6,130 Shares in Textron Inc. $TXT Purchased by Tocqueville Asset Management L.P.

Posted by Brian Himes on Aug 22nd, 2026

Tocqueville Asset Management L.P. purchased a new position in shares of Textron Inc. (NYSE:TXT – Free Report) in the second quarter, HoldingsChannel reports. The fund purchased 6,130 shares of the aerospace company’s stock, valued at approximately $562,000.

Several other institutional investors and hedge funds have also modified their holdings of the company. Activest Wealth Management lifted its holdings in shares of Textron by 3,255.6% during the 4th quarter. Activest Wealth Management now owns 302 shares of the aerospace company’s stock worth $26,000 after acquiring an additional 293 shares during the period. Wilkerson Advisory Group LLC purchased a new stake in Textron in the fourth quarter valued at approximately $26,000. Cedar Mountain Advisors LLC purchased a new stake in Textron in the first quarter valued at approximately $29,000. Elyxium Wealth LLC acquired a new position in Textron during the fourth quarter worth approximately $30,000. Finally, Strive Financial Group LLC purchased a new position in Textron during the fourth quarter worth approximately $31,000. Hedge funds and other institutional investors own 86.03% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on TXT. JPMorgan Chase & Co. increased their target price on Textron from $90.00 to $105.00 and gave the stock a “neutral” rating in a research report on Monday, May 4th. Wall Street Zen downgraded Textron from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Weiss Ratings upgraded Textron from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, July 13th. Jefferies Financial Group restated a “buy” rating on shares of Textron in a report on Sunday, May 3rd. Finally, Morgan Stanley set a $98.00 price objective on Textron in a research note on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, Textron has a consensus rating of “Moderate Buy” and an average price target of $102.44.

Check Out Our Latest Report on Textron

Textron Stock Performance

NYSE:TXT opened at $82.97 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.86 and a quick ratio of 0.85. The firm has a 50-day moving average of $89.66 and a two-hundred day moving average of $91.41. The stock has a market cap of $14.27 billion, a P/E ratio of 15.65, a PEG ratio of 1.23 and a beta of 0.91. Textron Inc. has a 1-year low of $78.12 and a 1-year high of $101.57.

Textron (NYSE:TXT – Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The aerospace company reported $1.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.55 by $0.07. The business had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.81 billion. Textron had a net margin of 6.12% and a return on equity of 14.30%. The business’s revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.55 earnings per share. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. On average, research analysts expect that Textron Inc. will post 6.5 earnings per share for the current fiscal year.

Textron Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Friday, September 11th will be paid a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Friday, September 11th. Textron’s payout ratio is presently 1.51%.

Textron Company Profile

(Free Report)

Textron Inc is a global, multi-industry manufacturing company headquartered in Providence, Rhode Island. The company designs, manufactures and services a diverse range of products for the aerospace, defense and industrial markets. Textron operates through four primary business segments—Textron Aviation, Bell, Textron Systems and Industrial—each of which serves customers around the world.

Textron Aviation is known for its Cessna and Beechcraft branded business jets and turboprop aircraft, offering models that range from light jets and turboprops to larger cabin aircraft designed for corporate and charter use.