RTX (NYSE:RTX) Updates FY 2026 Earnings Guidance

RTX (NYSE:RTXGet Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 7.100-7.250 for the period, compared to the consensus estimate of 6.910. The company issued revenue guidance of $95.0 billion-$96.0 billion, compared to the consensus revenue estimate of $94.0 billion.

RTX Stock Performance

NYSE RTX opened at $208.97 on Friday. RTX has a fifty-two week low of $150.61 and a fifty-two week high of $214.50. The stock has a market cap 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 business has a fifty day moving average of $186.24 and a 200-day moving average of $192.04. The company has a quick ratio of 0.78, a current ratio of 1.02 and a debt-to-equity ratio of 0.48.

RTX (NYSE:RTXGet Free Report) last announced its earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.23. RTX had a net margin of 8.03% and a return on equity of 13.50%. The firm had revenue of $24.71 billion during the quarter, compared to the consensus estimate of $22.89 billion. During the same quarter in the previous year, the company posted $1.56 EPS. The firm’s revenue for the quarter was up 14.5% on a year-over-year basis. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, analysts predict that RTX will post 6.92 earnings per share for the current fiscal year.

RTX Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Friday, August 14th will be paid a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. RTX’s payout ratio is presently 54.78%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on RTX. 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 report on Wednesday, April 22nd. Morgan Stanley decreased their price target on RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. Wall Street Zen lowered shares of RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. Citigroup reaffirmed a “buy” rating on shares of RTX in a research report on Wednesday, June 17th. Finally, Wells Fargo & Company boosted their price objective on shares of RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $213.25.

View Our Latest Analysis on RTX

RTX News Roundup

Here are the key news stories impacting RTX this week:

  • Positive Sentiment: RTX beat Wall Street expectations for Q2, reporting adjusted EPS of $1.89 versus $1.66 expected and revenue of $24.71 billion versus $22.89 billion expected, helping fuel the stock’s move higher.
  • Positive Sentiment: The company raised 2026 guidance to $95.0 billion-$96.0 billion in sales and $7.10-$7.25 in adjusted EPS, signaling confidence in continued commercial aftermarket and defense demand. RTX Reports Q2 2026 Results
  • Positive Sentiment: Management said backlog reached a record $289 billion, with strong missile orders, aircraft repair demand, and growing international defense spending supporting the longer-term outlook. RTX Again Raises Full-Year Forecast On Robust Demand, Higher Backlog
  • Positive Sentiment: Several reports noted that defense peers Lockheed Martin and RTX were lifted by missile-order strength and broader rearmament trends, reinforcing optimism for the sector. Missile Orders Give RTX, Lockheed Stock a Boost
  • Neutral Sentiment: Commentary also highlighted that while RTX has strong tailwinds, investors may be expecting a lot already after the sharp post-earnings rally, which could limit further upside if execution slips. RTX: Lots Of Tailwinds, But Little Margin For Error
  • Negative Sentiment: Some coverage flagged headwinds tied to the Iran conflict and higher oil prices, which could pressure sentiment even after the strong results. RTX Stock Rises After Strong Earnings but Faces 2 Iran War Headwinds

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Wilkerson Advisory Group LLC acquired a new stake in RTX during the 4th quarter valued at approximately $32,000. Wexford Capital LP acquired a new stake in RTX in the third quarter valued at $33,000. Imprint Wealth LLC bought a new position in RTX during the 3rd quarter valued at $35,000. Triumph Capital Management increased its position in shares of RTX by 3,663.6% in the 4th quarter. Triumph Capital Management now owns 414 shares of the company’s stock worth $76,000 after purchasing an additional 403 shares during the last quarter. Finally, Mcguire Capital Advisors Inc. acquired a new position in RTX in the fourth quarter worth about $87,000. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

RTX Company Profile

(Get Free Report)

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.

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