Textron
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
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
20% more call options, than puts
Call options by funds: $68.5M | Put options by funds: $57M
17% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 60
1% more funds holding
Funds holding: 667 [Q2] → 677 (+10) [Q3]
0% more capital invested
Capital invested by funds: $13.9B [Q2] → $13.9B (+$66.1M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]
0.71% less ownership
Funds ownership: 84.7% [Q2] → 83.98% (-0.71%) [Q3]
12% less repeat investments, than reductions
Existing positions increased: 219 | Existing positions reduced: 250
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
UBS Gavin Parsons 50% 1-year accuracy 9 / 18 met price target | 3%upside $79 | Sell Maintained | 25 Oct 2024 |
Baird Peter Arment 56% 1-year accuracy 15 / 27 met price target | 30%upside $100 | Outperform Maintained | 25 Oct 2024 |
JP Morgan Seth Seifman 53% 1-year accuracy 16 / 30 met price target | 24%upside $95 | Neutral Maintained | 14 Oct 2024 |
TD Cowen Cai Rumohr 33% 1-year accuracy 2 / 6 met price target | 24%upside $95 | Hold Downgraded | 25 Sept 2024 |
Financial journalist opinion
Based on 6 articles about TXT published over the past 30 days
