Textron (TXT)

• Market cap: $14.7B
• 1 day: 0.41%
• 5 days: 5.04%
• 1 month: -1.14%
• 3 months: -12.36%
• 6 months: -14.02%
• Year to date: 4.45%
• 1 year: 2.70%
• 5 years: 71.64%
• 10 years: 86.00%
• Sector: Industrials
• Industry: Aircraft & Parts

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)

38% more first-time investments, than exits

New positions opened: 72 | Existing positions closed: 52

19% more call options, than puts

Call options by funds: $68.5M | Put options by funds: $57.4M

2% more funds holding

Funds holding: 667 [Q2] → 679 (+12) [Q3]

1% more capital invested

Capital invested by funds: $14.3B [Q2] → $14.5B (+$141M) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]

0.3% less ownership

Funds ownership: 87.45% [Q2] → 87.15% (-0.3%) [Q3]

12% less repeat investments, than reductions

Existing positions increased: 219 | Existing positions reduced: 250

Research analyst outlook

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

• Low target: $79 0% upside
• Avg. target: $90 14% upside
• High target: $100 26% upside

5 analyst ratings

• positive: 3 60%
• neutral: 1 20%
• negative: 1 20%

JP Morgan Seth Seifman 52% 1-year accuracy 16 / 31 met price target	11% upside $88	Neutral Maintained	16 Jan 2025
Susquehanna Charles Minervino 39% 1-year accuracy 28 / 71 met price target	14% upside $90	Positive Maintained	8 Jan 2025
Barclays David Strauss 61% 1-year accuracy 17 / 28 met price target	20% upside $95	Overweight Maintained	23 Dec 2024
UBS Gavin Parsons 44% 1-year accuracy 8 / 18 met price target	0% downside $79	Sell Maintained	25 Oct 2024
Baird Peter Arment 67% 1-year accuracy 18 / 27 met price target	26% upside $100	Outperform Maintained	25 Oct 2024