Textron Company Profile (NYSE:TXT)

About Textron

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. Textron Aviation manufactures, sells and services Beechcraft and Cessna aircraft, and services the Hawker brand of business jets. Bell Helicopter is a supplier of military and commercial helicopters, tiltrotor aircraft, and related spare parts and services in the world. Textron Systems segment's product lines consist of unmanned aircraft systems, marine and land systems, weapons and sensors, and simulation, training and other defense and aviation mission support products and services. The Industrial segment designs and manufactures a range of products under three principal product lines. The Finance segment provides financing to purchasers of Textron Aviation aircraft and Bell helicopters.

Industry, Sector and Symbol:
  • Sector: Aerospace
  • Industry: Aerospace/Defense - Major Diversified
  • Sub-Industry: Aerospace & Defense
  • Exchange: NYSE
  • Symbol: TXT
  • CUSIP: 88320310
Key Metrics:
  • Previous Close: $48.21
  • 50 Day Moving Average: $48.80
  • 200 Day Moving Average: $43.88
  • 52-Week Range: $32.06 - $50.93
  • Trailing P/E Ratio: 13.60
  • Foreward P/E Ratio: 16.03
  • P/E Growth: 2.29
  • Market Cap: $13.10B
  • Outstanding Shares: 273,114,000
  • Beta: 1.61
Profitability:
  • 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%
Additional Links:
Companies Related to Textron:

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: $48.40 (0.02% downside)

Analysts' Ratings History for Textron (NYSE:TXT)
Show:
DateFirmActionRatingPrice TargetDetails
1/28/2017Credit Suisse GroupReiterated RatingOutperformView Rating Details
1/20/2017Robert W. BairdReiterated RatingOutperform$60.00View Rating Details
12/5/2016Deutsche Bank AGBoost Price TargetHold$43.00 -> $47.00View Rating Details
12/1/2016Jefferies Group LLCSet Price TargetBuy$50.00 -> $55.00View Rating Details
10/28/2016Vertical ResearchInitiated CoverageBuy$46.00View Rating Details
8/31/2016Drexel HamiltonReiterated RatingHoldView Rating Details
8/15/2016Morgan StanleyReiterated RatingSellView Rating Details
7/25/2016Bank of America CorpSet Price TargetBuy$45.00View Rating Details
4/23/2016Goldman Sachs Group, Inc. (The)Reiterated RatingHoldView Rating Details
3/28/2016Barclays PLCBoost Price TargetOutperform$46.00 -> $55.00View Rating Details
3/21/2016Cowen and CompanyLower Price Target$53.00 -> $51.00View Rating Details
1/28/2016J P Morgan Chase & CoReiterated RatingBuyView Rating Details
1/28/2016Royal Bank Of CanadaLower Price TargetOutperform$52.00 -> $47.00View Rating Details
9/2/2015Citigroup Inc.UpgradeNeutral -> Buy$50.00View Rating Details
3/6/2015NomuraUpgradeNeutral -> Buy$45.00 -> $50.00View Rating Details
(Data available from 2/22/2015 forward)

Earnings

Earnings History for Textron (NYSE:TXT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/18/2017        
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$3.40 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)
Current Year EPS Consensus Estimate: $2.64 EPS
Next Year EPS Consensus Estimate: $3.02 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.46$0.46$0.46
Q2 20161$0.62$0.62$0.62
Q3 20161$0.54$0.54$0.54
Q4 20161$0.83$0.83$0.83
Q1 20171$0.48$0.48$0.48
Q2 20171$0.56$0.56$0.56
Q3 20171$0.51$0.51$0.51
Q4 20171$1.01$1.01$1.01
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Textron (NYSE:TXT)
Annual Dividend:$0.08
Dividend Yield:0.17%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:2.27% (Based on Trailing 12 Months of Earnings)
3.03% (Based on Current Year Consensus EPS Estimate)
2.65% (Based on Next Year Consensus EPS Estimate)

Dividend History for Textron (NYSE:TXT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/22/2017quarterly$0.023/10/20174/1/2017
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 History for Textron (NYSE:TXT)
Insider Ownership Percentage: 0.93%
Institutional Ownership Percentage: 81.19%
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

Latest Headlines for Textron (NYSE:TXT)
DateHeadline
News IconTextron Aviation enhances 1Call support for European customers (NYSE:TXT)
www.rustourismnews.com - February 21 at 4:33 PM
bizjournals.com logoTextron Aviation’s newest college partnership includes aircraft sales (NYSE:TXT)
www.bizjournals.com - February 21 at 4:33 PM
News IconTextron Aviation announces multi-year agreement with University of Dubuque (NYSE:TXT)
txtav.com - February 21 at 4:33 PM
4-traders.com logoTextron : Aviation enhances 1Call support for European customers (NYSE:TXT)
www.4-traders.com - February 20 at 7:24 PM
News IconWhat are Analyst's Indicators for Lincoln National Corporation (LNC), Textron Inc. (TXT) - The USA Commerce (NYSE:TXT)
theusacommerce.com - February 20 at 8:25 AM
News IconDividend Growth of Textron Inc.(TXT) - Highland Mirror (NYSE:TXT)
www.highlandmirror.com - February 19 at 8:25 AM
4-traders.com logoTextron : Aviation bolsters sales network in India (NYSE:TXT)
www.4-traders.com - February 17 at 6:47 PM
4-traders.com logoTextron : Successfully Tests G-CLAW Against Moving Targets (NYSE:TXT)
www.4-traders.com - February 16 at 8:21 PM
News IconTextron Aviation Bolsters Sales Network in India (NYSE:TXT)
www.aviationpros.com - February 16 at 8:21 PM
News IconAre Analysts Optimistic About Where Textron Inc. (NYSE:TXT) is Heading? - Winfield Review (NYSE:TXT)
winfieldreview.com - February 15 at 6:43 AM
News IconSell-Side Analyst's Predictions: Dollar Tree, Inc. (DLTR), Textron Inc. (TXT) - The USA Commerce (NYSE:TXT)
theusacommerce.com - February 15 at 6:43 AM
News IconLookout for Price Target? Textron Inc. (TXT), Cimarex Energy Co. (XEC) - StockNewsJournal (NYSE:TXT)
stocknewsjournal.com - February 14 at 6:45 AM
finance.yahoo.com logoTextron Systems Successfully Tests G-CLAW™ Against Moving Targets (NYSE:TXT)
finance.yahoo.com - February 14 at 6:45 AM
News IconTextron wins $9M contract to train, support Afghan Air Force (NYSE:TXT)
gsnmagazine.com - February 9 at 6:21 AM
finance.yahoo.com logoTextron's Bell Helicopter Wins $49M Navy Deal for AH-1Z Jets (NYSE:TXT)
finance.yahoo.com - February 9 at 6:21 AM
finance.yahoo.com logoTextron to Present at Cowen and Company 38th Annual Aerospace/Defense & Industrials Conference (NYSE:TXT)
finance.yahoo.com - February 9 at 6:21 AM
News IconTextron Inc. (NYSE:TXT) Price Target Expected At $53.285 - Transcript Daily (NYSE:TXT)
transcriptdaily.com - February 8 at 8:13 AM
finance.yahoo.com logoTextron Systems to Provide Support Services for Afghan Air Force (NYSE:TXT)
finance.yahoo.com - February 8 at 8:13 AM
fool.com logoWhat Textron's Arctic Cat Acquisition Means for Their Shareholders (NYSE:TXT)
www.fool.com - February 7 at 9:08 AM
News IconLeading stocks in today’s market: Textron Inc. (NYSE:TXT) (NYSE:TXT)
twincountynews.com - February 5 at 12:20 AM
News IconTextron Inc. (NYSE:TXT) from Aerospace/Defense – Major Diversified – Todays Top Gains (NYSE:TXT)
twincountynews.com - February 4 at 5:46 AM
bizjournals.com logo​Aviation ties Wichita to Super Bowl LI (NYSE:TXT)
www.bizjournals.com - February 4 at 5:46 AM
News IconTop Gainers of the Day: Textron Inc. (NYSE:TXT) from Aerospace/Defense – Major Diversified (NYSE:TXT)
twincountynews.com - February 2 at 6:17 AM
News IconTextron Inc. (TXT) : How Do the Technicals Stack Up? - The USA Commerce (NYSE:TXT)
theusacommerce.com - February 1 at 7:08 AM
News IconEarnings Forecast Research on Textron Inc. (TXT) - Morning Outlook (NYSE:TXT)
www.morningoutlook.com - February 1 at 7:08 AM
bizjournals.com logoTextron Aviation gives $100,000 for engineering at Kansas State (NYSE:TXT)
www.bizjournals.com - January 31 at 6:37 AM
News IconTextron Aviation celebrates 45th anniversary of first Citation delivery (NYSE:TXT)
txtav.com - January 31 at 6:37 AM
capitalcube.com logoTextron, Inc. : TXT-US: Dividend Analysis : December 09th, 2016 (record date) : By the numbers : January 30, 2017 (NYSE:TXT)
www.capitalcube.com - January 31 at 6:37 AM
finance.yahoo.com logoJefferies Makes Another Huge 2017 Change to Franchise List Portfolio (NYSE:TXT)
finance.yahoo.com - January 30 at 10:40 AM
News IconAerospace/Defense – Major Diversified: Textron Inc. (NYSE:TXT) Position of the day (NYSE:TXT)
twincountynews.com - January 29 at 11:15 PM
News IconIs Textron Inc. (NYSE:TXT), a large market cap stock a smart buy? (NYSE:TXT)
twincountynews.com - January 28 at 7:23 AM
capitalcube.com logoTextron, Inc. breached its 50 day moving average in a Bearish Manner : TXT-US : January 26, 2017 (NYSE:TXT)
us.rd.yahoo.com - January 28 at 7:23 AM
capitalcube.com logoTextron, Inc. :TXT-US: Earnings Analysis: Q4, 2016 By the Numbers : January 26, 2017 (NYSE:TXT)
us.rd.yahoo.com - January 28 at 7:23 AM
fool.com logoTextron Earnings: Here's the 1 Number That Matters Most (NYSE:TXT)
www.fool.com - January 27 at 3:34 PM
News IconTextron Inc. (NYSE:TXT) to Post $0.87 Earnings Per Share: Analysts - Wall Street Beacon (NYSE:TXT)
wsbeacon.com - January 27 at 6:25 AM
News IconHow Analysts See Textron Inc (TXT) Perform Over The Next Year? - Simply Wall St (NYSE:TXT)
simplywall.st - January 27 at 6:25 AM
News IconChecking Out the Technicals for Textron Inc. (TXT) - The USA Commerce (NYSE:TXT)
theusacommerce.com - January 27 at 6:25 AM
nasdaq.com logoEarnings Reaction History: Textron Inc., 40.0% Follow-Through Indicator, 2.8% Sensitive - Nasdaq (NYSE:TXT)
www.nasdaq.com - January 27 at 6:25 AM
finance.yahoo.com logoTextron Inc. (TXT) Misses on Q4 Earnings and Revenues - Yahoo Finance (NYSE:TXT)
finance.yahoo.com - January 27 at 6:25 AM
News IconTextron Inc. (NYSE:TXT) Valuation According To Analysts (NYSE:TXT)
vgtoday.net - January 26 at 6:30 AM
News IconUpdate on Textron Inc. (NYSE:TXT) for the day (NYSE:TXT)
twincountynews.com - January 26 at 6:30 AM
nasdaq.com logoTextron Inc. (TXT) Has Dropped To A 2-Month Low After Q4 Miss (NYSE:TXT)
www.nasdaq.com - January 26 at 6:30 AM
News IconComing Out Swinging, Stock Reaches Most Active List: Textron Inc. (NYSE:TXT) (NYSE:TXT)
perspectivabetica.com - January 26 at 6:30 AM
News IconThe Suntrust Banks Inc. Acquires 37677 Shares of Textron Inc. (TXT) (NYSE:TXT)
myhealthbowl.com - January 26 at 6:30 AM
News IconTextron Inc. (TXT) Stock Price Down 5.4% After Earnings Miss (NYSE:TXT)
xboxonezone.com - January 26 at 6:30 AM
us.rd.yahoo.com logoTextron (TXT) Misses on Q4 Earnings, To Acquire Arctic Cat (NYSE:TXT)
us.rd.yahoo.com - January 26 at 6:30 AM
us.rd.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation into Whether the Sale of Arctic Cat Inc. to Textron Inc. for $18.50 Per Share is Fair to Shareholders - ACAT (NYSE:TXT)
us.rd.yahoo.com - January 26 at 6:30 AM
us.rd.yahoo.com logoTextron: Ouch! (NYSE:TXT)
us.rd.yahoo.com - January 26 at 6:30 AM
thestreet.com logoTextron Plunges More Than 10% Amid Trio of Concerns (NYSE:TXT)
us.rd.yahoo.com - January 26 at 6:30 AM
bizjournals.com logoTextron Aviation slowing production in Wichita (NYSE:TXT)
us.rd.yahoo.com - January 26 at 6:30 AM

Social

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 announced a quarterly dividend on Wednesday, February 22nd. Shareholders of record on Friday, March 10th will be paid a dividend of $0.02 per share on Saturday, April 1st. This represents a $0.08 annualized dividend and a yield of 0.17%.

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

10 brokers have issued twelve-month price objectives for Textron's stock. Their forecasts range from $39.00 to $60.00. On average, they expect Textron's share price to reach $48.40 in the next twelve months.

When will Textron announce their earnings?

Textron is scheduled to release their next quarterly earnings announcement on Tuesday, April, 18th 2017.

Who owns Textron stock?

Textron's stock is owned by many different of institutional and retail investors. Top institutional investors include State Street Corp (4.10%), FMR LLC (2.17%), TCW Group Inc. (1.13%), Dimensional Fund Advisors LP (1.09%), AQR Capital Management LLC (0.86%) and Gamco Investors INC. ET AL (0.77%).

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 FMR LLC, Tudor Investment Corp Et Al, Tide Point Capital Management LP, AQR Capital Management LLC, Gamco Investors INC. ET AL, RidgeWorth Capital Management LLC, Prudential PLC and Alyeska Investment Group L.P..

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 State Street Corp, Impala Asset Management LLC, Federated Investors Inc. PA, Asset Management One Co. Ltd., Franklin Resources Inc., Russell Investments Group Ltd., Renaissance Technologies LLC and Allianz Asset Management AG.

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 $48.41.

Textron (NYSE:TXT) Chart for Wednesday, February, 22, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Textron (NYSE:TXT)

Earnings History Chart

Earnings by Quarter for Textron (NYSE:TXT)

Dividend History Chart

Dividend Payments by Quarter for Textron (NYSE:TXT)

Last Updated on 2/22/2017 by MarketBeat.com Staff