RTX (NYSE:RTX) Price Target Cut to $223.00 by Analysts at Sanford C. Bernstein

Key Points

• Sanford C. Bernstein lowered RTX’s price target to $223 from $232 while maintaining a “market perform” rating, implying 16.69% upside from the prior close.
• Despite the reduction, analyst sentiment remains favorable: RTX has a consensus “Moderate Buy” rating and an average price target of $228.06.
• RTX recently exceeded quarterly expectations with $1.89 EPS versus $1.66 expected and $24.71 billion in revenue; however, insiders sold about $6.36 million of stock over the past three months.

RTX (NYSE:RTX - Get Free Report) had its target price dropped by investment analysts at Sanford C. Bernstein from $232.00 to $223.00 in a research note issued to investors on Wednesday, MarketBeat Ratings reports. The brokerage currently has a "market perform" rating on the stock. Sanford C. Bernstein's price target points to a potential upside of 16.69% from the stock's previous close.

Several other analysts have also recently weighed in on RTX. Royal Bank Of Canada lifted their price objective on shares of RTX from $230.00 to $250.00 and gave the stock an "outperform" rating in a research note on Friday, July 24th. Weiss Ratings raised shares of RTX from a "buy (b-)" rating to a "buy (b)" rating in a report on Tuesday, August 25th. Morgan Stanley reissued an "overweight" rating and set a $240.00 price objective on shares of RTX in a report on Friday, July 24th. Jefferies Financial Group set a $250.00 target price on shares of RTX in a report on Sunday, July 26th. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $238.00 price target on shares of RTX in a research note on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $228.06.

RTX Stock Down 1.7%

RTX opened at $191.10 on Wednesday. RTX has a 1-year low of $155.64 and a 1-year high of $226.88. The stock has a market cap of $257.56 billion, a PE ratio of 33.64, a price-to-earnings-growth ratio of 2.50 and a beta of 0.29. The stock's fifty day simple moving average is $208.07 and its 200 day simple moving average is $195.48. The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47.

RTX (NYSE:RTX - Get Free Report) last posted its 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 company had revenue of $24.71 billion during the quarter, compared to analysts' expectations of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. RTX's quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, research analysts expect that RTX will post 7.22 earnings per share for the current year.

Insider Activity

In related news, EVP Ramsaran Maharajh sold 13,655 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total value of $3,057,627.60. Following the completion of the sale, the executive vice president directly owned 13,184 shares of the company's stock, valued at approximately $2,952,161.28. This represents a 50.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Kevin G. Dasilva sold 4,760 shares of the firm's stock in a transaction on Friday, July 24th. The shares were sold at an average price of $213.62, for a total value of $1,016,831.20. Following the transaction, the vice president owned 22,349 shares in the company, valued at approximately $4,774,193.38. This trade represents a 17.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 29,222 shares of company stock worth $6,362,003 over the last three months. 0.10% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Fortress Financial Group LLC bought a new position in RTX in the second quarter worth about $358,000. Commonwealth Retirement Investments LLC bought a new stake in shares of RTX in the 4th quarter valued at about $26,000. Evergreen Advisors LLC purchased a new position in shares of RTX in the 1st quarter worth approximately $31,000. Core Wealth Advisors LLC bought a new position in shares of RTX during the 4th quarter worth approximately $31,000. Finally, 1 North Wealth Services LLC raised its stake in shares of RTX by 456.7% during the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company's stock worth $31,000 after acquiring an additional 137 shares in the last quarter. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Analyst coverage continues to support RTX as an investment candidate. A brokerage-recommendation report cites a favorable average rating, although the article cautions that sell-side ratings can be overly optimistic. Brokers Suggest Investing in RTX
• Positive Sentiment: RTX is being compared favorably as a potential value opportunity within the aerospace and defense sector, though investors should weigh its valuation against Embraer and other industry alternatives. EMBJ or RTX: Which Is the Better Value Stock Right Now?
• Positive Sentiment: RTX and Lockheed Martin both raised dividends in 2026 and have substantial backlogs and free-cash-flow generation, supporting RTX’s appeal to income-focused investors. Lockheed Martin vs. RTX: Which Defense Dividend Is the Better Income Buy
• Neutral Sentiment: Many articles mention “RTX” graphics cards, including Nvidia’s GeForce products, gaming PCs, laptops and rumored future GPUs. These stories concern Nvidia, not RTX Corporation, and therefore have little direct relevance to RTX stock.
• Negative Sentiment: Aerospace and defense shares, including RTX, moved lower after reports that Iran offered to reopen the Strait of Hormuz within seven days if the United States takes initial steps to ease military pressure. The prospect of reduced regional tension weakened the geopolitical-risk premium supporting defense stocks, while oil prices also declined. Defense Stocks Fall While Oil Slides on Hormuz Reopening Report

About RTX

RTX Corporation NYSE: RTX is an aerospace and defense company that develops and manufactures systems, products and services for commercial aviation, business aviation and government customers. Its offerings include aircraft engines, avionics, flight-control systems, cabin interiors, communications equipment, radar, air and missile defense systems, precision weapons and cybersecurity solutions.

The company operates through three principal businesses: Collins Aerospace, which provides aerospace systems and components; Pratt & Whitney, which designs and manufactures aircraft engines and provides related maintenance services; and Raytheon, which develops integrated defense systems, sensors, missiles and other mission technologies.

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