RTX (NYSE:RTX) Releases FY 2025 Earnings Guidance

Key Points

• RTX has provided FY 2025 earnings guidance of 6.100-6.200 EPS, exceeding the consensus estimate of 5.950 EPS, and revenue guidance of $86.5 billion-$87.0 billion, above the consensus estimate of $85.7 billion.
• Analysts have a mostly favorable outlook on RTX, with an average rating of "Moderate Buy" and a target price of $164.13, with some firms, like Bank of America and Deutsche Bank, setting higher target prices of $175.00 and $195.00 respectively.
• Institutional investors own a significant portion of RTX, holding 86.50% of the company's stock, with several firms increasing their stakes in the second quarter.

RTX (NYSE:RTX - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 6.100-6.200 for the period, compared to the consensus estimate of 5.950. The company issued revenue guidance of $86.5 billion-$87.0 billion, compared to the consensus revenue estimate of $85.7 billion.

Analysts Set New Price Targets

A number of research firms have recently commented on RTX. Jefferies Financial Group reaffirmed a "hold" rating on shares of RTX in a report on Monday, July 21st. Weiss Ratings reiterated a "buy (b-)" rating on shares of RTX in a research report on Wednesday, October 8th. Bank of America increased their target price on shares of RTX from $150.00 to $175.00 and gave the stock a "buy" rating in a research report on Wednesday, July 23rd. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $195.00 target price on shares of RTX in a research report on Wednesday, October 8th. Finally, Sanford C. Bernstein increased their target price on shares of RTX from $157.00 to $181.00 and gave the stock a "market perform" rating in a research report on Monday, October 6th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, RTX currently has an average rating of "Moderate Buy" and an average target price of $164.13.

RTX Trading Up 1.7%

RTX opened at $160.63 on Tuesday. The company has a current ratio of 1.01, a quick ratio of 0.75 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $215.02 billion, a PE ratio of 35.30, a PEG ratio of 2.93 and a beta of 0.66. RTX has a 1-year low of $112.27 and a 1-year high of $170.85. The firm has a 50-day moving average price of $159.31 and a two-hundred day moving average price of $146.31.

RTX (NYSE:RTX - Get Free Report) last posted its quarterly earnings data on Tuesday, October 21st. The company reported $1.70 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.29. RTX had a net margin of 7.35% and a return on equity of 12.89%. RTX has set its FY 2025 guidance at 6.100-6.200 EPS. As a group, equities analysts anticipate that RTX will post 6.11 earnings per share for the current fiscal year.

Insider Transactions at RTX

In other RTX news, insider Troy D. Brunk sold 7,654 shares of the firm's stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $155.20, for a total value of $1,187,900.80. Following the completion of the sale, the insider owned 16,442 shares in the company, valued at approximately $2,551,798.40. This trade represents a 31.76% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Shane G. Eddy sold 25,968 shares of RTX stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $159.79, for a total transaction of $4,149,426.72. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 56,635 shares of company stock worth $8,947,010. Corporate insiders own 0.15% of the company's stock.

Institutional Investors Weigh In On RTX

Several institutional investors have recently modified their holdings of the business. Vident Advisory LLC grew its position in shares of RTX by 42.4% during the 2nd quarter. Vident Advisory LLC now owns 818,027 shares of the company's stock worth $119,448,000 after buying an additional 243,476 shares during the period. CANADA LIFE ASSURANCE Co boosted its stake in RTX by 37.0% during the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 551,953 shares of the company's stock worth $80,687,000 after acquiring an additional 149,031 shares during the last quarter. MML Investors Services LLC boosted its stake in RTX by 1.9% during the 2nd quarter. MML Investors Services LLC now owns 396,012 shares of the company's stock worth $57,826,000 after acquiring an additional 7,328 shares during the last quarter. Rafferty Asset Management LLC boosted its stake in RTX by 27.4% during the 2nd quarter. Rafferty Asset Management LLC now owns 319,287 shares of the company's stock worth $46,622,000 after acquiring an additional 68,622 shares during the last quarter. Finally, Captrust Financial Advisors boosted its stake in RTX by 1.9% during the 2nd quarter. Captrust Financial Advisors now owns 297,769 shares of the company's stock worth $43,480,000 after acquiring an additional 5,641 shares during the last quarter. Institutional investors and hedge funds own 86.50% of the company's stock.

About RTX

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.

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