RTX (NYSE:RTX) Reaches New 12-Month High Following Better-Than-Expected Earnings

RTX Corporation (NYSE:RTX)’s stock price reached a new 52-week high during mid-day trading on Friday following a stronger than expected earnings report. The company traded as high as $214.89 and last traded at $213.6410, with a volume of 1125215 shares changing hands. The stock had previously closed at $209.16.

The company reported $1.89 earnings per share for the quarter, topping the consensus estimate of $1.66 by $0.23. The firm had revenue of $24.71 billion for the quarter, compared to analysts’ expectations of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The company’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS.

RTX Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Friday, August 14th will be given a dividend of $0.73 per share. The ex-dividend date is Friday, August 14th. This represents a $2.92 dividend on an annualized basis and a yield of 1.4%. RTX’s dividend payout ratio is 51.41%.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX reported better-than-expected Q2 adjusted EPS of $1.89 on revenue of $24.71 billion, topping Wall Street estimates and showing 14.5% year-over-year revenue growth. RTX Beats on Q2 Earnings, Lifts Full-Year 2026 Guidance
• Positive Sentiment: The company raised full-year 2026 guidance for sales, EPS, and free cash flow, signaling management sees momentum continuing into the rest of the year. RTX Reports Q2 2026 Results
• Positive Sentiment: RTX highlighted a record $289 billion backlog and more than $5 billion in Patriot-related bookings, including its first U.S. Patriot order in over 30 years, reinforcing strong demand for missile and defense systems. QUICK SPARK: RTX Just Received Its First US Patriot Order in 30 Years
• Positive Sentiment: Several analysts turned more constructive, with RBC and Morgan Stanley pointing to stronger aerospace and defense demand, margin upside, and additional growth potential through 2027. RTX Q2 Results Beat Expectations on Strong Aerospace, Defense Demand, RBC Says
• Neutral Sentiment: Wells Fargo raised its price target on RTX, but kept an “equal weight” rating, suggesting a more balanced view despite the improved outlook.
• Negative Sentiment: Some commentary noted potential headwinds tied to geopolitical risks and execution challenges, which could limit upside if defense demand or operations soften. RTX Stock Rises After Strong Earnings but Faces Two Iran War Headwinds

Wall Street Analyst Weigh In

A number of equities analysts have commented on RTX shares. Royal Bank Of Canada boosted their price objective on RTX from $230.00 to $250.00 and gave the stock an “outperform” rating in a research note on Friday. Susquehanna raised their target price on RTX from $235.00 to $245.00 and gave the company a “positive” rating in a research note on Friday. Robert W. Baird set a $240.00 price target on RTX in a report on Friday. Wall Street Zen downgraded shares of RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of RTX in a report on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $218.62.

Institutional Trading of RTX

A number of hedge funds have recently modified their holdings of RTX. Alpha Cubed Investments LLC increased its stake in RTX by 0.3% in the fourth quarter. Alpha Cubed Investments LLC now owns 14,720 shares of the company’s stock valued at $2,700,000 after purchasing an additional 50 shares in the last quarter. LeConte Wealth Management LLC boosted its position in shares of RTX by 2.3% during the fourth quarter. LeConte Wealth Management LLC now owns 2,247 shares of the company’s stock worth $412,000 after purchasing an additional 51 shares in the last quarter. Rydar Equities Inc. grew its holdings in shares of RTX by 0.4% in the 4th quarter. Rydar Equities Inc. now owns 13,524 shares of the company’s stock valued at $2,480,000 after buying an additional 52 shares during the period. Schulhoff & Co. Inc. grew its holdings in shares of RTX by 1.7% in the 4th quarter. Schulhoff & Co. Inc. now owns 3,188 shares of the company’s stock valued at $585,000 after buying an additional 52 shares during the period. Finally, Howard Capital Management Inc. increased its position in shares of RTX by 0.4% in the 4th quarter. Howard Capital Management Inc. now owns 12,340 shares of the company’s stock valued at $2,263,000 after buying an additional 53 shares in the last quarter. 86.50% of the stock is currently owned by institutional investors and hedge funds.

RTX Price Performance

The firm has a market cap of $286.97 billion, a price-to-earnings ratio of 37.52, a P/E/G ratio of 2.81 and a beta of 0.30. The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47. The company has a 50 day moving average of $187.08 and a 200 day moving average of $192.19.

RTX Company Profile

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.