Susquehanna Fundamental Investments LLC Acquires 153,800 Shares of Textron Inc. $TXT

Susquehanna Fundamental Investments LLC raised its holdings in Textron Inc. (NYSE:TXT) by 296.1% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 205,744 shares of the aerospace company’s stock after acquiring an additional 153,800 shares during the quarter. Susquehanna Fundamental Investments LLC owned approximately 0.12% of Textron worth $18,873,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of TXT. Wilkerson Advisory Group LLC bought a new position in Textron during the 4th quarter worth $26,000. Activest Wealth Management grew its position in shares of Textron by 3,255.6% in the 4th quarter. Activest Wealth Management now owns 302 shares of the aerospace company’s stock valued at $26,000 after buying an additional 293 shares during the last quarter. Cedar Mountain Advisors LLC bought a new stake in shares of Textron in the 1st quarter valued at about $29,000. Elyxium Wealth LLC acquired a new stake in shares of Textron in the fourth quarter valued at about $30,000. Finally, Strive Financial Group LLC acquired a new stake in shares of Textron in the fourth quarter valued at about $31,000. Institutional investors own 86.03% of the company’s stock.

Textron Price Performance

Textron stock opened at $83.19 on Monday. The stock has a market capitalization of $14.31 billion, a price-to-earnings ratio of 15.70, a PEG ratio of 1.21 and a beta of 0.91. Textron Inc. has a 52-week low of $78.12 and a 52-week high of $101.57. The stock’s 50 day moving average price is $88.74 and its two-hundred day moving average price is $91.08. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.85 and a current ratio of 1.86.

Textron (NYSE:TXT) last released its quarterly earnings data on Tuesday, July 28th. The aerospace company reported $1.62 earnings per share for the quarter, beating the consensus estimate of $1.55 by $0.07. Textron had a net margin of 6.12% and a return on equity of 14.30%. The company had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.81 billion. During the same quarter in the previous year, the business posted $1.55 EPS. Textron’s revenue for the quarter was up 3.0% compared to the same quarter last year. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. On average, equities analysts predict that Textron Inc. will post 6.5 earnings per share for the current year.

Textron Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Friday, September 11th will be paid a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Friday, September 11th. Textron’s payout ratio is 1.51%.

Wall Street Analyst Weigh In

TXT has been the topic of a number of recent analyst reports. UBS Group reaffirmed a “neutral” rating and issued a $95.00 price objective on shares of Textron in a research note on Wednesday, July 29th. Weiss Ratings raised shares of Textron from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, July 13th. Morgan Stanley set a $98.00 price target on shares of Textron in a research report on Wednesday, July 29th. Jefferies Financial Group reiterated a “buy” rating on shares of Textron in a research report on Sunday, May 3rd. Finally, Wall Street Zen lowered shares of Textron from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $102.44.

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.