Public Employees Retirement System of Ohio Sells 29,848 Shares of RTX Corporation $RTX

Posted by Stanley Muller on Aug 28th, 2026

Public Employees Retirement System of Ohio reduced its stake in shares of RTX Corporation (NYSE:RTX – Free Report) by 5.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 518,151 shares of the company’s stock after selling 29,848 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in RTX were worth $98,309,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of RTX. Navalign LLC bought a new stake in RTX in the 4th quarter valued at $25,000. Commonwealth Retirement Investments LLC purchased a new position in shares of RTX during the fourth quarter valued at about $26,000. Core Wealth Advisors LLC bought a new stake in shares of RTX in the fourth quarter worth about $31,000. 1 North Wealth Services LLC increased its holdings in shares of RTX by 456.7% in the fourth quarter. 1 North Wealth Services LLC now owns 167 shares of the company’s stock worth $31,000 after purchasing an additional 137 shares during the last quarter. Finally, Evergreen Advisors LLC purchased a new stake in shares of RTX in the first quarter worth about $31,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.

RTX Price Performance

NYSE:RTX opened at $211.98 on Friday. The firm has a market capitalization of $285.70 billion, a price-to-earnings ratio of 37.32, a PEG ratio of 2.52 and a beta of 0.29. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.01 and a quick ratio of 0.78. The business has a 50 day simple moving average of $205.63 and a 200-day simple moving average of $195.83. RTX Corporation has a 1 year low of $150.61 and a 1 year high of $226.88.

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

RTX Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 14th will be paid a $0.73 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.92 annualized dividend and a dividend yield of 1.4%. RTX’s dividend payout ratio is currently 51.41%.

RTX News Roundup

Here are the key news stories impacting RTX this week:

Positive Sentiment: Raytheon completed a $50 million expansion of its Mississippi manufacturing facility, adding 17,000 square feet of capacity for electronic-warfare and radar systems. The project is expected to create 100 high-skill jobs by 2028 and should help RTX fulfill growing defense demand. Raytheon Mississippi facility expansion
Positive Sentiment: Investors continue to focus on Raytheon’s $22.9 billion Tomahawk missile contract, awarded to accelerate production as the U.S. replenishes depleted inventories. The order reinforces RTX’s defense backlog and long-term revenue visibility. Raytheon Tomahawk missile order
Positive Sentiment: Recent research highlights a 22% backlog increase to $289 billion, 14% reported sales growth, 21% adjusted EPS growth and improved free cash flow in the latest quarter. Raytheon led segment growth, while Pratt & Whitney and Collins Aerospace are showing operational progress. RTX stock outlook
Positive Sentiment: Brokerages collectively rate RTX “Moderate Buy,” supporting the view that defense demand and commercial aerospace maintenance activity can sustain earnings growth. RTX consensus recommendation
Neutral Sentiment: Analysts describe RTX’s outlook as a combination of a powerful backlog and a potential cash-flow inflection, but investors will be watching whether manufacturing investments convert into stronger free cash flow. RTX backlog and cash flow analysis
Negative Sentiment: One recent analysis downgraded RTX because its premium valuation already reflects much of the missile and commercial-maintenance upside, leaving less room for execution disappointments or delays in cash-flow improvement. RTX valuation downgrade analysis

Insider Transactions at RTX

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

Analyst Ratings Changes

Several equities analysts have weighed in on RTX shares. TD Cowen raised their price target on RTX from $225.00 to $240.00 and gave the company a “buy” rating in a report on Monday, July 27th. Robert W. Baird set a $240.00 target price on RTX in a research report on Friday, July 24th. Wells Fargo & Company raised their target price 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. Jefferies Financial Group set a $250.00 price target on shares of RTX in a research report on Sunday, July 26th. Finally, Royal Bank Of Canada increased 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. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, RTX has an average rating of “Moderate Buy” and a consensus target price of $228.59.

View Our Latest Stock Report on RTX

RTX Profile

(Free Report)

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.