Textron (NYSE:TXT) Sets New 12-Month Low - What's Next?

Key Points

• Textron shares hit a new 52-week low of $78.11, down 1.6%, and remain below their 50-day and 200-day moving averages.
• Analysts have broadly adopted a cautious stance: Textron has an average “Hold” rating and a consensus price target of $102.44, despite targets ranging as high as $105.
• The company recently exceeded quarterly earnings and revenue expectations, reporting $1.62 EPS on $3.83 billion in revenue, while maintaining fiscal 2026 EPS guidance of $6.40–$6.60.

Shares of Textron Inc. (NYSE:TXT - Get Free Report) reached a new 52-week low on Tuesday . The stock traded as low as $78.11 and last traded at $78.17, with a volume of 659810 shares trading hands. The stock had previously closed at $79.41.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. TD Cowen reduced their price target on Textron from $115.00 to $105.00 and set a "hold" rating for the company in a research report on Monday, July 13th. Weiss Ratings downgraded Textron from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday. UBS Group reissued a "neutral" rating and set a $95.00 target price on shares of Textron in a report on Wednesday, July 29th. Wall Street Zen cut Textron from a "buy" rating to a "hold" rating in a research report on Saturday, August 1st. Finally, Morgan Stanley set a $98.00 price objective on shares of Textron in a report on Wednesday, July 29th. One 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 company. According to MarketBeat, Textron has an average rating of "Hold" and an average target price of $102.44.

Textron Stock Down 1.6%

The company has a market capitalization of $13.45 billion, a price-to-earnings ratio of 14.75, a price-to-earnings-growth ratio of 1.16 and a beta of 0.90. The company has a current ratio of 1.86, a quick ratio of 0.85 and a debt-to-equity ratio of 0.43. The firm's fifty day simple moving average is $85.42 and its two-hundred day simple moving average is $88.97.

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

Textron Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Friday, September 11th will be paid a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Friday, September 11th. Textron's payout ratio is 1.51%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Security National Bank of SO Dak acquired a new position in shares of Textron in the second quarter worth $30,000. Cedar Mountain Advisors LLC purchased a new stake in shares of Textron during the 1st quarter worth approximately $29,000. Elevation Wealth Partners LLC boosted its stake in Textron by 522.4% in the second quarter. Elevation Wealth Partners LLC now owns 361 shares of the aerospace company's stock valued at $33,000 after acquiring an additional 303 shares in the last quarter. Trust Co. of Vermont acquired a new stake in shares of Textron in the 2nd quarter valued at about $50,000. Finally, Root Financial Partners LLC grew its position in shares of Textron by 24.5% during the fourth quarter. Root Financial Partners LLC now owns 630 shares of the aerospace company's stock worth $55,000 after acquiring an additional 124 shares during the last quarter. 86.03% of the stock is currently owned by hedge funds and other institutional investors.

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.

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