Textron (NYSE:TXT) Shares Cross Above Fifty Day Moving Average - Time to Sell?

Key Points

• Textron shares rose above their 50-day moving average, reaching $89.90 and last trading near $87.83, although the price remained below the 200-day average of $88.36.
• Third-quarter results exceeded expectations, with adjusted EPS of $1.76 versus the $1.43 consensus and revenue up 4.1% to $3.75 billion. The company also raised its 2026 adjusted EPS outlook to $6.55–$6.65 and increased its manufacturing cash-flow forecast.
• Despite stronger Aviation and improved defense prospects, Bell revenue declined 9%, and analysts remain cautious: Textron has a consensus “Hold” rating with a $99.11 target price after several firms lowered their targets.

Shares of Textron Inc. (NYSE:TXT - Get Free Report) crossed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $78.55 and traded as high as $89.90. Textron shares last traded at $87.8280, with a volume of 4,282,499 shares changing hands.

Textron News Roundup

Here are the key news stories impacting Textron this week:

• Positive Sentiment: Earnings beat expectations: Adjusted earnings were $1.76 per share, well above the $1.43 analyst consensus and up from $1.55 a year earlier. Revenue increased 4.1% year over year to $3.75 billion, broadly matching expectations. Textron Q3 Earnings Beat Estimates
• Positive Sentiment: Higher 2026 guidance: Textron raised its adjusted EPS outlook to $6.55-$6.65 and increased its manufacturing cash-flow forecast before pension contributions to $800 million-$900 million. The improved outlook gives investors greater confidence in earnings and cash generation. Textron Reports Third Quarter 2026 Results
• Positive Sentiment: Aviation performance strengthened: Textron Aviation revenue rose 14% to $1.68 billion, supported by 51 Citation jet deliveries versus 42 in the prior-year quarter. Investors viewed the delivery improvement as evidence of healthier demand in a key business. Why Textron Stock Popped
• Positive Sentiment: Defense visibility improved: Congressional approval related to the U.S. Army’s MV-75 Cheyenne request and contract modifications may support future defense revenue. Textron also reported stronger results at Textron Systems, while Bell announced an additional Bell 407GXi order from Global Medical Response. Textron Q3 2026 Earnings
• Neutral Sentiment: Textron declared its regular $0.02 quarterly dividend. Bell revenue declined 9% year over year, partially offsetting gains in Aviation and Systems.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on TXT shares. Citigroup cut their price objective on shares of Textron from $99.00 to $86.00 and set a "neutral" rating on the stock in a research report on Wednesday, October 7th. Weiss Ratings cut shares of Textron from a "hold (c+)" rating to a "hold (c)" rating in a research report on Tuesday. Wall Street Zen lowered shares of Textron from a "buy" rating to a "hold" rating in a report on Saturday, August 1st. UBS Group reaffirmed a "neutral" rating and set a $95.00 price target on shares of Textron in a research report on Wednesday, July 29th. Finally, Morgan Stanley decreased their price objective on Textron from $98.00 to $86.00 and set an "equal weight" rating for the company in a report on Friday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $99.11.

Textron Stock Performance

The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.85 and a current ratio of 1.86. The firm's 50 day simple moving average is $78.55 and its 200 day simple moving average is $88.36. The firm has a market capitalization of $15.11 billion, a price-to-earnings ratio of 16.57, a PEG ratio of 1.14 and a beta of 0.91.

Textron (NYSE:TXT - Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The aerospace company reported $1.76 EPS for the quarter, beating the consensus estimate of $1.43 by $0.33. The business had revenue of $3.75 billion for the quarter, compared to the consensus estimate of $3.77 billion. Textron had a net margin of 6.12% and a return on equity of 14.30%. The business's revenue for the quarter was up 4.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.55 EPS. Sell-side analysts forecast that Textron Inc. will post 6.51 earnings per share for the current fiscal year.

Textron Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 1st. Investors of record on Friday, December 11th will be given a dividend of $0.02 per share. The ex-dividend date is Friday, December 11th. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. Textron's payout ratio is currently 1.51%.

Institutional Investors Weigh In On Textron

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cedar Mountain Advisors LLC purchased a new position in shares of Textron during the 1st quarter valued at approximately $29,000. Security National Bank of SO Dak acquired a new position in shares of Textron in the 2nd quarter valued at $30,000. Elevation Wealth Partners LLC lifted its stake in shares of Textron by 522.4% in the 2nd quarter. Elevation Wealth Partners LLC now owns 361 shares of the aerospace company's stock valued at $33,000 after purchasing an additional 303 shares during the period. Trust Co. of Vermont purchased a new stake in Textron during the second quarter worth $50,000. Finally, Manning & Napier Advisors LLC purchased a new stake in Textron during the second quarter worth $121,000. 86.03% of the stock is owned by institutional investors and hedge funds.

Textron Company Profile

Textron Inc NYSE: TXT is a diversified industrial company that develops and manufactures aircraft, helicopters, specialized vehicles, defense systems and other industrial products. Founded in 1923 by Royal Little, the company has grown through the development and acquisition of businesses serving commercial, government and consumer markets.

Textron Aviation produces business jets, turboprop aircraft and general aviation aircraft under the Cessna and Beechcraft brands. 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.