Jefferies Financial Group Lowers Textron (NYSE:TXT) Price Target to $110.00

Key Points

• Jefferies Financial Group cut its price target on Textron from $115 to $110 but kept a buy rating, implying about a 25.6% upside from the current share price.
• Analyst coverage is mixed: MarketBeat shows a consensus rating of Hold with an average price target of $98.18 (1 Strong Buy, 4 Buy, 8 Hold).
• Significant insider selling occurred in February—Chairman Scott Donnelly sold 219,619 shares—and insiders sold roughly 304,473 shares worth about $29.98 million in the past quarter, with insiders owning ~1.9% of the company.

Textron (NYSE:TXT - Get Free Report) had its price objective dropped by analysts at Jefferies Financial Group from $115.00 to $110.00 in a note issued to investors on Tuesday,Benzinga reports. The firm presently has a "buy" rating on the aerospace company's stock. Jefferies Financial Group's price target would suggest a potential upside of 25.56% from the company's current price.

A number of other equities research analysts have also recently commented on the company. Weiss Ratings upgraded Textron from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Tuesday, February 10th. Wall Street Zen cut Textron from a "strong-buy" rating to a "buy" rating in a research note on Friday, January 23rd. Sanford C. Bernstein lifted their target price on Textron from $94.00 to $108.00 and gave the stock a "market perform" rating in a research note on Thursday, February 19th. Susquehanna reiterated a "positive" rating and set a $110.00 target price on shares of Textron in a research note on Thursday, January 15th. Finally, Morgan Stanley set a $92.00 price objective on Textron in a report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $98.18.

Textron Stock Down 1.1%

NYSE:TXT traded down $0.93 during trading hours on Tuesday, hitting $87.61. 941,884 shares of the company traded hands, compared to its average volume of 1,768,746. The company has a quick ratio of 0.99, a current ratio of 1.97 and a debt-to-equity ratio of 0.49. The firm's 50-day simple moving average is $93.26 and its 200-day simple moving average is $88.21. Textron has a one year low of $59.94 and a one year high of $101.57. The company has a market cap of $15.25 billion, a PE ratio of 17.14, a PEG ratio of 1.33 and a beta of 0.97.

Textron (NYSE:TXT - Get Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $1.73 earnings per share for the quarter, missing the consensus estimate of $1.74 by ($0.01). The company had revenue of $4.18 billion for the quarter, compared to the consensus estimate of $4.11 billion. Textron had a net margin of 6.22% and a return on equity of 14.63%. Textron's revenue was up 15.6% on a year-over-year basis. During the same quarter last year, the business posted $1.34 earnings per share. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. Equities analysts predict that Textron will post 6.12 earnings per share for the current year.

Insider Buying and Selling

In other Textron news, Chairman Scott C. Donnelly sold 219,619 shares of Textron stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $98.41, for a total transaction of $21,612,705.79. Following the completion of the transaction, the chairman owned 742,418 shares of the company's stock, valued at $73,061,355.38. The trade was a 22.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Julie G. Duffy sold 19,857 shares of Textron stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $98.70, for a total value of $1,959,885.90. Following the transaction, the executive vice president directly owned 37,039 shares of the company's stock, valued at $3,655,749.30. The trade was a 34.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 304,473 shares of company stock worth $29,976,723 in the last quarter. 1.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in TXT. True Wealth Design LLC grew its holdings in Textron by 388.5% during the 3rd quarter. True Wealth Design LLC now owns 298 shares of the aerospace company's stock valued at $25,000 after buying an additional 237 shares in the last quarter. Activest Wealth Management boosted its position in shares of Textron by 3,255.6% during the 4th quarter. Activest Wealth Management now owns 302 shares of the aerospace company's stock valued at $26,000 after acquiring an additional 293 shares during the last quarter. Wilkerson Advisory Group LLC bought a new stake in shares of Textron during the 4th quarter valued at about $26,000. Elyxium Wealth LLC bought a new stake in shares of Textron during the 4th quarter valued at about $30,000. Finally, Strive Financial Group LLC bought a new stake in shares of Textron during the 4th quarter valued at about $31,000. Hedge funds and other institutional investors own 86.03% of the company's stock.

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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