New York State Teachers Retirement System Has $13.64 Million Stake in Textron Inc. $TXT

New York State Teachers Retirement System lifted its holdings in shares of Textron Inc. (NYSE:TXT) by 10.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 156,485 shares of the aerospace company’s stock after purchasing an additional 15,159 shares during the quarter. New York State Teachers Retirement System’s holdings in Textron were worth $13,641,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Glenmede Investment Management LP lifted its holdings in Textron by 1.0% during the 3rd 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 last quarter. Geneos Wealth Management Inc. boosted its position in Textron by 18.8% during the second quarter. Geneos Wealth Management Inc. now owns 998 shares of the aerospace company’s stock worth $80,000 after purchasing an additional 158 shares during the period. CX Institutional increased its holdings in shares of Textron by 6.8% in the third quarter. CX Institutional now owns 2,529 shares of the aerospace company’s stock valued at $214,000 after purchasing an additional 162 shares during the last quarter. Assetmark Inc. raised its position in shares of Textron by 52.2% in the third quarter. Assetmark Inc. now owns 493 shares of the aerospace company’s stock valued at $42,000 after purchasing an additional 169 shares during the period. Finally, Arizona State Retirement System raised its position in shares of Textron by 0.3% in the third quarter. Arizona State Retirement System now owns 53,256 shares of the aerospace company’s stock valued at $4,500,000 after purchasing an additional 172 shares during the period. Institutional investors own 86.03% of the company’s stock.

Textron Trading Down 0.0%

Shares of Textron stock opened at $94.71 on Monday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.87 and a current ratio of 1.84. The firm has a 50-day moving average of $92.01 and a 200-day moving average of $89.02. Textron Inc. has a 52-week low of $69.46 and a 52-week high of $101.57. The stock has a market cap of $16.49 billion, a PE ratio of 18.11, a PEG ratio of 1.42 and a beta of 0.93.

Textron (NYSE:TXT) last released its quarterly earnings results on Thursday, April 30th. The aerospace company reported $1.45 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.15. Textron had a net margin of 6.15% and a return on equity of 14.56%. The business had revenue of $3.70 billion for the quarter, compared to analyst estimates of $3.50 billion. During the same period last year, the firm earned $1.28 earnings per share. Textron’s revenue for the quarter was up 11.8% compared to the same quarter last year. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. As a group, sell-side analysts forecast that Textron Inc. will post 6.58 EPS for the current year.

Textron Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Friday, June 12th will be issued a dividend of $0.02 per share. The ex-dividend date of this dividend is Friday, June 12th. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. Textron’s dividend payout ratio (DPR) is currently 1.53%.

Insider Activity at Textron

In other Textron news, Director Thomas A. Kennedy purchased 10,300 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was bought at an average cost 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 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 document filed with the SEC, which is available through this link. Also, Chairman Scott C. Donnelly sold 219,619 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $98.41, for a total value of $21,612,705.79. Following the completion of the sale, the chairman owned 742,418 shares of the company’s stock, valued at approximately $73,061,355.38. This trade represents a 22.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 304,473 shares of company stock valued at $29,976,723. 1.90% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Susquehanna reaffirmed a “positive” rating and set a $110.00 target price on shares of Textron in a report on Thursday, January 15th. Sanford C. Bernstein increased their price target on shares of Textron from $94.00 to $108.00 and gave the company a “market perform” rating in a report on Thursday, February 19th. Wall Street Zen downgraded shares of Textron from a “strong-buy” rating to a “buy” rating in a research report on Friday, January 23rd. Freedom Capital upgraded Textron to a “strong-buy” rating in a report on Friday, January 16th. Finally, TD Cowen raised Textron from a “hold” rating to a “buy” rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $98.18.

Textron News Summary

Here are the key news stories impacting Textron this week:

• Positive Sentiment: Q1 results beat and revenue/earnings momentum — Textron reported stronger-than-expected Q1 revenue and EPS, with double-digit year-over-year revenue growth and updated FY‑2026 EPS guidance roughly in line with Street estimates; management emphasized defense and aviation demand. Press Release
• Positive Sentiment: Analyst upgrade — TD Cowen upgraded TXT from Hold to Buy, which can support share price and attract new buyers. The Fly
• Positive Sentiment: Insider buying — Director Thomas A. Kennedy purchased 10,300 shares at about $96, increasing his stake substantially; insider buys are often read as management confidence in near‑to‑midterm prospects. SEC Form 4
• Positive Sentiment: Business win in autonomous logistics — Bell (a Textron company) was selected as a partner for an uncrewed logistics program for the U.S. Marine Corps, underlining defense/technology demand. Financial Post
• Neutral Sentiment: Intent to separate Industrial segment — Management announced plans to separate the Industrial segment (sale or tax-free spinoff possible), aiming to create a purer aerospace & defense company and unlock value; this is strategic but creates near-term execution and structural questions. Business Wire
• Neutral Sentiment: Market/analysis coverage: deep dives and call takeaways — Multiple outlets and the earnings call highlighted defense momentum and industrial separation plans; these provide transparency but also emphasize timing (12–18 months) and steps ahead. MSN deep dive
• Negative Sentiment: Separation execution/timing risk — Coverage stresses the 12–18 month window and potential options (sale vs. tax-free spinoff); investors may sell into uncertainty about value realization, tax implications, and one‑time costs. Seeking Alpha

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.