Zacks Research Brokers Lift Earnings Estimates for Textron

Textron Inc. (NYSE:TXT) – Research analysts at Zacks Research increased their Q3 2026 EPS estimates for shares of Textron in a research note issued on Tuesday, September 2nd. Zacks Research analyst Team now expects that the aerospace company will post earnings per share of $1.98 for the quarter, up from their previous forecast of $1.97. The consensus estimate for Textron’s current full-year earnings is $6.12 per share.

A number of other analysts have also commented on the stock. Susquehanna boosted their price target on shares of Textron from $90.00 to $95.00 and gave the company a “positive” rating in a research note on Friday, July 25th. Barclays boosted their price target on shares of Textron from $95.00 to $105.00 and gave the company an “overweight” rating in a research note on Tuesday, July 29th. The Goldman Sachs Group restated a “neutral” rating and set a $85.00 price target (down previously from $95.00) on shares of Textron in a research note on Tuesday, July 1st. Wall Street Zen lowered shares of Textron from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 26th. Finally, Morgan Stanley boosted their price target on shares of Textron from $71.00 to $86.00 and gave the company an “equal weight” rating in a research note on Thursday, July 17th. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $92.67.

Textron Stock Performance

Shares of TXT stock opened at $81.31 on Friday. The firm has a market capitalization of $14.49 billion, a PE ratio of 18.40, a price-to-earnings-growth ratio of 1.33 and a beta of 1.14. The firm has a fifty day simple moving average of $80.94 and a two-hundred day simple moving average of $75.36. The company has a current ratio of 1.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.45. Textron has a 12 month low of $57.70 and a 12 month high of $91.30.

Textron (NYSE:TXT) last announced its quarterly earnings results on Thursday, July 24th. The aerospace company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.45 by $0.10. The business had revenue of $3.72 billion during the quarter, compared to analyst estimates of $3.64 billion. Textron had a net margin of 5.80% and a return on equity of 14.26%. Textron’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.54 EPS. Textron has set its FY 2025 guidance at 6.000-6.200 EPS.

Textron Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Friday, September 12th will be paid a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Friday, September 12th. Textron’s payout ratio is presently 1.81%.

Insider Activity at Textron

In other news, EVP Julie G. Duffy sold 28,543 shares of Textron stock in a transaction on Friday, July 25th. The stock was sold at an average price of $79.37, for a total transaction of $2,265,457.91. Following the sale, the executive vice president directly owned 37,624 shares in the company, valued at $2,986,216.88. The trade was a 43.14% decrease in their position. 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 insiders.

Institutional Investors Weigh In On Textron

Hedge funds have recently made changes to their positions in the business. Assetmark Inc. raised its stake in shares of Textron by 191.9% during the 2nd quarter. Assetmark Inc. now owns 324 shares of the aerospace company’s stock worth $26,000 after purchasing an additional 213 shares during the period. Atlantic Union Bankshares Corp bought a new stake in shares of Textron during the 2nd quarter worth $27,000. Banque Cantonale Vaudoise bought a new stake in shares of Textron during the 1st quarter worth $25,000. CYBER HORNET ETFs LLC bought a new stake in shares of Textron during the 2nd quarter worth $41,000. Finally, Harvest Fund Management Co. Ltd raised its stake in shares of Textron by 100.0% during the 1st quarter. Harvest Fund Management Co. Ltd now owns 524 shares of the aerospace company’s stock worth $39,000 after purchasing an additional 262 shares during the period. 86.03% of the stock is currently owned by 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.