Textron (NYSE:TXT – Get Free Report) will likely be announcing its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect the company to post earnings of $1.43 per share and revenue of $3.77 billion for the quarter. Individuals can check the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, October 29, 2026 at 8:00 AM ET.
Textron (NYSE:TXT – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The aerospace company reported $1.62 earnings per share for the quarter, topping the consensus estimate of $1.55 by $0.07. The business had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.81 billion. Textron had a net margin of 6.12% and a return on equity of 14.30%. The company’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period last year, the firm earned $1.55 earnings per share. On average, analysts expect Textron to post $6.51 EPS for the current fiscal year and $7.31 EPS for the next fiscal year.
Textron Trading Up 1.7%
Shares of Textron stock opened at $78.16 on Tuesday. Textron has a 1-year low of $71.87 and a 1-year high of $101.57. The company’s fifty day simple moving average is $78.89 and its 200-day simple moving average is $88.51. 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 stock has a market capitalization of $13.44 billion, a PE ratio of 14.75, a P/E/G ratio of 1.11 and a beta of 0.91.
Textron Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Friday, September 11th were issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Friday, September 11th. Textron’s dividend payout ratio (DPR) is currently 1.51%.
Wall Street Analyst Weigh In
TXT has been the topic of several analyst reports. Wall Street Zen downgraded Textron from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Weiss Ratings cut Textron from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, September 18th. UBS Group reaffirmed a “neutral” rating and issued a $95.00 price objective on shares of Textron in a research note on Wednesday, July 29th. Citigroup lowered their price objective on Textron from $99.00 to $86.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 7th. Finally, TD Cowen lowered their price objective on Textron from $105.00 to $100.00 and set a “buy” rating on the stock in a research report on Friday, October 9th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $99.11.
Check Out Our Latest Analysis on TXT
Textron Company Profile
Textron Inc (NYSE:TXT) is a diversified industrial company that develops and manufactures aircraft, helicopters, specialized vehicles, defense systems and other industrial products. Founded in 1923 by Royal Little, the company has grown through the development and acquisition of businesses serving commercial, government and consumer markets.
Textron Aviation produces business jets, turboprop aircraft and general aviation aircraft under the Cessna and Beechcraft brands. Bell designs and manufactures military and commercial helicopters, tiltrotor aircraft and related support services.
Featured Stories
- Five stocks we like better than Textron
- Comfort Systems Earnings: AI Slowdown or More Growth Ahead?
- Bristol Myers Squibb’s Cancer Breakthrough Could Have Implications Beyond Its Own Stock
- 5 Beaten-Down Growth Stocks Trading Like Value Plays as Cash Chases Mega-Caps
- Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
Receive News & Ratings for Textron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Textron and related companies with MarketBeat.com's FREE daily email newsletter.
