Textron
TXT
Market cap $16.9B

90.32 USD

+2.68

3.06%

At close Oct 17, 4:00 PM EDT

After hours

90.32

+0.00

0.00%

1 day

3.06%

5 days

4.60%

1 month

1.84%

3 months

-1.90%

6 months

-2.05%

Year to date

12.30%

1 year

13.07%

5 years

89.15%

About: Textron is a conglomerate that designs, manufactures, and services a range of specialty aircraft including small jets, propeller-driven airplanes, helicopters, and tilt-rotor aircraft. Textron Aviation manufactures and services Cessna and Beechcraft planes. Bell is a helicopter and tilt-rotor manufacturer and servicer for both commercial and military customers. Textron Systems produces uncrewed aircraft and armored vehicles for the military market as well as aircraft simulators and training for the commercial and military markets. Textron Industrial contains the Kautex business, which manufactures plastic fuel tanks for conventional and hybrid motor vehicles, and other subsidiaries that produce specialized vehicles such as golf carts, snowmobiles, and all-terrain vehicles.

Employees: 35,000

Industrials Aircraft & Parts

0

Funds holding %

of 6,740 funds

0

Analysts bullish %

of 7 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

1% more call options, than puts

Call options by funds: $74.4M | Put options by funds: $73.6M

2.07% less ownership

Funds ownership: 85.45% [Q1] → 83.37% (-2.07%) [Q2]

4% less funds holding

Funds holding: 692 [Q1] → 665 (-27) [Q2]

13% less capital invested

Capital invested by funds: $15.7B [Q1] → $13.6B (-$2.09B) [Q2]

15% less repeat investments, than reductions

Existing positions increased: 217 | Existing positions reduced: 256

25% less funds holding in top 10

Funds holding in top 10: 4 [Q1] → 3 (-1) [Q2]

28% less first-time investments, than exits

New positions opened: 68 | Existing positions closed: 95

See Fund Rankings

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$87

4%

downside

Avg. target

$100

11%

upside

High target

$115

27%

upside

7 analyst ratings

3 positive

43%

3 neutral

43%

1 negative

14%

JP Morgan Seth Seifman 79% 1-year accuracy 22 / 28 met price target	5%upside $95	Neutral Maintained	14 Oct 2024
TD Cowen Cai Rumohr 40% 1-year accuracy 2 / 5 met price target	5%upside $95	Hold Downgraded	25 Sept 2024
Morgan Stanley Kristine Liwag 90% 1-year accuracy 18 / 20 met price target	5%upside $95	Equal-Weight Downgraded	8 Aug 2024
B of A Securities Ronald Epstein 72% 1-year accuracy 18 / 25 met price target	22%upside $110	Buy Maintained	23 Jul 2024
Citigroup Jason Gursky 86% 1-year accuracy 18 / 21 met price target	27%upside $115	Buy Maintained	22 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 12 articles about TXT published over the past 30 days

Zacks Investment Research

Earnings Preview: Textron (TXT) Q3 Earnings Expected to Decline

Textron (TXT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Textron (TXT) Q3 Earnings Expected to Decline

Textron Aviation Unveils Exclusive EvoX Upgrades: Comprehensive and Factory-Direct Modification Packages for Cessna Citation and Beechcraft King Air Customers

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation announced “EvoX,” specialized aftermarket upgrade packages designed for Cessna Citation and Beechcraft King Air customers.

Textron Aviation Unveils Exclusive EvoX Upgrades: Comprehensive and Factory-Direct Modification Packages for Cessna Citation and Beechcraft King Air Customers

Zacks Investment Research

Textron's Arm Secures Army Contract to Supply Bell 412 EPX Helicopter

TXT's unit secures a $37.7 million contract from the U.S. Army to supply the Bell 412 EPX helicopter.

Textron's Arm Secures Army Contract to Supply Bell 412 EPX Helicopter

Textron Fails To Impress, But Long-Term Growth Still Holds Promise

Textron's Q2 revenue grew by 3%, but missed estimates, while EPS beat expectations due to share repurchases, despite a decline in net income. Aviation and Bell segments showed strong performance, but the Industrial segment's decline significantly offset overall gains, raising concerns about its impact on the business. Significant backlogs in Aviation, Bell, and Systems present opportunities, but supply chain inefficiencies and a potential strike pose risks.

Textron Fails To Impress, But Long-Term Growth Still Holds Promise

Textron to Release Third Quarter Results on October 24, 2024

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) will release its third quarter 2024 financial results on Thursday morning, October 24, 2024. Textron will also host a conference call at 8:00 a.m. (Eastern) to discuss the results and the company's outlook. The call will be available via webcast at www.textron.com or by direct dial at (844) 867-6169 in the U.S. or (409) 207-6975 outside of the U.S.; Access Code: 3144750. In addition, the call will be recorded and available for playback.

Textron to Release Third Quarter Results on October 24, 2024

Buying A Dollar For 60 Cents: Uncovering 3 Dividend Gems In An Expensive Market

The S&P 500's strong performance and high valuations make finding bargains challenging. Many stocks trade at elevated P/E ratios, complicating value-driven strategies. Despite a pricey market, I've found three undervalued stocks, each with dividend yields, secular growth trends, and potential for significant price appreciation. These picks are at least 40% undervalued, offering long-term tailwinds and solid business models. They present unique opportunities in an otherwise expensive market.

Buying A Dollar For 60 Cents: Uncovering 3 Dividend Gems In An Expensive Market

Zacks Investment Research

TXT or RTX: Which Is the Better Value Stock Right Now?

Investors interested in Aerospace - Defense stocks are likely familiar with Textron (TXT) and RTX (RTX). But which of these two stocks presents investors with the better value opportunity right now?

TXT or RTX: Which Is the Better Value Stock Right Now?

Textron: The Share Price Hasn't Reached Cruising Altitude, Maintain Buy

Textron's Aviation and Bell segments achieved decent revenue growth, up by 10% and 13% YoY, respectively, despite ongoing supply chain delays. Nonetheless, revenue in the industrial segment fell by 11%, with profit dropping nearly 47% YoY in this segment. Weak demand in automotive and consumer goods is likely to persist. Key risks include reliance on US government contracts and ongoing development costs in the eAviation segment.

Textron: The Share Price Hasn't Reached Cruising Altitude, Maintain Buy

Zacks Investment Research

Are Investors Undervaluing Textron (TXT) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Textron (TXT) Right Now?

Jim Cramer reviews 10 stocks that perform well just after the start of a cutting cycle

CNBC's Jim Cramer on Thursday reviewed stocks that have historically performed well just after the Federal Reserve embarks on a cutting cycle and chose his favorites. Using data compiled by CNBC Pro, Cramer discussed the top 10 stocks with the median best performance during three months after an initial cut over the past 40 years.

Jim Cramer reviews 10 stocks that perform well just after the start of a cutting cycle

See News Rankings

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