RTX (NYSE:RTX) Releases Quarterly Earnings Results, Beats Expectations By $0.12 EPS

RTX (NYSE:RTX - Get Free Report) announced its quarterly earnings data on Tuesday. The company reported $1.47 EPS for the quarter, topping analysts' consensus estimates of $1.35 by $0.12, Zacks reports. RTX had a return on equity of 12.45% and a net margin of 5.91%. The firm had revenue of $20.31 billion for the quarter, compared to the consensus estimate of $19.80 billion. RTX updated its FY 2025 guidance to 6.000-6.150 EPS.

RTX Stock Performance

NYSE:RTX traded up $3.46 during trading hours on Friday, reaching $125.43. 6,204,846 shares of the company's stock were exchanged, compared to its average volume of 5,503,493. The company has a 50-day moving average of $128.28 and a 200 day moving average of $123.73. RTX has a 1-year low of $99.07 and a 1-year high of $136.17. The company has a quick ratio of 0.74, a current ratio of 0.99 and a debt-to-equity ratio of 0.63. The firm has a market capitalization of $167.46 billion, a price-to-earnings ratio of 35.33, a P/E/G ratio of 2.11 and a beta of 0.58.

RTX Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Friday, February 21st were given a dividend of $0.63 per share. The ex-dividend date was Friday, February 21st. This represents a $2.52 dividend on an annualized basis and a dividend yield of 2.01%. RTX's dividend payout ratio (DPR) is presently 73.90%.

Insider Transactions at RTX

In other news, insider Troy D. Brunk sold 2,872 shares of the business's stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $125.95, for a total transaction of $361,728.40. Following the transaction, the insider now directly owns 5,272 shares in the company, valued at $664,008.40. The trade was a 35.27 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Dantaya M. Williams sold 14,031 shares of the business's stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $129.23, for a total value of $1,813,226.13. Following the transaction, the executive vice president now owns 44,415 shares in the company, valued at $5,739,750.45. The trade was a 24.01 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 79,831 shares of company stock worth $10,309,302. Company insiders own 0.15% of the company's stock.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in RTX stock. Revolve Wealth Partners LLC lifted its stake in shares of RTX Co. (NYSE:RTX - Free Report) by 3.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,873 shares of the company's stock after purchasing an additional 159 shares during the quarter. Revolve Wealth Partners LLC's holdings in RTX were worth $564,000 at the end of the most recent quarter. 86.50% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

RTX has been the topic of several research reports. Vertical Research raised RTX to a "strong-buy" rating in a research note on Tuesday, January 28th. Susquehanna cut their price objective on RTX from $147.00 to $140.00 and set a "positive" rating on the stock in a research report on Wednesday. Citigroup decreased their target price on RTX from $153.00 to $148.00 and set a "buy" rating for the company in a report on Thursday, April 10th. Deutsche Bank Aktiengesellschaft raised RTX from a "hold" rating to a "buy" rating and increased their price target for the company from $131.00 to $140.00 in a research report on Thursday, January 2nd. Finally, Morgan Stanley upgraded shares of RTX from an "equal weight" rating to an "overweight" rating and set a $135.00 target price on the stock in a research note on Wednesday. Three equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $161.38.

RTX Company Profile

RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally. It operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations.