Textron (NYSE:TXT) Updates FY 2026 Earnings Guidance

Textron (NYSE:TXT) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 6.400-6.600 for the period, compared to the consensus estimate of 6.770. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several research firms have recently commented on TXT. JPMorgan Chase & Co. reduced their price target on shares of Textron from $90.00 to $88.00 and set a “neutral” rating for the company in a research report on Monday, October 27th. TD Cowen decreased their target price on Textron from $95.00 to $90.00 and set a “hold” rating on the stock in a report on Friday, October 24th. Sanford C. Bernstein reiterated a “market perform” rating and set a $94.00 target price on shares of Textron in a research report on Tuesday, January 6th. Susquehanna reaffirmed a “positive” rating and set a $110.00 price objective on shares of Textron in a research report on Thursday, January 15th. Finally, Freedom Capital raised shares of Textron to a “strong-buy” rating in a report on Friday, January 16th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $97.90.

Textron Stock Performance

TXT stock opened at $94.31 on Wednesday. Textron has a twelve month low of $57.70 and a twelve month high of $96.98. The business’s fifty day simple moving average is $88.28 and its two-hundred day simple moving average is $83.94. The firm has a market cap of $16.62 billion, a price-to-earnings ratio of 20.73, a PEG ratio of 1.42 and a beta of 1.00. The company has a quick ratio of 0.86, a current ratio of 1.84 and a debt-to-equity ratio of 0.45.

Textron (NYSE:TXT) last announced its quarterly earnings results on Wednesday, January 28th. The aerospace company reported $1.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.05). Textron had a net margin of 5.81% and a return on equity of 14.16%. The company had revenue of $4.18 billion during the quarter, compared to analysts’ expectations of $4.11 billion. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. Analysts predict that Textron will post 6.12 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of TXT. Glenmede Investment Management LP raised its position in Textron by 1.0% in the third quarter. Glenmede Investment Management LP now owns 14,123 shares of the aerospace company’s stock valued at $1,193,000 after purchasing an additional 142 shares during the period. Geneos Wealth Management Inc. raised its holdings in Textron by 18.8% in the second quarter. Geneos Wealth Management Inc. now owns 998 shares of the aerospace company’s stock valued at $80,000 after acquiring an additional 158 shares in the last quarter. Coldstream Capital Management Inc. raised its holdings in shares of Textron by 5.4% in the 3rd quarter. Coldstream Capital Management Inc. now owns 4,164 shares of the aerospace company’s stock valued at $352,000 after purchasing an additional 214 shares in the last quarter. Pathstone Holdings LLC boosted its holdings in Textron by 1.2% in the third quarter. Pathstone Holdings LLC now owns 20,951 shares of the aerospace company’s stock valued at $1,770,000 after purchasing an additional 257 shares in the last quarter. Finally, United Capital Financial Advisors LLC raised its stake in Textron by 3.6% during the 3rd quarter. United Capital Financial Advisors LLC now owns 7,756 shares of the aerospace company’s stock worth $655,000 after acquiring an additional 270 shares in the last quarter. 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.