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: Commercial Aircraft Manufacturing
  • Sub-Industry: Aerospace & Defense
  • Symbol: NYSE:TXT
  • CUSIP: 88320310
  • Web: www.textron.com
Capitalization:
  • Market Cap: $14.05 billion
  • Outstanding Shares: 264,713,000
Average Prices:
  • 50 Day Moving Avg: $49.37
  • 200 Day Moving Avg: $47.92
  • 52 Week Range: $37.19 - $53.21
P/E:
  • Trailing P/E Ratio: 16.23
  • Foreward P/E Ratio: 17.88
  • P/E Growth: 2.85
Sales & Book Value:
  • Annual Revenue: $13.77 billion
  • Price / Sales: 1.02
  • Book Value: $21.43 per share
  • Price / Book: 2.48
Dividend:
  • Annual Dividend: $0.08
  • Dividend Yield: 0.2%
Profitability:
  • EBIDTA: $1.49 billion
  • Net Margins: 6.45%
  • Return on Equity: 11.97%
  • Return on Assets: 4.34%
Debt:
  • Debt-to-Equity Ratio: 0.64%
  • Current Ratio: 2.05%
  • Quick Ratio: 0.89%
Misc:
  • Average Volume: 1.35 million shs.
  • Beta: 1.56
  • Short Ratio: 2.16
 

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 announced a quarterly dividend on Tuesday, July 25th. Investors of record on Friday, September 15th will be given a dividend of $0.02 per share on Sunday, October 1st. This represents a $0.08 dividend on an annualized basis and a yield of 0.15%. The ex-dividend date is Thursday, September 14th. View Textron's Dividend History.

How will Textron's stock buyback program work?

Textron declared that its Board of Directors has authorized a share buyback plan on Thursday, April 6th 2017, which authorizes the company to repurchase 25,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's management believes its stock is undervalued.

How were Textron's earnings last quarter?

Textron Inc. (NYSE:TXT) released its quarterly earnings results on Wednesday, July, 19th. The company reported $0.60 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.55 by $0.05. The business earned $3.60 billion during the quarter, compared to analyst estimates of $3.57 billion. Textron had a net margin of 6.45% and a return on equity of 11.97%. The company's revenue was up 2.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.66 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, October, 19th 2017. View Earnings Estimates for Textron.

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

Textron updated its FY17 earnings guidance on Wednesday, July, 19th. The company provided earnings per share (EPS) guidance of $2.40-2.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.53.

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

11 brokerages have issued 1 year price targets for Textron's shares. Their predictions range from $45.00 to $60.00. On average, they expect Textron's stock price to reach $53.27 in the next twelve months. View Analyst Ratings for Textron.

Who are some of Textron's key competitors?

Who are Textron's key executives?

Textron's management team includes the folowing people:

  • Scott C. Donnelly, Chairman of the Board, President, Chief Executive Officer
  • Frank T. Connor, Chief Financial Officer, Executive Vice President
  • E. Robert Lupone, Executive Vice President, Chief Compliance Officer, General Counsel, Secretary
  • Julie Gullen Duffy, Executive Vice President - Human Resources
  • R. Kerry Clark, Lead Independent Director
  • Deborah Lee James, Director
  • Kathleen M. Bader, Independent Director
  • James T. Conway, Independent Director
  • Ivor J. Evans, Independent Director

Who owns Textron stock?

Textron's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.42%), Capital Research Global Investors (7.03%), BlackRock Inc. (6.72%), State Street Corp (4.30%), American Century Companies Inc. (2.06%) and TIAA CREF Investment Management LLC (1.71%). 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 Bank of New York Mellon Corp, FMR LLC, Gotham Asset Management LLC, Cibc World Markets Corp, TIAA CREF Investment Management LLC, JPMorgan Chase & Co., CIBC World Markets Inc. and State Street Corp. View Insider Buying and Selling for Textron.

Who bought Textron stock? Who is buying Textron stock?

Textron's stock was bought by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, Victory Capital Management Inc., BlackRock Inc., Vanguard Group Inc., Capital Research Global Investors, Balyasny Asset Management LLC, American Century Companies 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.

What is Textron's stock price today?

One share of Textron stock can currently be purchased for approximately $53.09.


MarketBeat Community Rating for Textron (NYSE TXT)
Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  296 (Vote Outperform)
Underperform Votes:  252 (Vote Underperform)
Total Votes:  548
MarketBeat's community ratings are surveys of what our community members think about Textron and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Textron (NYSE:TXT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Sell Ratings, 2 Hold Ratings, 7 Buy Ratings
Consensus Rating:Hold (Score: 2.45)
Consensus Price Target: $53.27 (0.34% upside)

Analysts' Ratings History for Textron (NYSE:TXT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/11/2017Drexel HamiltonUpgradeHold -> Buy$58.00HighView Rating Details
8/17/2017Morgan StanleyBoost Price TargetUnderweight$45.00 -> $47.00LowView Rating Details
7/22/2017Wells Fargo & CoReiterated RatingOutperform$52.00 -> $54.00LowView Rating Details
7/21/2017Bank of America CorporationDowngradeBuy -> Underperform$53.00 -> $45.00LowView Rating Details
7/20/2017Credit Suisse GroupReiterated RatingOutperform$50.00 -> $55.00LowView 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
4/23/2016Goldman Sachs Group, Inc. (The)Reiterated RatingHoldN/AView Rating Details
3/28/2016Barclays PLCBoost Price TargetOutperform$46.00 -> $55.00N/AView Rating Details
1/28/2016J P Morgan Chase & CoReiterated RatingBuyN/AView Rating Details
1/28/2016Royal Bank Of CanadaLower Price TargetOutperform$52.00 -> $47.00N/AView Rating Details
(Data available from 9/24/2015 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
10/19/2017$0.62N/AView Earnings Details
7/19/2017Q2 2017$0.55$0.60$3.57 billion$3.60 billionViewN/AView Earnings Details
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: $2.30
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.41$0.41$0.41
Q2 20171$0.50$0.50$0.50
Q3 20171$0.58$0.58$0.58
Q4 20171$0.81$0.81$0.81
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Textron (NYSE:TXT)
Next Dividend:10/1/2017
Annual Dividend:$0.08
Dividend Yield:0.15%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:2.45% (Trailing 12 Months of Earnings)
3.16% (Based on This Year's Estimates)
2.69% (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
7/25/2017quarterly$0.020.16%9/14/20179/15/201710/1/2017
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: 1.07%
Institutional Ownership Percentage: 81.49%
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) Upgraded to Buy at Zacks Investment Research
www.americanbankingnews.com - September 21 at 12:00 PM
finance.yahoo.com logoTextron to Release Third Quarter Results on October 19, 2017
finance.yahoo.com - September 20 at 10:29 AM
finance.yahoo.com logoAir Force Eyes Light-Attack Plane But This Is 'Job One'
finance.yahoo.com - September 19 at 8:56 AM
americanbankingnews.com logoZacks: Brokerages Expect Textron Inc. (TXT) Will Announce Earnings of $0.63 Per Share
www.americanbankingnews.com - September 16 at 4:08 PM
seekingalpha.com logoTextron (TXT) Presents At Morgan Stanley 5th Annual Laguna Conference - Slideshow
seekingalpha.com - September 16 at 9:57 AM
nasdaq.com logoTextron Inc. (TXT) Ex-Dividend Date Scheduled for September 14, 2017 - Nasdaq
www.nasdaq.com - September 15 at 10:30 AM
seekingalpha.com logoTextron goes ex-dividend tomorrow
seekingalpha.com - September 13 at 10:37 AM
rttnews.com logoTextron Inc. (TXT) Is Challenging The Highs Of The Year
www.rttnews.com - September 12 at 11:26 AM
finance.yahoo.com logoTextron Inc. -- Moody's assigns Baa2 rating to Textron's new senior unsecured notes
finance.yahoo.com - September 12 at 11:26 AM
finance.yahoo.com logoIBD Rating Upgrades: Textron Flashes Improved Technical Strength
finance.yahoo.com - September 12 at 11:26 AM
americanbankingnews.com logoTextron Inc. (TXT) Lifted to Buy at Drexel Hamilton
www.americanbankingnews.com - September 11 at 9:04 AM
seekingalpha.com logoTextron: Undervalued Despite Solid Financials - Seeking Alpha
seekingalpha.com - September 11 at 8:04 AM
americanbankingnews.com logoTextron Inc. (TXT) Lifted to "Buy" at ValuEngine
www.americanbankingnews.com - September 9 at 9:57 AM
americanbankingnews.com logoTextron Inc. (TXT) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - September 6 at 2:56 PM
finance.yahoo.com logoAir Taxi Startup Lilium Raises $90 Million For Electric Mini-Jet Service
finance.yahoo.com - September 5 at 9:39 AM
nasdaq.com logoTextron's Unit Secures $499M Contract From US Air Force - Nasdaq
www.nasdaq.com - August 30 at 10:22 AM
finance.yahoo.com logoTextron, Inc. breached its 50 day moving average in a Bearish Manner : TXT-US : August 29, 2017
finance.yahoo.com - August 30 at 10:22 AM
finance.yahoo.com logoTextron's Unit Secures $499M Contract From U.S. Air Force
finance.yahoo.com - August 30 at 10:22 AM
finance.yahoo.com logoTextron, Inc. – Value Analysis (NYSE:TXT) : August 29, 2017
finance.yahoo.com - August 29 at 9:08 AM
finance.yahoo.com logoTextron, Inc. – Value Analysis (NYSE:TXT) : August 29, 2017
finance.yahoo.com - August 29 at 9:08 AM
nasdaq.com logoDefense Stock Roundup: Stocks Rally on Trump's Afghanistan Remark, BA & LMT Win Big
www.nasdaq.com - August 25 at 12:02 PM
bizjournals.com logoDealership designation gives Wichita’s Yingling Aviation new product offerings
www.bizjournals.com - August 23 at 6:11 PM
finance.yahoo.com logoMattel trading at 2009 lows
finance.yahoo.com - August 23 at 6:11 PM
finance.yahoo.com logoETFs with exposure to Textron, Inc. : August 22, 2017
finance.yahoo.com - August 23 at 1:06 PM
finance.yahoo.com logoTextron, Inc. breached its 50 day moving average in a Bearish Manner : TXT-US : August 18, 2017
finance.yahoo.com - August 19 at 8:32 AM
americanbankingnews.com logoTextron Inc. (TXT) Price Target Raised to $47.00 at Morgan Stanley
www.americanbankingnews.com - August 17 at 4:20 PM
americanbankingnews.com logoTextron Inc. (TXT) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - August 12 at 12:48 PM
finance.yahoo.com logoETFs with exposure to Textron, Inc. : August 11, 2017
finance.yahoo.com - August 11 at 10:40 PM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Textron Inc.
finance.yahoo.com - August 11 at 9:11 AM
americanbankingnews.com logoTextron Inc. (NYSE:TXT) Expected to Announce Earnings of $0.62 Per Share
www.americanbankingnews.com - August 10 at 6:20 PM
nasdaq.com logoBoeing (BA) Secures 12 737 MAX Jets Order from Air Lease - Nasdaq
www.nasdaq.com - August 10 at 9:09 AM
americanbankingnews.com logoTextron Inc. (NYSE:TXT) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - August 5 at 4:50 PM
bizjournals.com logoStocks Under Scanner in the Industrial Goods Space -- Textron, Triumph, Aerojet Rocketdyne, and Northrop Grumman
www.bizjournals.com - August 3 at 8:18 AM
finance.yahoo.com logo[$$] The ‘Air Capital of the World’ Has a Problem: Too Few Aviation Workers
finance.yahoo.com - August 3 at 8:18 AM
finance.yahoo.com logoOA-X: An Air Force Program Warfighters And Taxpayers Can Do Without
finance.yahoo.com - August 1 at 7:15 AM
bizjournals.com logo​Textron Aviation sells 15 Skyhawks to ATP Flight School - Wichita Business Journal
www.bizjournals.com - July 29 at 8:11 AM
nasdaq.com logoCommit To Buy Textron At $38, Earn 4.7% Using Options - Nasdaq
www.nasdaq.com - July 29 at 8:11 AM
finance.yahoo.com logoTextron, Inc. :TXT-US: Earnings Analysis: Q2, 2017 By the Numbers : July 28, 2017
finance.yahoo.com - July 29 at 8:11 AM
nasdaq.com logoDefense Stock Round Up: TXT, HON, UTX Top Q2 Earnings, HII, BA, Bag DoD Deals - Nasdaq
www.nasdaq.com - July 27 at 8:51 AM
americanbankingnews.com logoTextron Inc. Plans Quarterly Dividend of $0.02 (NYSE:TXT)
www.americanbankingnews.com - July 25 at 5:09 PM
americanbankingnews.com logoTextron Inc. (TXT) Rating Lowered to Sell at BidaskClub
www.americanbankingnews.com - July 25 at 4:05 PM
zacks.com logoDefense Stocks Q2 Earnings on Jul 26: BA, GD, NOC, FLIR
www.zacks.com - July 25 at 7:58 AM
bizjournals.com logoTextron Aviation drumming up interest in new Wichita-built Cessna Denali
www.bizjournals.com - July 25 at 7:58 AM
americanbankingnews.com logoBrokers Offer Predictions for Textron Inc.'s FY2020 Earnings (TXT)
www.americanbankingnews.com - July 24 at 11:30 AM
americanbankingnews.com logoTextron Inc. (NYSE:TXT) Expected to Announce Quarterly Sales of $3.61 Billion
www.americanbankingnews.com - July 23 at 9:19 AM
americanbankingnews.com logoTextron Inc. (TXT) Given Outperform Rating at Wells Fargo & Company
www.americanbankingnews.com - July 22 at 4:34 PM
fool.com logoTextron's Earnings Were a Nonevent. Scorpion Jet Is the Real Story
www.fool.com - July 22 at 10:25 AM
americanbankingnews.com logoQ3 2017 EPS Estimates for Textron Inc. (TXT) Reduced by Analyst
www.americanbankingnews.com - July 21 at 9:04 AM
seekingalpha.com logoTextron - Invest In Defense, Hedge Against Uncertainty - Seeking Alpha
seekingalpha.com - July 21 at 8:12 AM
seekingalpha.com logoTextron Could Be Set To Explode - Seeking Alpha
seekingalpha.com - July 21 at 8:12 AM

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Chart

Textron (TXT) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by MarketBeat.com Staff