
Textron Inc. (NYSE:TXT – Free Report) – Equities research analysts at Zacks Research increased their FY2025 earnings estimates for shares of Textron in a report released on Friday, November 14th. Zacks Research analyst Team now forecasts that the aerospace company will post earnings of $6.14 per share for the year, up from their prior estimate of $6.09. The consensus estimate for Textron’s current full-year earnings is $6.12 per share. Zacks Research also issued estimates for Textron’s Q1 2026 earnings at $1.19 EPS, Q2 2026 earnings at $1.43 EPS, Q3 2026 earnings at $1.77 EPS, Q4 2026 earnings at $2.23 EPS, FY2026 earnings at $6.62 EPS, Q1 2027 earnings at $1.35 EPS and Q2 2027 earnings at $1.58 EPS.
Textron (NYSE:TXT – Get Free Report) last announced its earnings results on Thursday, October 23rd. The aerospace company reported $1.55 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.08. Textron had a net margin of 5.81% and a return on equity of 14.16%. The business had revenue of $3.60 billion during the quarter, compared to analyst estimates of $3.70 billion. During the same period in the previous year, the business earned $1.40 EPS. The company’s quarterly revenue was up 5.1% compared to the same quarter last year. Textron has set its FY 2025 guidance at 6.000-6.200 EPS.
Get Our Latest Research Report on TXT
Textron Price Performance
Shares of NYSE:TXT opened at $80.66 on Monday. The company has a quick ratio of 0.86, a current ratio of 1.84 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $14.21 billion, a PE ratio of 17.73, a price-to-earnings-growth ratio of 1.30 and a beta of 1.13. The firm’s 50 day moving average price is $82.46 and its 200-day moving average price is $79.79. Textron has a twelve month low of $57.70 and a twelve month high of $87.94.
Hedge Funds Weigh In On Textron
Several institutional investors have recently modified their holdings of the stock. Envestnet Asset Management Inc. increased its holdings in Textron by 0.8% during the first quarter. Envestnet Asset Management Inc. now owns 131,973 shares of the aerospace company’s stock worth $9,535,000 after buying an additional 1,084 shares during the last quarter. Apollon Wealth Management LLC increased its stake in Textron by 6.4% in the first quarter. Apollon Wealth Management LLC now owns 3,599 shares of the aerospace company’s stock valued at $260,000 after acquiring an additional 215 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in Textron by 34.4% during the first quarter. Massachusetts Financial Services Co. MA now owns 120,672 shares of the aerospace company’s stock worth $8,719,000 after acquiring an additional 30,892 shares in the last quarter. Garner Asset Management Corp bought a new position in shares of Textron in the 1st quarter valued at $299,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH increased its position in Textron by 1.7% in the 1st quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 67,611 shares of the aerospace company’s stock valued at $4,885,000 after acquiring an additional 1,162 shares during the period. 86.03% of the stock is currently owned by institutional investors and hedge funds.
Textron Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 1st. Shareholders of record on Friday, December 12th will be issued a dividend of $0.02 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. Textron’s dividend payout ratio is currently 1.76%.
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.
Featured Stories
- Five stocks we like better than Textron
- Expert Stock Trading Psychology Tips
- 4 Cold-Weather Stocks to Buy as Winter Spending Heats Up
- How Investors Can Find the Best Cheap Dividend Stocks
- Disney Stock Drops—Will Earnings Pave Way for a YouTube TV Truce?
- Ride Out The Recession With These Dividend Kings
- Meta’s Pain May Be Your Gain: Is This a Rare Buying Window?
Receive News & Ratings for Textron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Textron and related companies with MarketBeat.com's FREE daily email newsletter.
