Textron (NYSE:TXT) Reaches New 1-Year Low - Here's Why

Key Points

• Textron shares fell to a new 52-week low of $75.42, trading below both their 50-day moving average of $82.44 and 200-day moving average of $87.79.
• Analyst sentiment is largely cautious: the stock carries an average “Hold” rating with a consensus price target of $102.44, despite targets ranging from $95 to $105 among recently cited firms.
• Textron’s latest quarterly results exceeded expectations, with EPS of $1.62 and revenue of $3.83 billion; the company maintained fiscal 2026 EPS guidance of $6.40–$6.60.

Textron Inc. (NYSE:TXT - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Tuesday. The stock traded as low as $75.42 and last traded at $75.41, with a volume of 301485 shares. The stock had previously closed at $75.75.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. UBS Group reaffirmed a "neutral" rating and set a $95.00 price objective on shares of Textron in a research report on Wednesday, July 29th. TD Cowen cut their price target on Textron from $115.00 to $105.00 and set a "hold" rating for the company in a report on Monday, July 13th. Wall Street Zen downgraded Textron from a "buy" rating to a "hold" rating in a research report on Saturday, August 1st. Weiss Ratings cut Textron from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, September 18th. Finally, Morgan Stanley set a $98.00 target price on Textron in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $102.44.

Textron Price Performance

The company has a debt-to-equity ratio of 0.43, a current ratio of 1.86 and a quick ratio of 0.85. The firm has a market capitalization of $12.98 billion, a P/E ratio of 14.24, a PEG ratio of 1.12 and a beta of 0.91. The company's 50 day moving average price is $82.44 and its 200 day moving average price is $87.79.

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

Textron Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Friday, September 11th were given a $0.02 dividend. The ex-dividend date of this dividend was Friday, September 11th. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. Textron's dividend payout ratio (DPR) is 1.51%.

Hedge Funds Weigh In On Textron

Several hedge funds and other institutional investors have recently made changes to their positions in TXT. BlackRock Inc. acquired a new position in Textron during the second quarter worth about $1,434,125,000. Primecap Management Co. CA acquired a new stake in shares of Textron in the 2nd quarter valued at approximately $111,723,000. Bank of New York Mellon Corp bought a new stake in shares of Textron during the 2nd quarter valued at approximately $105,946,000. Great Lakes Advisors LLC bought a new position in Textron in the 2nd quarter valued at approximately $81,224,000. Finally, Legal & General Group Plc acquired a new stake in Textron in the second quarter valued at approximately $78,431,000. 86.03% of the stock is owned by institutional investors.

Textron Company Profile

Textron Inc is a multi-industry company that develops and manufactures aircraft, defense systems, specialized vehicles, and industrial products. Its operations serve commercial, government, and consumer markets in the United States and internationally.

Through Textron Aviation, the company produces Cessna business jets, turboprop aircraft, and single-engine aircraft, as well as Beechcraft business and special-mission aircraft. Bell designs and manufactures military and commercial helicopters, tiltrotor aircraft, and related support services.

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