Focus Partners Advisor Solutions LLC Purchases Shares of 12,010 Textron Inc. $TXT

Key Points

• Focus Partners Advisor Solutions acquired 12,010 Textron shares worth approximately $1.1 million in the second quarter. Institutional investors and hedge funds collectively own 86.03% of Textron’s outstanding stock.
• Textron exceeded quarterly expectations, reporting $1.62 in EPS and $3.83 billion in revenue, while revenue rose 3% year over year. The company reaffirmed fiscal 2026 EPS guidance of $6.40–$6.60.
• Analysts maintain a generally positive view, with a consensus rating of “Moderate Buy” and an average price target of $102.44 versus the stock’s reported price of $89.09. Textron also announced a quarterly dividend of $0.02 per share.

Focus Partners Advisor Solutions LLC purchased a new stake in Textron Inc. (NYSE:TXT - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 12,010 shares of the aerospace company's stock, valued at approximately $1,102,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. State Street Corp lifted its position in shares of Textron by 2.6% during the 4th quarter. State Street Corp now owns 9,464,324 shares of the aerospace company's stock worth $825,193,000 after purchasing an additional 244,017 shares during the last quarter. Invesco Ltd. grew its holdings in Textron by 1.7% in the 3rd quarter. Invesco Ltd. now owns 8,270,901 shares of the aerospace company's stock valued at $698,808,000 after buying an additional 140,713 shares during the last quarter. Boston Partners grew its holdings in Textron by 0.9% in the 3rd quarter. Boston Partners now owns 7,257,533 shares of the aerospace company's stock valued at $613,327,000 after buying an additional 66,747 shares during the last quarter. AQR Capital Management LLC increased its position in Textron by 51.1% in the 4th quarter. AQR Capital Management LLC now owns 5,357,182 shares of the aerospace company's stock worth $466,986,000 after buying an additional 1,811,787 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Textron by 18.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,551,781 shares of the aerospace company's stock worth $222,455,000 after buying an additional 405,314 shares during the last quarter. 86.03% of the stock is currently owned by institutional investors and hedge funds.

Textron Stock Performance

TXT opened at $89.09 on Monday. The stock's 50 day simple moving average is $90.33 and its 200-day simple moving average is $91.55. The company has a current ratio of 1.86, a quick ratio of 0.85 and a debt-to-equity ratio of 0.43. The stock has a market cap of $15.32 billion, a PE ratio of 16.81, a P/E/G ratio of 1.29 and a beta of 0.91. Textron Inc. has a 1 year low of $78.12 and a 1 year high of $101.57.

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

Textron Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Friday, September 11th will be given a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Friday, September 11th. Textron's payout ratio is 1.51%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on TXT shares. Weiss Ratings raised Textron from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, July 13th. JPMorgan Chase & Co. upped their target price on shares of Textron from $90.00 to $105.00 and gave the company a "neutral" rating in a research note on Monday, May 4th. UBS Group reiterated a "neutral" rating and set a $95.00 target price on shares of Textron in a research note on Wednesday, July 29th. Morgan Stanley set a $98.00 price target on shares of Textron in a research report on Wednesday, July 29th. Finally, TD Cowen dropped their price objective on shares of Textron from $115.00 to $105.00 and set a "hold" rating on the stock in a report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $102.44.

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.

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