Textron (NYSE:TXT – Free Report) had its target price boosted by JPMorgan Chase & Co. from $88.00 to $90.00 in a research report sent to investors on Thursday morning,Benzinga reports. The brokerage currently has a neutral rating on the aerospace company’s stock.
TXT has been the subject of several other reports. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $94.00 target price on shares of Textron in a report on Tuesday, January 6th. Citigroup raised their price target on shares of Textron from $91.00 to $107.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Jefferies Financial Group restated a “buy” rating and issued a $115.00 price objective on shares of Textron in a report on Thursday, January 15th. Morgan Stanley set a $92.00 target price on Textron in a research note on Thursday. Finally, Weiss Ratings lowered Textron from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 26th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $97.70.
Check Out Our Latest Research Report on TXT
Textron Trading Up 0.2%
Textron (NYSE:TXT – Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The aerospace company reported $1.73 earnings per share for the quarter, missing the consensus estimate of $1.74 by ($0.01). Textron had a return on equity of 14.63% and a net margin of 6.22%.The company had revenue of $4.18 billion during the quarter, compared to analysts’ expectations of $4.11 billion. During the same quarter in the previous year, the company earned $1.34 EPS. The business’s quarterly revenue was up 15.6% on a year-over-year basis. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. As a group, analysts forecast that Textron will post 6.12 EPS for the current fiscal year.
Institutional Trading of Textron
A number of hedge funds have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Textron by 13.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,522 shares of the aerospace company’s stock valued at $1,049,000 after purchasing an additional 1,709 shares during the period. Empowered Funds LLC boosted its holdings in shares of Textron by 6.3% in the first quarter. Empowered Funds LLC now owns 21,397 shares of the aerospace company’s stock worth $1,546,000 after buying an additional 1,265 shares during the last quarter. Focus Partners Wealth grew its position in Textron by 18.0% during the first quarter. Focus Partners Wealth now owns 4,814 shares of the aerospace company’s stock valued at $348,000 after buying an additional 735 shares during the period. Sivia Capital Partners LLC purchased a new stake in Textron during the second quarter valued at approximately $453,000. Finally, Avior Wealth Management LLC bought a new position in Textron in the second quarter worth approximately $218,000. Hedge funds and other institutional investors own 86.03% of the company’s stock.
Key Stories Impacting Textron
Here are the key news stories impacting Textron this week:
- Positive Sentiment: Q4 revenue came in at a record level with strong aviation growth, which supports the company’s operational momentum and longer‑term upside. Q4 Earnings Highlights
- Positive Sentiment: JPMorgan issued a positive forecast and nudged its price target higher, signaling some confidence in Textron’s outlook and limiting downside from the recent selloff. JPMorgan Positive Forecast
- Positive Sentiment: Several bullish research pieces (Zacks articles) highlight Textron’s appeal to momentum and value investors, helping attract interest from different investor styles. Zacks Momentum
- Neutral Sentiment: Multiple sell‑side firms (UBS, BofA, TD Cowen) are keeping Hold ratings — reflecting balanced risk/reward: aviation strength but offset by margin and portfolio uncertainties. These stances limit immediate large revisions to consensus. Analyst Holds
- Negative Sentiment: Management set FY‑2026 EPS guidance at $6.40–$6.60, which investors read as cautious on profitability despite revenue growth — a key reason for recent weakness. Management Deep Dive
- Negative Sentiment: Q4 EPS missed estimates by a penny and the market reacted sharply: the stock experienced a near‑8% drop and a gap down after the print as investors focused on margins and guidance. Why Stock Wilted
- Negative Sentiment: Citigroup trimmed its price target (to $97) and other research notes flag MV‑75 program headwinds, rising capex and near‑term cash pressure — factors that underpin cautious analyst views. Citigroup PT Cut
- Negative Sentiment: Analyst commentary also highlights aviation margin uncertainty and near‑term cash/headwind risks that justify Hold ratings and cap further upside until clarity on MV‑75 and margins improves. Margin & Cash Concerns
Textron Company Profile
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.
Recommended Stories
- Five stocks we like better than Textron
- Stock market legend warns: “An Ominous Day Is Coming for the Markets…”
- Another reason you need to own gold… [running out]
- Trump’s Final Shocking Act Begins February 24
- NEW: Gold makes history
- Become a 2x better options trader (in 2 days)
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.
