RTX (NYSE:RTX) Shares Gap Up After Strong Earnings

RTX Corporation (NYSE:RTX)’s share price gapped up before the market opened on Thursday following a better than expected earnings announcement. 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, topping analysts’ consensus estimates of $1.66 by $0.23. The business had revenue of $24.71 billion for the quarter, compared to analysts’ expectations of $22.89 billion. RTX had a net margin of 8.03% and a return on equity of 13.50%. The business’s revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS.

RTX Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be issued a $0.73 dividend. 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 payout ratio is currently 54.78%.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX beat Q2 expectations with adjusted EPS of $1.89 on revenue of $24.71 billion, driven by 14% sales growth and stronger commercial aftermarket and defense demand. RTX Reports Q2 2026 Results
• Positive Sentiment: The company lifted 2026 guidance to $95 billion-$96 billion in sales and $7.10-$7.25 in adjusted EPS, suggesting management sees continued momentum ahead. RTX Again Raises Full-Year Forecast on Robust Demand, Higher Backlog
• Positive Sentiment: Backlog hit a record $289 billion, highlighting multiyear demand visibility, especially in defense programs and missile orders. Missile Orders Give RTX, Lockheed Stock a Boost
• Positive Sentiment: Pratt & Whitney’s operational issues appear to be improving, while strong GTF engine orders and commitments support future aerospace growth. RTX’s Pratt & Whitney GTF engines surpass 800 orders and commitments in 2026, year to date
• Neutral Sentiment: Some commentary notes RTX has strong tailwinds, but also limited room for execution missteps given already-high expectations. RTX: Lots Of Tailwinds, But Little Margin For Error

Analyst Ratings Changes

RTX has been the topic of a number of analyst reports. Citigroup reaffirmed a “buy” rating on shares of RTX in a research report on Wednesday, June 17th. Dbs Bank raised RTX from a “hold” rating to a “moderate buy” rating in a report on Wednesday, June 10th. UBS Group lowered their price objective on RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a research note on Wednesday, April 22nd. Morgan Stanley dropped their price objective on RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Finally, Melius Research raised shares of RTX from a “hold” rating to a “buy” rating in a research report on Thursday, April 2nd. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $211.38.

Hedge Funds Weigh In On RTX

Hedge funds have recently bought and sold shares of the company. World Investment Advisors boosted its position in RTX by 8.7% during the fourth quarter. World Investment Advisors now owns 62,448 shares of the company’s stock valued at $11,453,000 after purchasing an additional 5,020 shares during the last quarter. Milestone Asset Management Group LLC increased its position in RTX by 34.7% in the 4th quarter. Milestone Asset Management Group LLC now owns 30,011 shares of the company’s stock worth $5,504,000 after purchasing an additional 7,738 shares during the last quarter. New Age Alpha Advisors LLC purchased a new stake in shares of RTX during the 4th quarter worth about $2,308,000. Truist Financial Corp raised its stake in shares of RTX by 2.3% during the 4th quarter. Truist Financial Corp now owns 2,315,021 shares of the company’s stock worth $424,575,000 after purchasing an additional 53,045 shares in the last quarter. Finally, Wealth Science Advisors LLC acquired a new stake in shares of RTX during the 4th quarter valued at about $1,439,000. 86.50% of the stock is currently owned by institutional investors and hedge funds.

RTX Trading Up 7.2%

The company has a current ratio of 1.02, a quick ratio of 0.78 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $281.42 billion, a price-to-earnings ratio of 39.21, a price-to-earnings-growth ratio of 2.67 and a beta of 0.30. The company has a fifty day moving average price of $186.24 and a 200-day moving average price of $192.04.

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.