Textron (NYSE:TXT) Releases FY 2026 Earnings Guidance

Textron (NYSE:TXT) updated its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 6.400-6.600 for the period, compared to the consensus earnings per share estimate of 6.530. The company issued revenue guidance of -, compared to the consensus revenue estimate of $15.6 billion.

Analyst Ratings Changes

A number of research analysts recently weighed in on TXT shares. Wells Fargo & Company started coverage on shares of Textron in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $92.00 price target on the stock. Weiss Ratings raised shares of Textron from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, July 13th. Wall Street Zen upgraded shares of Textron from a “hold” rating to a “buy” rating in a research note on Monday, July 20th. UBS Group lifted their target price on shares of Textron from $99.00 to $100.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Finally, Jefferies Financial Group restated a “buy” rating on shares of Textron in a research note on Sunday, May 3rd. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $103.10.

Textron Price Performance

TXT opened at $96.09 on Tuesday. Textron has a fifty-two week low of $75.80 and a fifty-two week high of $101.57. The firm has a 50-day moving average of $91.19 and a 200 day moving average of $92.11. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.87 and a current ratio of 1.84. The firm has a market cap of $16.71 billion, a P/E ratio of 18.37, a PEG ratio of 1.43 and a beta of 0.90.

Textron (NYSE:TXT) last announced its quarterly earnings data on Tuesday, July 28th. The aerospace company reported $1.62 EPS for the quarter, topping the consensus estimate of $1.55 by $0.07. Textron had a net margin of 6.15% and a return on equity of 14.56%. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. On average, research analysts expect that Textron will post 6.6 EPS for the current year.

Textron Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Friday, June 12th were paid a $0.02 dividend. The ex-dividend date was Friday, June 12th. This represents a $0.08 annualized dividend and a yield of 0.1%. Textron’s dividend payout ratio is presently 1.53%.

Insiders Place Their Bets

In other news, Director Thomas A. Kennedy bought 10,300 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was acquired at an average cost of $95.98 per share, with a total value of $988,594.00. Following the completion of the transaction, the director directly owned 20,162 shares of the company’s stock, valued at $1,935,148.76. This represents a 104.44% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director R Kerry Clark sold 2,517 shares of the business’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $93.09, for a total value of $234,307.53. Following the completion of the sale, the director owned 8,611 shares in the company, valued at approximately $801,597.99. The trade was a 22.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.90% of the company’s stock.

Hedge Funds Weigh In On Textron

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Virtu Financial LLC purchased a new stake in shares of Textron during the 4th quarter valued at approximately $475,000. Corient Private Wealth LLC grew its stake in Textron by 70.5% in the 4th quarter. Corient Private Wealth LLC now owns 59,035 shares of the aerospace company’s stock valued at $5,146,000 after buying an additional 24,402 shares in the last quarter. Strive Financial Group LLC bought a new stake in Textron during the 4th quarter valued at $31,000. Mercer Global Advisors Inc. ADV lifted its position in shares of Textron by 76.4% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 69,787 shares of the aerospace company’s stock worth $6,083,000 after acquiring an additional 30,216 shares in the last quarter. Finally, EP Wealth Advisors LLC purchased a new stake in shares of Textron during the fourth quarter worth $1,751,000. Institutional investors own 86.03% of the company’s stock.

Textron Company Profile

Textron Inc is a global, multi-industry manufacturing company headquartered in Providence, Rhode Island. The company designs, manufactures and services a diverse range of products for the aerospace, defense and industrial markets. Textron operates through four primary business segments—Textron Aviation, Bell, Textron Systems and Industrial—each of which serves customers around the world.

Textron Aviation is known for its Cessna and Beechcraft branded business jets and turboprop aircraft, offering models that range from light jets and turboprops to larger cabin aircraft designed for corporate and charter use.