CWA Asset Management Group LLC Makes New $1.99 Million Investment in Textron Inc. $TXT

CWA Asset Management Group LLC acquired a new stake in Textron Inc. (NYSE:TXT) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 22,810 shares of the aerospace company’s stock, valued at approximately $1,988,000.

Several other hedge funds have also recently modified their holdings of TXT. State Street Corp boosted its stake in shares of Textron by 2.4% in the 3rd quarter. State Street Corp now owns 9,220,307 shares of the aerospace company’s stock worth $779,205,000 after buying an additional 212,857 shares during the last quarter. Invesco Ltd. increased its position in shares of Textron by 1.7% during the third quarter. Invesco Ltd. now owns 8,270,901 shares of the aerospace company’s stock valued at $698,808,000 after acquiring an additional 140,713 shares during the last quarter. Boston Partners lifted its holdings in Textron by 0.9% during the third quarter. Boston Partners now owns 7,257,533 shares of the aerospace company’s stock worth $613,327,000 after acquiring an additional 66,747 shares during the period. AQR Capital Management LLC boosted its position in Textron by 33.1% in the third quarter. AQR Capital Management LLC now owns 3,545,395 shares of the aerospace company’s stock worth $298,239,000 after purchasing an additional 880,783 shares during the last quarter. Finally, Brandes Investment Partners LP boosted its position in Textron by 19.9% in the second quarter. Brandes Investment Partners LP now owns 2,714,466 shares of the aerospace company’s stock worth $217,945,000 after purchasing an additional 451,017 shares during the last quarter. Institutional investors own 86.03% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on TXT. Weiss Ratings raised Textron from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, February 10th. Jefferies Financial Group reissued a “buy” rating on shares of Textron in a report on Wednesday, February 18th. Freedom Capital upgraded shares of Textron to a “strong-buy” rating in a research report on Friday, January 16th. Citigroup decreased their price objective on shares of Textron from $107.00 to $97.00 and set a “neutral” rating for the company in a report on Thursday, January 29th. Finally, UBS Group lifted their price objective on shares of Textron from $89.00 to $99.00 and gave the stock a “neutral” rating in a research report on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $98.60.

Textron Price Performance

Textron stock opened at $88.75 on Monday. The firm has a market capitalization of $15.45 billion, a P/E ratio of 17.37, a PEG ratio of 1.34 and a beta of 0.95. Textron Inc. has a one year low of $57.70 and a one year high of $101.57. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.97 and a quick ratio of 0.99. The business has a fifty day moving average price of $94.55 and a 200-day moving average price of $87.71.

Textron (NYSE:TXT) last released its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $1.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.74 by ($0.01). The company had revenue of $4.18 billion for the quarter, compared to the consensus estimate of $4.11 billion. Textron had a net margin of 6.22% and a return on equity of 14.63%. The business’s revenue for the quarter was up 15.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.34 earnings per share. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. As a group, equities research analysts forecast that Textron Inc. will post 6.12 EPS for the current year.

Textron Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th will be given a dividend of $0.02 per share. The ex-dividend date is Friday, March 13th. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. Textron’s dividend payout ratio is currently 1.57%.

Insider Transactions at Textron

In other news, EVP E Robert Lupone sold 28,056 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $98.84, for a total value of $2,773,055.04. Following the sale, the executive vice president directly owned 103,991 shares of the company’s stock, valued at approximately $10,278,470.44. This represents a 21.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Lisa M. Atherton sold 7,600 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $98.68, for a total transaction of $749,968.00. Following the completion of the transaction, the chief executive officer owned 29,473 shares of the company’s stock, valued at $2,908,395.64. This trade represents a 20.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 304,473 shares of company stock valued at $29,976,723. Company insiders own 1.90% of the company’s stock.

Textron Company Profile

Textron Inc is a global, multi-industry manufacturing company headquartered in Providence, Rhode Island. The company designs, manufactures and services a diverse range of products for the aerospace, defense and industrial markets. Textron operates through four primary business segments—Textron Aviation, Bell, Textron Systems and Industrial—each of which serves customers around the world.

Textron Aviation is known for its Cessna and Beechcraft branded business jets and turboprop aircraft, offering models that range from light jets and turboprops to larger cabin aircraft designed for corporate and charter use.