RTX (NYSE:RTX) Price Target Cut to $220.00 by Analysts at Morgan Stanley

RTX (NYSE:RTX) had its target price reduced by equities research analysts at Morgan Stanley from $235.00 to $220.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Morgan Stanley’s price objective suggests a potential upside of 21.90% from the stock’s previous close.

Other equities analysts also recently issued research reports about the stock. Robert W. Baird set a $225.00 price target on shares of RTX in a report on Wednesday, January 28th. Wall Street Zen upgraded shares of RTX from a “buy” rating to a “strong-buy” rating in a report on Saturday. Wells Fargo & Company started coverage on shares of RTX in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $200.00 price target on the stock. Sanford C. Bernstein reiterated a “market perform” rating and issued a $204.00 price target on shares of RTX in a report on Thursday, January 29th. Finally, Wolfe Research reiterated an “outperform” rating on shares of RTX in a report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $202.78.

RTX Stock Performance

NYSE:RTX traded down $6.69 during midday trading on Wednesday, hitting $180.48. The company’s stock had a trading volume of 3,283,933 shares, compared to its average volume of 5,850,618. RTX has a fifty-two week low of $117.28 and a fifty-two week high of $214.50. The firm’s 50 day moving average is $200.22 and its 200-day moving average is $187.74. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.03 and a quick ratio of 0.80. The firm has a market cap of $242.92 billion, a P/E ratio of 36.37, a P/E/G ratio of 2.83 and a beta of 0.43.

RTX (NYSE:RTX) last issued its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.26. RTX had a net margin of 7.60% and a return on equity of 13.08%. The company had revenue of $22.08 billion for the quarter, compared to the consensus estimate of $21.38 billion. During the same quarter in the prior year, the company earned $1.47 EPS. RTX’s quarterly revenue was up 8.7% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Equities analysts anticipate that RTX will post 6.8 earnings per share for the current fiscal year.

Insider Buying and Selling at RTX

In other news, VP Kevin G. Dasilva sold 8,136 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $201.30, for a total transaction of $1,637,776.80. Following the sale, the vice president owned 27,102 shares of the company’s stock, valued at $5,455,632.60. This trade represents a 23.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Dantaya M. Williams sold 12,713 shares of the firm’s stock in a transaction that occurred 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 sale, the executive vice president directly owned 16,749 shares in the company, valued at $3,397,199.67. The trade was a 43.15% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 89,255 shares of company stock worth $18,151,956. 0.10% of the stock is currently owned by insiders.

Institutional Investors Weigh In On RTX

A number of institutional investors have recently added to or reduced their stakes in RTX. Brighton Jones LLC grew its stake in RTX by 24.3% in the 4th quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock valued at $1,969,000 after acquiring an additional 3,332 shares during the period. Revolve Wealth Partners LLC grew its stake in RTX by 3.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock valued at $564,000 after acquiring an additional 159 shares during the period. United Bank grew its stake in RTX by 68.0% in the 2nd quarter. United Bank now owns 10,202 shares of the company’s stock valued at $1,490,000 after acquiring an additional 4,131 shares during the period. Schnieders Capital Management LLC. grew its stake in RTX by 3.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock valued at $3,052,000 after acquiring an additional 623 shares during the period. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in RTX in the 2nd quarter valued at $5,157,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Q1 beat on both sales and profit: RTX reported $22.08B in revenue and $1.78 adjusted EPS, above consensus — evidence of broad-based strength across defense and commercial aerospace. Q1 Earnings Call Highlights
• Positive Sentiment: Company raised FY‑2026 outlook (adjusted EPS guidance and higher sales range), signaling management confidence in demand and cash flow generation. That underpins longer‑term earnings visibility. Guidance Raise Article
• Positive Sentiment: Continuing contract wins, deliveries and backlog support: recent Navy contract modification and international NGJ deliveries, plus potential Germany combat-systems deal, reinforce backlog and defense tailwinds. Germany Combat Systems Deal
• Neutral Sentiment: Operational capacity investments announced (Pratt & Whitney: Poland $100M, U.S. MRO expansions, new Morocco facility) expand long‑term production and aftermarket capability but are multi‑year positives. Pratt & Whitney Poland Investment
• Neutral Sentiment: Management flagged ongoing supply‑chain and tariff challenges on the call — these are being managed but add execution risk and could pressure margins/timing on some programs. Earnings Call Highlights
• Negative Sentiment: Guidance vs. Street: the midpoint of full‑year revenue and the EPS range came in slightly below some analyst expectations (revenue midpoint modestly under consensus; EPS range marginally below consensus), which prompted profit‑taking and a negative market reaction. Down After Raising Guidance
• Negative Sentiment: Geopolitical and tariff headlines (including commentary tied to regional conflicts) elevated near‑term uncertainty — investors appear to be favoring the certainty of small guidance shortfalls over longer‑term tailwinds today. Why It Raised Guidance Amid Iran War

RTX Company Profile

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.