Textron (NYSE:TXT) Issues FY 2026 Earnings Guidance

Textron (NYSE:TXTGet Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 6.400-6.600 for the period, compared to the consensus EPS estimate of 6.770. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

TXT has been the topic of several analyst reports. Sanford C. Bernstein reissued a “market perform” rating and set a $94.00 target price on shares of Textron in a research report on Tuesday, January 6th. Susquehanna reissued a “positive” rating and set a $110.00 price objective on shares of Textron in a report on Thursday, January 15th. Freedom Capital raised Textron to a “strong-buy” rating in a research note on Friday, January 16th. TD Cowen decreased their target price on Textron from $95.00 to $90.00 and set a “hold” rating for the company in a research report on Friday, October 24th. Finally, Citigroup lifted their price target on shares of Textron from $91.00 to $107.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $97.90.

Get Our Latest Stock Report on Textron

Textron Stock Performance

Shares of NYSE TXT opened at $86.76 on Thursday. The company has a quick ratio of 0.86, a current ratio of 1.84 and a debt-to-equity ratio of 0.45. The business’s 50 day moving average is $88.42 and its two-hundred day moving average is $83.96. The company has a market cap of $15.29 billion, a P/E ratio of 19.07, a P/E/G ratio of 1.41 and a beta of 1.00. Textron has a 12 month low of $57.70 and a 12 month high of $96.98.

Textron (NYSE:TXTGet Free Report) last announced its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $1.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.74 by ($0.01). The company had revenue of $4.18 billion during the quarter, compared to analyst estimates of $4.11 billion. Textron had a return on equity of 14.16% and a net margin of 5.81%.The company’s revenue was up 15.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.34 EPS. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. On average, equities analysts expect that Textron will post 6.12 EPS for the current year.

Key Stories Impacting Textron

Here are the key news stories impacting Textron this week:

Hedge Funds Weigh In On Textron

Several institutional investors and hedge funds have recently added to or reduced their stakes in TXT. Sivia Capital Partners LLC acquired a new stake in Textron during the second quarter valued at approximately $453,000. Brown Brothers Harriman & Co. boosted its stake in Textron by 14.9% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 4,226 shares of the aerospace company’s stock valued at $357,000 after buying an additional 547 shares in the last quarter. Cresset Asset Management LLC bought a new stake in Textron in the third quarter valued at $256,000. B. Riley Wealth Advisors Inc. acquired a new position in Textron during the second quarter worth $356,000. Finally, Focus Partners Wealth lifted its holdings in shares of Textron by 18.0% during the first quarter. Focus Partners Wealth now owns 4,814 shares of the aerospace company’s stock valued at $348,000 after acquiring an additional 735 shares during the period. 86.03% of the stock is currently owned by institutional investors.

About Textron

(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.

Read More

Earnings History and Estimates for Textron (NYSE:TXT)

Receive News & Ratings for Textron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Textron and related companies with MarketBeat.com's FREE daily email newsletter.