RTX (NYSE:RTX) Releases FY 2025 Earnings Guidance

RTX (NYSE:RTX - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 5.800-5.950 for the period, compared to the consensus earnings per share estimate of 5.951. The company issued revenue guidance of $84.8 billion-$85.5 billion, compared to the consensus revenue estimate of $84.3 billion.

RTX Stock Performance

Shares of RTX traded down $2.30 during midday trading on Tuesday, reaching $149.26. The stock had a trading volume of 10,721,093 shares, compared to its average volume of 5,298,373. The firm has a 50 day simple moving average of $141.35 and a 200-day simple moving average of $131.70. RTX has a one year low of $103.62 and a one year high of $153.39. The firm has a market cap of $199.41 billion, a PE ratio of 25.82, a P/E/G ratio of 2.82 and a beta of 0.64. The company has a current ratio of 1.01, a quick ratio of 0.75 and a debt-to-equity ratio of 0.60.

RTX (NYSE:RTX - Get Free Report) last issued its earnings results on Tuesday, July 22nd. The company reported $1.56 EPS for the quarter, beating the consensus estimate of $1.45 by $0.11. The company had revenue of $21.58 billion during the quarter, compared to analysts' expectations of $20.68 billion. RTX had a net margin of 5.63% and a return on equity of 12.71%. The business's revenue for the quarter was up 9.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.41 EPS. As a group, sell-side analysts anticipate that RTX will post 6.11 EPS for the current year.

RTX Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Friday, August 15th will be issued a $0.68 dividend. This represents a $2.72 annualized dividend and a dividend yield of 1.82%. RTX's dividend payout ratio is currently 79.77%.

Analyst Upgrades and Downgrades

RTX has been the subject of a number of analyst reports. Cowen restated a "buy" rating on shares of RTX in a research report on Friday, May 23rd. UBS Group lifted their target price on shares of RTX from $133.00 to $138.00 and gave the company a "buy" rating in a research report on Wednesday, April 23rd. Susquehanna dropped their target price on shares of RTX from $147.00 to $140.00 and set a "positive" rating for the company in a research report on Wednesday, April 23rd. JPMorgan Chase & Co. dropped their target price on shares of RTX from $150.00 to $145.00 and set an "overweight" rating for the company in a research report on Monday, April 28th. Finally, Wall Street Zen lowered shares of RTX from a "buy" rating to a "hold" rating in a report on Saturday, June 21st. Seven research analysts have rated the stock with a hold rating, thirteen have given a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $164.28.

Insider Buying and Selling

In other news, VP Amy L. Johnson sold 4,146 shares of the stock in a transaction that occurred on Tuesday, May 6th. The stock was sold at an average price of $127.54, for a total transaction of $528,780.84. Following the sale, the vice president directly owned 9,546 shares in the company, valued at approximately $1,217,496.84. This represents a 30.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Dantaya M. Williams sold 16,922 shares of the stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $137.62, for a total value of $2,328,805.64. Following the sale, the executive vice president owned 16,538 shares in the company, valued at $2,275,959.56. The trade was a 50.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.15% of the company's stock.

Hedge Funds Weigh In On RTX

An institutional investor recently raised its position in RTX stock. Revolve Wealth Partners LLC lifted its holdings in RTX Corporation (NYSE:RTX - Free Report) by 3.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,873 shares of the company's stock after buying an additional 159 shares during the period. Revolve Wealth Partners LLC's holdings in RTX were worth $564,000 as of its most recent SEC filing. 86.50% of the stock is owned by institutional investors.

RTX Company Profile

RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally. It operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations.