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 and all-terrain vehicles.
Employees: 34,000
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
225% more call options, than puts
Call options by funds: $54M | Put options by funds: $16.6M
0% more funds holding in top 10
Funds holding in top 10: 3 [Q3] → 3 (+0) [Q4]
3.44% less ownership
Funds ownership: 87.16% [Q3] → 83.73% (-3.44%) [Q4]
8% less funds holding
Funds holding: 682 [Q3] → 625 (-57) [Q4]
17% less capital invested
Capital invested by funds: $14.5B [Q3] → $11.9B (-$2.51B) [Q4]
29% less first-time investments, than exits
New positions opened: 69 | Existing positions closed: 97
32% less repeat investments, than reductions
Existing positions increased: 182 | Existing positions reduced: 267
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
B of A Securities Ronald Epstein 56% 1-year accuracy 18 / 32 met price target | 18%upside $85 | Neutral Downgraded | 24 Jan 2025 |
Baird Peter Arment 48% 1-year accuracy 13 / 27 met price target | 27%upside $92 | Outperform Maintained | 23 Jan 2025 |
Morgan Stanley Kristine Liwag 67% 1-year accuracy 12 / 18 met price target | 13%upside $82 | Equal-Weight Maintained | 23 Jan 2025 |
Citigroup Jason Gursky 36% 1-year accuracy 14 / 39 met price target | 53%upside $111 | Buy Maintained | 21 Jan 2025 |
JP Morgan Seth Seifman 36% 1-year accuracy 13 / 36 met price target | 22%upside $88 | Neutral Maintained | 16 Jan 2025 |
Financial journalist opinion
Based on 9 articles about TXT published over the past 30 days
