32,139 Shares in Textron Inc. $TXT Bought by Nykredit A S

Key Points

• Nykredit A S acquired 32,139 Textron shares worth approximately $2.95 million during the second quarter, while other institutional investors also increased or initiated positions. Institutions now own 86.03% of Textron.
• Analyst sentiment remains cautious, with a consensus “Hold” rating and an average price target of $102.44; several firms recently lowered or maintained neutral ratings.
• Textron beat quarterly earnings expectations, reporting $1.62 in EPS and $3.83 billion in revenue, while forecasting fiscal 2026 EPS of $6.40–$6.60. The company also declared a quarterly dividend of $0.02 per share.

Nykredit A S acquired a new stake in shares of Textron Inc. (NYSE:TXT - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 32,139 shares of the aerospace company's stock, valued at approximately $2,948,000.

Several other large investors have also recently made changes to their positions in TXT. Amundi raised its position in shares of Textron by 6.1% during the 2nd quarter. Amundi now owns 135,965 shares of the aerospace company's stock valued at $12,472,000 after buying an additional 7,787 shares in the last quarter. HighTower Advisors LLC raised its position in shares of Textron by 1.5% in the 2nd quarter. HighTower Advisors LLC now owns 35,311 shares of the aerospace company's stock valued at $3,239,000 after purchasing an additional 514 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Textron during the second quarter worth about $35,958,000. Varenne Capital Partners acquired a new position in shares of Textron in the 2nd quarter valued at about $5,790,000. Finally, Wedmont Private Capital raised its position in shares of Textron by 4.0% in the second quarter. Wedmont Private Capital now owns 4,896 shares of the aerospace company's stock worth $445,000 after acquiring an additional 187 shares during the period. 86.03% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

TXT has been the topic of a number of research reports. TD Cowen decreased their price objective on Textron from $115.00 to $105.00 and set a "hold" rating on the stock in a report on Monday, July 13th. UBS Group reaffirmed a "neutral" rating and set a $95.00 price target on shares of Textron in a report on Wednesday, July 29th. Weiss Ratings downgraded shares of Textron from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday. Morgan Stanley set a $98.00 price objective on Textron in a research report on Wednesday, July 29th. Finally, Wall Street Zen downgraded Textron from a "buy" rating to a "hold" rating in a research report on Saturday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and seven have issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $102.44.

Textron Stock Performance

Textron stock opened at $77.86 on Wednesday. The company has a market capitalization of $13.39 billion, a price-to-earnings ratio of 14.69, a price-to-earnings-growth ratio of 1.15 and a beta of 0.90. The firm's fifty day moving average price is $85.18 and its 200 day moving average price is $88.82. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.86 and a quick ratio of 0.85. Textron Inc. has a 12-month low of $77.83 and a 12-month high of $101.57.

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

Textron Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders 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 annualized dividend and a dividend yield of 0.1%. Textron's dividend payout ratio (DPR) is presently 1.51%.

Textron Profile

Textron Inc NYSE: TXT is a diversified industrial company that develops and manufactures aircraft, defense systems, specialized vehicles, and industrial products. Its portfolio includes businesses serving the aviation, defense, aerospace, and commercial sectors, with operations and customers in the United States and international markets.

Textron Aviation produces business jets, turboprop aircraft, and general aviation aircraft under brands including Beechcraft, Cessna, and Hawker. Bell designs and manufactures military and commercial helicopters, tiltrotor aircraft, and related support services.

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