Textron Inc. (NYSE:TXT – Free Report) – Analysts at Zacks Research decreased their Q3 2025 EPS estimates for shares of Textron in a research note issued to investors on Tuesday, June 17th. Zacks Research analyst R. Department now anticipates that the aerospace company will post earnings per share of $1.57 for the quarter, down from their prior forecast of $1.58. The consensus estimate for Textron’s current full-year earnings is $6.12 per share. Zacks Research also issued estimates for Textron’s FY2025 earnings at $6.05 EPS and Q4 2026 earnings at $1.93 EPS.
Textron (NYSE:TXT – Get Free Report) last announced its earnings results on Thursday, April 24th. The aerospace company reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.11. Textron had a net margin of 5.98% and a return on equity of 14.77%. The business had revenue of $3.31 billion during the quarter, compared to the consensus estimate of $3.26 billion. During the same quarter last year, the firm earned $1.20 earnings per share. The business’s revenue for the quarter was up 5.5% on a year-over-year basis.
Check Out Our Latest Research Report on Textron
Textron Stock Up 0.4%
Shares of NYSE:TXT opened at $76.91 on Thursday. The company has a current ratio of 1.80, a quick ratio of 0.83 and a debt-to-equity ratio of 0.46. The stock has a fifty day simple moving average of $72.69 and a two-hundred day simple moving average of $74.04. Textron has a 12-month low of $57.70 and a 12-month high of $94.57. The stock has a market capitalization of $13.89 billion, a price-to-earnings ratio of 17.44, a PEG ratio of 1.25 and a beta of 1.16.
Textron Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Friday, June 13th will be issued a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.10%. The ex-dividend date is Friday, June 13th. Textron’s payout ratio is presently 1.81%.
Institutional Trading of Textron
A number of large investors have recently made changes to their positions in TXT. Nuveen LLC bought a new position in Textron during the first quarter valued at approximately $89,403,000. Balyasny Asset Management L.P. raised its stake in Textron by 6,785.9% during the 4th quarter. Balyasny Asset Management L.P. now owns 1,236,441 shares of the aerospace company’s stock valued at $94,575,000 after buying an additional 1,218,485 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Textron by 17.8% during the 4th quarter. Invesco Ltd. now owns 7,733,335 shares of the aerospace company’s stock valued at $591,523,000 after buying an additional 1,167,105 shares during the period. Millennium Management LLC boosted its stake in shares of Textron by 128.7% in the 1st quarter. Millennium Management LLC now owns 1,113,026 shares of the aerospace company’s stock worth $80,416,000 after buying an additional 626,346 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of Textron in the fourth quarter worth $41,451,000. 86.03% of the stock is currently owned by institutional investors.
About Textron
Textron Inc operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates through six segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance. The Textron Aviation segment manufactures, sells, and services business jets, turboprop and piston engine aircraft, and military trainer and defense aircraft; and offers maintenance, inspection, and repair services, as well as sells commercial parts.
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