RTX (NYSE:RTX) Stock Gets Price Target Trim from Sanford C. Bernstein

RTX (NYSE:RTX) had its price target trimmed by Sanford C. Bernstein from $223.00 to $214.00 in a research note published on Thursday, MarketBeat Ratings reports. The firm currently has a market perform rating on the stock.

Other equities analysts also recently issued reports about the company. TD Cowen cut their target price on RTX from $240.00 to $225.00 and set a “buy” rating for the company in a research note on Friday, October 9th. DA Davidson raised their price target on RTX from $192.00 to $219.00 and gave the company a “neutral” rating in a report on Monday, July 27th. Citigroup restated a “buy” rating on shares of RTX in a research note on Wednesday, October 7th. Susquehanna upped their price objective on RTX from $235.00 to $245.00 and gave the stock a “positive” rating in a report on Friday, July 24th. Finally, Rothschild & Co Redburn increased their price objective on RTX from $180.00 to $215.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 29th. Eighteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $226.75.

RTX Stock Up 3.7%

Shares of NYSE:RTX opened at $193.77 on Thursday. The company has a market cap of $261.16 billion, a price-to-earnings ratio of 34.12, a PEG ratio of 2.50 and a beta of 0.31. The firm’s 50-day simple moving average is $199.69 and its 200-day simple moving average is $193.65. The company has a quick ratio of 0.78, a current ratio of 1.01 and a debt-to-equity ratio of 0.47. RTX has a fifty-two week low of $156.10 and a fifty-two week high of $226.88.

RTX (NYSE:RTX) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.66 by $0.23. The business had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. The business’s revenue was up 14.5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, equities research analysts predict that RTX will post 7.22 earnings per share for the current year.

Insider Transactions at RTX

In related news, insider Troy Brunk sold 8,557 shares of the company’s stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $210.29, for a total value of $1,799,451.53. Following the sale, the insider owned 8,809 shares in the company, valued at $1,852,444.61. This represents a 49.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Kevin G. Dasilva sold 2,250 shares of the company’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $216.93, for a total value of $488,092.50. Following the completion of the sale, the vice president owned 20,099 shares in the company, valued at approximately $4,360,076.07. This represents a 10.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 29,222 shares of company stock valued at $6,362,003 in the last quarter. 0.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in RTX in the 2nd quarter valued at about $20,970,571,000. State Street Corp raised its position in RTX by 3.1% during the second quarter. State Street Corp now owns 95,417,318 shares of the company’s stock worth $18,103,528,000 after acquiring an additional 2,828,056 shares during the last quarter. Auto Owners Insurance Co lifted its holdings in shares of RTX by 24,730.9% in the fourth quarter. Auto Owners Insurance Co now owns 10,102,956 shares of the company’s stock valued at $1,852,882,000 after purchasing an additional 10,062,269 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of RTX by 0.5% in the fourth quarter. Invesco Ltd. now owns 9,134,677 shares of the company’s stock valued at $1,675,300,000 after purchasing an additional 48,070 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of RTX by 5.0% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,693,939 shares of the company’s stock valued at $1,649,501,000 after purchasing an additional 411,356 shares in the last quarter. Hedge funds and other 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: RTX’s Raytheon division secured an approximately $8 billion nuclear command-and-control contract and a $729 million counter-drone export deal. The awards strengthen backlog, international exposure and multiyear revenue visibility. RTX Locks In a Decade of Defense Dominance
• Positive Sentiment: Raytheon was selected to modernize U.S. Space Force global early-warning radar sites, supporting RTX’s position in missile defense and space-based security systems. The work is strategically important, although the contract’s financial value was not disclosed. RTX’s Raytheon selected to modernize U.S. Space Force global early warning radars
• Positive Sentiment: Analyst commentary remains constructive ahead of the quarterly report, citing a record backlog, resilient aerospace and defense demand, recent contract wins and a valuation viewed as attractive relative to RTX’s growth prospects. The average broker price target is about $226.75, implying additional upside from current levels. Should You Buy, Hold or Sell RTX Stock Ahead of Q3 Earnings?
• Neutral Sentiment: RTX’s upcoming third-quarter results are the next major catalyst. Investors will watch revenue, earnings, free cash flow, order growth and supply-chain execution. The company previously exceeded quarterly earnings and revenue expectations and currently guides to fiscal 2026 earnings of $7.10–$7.25 per share. Exploring Analyst Estimates for RTX Q3 Earnings
• Negative Sentiment: Supply-chain constraints remain a risk, particularly for commercial aerospace production and margins. Sanford C. Bernstein lowered its RTX price target from $223 to $214 and maintained a “market perform” rating, tempering the bullish contract news. RTX price target lowered by Sanford C. Bernstein

RTX Company Profile

RTX Corporation (NYSE: RTX) is an aerospace and defense company that develops and manufactures products and systems for commercial aviation, business aviation, military aircraft and government customers. Its portfolio includes aircraft engines, avionics, flight-control systems, cabin interiors, communications equipment, air and missile defense systems, precision weapons, radars and advanced sensors.

The company operates through three principal businesses: Collins Aerospace, which supplies aerospace systems and components; Pratt & Whitney, which designs and produces aircraft engines and related services; and Raytheon, which provides defense and intelligence technologies.