Key Points
- RTX EVP Ramsaran Maharajh sold 13,655 shares for approximately $3.06 million at an average price of $223.92, reducing his direct holdings by 50.88% to 13,184 shares.
- RTX reported better-than-expected quarterly results, with EPS of $1.89 versus the $1.66 consensus and revenue of $24.71 billion, up 14.5% year over year. The company also issued fiscal 2026 EPS guidance of $7.10–$7.25.
- Raytheon won a roughly $22.9 billion, seven-year U.S. Navy Tomahawk missile contract, while analysts maintain a “Moderate Buy” consensus and an average price target of $228.59.
RTX Corporation (NYSE:RTX - Get Free Report) EVP Ramsaran Maharajh sold 13,655 shares of the firm's stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total value of $3,057,627.60. Following the completion of the transaction, the executive vice president directly owned 13,184 shares in the company, valued at $2,952,161.28. This trade represents a 50.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
RTX Price Performance
Shares of NYSE RTX opened at $220.48 on Thursday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78. RTX Corporation has a 1-year low of $150.61 and a 1-year high of $226.88. The company has a market capitalization of $297.16 billion, a price-to-earnings ratio of 38.82, a PEG ratio of 2.68 and a beta of 0.29. The business has a 50-day moving average of $202.63 and a 200-day moving average of $195.34.
RTX (NYSE:RTX - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, topping analysts' consensus estimates of $1.66 by $0.23. The firm had revenue of $24.71 billion during the quarter, compared to analysts' expectations of $22.89 billion. RTX had a return on equity of 13.99% and a net margin of 8.28%.RTX's quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. On average, equities analysts anticipate that RTX Corporation will post 7.22 EPS for the current fiscal year.
RTX Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be issued a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, August 14th. RTX's payout ratio is 51.41%.
Analysts Set New Price Targets
Several analysts have weighed in on the stock. Robert W. Baird set a $240.00 target price on shares of RTX in a research note on Friday, July 24th. TD Cowen lifted their price target on shares of RTX from $225.00 to $240.00 and gave the company a "buy" rating in a report on Monday, July 27th. Royal Bank Of Canada boosted their price objective on shares of RTX from $230.00 to $250.00 and gave the company an "outperform" rating in a research report on Friday, July 24th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $238.00 price objective on shares of RTX in a research note on Monday, July 27th. Finally, Sanford C. Bernstein lifted their target price on RTX from $213.00 to $232.00 and gave the company a "market perform" rating in a research note on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $228.59.
Get Our Latest Research Report on RTX
Key RTX News
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Raytheon, RTX’s defense unit, won a roughly $22.9 billion U.S. Navy Tomahawk missile contract spanning seven years. The agreement is expected to increase production to more than 1,000 missiles annually, providing substantial long-term revenue visibility and supporting RTX’s defense backlog. RTX Stock Gets a Radar Lock on a $23B Navy Win
- Positive Sentiment: The contract follows RTX’s better-than-expected second-quarter results: adjusted EPS was $1.89 versus the $1.66 consensus estimate, while revenue rose 14.5% year over year to $24.71 billion. Management’s fiscal 2026 EPS outlook of $7.10–$7.25 and continued dividend growth reinforce the company’s favorable operating momentum. RTX Stock Gets a Radar Lock on a $23B Navy Win
- Neutral Sentiment: Industry research projects growth in the commercial aircraft inflight entertainment and connectivity market, including opportunities in Asia-Pacific fleet expansion and aircraft retrofits. RTX is listed among the key participants, but the report does not announce a specific contract or material financial impact for the company. Commercial Aircraft Inflight Entertainment and Connectivity Systems Market Report
- Negative Sentiment: RTX Executive Vice President Ramsaran Maharajh sold 13,655 shares for approximately $3.06 million, reducing his holdings by 50.88%. Although executive sales do not necessarily signal deteriorating fundamentals, the transaction can weigh on sentiment when the stock is near its recent high. Ramsaran Maharajh Insider Trading
- Negative Sentiment: Recent commentary notes that RTX shares have outperformed significantly and trade at a demanding valuation—approximately 39 times earnings—leaving less room for disappointment. Some investors may therefore be locking in gains or favoring other industrial and defense opportunities.
- Neutral Sentiment: Articles about modified GeForce RTX 3080 and RTX 50-series graphics cards concern NVIDIA hardware, not RTX Corporation, and should not affect RTX stock.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of RTX by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company's stock worth $22,922,464,000 after buying an additional 2,210,950 shares during the period. BlackRock Inc. bought a new stake in RTX during the 2nd quarter valued at $20,970,571,000. State Street Corp boosted its position in RTX by 0.7% during the 4th quarter. State Street Corp now owns 91,884,588 shares of the company's stock worth $16,851,633,000 after acquiring an additional 630,558 shares during the period. Morgan Stanley boosted its position in RTX by 0.4% during the 4th quarter. Morgan Stanley now owns 29,783,584 shares of the company's stock worth $5,462,310,000 after acquiring an additional 105,069 shares during the period. Finally, Fisher Asset Management LLC grew its stake in shares of RTX by 3.0% in the fourth quarter. Fisher Asset Management LLC now owns 21,800,188 shares of the company's stock worth $3,998,155,000 after purchasing an additional 625,994 shares in the last quarter. Institutional investors own 86.50% of the company's stock.
RTX Company Profile
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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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