Inceptionr LLC Makes New Investment in Textron Inc. $TXT

Inceptionr LLC acquired a new stake in shares of Textron Inc. (NYSE:TXT) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 10,712 shares of the aerospace company’s stock, valued at approximately $905,000.

Other institutional investors have also modified their holdings of the company. True Wealth Design LLC increased its stake in shares of Textron by 388.5% during the third quarter. True Wealth Design LLC now owns 298 shares of the aerospace company’s stock worth $25,000 after purchasing an additional 237 shares in the last quarter. Assetmark Inc. lifted its stake in Textron by 191.9% in the 2nd quarter. Assetmark Inc. now owns 324 shares of the aerospace company’s stock valued at $26,000 after buying an additional 213 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new stake in Textron in the 2nd quarter worth about $27,000. Quent Capital LLC acquired a new stake in Textron in the 3rd quarter worth about $33,000. Finally, Accredited Wealth Management LLC increased its stake in Textron by 804.0% during the 3rd quarter. Accredited Wealth Management LLC now owns 452 shares of the aerospace company’s stock worth $38,000 after buying an additional 402 shares in the last quarter. Institutional investors and hedge funds own 86.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on TXT shares. Citigroup decreased their price objective on Textron from $107.00 to $97.00 and set a “neutral” rating on the stock in a report on Thursday, January 29th. Wall Street Zen lowered shares of Textron from a “strong-buy” rating to a “buy” rating in a report on Friday, January 23rd. Susquehanna reiterated a “positive” rating and issued a $110.00 target price on shares of Textron in a research report on Thursday, January 15th. Weiss Ratings raised shares of Textron from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, February 10th. Finally, Morgan Stanley set a $92.00 price target on shares of Textron in a research report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, Textron currently has a consensus rating of “Moderate Buy” and a consensus price target of $98.60.

Textron Trading Down 0.9%

Shares of TXT stock opened at $94.14 on Tuesday. Textron Inc. has a 1-year low of $57.70 and a 1-year high of $101.57. The firm has a market cap of $16.39 billion, a PE ratio of 18.42, a price-to-earnings-growth ratio of 1.43 and a beta of 0.95. The company has a 50-day moving average of $94.24 and a two-hundred day moving average of $87.06. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.97 and a quick ratio of 0.99.

Textron (NYSE:TXT) last released its quarterly earnings results on Wednesday, January 28th. The aerospace company reported $1.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.74 by ($0.01). The company had revenue of $4.18 billion during the quarter, compared to analysts’ expectations of $4.11 billion. Textron had a net margin of 6.22% and a return on equity of 14.63%. Textron’s revenue was up 15.6% on a year-over-year basis. During the same period last year, the firm posted $1.34 earnings per share. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. On average, analysts predict that Textron Inc. will post 6.12 EPS for the current year.

Textron Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th will be given a $0.02 dividend. The ex-dividend date of this dividend is Friday, March 13th. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. Textron’s payout ratio is presently 1.57%.

Insider Activity at Textron

In other news, EVP E Robert Lupone sold 28,056 shares of the firm’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $98.84, for a total transaction of $2,773,055.04. Following the completion of the transaction, the executive vice president directly owned 103,991 shares in the company, valued at $10,278,470.44. This trade represents a 21.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Julie G. Duffy sold 19,857 shares of Textron stock in a transaction on Friday, February 13th. The shares were sold at an average price of $98.70, for a total value of $1,959,885.90. Following the completion of the sale, the executive vice president directly owned 37,039 shares of the company’s stock, valued at $3,655,749.30. The trade was a 34.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 304,473 shares of company stock valued at $29,976,723 over the last ninety days. 1.70% of the stock is owned by insiders.

About Textron

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.