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: $13.23 billion
  • Outstanding Shares: 269,299,000
Average Prices:
  • 50 Day Moving Avg: $47.63
  • 200 Day Moving Avg: $47.69
  • 52 Week Range: $37.19 - $50.93
P/E:
  • Trailing P/E Ratio: 15.07
  • Foreward P/E Ratio: 16.59
  • P/E Growth: 2.66
Sales & Book Value:
  • Annual Revenue: $13.77 billion
  • Price / Sales: 0.96
  • Book Value: $21.10 per share
  • Price / Book: 2.33
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: 0.49%
  • Current Ratio: 1.79%
  • Quick Ratio: 0.63%
Misc:
  • Average Volume: 1.44 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 declared a quarterly dividend on Tuesday, July 25th. Shareholders 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 annualized dividend and a yield of 0.16%. The ex-dividend date of this dividend is Thursday, September 14th. View Textron's Dividend History.

How will Textron's stock buyback program work?

Textron announced that its Board of Directors has authorized a share buyback program on Thursday, April 6th 2017, which permits the company to buyback 25,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its shares are undervalued.

How were Textron's earnings last quarter?

Textron Inc. (NYSE:TXT) posted its quarterly earnings results on Wednesday, July, 19th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.55 by $0.05. The company had revenue of $3.60 billion for the quarter, compared to the consensus estimate of $3.57 billion. Textron had a net margin of 6.45% and a return on equity of 11.97%. The company's quarterly revenue was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $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 Wednesday, October, 18th 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, July, 19th. The company provided earnings per share guidance of $2.40-2.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.53.

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

11 brokerages have issued twelve-month price targets for Textron's shares. Their forecasts range from $45.00 to $60.00. On average, they expect Textron's share price to reach $53.44 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
  • Cheryl H. Johnson, Executive Vice President - Human Resources
  • R. Kerry Clark, Lead Independent Director
  • Kathleen M. Bader, Independent Director
  • James T. Conway, Independent Director
  • Ivor J. Evans, Independent Director
  • Lawrence K. Fish, Independent Director

Who owns Textron stock?

Textron's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Russell Investments Group Ltd. (0.12%), National Pension Service (0.10%), Boston Advisors LLC (0.09%), Chevy Chase Trust Holdings Inc. (0.09%), Strs Ohio (0.06%) and Capstone Asset Management Co. (0.06%). 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 Meeder Asset Management Inc., Russell Investments Group Ltd., Bank of Montreal Can, Nisa Investment Advisors LLC, Exxonmobil Investment Management Inc. TX, First Citizens Bank & Trust Co., Capstone Asset Management Co. and Hartford Investment Management Co.. View Insider Buying and Selling for Textron.

Who bought Textron stock? Who is buying Textron stock?

Textron's stock was purchased by a variety of institutional investors in the last quarter, including Lincoln Capital Corp, Deane Retirement Strategies Inc., National Pension Service, Bank of The West, Guardian Investment Management, Aperio Group LLC, Parametrica Management Ltd and Fox Run Management L.L.C.. 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 $49.11.


MarketBeat Community Rating for Textron (NYSE TXT)
Community Ranking:  2.7 out of 5 ( )
Outperform Votes:  263 (Vote Outperform)
Underperform Votes:  220 (Vote Underperform)
Total Votes:  483
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, 3 Hold Ratings, 6 Buy Ratings
Consensus Rating:Hold (Score: 2.36)
Consensus Price Target: $53.44 (8.83% upside)

Analysts' Ratings History for Textron (NYSE:TXT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/22/2017Wells Fargo & CompanyReiterated 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
8/31/2016Drexel HamiltonReiterated RatingHoldN/AView Rating Details
8/15/2016Morgan StanleyReiterated RatingSellN/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
9/2/2015Citigroup Inc.UpgradeNeutral -> Buy$50.00N/AView Rating Details
(Data available from 7/26/2015 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
10/18/2017$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:0.16%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:2.45% (Trailing 12 Months of Earnings)
3.17% (Based on This Year's Estimates)
2.70% (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: 82.66%
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. 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
americanbankingnews.com logoTextron Inc. (TXT) Downgraded to Underperform at Bank of America Corporation
www.americanbankingnews.com - July 21 at 7:50 AM
fool.com logoTextron Rides Bell Helicopter and Arctic Cat to a Quarterly Win
www.fool.com - July 20 at 7:05 PM
americanbankingnews.com logoTextron (NYSE:TXT) vs. Boeing Company (The) (BA) Financial Survey
www.americanbankingnews.com - July 20 at 6:26 PM
finance.yahoo.com logoInvestor Network: Textron Inc. to Host Earnings Call
finance.yahoo.com - July 20 at 9:12 AM
finance.yahoo.com logoTextron (TXT) Beats on Q2 Earnings & Revenue Estimates
finance.yahoo.com - July 20 at 9:12 AM
finance.yahoo.com logoTextron (TXT) Tops Q2 Earnings, Retains '17 EPS Outlook
finance.yahoo.com - July 20 at 9:11 AM
finance.yahoo.com logoFewer turboprop deliveries drag down Textron's 2Q revenue
finance.yahoo.com - July 20 at 9:11 AM
finance.yahoo.com logoTextron tops Street 2Q forecasts
finance.yahoo.com - July 20 at 9:11 AM
finance.yahoo.com logoEdited Transcript of TXT earnings conference call or presentation 19-Jul-17 12:00pm GMT
finance.yahoo.com - July 20 at 9:11 AM
americanbankingnews.com logoCredit Suisse Group Reaffirms "Outperform" Rating for Textron Inc. (NYSE:TXT)
www.americanbankingnews.com - July 20 at 9:11 AM
americanbankingnews.com logoReviewing Boeing Company (The) (BA) & Textron (NYSE:TXT)
www.americanbankingnews.com - July 19 at 4:12 PM
americanbankingnews.com logoTextron Inc. (TXT) Releases Earnings Results, Beats Expectations By $0.05 EPS
www.americanbankingnews.com - July 19 at 12:38 PM
americanbankingnews.com logoTextron Inc. (NYSE:TXT) Issues FY17 Earnings Guidance
www.americanbankingnews.com - July 19 at 9:56 AM
benzinga.com logoA Peek Into The Markets: US Stock Futures Mixed; Morgan Stanley Profit Tops Views - Benzinga
www.benzinga.com - July 19 at 8:40 AM
nasdaq.com logoTextron profit falls 13.6 pct - Nasdaq
www.nasdaq.com - July 19 at 8:40 AM
americanbankingnews.com logoZacks Investment Research Upgrades Textron Inc. (NYSE:TXT) to Buy
www.americanbankingnews.com - July 18 at 7:21 PM
americanbankingnews.com logoTextron Inc. (NYSE:TXT) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - July 18 at 1:53 PM
finance.yahoo.com logoJulie G. Duffy Appointed Textron’s Executive Vice President, Human Resources
finance.yahoo.com - July 18 at 9:23 AM
americanbankingnews.com logoHead to Head Survey: Textron (TXT) & Boeing Company (The) (BA)
www.americanbankingnews.com - July 17 at 2:30 PM
americanbankingnews.com logoTextron Inc. (TXT) Scheduled to Post Earnings on Wednesday
www.americanbankingnews.com - July 17 at 8:10 AM
nasdaq.com logoTextron Wins $22M Deal to Offer Logistics Support for 407GX ... - Nasdaq
www.nasdaq.com - July 14 at 9:31 PM
finance.yahoo.com logoETFs with exposure to Textron, Inc. : July 14, 2017
finance.yahoo.com - July 14 at 9:31 PM
finance.yahoo.com logoTextron Wins $22M Deal to Offer Logistics Support for 407GX
finance.yahoo.com - July 14 at 9:31 AM
americanbankingnews.com logoTextron Inc. to Post Q3 2017 Earnings of $0.67 Per Share, Jefferies Group Forecasts (NYSE:TXT)
www.americanbankingnews.com - July 13 at 10:00 AM
americanbankingnews.com logoTextron Inc. (NYSE:TXT) Rating Increased to Hold at BidaskClub
www.americanbankingnews.com - July 12 at 10:56 PM
americanbankingnews.com logoBrokers Offer Predictions for Textron Inc.'s Q4 2017 Earnings (TXT)
www.americanbankingnews.com - July 12 at 12:17 PM
americanbankingnews.com logoContrasting Textron (NYSE:TXT) and Boeing Company (The) (BA)
www.americanbankingnews.com - July 12 at 12:06 AM
americanbankingnews.com logoTextron (NYSE:TXT) & Boeing Company (The) (BA) Head to Head Survey
www.americanbankingnews.com - July 11 at 10:30 AM
finance.yahoo.com logoBell 525 Relentless Resumes Flight Test Program
finance.yahoo.com - July 8 at 3:00 PM
fool.com logoIf a Textron Exec Lands in the Pentagon, Will Scorpion Jet Finally Find a Buyer?
www.fool.com - July 7 at 4:30 PM
finance.yahoo.com logoTextron, Inc. breached its 50 day moving average in a Bullish Manner : TXT-US : July 3, 2017
finance.yahoo.com - July 4 at 8:20 AM
streetinsider.com logoTextron (TXT) Names Lisa Atherton as President and CEO of Textron Systems
www.streetinsider.com - June 29 at 8:59 PM
americanbankingnews.com logo Analysts Anticipate Textron Inc. (TXT) Will Announce Quarterly Sales of $3.60 Billion
www.americanbankingnews.com - June 29 at 11:42 AM
streetinsider.com logoTextron (TXT) Names Lisa Atherton as President and CEO of Textron Systems - StreetInsider.com
www.streetinsider.com - June 29 at 7:40 AM
finance.yahoo.com logoTextron Announces Lisa Atherton as President & CEO of Textron Systems
finance.yahoo.com - June 29 at 7:40 AM
americanbankingnews.com logoTextron Inc. (TXT) Downgraded to Strong Sell at BidaskClub
www.americanbankingnews.com - June 27 at 4:04 PM
americanbankingnews.com logoTextron Inc. (TXT) Cut to "Sell" at Zacks Investment Research
www.americanbankingnews.com - June 27 at 1:36 PM
zacks.com logoTextron (TXT) Unit Awarded $30M MEUAS Modification Contract
www.zacks.com - June 27 at 9:24 AM
americanbankingnews.com logo$0.55 Earnings Per Share Expected for Textron Inc. (TXT) This Quarter
www.americanbankingnews.com - June 27 at 8:33 AM

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Chart

Textron (TXT) Chart for Wednesday, July, 26, 2017

This page was last updated on 7/26/2017 by MarketBeat.com Staff