Textron Inc. (NYSE:TXT) Stock Has Consensus Target Price of $100.44 According to Analysts

Key Points

• Analysts have a “Moderate Buy” consensus on Textron, with three buy ratings, one strong-buy rating and six holds. The average 12-month price target is $100.44, implying potential upside from the reported $73.75 opening price.
• Textron reported quarterly EPS of $1.62, beating estimates of $1.55, while revenue rose 3% year over year to $3.83 billion. Analysts expect approximately $6.51 in EPS for the current fiscal year, within the company’s $6.40–$6.60 guidance range.
• Institutional investors own 86.03% of Textron’s stock, with BlackRock and other major firms establishing sizable positions. The company also pays a quarterly dividend of $0.02 per share, equivalent to a 0.1% annual yield.

Shares of Textron Inc. (NYSE:TXT - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the ten brokerages that are presently covering the company, Marketbeat reports. Six investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $100.44.

A number of brokerages have recently issued reports on TXT. Weiss Ratings downgraded shares of Textron from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, September 18th. Wall Street Zen lowered Textron from a "buy" rating to a "hold" rating in a report on Saturday, August 1st. UBS Group reaffirmed a "neutral" rating and set a $95.00 target price on shares of Textron in a research note on Wednesday, July 29th. TD Cowen lowered their target price on Textron from $105.00 to $100.00 and set a "buy" rating on the stock in a report on Friday, October 9th. Finally, Citigroup lowered their price target on shares of Textron from $99.00 to $86.00 and set a "neutral" rating on the stock in a research report on Wednesday, October 7th.

Textron Price Performance

TXT stock opened at $73.75 on Thursday. The company has a fifty day simple moving average of $80.58 and a two-hundred day simple moving average of $87.04. The firm has a market capitalization of $12.68 billion, a P/E ratio of 13.91, a price-to-earnings-growth ratio of 1.08 and a beta of 0.91. The company has a quick ratio of 0.85, a current ratio of 1.86 and a debt-to-equity ratio of 0.43. Textron has a 52 week low of $71.87 and a 52 week high of $101.57.

Textron (NYSE:TXT - Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The aerospace company reported $1.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.55 by $0.07. Textron had a net margin of 6.12% and a return on equity of 14.30%. The business had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.81 billion. During the same quarter last year, the firm earned $1.55 earnings per share. The firm's quarterly revenue was up 3.0% compared to the same quarter last year. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. Analysts anticipate that Textron will post 6.51 earnings per share for the current fiscal year.

Textron Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Friday, September 11th were paid a dividend of $0.02 per share. The ex-dividend date was 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 Investors Weigh In On Textron

Several hedge funds and other institutional investors have recently made changes to their positions in TXT. BlackRock Inc. acquired a new position in Textron in the 2nd quarter valued at $1,434,125,000. Primecap Management Co. CA acquired a new stake in Textron in the 2nd quarter worth about $111,723,000. Bank of New York Mellon Corp acquired a new stake in shares of Textron in the second quarter worth approximately $105,946,000. Great Lakes Advisors LLC acquired a new stake in shares of Textron in the second quarter worth approximately $81,224,000. Finally, Legal & General Group Plc purchased a new stake in Textron in the second quarter valued at approximately $78,431,000. Institutional investors and hedge funds own 86.03% of the company's stock.

Textron Company Profile

Textron Inc is a multi-industry company that develops and manufactures aircraft, defense systems, specialized vehicles, and industrial products. Its operations serve commercial, government, and consumer markets in the United States and internationally.

Through Textron Aviation, the company produces Cessna business jets, turboprop aircraft, and single-engine aircraft, as well as Beechcraft business and special-mission aircraft. Bell designs and manufactures military and commercial helicopters, tiltrotor aircraft, and related support services.

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