RTX (NYSE:RTX) Stock Price Down 2.6% – Time to Sell?

Shares of RTX Corporation (NYSE:RTX) were down 2.6% on Friday . The company traded as low as $170.78 and last traded at $171.1060. Approximately 6,725,489 shares changed hands during trading, an increase of 13% from the average daily volume of 5,963,439 shares. The stock had previously closed at $175.68.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX’s massive $271 billion backlog and diversified aerospace-and-defense portfolio are supporting long-term revenue visibility and order strength. Can RTX’s Massive Backlog Support Long-Term Revenue Growth?
• Positive Sentiment: RTX will get another visibility boost when Chairman and CEO Chris Calio presents at the Bernstein Strategic Decisions Conference later this month, which could help keep investor focus on execution and strategy. RTX Chairman and CEO to present at the 2026 Bernstein Strategic Decisions Conference
• Positive Sentiment: RTX remains heavily searched by investors, signaling elevated market interest ahead of upcoming catalysts and analyst commentary. Investors Heavily Search RTX Corporation (RTX): Here is What You Need to Know
• Neutral Sentiment: Analysts are sending mixed signals: at least one price target was raised to $240, but the broader debate still centers on valuation and execution risk. How The RTX (RTX) Investment Narrative Is Shifting With New Targets And Execution Questions
• Neutral Sentiment: The CEO’s conference appearance is a routine investor-relations event rather than a direct operational update, so it may have limited near-term stock impact. RTX Chairman and CEO to present at the 2026 Bernstein Strategic Decisions Conference
• Negative Sentiment: Some of the recent analyst commentary highlights execution questions and concerns that RTX’s current valuation may already reflect much of the upside, which can pressure sentiment. How The RTX (RTX) Investment Narrative Is Shifting With New Targets And Execution Questions

Analyst Ratings Changes

A number of research analysts recently weighed in on RTX shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of RTX in a research report on Friday, April 10th. Sanford C. Bernstein restated a “market perform” rating and issued a $204.00 price target on shares of RTX in a research note on Thursday, January 29th. Wells Fargo & Company began coverage on RTX in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 price target for the company. DZ Bank cut RTX from a “hold” rating to a “strong sell” rating in a research note on Friday, February 6th. Finally, Melius Research upgraded RTX from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, RTX currently has an average rating of “Moderate Buy” and a consensus target price of $210.75.

RTX Stock Down 2.6%

The company has a debt-to-equity ratio of 0.48, a current ratio of 1.02 and a quick ratio of 0.78. The stock has a market cap of $230.43 billion, a PE ratio of 32.10, a PEG ratio of 2.43 and a beta of 0.31. The company has a 50 day moving average price of $191.79 and a two-hundred day moving average price of $188.74.

RTX (NYSE:RTX) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, topping the consensus estimate of $1.52 by $0.26. RTX had a return on equity of 13.50% and a net margin of 8.03%.The company had revenue of $22.08 billion during the quarter, compared to analyst estimates of $21.38 billion. During the same quarter in the previous year, the company posted $1.47 earnings per share. RTX’s revenue was up 8.7% compared to the same quarter last year. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Analysts expect that RTX Corporation will post 6.91 EPS for the current year.

RTX Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 22nd will be issued a $0.73 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This is an increase from RTX’s previous quarterly dividend of $0.68. This represents a $2.92 annualized dividend and a dividend yield of 1.7%. RTX’s dividend payout ratio is presently 51.03%.

Insider Buying and Selling

In related news, EVP Dantaya M. Williams sold 12,713 shares of RTX stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $202.83, for a total transaction of $2,578,577.79. Following the transaction, the executive vice president directly owned 16,749 shares in the company, valued at approximately $3,397,199.67. The trade was a 43.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Ramsaran Maharajh sold 15,124 shares of RTX stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $204.65, for a total value of $3,095,126.60. Following the transaction, the executive vice president owned 13,184 shares in the company, valued at $2,698,105.60. This trade represents a 53.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 63,592 shares of company stock valued at $13,023,502 over the last 90 days. Company insiders own 0.10% of the company’s stock.

Hedge Funds Weigh In On RTX

Several institutional investors and hedge funds have recently bought and sold shares of RTX. BNP Paribas purchased a new stake in shares of RTX in the third quarter worth $25,000. Navalign LLC purchased a new stake in shares of RTX in the fourth quarter worth $25,000. Commonwealth Retirement Investments LLC purchased a new stake in shares of RTX in the fourth quarter worth $26,000. Valley Wealth Managers Inc. purchased a new stake in shares of RTX in the third quarter worth $30,000. Finally, Core Wealth Advisors LLC purchased a new stake in shares of RTX in the fourth quarter worth $31,000. 86.50% of the stock is currently owned by hedge funds and other 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.