UBS Group Upgrades Textron (NYSE:TXT) to "Strong-Buy"

Key Points

• UBS upgraded Textron to a "strong-buy" from "hold", joining a mixed analyst landscape (2 Strong Buy, 4 Buy, 7 Hold) that yields a consensus "Moderate Buy" and a $101.18 price target.
• Textron beat quarterly expectations, reporting $1.45 EPS vs. $1.30 expected and $3.70B revenue vs. $3.50B, and set FY2026 guidance of $6.40–$6.60 EPS (analysts forecast ~6.58).
• Company insiders have been net sellers recently—304,473 shares (~$29.98M) sold in the last 90 days—leaving insiders with just 1.90% ownership, while institutions hold ~86% of the stock.

Textron (NYSE:TXT - Get Free Report) was upgraded by investment analysts at UBS Group from a "hold" rating to a "strong-buy" rating in a research report issued on Monday,Zacks.com reports.

Several other analysts also recently weighed in on TXT. Wells Fargo & Company started coverage on Textron in a research note on Wednesday, April 1st. They set an "equal weight" rating and a $92.00 target price on the stock. Sanford C. Bernstein lifted their target price on Textron from $94.00 to $108.00 and gave the company a "market perform" rating in a research note on Thursday, February 19th. Weiss Ratings downgraded Textron from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday, April 15th. Wall Street Zen downgraded Textron from a "strong-buy" rating to a "buy" rating in a research note on Friday, January 23rd. Finally, JPMorgan Chase & Co. lifted their target price on Textron from $90.00 to $105.00 and gave the company a "neutral" rating in a research note on Monday. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and seven have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Textron currently has an average rating of "Moderate Buy" and a consensus price target of $101.18.

Textron Stock Down 4.1%

Shares of Textron stock opened at $90.82 on Monday. The business's fifty day moving average price is $92.01 and its two-hundred day moving average price is $89.02. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.84 and a quick ratio of 0.87. The company has a market capitalization of $15.81 billion, a P/E ratio of 17.37, a PEG ratio of 1.42 and a beta of 0.93. Textron has a 1-year low of $69.46 and a 1-year high of $101.57.

Textron (NYSE:TXT - Get Free Report) last announced its 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. The firm had revenue of $3.70 billion for the quarter, compared to the consensus estimate of $3.50 billion. Textron had a return on equity of 14.56% and a net margin of 6.15%.The firm's revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.28 EPS. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. As a group, research analysts forecast that Textron will post 6.58 EPS for the current year.

Insider Activity at Textron

In other news, VP Mark S. Bamford sold 19,808 shares of the business's stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $97.96, for a total transaction of $1,940,391.68. Following the sale, the vice president directly owned 7,872 shares of the company's stock, valued at $771,141.12. The trade was a 71.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Julie G. Duffy sold 19,857 shares of the business's stock in a transaction on Friday, February 13th. The stock was sold at an average price of $98.70, for a total value of $1,959,885.90. Following the sale, the executive vice president directly owned 37,039 shares in the company, valued at $3,655,749.30. This trade represents a 34.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 304,473 shares of company stock valued at $29,976,723 over the last ninety days. Company insiders own 1.90% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. State Street Corp grew its holdings in shares of Textron by 2.6% during the fourth quarter. State Street Corp now owns 9,464,324 shares of the aerospace company's stock valued at $825,193,000 after buying an additional 244,017 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Textron by 1.7% during the third quarter. Invesco Ltd. now owns 8,270,901 shares of the aerospace company's stock valued at $698,808,000 after buying an additional 140,713 shares in the last quarter. Boston Partners grew its holdings in shares of Textron by 0.9% during the third quarter. Boston Partners now owns 7,257,533 shares of the aerospace company's stock valued at $613,327,000 after buying an additional 66,747 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Textron by 51.1% during the fourth quarter. AQR Capital Management LLC now owns 5,357,182 shares of the aerospace company's stock valued at $466,986,000 after buying an additional 1,811,787 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Textron by 18.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,551,781 shares of the aerospace company's stock valued at $222,455,000 after buying an additional 405,314 shares in the last quarter. Hedge funds and other institutional investors 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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