Textron Inc. (NYSE:TXT – Free Report) – Research analysts at Zacks Research reduced their Q1 2026 earnings per share (EPS) estimates for shares of Textron in a report released on Wednesday, March 26th. Zacks Research analyst R. Department now expects that the aerospace company will post earnings of $1.17 per share for the quarter, down from their previous estimate of $1.19. The consensus estimate for Textron’s current full-year earnings is $6.12 per share. Zacks Research also issued estimates for Textron’s Q2 2026 earnings at $1.53 EPS.
A number of other research analysts have also recently weighed in on TXT. Bank of America cut shares of Textron from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $110.00 to $85.00 in a research note on Friday, January 24th. Robert W. Baird decreased their price objective on Textron from $100.00 to $92.00 and set an “outperform” rating on the stock in a research note on Thursday, January 23rd. Barclays cut their target price on shares of Textron from $104.00 to $95.00 and set an “overweight” rating for the company in a research note on Monday, December 23rd. Vertical Research upgraded shares of Textron from a “hold” rating to a “buy” rating and set a $91.00 price target for the company in a report on Monday, January 6th. Finally, TD Cowen raised shares of Textron to a “hold” rating in a research note on Monday, February 24th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $93.45.
Textron Trading Down 3.1 %
Shares of Textron stock opened at $72.92 on Monday. The stock has a market cap of $13.24 billion, a PE ratio of 16.92, a price-to-earnings-growth ratio of 1.18 and a beta of 1.27. Textron has a 12-month low of $70.14 and a 12-month high of $97.34. The company has a 50-day moving average of $74.49 and a two-hundred day moving average of $80.17. The company has a current ratio of 1.76, a quick ratio of 0.84 and a debt-to-equity ratio of 0.45.
Textron (NYSE:TXT – Get Free Report) last released its quarterly earnings data on Wednesday, January 22nd. The aerospace company reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.27 by $0.07. The firm had revenue of $3.61 billion during the quarter, compared to analysts’ expectations of $3.78 billion. Textron had a return on equity of 14.92% and a net margin of 6.01%. Textron’s revenue was down 7.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.60 earnings per share.
Textron Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be issued a dividend of $0.02 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.08 annualized dividend and a dividend yield of 0.11%. Textron’s payout ratio is 1.86%.
Insider Buying and Selling
In other news, VP Mark S. Bamford sold 5,451 shares of the business’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $72.68, for a total transaction of $396,178.68. Following the transaction, the vice president now directly owns 18,223 shares of the company’s stock, valued at approximately $1,324,447.64. The trade was a 23.03 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.70% of the stock is owned by corporate insiders.
Institutional Trading of Textron
A number of hedge funds and other institutional investors have recently modified their holdings of TXT. True Wealth Design LLC acquired a new position in shares of Textron in the 3rd quarter valued at approximately $26,000. SBI Securities Co. Ltd. acquired a new stake in shares of Textron in the 4th quarter valued at about $31,000. Eastern Bank acquired a new position in Textron in the fourth quarter worth about $42,000. Optiver Holding B.V. acquired a new position in Textron in the fourth quarter worth about $56,000. Finally, Golden State Wealth Management LLC bought a new stake in Textron in the fourth quarter valued at about $63,000. 86.03% of the stock is owned by hedge funds and other institutional investors.
Textron Company Profile
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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