Representative Dan Newhouse (R-Washington) recently bought shares of Textron Inc. (NYSE:TXT). In a filing disclosed on January 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in Textron stock on December 11th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.
Representative Dan Newhouse also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Royal Caribbean Cruises (NYSE:RCL) on 12/31/2025.
- Purchased $1,001 – $15,000 in shares of Broadridge Financial Solutions (NYSE:BR) on 12/31/2025.
- Purchased $1,001 – $15,000 in shares of Synopsys (NASDAQ:SNPS) on 12/31/2025.
- Sold $1,001 – $15,000 in shares of Brown & Brown (NYSE:BRO) on 12/11/2025.
- Purchased $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 12/11/2025.
- Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/11/2025.
- Purchased $1,001 – $15,000 in shares of T-Mobile US (NASDAQ:TMUS) on 12/11/2025.
- Purchased $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 12/11/2025.
- Sold $1,001 – $15,000 in shares of Magna International (NYSE:MGA) on 12/11/2025.
- Sold $1,001 – $15,000 in shares of Truist Financial (NYSE:TFC) on 12/11/2025.
Textron Stock Up 0.9%
TXT stock opened at $94.38 on Monday. The firm has a market cap of $16.63 billion, a price-to-earnings ratio of 20.74, a PEG ratio of 1.41 and a beta of 1.00. Textron Inc. has a 1-year low of $57.70 and a 1-year high of $94.88. The firm has a fifty day moving average price of $86.38 and a two-hundred day moving average price of $83.36. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.84 and a quick ratio of 0.86.
Textron Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 1st. Shareholders of record on Friday, December 12th were issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Friday, December 12th. Textron’s payout ratio is currently 1.76%.
Analysts Set New Price Targets
A number of analysts have recently weighed in on the company. Susquehanna reiterated a “positive” rating and set a $110.00 price target on shares of Textron in a research report on Thursday. JPMorgan Chase & Co. dropped their target price on Textron from $90.00 to $88.00 and set a “neutral” rating on the stock in a research report on Monday, October 27th. Citigroup raised their target price on Textron from $91.00 to $107.00 and gave the company a “neutral” rating in a research note on Tuesday, January 13th. Jefferies Financial Group restated a “buy” rating and set a $115.00 price target on shares of Textron in a research report on Thursday. Finally, TD Cowen cut their price objective on shares of Textron from $95.00 to $90.00 and set a “hold” rating on the stock in a research report on Friday, October 24th. Five equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $96.33.
Read Our Latest Research Report on TXT
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in TXT. Callan Family Office LLC grew its stake in Textron by 133.1% in the second quarter. Callan Family Office LLC now owns 7,863 shares of the aerospace company’s stock valued at $631,000 after purchasing an additional 4,490 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its stake in shares of Textron by 6.0% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 695,962 shares of the aerospace company’s stock valued at $58,802,000 after buying an additional 39,389 shares in the last quarter. Baxter Bros Inc. grew its stake in shares of Textron by 45.8% in the 3rd quarter. Baxter Bros Inc. now owns 39,865 shares of the aerospace company’s stock valued at $3,368,000 after buying an additional 12,530 shares in the last quarter. Citizens Financial Group Inc. RI acquired a new position in Textron in the third quarter worth approximately $1,078,000. Finally, Ethic Inc. raised its position in Textron by 9.4% during the second quarter. Ethic Inc. now owns 4,312 shares of the aerospace company’s stock valued at $346,000 after acquiring an additional 372 shares in the last quarter. 86.03% of the stock is currently owned by institutional investors.
About Representative Newhouse
Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.
Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.
Click here to see Newhouse’s key votes in Congress.
Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.
Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.
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.
Featured Stories
- Five stocks we like better than Textron
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- How a Family Trust May Be Able To Help Preserve Your Wealth
- A U.S. “birthright” claim worth trillions – activated quietly
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- NEW LAW: Congress Approves Setup For Digital Dollar?
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.
