RTX (NYSE:RTX) Downgraded by Wall Street Zen to "Buy"

Key Points

• Wall Street Zen downgraded RTX from a "strong‑buy" to a "buy," a move that helped trigger near‑term selling pressure and the shares fell about 2.7%.
• RTX reported a Q1 beat — EPS $1.78 vs. $1.52 expected and revenue $22.08B vs. $21.38B — and set FY2026 guidance of $6.60–$6.80 in EPS (consensus ~6.83).
• Analysts still give RTX a consensus "Moderate Buy" with an average target of $206.59, but insiders sold ~89,255 shares (~$18.15M) recently while institutional ownership remains high (~86.5%).

RTX (NYSE:RTX - Get Free Report) was downgraded by Wall Street Zen from a "strong-buy" rating to a "buy" rating in a research report issued on Sunday.

A number of other research analysts also recently issued reports on the company. Wells Fargo & Company assumed coverage on RTX in a research note on Wednesday, April 1st. They issued an "equal weight" rating and a $200.00 price objective on the stock. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $240.00 price objective on shares of RTX in a research note on Thursday, March 5th. Jefferies Financial Group dropped their price objective on RTX from $225.00 to $210.00 and set a "hold" rating on the stock in a research note on Monday, April 13th. Morgan Stanley decreased their target price on RTX from $235.00 to $220.00 and set an "overweight" rating for the company in a research report on Wednesday. Finally, Sanford C. Bernstein reaffirmed a "market perform" rating and issued a $204.00 target price on shares of RTX in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, RTX presently has a consensus rating of "Moderate Buy" and a consensus target price of $206.59.

RTX Stock Down 2.7%

Shares of NYSE:RTX opened at $174.42 on Friday. The company has a market capitalization of $234.89 billion, a price-to-earnings ratio of 32.72, a P/E/G ratio of 2.58 and a beta of 0.43. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.02 and a quick ratio of 0.80. The business's 50-day moving average is $198.96 and its 200-day moving average is $187.80. RTX has a 1 year low of $122.41 and a 1 year high of $214.50.

RTX (NYSE:RTX - Get Free Report) last announced its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.52 by $0.26. The company 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 period in the previous year, the business earned $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Equities research analysts predict that RTX will post 6.83 earnings per share for the current year.

Insider Activity

In other RTX news, EVP Ramsaran Maharajh sold 15,124 shares of the business's stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $204.65, for a total transaction of $3,095,126.60. Following the completion of the sale, the executive vice president directly owned 13,184 shares of the company's stock, valued at approximately $2,698,105.60. The trade was a 53.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the business's stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $205.56, for a total value of $7,349,797.80. Following the sale, the executive vice president directly owned 59,556 shares of the company's stock, valued at $12,242,331.36. This represents a 37.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 89,255 shares of company stock worth $18,151,956. Company insiders own 0.10% of the company's stock.

Institutional Trading of RTX

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in shares of RTX by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 124,986,171 shares of the company's stock worth $22,922,464,000 after buying an additional 2,210,950 shares in the last quarter. State Street Corp raised its position in shares of RTX by 0.7% in the fourth quarter. State Street Corp now owns 91,884,588 shares of the company's stock worth $16,851,633,000 after buying an additional 630,558 shares in the last quarter. Capital Research Global Investors raised its position in shares of RTX by 1.1% in the third quarter. Capital Research Global Investors now owns 76,197,762 shares of the company's stock worth $12,750,087,000 after buying an additional 799,155 shares in the last quarter. Morgan Stanley raised its position in shares of RTX by 0.4% in the fourth quarter. Morgan Stanley now owns 29,783,584 shares of the company's stock worth $5,462,310,000 after buying an additional 105,069 shares in the last quarter. Finally, Fisher Asset Management LLC raised its position in RTX by 3.0% during the fourth quarter. Fisher Asset Management LLC now owns 21,800,188 shares of the company's stock valued at $3,998,155,000 after purchasing an additional 625,994 shares in the last quarter. 86.50% of the stock is owned by institutional investors.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: NPS Foundation names RTX a foundational partner of the Naval Innovation Center, underscoring ongoing defense relationships and program visibility that support long‑term revenue for aerospace and defense contractors. NPS Foundation Recognizes Dell Technologies and RTX
• Positive Sentiment: Citi (via Barron's) says defense stocks can weather a big Democratic midterm win and calls recent weakness a buying opportunity — a sector-level endorsement that can help support RTX valuation. Defense Stocks Can Survive Big Win by Democrats in Midterms, Says Citi
• Positive Sentiment: Brokerage consensus remains constructive—RTX has an average rating of “Moderate Buy,” which provides analyst support under current selling pressure. RTX Receives Average Rating of "Moderate Buy"
• Neutral Sentiment: Industry comparison pieces highlight that defense spending tailwinds benefit both Lockheed and RTX; useful context but not an immediate catalyst. Lockheed Martin vs. RTX: Defense Spending Is Surging
• Neutral Sentiment: Several consumer tech/gaming stories referencing “RTX 5060/5070” are about GPU branding (NVIDIA) and not RTX Corporation; these are unlikely to affect RTX’s fundamentals. Multi-skilled RTX 5060 gaming laptop gets new coupon deal at Amazon
• Negative Sentiment: Analyst downgrade has triggered near-term selling pressure and is cited directly as causing additional downside in trading; this is the main driver of today’s weaker price action. RTX Trading Down 3.3% on Analyst Downgrade
• Negative Sentiment: Critical commentary (e.g., Seeking Alpha pieces noting investors rotating out despite solid results) may be amplifying short-term exits and sentiment risk even though results and guidance were decent. RTX: Gift Exit Despite Solid Results

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.

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