Sanford C. Bernstein Cuts RTX (NYSE:RTX) Price Target to $223.00

26 Sep 2026, 02:02 by Renee Jackson · The Cerbat Gem

RTX (NYSE:RTX – Free Report) had its target price trimmed by Sanford C. Bernstein from $232.00 to $223.00 in a research note issued to investors on Wednesday morning, Marketbeat.com reports. The brokerage currently has a market perform rating on the stock.

Several other equities research analysts have also recently commented on the company. Argus set a $245.00 target price on RTX in a research note on Thursday, July 30th. Royal Bank Of Canada raised their price target on shares of RTX from $230.00 to $250.00 and gave the stock an “outperform” rating in a research note on Friday, July 24th. Morgan Stanley reiterated an “overweight” rating and issued a $240.00 price objective on shares of RTX in a report on Friday, July 24th. Wells Fargo & Company boosted their price objective on shares of RTX from $200.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Friday, July 24th. Finally, Jefferies Financial Group set a $250.00 target price on shares of RTX in a report on Sunday, July 26th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, RTX presently has a consensus rating of “Moderate Buy” and an average target price of $228.06.

Check Out Our Latest Research Report on RTX

RTX Price Performance

RTX stock opened at $189.35 on Wednesday. The stock has a 50-day moving average price of $207.80 and a two-hundred day moving average price of $195.21. RTX has a 1 year low of $155.64 and a 1 year high of $226.88. The stock has a market cap of $255.20 billion, a PE ratio of 33.34, a price-to-earnings-growth ratio of 2.43 and a beta of 0.29. The company has a current ratio of 1.01, a quick ratio of 0.78 and a debt-to-equity ratio of 0.47.

RTX (NYSE:RTX – Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.66 by $0.23. The company had revenue of $24.71 billion for the quarter, compared to analyst estimates of $22.89 billion. RTX had a return on equity of 13.99% and a net margin of 8.28%.The company’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.56 earnings per share. RTX has set its FY 2026 guidance at 7.100-7.250 EPS. Equities analysts forecast that RTX will post 7.22 EPS for the current fiscal year.

Insider Activity

In related news, EVP Ramsaran Maharajh sold 13,655 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total value of $3,057,627.60. Following the transaction, the executive vice president owned 13,184 shares in the company, valued at approximately $2,952,161.28. This represents a 50.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Kevin G. Dasilva sold 4,760 shares of the stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $213.62, for a total transaction of $1,016,831.20. Following the completion of the transaction, the vice president directly owned 22,349 shares in the company, valued at approximately $4,774,193.38. This represents a 17.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 29,222 shares of company stock valued at $6,362,003 over the last ninety days. 0.10% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On RTX

Institutional investors and hedge funds have recently made changes to their positions in the company. Commonwealth Retirement Investments LLC bought a new stake in RTX in the fourth quarter valued at $26,000. Core Wealth Advisors LLC acquired a new stake in shares of RTX in the 4th quarter valued at about $31,000. 1 North Wealth Services LLC grew its stake in shares of RTX by 456.7% in the 4th quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock valued at $31,000 after buying an additional 137 shares during the period. Evergreen Advisors LLC bought a new stake in RTX in the 1st quarter valued at about $31,000. Finally, Signature Resources Capital Management LLC raised its stake in RTX by 111.5% during the 1st quarter. Signature Resources Capital Management LLC now owns 184 shares of the company’s stock worth $36,000 after buying an additional 97 shares during the period. Institutional investors and hedge funds own 86.50% of the company’s stock.

RTX News Roundup

Here are the key news stories impacting RTX this week:

Positive Sentiment: Pratt & Whitney delivered its first GTF Advantage-powered Airbus A321XLR to United Airlines. The engine upgrade is intended to improve durability and range, supporting RTX’s commercial aerospace growth and the long-term aftermarket opportunity. RTX Pratt & Whitney GTF Advantage delivery
Positive Sentiment: Pratt & Whitney Canada signed a four-year engine-maintenance agreement with AirBorneo Airways. The contract expands recurring maintenance, repair and overhaul revenue through 2030 and will be serviced from RTX’s expanded Singapore facility. Pratt & Whitney AirBorneo maintenance agreement
Positive Sentiment: RTX reportedly has a $289 billion backlog and recently raised guidance. Those figures reinforce demand visibility across aerospace and defense, although investors remain focused on execution, cash flow and whether the backlog converts into earnings quickly enough. RTX backlog and guidance

About RTX

(Get Free Report)

RTX Corporation (NYSE:RTX) is an aerospace and defense company that develops and manufactures systems, products and services for commercial aviation, business aviation and government customers. Its offerings include aircraft engines, avionics, flight-control systems, cabin interiors, communications equipment, radar, air and missile defense systems, precision weapons and cybersecurity solutions.