Textron (NYSE:TXT) Stock Crosses Above Fifty Day Moving Average – What’s Next?

Shares of Textron Inc. (NYSE:TXT) crossed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $78.55 and traded as high as $89.90. Textron shares last traded at $87.8280, with a volume of 4,282,499 shares traded.

Textron News Roundup

Here are the key news stories impacting Textron this week:

• Positive Sentiment: Earnings beat expectations: Adjusted earnings were $1.76 per share, well above the $1.43 analyst consensus and up from $1.55 a year earlier. Revenue increased 4.1% year over year to $3.75 billion, broadly matching expectations. Textron Q3 Earnings Beat Estimates
• Positive Sentiment: Higher 2026 guidance: Textron raised its adjusted EPS outlook to $6.55-$6.65 and increased its manufacturing cash-flow forecast before pension contributions to $800 million-$900 million. The improved outlook gives investors greater confidence in earnings and cash generation. Textron Reports Third Quarter 2026 Results
• Positive Sentiment: Aviation performance strengthened: Textron Aviation revenue rose 14% to $1.68 billion, supported by 51 Citation jet deliveries versus 42 in the prior-year quarter. Investors viewed the delivery improvement as evidence of healthier demand in a key business. Why Textron Stock Popped
• Positive Sentiment: Defense visibility improved: Congressional approval related to the U.S. Army’s MV-75 Cheyenne request and contract modifications may support future defense revenue. Textron also reported stronger results at Textron Systems, while Bell announced an additional Bell 407GXi order from Global Medical Response. Textron Q3 2026 Earnings
• Neutral Sentiment: Textron declared its regular $0.02 quarterly dividend. Bell revenue declined 9% year over year, partially offsetting gains in Aviation and Systems.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Morgan Stanley dropped their target price on Textron from $98.00 to $86.00 and set an “equal weight” rating on the stock in a research report on Friday, October 16th. TD Cowen reduced their price target on Textron from $105.00 to $100.00 and set a “buy” rating for the company in a report on Friday, October 9th. UBS Group reiterated a “neutral” rating and set a $95.00 price target on shares of Textron in a research report on Wednesday, July 29th. Weiss Ratings lowered Textron from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday. Finally, Wall Street Zen lowered Textron from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Textron presently has a consensus rating of “Hold” and a consensus target price of $99.11.

Textron Trading Up 12.1%

The company’s fifty day simple moving average is $78.55 and its 200-day simple moving average is $88.36. The firm has a market capitalization of $15.11 billion, a PE ratio of 16.57, a P/E/G ratio of 1.14 and a beta of 0.91. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.86 and a quick ratio of 0.85.

Textron (NYSE:TXT) last released its earnings results on Thursday, October 29th. The aerospace company reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.33. Textron had a net margin of 6.12% and a return on equity of 14.30%. The business had revenue of $3.75 billion during the quarter, compared to analysts’ expectations of $3.77 billion. During the same quarter in the previous year, the company earned $1.55 earnings per share. The company’s quarterly revenue was up 4.1% on a year-over-year basis. As a group, sell-side analysts expect that Textron Inc. will post 6.51 earnings per share for the current fiscal year.

Textron Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 1st. Investors of record on Friday, December 11th will be issued a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 0.1%. The ex-dividend date is Friday, December 11th. Textron’s payout ratio is presently 1.51%.

Hedge Funds Weigh In On Textron

A number of hedge funds have recently made changes to their positions in TXT. GRIMES & Co WEALTH MANAGEMENT LLC boosted its stake in shares of Textron by 0.9% in the third quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 93,751 shares of the aerospace company’s stock worth $7,144,000 after acquiring an additional 845 shares during the last quarter. Capital Management Corp VA increased its position in shares of Textron by 12.0% during the third quarter. Capital Management Corp VA now owns 15,217 shares of the aerospace company’s stock worth $1,160,000 after purchasing an additional 1,635 shares in the last quarter. Welch Group LLC raised its stake in Textron by 3.1% in the 3rd quarter. Welch Group LLC now owns 15,879 shares of the aerospace company’s stock valued at $1,210,000 after purchasing an additional 479 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in Textron in the 3rd quarter valued at $3,389,000. Finally, ProShare Advisors LLC raised its stake in Textron by 8.6% in the 3rd quarter. ProShare Advisors LLC now owns 48,549 shares of the aerospace company’s stock valued at $3,699,000 after purchasing an additional 3,851 shares during the last quarter. Institutional investors and hedge funds own 86.03% of the company’s stock.

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.