RTX (NYSE:RTX) Price Target Lowered to $220.00 at Morgan Stanley

RTX (NYSE:RTX) had its price objective decreased by Morgan Stanley from $235.00 to $220.00 in a research note published on Wednesday,Benzinga reports. Morgan Stanley currently has an overweight rating on the stock.

RTX has been the topic of several other research reports. Weiss Ratings reissued a “buy (b)” rating on shares of RTX in a research note on Friday, April 10th. Robert W. Baird set a $225.00 price target on RTX in a research note on Wednesday, January 28th. Citigroup dropped their price target on RTX from $238.00 to $226.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $240.00 price target on shares of RTX in a research note on Thursday, March 5th. Finally, Jefferies Financial Group dropped their price target on RTX from $225.00 to $210.00 and set a “hold” rating on the stock in a research note on Monday, April 13th. One investment 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $202.28.

RTX Stock Performance

Shares of RTX stock opened at $180.94 on Wednesday. The company has a market capitalization of $243.54 billion, a PE ratio of 33.95, a PEG ratio of 2.71 and a beta of 0.43. RTX has a 12 month low of $117.28 and a 12 month high of $214.50. The company has a current ratio of 1.02, a quick ratio of 0.80 and a debt-to-equity ratio of 0.48. The stock’s fifty day simple moving average is $199.91 and its 200 day simple moving average is $187.69.

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. The business had revenue of $22.08 billion for the quarter, compared to the consensus estimate of $21.38 billion. RTX had a return on equity of 13.50% and a net margin of 8.03%.The firm’s revenue was up 8.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, research analysts predict that RTX will post 6.8 EPS for the current year.

RTX Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, February 20th were issued a $0.68 dividend. The ex-dividend date was Friday, February 20th. This represents a $2.72 annualized dividend and a dividend yield of 1.5%. RTX’s dividend payout ratio (DPR) is presently 54.84%.

Insider Buying and Selling

In other news, insider Shane G. Eddy sold 17,527 shares of the firm’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $199.16, for a total value of $3,490,677.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Ramsaran Maharajh sold 15,124 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the executive vice president owned 13,184 shares of the company’s stock, valued at $2,698,105.60. The trade was a 53.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 89,255 shares of company stock worth $18,151,956 over the last three months. Company insiders own 0.10% of the company’s stock.

Hedge Funds Weigh In On RTX

Several hedge funds have recently modified their holdings of RTX. Brighton Jones LLC increased its position in RTX by 24.3% during the fourth quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock worth $1,969,000 after buying an additional 3,332 shares during the last quarter. Revolve Wealth Partners LLC raised 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 lifted its holdings in RTX by 68.0% during the 2nd quarter. United Bank now owns 10,202 shares of the company’s stock valued at $1,490,000 after purchasing an additional 4,131 shares during the last quarter. Schnieders Capital Management LLC. lifted its holdings in RTX by 3.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock valued at $3,052,000 after purchasing an additional 623 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in RTX during the 2nd quarter valued at $5,157,000. Institutional investors own 86.50% of the company’s stock.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Q1 beat and guidance raise — RTX reported Q1 EPS $1.78 vs. $1.52 expected and revenue $22.08B; management raised FY‑2026 adjusted EPS guidance to $6.60–$6.80 and raised revenue targets. Fundamental strength (defense demand, aftermarket, Pratt & Whitney momentum) underpins medium‑term cash flow and backlog. RTX Reports Q1 2026 Results
• Positive Sentiment: Capex to boost production/MRO — Pratt & Whitney is investing >$100M across U.S. MRO sites and $100M in Poland to expand capacity for commercial and military engines, supporting revenue growth and aftermarket margins. Pratt & Whitney invests in US MRO
• Positive Sentiment: Contract upsides — Recent contract/modification wins (e.g., ~$213M Navy modification) and global site openings add near‑term revenue visibility. Navy contract modification
• Neutral Sentiment: Morgan Stanley keeps overweight despite lower target — MS trimmed its price target from $235 to $220 but remains overweight, implying significant upside from current levels. Benzinga: Morgan Stanley target change
• Neutral Sentiment: Sell‑side support remains — Some sell‑side notes still point to multi‑quarter upside based on backlog and cash flow, so analyst views are mixed and could drive volatility as estimates get updated. Sell‑side support lifts RTX
• Negative Sentiment: UBS cuts target and moves to neutral — UBS trimmed its price target to $199 and set a neutral rating, reducing near‑term analyst support and contributing to downward pressure. Benzinga: UBS lowers target
• Negative Sentiment: Guidance vs. expectations and commercial‑aero risk — Although guidance was raised, the midpoint of revenue/EPS guidance was slightly below some consensus numbers; BofA and others highlighted lingering commercial aviation concerns and supply‑chain/tariff headwinds, which pressured the stock. BofA: Q1 strength overshadowed by commercial aero concerns
• Negative Sentiment: Market reaction theme — Industry analysis noted that defense peers who beat also sold off after not materially raising full‑year guidance, amplifying the selloff in RTX despite strong fundamentals. These 3 Defense Giants Beat Q1 Estimates—So Why Did Their Stocks Still Fall?

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.