RTX (NYSE:RTX) Trading Up 2% - Time to Buy?

Key Points

• RTX rose 2% to $176.24 on Thursday with roughly 6.19 million shares traded, slightly above its average volume.
• The board raised the quarterly dividend to $0.73 (up 7.4%) and the company secured defense wins including selection for the U.S. Space Force "Golden Dome" program and a ~$206.2M Navy GPS landing‑system contract, supporting near‑term revenue and shareholder returns.
• Q1 earnings beat—EPS $1.78 vs. $1.52 expected and revenue $22.08B vs. $21.38B—RTX set FY2026 guidance of 6.60–6.80 EPS; analysts show a "Moderate Buy" consensus with an average target of $206.59, though some raise valuation concerns and insiders have recently sold shares.

RTX Corporation (NYSE:RTX - Get Free Report) rose 2% during trading on Thursday . The stock traded as high as $176.65 and last traded at $176.24. Approximately 6,193,447 shares were traded during trading, an increase of 4% from the average daily volume of 5,963,608 shares. The stock had previously closed at $172.79.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Board raises quarterly cash dividend to $0.73/share (up 7.4%), payable June 11 with a May 22 record date — increases shareholder income and signals confidence in cash flow. RTX Board of Directors Increases Quarterly Cash Dividend
• Positive Sentiment: RTX was named to a U.S. Space Force program (Golden Dome) to develop space-based missile interceptor prototypes — positions RTX for a slice of a multi‑billion dollar defense initiative if prototypes progress. RTX Golden Dome Role Puts Valuation And Defense Exposure In Focus
• Positive Sentiment: RTX won a ~$206.2M Navy contract to upgrade GPS-based aircraft landing systems — another near-term revenue / backlog add in defense avionics. RTX wins $206.2M Navy deal to upgrade GPS-based aircraft landing system
• Positive Sentiment: Company recognized as a global leader in patents and innovation — supports long-term competitive moat and R&D credibility in aerospace & defense. RTX recognized as global leader in patents and innovation
• Positive Sentiment: Erste Group raised FY2026 and FY2027 EPS estimates (slightly higher forecasts), which can support expectations for better forward earnings. Erste Group raises EPS estimates for RTX
• Neutral Sentiment: Market commentary pieces note cautious but constructive Wall Street sentiment and short-term trading activity; useful context but not a direct catalyst. RTX Corporation Stock: Is Wall Street Bullish or Bearish?
• Neutral Sentiment: Several technology headlines reference consumer “RTX” GPUs from Nvidia (e.g., RTX 5070/5080). These are unrelated to RTX Corporation (the aerospace & defense firm) and are unlikely to materially affect RTX Corp fundamentals. Nvidia quietly released a new version of GeForce RTX 5070 GPU
• Negative Sentiment: Analyst/analysis pieces (e.g., Seeking Alpha) highlight valuation concerns — a “valuation wall” despite strong balance sheet and cash flow, which could cap upside if multiples re-rate. RTX Corporation: The Paradox Of Perfection

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Wolfe Research reaffirmed an "outperform" rating on shares of RTX in a research report on Wednesday, February 4th. Susquehanna reaffirmed a "positive" rating and issued a $230.00 price objective on shares of RTX in a research report on Thursday, January 15th. Robert W. Baird set a $225.00 price objective on RTX in a research report on Wednesday, January 28th. TD Cowen reaffirmed a "buy" rating on shares of RTX in a research report on Tuesday, January 27th. Finally, Citigroup cut their price objective on RTX from $238.00 to $226.00 and set a "buy" rating for the company in a research report on Thursday, April 2nd. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, RTX currently has an average rating of "Moderate Buy" and an average target price of $206.59.

RTX Stock Performance

The company has a market cap of $237.34 billion, a P/E ratio of 33.07, a price-to-earnings-growth ratio of 2.46 and a beta of 0.43. The company has a quick ratio of 0.78, a current ratio of 1.02 and a debt-to-equity ratio of 0.48. The stock has a 50 day moving average price of $196.65 and a two-hundred day moving average price of $187.94.

RTX (NYSE:RTX - Get Free Report) last announced its earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, topping analysts' consensus estimates of $1.52 by $0.26. The company had revenue of $22.08 billion for the quarter, compared to analyst estimates of $21.38 billion. RTX had a return on equity of 13.50% and a net margin of 8.03%.The firm's quarterly revenue was up 8.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.47 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, research analysts predict that RTX Corporation will post 6.89 earnings per share for the current fiscal year.

RTX Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, February 20th were paid a dividend of $0.68 per share. The ex-dividend date was Friday, February 20th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.5%. RTX's dividend payout ratio (DPR) is 51.03%.

Insider Activity at RTX

In other news, insider Shane G. Eddy sold 17,527 shares of the stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $199.16, for a total transaction of $3,490,677.32. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the stock in a transaction that occurred on Thursday, February 19th. The stock was 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 approximately $12,242,331.36. This trade represents a 37.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 89,255 shares of company stock valued at $18,151,956 in the last 90 days. Corporate insiders own 0.10% of the company's stock.

Hedge Funds Weigh In On RTX

A number of hedge funds have recently added to or reduced their stakes in RTX. BNP Paribas bought a new position in RTX during the 3rd quarter worth $25,000. Navalign LLC bought a new position in RTX during the 4th quarter worth $25,000. Commonwealth Retirement Investments LLC bought a new position in RTX during the 4th quarter worth $26,000. Valley Wealth Managers Inc. bought a new position in RTX during the 3rd quarter worth $30,000. Finally, Core Wealth Advisors LLC bought a new position in RTX during the 4th quarter worth $31,000. Institutional investors own 86.50% of the company's stock.

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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