Morgan Stanley Issues Pessimistic Forecast for RTX (NYSE:RTX) Stock Price

RTX (NYSE:RTX) had its price target lowered by equities researchers at Morgan Stanley from $235.00 to $220.00 in a report released on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Morgan Stanley’s price objective would indicate a potential upside of 22.59% from the company’s current price.

RTX has been the subject of a number of other reports. Jefferies Financial Group reduced their price objective on shares of RTX from $225.00 to $210.00 and set a “hold” rating for the company in a research note on Monday, April 13th. Susquehanna restated a “positive” rating and issued a $230.00 price objective on shares of RTX in a research note on Thursday, January 15th. Vertical Research restated a “buy” rating and issued a $227.00 price objective on shares of RTX in a research note on Tuesday, January 27th. Sanford C. Bernstein restated a “market perform” rating and issued a $204.00 price objective on shares of RTX in a research note on Thursday, January 29th. Finally, UBS Group restated a “neutral” rating on shares of RTX in a research note on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $202.28.

RTX Price Performance

Shares of NYSE:RTX opened at $179.47 on Wednesday. RTX has a fifty-two week low of $119.51 and a fifty-two week high of $214.50. The business has a 50-day moving average of $199.47 and a two-hundred day moving average of $187.63. The stock has a market capitalization of $241.68 billion, a P/E ratio of 33.67, a P/E/G ratio of 2.61 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.

RTX (NYSE:RTX) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $21.38 billion. During the same quarter in the previous year, the firm earned $1.47 earnings per share. The business’s quarterly revenue 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 research analysts predict that RTX will post 6.81 EPS for the current fiscal year.

Insider Activity

In related news, EVP Ramsaran Maharajh sold 15,124 shares of the company’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $204.65, for a total transaction of $3,095,126.60. Following the completion of the transaction, the executive vice president directly owned 13,184 shares in the company, valued at $2,698,105.60. This represents a 53.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the company’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $205.56, for a total transaction of $7,349,797.80. Following the transaction, the executive vice president owned 59,556 shares of the company’s stock, valued at approximately $12,242,331.36. The trade was a 37.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 89,255 shares of company stock worth $18,151,956. Corporate insiders own 0.10% of the company’s stock.

Hedge Funds Weigh In On RTX

Several large investors have recently added to or reduced their stakes in the company. Alpha Cubed Investments LLC raised its holdings in 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 raised its holdings in RTX by 2.3% in the 4th quarter. LeConte Wealth Management LLC now owns 2,247 shares of the company’s stock valued at $412,000 after acquiring an additional 51 shares in the last quarter. Rydar Equities Inc. raised its holdings in RTX by 0.4% in the 4th quarter. Rydar Equities Inc. now owns 13,524 shares of the company’s stock valued at $2,480,000 after acquiring an additional 52 shares in the last quarter. Schulhoff & Co. Inc. raised its holdings in RTX by 1.7% in the 4th quarter. Schulhoff & Co. Inc. now owns 3,188 shares of the company’s stock valued at $585,000 after acquiring an additional 52 shares in the last quarter. Finally, Howard Capital Management Inc. raised its holdings in RTX by 0.4% in the 4th quarter. Howard Capital Management Inc. now owns 12,340 shares of the company’s stock valued at $2,263,000 after acquiring an additional 53 shares in the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Q1 beat with raised guidance: RTX reported revenue of $22.08B and $1.78 EPS, edged past estimates and nudged full‑year guidance higher — this underpins the long‑term defense demand story. RTX: Disappointing Beat And Raise Provides Buy Opportunity
• Positive Sentiment: Capacity investment: Pratt & Whitney (RTX) is investing $100M to expand engine production in Poland — bolsters medium‑term commercial and military engine delivery capability. Pratt & Whitney invests $100 million in Poland
• Positive Sentiment: Sell‑side support remains: Several analysts still see upside (Morgan Stanley remains overweight despite trimming its target), and recent sell‑side commentary highlights a multiyear backlog and cash‑flow potential. Analyst price target changes
• Neutral Sentiment: Deep‑dive takes: Coverage notes strong defense outperformance but also flags supply‑chain, tariff and commercial aviation headwinds — useful context but no immediate binary catalyst. RTX Q1 Deep Dive
• Neutral Sentiment: Competitive landscape: Analysts compare RTX to Lockheed Martin as broader defense budgets swell — both stand to benefit, but investor preference between peers can shift flows. Lockheed Martin vs. RTX
• Negative Sentiment: Market punished the stock: Despite the beat and a modest guidance raise, shares sold off because the upgrades fell short of some analysts’ expectations — short‑term sentiment turned negative. RTX down after raise
• Negative Sentiment: Analyst target cuts and cautious notes: UBS trimmed its price target to $199 and assigned a neutral rating; other shops pared targets — reduces immediate upside expectations. UBS lowers price target
• Negative Sentiment: Commercial aerospace concerns: Bank of America and others flagged the commercial aviation outlook as a restraint, a key reason some investors see near‑term risk despite defense tailwinds. BofA: Q1 strength overshadowed by commercial aero concerns

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.