Textron (NYSE:TXT – Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 6.400-6.600 for the period, compared to the consensus EPS estimate of 6.530. The company issued revenue guidance of -, compared to the consensus revenue estimate of $15.6 billion.
Textron Price Performance
Shares of NYSE TXT opened at $88.66 on Tuesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.84 and a quick ratio of 0.87. The company has a market cap of $15.42 billion, a price-to-earnings ratio of 17.25, a price-to-earnings-growth ratio of 1.43 and a beta of 0.90. The stock’s 50-day moving average is $91.19 and its two-hundred day moving average is $92.11. Textron has a 1-year low of $75.80 and a 1-year high of $101.57.
Textron (NYSE:TXT – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The aerospace company reported $1.62 EPS for the quarter, topping analysts’ consensus estimates of $1.55 by $0.07. Textron had a return on equity of 14.56% and a net margin of 6.15%.During the same quarter in the prior year, the firm earned $1.55 earnings per share. The business’s quarterly revenue was up 3.0% on a year-over-year basis. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. Analysts forecast that Textron will post 6.6 EPS for the current fiscal year.
Textron Announces Dividend
Analysts Set New Price Targets
Several analysts have recently weighed in on the company. Jefferies Financial Group reissued a “buy” rating on shares of Textron in a report on Sunday, May 3rd. Citigroup increased their price objective on Textron from $97.00 to $99.00 and gave the company a “neutral” rating in a report on Thursday, April 2nd. UBS Group lifted their target price on shares of Textron from $99.00 to $100.00 and gave the company a “buy” rating in a report on Monday, May 4th. Morgan Stanley set a $97.00 price objective on shares of Textron in a research report on Wednesday, July 15th. Finally, Wall Street Zen raised shares of Textron from a “hold” rating to a “buy” rating in a report on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $103.10.
Get Our Latest Analysis on Textron
Insider Buying and Selling
In other Textron news, Director Thomas A. Kennedy acquired 10,300 shares of the business’s stock in a transaction on Friday, May 1st. The stock was purchased at an average price of $95.98 per share, for a total transaction of $988,594.00. Following the completion of the transaction, the director owned 20,162 shares of the company’s stock, valued at $1,935,148.76. The trade was a 104.44% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director R Kerry Clark sold 2,517 shares of the business’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $93.09, for a total transaction of $234,307.53. Following the sale, the director owned 8,611 shares in the company, valued at $801,597.99. The trade was a 22.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.90% of the stock is currently owned by insiders.
Key Stories Impacting Textron
Here are the key news stories impacting Textron this week:
- Positive Sentiment: Textron reported adjusted earnings of $1.62 per share, above the $1.52–$1.55 analyst consensus and up from $1.55 a year earlier. Revenue increased 3% to $3.83 billion, also surpassing estimates. Textron Q2 Earnings and Revenues Surpass Estimates
- Positive Sentiment: Higher aircraft pricing helped drive the earnings beat, while Bell revenue rose 6% to $1.1 billion and commercial helicopter deliveries increased to 36 from 32. Textron Aviation delivered 40 jets and 44 commercial turboprops. Textron tops quarterly results estimates on higher aircraft pricing
- Positive Sentiment: The company returned $209 million to shareholders through share repurchases, providing additional support for per-share results and signaling confidence in cash generation. First-half revenue was up 7% year over year.
- Positive Sentiment: Textron Systems’ Cottonmouth reconnaissance vehicle program received manufacturing support, reflecting potential longer-term defense activity tied to a U.S. Marine Corps award. Cottonmouth vehicle development support
- Neutral Sentiment: Textron reaffirmed its 2026 adjusted EPS outlook of $6.40–$6.60. The midpoint is slightly below the $6.53 consensus estimate, limiting the potential upside from the quarterly beat.
- Neutral Sentiment: The company initiated a sale process for its Industrial segment. This could sharpen focus on aerospace and defense, but proceeds, timing and strategic impact remain uncertain.
Hedge Funds Weigh In On Textron
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wilkerson Advisory Group LLC purchased a new position in Textron during the fourth quarter worth $26,000. Strive Financial Group LLC purchased a new stake in shares of Textron during the fourth quarter worth about $31,000. Parkside Financial Bank & Trust lifted its stake in shares of Textron by 22.3% during the fourth quarter. Parkside Financial Bank & Trust now owns 653 shares of the aerospace company’s stock valued at $57,000 after buying an additional 119 shares during the period. Lazard Asset Management LLC acquired a new stake in Textron during the second quarter worth approximately $62,000. Finally, Transamerica Financial Advisors LLC grew its stake in Textron by 167.0% in the 4th quarter. Transamerica Financial Advisors LLC now owns 913 shares of the aerospace company’s stock worth $80,000 after acquiring an additional 571 shares during the period. Institutional investors and hedge funds own 86.03% of the company’s stock.
Textron Company Profile
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.
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