NYSE:RTX

Raytheon Technologies Stock Forecast, Price & News

$83.51
-0.51 (-0.61 %)
(As of 09/17/2021 02:04 PM ET)
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Today's Range
$82.51
$84.01
50-Day Range
$81.05
$88.62
52-Week Range
$51.92
$89.98
Volume207,155 shs
Average Volume6.12 million shs
Market Capitalization$125.92 billion
P/E Ratio57.99
Dividend Yield2.40%
Beta1.45
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Raytheon Technologies logo

About Raytheon Technologies

Raytheon Technologies Corp. is an aerospace and defense company, which engages in the provision of aerospace and defense systems and services for commercial, military, and government customers. It operates through the following segments: Collins Aerospace Systems, Pratt and Whitney, Raytheon Intelligence and Space, and Raytheon Missiles and Defense. The Collins Aerospace Systems segment specializes in the aero structures, avionics, interiors, mechanical systems, mission systems, and power controls. The Pratt and Whitney segment includes design and manufacture of aircraft engines and auxiliary power systems for commercial, military, and business aircraft. The Raytheon Intelligence and Space segment involves in the development of sensors, training, and cyber and software solutions. The Raytheon Missiles and Defense segment offers end-to-end solutions to detect, track, and engage threats. The company was founded in 2020 and is headquartered in Waltham, MA.

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MarketRank

Overall MarketRank

3.07 out of 5 stars

Aerospace Sector

1st out of 53 stocks

Aircraft Engines & Engine Parts Industry

1st out of 6 stocks

Analyst Opinion: 3.5Community Rank: 5.0Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -
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Raytheon Technologies (NYSE:RTX) Frequently Asked Questions

Is Raytheon Technologies a buy right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Raytheon Technologies in the last year. There are currently 2 hold ratings, 12 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Raytheon Technologies stock.
View analyst ratings for Raytheon Technologies
or view top-rated stocks.

What stocks does MarketBeat like better than Raytheon Technologies?

Wall Street analysts have given Raytheon Technologies a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Raytheon Technologies wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Raytheon Technologies' next earnings date?

Raytheon Technologies is scheduled to release its next quarterly earnings announcement on Tuesday, October 26th 2021.
View our earnings forecast for Raytheon Technologies
.

How were Raytheon Technologies' earnings last quarter?

Raytheon Technologies Co. (NYSE:RTX) released its quarterly earnings results on Monday, July, 26th. The company reported $1.03 earnings per share for the quarter, topping analysts' consensus estimates of $0.93 by $0.10. The firm had revenue of $15.88 billion for the quarter, compared to analysts' expectations of $15.83 billion. Raytheon Technologies had a trailing twelve-month return on equity of 6.80% and a net margin of 3.51%. Raytheon Technologies's revenue was up 12.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.39 earnings per share.
View Raytheon Technologies' earnings history
.

How has Raytheon Technologies' stock price been impacted by COVID-19?

Raytheon Technologies' stock was trading at $156.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, RTX shares have decreased by 46.7% and is now trading at $83.51.
View which stocks have been most impacted by COVID-19
.

How often does Raytheon Technologies pay dividends? What is the dividend yield for Raytheon Technologies?

Raytheon Technologies announced a quarterly dividend on Monday, June 21st. Investors of record on Friday, August 20th will be given a dividend of $0.51 per share on Thursday, September 9th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 2.44%. The ex-dividend date is Thursday, August 19th.
View Raytheon Technologies' dividend history
.

Is Raytheon Technologies a good dividend stock?

Raytheon Technologies pays an annual dividend of $2.04 per share and currently has a dividend yield of 2.40%. The dividend payout ratio of Raytheon Technologies is 74.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Raytheon Technologies will have a dividend payout ratio of 41.05% next year. This indicates that Raytheon Technologies will be able to sustain or increase its dividend.
View Raytheon Technologies' dividend history.

How will Raytheon Technologies' stock buyback program work?

Raytheon Technologies announced that its Board of Directors has initiated a stock repurchase program on Monday, December 7th 2020, which allows the company to repurchase $5,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 4.4% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's leadership believes its stock is undervalued.

What guidance has Raytheon Technologies issued on next quarter's earnings?

Raytheon Technologies updated its FY 2021 earnings guidance on Tuesday, August, 3rd. The company provided EPS guidance of $3.850-$4.000 for the period, compared to the Thomson Reuters consensus estimate of $3.850. The company issued revenue guidance of $64.40 billion-$65.40 billion, compared to the consensus revenue estimate of $65.37 billion.

What price target have analysts set for RTX?

15 brokers have issued 1 year target prices for Raytheon Technologies' stock. Their forecasts range from $85.00 to $110.00. On average, they expect Raytheon Technologies' stock price to reach $98.58 in the next year. This suggests a possible upside of 18.0% from the stock's current price.
View analysts' price targets for Raytheon Technologies
or view top-rated stocks among Wall Street analysts.

Who are Raytheon Technologies' key executives?

Raytheon Technologies' management team includes the following people:
  • Gregory J. Hayes, Chairman, President & Chief Executive Officer
  • Paolo C. Dal Cin, Head-Operations & Supply Chain
  • Neil G. Mitchill, Chief Financial Officer
  • Mark E. Russell, Head-Technology & Global Engineering
  • Frank R. Jimenez, Executive Vice President & General Counsel (LinkedIn Profile)

What is Gregory J. Hayes' approval rating as Raytheon Technologies' CEO?

184 employees have rated Raytheon Technologies CEO Gregory J. Hayes on Glassdoor.com. Gregory J. Hayes has an approval rating of 84% among Raytheon Technologies' employees.

Who are some of Raytheon Technologies' key competitors?

What other stocks do shareholders of Raytheon Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Raytheon Technologies investors own include AT&T (T), Johnson & Johnson (JNJ), NVIDIA (NVDA), The Boeing (BA), Intel (INTC), Cisco Systems (CSCO), The Home Depot (HD), The Walt Disney (DIS), Alibaba Group (BABA) and Verizon Communications (VZ).

What is Raytheon Technologies' stock symbol?

Raytheon Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "RTX."

Who are Raytheon Technologies' major shareholders?

Raytheon Technologies' stock is owned by a number of retail and institutional investors. Top institutional investors include State Street Corp (9.46%), Vanguard Group Inc. (8.51%), BlackRock Inc. (6.72%), Dodge & Cox (2.60%), Capital International Investors (2.14%) and Morgan Stanley (1.58%). Company insiders that own Raytheon Technologies stock include Dinesh C Paliwal, Frank R Jimenez, Frank R Jimenez, Gregory Hayes, Michael J Wood, Michael R Dumais, Randa G Newsome, Robert Kelly Ortberg, Stephen J Hadley, Thomas A Kennedy, Tracy A Atkinson and Wesley D Kremer.
View institutional ownership trends for Raytheon Technologies
.

Which institutional investors are selling Raytheon Technologies stock?

RTX stock was sold by a variety of institutional investors in the last quarter, including Bank of Nova Scotia, Parallax Volatility Advisers L.P., Deutsche Bank AG, Healthcare of Ontario Pension Plan Trust Fund, Fir Tree Capital Management LP, BlackRock Inc., Point72 Asset Management L.P., and Van ECK Associates Corp. Company insiders that have sold Raytheon Technologies company stock in the last year include Frank R Jimenez, Michael R Dumais, Robert Kelly Ortberg, and Wesley D Kremer.
View insider buying and selling activity for Raytheon Technologies
or view top insider-selling stocks.

Which institutional investors are buying Raytheon Technologies stock?

RTX stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., Capital International Investors, Nuveen Asset Management LLC, Hotchkis & Wiley Capital Management LLC, Epoch Investment Partners Inc., State Street Corp, Macquarie Group Ltd., and Vanguard Group Inc.. Company insiders that have bought Raytheon Technologies stock in the last two years include Dinesh C Paliwal, Frank R Jimenez, Gregory Hayes, and Thomas A Kennedy.
View insider buying and selling activity for Raytheon Technologies
or or view top insider-buying stocks.

How do I buy shares of Raytheon Technologies?

Shares of RTX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Raytheon Technologies' stock price today?

One share of RTX stock can currently be purchased for approximately $83.51.

How much money does Raytheon Technologies make?

Raytheon Technologies has a market capitalization of $125.92 billion and generates $56.59 billion in revenue each year. The company earns $-3,519,000,000.00 in net income (profit) each year or $2.73 on an earnings per share basis.

How many employees does Raytheon Technologies have?

Raytheon Technologies employs 181,000 workers across the globe.

Does Raytheon Technologies have any subsidiaries?

The following companies are subsidiares of Raytheon Technologies: 9G Elevator Pte. Ltd., AMI Industries Inc, Allyn Holdings Inc., Applied Signal Technology Inc, Arabian Air Conditioning Company, Ardmore Holdings S.a.r.l., Ashworth Holdings Sarl, Augusta (Gibraltar) Holdings I Limited, Automated Logic Corporation, B/E Aerospace (UK) Limited, B/E Aerospace B.V., B/E Aerospace B.V. - Phillipines, B/E Aerospace Holdings GmbH, B/E Aerospace Inc., BE Aerospace (UK) Europe Holdings Limited, BE Aerospace Global Holding B.V., BE Aerospace Global Holdings Limited, BE Aerospace Holdings (UK) Limited, BE Aerospace International Holdings Limited, BE Aerospace Investments Holdings II S.A.R.L - Barbados, BE Aerospace Investments Holdings II S.a r.l., BE Aerospace Investments Holdings Ltd., BE Aerospace Thermal and Power Management Holdings (UK) Limited, BEA (Barbados) DRE SRL, BEA (Barbados) Global Holdings SRL, BEA (Barbados) International Holdings SRL, BEA Jersey Limited, BET Security and Communications Limited, Bedford Holdings B.V., Beesail Limited, Belgium Parkview BVBA, Blackbird Technologies, Blades Technology Ltd., Blue Canyon Technologies, CTU Of Delaware Inc., Caricor Ltd., Carrier Asia Limited, Carrier Corporation, Carrier Enterprise LLC, Carrier HVACR Investments B.V., Carrier Mexico S.A. de C.V., Carrier Refrigeration ECR Holding Luxembourg S.a r.l., Carrier Refrigeration Switzerland Ltd, Carrier Transicold Europe, Ceesail Limited, Chubb Fire & Security Limited, Chubb Fire & Security Pty Ltd, Chubb Fire Limited, Chubb France, Chubb Group Limited, Chubb Group Security Limited, Chubb International (Netherlands) BV, Chubb International Holdings Limited, Chubb Limited, Chubb Nederland B.V., Commonwealth Luxembourg Holdings S.à r.l., Concord Luxembourg S.à r.l., Delancey Holdings B.V., Delavan Inc, Detector Electronics Corporation, Devonshire Switzerland Holdings GmbH, Eagle Services Asia Private Limited, Elevadores Otis Ltda., Empresas Carrier S. de R.L. de C.V., Forcepoint, Foreground Security, Goodrich, Goodrich Actuation Systems Limited, Goodrich Aerospace Canada Ltd, Goodrich Aftermarket Services Limited, Goodrich Canada Inc, Goodrich Control Systems, Goodrich Control Systems Inc., Goodrich Inertial Limited, Goodrich Limited, Goodrich Luxembourg S.A.R.L., Goodrich Pump & Engine Control Systems Inc., Goodrich Systems Limited, Goodrich XCH Luxembourg B.V./S.a.r.l. (Dual Dutch/Lux Citizenship), HEJ Holding Inc., Hamilton Sundstrand Aviation Services Inc., Hamilton Sundstrand Corporation, Hamilton Sundstrand Holdings Inc., Hamilton Sundstrand International Holdings (Luxembourg) S.à r.l., Hamilton Sundstrand de Puerto Rico Inc., Henggeler Computer Consultants, Highland Holdings S.a.r.l, IAE International Aero Engines AG, JPS Communications, Kidde Fire Protection Inc., Kidde Fire Protection Inc., Kidde Products Limited, Kidde Technologies Inc., Kidde UK, Kidde US Holdings Inc., Koninklijke Fabriek Inventum B.V., Latin American Holding Inc., Matlock Holdings Ltd, Menasco Aerosystems Inc., Microtecnica S.r.l., Mulberry Holdings LLC, NSI Inc., Nicoll Holdings S.a.r.l, Nippon Otis Elevator Company, Noresco LLC, Oakley Networks, Otis Electric Elevator Company Limited, Otis Elevator (China) Company Limited, Otis Elevator Company, Otis Elevator Korea, Otis Far East Holdings Limited, Otis Gesellschaft m.b.H, Otis Holdings GmbH & Co. OHG, Otis International Holdings GmbH, Otis Investments Limited, Otis Pacific Holdings B.V., Otis S.C.S., Parkview Treasury Services (UK) Limited, Photon Research Associates, Pikewerks, Poseidon Scientific Instruments Pty Ltd., Pratt & Whitney Aero Engines International Gmbh, Pratt & Whitney Canada Corp., Pratt & Whitney Canada Holdings Corp., Pratt & Whitney Canada Leasing Limited Partnership, Pratt & Whitney Component Solutions Inc., Pratt & Whitney Compressor Airfoil Holdings Inc., Pratt & Whitney Engine Leasing LLC, Pratt & Whitney Engine Services Inc., Pratt & Whitney Rzeszow S.A., Pratt & Whitney Services Inc., Pratt Aero Limited Partnership, RIELLO GROUP S.P.A, RIELLO S.P.A., Ratier-Figeac SAS, Raytheon BBN Technologies, Raytheon Secure Information Systems, Raytheon Solipsys, Rockwell Collins Inc., Rockwell Collins International Financing S.A.R.L - Barbados, Rockwell Collins Technologies LLC, Rohr Inc., Rosemount Aerospace Inc., SI Government Solutions, SICLI Holding SAS, Sensitech Inc., Shanghai Pratt & Whitney Aircraft Engine Maintenance Company Limited, Silver Lake Holdings S.à r.l., Simmonds Precision Products Inc., Sirius (Korea) Limited, TSI Group Inc., Technology Associates, Telemus Solutions, Teligy, Thomas Houston Associates inc., Trenton Luxembourg S.à r.l., Trumbull Holdings SCS, Trusted Computer Solutions, UT Finance Corporation, UT Luxembourg Holding II S.à r.l., UT Park View Inc., UTC (US) LLC, UTC Australia Commercial Holdings Pty Ltd, UTC Canada Corporation, UTC Corporation, UTC Fire & Security Americas Corporation Inc., UTC Fire & Security Canada Inc., UTC Fire & Security Luxembourg S.a r.l., UTC Investments Australia Pty Limited, UTCL Corp., UTCL Investments B.V., UTX Holdings S.C.S., United Technologies, United Technologies Corporation [DE], United Technologies Electronic Controls Inc., United Technologies Far East Limited, United Technologies France SAS, United Technologies Holding GmbH, United Technologies Holdings Italy Srl, United Technologies Holdings Limited, United Technologies Holdings SAS, United Technologies Intercompany Lending Ireland Designated Activity Company, United Technologies International Corporation, United Technologies International Corporation-Asia Private Limited, United Technologies Luxembourg S.à r.l., United Technologies Paris S.A.S., United Technologies South Asia Pacific Pte. Ltd, Virtual Technology Corporation, Visual Analytics, Walter Kidde Portable Equipment Inc., and Zardoya Otis S.A..

When was Raytheon Technologies founded?

Raytheon Technologies was founded in 2020.

What is Raytheon Technologies' official website?

The official website for Raytheon Technologies is www.rtx.com.

Where are Raytheon Technologies' headquarters?

Raytheon Technologies is headquartered at 870 Winter Street, Waltham MA, 02451.

How can I contact Raytheon Technologies?

Raytheon Technologies' mailing address is 870 Winter Street, Waltham MA, 02451. The company can be reached via phone at (781) 522-3000 or via email at [email protected]


This page was last updated on 9/17/2021 by MarketBeat.com Staff
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