Textron (NYSE:TXT) Director Sells $234,307.53 in Stock

Key Points

• Director R Kerry Clark sold 2,517 shares on May 6 at an average price of $93.09 for a total of $234,307.53, trimming his stake by 22.62% to 8,611 shares.
• Textron beat Q1 expectations, reporting $1.45 EPS vs. $1.30 expected and revenue of $3.70 billion (up 11.8% year-over-year), and set FY2026 guidance of $6.40–$6.60 per share (consensus ~6.58).
• The stock traded near $91.54 with a market cap of $15.92 billion and a P/E of 17.5, and the company announced a quarterly dividend of $0.02 per share (0.1% yield).

Textron Inc. (NYSE:TXT - Get Free Report) Director R Kerry Clark sold 2,517 shares of the firm's stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $93.09, for a total value of $234,307.53. Following the completion of the transaction, the director owned 8,611 shares of the company's stock, valued at approximately $801,597.99. This represents a 22.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Textron Price Performance

NYSE TXT traded down $1.55 during trading hours on Thursday, hitting $91.54. The company had a trading volume of 1,192,306 shares, compared to its average volume of 1,664,444. Textron Inc. has a 52 week low of $70.52 and a 52 week high of $101.57. The firm has a 50 day simple moving average of $91.71 and a 200 day simple moving average of $89.17. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.87 and a current ratio of 1.84. The firm has a market capitalization of $15.92 billion, a price-to-earnings ratio of 17.50, a PEG ratio of 1.37 and a beta of 0.93.

Textron (NYSE:TXT - Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The aerospace company reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.15. Textron had a return on equity of 14.56% and a net margin of 6.15%.The firm had revenue of $3.70 billion for the quarter, compared to analysts' expectations of $3.50 billion. During the same quarter last year, the firm posted $1.28 EPS. The company's revenue was up 11.8% compared to the same quarter last year. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. Equities research analysts expect that Textron Inc. will post 6.58 earnings per share for the current year.

Textron Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Friday, June 12th will be given a dividend of $0.02 per share. The ex-dividend date is Friday, June 12th. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. Textron's dividend payout ratio is 1.53%.

Institutional Trading of Textron

Large investors have recently modified their holdings of the company. Wilkerson Advisory Group LLC bought a new stake in shares of Textron in the fourth quarter worth $26,000. Activest Wealth Management grew its holdings in shares of Textron by 3,255.6% in the fourth quarter. Activest Wealth Management now owns 302 shares of the aerospace company's stock worth $26,000 after acquiring an additional 293 shares during the period. Cedar Mountain Advisors LLC bought a new stake in shares of Textron in the first quarter worth $29,000. Elyxium Wealth LLC bought a new stake in shares of Textron in the fourth quarter worth $30,000. Finally, Strive Financial Group LLC bought a new stake in shares of Textron in the fourth quarter worth $31,000. Institutional investors own 86.03% of the company's stock.

Wall Street Analyst Weigh In

TXT has been the topic of several recent research reports. Citigroup increased their price objective on Textron from $97.00 to $99.00 and gave the company a "neutral" rating in a research report on Thursday, April 2nd. Morgan Stanley set a $109.00 price objective on Textron in a research report on Monday. Wells Fargo & Company began coverage on Textron in a research report on Wednesday, April 1st. They set an "equal weight" rating and a $92.00 price target on the stock. TD Cowen upgraded Textron from a "hold" rating to a "buy" rating in a research report on Thursday, April 30th. Finally, Freedom Capital upgraded Textron to a "strong-buy" rating in a research report on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $101.18.

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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