Wells Fargo & Company upgraded shares of Textron (NYSE:TXT – Free Report) to a hold rating in a research report released on Tuesday morning,Zacks.com reports.
A number of other equities research analysts have also recently commented on the company. Sanford C. Bernstein increased their target price on Textron from $94.00 to $108.00 and gave the stock a “market perform” rating in a research note on Thursday, February 19th. Susquehanna reaffirmed a “positive” rating and issued a $110.00 price target on shares of Textron in a research report on Thursday, January 15th. Jefferies Financial Group reiterated a “buy” rating on shares of Textron in a research note on Wednesday, February 18th. JPMorgan Chase & Co. increased their price objective on shares of Textron from $88.00 to $90.00 and gave the company a “neutral” rating in a research report on Thursday, January 29th. Finally, Freedom Capital upgraded shares of Textron to a “strong-buy” rating in a research note on Friday, January 16th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $98.18.
Textron Price Performance
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. Equities research analysts forecast that Textron will post 6.12 EPS for the current fiscal year.
Textron Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th were issued 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, March 13th. Textron’s dividend payout ratio is presently 1.57%.
Insider Activity at Textron
In other Textron news, EVP E Robert Lupone sold 28,056 shares of the business’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $98.84, for a total value of $2,773,055.04. Following the completion of the transaction, the executive vice president owned 103,991 shares of the company’s stock, valued at approximately $10,278,470.44. The trade was a 21.25% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Lisa M. Atherton sold 7,600 shares of the firm’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $98.68, for a total transaction of $749,968.00. Following the sale, the chief executive officer directly owned 29,473 shares in the company, valued at approximately $2,908,395.64. The trade was a 20.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 304,473 shares of company stock valued at $29,976,723 over the last three months. 1.90% of the stock is owned by insiders.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TXT. Rockefeller Capital Management L.P. boosted its holdings in Textron by 2.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 42,774 shares of the aerospace company’s stock worth $3,729,000 after purchasing an additional 1,117 shares during the last quarter. Corient Private Wealth LLC lifted its holdings in shares of Textron by 13.2% during the 4th quarter. Corient Private Wealth LLC now owns 39,204 shares of the aerospace company’s stock valued at $3,418,000 after buying an additional 4,571 shares during the period. Pure Financial Advisors LLC lifted its holdings in shares of Textron by 24.9% during the 4th quarter. Pure Financial Advisors LLC now owns 3,545 shares of the aerospace company’s stock valued at $309,000 after buying an additional 707 shares during the period. Caitong International Asset Management Co. Ltd boosted its stake in shares of Textron by 6,367.9% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,811 shares of the aerospace company’s stock worth $158,000 after buying an additional 1,783 shares during the last quarter. Finally, DGS Capital Management LLC bought a new stake in shares of Textron in the fourth quarter worth $379,000. Institutional investors own 86.03% of the company’s stock.
Trending Headlines about Textron
Here are the key news stories impacting Textron this week:
- Positive Sentiment: Marine Corps awarded Textron a pre‑production deal for Armored Reconnaissance Vehicles (ARVs); Textron and GD will compete with a downselect planned in early FY‑31 — this is a direct program win opportunity that supports future defense revenues and backlog. Marine Corps Awards Textron, GD Deals For ARV ‘Pre-Production’ Vehicles, Plans Downselect In Early FY ‘31
- Positive Sentiment: Analysts are nudging valuation higher — Citigroup raised its price target on TXT to $99 (while keeping a neutral rating), signaling room for upside versus current levels and providing support for the stock. Benzinga
- Positive Sentiment: Macro/sector tailwinds: coverage noting that geopolitical tensions (Iran conflict) are driving rotation into defense names, which could lift order visibility and valuation multiples for companies like Textron. Iran War-Led Market Volatility: Top 3 Sectors and Stocks for 2026
- Neutral Sentiment: Wells Fargo initiated coverage / set an equal‑weight (hold) rating with a $92 target — adds analyst attention but not a strong buy signal; mixed near‑term influence. Wells Fargo initiates coverage of Textron (TXT) with equal-weight recommendation
- Neutral Sentiment: Multiple media/analysis pieces highlight Textron as a long‑term growth/value candidate and compare TXT vs. peers (RTX) — these deepen investor research interest but are not immediate catalysts. Why Textron (TXT) is a top growth stock for the long term
- Negative Sentiment: Near‑term fundamentals remain mixed — recent quarterly EPS missed consensus by $0.01 despite revenue growth, and the stock has underperformed the broader market recently; that can pressure shares until clearer upside in margins/backlog is visible. Textron Inc. stock rises Tuesday, still underperforms market
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.
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