Textron Inc. $TXT Shares Sold by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al decreased its position in Textron Inc. (NYSE:TXT) by 16.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 325,700 shares of the aerospace company’s stock after selling 66,300 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Textron were worth $24,818,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Soltis Investment Advisors LLC raised its holdings in shares of Textron by 337.4% during the third quarter. Soltis Investment Advisors LLC now owns 15,580 shares of the aerospace company’s stock valued at $1,187,000 after buying an additional 12,018 shares during the last quarter. Pinnacle Wealth Planning Services Inc. grew its holdings in Textron by 126.5% in the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 3,268 shares of the aerospace company’s stock worth $249,000 after buying an additional 1,825 shares in the last quarter. Oppenheimer & Co. Inc. grew its holdings in Textron by 1.6% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 23,315 shares of the aerospace company’s stock worth $1,777,000 after buying an additional 376 shares in the last quarter. Park Avenue Securities LLC grew its holdings in Textron by 5.6% in the 3rd quarter. Park Avenue Securities LLC now owns 5,070 shares of the aerospace company’s stock worth $386,000 after buying an additional 267 shares in the last quarter. Finally, Viewpoint Investment Partners Corp acquired a new stake in Textron in the 3rd quarter valued at approximately $282,000. Institutional investors and hedge funds own 86.03% of the company’s stock.

Textron Trading Down 2.0%

Textron stock opened at $85.68 on Friday. Textron Inc. has a 12-month low of $71.87 and a 12-month high of $101.57. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.66 and a quick ratio of 0.85. The stock has a market capitalization of $14.74 billion, a PE ratio of 15.44, a price-to-earnings-growth ratio of 1.23 and a beta of 0.91. The firm has a 50 day simple moving average of $78.57 and a 200-day simple moving average of $88.32.

Textron (NYSE:TXT) last announced its earnings results on Thursday, October 29th. The aerospace company reported $1.76 EPS for the quarter, topping the consensus estimate of $1.43 by $0.33. The firm had revenue of $3.75 billion for the quarter, compared to analysts’ expectations of $3.77 billion. Textron had a return on equity of 14.34% and a net margin of 6.30%. The firm’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.55 earnings per share. As a group, equities research analysts expect that Textron Inc. will post 6.60 EPS for the current fiscal year.

Textron Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 1st. Stockholders of record on Friday, December 11th will be given a dividend of $0.02 per share. The ex-dividend date is Friday, December 11th. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. Textron’s dividend payout ratio (DPR) is 1.44%.

Analyst Ratings Changes

Several brokerages have weighed in on TXT. Morgan Stanley cut their target price on Textron from $98.00 to $86.00 and set an “equal weight” rating on the stock in a research note on Friday, October 16th. UBS Group reissued a “neutral” rating and issued a $95.00 price target on shares of Textron in a research note on Wednesday, July 29th. Wall Street Zen lowered Textron from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Citigroup cut their price objective on shares of Textron from $99.00 to $86.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 7th. Finally, TD Cowen reduced their price objective on shares of Textron from $105.00 to $100.00 and set a “buy” rating for the company in a report on Friday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Textron has an average rating of “Hold” and a consensus target price of $99.11.

Key Stories Impacting Textron

Here are the key news stories impacting Textron this week:

• Positive Sentiment: Earnings beat expectations: Textron reported adjusted EPS of $1.76, well above the $1.43 consensus estimate and up from $1.55 a year earlier. Revenue increased 4.1% year over year to approximately $3.75 billion, broadly near expectations. Textron Q3 Earnings Beat Estimates
• Positive Sentiment: Higher 2026 guidance: Management raised its adjusted EPS forecast to $6.55–$6.65 and increased its manufacturing cash-flow outlook before pension contributions to $800 million–$900 million. The improved outlook gives investors greater confidence in earnings and free-cash-flow momentum. Textron surges after earnings beat and higher 2026 outlook
• Positive Sentiment: Aviation performance improved: Textron Aviation revenue rose 14% to $1.68 billion, helped by 51 Citation jet deliveries versus 42 in the prior-year quarter. Investors are viewing the stronger delivery rate as evidence of healthier demand and execution. Textron Q3 Earnings Outpace Estimates
• Positive Sentiment: Defense-program visibility: Congressional approval related to the U.S. Army’s MV-75 Cheyenne request and contract modifications may improve confidence in future defense revenue. Textron also received substantial government awards over the past year, including funding tied to the Future Vertical Lift program.
• Positive Sentiment: Technical momentum: TXT moved above its 50-day moving average, a signal that can encourage short-term technical buying after the earnings-driven rally. Textron Just Overtook the 50-Day Moving Average
• Neutral Sentiment: Mixed portfolio signals: Institutional activity was divided, with several large investors adding shares while others reduced their positions. Recent insider activity was also mixed, including one significant purchase and one sale.
• Neutral Sentiment: Small dividend: Textron declared a quarterly dividend of $0.02 per share, equivalent to a roughly 0.1% yield. The payout provides limited income support but is unlikely to be a major stock catalyst. Textron earnings report
• Negative Sentiment: Mixed segment performance: Bell revenue declined 9% to $933 million, partially offsetting strength in Aviation and Textron Systems. The decline highlights continuing execution or demand risks in parts of the aerospace and defense portfolio.

About Textron

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.