RTX (NYSE:RTX) Price Target Cut to $226.00 by Analysts at Citigroup

RTX (NYSE:RTX) had its price objective reduced by Citigroup from $238.00 to $226.00 in a research report released on Thursday morning,Benzinga reports. They currently have a buy rating on the stock.

Several other equities research analysts have also recently commented on RTX. Royal Bank Of Canada boosted their target price on RTX from $220.00 to $230.00 and gave the stock an “outperform” rating in a report on Wednesday, January 28th. Susquehanna reiterated a “positive” rating and set a $230.00 price target on shares of RTX in a research report on Thursday, January 15th. Jefferies Financial Group reissued a “hold” rating on shares of RTX in a research note on Friday, March 6th. Morgan Stanley reaffirmed an “overweight” rating and set a $235.00 target price on shares of RTX in a research note on Wednesday, January 28th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and set a $204.00 target price on shares of RTX in a 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 issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $204.44.

RTX Stock Performance

Shares of RTX opened at $196.25 on Thursday. The firm has a market capitalization of $264.14 billion, a PE ratio of 39.57, a P/E/G ratio of 2.82 and a beta of 0.43. The company has a quick ratio of 0.80, a current ratio of 1.03 and a debt-to-equity ratio of 0.51. The firm has a 50-day moving average price of $200.24 and a 200 day moving average price of $184.09. RTX has a 52-week low of $112.27 and a 52-week high of $214.50.

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

RTX Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Friday, February 20th were paid a dividend of $0.68 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a $2.72 annualized dividend and a dividend yield of 1.4%. RTX’s dividend payout ratio (DPR) is currently 54.84%.

Insiders Place Their Bets

In related news, EVP Dantaya M. Williams sold 12,713 shares of the stock in a transaction on 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 completion of the transaction, the executive vice president owned 16,749 shares in the company, valued at $3,397,199.67. This trade represents a 43.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Shane G. Eddy sold 17,527 shares of RTX stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $199.16, for a total value of $3,490,677.32. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 89,255 shares of company stock worth $18,151,956. Corporate insiders own 0.10% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Alpha Cubed Investments LLC lifted its position in shares of RTX by 0.3% in the 4th quarter. Alpha Cubed Investments LLC now owns 14,720 shares of the company’s stock valued at $2,700,000 after acquiring an additional 50 shares in the last quarter. LeConte Wealth Management LLC grew its position in RTX by 2.3% during the 4th quarter. LeConte Wealth Management LLC now owns 2,247 shares of the company’s stock worth $412,000 after purchasing an additional 51 shares in the last quarter. Rydar Equities Inc. grew its position in RTX by 0.4% during the 4th quarter. Rydar Equities Inc. now owns 13,524 shares of the company’s stock worth $2,480,000 after purchasing an additional 52 shares in the last quarter. Schulhoff & Co. Inc. raised its stake in RTX by 1.7% during the 4th quarter. Schulhoff & Co. Inc. now owns 3,188 shares of the company’s stock valued at $585,000 after purchasing an additional 52 shares during the period. Finally, Howard Capital Management Inc. lifted its holdings in shares of RTX by 0.4% in the fourth quarter. Howard Capital Management Inc. now owns 12,340 shares of the company’s stock valued at $2,263,000 after purchasing an additional 53 shares in the last quarter. 86.50% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Unusually large call buying — traders purchased ~47,356 RTX calls today (roughly +147% vs. typical daily call volume). Heavy call flow can signal bullish conviction or hedged institutional positioning and often precedes intraday/short-term upward pressure on the share price.
• Positive Sentiment: Melius Research upgraded RTX from “hold” to “buy”, which can attract momentum buyers. Finviz: Melius Upgrade
• Positive Sentiment: Erste Group initiated coverage with a Buy, citing strength in RTX’s engine business and defense tailwinds — adds third‑party confirmation of the company’s defense/aftermarket growth story. Erste Group Initiates RTX With Buy
• Positive Sentiment: Product/cybercapability win — RTX’s BBN Technologies released Maude‑HCS, an open‑source toolkit for validating covert communications (DARPA-funded). Demonstrates RTX’s cyber R&D and could support defense/contract credibility. BBN Maude‑HCS Release
• Neutral Sentiment: New coverage from Wells Fargo (equal weight / $200 PT) establishes a baseline institutional view but is not a strong catalyst either way. Wells Fargo Coverage
• Neutral Sentiment: Multiple consumer tech headlines reference “RTX” GPUs (product reviews, DLSS 6 rumors, PC deals). These mostly concern NVIDIA’s RTX-branded graphics products and are unlikely to materially affect RTX Corporation’s aerospace & defense fundamentals. Representative article: PCWorld: RTX GPUs & Local AI
• Negative Sentiment: Citigroup cut its price target from $238 to $226 while keeping a “buy” rating — the downgrade to the PT trims some analyst upside and could temper enthusiasm. Benzinga: Citigroup Lowers PT
• Negative Sentiment: Political risk: commentary about a potential U.S. pullback from NATO is stoking concern that defense spending dynamics could shift, which would be a negative for large defense contractors if it materializes. Benzinga: NATO/Defense Risk

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.