New York State Teachers Retirement System Purchases 15,159 Shares of Textron Inc. $TXT

Key Points

• New York State Teachers Retirement System raised its Textron stake by 10.7%, buying 15,159 shares to own 156,485 shares (about 0.09%) worth roughly $13.64 million.
• Q1 beat and guidance: Textron reported $1.45 EPS and $3.70 billion revenue (both above estimates), with revenue up 11.8% YoY and FY‑2026 EPS guidance of $6.40–$6.60.
• Strategic separation planned: Management intends to separate the Industrial segment within 12–18 months to focus on aerospace & defense, a potential value‑unlock but one that introduces execution and timing risk.

New York State Teachers Retirement System raised its position in Textron Inc. (NYSE:TXT - Free Report) by 10.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 156,485 shares of the aerospace company's stock after purchasing an additional 15,159 shares during the quarter. New York State Teachers Retirement System owned 0.09% of Textron worth $13,641,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. AQR Capital Management LLC boosted its position in shares of Textron by 144.1% during the second quarter. AQR Capital Management LLC now owns 2,664,612 shares of the aerospace company's stock worth $213,942,000 after buying an additional 1,573,206 shares during the period. Adage Capital Partners GP L.L.C. raised its position in Textron by 270.7% in the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 1,005,843 shares of the aerospace company's stock valued at $80,759,000 after buying an additional 734,478 shares during the last quarter. Balyasny Asset Management L.P. bought a new stake in Textron in the 3rd quarter valued at approximately $56,255,000. SG Americas Securities LLC lifted its stake in Textron by 8,087.0% in the 4th quarter. SG Americas Securities LLC now owns 429,492 shares of the aerospace company's stock valued at $37,439,000 after acquiring an additional 424,246 shares in the last quarter. Finally, Millennium Management LLC boosted its position in Textron by 56.2% during the 3rd quarter. Millennium Management LLC now owns 926,237 shares of the aerospace company's stock worth $78,258,000 after acquiring an additional 333,421 shares during the last quarter. 86.03% of the stock is currently owned by institutional investors.

Textron Stock Down 0.0%

NYSE:TXT opened at $94.71 on Monday. Textron Inc. has a twelve month low of $69.46 and a twelve month high of $101.57. The firm has a market capitalization of $16.49 billion, a price-to-earnings ratio of 18.11, a price-to-earnings-growth ratio of 1.42 and a beta of 0.93. The company has a quick ratio of 0.87, a current ratio of 1.84 and a debt-to-equity ratio of 0.43. The stock's 50 day moving average price is $92.01 and its two-hundred day moving average price is $89.02.

Textron (NYSE:TXT - Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The aerospace company reported $1.45 EPS for the quarter, beating the consensus estimate of $1.30 by $0.15. Textron had a return on equity of 14.56% and a net margin of 6.15%.The company had revenue of $3.70 billion during the quarter, compared to the consensus estimate of $3.50 billion. During the same quarter in the prior year, the firm posted $1.28 EPS. The firm's revenue for the quarter was up 11.8% compared to the same quarter last year. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. Equities research analysts expect that Textron Inc. will post 6.58 earnings per share for the current fiscal year.

Textron Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Friday, June 12th will be paid a $0.02 dividend. The ex-dividend date is Friday, June 12th. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. Textron's dividend payout ratio (DPR) is currently 1.53%.

Textron News Summary

Here are the key news stories impacting Textron this week:

• Positive Sentiment: Q1 results beat and revenue/earnings momentum — Textron reported stronger-than-expected Q1 revenue and EPS, with double-digit year-over-year revenue growth and updated FY‑2026 EPS guidance roughly in line with Street estimates; management emphasized defense and aviation demand. Press Release
• Positive Sentiment: Analyst upgrade — TD Cowen upgraded TXT from Hold to Buy, which can support share price and attract new buyers. The Fly
• Positive Sentiment: Insider buying — Director Thomas A. Kennedy purchased 10,300 shares at about $96, increasing his stake substantially; insider buys are often read as management confidence in near‑to‑midterm prospects. SEC Form 4
• Positive Sentiment: Business win in autonomous logistics — Bell (a Textron company) was selected as a partner for an uncrewed logistics program for the U.S. Marine Corps, underlining defense/technology demand. Financial Post
• Neutral Sentiment: Intent to separate Industrial segment — Management announced plans to separate the Industrial segment (sale or tax-free spinoff possible), aiming to create a purer aerospace & defense company and unlock value; this is strategic but creates near-term execution and structural questions. Business Wire
• Neutral Sentiment: Market/analysis coverage: deep dives and call takeaways — Multiple outlets and the earnings call highlighted defense momentum and industrial separation plans; these provide transparency but also emphasize timing (12–18 months) and steps ahead. MSN deep dive
• Negative Sentiment: Separation execution/timing risk — Coverage stresses the 12–18 month window and potential options (sale vs. tax-free spinoff); investors may sell into uncertainty about value realization, tax implications, and one‑time costs. Seeking Alpha

Analyst Ratings Changes

Several brokerages have recently weighed in on TXT. Susquehanna reaffirmed a "positive" rating and set a $110.00 price target on shares of Textron in a research note on Thursday, January 15th. Morgan Stanley set a $92.00 target price on shares of Textron in a report on Thursday, January 29th. Sanford C. Bernstein raised their target price on shares of Textron from $94.00 to $108.00 and gave the company a "market perform" rating in a research report on Thursday, February 19th. JPMorgan Chase & Co. lifted their price target on shares of Textron from $88.00 to $90.00 and gave the company a "neutral" rating in a research note on Thursday, January 29th. Finally, TD Cowen raised shares of Textron from a "hold" rating to a "buy" rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and eight have given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $98.18.

Insider Buying and Selling

In other news, VP Mark S. Bamford sold 19,808 shares of the company's stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $97.96, for a total value of $1,940,391.68. Following the sale, the vice president directly owned 7,872 shares of the company's stock, valued at approximately $771,141.12. This represents a 71.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Julie G. Duffy sold 19,857 shares of the firm's stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $98.70, for a total transaction of $1,959,885.90. Following the completion of the sale, the executive vice president owned 37,039 shares of the company's stock, valued at $3,655,749.30. This trade represents a 34.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 304,473 shares of company stock worth $29,976,723. Corporate insiders own 1.90% of the company's stock.

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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