Textron (NYSE:TXT) Issues FY 2025 Earnings Guidance

Key Points

• Textron has issued FY 2025 earnings guidance with an EPS forecast of 6.000-6.200, slightly below the consensus estimate of 6.130.
• The company reported a 5.4% year-over-year revenue increase to $3.72 billion and beat analysts' quarterly EPS estimates by $0.10.
• Textron recently declared a quarterly dividend of $0.02 per share, resulting in a low annualized yield of 0.1%.

Textron (NYSE:TXT - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 6.000-6.200 for the period, compared to the consensus EPS estimate of 6.130. The company issued revenue guidance of -.

Textron Trading Down 0.6%

Textron stock opened at $82.51 on Thursday. Textron has a 52-week low of $57.70 and a 52-week high of $89.28. The company has a market cap of $14.70 billion, a P/E ratio of 18.67, a P/E/G ratio of 1.35 and a beta of 1.13. The company has a quick ratio of 0.84, a current ratio of 1.84 and a debt-to-equity ratio of 0.45. The business has a 50-day simple moving average of $82.30 and a two-hundred day simple moving average of $77.76.

Textron (NYSE:TXT - Get Free Report) last announced its earnings results on Thursday, July 24th. The aerospace company reported $1.55 EPS for the quarter, beating analysts' consensus estimates of $1.45 by $0.10. Textron had a net margin of 5.80% and a return on equity of 14.26%. The business had revenue of $3.72 billion during the quarter, compared to analysts' expectations of $3.64 billion. During the same period in the prior year, the company earned $1.54 earnings per share. The firm's revenue was up 5.4% on a year-over-year basis. Analysts predict that Textron will post 6.12 EPS for the current year.

Textron Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 1st. Investors of record on Friday, December 12th will be given a dividend of $0.02 per share. The ex-dividend date is Friday, December 12th. This represents a $0.08 annualized dividend and a yield of 0.1%. Textron's payout ratio is 1.81%.

Analysts Set New Price Targets

A number of brokerages have commented on TXT. Wall Street Zen cut Textron from a "strong-buy" rating to a "buy" rating in a research report on Sunday. Morgan Stanley increased their target price on shares of Textron from $71.00 to $86.00 and gave the stock an "equal weight" rating in a report on Thursday, July 17th. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $85.00 price target (down previously from $95.00) on shares of Textron in a report on Tuesday, July 1st. Susquehanna upped their price target on shares of Textron from $90.00 to $95.00 and gave the stock a "positive" rating in a research report on Friday, July 25th. Finally, Barclays raised their price objective on shares of Textron from $95.00 to $105.00 and gave the company an "overweight" rating in a research report on Tuesday, July 29th. Six analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $92.45.

Insiders Place Their Bets

In other Textron news, EVP Julie G. Duffy sold 28,543 shares of Textron stock in a transaction on Friday, July 25th. The shares were sold at an average price of $79.37, for a total value of $2,265,457.91. Following the sale, the executive vice president directly owned 37,624 shares in the company, valued at approximately $2,986,216.88. The trade was a 43.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.70% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Textron in the second quarter worth about $356,000. State of Wyoming raised its holdings in shares of Textron by 191.2% during the 2nd quarter. State of Wyoming now owns 4,910 shares of the aerospace company's stock worth $394,000 after acquiring an additional 3,224 shares in the last quarter. Nomura Holdings Inc. boosted its position in shares of Textron by 173.8% during the 2nd quarter. Nomura Holdings Inc. now owns 15,796 shares of the aerospace company's stock valued at $1,268,000 after acquiring an additional 10,026 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of Textron by 18.8% in the second quarter. Geneos Wealth Management Inc. now owns 998 shares of the aerospace company's stock valued at $80,000 after purchasing an additional 158 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co grew its holdings in shares of Textron by 10.1% in the second quarter. CANADA LIFE ASSURANCE Co now owns 76,390 shares of the aerospace company's stock valued at $6,138,000 after purchasing an additional 7,004 shares in the last quarter. Hedge funds and other institutional investors own 86.03% of the company's stock.

About Textron

Textron Inc operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates through six segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance. The Textron Aviation segment manufactures, sells, and services business jets, turboprop and piston engine aircraft, and military trainer and defense aircraft; and offers maintenance, inspection, and repair services, as well as sells commercial parts.

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