Textron Inc. (NYSE:TXT) Receives $97.20 Average Target Price from Analysts

Shares of Textron Inc. (NYSE:TXT) have received a consensus recommendation of “Moderate Buy” from the twelve research firms that are covering the firm, Marketbeat Ratings reports. Seven analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $97.20.

Several research firms have recently commented on TXT. Freedom Capital raised shares of Textron to a “strong-buy” rating in a research report on Friday, January 16th. TD Cowen reduced their target price on Textron from $95.00 to $90.00 and set a “hold” rating on the stock in a research report on Friday, October 24th. JPMorgan Chase & Co. increased their price target on Textron from $88.00 to $90.00 and gave the stock a “neutral” rating in a report on Thursday, January 29th. Wall Street Zen downgraded Textron from a “strong-buy” rating to a “buy” rating in a research report on Friday, January 23rd. Finally, Citigroup decreased their target price on shares of Textron from $107.00 to $97.00 and set a “neutral” rating on the stock in a research report on Thursday, January 29th.

Hedge Funds Weigh In On Textron

Several large investors have recently made changes to their positions in TXT. State Street Corp raised its position in Textron by 2.6% in the fourth quarter. State Street Corp now owns 9,464,324 shares of the aerospace company’s stock valued at $825,193,000 after purchasing an additional 244,017 shares during the period. Invesco Ltd. grew its stake in shares of Textron by 1.7% in the third quarter. Invesco Ltd. now owns 8,270,901 shares of the aerospace company’s stock valued at $698,808,000 after buying an additional 140,713 shares in the last quarter. Boston Partners grew its stake in shares of Textron by 0.9% in the third quarter. Boston Partners now owns 7,257,533 shares of the aerospace company’s stock valued at $613,327,000 after buying an additional 66,747 shares in the last quarter. LSV Asset Management raised its holdings in shares of Textron by 7.2% in the 2nd quarter. LSV Asset Management now owns 4,153,321 shares of the aerospace company’s stock valued at $333,470,000 after buying an additional 279,237 shares during the period. Finally, AQR Capital Management LLC lifted its stake in Textron by 33.1% during the 3rd quarter. AQR Capital Management LLC now owns 3,545,395 shares of the aerospace company’s stock worth $298,239,000 after acquiring an additional 880,783 shares in the last quarter. 86.03% of the stock is currently owned by institutional investors and hedge funds.

Textron Trading Down 0.7%

Shares of TXT stock opened at $98.06 on Friday. The company has a current ratio of 1.97, a quick ratio of 0.84 and a debt-to-equity ratio of 0.49. Textron has a twelve month low of $57.70 and a twelve month high of $100.92. The company’s 50-day moving average price is $90.91 and its 200-day moving average price is $84.73. The stock has a market cap of $17.28 billion, a price-to-earnings ratio of 19.19, a PEG ratio of 1.49 and a beta of 0.99.

Textron (NYSE:TXT) last released its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $1.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.74 by ($0.01). The firm had revenue of $4.18 billion for the quarter, compared to analyst estimates of $4.11 billion. Textron had a return on equity of 14.63% and a net margin of 6.22%.Textron’s revenue for the quarter was up 15.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.34 earnings per share. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. As a group, equities analysts predict that Textron will post 6.12 earnings per share for the current year.

About Textron

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.