UBS Group AG Sells 139,711 Shares of Textron Inc. $TXT

Key Points

• UBS Group AG cut its stake in Textron by 15.0%, selling 139,711 shares and leaving it with 790,542 shares worth about $68.9 million (0.45% of the company) at quarter-end.
• Textron beat quarterly expectations with $1.45 EPS vs. $1.30 expected and $3.70 billion revenue vs. $3.50 billion expected, and set FY2026 guidance of 6.400–6.600 EPS (analysts average 6.58).
• Insiders sold heavily last quarter — including CEO and EVP transactions — totaling 304,473 shares worth about $29.98 million, while institutional investors own roughly 86.0% of the stock and insiders about 1.9%.

UBS Group AG cut its stake in Textron Inc. (NYSE:TXT - Free Report) by 15.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 790,542 shares of the aerospace company's stock after selling 139,711 shares during the period. UBS Group AG owned 0.45% of Textron worth $68,912,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of TXT. Envestnet Asset Management Inc. increased its position in shares of Textron by 10.3% in the third quarter. Envestnet Asset Management Inc. now owns 166,532 shares of the aerospace company's stock valued at $14,070,000 after buying an additional 15,550 shares in the last quarter. CWA Asset Management Group LLC purchased a new stake in Textron during the 4th quarter worth about $1,988,000. Robeco Institutional Asset Management B.V. increased its position in Textron by 6.0% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 695,962 shares of the aerospace company's stock worth $58,802,000 after purchasing an additional 39,389 shares in the last quarter. Rakuten Investment Management Inc. purchased a new stake in Textron during the 3rd quarter worth about $5,018,000. Finally, Citizens Financial Group Inc. RI purchased a new stake in Textron during the 3rd quarter worth about $1,078,000. 86.03% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently commented on TXT shares. TD Cowen upgraded Textron from a "hold" rating to a "buy" rating in a research report on Thursday, April 30th. Freedom Capital upgraded Textron to a "strong-buy" rating in a research report on Friday, January 16th. Wall Street Zen cut Textron from a "strong-buy" rating to a "buy" rating in a research report on Friday, January 23rd. Wells Fargo & Company started coverage on Textron in a research report on Wednesday, April 1st. They set an "equal weight" rating and a $92.00 price objective for the company. Finally, UBS Group lifted their price objective on Textron from $99.00 to $100.00 and gave the stock a "buy" rating in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and seven have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $101.18.

Insider Transactions at Textron

In other Textron news, CEO Lisa M. Atherton sold 7,600 shares of the firm's stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $98.68, for a total value of $749,968.00. Following the sale, the chief executive officer directly owned 29,473 shares of the company's stock, valued at approximately $2,908,395.64. This trade represents a 20.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Julie G. Duffy sold 19,857 shares of the firm's stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $98.70, for a total value of $1,959,885.90. Following the completion of the sale, the executive vice president directly owned 37,039 shares in the company, valued at approximately $3,655,749.30. The trade was a 34.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 304,473 shares of company stock worth $29,976,723 in the last quarter. 1.90% of the stock is currently owned by corporate insiders.

Textron Stock Down 4.1%

Shares of NYSE:TXT opened at $90.82 on Tuesday. The stock's 50-day moving average price is $92.01 and its two-hundred day moving average price is $89.02. The company has a current ratio of 1.84, a quick ratio of 0.87 and a debt-to-equity ratio of 0.43. Textron Inc. has a 12-month low of $69.46 and a 12-month high of $101.57. The firm has a market cap of $15.81 billion, a price-to-earnings ratio of 17.37, a PEG ratio of 1.42 and a beta of 0.93.

Textron (NYSE:TXT - Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The aerospace company reported $1.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.30 by $0.15. Textron had a return on equity of 14.56% and a net margin of 6.15%.The firm had revenue of $3.70 billion for the quarter, compared to analyst estimates of $3.50 billion. During the same period last year, the company earned $1.28 EPS. The firm's quarterly revenue was up 11.8% on a year-over-year basis. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. On average, research analysts forecast that Textron Inc. will post 6.58 EPS for the current year.

Textron Dividend Announcement

The firm 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. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Friday, June 12th. Textron's dividend payout ratio (DPR) is presently 1.53%.

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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