Textron Inc. (NYSE:TXT) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Textron Inc. (NYSE:TXT) have been assigned an average rating of “Moderate Buy” from the twelve ratings firms that are covering the company, Marketbeat reports. Seven analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $98.60.

A number of research firms recently commented on TXT. UBS Group boosted their price target on Textron from $89.00 to $99.00 and gave the stock a “neutral” rating in a research report on Thursday, January 15th. Susquehanna reaffirmed a “positive” rating and issued a $110.00 price objective on shares of Textron in a research report on Thursday, January 15th. Sanford C. Bernstein lifted their target price on Textron from $94.00 to $108.00 and gave the stock a “market perform” rating in a research note on Thursday, February 19th. Wall Street Zen lowered Textron from a “strong-buy” rating to a “buy” rating in a report on Friday, January 23rd. Finally, Weiss Ratings upgraded Textron from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, February 10th.

Insider Activity at Textron

In related news, VP Mark S. Bamford sold 19,808 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $97.96, for a total value of $1,940,391.68. Following the transaction, the vice president owned 7,872 shares in the company, valued at approximately $771,141.12. This represents a 71.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Julie G. Duffy sold 19,857 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $98.70, for a total transaction of $1,959,885.90. Following the completion of the transaction, the executive vice president directly owned 37,039 shares in the company, valued at approximately $3,655,749.30. This represents a 34.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 304,473 shares of company stock worth $29,976,723 in the last quarter. 1.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Textron

Several institutional investors and hedge funds have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Textron by 13.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,522 shares of the aerospace company’s stock worth $1,049,000 after purchasing an additional 1,709 shares during the last quarter. Empowered Funds LLC grew its holdings in Textron by 6.3% in the 1st quarter. Empowered Funds LLC now owns 21,397 shares of the aerospace company’s stock valued at $1,546,000 after buying an additional 1,265 shares in the last quarter. Focus Partners Wealth increased its position in Textron by 18.0% during the 1st quarter. Focus Partners Wealth now owns 4,814 shares of the aerospace company’s stock worth $348,000 after buying an additional 735 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of Textron during the second quarter worth $453,000. Finally, Cetera Investment Advisers lifted its holdings in shares of Textron by 1.2% during the second quarter. Cetera Investment Advisers now owns 24,491 shares of the aerospace company’s stock worth $1,966,000 after buying an additional 295 shares in the last quarter. Institutional investors and hedge funds own 86.03% of the company’s stock.

Textron Stock Performance

Shares of TXT stock opened at $87.50 on Friday. The company has a fifty day moving average price of $94.11 and a two-hundred day moving average price of $87.94. Textron has a one year low of $57.70 and a one year high of $101.57. The stock has a market cap of $15.23 billion, a P/E ratio of 17.12, a P/E/G ratio of 1.32 and a beta of 0.95. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.97 and a quick ratio of 0.99.

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

Textron Announces Dividend

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

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.