RTX (NYSE:RTX) Trading Up 2.4% – Still a Buy?

RTX Corporation (NYSE:RTX)’s share price shot up 2.4% on Friday . The stock traded as high as $202.62 and last traded at $202.40. 8,944,254 shares changed hands during trading, an increase of 38% from the average session volume of 6,486,356 shares. The stock had previously closed at $197.63.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX won a DARPA XENA contract (BBN Technologies) for long‑range X‑ray situational awareness and a separate optics supply contract (Raytheon ELCAN) with the German Armed Forces — both expand program wins, reinforce backlog and NATO/Europe positioning, and support near‑term revenue visibility. RTX Defense Wins Link Future Tech Pipeline With Current Valuation Picture
• Neutral Sentiment: Analyst pieces are actively re‑rating and comparing defense names; a Zacks look at Boeing vs. RTX highlights sector tailwinds (higher defense spending) but draws distinctions based on backlog, earnings revisions and balance‑sheet metrics — helpful context for relative valuation decisions. Boeing vs. RTX: Which Defense Stock Offers Better Value in 2026?
• Neutral Sentiment: Several technology headlines in the feed reference “RTX” graphics (NVIDIA) — e.g., reports on NVIDIA GeForce RTX shortages, Micron GDDR7 showing up on RTX 50‑series GPUs, driver rollbacks and high gaming revenue — these are material for NVIDIA and GPU‑ecosystem suppliers but not for RTX Corporation’s defense/aero fundamentals; they can, however, create short‑term retail noise around the “RTX” ticker. (Representative: NVIDIA confirms GeForce RTX GPU shortage.) NVIDIA confirms GeForce RTX GPU shortage for 2026
• Negative Sentiment: Some analyst coverage notes RTX has pulled back since its last earnings report; pieces exploring why the stock is down (earnings follow‑through, guidance vs. expectations, and short‑term sentiment) could pressure sentiment until upcoming catalysts (orders, funded backlog, guidance updates) provide clarity. Why Is RTX (RTX) Down 1.7% Since Last Earnings Report?

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. BNP Paribas Exane started coverage on shares of RTX in a research report on Tuesday, November 18th. They set an “outperform” rating and a $210.00 target price on the stock. Wolfe Research reaffirmed an “outperform” rating on shares of RTX in a research report on Wednesday, February 4th. Morgan Stanley reissued an “overweight” rating and issued a $235.00 price objective on shares of RTX in a research report on Wednesday, January 28th. JPMorgan Chase & Co. raised their target price on RTX from $200.00 to $215.00 and gave the company an “overweight” rating in a research report on Wednesday, January 28th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of RTX in a report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $199.50.

RTX Stock Performance

The company has a debt-to-equity ratio of 0.51, a current ratio of 1.03 and a quick ratio of 0.80. The stock has a market capitalization of $271.68 billion, a P/E ratio of 40.81, a price-to-earnings-growth ratio of 2.93 and a beta of 0.43. The company has a 50 day simple moving average of $195.27 and a 200-day simple moving average of $176.86.

RTX (NYSE:RTX) last announced its quarterly earnings data on Tuesday, January 27th. The company reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.08. The company had revenue of $24.24 billion during the quarter, compared to analyst estimates of $22.65 billion. RTX had a return on equity of 13.08% and a net margin of 7.60%.The firm’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.54 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities analysts forecast that RTX Corporation will post 6.11 EPS for the current year.

RTX Dividend Announcement

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

Insider Buying and Selling at RTX

In other news, insider Shane G. Eddy sold 17,527 shares of RTX stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $199.16, for a total value of $3,490,677.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $205.56, for a total transaction of $7,349,797.80. Following the sale, the executive vice president directly owned 59,556 shares in the company, valued at $12,242,331.36. This trade represents a 37.51% decrease in their position. The disclosure for this sale is available in the SEC filing. Over 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 Trading of RTX

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

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.