RTX (NYSE:RTX) Issues FY 2025 Earnings Guidance

RTX (NYSE:RTX - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 6.000-6.150 for the period, compared to the consensus EPS estimate of 6.110. The company issued revenue guidance of $83.0 billion-$84.0 billion, compared to the consensus revenue estimate of $84.2 billion.

RTX Stock Up 2.8 %

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

RTX (NYSE:RTX - Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The company reported $1.47 EPS for the quarter, beating analysts' consensus estimates of $1.35 by $0.12. The company had revenue of $20.31 billion for the quarter, compared to the consensus estimate of $19.80 billion. RTX had a net margin of 5.91% and a return on equity of 12.45%. As a group, equities analysts forecast that RTX will post 6.11 EPS for the current year.

RTX Announces Dividend

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

Analysts Set New Price Targets

RTX has been the topic of several research analyst reports. StockNews.com raised RTX from a "hold" rating to a "buy" rating in a research report on Thursday. Citigroup reduced their price objective on shares of RTX from $153.00 to $148.00 and set a "buy" rating for the company in a research report on Thursday, April 10th. Argus upgraded RTX from a "hold" rating to a "buy" rating in a research note on Tuesday, February 11th. Wells Fargo & Company lifted their target price on shares of RTX from $136.00 to $144.00 and gave the company an "overweight" rating in a report on Tuesday, April 15th. Finally, Bank of America increased their price target on shares of RTX from $145.00 to $155.00 and gave the stock a "buy" rating in a research note on Thursday, January 30th. Three investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, RTX currently has an average rating of "Buy" and an average target price of $161.38.

Insider Transactions at RTX

In other news, insider Troy D. Brunk sold 2,872 shares of the stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $125.95, for a total value of $361,728.40. Following the completion of the transaction, the insider now owns 5,272 shares in the company, valued at $664,008.40. This trade represents a 35.27 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Ramsaran Maharajh sold 19,431 shares of the business's stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $126.82, for a total transaction of $2,464,239.42. Following the sale, the executive vice president now directly owns 29,742 shares in the company, valued at approximately $3,771,880.44. This represents a 39.52 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 79,831 shares of company stock valued at $10,309,302. Corporate insiders own 0.15% of the company's stock.

Hedge Funds Weigh In On RTX

A hedge fund recently raised its stake in RTX stock. Revolve Wealth Partners LLC lifted its position in shares of RTX Co. (NYSE:RTX - Free Report) by 3.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,873 shares of the company's stock after buying 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. Institutional investors and hedge funds own 86.50% of the company's stock.

About RTX

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.