Textron (NYSE:TXT) Price Target Raised to $105.00

Key Points

• JPMorgan raised its price target on Textron to $105 from $90 while keeping a "neutral" rating, implying roughly a 15.6% upside from current levels.
• Textron beat Q1 expectations with EPS of $1.45 versus $1.30 and revenue of $3.70B (up 11.8% YoY), and set FY2026 guidance at 6.400–6.600 EPS (street expects ~6.58).
• Shares traded down about 4.1% to $90.82; the consensus analyst target is $101.18 and coverage is mixed (1 Strong Buy, 5 Buy, 7 Hold, average "Moderate Buy").

Textron (NYSE:TXT - Get Free Report) had its target price lifted by research analysts at JPMorgan Chase & Co. from $90.00 to $105.00 in a report issued on Monday,Benzinga reports. The firm presently has a "neutral" rating on the aerospace company's stock. JPMorgan Chase & Co.'s target price would suggest a potential upside of 15.61% from the stock's current price.

Other research analysts have also recently issued research reports about the company. TD Cowen raised Textron from a "hold" rating to a "buy" rating in a research note on Thursday. Jefferies Financial Group reissued a "buy" rating on shares of Textron in a research note on Sunday. Citigroup increased their price objective on Textron from $97.00 to $99.00 and gave the stock a "neutral" rating in a research note on Thursday, April 2nd. Sanford C. Bernstein increased their price objective on Textron from $94.00 to $108.00 and gave the stock a "market perform" rating in a research note on Thursday, February 19th. Finally, Susquehanna reissued a "positive" rating and issued a $110.00 price objective on shares of Textron in a research note on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $101.18.

Textron Trading Down 4.1%

NYSE:TXT traded down $3.90 during midday trading on Monday, hitting $90.82. The stock had a trading volume of 1,637,836 shares, compared to its average volume of 1,680,213. Textron has a one year low of $69.46 and a one year high of $101.57. The company has a market capitalization of $15.81 billion, a price-to-earnings ratio of 17.37, a PEG ratio of 1.42 and a beta of 0.93. The stock has a 50-day moving average of $92.01 and a 200 day moving average of $89.02. The company has a quick ratio of 0.87, a current ratio of 1.84 and a debt-to-equity ratio of 0.43.

Textron (NYSE:TXT - Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The aerospace company reported $1.45 earnings per share (EPS) for the quarter, topping 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 company had revenue of $3.70 billion for the quarter, compared to analysts' expectations of $3.50 billion. During the same quarter in the prior year, the firm earned $1.28 earnings per share. Textron'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. As a group, sell-side analysts forecast that Textron will post 6.58 EPS for the current year.

Insider Buying and Selling at Textron

In other Textron news, EVP E Robert Lupone sold 28,056 shares of the stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $98.84, for a total transaction of $2,773,055.04. Following the sale, the executive vice president owned 103,991 shares of the company's stock, valued at approximately $10,278,470.44. This trade represents a 21.25% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Mark S. Bamford sold 19,808 shares of the stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $97.96, for a total value of $1,940,391.68. Following the sale, the vice president directly owned 7,872 shares in the company, valued at $771,141.12. This trade represents a 71.56% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 304,473 shares of company stock worth $29,976,723. 1.90% of the stock is currently owned by company insiders.

Institutional Trading of Textron

A number of institutional investors have recently made changes to their positions in the business. Chicago Partners Investment Group LLC boosted its position in shares of Textron by 33.2% in the 1st quarter. Chicago Partners Investment Group LLC now owns 11,186 shares of the aerospace company's stock worth $1,001,000 after purchasing an additional 2,790 shares in the last quarter. Arbejdsmarkedets Tillaegspension acquired a new stake in shares of Textron in the 1st quarter worth $24,492,000. Teachers Retirement System of The State of Kentucky boosted its position in shares of Textron by 4.2% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 323,869 shares of the aerospace company's stock worth $28,358,000 after purchasing an additional 13,000 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in shares of Textron in the 1st quarter worth $4,399,000. Finally, Carnegie Investment Counsel boosted its position in shares of Textron by 21.3% in the 1st quarter. Carnegie Investment Counsel now owns 4,483 shares of the aerospace company's stock worth $393,000 after purchasing an additional 787 shares in the last quarter. Institutional investors and hedge funds own 86.03% of the company's stock.

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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