RTX (NYSE:RTX) Hits New 12-Month High on Strong Earnings

Shares of RTX Corporation (NYSE:RTX) reached a new 52-week high on Wednesday after the company announced better than expected quarterly earnings. The stock traded as high as $205.36 and last traded at $201.6660, with a volume of 1438339 shares trading hands. The stock had previously closed at $201.28.

The company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.08. RTX had a net margin of 7.60% and a return on equity of 13.08%. The business had revenue of $24.24 billion during the quarter, compared to analyst estimates of $22.65 billion. During the same quarter in the previous year, the business posted $1.54 EPS. RTX’s quarterly revenue was up 12.1% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Beat-and-raise quarter: RTX reported stronger-than-expected Q4 revenue and adjusted EPS, double-digit revenue growth, materially improved free cash flow (~$3.2B) and an upbeat FY‑2026 outlook — fundamentals that support higher valuation. Why RTX Stock Is Surging in 2026—and Why It Might Not Be Done Yet
• Positive Sentiment: Analyst momentum / price-target lifts: Several firms raised forecasts and price targets after the quarter (including a recent JPMorgan upgrade and higher street targets), which supports near-term upside if upgrades continue to outnumber downgrades. RTX Analysts Raise Their Forecasts Following Strong Q4 Earnings
• Positive Sentiment: Contract wins / backlog support: New government awards (e.g., a $197M Raytheon contract) and a backlog above ~$260B provide multi‑year revenue visibility and support cash flow and margin improvement assumptions. RTX’s Raytheon awarded $197 million contract for Poland airborne reconnaissance system
• Neutral Sentiment: Guidance roughly in line with consensus: FY‑2026 EPS and revenue guidance sits near analyst consensus — that removes surprise upside and can limit an immediate bullish reaction even though guidance is constructive. Why RTX Stock Is Surging in 2026—and Why It Might Not Be Done Yet
• Negative Sentiment: Institutional and insider selling: High institutional ownership combined with reported net selling and several insider dispositions are potential headwinds for near‑term price appreciation and can amplify pullbacks. RTX Q4 release and insider / institutional activity
• Negative Sentiment: Technical/valuation risk: MarketBeat and other technical notes flag possible consolidation or a pullback into the $170–$180 area without invalidating the uptrend — traders may be taking profits after the rally, weighing on the price today. Why RTX Stock Is Surging in 2026—and Why It Might Not Be Done Yet

Analysts Set New Price Targets

A number of analysts have commented on the company. JPMorgan Chase & Co. boosted their price objective on RTX from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Wednesday. TD Cowen reaffirmed a “buy” rating on shares of RTX in a research report on Tuesday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $195.00 price target on shares of RTX in a research report on Wednesday, October 8th. Susquehanna reiterated a “positive” rating and issued a $230.00 price objective on shares of RTX in a research note on Thursday, January 15th. Finally, The Goldman Sachs Group boosted their target price on RTX from $151.00 to $168.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $198.06.

Hedge Funds Weigh In On RTX

Institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of RTX by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 122,775,221 shares of the company’s stock worth $20,543,978,000 after acquiring an additional 700,487 shares during the period. State Street Corp boosted its position in RTX by 0.5% during the second quarter. State Street Corp now owns 112,706,833 shares of the company’s stock worth $16,457,452,000 after purchasing an additional 552,009 shares during the period. Capital Research Global Investors boosted its position in RTX by 1.1% during the third quarter. Capital Research Global Investors now owns 76,197,762 shares of the company’s stock worth $12,750,087,000 after purchasing an additional 799,155 shares during the period. Fisher Asset Management LLC raised its position in shares of RTX by 2.8% in the third quarter. Fisher Asset Management LLC now owns 21,174,194 shares of the company’s stock valued at $3,543,078,000 after purchasing an additional 575,004 shares during the period. Finally, Norges Bank bought a new stake in shares of RTX in the second quarter valued at approximately $2,359,602,000. 86.50% of the stock is owned by institutional investors.

RTX Stock Performance

The company has a market capitalization of $267.36 billion, a P/E ratio of 40.95, a P/E/G ratio of 2.94 and a beta of 0.44. The company has a current ratio of 1.03, a quick ratio of 0.81 and a debt-to-equity ratio of 0.51. The company’s fifty day moving average is $183.86 and its 200 day moving average is $169.85.

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.