Bull Harbor Capital LLC acquired a new stake in Textron Inc. (NYSE:TXT – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 11,610 shares of the aerospace company’s stock, valued at approximately $1,017,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of TXT. AQR Capital Management LLC boosted its stake in shares of Textron by 51.1% during the fourth quarter. AQR Capital Management LLC now owns 5,357,182 shares of the aerospace company’s stock valued at $466,986,000 after purchasing an additional 1,811,787 shares during the period. Adage Capital Partners GP L.L.C. increased its stake in Textron by 270.7% in the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 1,005,843 shares of the aerospace company’s stock worth $80,759,000 after buying an additional 734,478 shares during the period. Balyasny Asset Management L.P. bought a new stake in Textron during the 3rd quarter valued at about $56,255,000. Dimensional Fund Advisors LP lifted its holdings in Textron by 18.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,551,781 shares of the aerospace company’s stock valued at $222,455,000 after buying an additional 405,314 shares in the last quarter. Finally, AEGON ASSET MANAGEMENT UK Plc purchased a new stake in Textron in the 1st quarter valued at about $34,274,000. Hedge funds and other institutional investors own 86.03% of the company’s stock.
Insider Buying and Selling
In related news, Director Thomas A. Kennedy bought 10,300 shares of the stock in a transaction on Friday, May 1st. The stock was bought at an average price of $95.98 per share, for a total transaction of $988,594.00. Following the completion of the acquisition, the director directly owned 20,162 shares in the company, valued at approximately $1,935,148.76. This represents a 104.44% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director R Kerry Clark sold 2,517 shares of the stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $93.09, for a total value of $234,307.53. Following the sale, the director directly owned 8,611 shares in the company, valued at $801,597.99. This trade represents a 22.62% decrease in their position. The SEC filing for this sale provides additional information. 1.90% of the stock is currently owned by company insiders.
Key Textron News
- Positive Sentiment: Textron reported adjusted second-quarter EPS of $1.62, above the $1.55 analyst consensus, while revenue increased 3% year over year to $3.83 billion. Higher aircraft pricing and sustained Bell helicopter demand supported the results. Reuters earnings report
- Positive Sentiment: Bell revenue rose 6%, with commercial helicopter deliveries increasing to 36 from 32 a year earlier. Textron also returned $209 million to shareholders through share repurchases. Textron revenue and shareholder returns
- Positive Sentiment: Textron Aviation’s Cessna Citation CJ3 Gen3 completed its first flight, moving the next-generation light jet closer to certification. All three Citation Gen3 light jets are now in flight testing. Cessna Citation CJ3 Gen3 first flight
- Neutral Sentiment: The company began a sale process for its Industrial segment. A divestiture could sharpen Textron’s focus and unlock value, but it also introduces execution and timing uncertainty. Textron Industrial segment sale
- Negative Sentiment: Textron reiterated—not increased—its 2026 adjusted EPS outlook of $6.40 to $6.60, which was viewed as insufficient after the quarterly beat and roughly brackets consensus expectations.
- Negative Sentiment: Textron Aviation profit fell 3% as manufacturing inefficiencies, lower aircraft volume and an unfavorable mix offset pricing gains. Manufacturing cash flow before pension contributions dropped to $154 million from $336 million a year earlier.
- Negative Sentiment: The outlook assumes additional fiscal 2026 funding for the MV-75 Cheyenne program. Without it, adjusted EPS could be reduced by $0.20–$0.30 and cash flow by $150 million–$250 million. Supply-chain challenges and broader Middle East-related operational and cyber risks add further uncertainty. Textron Q2 earnings call highlights
Wall Street Analysts Forecast Growth
TXT has been the topic of a number of research analyst reports. TD Cowen dropped their target price on shares of Textron from $115.00 to $105.00 and set a “hold” rating on the stock in a research note on Monday, July 13th. Citigroup lifted their price target on shares of Textron from $97.00 to $99.00 and gave the company a “neutral” rating in a research note on Thursday, April 2nd. Wall Street Zen upgraded Textron from a “hold” rating to a “buy” rating in a report on Monday, July 20th. Weiss Ratings raised Textron from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, July 13th. Finally, UBS Group restated a “neutral” rating and set a $95.00 price objective on shares of Textron in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, Textron has a consensus rating of “Moderate Buy” and an average target price of $102.44.
Read Our Latest Stock Analysis on Textron
Textron Stock Down 4.7%
NYSE:TXT opened at $85.76 on Thursday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.71 and a quick ratio of 0.87. Textron Inc. has a 1-year low of $75.80 and a 1-year high of $101.57. The company has a 50-day moving average of $91.15 and a 200 day moving average of $92.07. The firm has a market cap of $14.91 billion, a PE ratio of 16.18, a price-to-earnings-growth ratio of 1.35 and a beta of 0.90.
Textron (NYSE:TXT – Get Free Report) last posted its earnings results on Tuesday, July 28th. The aerospace company reported $1.62 EPS for the quarter, beating analysts’ consensus estimates of $1.55 by $0.07. Textron had a net margin of 6.12% and a return on equity of 14.30%. The business had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.81 billion. During the same quarter last year, the firm posted $1.55 EPS. The company’s revenue for the quarter was up 3.0% on a year-over-year basis. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. As a group, research analysts anticipate that Textron Inc. will post 6.55 EPS for the current fiscal year.
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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