FY2026 EPS Estimates for Textron Increased by Zacks Research

Textron Inc. (NYSE:TXT) – Equities research analysts at Zacks Research raised their FY2026 earnings per share (EPS) estimates for shares of Textron in a report released on Thursday, January 8th. Zacks Research analyst Team now expects that the aerospace company will post earnings of $6.63 per share for the year, up from their previous forecast of $6.62. The consensus estimate for Textron’s current full-year earnings is $6.12 per share.

Textron (NYSE:TXT) last announced its quarterly earnings data on Thursday, October 23rd. The aerospace company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.08. The business had revenue of $3.60 billion for the quarter, compared to the consensus estimate of $3.70 billion. Textron had a net margin of 5.81% and a return on equity of 14.16%. The company’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.40 earnings per share. Textron has set its FY 2025 guidance at 6.000-6.200 EPS.

Several other research analysts have also commented on TXT. Weiss Ratings lowered shares of Textron from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, December 29th. JPMorgan Chase & Co. dropped their price objective on shares of Textron from $90.00 to $88.00 and set a “neutral” rating for the company in a research report on Monday, October 27th. TD Cowen reduced their target price on shares of Textron from $95.00 to $90.00 and set a “hold” rating on the stock in a report on Friday, October 24th. UBS Group lowered their price target on Textron from $92.00 to $89.00 and set a “neutral” rating for the company in a report on Friday, October 24th. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $94.00 price objective on shares of Textron in a research note on Tuesday, January 6th. Four investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $91.25.

Textron Trading Up 2.2%

Shares of Textron stock opened at $93.75 on Monday. Textron has a fifty-two week low of $57.70 and a fifty-two week high of $94.02. The business’s fifty day moving average is $85.06 and its two-hundred day moving average is $82.90. 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 firm has a market cap of $16.52 billion, a PE ratio of 20.60, a P/E/G ratio of 1.40 and a beta of 1.00.

Textron Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 1st. Stockholders of record on Friday, December 12th were given 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 of this dividend was Friday, December 12th. Textron’s payout ratio is presently 1.76%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. AQR Capital Management LLC raised its stake in shares of Textron by 144.1% in the 2nd quarter. AQR Capital Management LLC now owns 2,664,612 shares of the aerospace company’s stock valued at $213,942,000 after purchasing an additional 1,573,206 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Textron in the second quarter valued at about $66,446,000. Adage Capital Partners GP L.L.C. raised its stake in Textron by 270.7% during the second quarter. Adage Capital Partners GP L.L.C. now owns 1,005,843 shares of the aerospace company’s stock valued at $80,759,000 after buying an additional 734,478 shares in the last quarter. Balyasny Asset Management L.P. acquired a new stake in Textron during the third quarter valued at approximately $56,255,000. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in Textron by 62.0% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,231,492 shares of the aerospace company’s stock worth $98,876,000 after buying an additional 471,274 shares during the last quarter. Hedge funds and other institutional investors own 86.03% of the company’s stock.

About Textron

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.