RTX (NYSE:RTX) Releases FY 2026 Earnings Guidance
by Teresa Graham · The Cerbat GemRTX (NYSE:RTX – Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 6.600-6.800 for the period, compared to the consensus estimate of 6.820. The company issued revenue guidance of $92.0 billion-$93.0 billion, compared to the consensus revenue estimate of $93.4 billion.
RTX Stock Performance
NYSE:RTX opened at $180.94 on Thursday. The company has a quick ratio of 0.80, a current ratio of 1.02 and a debt-to-equity ratio of 0.48. RTX has a fifty-two week low of $117.28 and a fifty-two week high of $214.50. The stock has a market cap of $243.54 billion, a PE ratio of 33.95, a price-to-earnings-growth ratio of 2.71 and a beta of 0.43. The firm’s fifty day simple moving average is $199.91 and its 200-day simple moving average is $187.69.
RTX (NYSE:RTX – Get Free Report) last posted its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, topping analysts’ consensus estimates of $1.52 by $0.26. The business had revenue of $22.08 billion for the quarter, compared to analysts’ expectations of $21.38 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 8.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Analysts expect that RTX will post 6.8 earnings per share for the current fiscal year.
RTX Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Friday, February 20th were paid a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Friday, February 20th. RTX’s dividend payout ratio is presently 51.03%.
Analyst Upgrades and Downgrades
A number of brokerages recently commented on RTX. Citigroup lowered their price objective on shares of RTX from $238.00 to $226.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. TD Cowen reissued a “buy” rating on shares of RTX in a research note on Tuesday, January 27th. JPMorgan Chase & Co. increased their price objective on shares of RTX from $200.00 to $215.00 and gave the company an “overweight” rating in a research note on Wednesday, January 28th. Morgan Stanley lowered their price objective on shares of RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a research note on Wednesday. Finally, Jefferies Financial Group lowered their price objective on shares of RTX from $225.00 to $210.00 and set a “hold” rating on the stock in a research note on Monday, April 13th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $202.28.
Insider Buying and Selling
In other RTX news, insider Shane G. Eddy sold 17,527 shares of the company’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $199.16, for a total value of $3,490,677.32. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Dantaya M. Williams sold 12,713 shares of the company’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $202.83, for a total transaction of $2,578,577.79. Following the completion of the transaction, the executive vice president owned 16,749 shares in the company, valued at approximately $3,397,199.67. This trade represents a 43.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 89,255 shares of company stock worth $18,151,956 in the last 90 days. 0.10% of the stock is currently owned by corporate insiders.
More RTX News
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Q1 beat and higher FY guidance: RTX delivered an earnings and revenue beat and raised 2026 guidance (EPS raised modestly; sales outlook lifted), driven by defense and aftermarket strength — a fundamental positive for cash flow and backlog execution. RTX tops estimates, raises outlook as defense demand powers growth
- Positive Sentiment: Backlog and defense demand remain strong: Management cited robust munitions and defense demand (post‑Ukraine budgets), supporting multi‑year backlog that underpins revenues and dividends. RTX Stock Pops as Earnings Beat. Why It Raised Guidance.
- Positive Sentiment: Capex and capacity investments: Pratt & Whitney announced major investments (Poland $100M, U.S. MRO >$100M, new Morocco site) to expand engine production and MRO capacity — supports commercial aftermarket growth and production agility. Pratt & Whitney invests $100M in Poland
- Neutral Sentiment: Sell‑side still broadly constructive: Several analysts reiterate buy/overweight views citing long runway and cash generation, suggesting medium‑term upside even as near‑term volatility persists. Sell‑Side Support Lifts RTX in 2026
- Negative Sentiment: Market reaction to guidance vs. expectations: Despite the beat, the midpoint of RTX’s revenue/EPS guidance came in slightly below some analysts’ models, prompting profit‑taking and a sell‑off. RTX ‘Strong Growth’ Across Portfolio, Raytheon Upside Seen as Catalyst, RBC Says
- Negative Sentiment: Commercial aerospace and tariff concerns: Bank of America and other notes flagged lingering risks in the commercial aviation recovery (demand/tariffs/supply chain), which weighed on sentiment despite defense strength. Q1 strength overshadowed by commercial aero concerns, BofA says
- Negative Sentiment: Analyst price‑target trims and neutral ratings: UBS cut its target and moved to neutral (and others trimmed targets modestly), which amplified selling pressure even as some firms stayed overweight. Benzinga: UBS lowers RTX PT to $199, neutral
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the stock. United Bank lifted its holdings in shares of RTX by 68.0% during the 2nd quarter. United Bank now owns 10,202 shares of the company’s stock worth $1,490,000 after acquiring an additional 4,131 shares during the period. Brighton Jones LLC lifted its holdings in shares of RTX by 24.3% during the 4th quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock worth $1,969,000 after acquiring an additional 3,332 shares during the period. Schnieders Capital Management LLC. lifted its holdings in shares of RTX by 3.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock worth $3,052,000 after acquiring an additional 623 shares during the period. Revolve Wealth Partners LLC lifted its holdings in shares of RTX by 3.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock worth $564,000 after acquiring an additional 159 shares during the period. Finally, State of Wyoming purchased a new position in shares of RTX during the 4th quarter worth about $217,000. 86.50% of the stock is currently owned by hedge funds and other 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.