A number of research firms have changed their ratings and price targets for Textron (NYSE: TXT):
- 7/15/2026 – Textron was given a new $97.00 price target by Morgan Stanley.
- 7/13/2026 – Textron was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
- 7/13/2026 – Textron had its price target lowered by TD Cowen from $115.00 to $105.00. They now have a “hold” rating on the stock.
- 7/12/2026 – Textron was downgraded by Wall Street Zen from “buy” to “hold”.
- 6/26/2026 – Textron was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
- 6/11/2026 – Textron was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
- 5/20/2026 – Textron was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
Textron Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Friday, June 12th were issued a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Friday, June 12th. Textron’s payout ratio is currently 1.53%.
Insiders Place Their Bets
In related news, Director R Kerry Clark sold 2,517 shares of Textron stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $93.09, for a total transaction of $234,307.53. Following the completion of the sale, the director owned 8,611 shares of the company’s stock, valued at approximately $801,597.99. This trade represents a 22.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Thomas A. Kennedy bought 10,300 shares of the stock in a transaction on Friday, May 1st. The stock was purchased at an average price of $95.98 per share, for a total transaction of $988,594.00. Following the purchase, the director directly owned 20,162 shares of the company’s stock, valued at approximately $1,935,148.76. This represents a 104.44% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 1.90% of the company’s stock.
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.
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