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

RTX Corporation (NYSE:RTX) 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 traded hands during trading, an increase of 44% from the average session volume of 5,902,443 shares. The stock had previously closed at $187.17.

A number of other equities research analysts have also commented on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of RTX in a research report on Friday, April 10th. Citigroup dropped their price target on RTX from $238.00 to $226.00 and set a “buy” rating on the stock in a research report on Thursday, April 2nd. TD Cowen reaffirmed a “buy” rating on shares of RTX in a research report on Tuesday, January 27th. Vertical Research reaffirmed a “buy” rating and set a $227.00 price target on shares of RTX in a research report on Tuesday, January 27th. Finally, Royal Bank Of Canada raised their price target on RTX from $220.00 to $230.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. 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’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $202.28.

Insider Buying and Selling at RTX

In related news, insider Shane G. Eddy sold 17,527 shares of the stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $199.16, for a total transaction of $3,490,677.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the firm’s stock in a transaction that occurred on 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 completion of the transaction, the executive vice president owned 59,556 shares of the company’s stock, valued at approximately $12,242,331.36. This represents a 37.51% 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 in the last 90 days. 0.10% of the stock is currently owned by corporate insiders.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Q1 beat and guidance raise — RTX reported Q1 EPS $1.78 vs. $1.52 expected and revenue $22.08B; management raised FY‑2026 adjusted EPS guidance to $6.60–$6.80 and raised revenue targets. Fundamental strength (defense demand, aftermarket, Pratt & Whitney momentum) underpins medium‑term cash flow and backlog. RTX Reports Q1 2026 Results
• Positive Sentiment: Capex to boost production/MRO — Pratt & Whitney is investing >$100M across U.S. MRO sites and $100M in Poland to expand capacity for commercial and military engines, supporting revenue growth and aftermarket margins. Pratt & Whitney invests in US MRO
• Positive Sentiment: Contract upsides — Recent contract/modification wins (e.g., ~$213M Navy modification) and global site openings add near‑term revenue visibility. Navy contract modification
• Neutral Sentiment: Morgan Stanley keeps overweight despite lower target — MS trimmed its price target from $235 to $220 but remains overweight, implying significant upside from current levels. Benzinga: Morgan Stanley target change
• Neutral Sentiment: Sell‑side support remains — Some sell‑side notes still point to multi‑quarter upside based on backlog and cash flow, so analyst views are mixed and could drive volatility as estimates get updated. Sell‑side support lifts RTX
• Negative Sentiment: UBS cuts target and moves to neutral — UBS trimmed its price target to $199 and set a neutral rating, reducing near‑term analyst support and contributing to downward pressure. Benzinga: UBS lowers target
• Negative Sentiment: Guidance vs. expectations and commercial‑aero risk — Although guidance was raised, the midpoint of revenue/EPS guidance was slightly below some consensus numbers; BofA and others highlighted lingering commercial aviation concerns and supply‑chain/tariff headwinds, which pressured the stock. BofA: Q1 strength overshadowed by commercial aero concerns
• Negative Sentiment: Market reaction theme — Industry analysis noted that defense peers who beat also sold off after not materially raising full‑year guidance, amplifying the selloff in RTX despite strong fundamentals. These 3 Defense Giants Beat Q1 Estimates—So Why Did Their Stocks Still Fall?

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of RTX. Brighton Jones LLC grew its stake in RTX by 24.3% in the fourth quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock valued at $1,969,000 after purchasing an additional 3,332 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in RTX by 3.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock valued at $564,000 after purchasing an additional 159 shares in the last quarter. United Bank grew its stake in RTX by 68.0% in the second quarter. United Bank now owns 10,202 shares of the company’s stock valued at $1,490,000 after purchasing an additional 4,131 shares in the last quarter. Schnieders Capital Management LLC. grew its stake in RTX by 3.1% in the second quarter. Schnieders Capital Management LLC. now owns 20,900 shares of the company’s stock valued at $3,052,000 after purchasing an additional 623 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new position in RTX in the second quarter valued at approximately $5,157,000. 86.50% of the stock is currently owned by institutional investors.

RTX Price Performance

The company has a current ratio of 1.02, a quick ratio of 0.80 and a debt-to-equity ratio of 0.48. The company has a 50 day moving average price of $199.91 and a 200 day moving average price of $187.69. The company has a market capitalization of $243.54 billion, a P/E ratio of 33.95, a P/E/G ratio of 2.71 and a beta of 0.43.

RTX (NYSE:RTX) last issued its earnings results on Tuesday, April 21st. The company reported $1.78 EPS for the quarter, topping the consensus estimate of $1.52 by $0.26. RTX had a return on equity of 13.50% and a net margin of 8.03%.The company had revenue of $22.08 billion during the quarter, compared to the consensus estimate of $21.38 billion. During the same period in the previous year, the company posted $1.47 EPS. The firm’s revenue for the quarter was up 8.7% compared to the same quarter last year. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities analysts predict that RTX Corporation will post 6.8 EPS for the current fiscal year.

RTX Dividend Announcement

The firm also recently announced 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. This represents a $2.72 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Friday, February 20th. RTX’s payout ratio is currently 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.