Zacks Research Has Positive Outlook for Textron Q3 Earnings

Key Points

• Zacks Research has raised its Q3 2026 earnings per share (EPS) estimate for Textron to $1.98, slightly up from the previous estimate of $1.97, and the full-year EPS consensus is at $6.12.
• Textron reported a Q2 EPS of $1.55, beating analysts' expectations, with a revenue of $3.72 billion that exceeded estimates.
• The company recently declared a quarterly dividend of $0.02 per share, with an annualized yield of 0.1% and a payout ratio of 1.81%.

Textron Inc. (NYSE:TXT - Free Report) - Equities research analysts at Zacks Research lifted their Q3 2026 earnings estimates for Textron in a research note issued on Tuesday, September 2nd. Zacks Research analyst Team now expects that the aerospace company will earn $1.98 per share for the quarter, up from their previous estimate of $1.97. The consensus estimate for Textron's current full-year earnings is $6.12 per share.

Textron (NYSE:TXT - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The aerospace company reported $1.55 earnings per share for the quarter, topping 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 company had revenue of $3.72 billion for the quarter, compared to the consensus estimate of $3.64 billion. During the same quarter last year, the firm posted $1.54 earnings per share. Textron's revenue was up 5.4% on a year-over-year basis. Textron has set its FY 2025 guidance at 6.000-6.200 EPS.

Other analysts also recently issued reports about the stock. Morgan Stanley lifted their price objective on shares of Textron from $71.00 to $86.00 and gave the company an "equal weight" rating in a research report on Thursday, July 17th. Barclays lifted their target price on shares of Textron from $95.00 to $105.00 and gave the company an "overweight" rating in a research note on Tuesday, July 29th. The Goldman Sachs Group reiterated a "neutral" rating and issued a $85.00 target price (down previously from $95.00) on shares of Textron in a report on Tuesday, July 1st. UBS Group raised shares of Textron from a "sell" rating to a "neutral" rating and boosted their price target for the company from $73.00 to $88.00 in a report on Monday, July 28th. Finally, Wall Street Zen raised shares of Textron from a "buy" rating to a "strong-buy" rating in a report on Saturday. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $92.67.

Textron Stock Down 0.0%

TXT traded down $0.02 during trading hours on Friday, reaching $81.31. 1,646,814 shares of the stock traded hands, compared to its average volume of 1,189,699. Textron has a fifty-two week low of $57.70 and a fifty-two week high of $91.30. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.84 and a quick ratio of 0.84. The company has a market cap of $14.49 billion, a price-to-earnings ratio of 18.40, a PEG ratio of 1.33 and a beta of 1.14. The firm's fifty day simple moving average is $80.94 and its two-hundred day simple moving average is $75.40.

Textron Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Friday, September 12th will be issued a $0.02 dividend. The ex-dividend date of this dividend is Friday, September 12th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.1%. Textron's dividend payout ratio is 1.81%.

Insider Buying and Selling at Textron

In other news, EVP Julie G. Duffy sold 28,543 shares of the business's stock in a transaction dated Friday, July 25th. The stock was sold at an average price of $79.37, for a total transaction 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 1.70% of the company's stock.

Hedge Funds Weigh In On Textron

Institutional investors have recently added to or reduced their stakes in the business. Assetmark Inc. raised its position in shares of Textron by 191.9% during the second quarter. Assetmark Inc. now owns 324 shares of the aerospace company's stock worth $26,000 after purchasing an additional 213 shares during the period. Atlantic Union Bankshares Corp purchased a new stake in Textron during the 2nd quarter worth about $27,000. Banque Cantonale Vaudoise purchased a new stake in shares of Textron in the 1st quarter valued at about $25,000. CYBER HORNET ETFs LLC purchased a new position in shares of Textron during the 2nd quarter valued at about $41,000. Finally, Harvest Fund Management Co. Ltd grew its position in Textron by 100.0% during the 1st quarter. Harvest Fund Management Co. Ltd now owns 524 shares of the aerospace company's stock worth $39,000 after acquiring an additional 262 shares during the last quarter. 86.03% of the stock is owned by institutional investors and hedge funds.

Textron Company Profile

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.