RTX (NYSE:RTX) Stock Price Up 1.2% - Still a Buy?

Key Points

• Price and fundamentals: RTX rose 1.2% to about $209, has a $280.6B market cap, beat quarterly EPS ($1.55 vs. $1.47) and revenue ($24.24B), and set FY‑2026 EPS guidance of 6.60–6.80 (consensus ~6.11) with a P/E around 42.
• Business catalysts: The company is pitching for a role in the FAA’s $12.5 billion air‑traffic control modernization and an integrated tech suite, while Middle East tensions and a cited "missile megatrend" support demand and a very large backlog.
• Market sentiment and ownership: Analysts are mostly positive (average rating "Moderate Buy" with an average target of $199.50, though some targets like RBC are as high as $230), insiders have recently sold shares (~89k), and institutions own about 86.5% of the stock.

RTX Corporation (NYSE:RTX - Get Free Report) rose 1.2% on Wednesday . The stock traded as high as $209.95 and last traded at $209.03. Approximately 5,985,184 shares were traded during trading, a decline of 11% from the average daily volume of 6,706,542 shares. The stock had previously closed at $206.52.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX is actively pitching to play a larger role in the FAA’s planned $12.5 billion air-traffic control modernisation, positioning the company to capture a multi‑billion opportunity if selected. RTX Seeks Larger Role in FAA’s $12.5B ATC Overhaul
• Positive Sentiment: Separately, RTX is pitching an integrated technology suite for the U.S. air-traffic control modernisation program, reinforcing its relevance beyond traditional defense programs into large civil contracts. RTX pitches integrated technology suite for US air traffic modernisation programme
• Positive Sentiment: White House meetings with Lockheed and RTX executives to discuss boosting weapons production signal potential policy support and priority on accelerating defense output—a bullish catalyst for backlog conversion and near‑term revenue. Market Chatter: Lockheed Martin, RTX Executives to Meet at White House to Discuss Boosting Weapons Production
• Positive Sentiment: Geo‑political tensions in the Middle East have driven a sector‑wide rally; coverage highlights RTX’s very large backlog and the expectation of sustained demand for missiles, air‑defense and sustainment — a direct tailwind to revenue visibility. Defense Stocks: Rockets, Radars, and Record Backlogs (RTX)
• Positive Sentiment: Citi and other analysts flag a “missile megatrend” and higher defense spending expectations, calling the sector underpriced — supportive macro narrative for RTX’s missile and munitions franchises. Missile ‘megatrend’ still underestimated despite Iran conflict, says Citi
• Positive Sentiment: Recent analyst pieces (Forbes, Seeking Alpha) reiterate bullish views on RTX as a core defense play with strong product franchises and long-term growth potential—supporting investor conviction. Why RTX Stock Is A Better Play Than ATI For Growth & Value Raytheon Corporation: Backbone Of U.S. Defense
• Neutral Sentiment: Coverage pages and “is it a buy?” features (Zacks, Yahoo/Shares) are flagging strong investor interest and recent outperformance; useful for sentiment monitoring but not new fundamental news. Is Trending Stock RTX Corporation (RTX) a Buy Now?
• Neutral Sentiment: Some peripheral articles mention AI/military forecasting and market commentary that include RTX; these provide context on themes but are not company‑specific catalysts. PLTR, NOC and RTX Forecast – AI and Military in Focus
• Neutral Sentiment: Multiple tech articles reference “RTX” in the Nvidia GPU brand (RTX 5070/5090) — unrelated to RTX Corporation; investors should not conflate GPU headlines with Raytheon/Pratt & Whitney news. Example: MSI/Nvidia GPU reports. MSI GeForce RTX 5090D v2 LIGHTNING Z for China spotted

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. TD Cowen restated a "buy" rating on shares of RTX in a research report on Tuesday, January 27th. Wall Street Zen cut shares of RTX from a "strong-buy" rating to a "buy" rating in a report on Sunday, December 14th. Royal Bank Of Canada raised their price target on shares of RTX from $220.00 to $230.00 and gave the company an "outperform" rating in a research note on Wednesday, January 28th. Wolfe Research reiterated an "outperform" rating on shares of RTX in a research report on Wednesday, February 4th. Finally, DZ Bank downgraded shares of RTX from a "hold" rating to a "strong sell" rating in a research note on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $199.50.

RTX Price Performance

The stock has a market cap of $280.58 billion, a P/E ratio of 42.14, a P/E/G ratio of 3.07 and a beta of 0.42. The company's 50 day moving average price is $196.21 and its 200-day moving average price is $177.78. The company has a quick ratio of 0.80, a current ratio of 1.03 and a debt-to-equity ratio of 0.51.

RTX (NYSE:RTX - Get Free Report) last posted its quarterly earnings data on Tuesday, January 27th. The company reported $1.55 earnings per share for the quarter, beating analysts' consensus estimates of $1.47 by $0.08. The business had revenue of $24.24 billion during the quarter, compared to the consensus estimate of $22.65 billion. RTX had a return on equity of 13.08% and a net margin of 7.60%.RTX's quarterly revenue was up 12.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.54 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, sell-side analysts expect that RTX Corporation will post 6.11 earnings per share for the current year.

RTX Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, February 20th will be paid a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, February 20th. RTX's payout ratio is currently 54.84%.

Insider Buying and Selling at RTX

In related news, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the business's stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $205.56, for a total value of $7,349,797.80. Following the transaction, the executive vice president owned 59,556 shares in the company, valued at $12,242,331.36. The trade was a 37.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Kevin G. Dasilva sold 8,136 shares of the company's stock in a transaction on Friday, February 13th. The shares were sold at an average price of $201.30, for a total transaction of $1,637,776.80. Following the sale, the vice president directly owned 27,102 shares in the company, valued at $5,455,632.60. This trade represents a 23.09% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 89,255 shares of company stock worth $18,151,956. Company insiders own 0.15% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in RTX. Vanguard Group Inc. increased its stake in shares of RTX by 1.8% in the 4th quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company's stock valued at $22,922,464,000 after acquiring an additional 2,210,950 shares in the last quarter. State Street Corp grew its holdings in RTX by 0.5% in the second quarter. State Street Corp now owns 112,706,833 shares of the company's stock worth $16,457,452,000 after purchasing an additional 552,009 shares during the period. Capital Research Global Investors increased its stake in RTX by 1.1% in the third quarter. Capital Research Global Investors now owns 76,197,762 shares of the company's stock valued at $12,750,087,000 after purchasing an additional 799,155 shares in the last quarter. Morgan Stanley raised its holdings in shares of RTX by 0.4% during the fourth quarter. Morgan Stanley now owns 29,783,584 shares of the company's stock valued at $5,462,310,000 after purchasing an additional 105,069 shares during the period. Finally, Fisher Asset Management LLC boosted its position in shares of RTX by 3.0% during the 4th quarter. Fisher Asset Management LLC now owns 21,800,188 shares of the company's stock worth $3,998,155,000 after purchasing an additional 625,994 shares in the last quarter. 86.50% of the stock is owned by institutional investors and hedge funds.

About RTX

RTX NYSE: RTX is a U.S.-based aerospace and defense company that designs, manufactures and services advanced systems for commercial, military and governmental customers worldwide. The company was created through the 2020 combination of Raytheon Company and United Technologies Corporation and later adopted the RTX name, positioning itself as a diversified provider across the aerospace and defense value chain.

RTX's operations span a broad set of capabilities. Its commercial aerospace businesses include Pratt & Whitney aircraft engines and Collins Aerospace systems, which supply propulsion, avionics, aerostructures, interiors and integrated aircraft systems.

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