Textron Company Profile (NYSE:TXT)

About Textron (NYSE:TXT)

Textron logoTextron Inc. is a multi-industry company engaged in aircraft, defense, industrial and finance businesses to provide customers with products and services across the world. The Company operates through five segments: Textron Aviation, Bell, Textron Systems, Industrial and Finance. The Textron Aviation segment is engaged in general aviation. The Bell segment supplies military helicopters and support to the United States Government and to military customers outside the United States. The Textron Systems segment is a supplier to the defense, aerospace and general aviation markets. The Industrial segment designs and manufactures a range of products within three product lines: fuel systems and functional components, specialized vehicles and equipment, and tools and test equipment. The Finance segment is a commercial finance business that consists of Textron Financial Corporation (TFC) and its subsidiaries.

Industry, Sector and Symbol:
  • Sector: Aerospace
  • Industry: Aerospace/Defense - Major Diversified
  • Sub-Industry: Aerospace & Defense
  • Symbol: NYSE:TXT
  • CUSIP: 88320310
  • Web: www.textron.com
Capitalization:
  • Market Cap: $12.89 billion
  • Outstanding Shares: 267,689,000
Average Prices:
  • 50 Day Moving Avg: $47.05
  • 200 Day Moving Avg: $47.46
  • 52 Week Range: $34.00 - $50.93
P/E:
  • Trailing P/E Ratio: 14.36
  • Foreward P/E Ratio: 16.16
  • P/E Growth: 2.40
Sales & Book Value:
  • Annual Revenue: $13.68 billion
  • Price / Sales: 0.94
  • Book Value: $20.85 per share
  • Price / Book: 2.31
Dividend:
  • Annual Dividend: $0.08
  • Dividend Yield: 0.2%
Profitability:
  • EBIDTA: $1.53 billion
  • Net Margins: 6.98%
  • Return on Equity: 13.36%
  • Return on Assets: 4.72%
Debt:
  • Debt-to-Equity Ratio: 0.43%
  • Current Ratio: 1.81%
  • Quick Ratio: 0.67%
Misc:
  • Average Volume: 1.56 million shs.
  • Beta: 1.61
  • Short Ratio: 3.46
 

Frequently Asked Questions for Textron (NYSE:TXT)

What is Textron's stock symbol?

Textron trades on the New York Stock Exchange (NYSE) under the ticker symbol "TXT."

How often does Textron pay dividends? What is the dividend yield for Textron?

Textron declared a quarterly dividend on Wednesday, April 26th. Shareholders of record on Friday, June 9th will be given a dividend of $0.02 per share on Saturday, July 1st. This represents a $0.08 annualized dividend and a yield of 0.17%. The ex-dividend date is Wednesday, June 7th. View Textron's Dividend History.

How will Textron's stock buyback program work?

Textron announced that its board has approved a share repurchase plan on Thursday, April 6th 2017, which allows the company to buyback 25,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's board of directors believes its shares are undervalued.

How were Textron's earnings last quarter?

Textron Inc. (NYSE:TXT) announced its quarterly earnings data on Wednesday, April, 19th. The company reported $0.46 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.46. The company had revenue of $3.09 billion for the quarter, compared to analysts' expectations of $3.16 billion. Textron had a return on equity of 13.36% and a net margin of 6.98%. The firm's revenue for the quarter was down 3.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.55 EPS. View Textron's Earnings History.

When will Textron make its next earnings announcement?

Textron is scheduled to release their next quarterly earnings announcement on Thursday, July, 20th 2017. View Earnings Estimates for Textron.

What guidance has Textron issued on next quarter's earnings?

Textron issued an update on its FY17 earnings guidance on Wednesday, April, 19th. The company provided earnings per share guidance of $2.40-2.60 for the period, compared to the Thomson Reuters consensus estimate of $2.58.

Where is Textron's stock going? Where will Textron's stock price be in 2017?

10 analysts have issued twelve-month target prices for Textron's shares. Their predictions range from $39.00 to $60.00. On average, they expect Textron's share price to reach $51.22 in the next year. View Analyst Ratings for Textron.

Who are some of Textron's key competitors?

Who owns Textron stock?

Textron's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.17%), BlackRock Inc. (6.40%), State Street Corp (4.32%), American Century Companies Inc. (1.94%), TIAA CREF Investment Management LLC (1.79%) and FMR LLC (1.54%). View Institutional Ownership Trends for Textron.

Who sold Textron stock? Who is selling Textron stock?

Textron's stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, FMR LLC, Bank of New York Mellon Corp, Snow Capital Management LP, AQR Capital Management LLC, Prudential Financial Inc., Mackenzie Financial Corp and Ameriprise Financial Inc.. View Insider Buying and Selling for Textron.

Who bought Textron stock? Who is buying Textron stock?

Textron's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Victory Capital Management Inc., Gotham Asset Management LLC, Dimensional Fund Advisors LP, Primecap Management Co. CA, Eagle Asset Management Inc. and Renaissance Technologies LLC. View Insider Buying and Selling for Textron.

How do I buy Textron stock?

Shares of Textron can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Textron stock cost?

One share of Textron stock can currently be purchased for approximately $48.16.

Analyst Ratings

Consensus Ratings for Textron (NYSE:TXT) (?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $51.22 (6.36% upside)

Analysts' Ratings History for Textron (NYSE:TXT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/24/2017Credit Suisse Group AGReiterated RatingBuy$50.00LowView Rating Details
5/18/2017Jefferies Group LLCReiterated RatingBuy$60.00LowView Rating Details
4/22/2017Cowen and CompanyReiterated RatingOutperform$60.00LowView Rating Details
4/13/2017StephensInitiated CoverageEqual Weight$54.00HighView Rating Details
1/20/2017Robert W. BairdReiterated RatingOutperform$60.00N/AView Rating Details
12/5/2016Deutsche Bank AGBoost Price TargetHold$43.00 -> $47.00N/AView Rating Details
10/28/2016Vertical ResearchInitiated CoverageBuy$46.00N/AView Rating Details
8/31/2016Drexel HamiltonReiterated RatingHoldN/AView Rating Details
8/15/2016Morgan StanleyReiterated RatingSellN/AView Rating Details
7/25/2016Bank of America CorpSet Price TargetBuy$45.00N/AView Rating Details
4/23/2016Goldman Sachs Group IncReiterated RatingHoldN/AView Rating Details
3/28/2016Barclays PLCBoost Price TargetOutperform$46.00 -> $55.00N/AView Rating Details
1/28/2016JPMorgan Chase & Co.Reiterated RatingBuyN/AView Rating Details
1/28/2016Royal Bank of CanadaLower Price TargetOutperform$52.00 -> $47.00N/AView Rating Details
9/2/2015Citigroup IncUpgradeNeutral -> Buy$50.00N/AView Rating Details
(Data available from 5/28/2015 forward)

Earnings

Earnings History for Textron (NYSE:TXT)
Earnings by Quarter for Textron (NYSE:TXT)
Earnings History by Quarter for Textron (NYSE:TXT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/20/2017        
4/19/2017Q1 2017$0.46$0.46$3.16 billion$3.09 billionViewN/AView Earnings Details
1/25/2017Q416$0.87$0.80$4.05 billion$3.80 billionViewN/AView Earnings Details
10/20/2016Q316$0.66$0.61$3.40 billion$3.30 billionViewListenView Earnings Details
7/22/2016Q216$0.64$0.66$3.36 billion$3.50 billionViewListenView Earnings Details
4/20/2016Q116$0.53$0.55$3.15 billion$3.20 billionViewListenView Earnings Details
1/27/2016Q415$0.83$0.81$4.23 billion$3.92 billionViewListenView Earnings Details
10/27/2015Q315$0.61$0.63$3.41 billion$3.20 billionViewListenView Earnings Details
7/28/2015Q215$0.59$0.60$3.43 billion$3.20 billionViewListenView Earnings Details
4/28/2015Q115$0.49$0.46$3.19 billion$3.10 billionViewN/AView Earnings Details
1/28/2015Q414$0.74$0.76$4.30 billion$4.10 billionViewN/AView Earnings Details
10/17/2014Q314$0.52$0.57$3.59 billion$3.43 billionViewListenView Earnings Details
7/16/2014Q214$0.46$0.51$3.52 billion$3.51 billionViewN/AView Earnings Details
5/1/2014Q114$0.38$0.36$3.02 billion$2.80 billionViewN/AView Earnings Details
1/22/2014Q413$0.65$0.60$3.50 billion$3.50 billionViewListenView Earnings Details
10/18/2013Q313$0.47$0.35$2.98 billion$2.90 billionViewListenView Earnings Details
7/17/2013Q2 2013$0.38$0.40$3.01 billion$2.84 billionViewListenView Earnings Details
4/17/2013Q1 2013$0.46$0.40$2.89 billion$2.86 billionViewListenView Earnings Details
1/23/2013Q4 2012$0.58$0.56$3.44 billion$3.40 billionViewListenView Earnings Details
10/17/2012$0.51$0.48ViewN/AView Earnings Details
7/19/2012$0.44$0.58ViewN/AView Earnings Details
4/18/2012$0.35$0.41ViewN/AView Earnings Details
1/25/2012$0.34$0.49ViewN/AView Earnings Details
10/19/2011$0.31$0.45ViewN/AView Earnings Details
7/20/2011$0.24$0.29ViewN/AView Earnings Details
4/20/2011$0.17$0.10ViewN/AView Earnings Details
1/26/2011$0.25$0.33ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Textron (NYSE:TXT)
2017 EPS Consensus Estimate: $2.41
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.41$0.41$0.41
Q2 20171$0.50$0.50$0.50
Q3 20171$0.68$0.68$0.68
Q4 20171$0.82$0.82$0.82
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Textron (NYSE:TXT)
Next Dividend:7/1/2017
Annual Dividend:$0.08
Dividend Yield:0.17%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:2.27% (Trailing 12 Months of Earnings)
3.16% (Based on This Year's Estimates)
2.68% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Textron (NYSE:TXT)

Dividend History by Quarter for Textron (NYSE:TXT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/26/2017quarterly$0.020.17%6/7/20176/9/20177/1/2017
2/22/2017quarterly$0.020.17%3/8/20173/10/20174/1/2017
10/26/2016quarterly$0.020.2%12/7/201612/9/20161/1/2017
7/26/2016quarterly$0.020.2%9/7/20169/9/201610/1/2016
4/27/2016quarterly$0.020.2%6/8/20166/10/20167/1/2016
2/24/2016quarterly$0.020.23%3/9/20163/11/20164/1/2016
10/21/2015quarterly$0.020.2%12/9/201512/11/20151/1/2016
7/21/2015quarterly$0.020.19%9/9/20159/11/201510/1/2015
4/22/2015quarterly$0.020.18%6/10/20156/12/20157/1/2015
2/25/2015quarterly$0.020.18%3/11/20153/13/20154/1/2015
10/22/2014quarterly$0.020.21%12/10/201412/12/20141/1/2015
7/22/2014quarterly$0.020.21%9/10/20149/12/201410/1/2014
4/23/2014quarterly$0.020.2%6/11/20146/13/20147/1/2014
2/26/2014quarterly$0.020.2%3/12/20143/14/20144/1/2014
10/23/2013quarterly$0.020.28%12/11/201312/13/20131/1/2014
7/23/2013quarterly$0.020.29%9/11/20139/13/201310/1/2013
4/24/2013quarterly$0.020.31%6/12/20136/14/20137/1/2013
2/27/2013quarterly$0.020.28%3/13/20133/15/20134/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Textron (NYSE:TXT)
Insider Ownership Percentage: 0.93%
Institutional Ownership Percentage: 81.19%
Insider Trades by Quarter for Textron (NYSE:TXT)
Institutional Ownership by Quarter for Textron (NYSE:TXT)
Insider Trades by Quarter for Textron (NYSE:TXT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/2/2015Cheryl H. JohnsonVPSell2,121$42.37$89,866.77View SEC Filing  
11/11/2014Mark S BamfordVPSell1,436$41.86$60,110.96View SEC Filing  
10/24/2013Richard L YatesVPSell48,144$28.91$1,391,843.04View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Textron (NYSE:TXT)
Latest Headlines for Textron (NYSE:TXT)
Source:
DateHeadline
americanbankingnews.com logoTextron Inc. (TXT) Given "Buy" Rating at Credit Suisse Group AG
www.americanbankingnews.com - May 24 at 9:38 AM
finance.yahoo.com logoTextron, Inc. breached its 50 day moving average in a Bullish Manner : TXT-US : May 24, 2017
finance.yahoo.com - May 24 at 8:34 AM
americanbankingnews.com logoInvestors Buy Large Volume of Textron Put Options (TXT)
www.americanbankingnews.com - May 24 at 7:04 AM
reuters.com logoHoneywell to decide by fall whether to spin off aerospace unit
www.reuters.com - May 23 at 7:50 PM
finance.yahoo.com logoTravel Service Named as First European Citation Longitude Customer
finance.yahoo.com - May 22 at 7:23 PM
finance.yahoo.com logo​Wichita plane makers announce deals, tout upgrades at European conference
finance.yahoo.com - May 22 at 7:23 PM
finance.yahoo.com logoWichita (City of) KS, Wichita Airport Auth. -- Moody's upgrades Textron ratings, Sr Unsecured to Baa2; Rating outlook stable
finance.yahoo.com - May 22 at 7:23 PM
fool.com logoWho Will Replace the A-10 Warthog? Textron Has a 2-in-3 Chance
www.fool.com - May 20 at 10:22 AM
bizjournals.com logoTextron Aviation now building its first Cessna Denali parts for testing
www.bizjournals.com - May 19 at 6:27 PM
finance.yahoo.com logoThe New Weapon That Could Make Military Drones Even More Lethal
finance.yahoo.com - May 19 at 1:24 PM
americanbankingnews.com logoTextron Inc. (TXT) Stock Rating Reaffirmed by Jefferies Group LLC
www.americanbankingnews.com - May 18 at 11:40 AM
finance.yahoo.com logoTextron Systems Reaches Development Milestones with 7.62mm and 5.56mm Cased-Telescoped Machine Guns
finance.yahoo.com - May 15 at 7:34 PM
finance.yahoo.com logoETFs with exposure to Textron, Inc. : May 15, 2017
finance.yahoo.com - May 15 at 7:34 PM
americanbankingnews.com logoTextron Sees Unusually High Options Volume (TXT)
www.americanbankingnews.com - May 14 at 9:14 AM
finance.yahoo.com logoTextron, Inc. breached its 50 day moving average in a Bullish Manner : TXT-US : May 12, 2017
finance.yahoo.com - May 13 at 2:12 AM
bloomberg.com logoRecent TXT News
www.bloomberg.com - May 12 at 2:59 AM
finance.yahoo.com logoTextron Surges on Takeover Talk
finance.yahoo.com - May 12 at 2:59 AM
finance.yahoo.com logoBuyout Chatter Sends Textron Shares Higher Thursday
finance.yahoo.com - May 12 at 2:59 AM
finance.yahoo.com logoTextron Aviation ends the Cessna Citation Mustang
finance.yahoo.com - May 12 at 2:59 AM
americanbankingnews.com logo Brokerages Anticipate Textron Inc. (TXT) Will Post Quarterly Sales of $3.6 Billion
www.americanbankingnews.com - May 10 at 12:33 PM
americanbankingnews.com logoZacks: Analysts Anticipate Textron Inc. (TXT) Will Post Earnings of $0.55 Per Share
www.americanbankingnews.com - May 8 at 10:32 AM
americanbankingnews.com logoTextron (TXT) Receiving Somewhat Negative News Coverage, Report Shows
www.americanbankingnews.com - May 3 at 12:06 PM
nasdaq.com logoEmbraer (ERJ) Misses on Q1 Earnings, Revenues Decline Y/Y
www.nasdaq.com - May 3 at 10:05 AM
finance.yahoo.com logoETFs with exposure to Textron, Inc. : May 2, 2017
finance.yahoo.com - May 2 at 6:27 PM
americanbankingnews.com logoTextron Inc. (TXT) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - May 2 at 11:58 AM
finance.yahoo.com logoPost Earnings Coverage as Northrop Grumman's Earnings Surged 20%
finance.yahoo.com - May 2 at 8:42 AM
bizjournals.com logoAnalyst says to expect a better turboprop market to come
www.bizjournals.com - May 1 at 7:30 PM
finance.yahoo.com logoTextron, Inc. :TXT-US: Earnings Analysis: Q1, 2017 By the Numbers : May 1, 2017
finance.yahoo.com - May 1 at 7:30 PM
marketbeat.com logoTribune Media and GGP rise while Textron and Wesco skid
marketbeat.com - May 1 at 4:34 PM
americanbankingnews.com logoTextron (TXT) Earning Somewhat Favorable Media Coverage, Report Shows
www.americanbankingnews.com - April 29 at 5:03 PM
finance.yahoo.com logoDefense Stock Roundup: TXT, HON, LMT and COL
finance.yahoo.com - April 26 at 4:54 PM
americanbankingnews.com logoTextron Inc. (TXT) to Issue Quarterly Dividend of $0.02
www.americanbankingnews.com - April 26 at 3:32 PM
americanbankingnews.com logoTextron (TXT) Receiving Somewhat Positive Press Coverage, Analysis Shows
www.americanbankingnews.com - April 26 at 12:11 PM
nasdaq.com logoInteresting TXT Put And Call Options For December 15th
www.nasdaq.com - April 24 at 6:46 PM
finance.yahoo.com logoWhy Textron Stock Tumbled After Earnings
finance.yahoo.com - April 24 at 6:46 PM
finance.yahoo.com logoTextron Takes the Lead in Robotic Warships
finance.yahoo.com - April 24 at 6:46 PM
americanbankingnews.com logoTextron (TXT) Receives News Impact Rating of 0.23
www.americanbankingnews.com - April 23 at 5:33 PM
americanbankingnews.com logoTextron's (TXT) Outperform Rating Reiterated at Cowen and Company
www.americanbankingnews.com - April 22 at 7:59 AM
reuters.com logoHoneywell profit beats as aerospace, energy businesses deliver
www.reuters.com - April 21 at 10:15 AM
americanbankingnews.com logoJefferies Group Weighs in on Textron Inc.'s Q2 2017 Earnings (TXT)
www.americanbankingnews.com - April 21 at 9:11 AM
finance.yahoo.com logoTextron: Stay The Course
finance.yahoo.com - April 20 at 11:21 PM
americanbankingnews.com logoTextron (TXT) Receiving Somewhat Critical News Coverage, Study Finds
www.americanbankingnews.com - April 20 at 3:40 PM
reuters.com logoTextron misses revenue estimates, cuts earnings forecast
www.reuters.com - April 20 at 10:36 AM
finance.yahoo.com logoTextron (TXT) Meets Q1 Earnings Estimates, Revenues Miss
finance.yahoo.com - April 19 at 11:18 PM
finance.yahoo.com logoTextron (TXT) Posts In-Line Q1 Earnings, Cuts '17 EPS View
finance.yahoo.com - April 19 at 11:18 PM
finance.yahoo.com logoTextron CEO: Weak international market drags down Beechcraft King Air deliveries
finance.yahoo.com - April 19 at 11:18 PM
finance.yahoo.com logoEdited Transcript of TXT earnings conference call or presentation 19-Apr-17 12:00pm GMT
finance.yahoo.com - April 19 at 11:18 PM
americanbankingnews.com logoTextron Inc. (TXT) Issues Quarterly Earnings Results, Hits Expectations
www.americanbankingnews.com - April 19 at 9:21 AM
americanbankingnews.com logoTextron Inc. (TXT) Updates FY17 Earnings Guidance
www.americanbankingnews.com - April 19 at 9:19 AM
nasdaq.com logoEarnings Reaction History: Textron Inc., 36.4% Follow-Through Indicator, 3.1% Sensitive - Nasdaq
www.nasdaq.com - April 19 at 8:33 AM

Social

Chart

Textron (TXT) Chart for Sunday, May, 28, 2017

This page was last updated on 5/28/2017 by MarketBeat.com Staff