what is raytheon stock: RTX overview

Raytheon Technologies stock (RTX)

what is raytheon stock — this article explains that Raytheon Technologies stock refers to the publicly traded common equity of Raytheon Technologies Corporation, listed on the New York Stock Exchange under the ticker RTX. Raytheon Technologies is a major aerospace and defense company focused on aircraft engines, avionics, defense systems and related services.

In the sections that follow you will find a clear company background, identifiers and trading details, how the shares are structured, an overview of market data and historical performance, key financial and operating metrics, dividend policy, major corporate actions, ownership structure, analyst coverage, principal risks and growth drivers, trading characteristics, and practical steps to acquire RTX shares — with guidance to consult primary filings for the latest figures.

Note: this guide is informational and neutral. It does not constitute investment advice. For official figures and filings consult the company’s investor relations and SEC documents.

Company background

Raytheon Technologies Corporation formed in 2020 through the combination of the aerospace business of United Technologies Corporation (UTC) and Raytheon Company. The merged company brought together UTC’s commercial aerospace capabilities — including Pratt & Whitney engines and Collins Aerospace systems — with Raytheon’s defense-focused technologies in sensing, missile systems and intelligence.

Principal business segments typically described by the company are:

• Pratt & Whitney: commercial and military aircraft engines and aftermarket services.
• Collins Aerospace: avionics, aircraft components and systems integration.
• Raytheon Intelligence & Space: sensors, avionics, and intelligence systems for defense and intelligence customers.
• Raytheon Missiles & Defense: air and missile defense systems, guided weapons and related services.

Headquarters and leadership overview:

• Headquarters: United States (primary corporate offices maintained following the merger).
• Executive leadership: the company’s CEO and board of directors oversee strategy across commercial aerospace and defense businesses. Executive names and board composition change over time; consult the company’s investor relations page for the current roster.

Why the merger matters for investors: combining large commercial aerospace franchises with high-margin defense systems created a diversified industrial profile, with revenue exposure to both commercial cycle sensitivities and government defense spending.

Ticker, listings and identifiers

• Primary ticker symbol: RTX
• Primary exchange: New York Stock Exchange (NYSE)
• Typical trading hours: Regular NYSE hours (09:30–16:00 ET). Extended pre- and post-market trading may be available through brokers.
• Common investor identifiers: ISIN and CUSIP numbers are used in brokerage and custody systems; consult the company’s registry or broker for the exact ISIN/CUSIP for RTX common shares.

what is raytheon stock in practical terms: owning RTX common shares gives investors exposure to Raytheon Technologies’ consolidated business results and entitles shareholders to voting rights and dividends where declared.

Share classes and corporate structure

Raytheon Technologies issues common stock (NYSE: RTX). There are no widely traded multiple common share classes in normal public float (e.g., no dual-class voting shares commonly used by some companies). The company reports shares outstanding and basic/diluted share counts each quarter in SEC filings.

Key investor considerations about share structure:

• Shares outstanding and diluted share counts affect per-share metrics (EPS, free cash flow per share).
• Treasury shares, share repurchase programs and any outstanding restricted stock will be detailed in quarterly and annual reports.
• The company’s corporate structure groups the business into operating segments used for reporting revenue and operating profit.

Market data and price history

what is raytheon stock performance? RTX has historically been an actively traded large-cap industrial stock with multi-year price trajectories shaped by commercial aviation cycles, defense contract announcements, macroeconomic conditions, interest rates and corporate earnings.

Sources for live quotes and historical charts: major financial data providers and brokerage platforms provide real-time quotes, historical price charts (daily, weekly, monthly), and technical indicators. For authoritative closing prices and corporate actions, consult official exchange data and company filings.

Recent performance and notable moves

• As of January 16, 2026, according to Reuters reporting, Raytheon Technologies experienced price movements linked to quarterly earnings releases and several large contract awards disclosed during the past 12 months. Specific rallies or declines were often tied to: earnings beats/misses versus consensus, new long-term defense contracts, and updates to commercial aerospace order trends.

• Earnings releases, contract announcements, and guidance updates are frequent catalysts for same-day price volatility in RTX shares. For example, major contract wins in missile defense or long-term engine service agreements tend to coincide with upward moves; slower commercial aerospace recovery signals can pressure the stock.

(Readers should consult intraday charts and the company’s press releases for precise dates and price reactions.)

Market capitalization and valuation metrics

Market capitalization (market cap) is the aggregate market value of a company’s outstanding shares and is calculated as share price multiplied by shares outstanding. Market cap is a primary shorthand for company size and is used to classify firms as large-cap, mid-cap, etc.

Valuation ratios commonly used to evaluate RTX include:

• Price-to-Earnings (P/E) ratio — compares share price to earnings per share.
• Price-to-Sales (P/S) ratio — useful for companies with varying margins.
• Enterprise Value / EBITDA (EV/EBITDA) — compares total company value (equity plus debt minus cash) to operating earnings.

Investors compare RTX to sector peers on these metrics to assess relative valuation. Peers commonly used for comparison include other defense primes and aerospace suppliers (see Related tickers and comparable companies below).

As of January 15, 2026, market commentators reported RTX’s market cap near the large-cap range consistent for global aerospace & defense leaders; check live market data for exact current capitalization and trailing valuation multiples.

Financials and operating metrics

Key financial statements and metrics investors monitor for RTX include:

• Revenue (consolidated and by segment). Commercial aerospace revenue will track air travel demand; defense segment revenue often correlates with government contract awards and budgets.
• Net income and earnings per share (EPS).
• EBITDA and adjusted EBITDA — often used to compare operating performance across cycles.
• Operating margins and segment margins — reflect profitability differences between high-margin defense systems and cyclical commercial aerospace.
• Free cash flow (FCF) — important for dividend sustainability and buybacks.
• Backlog and book-to-bill ratios — particularly important in aerospace manufacturing and engine services.

Financial reporting cadence and detail: the company files quarterly (Form 10-Q) and annual reports (Form 10-K) with the SEC that include consolidated financial statements, segment reporting, capital expenditure plans, debt levels, and liquidity information.

Earnings and guidance

Raytheon Technologies reports quarterly earnings and typically offers management commentary on segment performance and outlook. Analysts publish consensus estimates ahead of each quarter; actual reported results and management guidance updates can materially impact the share price.

Earnings-related items to watch:

• Beats or misses vs. consensus EPS and revenue estimates.
• Management guidance for revenue, margins, and cash flow.
• Order and backlog announcements in defense and commercial aftermarket.

As of recent quarters, markets have frequently reacted to the company’s guidance on engine services demand and defense contract timing.

Dividends and shareholder returns

what is raytheon stock’s dividend profile? RTX has historically paid a regular cash dividend to common shareholders and used share repurchase programs as part of capital allocation.

Key dividend features to check:

• Dividend yield (annual dividends divided by share price).
• Dividend payout frequency (commonly quarterly for large U.S. industrials).
• Dividend sustainability as measured by free cash flow and payout ratio.
• Share repurchase authorizations announced by the board, which reduce shares outstanding and can support EPS.

Investors should consult the latest investor relations materials and recent 10-Q/10-K filings for the most current announced dividend per share, yield, and repurchase program details.

Corporate actions and history affecting shareholders

Major corporate events relevant to RTX investors include the 2020 merger that created Raytheon Technologies from United Technologies and Raytheon. Other corporate actions that can affect shareholder value include:

• Large acquisitions or divestitures and the accounting/timing of integration costs.
• Share repurchase programs and any changes to repurchase authorization.
• Stock splits or reverse splits (historically uncommon for this company in recent years).
• Spin-offs or reorganizations (any significant structural change will be disclosed in filings).

The 2020 merger remains the defining corporate action that shaped the company’s current operating model and investor profile.

Major holders and ownership

Institutional ownership: large-cap industrials like Raytheon Technologies typically have a high percentage of shares held by institutional investors (mutual funds, pension funds, asset managers). Institutional holders can include major asset managers and index funds.

Insider ownership: executive officers and board members hold varying, generally smaller percentages of total shares outstanding. Insider transactions (buys/sells) are reported in SEC filings (Form 4) and can be monitored for changes.

ETF and index exposure: RTX often appears in major equity indices and sector ETFs, which contributes to liquidity and passive flows.

Institutional ownership and concentrated holdings can influence liquidity and governance, but daily trading liquidity is usually robust given RTX’s large-cap status.

Analyst coverage and price targets

what is raytheon stock coverage like? RTX typically receives broad sell-side analyst coverage from major brokerage research teams and independent equity research firms. Coverage includes:

• Consensus ratings (Buy / Hold / Sell mix) and median or mean price targets.
• Updated earnings and revenue models around quarterly results.
• Thematic reports covering defense budgets, commercial aviation recovery, and supply-chain influences.

Analyst reports are inputs to investor decision-making but should be viewed alongside company filings and independent analysis. Differences in price targets reflect divergent assumptions about defense procurement levels, commercial aerospace recovery and margin improvement timelines.

Risks and investment considerations

Key risks for investors in RTX include:

• Defense budget dependence: a meaningful portion of revenue comes from government defense spending; changes in procurement plans or budgets can affect future revenue.
• Geopolitical and regulatory constraints: while this guide avoids political commentary, firms in the defense sector operate under export controls, compliance requirements and contractual oversight.
• Supply-chain constraints: aerospace manufacturing depends on complex global supply chains; disruptions can delay deliveries and increase costs.
• Cyclical commercial aerospace exposure: commercial engine sales and aftermarket services ebb with air travel demand and airline fleet decisions.
• Contract timing and program execution risk: large multi-year programs carry schedule and cost risks that can affect margins.
• Litigation, compliance and regulatory risks: contractual disputes, warranty claims and regulatory reviews are potential contingencies.

Investors should evaluate these risks in light of their investment horizon and consult primary filings for management’s risk disclosures.

Catalysts and growth drivers

Potential upside drivers for RTX include:

• Higher government defense spending or new large contract awards for missile defense, radar, or intelligence systems.
• Continued recovery in commercial air travel increasing demand for aircraft engines and aftermarket services.
• Technology development and successful deployment of new engine or avionics platforms that gain market share.
• Operational improvements that expand margins and increase free cash flow, enabling more dividends or repurchases.

Materialization of these catalysts is often documented in contract announcements, quarterly results and management guidance.

Trading characteristics and liquidity

Trading volume and volatility: RTX is generally a liquid large-cap stock with substantial average daily volume, supporting ease of execution for both retail and institutional investors. Option markets are typically available for hedging or income strategies.

Retail vs. institutional activity: institutional investors often dominate volume in large-cap industrials, but retail participation can increase around earnings and news events.

Use of derivatives: options and other derivatives are employed by traders and institutional desks for hedging, income generation or directional exposure. Retail investors should understand risks associated with leveraged or short derivative positions.

How to buy/sell RTX stock

what is raytheon stock and how can you acquire it? To buy or sell RTX shares you generally need a brokerage account. Practical steps:

1. Open or use an existing brokerage account that supports U.S.-listed equities. For users seeking integrated solutions, Bitget provides access to equities trading products and custody services (check availability for your jurisdiction and the specific RTX listing before trading).
2. Search for the ticker symbol RTX (NYSE) and review real-time quotes, historical charts, and company disclosures.
3. Choose order type (market order for immediate execution during regular hours, limit order to specify price, or conditional orders supported by your broker).
4. For partial exposure or limited capital, fractional shares (if offered by your broker) allow smaller investments into RTX.
5. International investors: ensure your broker supports trading U.S.-listed equities and consider currency conversion, tax withholding and local regulatory considerations.

Alternatives to direct stock ownership:

• ETFs or mutual funds that include RTX as a holding provide diversified sector exposure.
• Equity derivatives provide leveraged or hedged exposure but carry additional risks.

Reminder: trading access and specific product availability vary by jurisdiction; consult Bitget or your brokerage for supported services.

Regulatory and sector context

Defense and aerospace companies operate within a regulated environment that includes export controls, government contracting rules and compliance obligations. Sector performance is influenced by macro trends such as commercial aviation demand cycles, government procurement priorities and technological innovation in avionics, propulsion and defense systems.

Companies in this sector must manage compliance, supplier relationships and program execution to deliver on multi-year contracts.

Related tickers and comparable companies

Common peers and comparables used by analysts for RTX comparison:

• Lockheed Martin — large defense prime focused on aircraft, missiles and systems.
• Northrop Grumman — diversified defense contractor with aerospace, C4ISR and missile systems.
• General Dynamics — defense and aerospace systems, shipbuilding and technologies.
• Boeing — commercial aircraft manufacturer and defense contractor; significant commercial aerospace exposure.
• GE Aerospace — engine and aerospace systems competitor (relevant for engine market comparisons).

Comparisons are based on revenue mix (defense vs commercial), margin profiles, backlog and valuation metrics.

See also

• Raytheon Technologies (company) — corporate overview and investor relations
• Aerospace and defense industry — market structure and procurement cycles
• Defense contracting basics — procurement, contracting and program execution
• Stock market basics — how equities trade on exchanges
• NYSE — market structure and trading hours

References and data sources

Primary sources to consult for authoritative and up-to-date information on RTX include:

• Raytheon Technologies investor relations and SEC filings (Form 10-Q, Form 10-K, proxy statements).
• Major financial news providers and reporting agencies (e.g., Reuters, Barron’s, Forbes, The Motley Fool, MarketBeat) for market commentary and analyst summaries.
• Exchange data providers for live prices and historical charts.

As a timeliness note: As of January 16, 2026, according to Reuters reporting, market commentary around RTX focused on quarterly earnings and large contract announcements. Always cross-check reported market-cap and trading-volume figures with exchange data and company filings for verification.

Sources referenced in this article include company filings and reporting from established financial news organizations; readers should consult the listed primary sources for the latest figures and formal disclosures.

Notes on scope and currency

Financial figures, market capitalization, daily trading volume and analyst price targets change frequently. Always confirm current statistics and official disclosures from Raytheon Technologies’ latest SEC filings and investor relations releases.

Further exploration and next steps

If you want to track RTX closely, consider the following practical actions:

• Set alerts for RTX earnings releases and major contract announcements via your brokerage or financial news apps.
• Review the company’s most recent Form 10-K and Form 10-Q for segment-level revenue and risk disclosures.
• For trading or custody needs, explore Bitget’s equities trading and custody offerings to check supported markets and services in your jurisdiction.

Explore more: discover RTX coverage and equity trading options on Bitget to view live quotes, charts and company filings (verify service availability and local regulations before trading).