RTX (NYSE:RTX) Shares Gap Up After Better-Than-Expected Earnings

RTX Corporation (NYSE:RTX) gapped up before the market opened on Thursday after the company announced better than expected quarterly earnings. The stock had previously closed at $194.88, but opened at $205.00. RTX shares last traded at $212.5270, with a volume of 1,732,788 shares trading hands.

The company reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.66 by $0.23. RTX had a net margin of 8.28% and a return on equity of 13.99%. The company had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. During the same period in the prior year, the firm posted $1.56 EPS. The company’s quarterly revenue was up 14.5% on a year-over-year basis. 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. Shareholders of record on Friday, August 14th will be issued a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Friday, August 14th. RTX’s dividend payout ratio (DPR) is presently 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

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Morgan Stanley reissued an “overweight” rating and issued a $240.00 price objective on shares of RTX in a research note on Friday. Royal Bank Of Canada raised their target price on RTX from $230.00 to $250.00 and gave the stock an “outperform” rating in a research note on Friday. Wells Fargo & Company lifted their target price on RTX from $200.00 to $230.00 and gave the stock an “equal weight” rating in a report on Friday. UBS Group reissued a “neutral” rating and issued a $215.00 price target on shares of RTX in a research note on Friday. Finally, Jefferies Financial Group restated 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 issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $218.62.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Navalign LLC bought a new stake in shares of RTX during the fourth quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC bought a new position in shares of RTX in the 4th quarter worth $26,000. Core Wealth Advisors LLC bought a new position in shares of RTX in the 4th quarter worth $31,000. 1 North Wealth Services LLC grew its position in RTX by 456.7% in the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock valued at $31,000 after purchasing an additional 137 shares during the period. Finally, Evergreen Advisors LLC acquired a new stake in RTX in the 1st quarter valued at $31,000. 86.50% of the stock is owned by institutional investors and hedge funds.

RTX Stock Up 1.9%

The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.78 and a current ratio of 1.01. The stock’s 50 day simple moving average is $187.08 and its 200 day simple moving average is $192.19. The firm has a market cap of $286.97 billion, a P/E ratio of 37.52, a price-to-earnings-growth ratio of 2.76 and a beta of 0.30.

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.