Citigroup Lowers RTX (NYSE:RTX) Price Target to $226.00

RTX (NYSE:RTX) had its target price dropped by equities research analysts at Citigroup from $238.00 to $226.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. Citigroup’s price target would suggest a potential upside of 15.49% from the company’s previous close.

RTX has been the subject of a number of other reports. Vertical Research reissued a “buy” rating and issued a $227.00 price target on shares of RTX in a report on Tuesday, January 27th. Wells Fargo & Company assumed coverage on shares of RTX in a report on Wednesday. They set an “equal weight” rating and a $200.00 target price for the company. Sanford C. Bernstein reissued a “market perform” rating and set a $204.00 price target on shares of RTX in a report on Thursday, January 29th. Jefferies Financial Group restated a “hold” rating on shares of RTX in a research report on Friday, March 6th. Finally, Susquehanna reiterated a “positive” rating and issued a $230.00 price objective on shares of RTX in a research report on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $204.44.

RTX Stock Performance

NYSE:RTX traded up $0.97 during mid-day trading on Thursday, hitting $195.69. The company’s stock had a trading volume of 1,583,892 shares, compared to its average volume of 6,204,809. The business’s fifty day moving average is $200.24 and its two-hundred day moving average is $184.00. The stock has a market cap of $263.39 billion, a price-to-earnings ratio of 39.45, a PEG ratio of 2.79 and a beta of 0.42. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.03 and a quick ratio of 0.80. RTX has a 1 year low of $112.27 and a 1 year high of $214.50.

RTX (NYSE:RTX) last released its quarterly earnings data on Tuesday, January 27th. The company reported $1.55 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.08. RTX had a return on equity of 13.08% and a net margin of 7.60%.The business had revenue of $24.24 billion during the quarter, compared to analyst estimates of $22.65 billion. During the same quarter last year, the business posted $1.54 EPS. The company’s revenue was up 12.1% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Analysts anticipate that RTX will post 6.11 EPS for the current fiscal year.

Insider Buying and Selling at RTX

In related news, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the firm’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $205.56, for a total value of $7,349,797.80. Following the transaction, the executive vice president directly owned 59,556 shares of the company’s stock, valued at approximately $12,242,331.36. This trade represents a 37.51% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Shane G. Eddy sold 17,527 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $199.16, for a total value of $3,490,677.32. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 89,255 shares of company stock valued at $18,151,956. Insiders own 0.10% of the company’s stock.

Institutional Trading of RTX

Several large investors have recently made changes to their positions in the company. BNP Paribas acquired a new stake in RTX during the 3rd quarter worth $25,000. Navalign LLC purchased a new position in shares of RTX in the fourth quarter worth about $25,000. Commonwealth Retirement Investments LLC acquired a new position in RTX during the fourth quarter worth about $26,000. Valley Wealth Managers Inc. purchased a new stake in RTX during the 3rd quarter valued at about $30,000. Finally, Core Wealth Advisors LLC acquired a new stake in RTX in the 4th quarter valued at about $31,000. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Melius Research upgraded RTX from “hold” to “buy,” signaling renewed analyst optimism that could attract buyers. Finviz: Melius Research Upgrade
• Positive Sentiment: Erste Group initiated coverage with a Buy, citing strength in the engines business and higher global defense spending — a vote of confidence that may support longer-term multiple expansion. Erste Group Initiates RTX With Buy (Yahoo)
• Positive Sentiment: RTX’s BBN Technologies released Maude-HCS, an open-source DARPA-funded toolkit to test covert communication networks — strengthens RTX’s cyber credibility and could support defense/cyber contract opportunities. PR Newswire: Maude-HCS Release
• Positive Sentiment: Coverage highlighting Collins Aerospace as a growth driver reinforces expectations for recurring aftermarket and systems revenue, supporting RTX’s organic growth narrative. Zacks: Collins Aerospace Growth
• Positive Sentiment: Recent reporting pointed to a new defense contract that drove a prior intraday gain, showing that contract awards remain a near-term trigger for share moves. Benzinga: Why RTX Stock Was Gaining
• Neutral Sentiment: Wells Fargo started coverage with an Equal Weight (hold) rating and a $200 PT — mildly supportive but not a strong positive catalyst given the modest upside. Benzinga: Wells Fargo Coverage
• Neutral Sentiment: Several headlines reference “RTX” in the context of NVIDIA GPU products (GeForce RTX, DLSS, RTX 60-series leaks) — these are unrelated to RTX Corporation and should not be conflated with the aerospace & defense company’s fundamentals. Tweaktown: GeForce RTX 3060 Article (Unrelated)
• Negative Sentiment: Political risk: commentary about a possible U.S. pullback from NATO or shifts in defense policy could increase volatility for defense contractors and weigh on RTX despite company-level positives. Benzinga: Political Risk for Defense Stocks

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.