Textron (NYSE:TXT) Given New $99.00 Price Target at Citigroup

Textron (NYSE:TXT) had its target price increased by Citigroup from $97.00 to $99.00 in a research report released on Thursday morning,Benzinga reports. The brokerage currently has a neutral rating on the aerospace company’s stock.

Several other research firms have also recently weighed in on TXT. Sanford C. Bernstein raised their target price on shares of Textron from $94.00 to $108.00 and gave the company a “market perform” rating in a research note on Thursday, February 19th. Susquehanna restated a “positive” rating and set a $110.00 price objective on shares of Textron in a report on Thursday, January 15th. Wells Fargo & Company assumed coverage on shares of Textron in a research report on Wednesday. They set an “equal weight” rating and a $92.00 target price on the stock. Jefferies Financial Group reiterated a “buy” rating on shares of Textron in a research note on Wednesday, February 18th. Finally, Weiss Ratings raised Textron from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $98.18.

Textron Price Performance

Textron stock opened at $88.04 on Thursday. The stock has a market cap of $15.33 billion, a price-to-earnings ratio of 17.23, a P/E/G ratio of 1.34 and a beta of 0.97. The company has a quick ratio of 0.99, a current ratio of 1.97 and a debt-to-equity ratio of 0.49. Textron has a 12-month low of $57.70 and a 12-month high of $101.57. The business’s 50-day simple moving average is $93.52 and its 200 day simple moving average is $88.07.

Textron (NYSE:TXT) last issued its earnings results on Wednesday, January 28th. The aerospace company reported $1.73 EPS for the quarter, missing the consensus estimate of $1.74 by ($0.01). Textron had a net margin of 6.22% and a return on equity of 14.63%. The firm had revenue of $4.18 billion during the quarter, compared to the consensus estimate of $4.11 billion. During the same period in the previous year, the company posted $1.34 EPS. The firm’s revenue for the quarter 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, research analysts anticipate that Textron will post 6.12 earnings per share for the current year.

Textron Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th were issued a $0.02 dividend. The ex-dividend date was Friday, March 13th. This represents a $0.08 annualized dividend and a yield of 0.1%. Textron’s dividend payout ratio is presently 1.57%.

Insider Activity

In other Textron news, VP Mark S. Bamford sold 19,808 shares of the firm’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $97.96, for a total value of $1,940,391.68. Following the completion of the sale, the vice president directly owned 7,872 shares of the company’s stock, valued at $771,141.12. This trade represents a 71.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Julie G. Duffy sold 19,857 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $98.70, for a total transaction of $1,959,885.90. Following the sale, the executive vice president directly owned 37,039 shares in the company, valued at $3,655,749.30. The trade was a 34.90% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 304,473 shares of company stock valued at $29,976,723. 1.90% of the stock is currently owned by insiders.

Institutional Trading of Textron

Several hedge funds have recently added to or reduced their stakes in TXT. Envestnet Asset Management Inc. increased its stake in shares of Textron by 10.3% during the third quarter. Envestnet Asset Management Inc. now owns 166,532 shares of the aerospace company’s stock valued at $14,070,000 after purchasing an additional 15,550 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in shares of Textron by 6.0% during the third quarter. Robeco Institutional Asset Management B.V. now owns 695,962 shares of the aerospace company’s stock valued at $58,802,000 after purchasing an additional 39,389 shares in the last quarter. CWA Asset Management Group LLC purchased a new stake in shares of Textron during the 4th quarter valued at about $1,988,000. Rakuten Investment Management Inc. purchased a new stake in Textron in the third quarter worth approximately $5,018,000. Finally, Baxter Bros Inc. grew its holdings in shares of Textron by 45.8% in the third quarter. Baxter Bros Inc. now owns 39,865 shares of the aerospace company’s stock worth $3,368,000 after acquiring an additional 12,530 shares during the period. 86.03% of the stock is owned by institutional investors.

Textron News Roundup

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.