RTX (NYSE:RTX) Reaches New 12-Month High – Here’s What Happened
by Tristan Rich · The Markets DailyRTX Corporation (NYSE:RTX – Get Free Report) shares hit a new 52-week high on Tuesday . The stock traded as high as $203.03 and last traded at $201.3050, with a volume of 503190 shares. The stock had previously closed at $201.92.
Key Stories Impacting RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Collins Aerospace (an RTX unit) signed three‑year parts distribution agreements to support C‑130 wheels and brakes, boosting recurring aftermarket revenue and logistics reach — a concrete commercial win for aerospace aftermarket services. Read More.
- Positive Sentiment: Analysts highlight rising defense budgets and fresh contract wins that could underpin growth for RTX versus peers (e.g., General Dynamics), reinforcing sector demand expectations that support upside potential for RTX’s defense franchises. Read More.
- Neutral Sentiment: Wall Street Q4 estimates and metric previews are circulating; investors are positioning ahead of earnings (expectations for revenue growth but close watch on margins and segment trends). These previews increase near‑term volatility but don’t change fundamentals yet. Read More.
- Neutral Sentiment: RTX has been among the most‑searched tickers lately, reflecting heightened retail/institutional interest that can amplify intraday swings unrelated to company fundamentals. Read More.
- Neutral Sentiment: Coverage pieces debating whether RTX is the top S&P 500 defense pick add narrative momentum but are opinion‑driven; useful for sentiment but not immediate fundamentals. Read More.
- Neutral Sentiment: Several tech headlines mention “RTX” GPUs (NVIDIA product shortages, scalping, scams). These relate to NVIDIA’s GeForce brand and are unrelated to RTX Corporation, but they may increase ticker confusion and search/volume noise. Read More.
- Negative Sentiment: Analysts and previews flag tariff pressures and margin risk ahead of Q4; trade/tariff impacts could compress margins if cost headwinds persist, a key nearer‑term risk driving cautious positioning. Read More.
Analyst Ratings Changes
Several research firms have recently weighed in on RTX. Citigroup lifted their target price on shares of RTX from $211.00 to $227.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. UBS Group cut shares of RTX from a “buy” rating to a “neutral” rating and lowered their target price for the company from $202.00 to $199.00 in a report on Monday, January 5th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $190.00 price target on shares of RTX in a report on Tuesday, November 25th. JPMorgan Chase & Co. increased their price objective on RTX from $195.00 to $200.00 and gave the stock an “overweight” rating in a report on Friday, December 19th. Finally, BNP Paribas Exane began coverage on RTX in a research note on Tuesday, November 18th. They issued an “outperform” rating and a $210.00 target price for the company. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $186.88.
View Our Latest Stock Analysis on RTX
RTX Trading Down 0.6%
The company has a quick ratio of 0.81, a current ratio of 1.07 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $263.21 billion, a P/E ratio of 40.31, a price-to-earnings-growth ratio of 2.87 and a beta of 0.44. The firm’s 50-day simple moving average is $182.03 and its 200-day simple moving average is $168.25.
RTX (NYSE:RTX – Get Free Report) last posted its quarterly earnings data on Tuesday, October 21st. The company reported $1.70 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.29. RTX had a net margin of 7.67% and a return on equity of 13.28%. The firm had revenue of $22.48 billion for the quarter, compared to analysts’ expectations of $21.26 billion. During the same quarter last year, the company posted $1.45 EPS. The business’s quarterly revenue was up 11.9% on a year-over-year basis. Analysts anticipate that RTX Corporation will post 6.11 EPS for the current year.
RTX Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, December 11th. Shareholders of record on Friday, November 21st were paid a dividend of $0.68 per share. The ex-dividend date of this dividend was Friday, November 21st. This represents a $2.72 annualized dividend and a yield of 1.4%. RTX’s payout ratio is 55.85%.
Insider Activity at RTX
In related news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of the firm’s stock in a transaction dated Friday, October 24th. The stock was sold at an average price of $180.15, for a total transaction of $873,547.35. Following the transaction, the executive vice president directly owned 59,556 shares of the company’s stock, valued at approximately $10,729,013.40. This trade represents a 7.53% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.15% of the company’s stock.
Hedge Funds Weigh In On RTX
Institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted 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 valued at $20,543,978,000 after purchasing an additional 700,487 shares in the last quarter. State Street Corp lifted its holdings in RTX by 0.5% in the second quarter. State Street Corp now owns 112,706,833 shares of the company’s stock worth $16,457,452,000 after buying an additional 552,009 shares during the period. Capital Research Global Investors boosted its position in RTX by 1.1% during the 3rd quarter. Capital Research Global Investors now owns 76,197,762 shares of the company’s stock valued at $12,750,087,000 after acquiring an additional 799,155 shares in the last quarter. Fisher Asset Management LLC grew its holdings in shares of RTX by 2.8% during the 3rd quarter. Fisher Asset Management LLC now owns 21,174,194 shares of the company’s stock worth $3,543,078,000 after acquiring an additional 575,004 shares during the period. Finally, Norges Bank bought a new position in shares of RTX in the 2nd quarter worth approximately $2,359,602,000. 86.50% of the stock is currently owned by institutional investors.
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.