431,986 Shares in Textron Inc. $TXT Purchased by Mitsubishi UFJ Asset Management Co. Ltd.

Key Points

• Mitsubishi UFJ Asset Management purchased 431,986 Textron shares worth approximately $39.6 million, acquiring a 0.25% stake. Institutional investors collectively own 86.03% of the company.
• Analyst sentiment remains positive but mixed, with Textron carrying a “Moderate Buy” consensus rating and an average price target of $102.44; recent targets range from $95 to $105.
• Textron exceeded quarterly earnings and revenue expectations, reporting $1.62 EPS on $3.83 billion in revenue, while year-over-year revenue increased 3%. The company reaffirmed fiscal 2026 EPS guidance of $6.40–$6.60.

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Textron Inc. (NYSE:TXT - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 431,986 shares of the aerospace company's stock, valued at approximately $39,626,000. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.25% of Textron at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Textron by 13.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,522 shares of the aerospace company's stock worth $1,049,000 after buying an additional 1,709 shares during the period. Empowered Funds LLC grew its stake in Textron by 6.3% in the 1st quarter. Empowered Funds LLC now owns 21,397 shares of the aerospace company's stock valued at $1,546,000 after acquiring an additional 1,265 shares during the period. Focus Partners Wealth grew its stake in Textron by 18.0% in the 1st quarter. Focus Partners Wealth now owns 4,814 shares of the aerospace company's stock valued at $348,000 after acquiring an additional 735 shares during the period. Sivia Capital Partners LLC purchased a new stake in Textron in the 2nd quarter worth $453,000. Finally, Baird Financial Group Inc. raised its position in Textron by 15.3% during the second quarter. Baird Financial Group Inc. now owns 19,171 shares of the aerospace company's stock worth $1,539,000 after acquiring an additional 2,548 shares during the period. 86.03% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently issued reports on TXT shares. Wall Street Zen lowered shares of Textron from a "buy" rating to a "hold" rating in a research report on Saturday, August 1st. UBS Group reaffirmed a "neutral" rating and issued a $95.00 price target on shares of Textron in a research note on Wednesday, July 29th. TD Cowen lowered 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. Morgan Stanley set a $98.00 price objective on Textron in a research note on Wednesday, July 29th. Finally, Weiss Ratings upgraded Textron from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $102.44.

Textron Price Performance

Shares of NYSE TXT opened at $86.26 on Thursday. The firm has a 50-day simple moving average of $90.04 and a 200-day simple moving average of $91.49. The company has a quick ratio of 0.85, a current ratio of 1.86 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $14.84 billion, a price-to-earnings ratio of 16.28, a price-to-earnings-growth ratio of 1.27 and a beta of 0.91. Textron Inc. has a 52 week low of $78.12 and a 52 week high of $101.57.

Textron (NYSE:TXT - Get Free Report) last posted 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 net margin of 6.12% and a return on equity of 14.30%. The firm had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.81 billion. During the same period in the previous year, the business posted $1.55 earnings per share. Textron's quarterly 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, equities analysts predict that Textron Inc. 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. Stockholders of record on Friday, September 11th will be given a $0.02 dividend. The ex-dividend date is Friday, September 11th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.1%. Textron's dividend payout ratio is 1.51%.

Textron 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.

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