FY2026 EPS Estimates for Textron Raised by Zacks Research

by · The Markets Daily

Textron Inc. (NYSE:TXT – Free Report) – Equities researchers at Zacks Research boosted their FY2026 earnings per share estimates for Textron in a report released on Thursday, January 8th. Zacks Research analyst Team now anticipates that the aerospace company will earn $6.63 per share for the year, up from their prior forecast of $6.62. The consensus estimate for Textron’s current full-year earnings is $6.12 per share.

Textron (NYSE:TXT – Get Free Report) last released its earnings results on Thursday, October 23rd. The aerospace company reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.08. The firm had revenue of $3.60 billion during the quarter, compared to analyst estimates of $3.70 billion. Textron had a net margin of 5.81% and a return on equity of 14.16%. The business’s revenue was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.40 EPS. Textron has set its FY 2025 guidance at 6.000-6.200 EPS.

Several other analysts have also issued reports on the stock. Citigroup raised their price target on shares of Textron from $91.00 to $107.00 and gave the stock a “neutral” rating in a research report on Tuesday. Sanford C. Bernstein reiterated a “market perform” rating and set a $94.00 target price on shares of Textron in a research report on Tuesday, January 6th. TD Cowen cut their price target on shares of Textron from $95.00 to $90.00 and set a “hold” rating for the company in a research note on Friday, October 24th. Weiss Ratings downgraded Textron from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, December 29th. Finally, Wall Street Zen raised Textron from a “buy” rating to a “strong-buy” rating in a report on Monday, October 27th. Four equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $92.58.

Get Our Latest Stock Report on Textron

Textron Stock Up 0.3%

TXT opened at $93.52 on Monday. The stock has a market capitalization of $16.48 billion, a price-to-earnings ratio of 20.55, a P/E/G ratio of 1.39 and a beta of 1.00. Textron has a 1-year low of $57.70 and a 1-year high of $94.58. The business has a 50 day moving average of $85.60 and a 200-day moving average of $83.09. The company has a current ratio of 1.84, a quick ratio of 0.86 and a debt-to-equity ratio of 0.45.

Institutional Trading of Textron

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Parsons Capital Management Inc. RI acquired a new position in Textron during the 4th quarter valued at about $288,000. Czech National Bank increased its position in shares of Textron by 2.7% in the 4th quarter. Czech National Bank now owns 46,468 shares of the aerospace company’s stock valued at $4,051,000 after buying an additional 1,207 shares in the last quarter. SG Americas Securities LLC lifted its holdings in Textron by 8,087.0% during the fourth quarter. SG Americas Securities LLC now owns 429,492 shares of the aerospace company’s stock worth $37,439,000 after acquiring an additional 424,246 shares in the last quarter. 180 Wealth Advisors LLC bought a new position in Textron during the fourth quarter worth about $271,000. Finally, True Wealth Design LLC grew its stake in Textron by 175.2% in the fourth quarter. True Wealth Design LLC now owns 820 shares of the aerospace company’s stock valued at $71,000 after acquiring an additional 522 shares during the period. 86.03% of the stock is owned by institutional investors.

Textron Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 1st. Stockholders of record on Friday, December 12th were paid a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, December 12th. Textron’s dividend payout ratio is 1.76%.

Textron Company Profile

(Get Free Report)

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.

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