Textron Inc. (NYSE:TXT) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• Analyst consensus is “Moderate Buy” across 10 firms, with six holds, three buys and one strong buy. The average 12-month price target is $102.44, above Textron’s reported opening price of $81.89.
• Textron exceeded quarterly expectations, posting $1.62 in EPS versus the $1.55 consensus and $3.83 billion in revenue, up 3% year over year. The company’s fiscal 2026 EPS guidance is $6.40–$6.60.
• The company declared a quarterly dividend of $0.02, equivalent to an annualized $0.08 payout and a 0.1% yield. Institutional investors and hedge funds own approximately 86.03% of Textron’s shares.

Shares of Textron Inc. (NYSE:TXT - Get Free Report) have earned an average recommendation of "Moderate Buy" from the ten research firms that are presently covering the firm, Marketbeat.com reports. Six research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $102.4444.

TXT has been the subject of several recent research reports. UBS Group restated a "neutral" rating and set a $95.00 target price on shares of Textron in a report on Wednesday, July 29th. TD Cowen lowered their price target on shares of Textron from $115.00 to $105.00 and set a "hold" rating on the stock in a research note on Monday, July 13th. Wall Street Zen cut shares of Textron from a "buy" rating to a "hold" rating in a research report on Saturday, August 1st. Morgan Stanley set a $98.00 price target on shares of Textron in a research report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. raised their price target on Textron from $90.00 to $105.00 and gave the company a "neutral" rating in a research note on Monday, May 4th.

Textron Stock Down 0.3%

Shares of Textron stock opened at $81.89 on Wednesday. The firm has a market cap of $14.08 billion, a PE ratio of 15.45, a P/E/G ratio of 1.19 and a beta of 0.91. The business's 50 day simple moving average is $89.19 and its 200 day simple moving average is $91.33. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.85 and a current ratio of 1.86. Textron has a 52-week low of $78.12 and a 52-week high of $101.57.

Textron (NYSE:TXT - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The aerospace company reported $1.62 earnings per share for the quarter, topping analysts' consensus estimates of $1.55 by $0.07. Textron had a return on equity of 14.30% and a net margin of 6.12%.The firm had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.81 billion. During the same quarter in the prior year, the firm posted $1.55 EPS. The business's revenue was up 3.0% on a year-over-year basis. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. On average, analysts predict that Textron will post 6.5 earnings per share for the current fiscal year.

Textron Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Friday, September 11th will be paid a $0.02 dividend. The ex-dividend date is Friday, September 11th. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. Textron's dividend payout ratio is 1.51%.

Institutional Trading of Textron

Several hedge funds have recently added to or reduced their stakes in TXT. California State Teachers Retirement System lifted its holdings in shares of Textron by 10,479.0% during the second quarter. California State Teachers Retirement System now owns 24,248,550 shares of the aerospace company's stock worth $2,224,319,000 after buying an additional 24,019,337 shares in the last quarter. BlackRock Inc. acquired a new stake in shares of Textron during the 2nd quarter worth approximately $1,434,125,000. AQR Capital Management LLC increased its stake in shares of Textron by 51.1% in the 4th quarter. AQR Capital Management LLC now owns 5,357,182 shares of the aerospace company's stock valued at $466,986,000 after purchasing an additional 1,811,787 shares during the last quarter. Primecap Management Co. CA bought a new position in shares of Textron in the second quarter worth about $111,723,000. Finally, Bank of New York Mellon Corp acquired a new stake in Textron in the second quarter valued at approximately $105,946,000. 86.03% of the stock is owned by institutional investors and hedge funds.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source