RTX (NYSE:RTX) Stock Gets Price Target Cut from TD Cowen

RTX (NYSE:RTX) had its price target trimmed by TD Cowen from $240.00 to $225.00 in a research note released on Friday,Benzinga reports. The brokerage currently has a buy rating on the stock.

Several other equities research analysts have also weighed in on RTX. The Goldman Sachs Group increased their target price on shares of RTX from $195.00 to $206.00 and gave the stock a “neutral” rating in a report on Monday, July 27th. Wells Fargo & Company boosted their price target on shares of RTX from $200.00 to $230.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. Royal Bank Of Canada upped their price objective on shares of RTX from $230.00 to $250.00 and gave the company an “outperform” rating in a research report on Friday, July 24th. Morgan Stanley reaffirmed an “overweight” rating and set a $240.00 price objective (up from $220.00) on shares of RTX in a research note on Friday, July 24th. Finally, DA Davidson lifted their target price on RTX from $192.00 to $219.00 and gave the stock a “neutral” rating in a report on Monday, July 27th. Nineteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, RTX currently has an average rating of “Moderate Buy” and an average price target of $228.58.

RTX Stock Performance

Shares of NYSE:RTX opened at $185.99 on Friday. The company has a market capitalization of $250.66 billion, a price-to-earnings ratio of 32.74, a P/E/G ratio of 2.40 and a beta of 0.31. The firm’s 50 day simple moving average is $203.02 and its 200 day simple moving average is $193.85. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78. RTX has a fifty-two week low of $155.64 and a fifty-two week high of $226.88.

RTX (NYSE:RTX) last released its quarterly earnings data on Thursday, July 23rd. The company reported $1.89 earnings per share for the quarter, topping the consensus estimate of $1.66 by $0.23. The business had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. RTX had a net margin of 8.28% and a return on equity of 13.99%. RTX’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter last year, the firm earned $1.56 EPS. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. As a group, sell-side analysts forecast that RTX will post 7.22 earnings per share for the current year.

Insider Buying and Selling at RTX

In other news, VP Kevin G. Dasilva sold 2,250 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $216.93, for a total transaction of $488,092.50. Following the completion of the transaction, the vice president directly owned 20,099 shares of the company’s stock, valued at $4,360,076.07. This trade represents a 10.07% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Troy D. Brunk sold 8,557 shares of RTX stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $210.29, for a total transaction of $1,799,451.53. Following the completion of the sale, the insider owned 8,809 shares in the company, valued at $1,852,444.61. This trade represents a 49.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 29,222 shares of company stock worth $6,362,003. Corporate insiders own 0.10% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Eastern Bank increased its stake in shares of RTX by 112.0% in the third quarter. Eastern Bank now owns 177,392 shares of the company’s stock valued at $32,933,000 after buying an additional 93,725 shares during the period. Rockland Trust Co. raised its holdings in RTX by 0.7% in the 3rd quarter. Rockland Trust Co. now owns 20,330 shares of the company’s stock valued at $3,774,000 after buying an additional 144 shares during the last quarter. QRG Capital Management Inc. raised its holdings in RTX by 18.5% in the 2nd quarter. QRG Capital Management Inc. now owns 226,195 shares of the company’s stock valued at $42,916,000 after buying an additional 35,269 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in RTX by 3.2% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 52,046 shares of the company’s stock worth $9,875,000 after buying an additional 1,636 shares during the period. Finally, State Street Corp boosted its position in RTX by 3.1% during the 2nd quarter. State Street Corp now owns 95,417,318 shares of the company’s stock worth $18,103,528,000 after buying an additional 2,828,056 shares during the period. Institutional investors and hedge funds own 86.50% of the company’s stock.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Raytheon, RTX’s defense unit, won a U.S. Navy contract valued at up to $6.3 billion to produce and sustain Standard Missile-3 Block IB interceptors. The five-year agreement, with two option years, provides greater production visibility and supports the Pentagon’s effort to replenish missile-defense inventories. RTX’s Raytheon wins up to $6.3 billion US missile contract
• Positive Sentiment: Raytheon also secured a U.S. Navy Standard Missile-6 contract worth up to $24.4 billion over five years, covering offensive-strike and missile-defense missions. RTX plans to expand SM-6 manufacturing capacity, reinforcing its backlog and exposure to rising global demand for air and missile defense. RTX Secures $24.4 Billion Standard Missile 6 Contract
• Positive Sentiment: Analysts see further support from the aerospace aftermarket. RBC raised its 2027 commercial aerospace maintenance, repair and overhaul growth forecast to 11.6%, with engine maintenance among the strongest areas—an important trend for RTX’s Collins Aerospace and Pratt & Whitney businesses. Aerospace aftermarket outlook strengthens
• Neutral Sentiment: TD Cowen maintained a Buy rating but lowered its RTX price target from $240 to $225, suggesting continued confidence in the company while reflecting more cautious valuation or execution assumptions.
• Negative Sentiment: Jim Cramer said investor concerns that U.S. defense spending may have peaked are weighing on RTX, despite his disagreement with that view. The debate could limit the stock’s near-term reaction to contract wins.

RTX Company Profile

RTX Corporation (NYSE: RTX) is an aerospace and defense company that develops and supplies technologies for commercial aviation, business aviation, military operations and space applications. The company serves customers including aircraft manufacturers, airlines, governments and armed forces worldwide.

RTX operates through three principal business segments: Collins Aerospace, which provides aerospace systems, avionics, interiors, landing systems and other aircraft equipment; Pratt & Whitney, which designs and manufactures aircraft engines and provides related maintenance and services; and Raytheon, which develops integrated air and missile defense systems, precision weapons, radars, sensors, command-and-control technologies and other defense solutions.

The company was formed in 2020 through the combination of Raytheon Company and United Technologies Corporation, although its businesses trace their histories to earlier aerospace and technology companies, including Pratt & Whitney and Collins Aerospace predecessor organizations.