RTX (NYSE:RTX) Trading Down 3.3% Following Analyst Downgrade

RTX Corporation (NYSE:RTX) shares fell 3.3% during trading on Wednesday after UBS Group lowered their price target on the stock from $209.00 to $199.00. UBS Group currently has a neutral rating on the stock. RTX traded as low as $179.84 and last traded at $180.9420. 8,489,205 shares were traded during mid-day trading, an increase of 44% from the average session volume of 5,902,443 shares. The stock had previously closed at $187.17.

Several other research analysts also recently commented on the company. Erste Group Bank began coverage on RTX in a report on Tuesday, March 24th. They issued a “buy” rating on the stock. Susquehanna reiterated a “positive” rating and issued a $230.00 price objective on shares of RTX in a report on Thursday, January 15th. Citigroup decreased their price objective on RTX from $238.00 to $226.00 and set a “buy” rating on the stock in a report on Thursday, April 2nd. Morgan Stanley decreased their price objective on RTX from $235.00 to $220.00 and set an “overweight” rating on the stock in a report on Wednesday. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of RTX in a report on Friday, April 10th. One investment 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. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $202.28.

Insider Buying and Selling

In related news, EVP Dantaya M. Williams sold 12,713 shares of the firm’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $202.83, for a total value of $2,578,577.79. Following the sale, the executive vice president directly owned 16,749 shares of the company’s stock, valued at $3,397,199.67. This trade represents a 43.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Ramsaran Maharajh sold 15,124 shares of the firm’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $204.65, for a total value of $3,095,126.60. Following the completion of the sale, the executive vice president directly owned 13,184 shares in the company, valued at $2,698,105.60. The trade was a 53.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 89,255 shares of company stock valued at $18,151,956 over the last ninety days. Corporate insiders own 0.10% of the company’s stock.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Q1 beat and upgraded outlook — RTX reported $1.78 adj. EPS (vs. ~$1.52 est.) and $22.08B revenue, raised FY guidance for sales and EPS, signaling broad-based strength across defense and commercial aftermarket. Read More.
• Positive Sentiment: Defence demand and contract wins underpin backlog — strong munitions and defense bookings, plus large program opportunities (including proposed Germany ship systems) support multi-year revenue visibility and cash flow. Read More.
• Positive Sentiment: Capacity investments to meet commercial & military engine demand — Pratt & Whitney announced a $100M Poland expansion (and additional North America MRO investment), which should ease production bottlenecks and support aftermarket revenue. Read More.
• Neutral Sentiment: Analyst actions are mixed — Morgan Stanley trimmed its price target from $235 to $220 but kept an overweight rating, reflecting continued buy-side conviction albeit with somewhat lower near‑term upside. Read More.
• Negative Sentiment: Guidance and consensus miss concerns — despite the raise, RTX’s FY revenue and EPS midpoints came in slightly below some analyst models (EPS 6.60–6.80 vs. ~6.82 consensus; revenue midpoint modestly under), which prompted investor disappointment after the initial pop. Read More.
• Negative Sentiment: Near‑term execution risks — commentary highlighted supply‑chain constraints, tariffs and cost inflation that could pressure margins and cadence of deliveries in 2026. These macro/operational caveats weighed on sentiment. Read More.
• Negative Sentiment: Market reaction: beat-but-not-enough — several outlets note the pattern: strong fundamentals but expectations were higher, producing a “pop then drop” intraday reaction as investors reset near‑term expectations. Read More.

Institutional Trading of RTX

Several large investors have recently modified their holdings of the business. Navalign LLC bought a new stake in RTX during the 4th quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC bought a new stake in RTX during the 4th quarter valued at approximately $26,000. BNP Paribas bought a new stake in RTX during the 3rd quarter valued at approximately $25,000. Core Wealth Advisors LLC bought a new stake in RTX during the 4th quarter valued at approximately $31,000. Finally, 1 North Wealth Services LLC boosted its position in RTX by 456.7% during the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock valued at $31,000 after acquiring an additional 137 shares in the last quarter. 86.50% of the stock is owned by institutional investors.

RTX Stock Performance

The company has a 50-day simple moving average of $200.22 and a two-hundred day simple moving average of $187.74. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.80 and a current ratio of 1.03. The firm has a market capitalization of $243.54 billion, a P/E ratio of 36.48, a PEG ratio of 2.83 and a beta of 0.43.

RTX (NYSE:RTX) last posted its quarterly earnings data on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.26. The business had revenue of $22.08 billion for the quarter, compared to analysts’ expectations of $21.38 billion. RTX had a return on equity of 13.08% and a net margin of 7.60%.The business’s revenue was up 8.7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.47 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, equities analysts forecast that RTX Corporation will post 6.8 EPS for the current year.

RTX Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Friday, February 20th were given a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Friday, February 20th. RTX’s payout ratio is presently 54.84%.

About RTX

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.