Textron (NYSE:TXT) Reaches New 52-Week Low - Time to Sell?

Key Points

• Textron shares hit a new 52-week low of $75.51 and remain below their 50-day and 200-day moving averages, signaling recent weakness.
• Analyst sentiment is cautious: the stock has a consensus “Hold” rating and a $102.44 average price target, despite recent downgrades and target-price cuts.
• Textron exceeded quarterly earnings and revenue expectations, reporting $1.62 in EPS on $3.83 billion in revenue, while maintaining fiscal 2026 EPS guidance of $6.40–$6.60.

Textron Inc. (NYSE:TXT - Get Free Report)'s share price reached a new 52-week low on Monday. The stock traded as low as $75.51 and last traded at $76.75, with a volume of 46965 shares changing hands. The stock had previously closed at $76.59.

Wall Street Analyst Weigh In

TXT has been the topic of a number of research analyst reports. Wall Street Zen lowered shares of Textron from a "buy" rating to a "hold" rating in a report on Saturday, August 1st. Weiss Ratings lowered shares of Textron from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, September 18th. UBS Group reiterated a "neutral" rating and set a $95.00 target price on shares of Textron in a report on Wednesday, July 29th. Morgan Stanley set a $98.00 price target on Textron in a research note on Wednesday, July 29th. Finally, TD Cowen cut their price target on Textron from $115.00 to $105.00 and set a "hold" rating on the stock in a report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and seven have given a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $102.44.

Textron Trading Up 0.8%

The business's 50 day simple moving average is $84.36 and its 200 day simple moving average is $88.42. The stock has a market cap of $13.27 billion, a price-to-earnings ratio of 14.60, a PEG ratio of 1.11 and a beta of 0.90. The company has a quick ratio of 0.85, a current ratio of 1.86 and a debt-to-equity ratio of 0.43.

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

Textron Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Friday, September 11th will be given a dividend of $0.02 per share. 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, September 11th. Textron's payout ratio is 1.51%.

Institutional Trading of Textron

A number of hedge funds have recently made changes to their positions in TXT. BlackRock Inc. acquired a new position in shares of Textron during the 2nd quarter worth approximately $1,434,125,000. State Street Corp lifted its holdings in Textron by 0.9% during the 2nd quarter. State Street Corp now owns 9,830,439 shares of the aerospace company's stock valued at $901,942,000 after purchasing an additional 86,141 shares during the last quarter. Primecap Management Co. CA acquired a new stake in Textron during the 2nd quarter valued at $111,723,000. Bank of New York Mellon Corp bought a new position in Textron during the second quarter worth $105,946,000. Finally, Goldman Sachs Group Inc. boosted its position in Textron by 22.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,191,811 shares of the aerospace company's stock worth $103,890,000 after purchasing an additional 218,201 shares during the period. 86.03% of the stock is owned by institutional investors and hedge funds.

About Textron

Textron Inc NYSE: TXT is a diversified industrial company that develops and manufactures aircraft, defense systems, specialized vehicles, and industrial products. Its portfolio includes businesses serving the aviation, defense, aerospace, and commercial sectors, with operations and customers in the United States and international markets.

Textron Aviation produces business jets, turboprop aircraft, and general aviation aircraft under brands including Beechcraft, Cessna, and Hawker. Bell designs and manufactures military and commercial helicopters, tiltrotor aircraft, and related support services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.