NYSE:TXT - Textron Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $49.47 -0.50 (-1.00 %) (As of 12/16/2018 04:55 AM ET)Previous Close$49.47Today's Range$49.19 - $50.1552-Week Range$49.19 - $72.87Volume2.96 million shsAverage Volume1.44 million shsMarket Capitalization$12.14 billionP/E Ratio20.19Dividend Yield0.16%Beta1.62 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. The company's Textron Aviation segment manufactures and sells business jets, turboprop and piston engine aircraft, and military trainer and defense aircraft; and commercial parts, as well as provides maintenance, inspection, and repair services. Its Bell segment provides military and commercial helicopters, tiltrotor aircraft, and related spare parts and services. The company's Textron Systems segment offers unmanned, marine, and land systems; simulation, training, and other defense and aviation mission support products and systems; airborne and ground-based sensors and surveillance systems, and protection systems; advanced precision guided weapons systems; armored vehicles, turrets, and related subsystems, as well as marine craft; test equipment and electronic warfare test, and training solutions; piston aircraft engines; and intelligence software solutions. This segment also designs, develops, manufactures, installs, and maintains full flight simulators; and offers logistical support and supply chain services. Its Industrial segment offers blow-molded plastic fuel systems; catalytic reduction systems; plastic bottles and containers; golf cars, off-road utility and light transportation vehicles, recreational and all-terrain vehicles, snowmobiles, aviation ground support equipment, professional turf-maintenance equipment, and turf-care vehicles; and powered equipment, electrical test and measurement instruments, mechanical and hydraulic tools, cable connectors, fiber optic assemblies, underground and aerial transmission and distribution products, and power utility products for construction, maintenance, telecommunications, data communications, electrical, utility, and plumbing industries. The company's Finance segment provides financing to purchase new and pre-owned aircraft and helicopters. Textron Inc. was founded in 1923 and is headquartered in Providence, Rhode Island. Receive TXT News and Ratings via Email Sign-up to receive the latest news and ratings for TXT and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NYSE Industry Aircraft & parts Sub-IndustryAerospace & Defense SectorAerospace Current SymbolNYSE:TXT Previous Symbol CUSIP88320310 Webwww.textron.com Phone401-421-2800 Debt Debt-to-Equity Ratio0.70 Current Ratio2.29 Quick Ratio1.11 Price-To-Earnings Trailing P/E Ratio20.19 Forward P/E Ratio15.51 P/E Growth0.97 Sales & Book Value Annual Sales$14.20 billion Price / Sales0.85 Cash Flow$4.1537 per share Price / Cash Flow11.91 Book Value$21.44 per share Price / Book2.31 Profitability EPS (Most Recent Fiscal Year)$2.45 Net Income$307 million Net Margins6.11% Return on Equity13.72% Return on Assets5.13% Miscellaneous Employees37,000 Outstanding Shares242,960,000Market Cap$12.14 billion OptionableOptionable Textron (NYSE:TXT) Frequently Asked Questions 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, October 24th. Shareholders of record on Friday, December 14th will be given a dividend of $0.02 per share on Tuesday, January 1st. This represents a $0.08 annualized dividend and a dividend yield of 0.16%. The ex-dividend date is Thursday, December 13th. View Textron's Dividend History. How will Textron's stock buyback program work? Textron announced that its Board of Directors has initiated a stock repurchase plan on Thursday, April 6th 2017, which allows the company to repurchase 25,000,000 shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board believes its shares are undervalued. How were Textron's earnings last quarter? Textron Inc. (NYSE:TXT) released its earnings results on Thursday, October, 18th. The aerospace company reported $0.61 EPS for the quarter, missing analysts' consensus estimates of $0.76 by $0.15. The aerospace company earned $3.20 billion during the quarter, compared to analysts' expectations of $3.52 billion. Textron had a return on equity of 13.72% and a net margin of 6.11%. Textron's revenue for the quarter was down 8.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.65 earnings per share. View Textron's Earnings History. When is Textron's next earnings date? Textron is scheduled to release their next quarterly earnings announcement on Wednesday, January 30th 2019. View Earnings Estimates for Textron. What guidance has Textron issued on next quarter's earnings? Textron updated its FY18 earnings guidance on Thursday, October, 18th. The company provided EPS guidance of $3.20-3.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.34. Textron also updated its FY 2018 guidance to $3.20-3.30 EPS. What price target have analysts set for TXT? 8 brokerages have issued 1 year price targets for Textron's stock. Their forecasts range from $64.00 to $78.00. On average, they expect Textron's share price to reach $71.90 in the next twelve months. This suggests a possible upside of 45.3% from the stock's current price. View Analyst Price Targets for Textron. What is the consensus analysts' recommendation for Textron? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Textron in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Textron. Has Textron been receiving favorable news coverage? Media stories about TXT stock have been trending negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Textron earned a coverage optimism score of -2.0 on InfoTrie's scale. They also assigned news headlines about the aerospace company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near future. Who are some of Textron's key competitors? Some companies that are related to Textron include Northrop Grumman (NOC), Rockwell Collins (COL), Rolls-Royce (RYCEY), BAE SYS PLC/S (BAESY), TransDigm Group (TDG), L3 Technologies (LLL), Heico (HEI), MTU AERO ENGINE/ADR (MTUAY), Heico (HEI.A), Leidos (LDOS), Huntington Ingalls Industries (HII), Spirit AeroSystems (SPR), Teledyne Technologies (TDY), FLIR Systems (FLIR) and Elbit Systems (ESLT). Who are Textron's key executives? Textron's management team includes the folowing people: Mr. Scott C. Donnelly, Chairman, Pres & CEO (Age 56)Mr. Frank Thomas Connor, Exec. VP & CFO (Age 58)Mr. E. Robert Lupone, Exec. VP, Gen. Counsel, Sec. & Chief Compliance Officer (Age 58)Ms. Julie G. Duffy, Exec. VP of HR (Age 52)Mr. Mark S. Bamford, VP, Corp. Controller & Principal Accounting Officer (Age 54) Who are Textron's major shareholders? Textron's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc (9.92%), Capital Research Global Investors (7.83%), BlackRock Inc. (7.46%), TIAA CREF Investment Management LLC (2.11%), Primecap Management Co. CA (2.05%) and Victory Capital Management Inc. (1.62%). Company insiders that own Textron stock include E Robert Lupone, Frank T Connor, Julie G Duffy and Scott C Donnelly. View Institutional Ownership Trends for Textron. Which institutional investors are selling Textron stock? TXT stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Capital Research Global Investors, Vanguard Group Inc, Scopus Asset Management L.P., Mitsubishi UFJ Trust & Banking Corp, TCW Group Inc., BlackRock Inc. and TIAA CREF Investment Management LLC. Company insiders that have sold Textron company stock in the last year include E Robert Lupone, Frank T Connor, Julie G Duffy and Scott C Donnelly. View Insider Buying and Selling for Textron. Which institutional investors are buying Textron stock? TXT stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, First Trust Advisors LP, Primecap Management Co. CA, JPMorgan Chase & Co., JPMorgan Chase & Co., AQR Capital Management LLC, Deutsche Bank AG and Bank of New York Mellon Corp. View Insider Buying and Selling for Textron. How do I buy shares of Textron? Shares of TXT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Textron's stock price today? One share of TXT stock can currently be purchased for approximately $49.47. How big of a company is Textron? Textron has a market capitalization of $12.14 billion and generates $14.20 billion in revenue each year. The aerospace company earns $307 million in net income (profit) each year or $2.45 on an earnings per share basis. Textron employs 37,000 workers across the globe. What is Textron's official website? The official website for Textron is http://www.textron.com. How can I contact Textron? Textron's mailing address is 40 WESTMINSTER STREET, PROVIDENCE RI, 02903. The aerospace company can be reached via phone at 401-421-2800. MarketBeat Community Rating for Textron (NYSE TXT)Community Ranking: 2.6 out of 5 ( )Outperform Votes: 424 (Vote Outperform)Underperform Votes: 402 (Vote Underperform)Total Votes: 826MarketBeat's community ratings are surveys of what our community members think about Textron and other stocks. Vote "Outperform" if you believe TXT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TXT will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 12/16/2018 by MarketBeat.com StaffFeatured Article: What are catch-up contributions?