Textron (NYSE:TXT) Updates FY 2026 Earnings Guidance

Textron (NYSE:TXT) updated its FY 2026 earnings guidance on Tuesday morning. The company provided EPS 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.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Wells Fargo & Company initiated coverage on Textron in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $92.00 price target for the company. TD Cowen reduced their price objective on shares of Textron from $115.00 to $105.00 and set a “hold” rating on the stock in a research report on Monday, July 13th. Weiss Ratings raised 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 objective on Textron in a report on Wednesday. Finally, Wall Street Zen raised Textron from a “hold” rating to a “buy” rating in a report on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $102.44.

Textron Stock Performance

Textron stock traded down $2.62 during midday trading on Wednesday, hitting $87.34. 172,964 shares of the company were exchanged, compared to its average volume of 1,598,333. The firm has a market capitalization of $15.19 billion, a PE ratio of 16.73, a price-to-earnings-growth ratio of 1.44 and a beta of 0.90. Textron has a fifty-two week low of $75.80 and a fifty-two week high of $101.57. The business has a fifty day simple moving average of $91.23 and a two-hundred day simple moving average of $92.12. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.87 and a current ratio of 1.84.

Textron (NYSE:TXT) last announced its quarterly earnings results on Tuesday, July 28th. The aerospace company reported $1.62 earnings per share for the quarter, beating analysts’ consensus estimates of $1.55 by $0.07. The business had revenue of $3.83 billion during the quarter, compared to analysts’ expectations of $3.81 billion. Textron had a net margin of 6.15% and a return on equity of 14.56%. The business’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same period last year, the business earned $1.55 earnings per share. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. On average, sell-side analysts forecast that Textron will post 6.6 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Thomas A. Kennedy acquired 10,300 shares of the business’s stock in a transaction on Friday, May 1st. The shares were purchased at an average price of $95.98 per share, for a total transaction of $988,594.00. Following the completion of the purchase, 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 document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director R Kerry Clark sold 2,517 shares of the firm’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 $801,597.99. The trade was a 22.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.90% of the stock is currently owned by insiders.

Textron News Summary

Here are the key news stories impacting Textron this week:

• Positive Sentiment: Textron reported second-quarter adjusted EPS of $1.62, ahead of the roughly $1.55 consensus, while revenue rose 3% year over year to $3.83 billion. Higher aircraft pricing and continued Bell helicopter demand supported the results. Textron tops quarterly results estimates on higher aircraft pricing
• Positive Sentiment: Textron initiated a sale process for its Industrial segment, a move that could sharpen the company’s focus on aerospace and defense and potentially unlock shareholder value. Textron Q2 revenue rises 3% to $3.8 billion
• Positive Sentiment: A Textron unit received a $300 million U.S. Navy contract to modernize H-1 aircraft, adding support for its defense backlog and government-business exposure. Textron Unit Wins $300 Million US Navy Contract
• Neutral Sentiment: Management reiterated its 2026 adjusted EPS outlook of $6.40 to $6.60 rather than raising it. The range is broadly in line with expectations, limiting the benefit of the quarterly earnings beat. Textron Reports Second Quarter 2026 Results
• Negative Sentiment: Textron Aviation profit fell 3% as manufacturing inefficiencies, lower aircraft volume and an unfavorable delivery mix offset pricing gains. Manufacturing cash flow before pension contributions dropped to $154 million from $336 million a year earlier.
• Negative Sentiment: The outlook assumes additional fiscal 2026 funding for the MV-75 Cheyenne program. Without it, adjusted EPS could decline by $0.20–$0.30 and cash flow by $150 million–$250 million.
• Negative Sentiment: Textron disclosed that the Middle East conflict creates material operational, supply-chain and cybersecurity risks for its aviation and defense businesses, adding uncertainty to future execution. Middle East Conflict Poses Risks for Textron

Institutional Trading of Textron

A number of hedge funds have recently modified their holdings of TXT. Parkside Financial Bank & Trust lifted its position in Textron by 22.3% in the 4th quarter. Parkside Financial Bank & Trust now owns 653 shares of the aerospace company’s stock worth $57,000 after buying an additional 119 shares in the last quarter. Glenmede Investment Management LP raised its holdings in shares of Textron by 1.0% during the third quarter. Glenmede Investment Management LP now owns 14,123 shares of the aerospace company’s stock worth $1,193,000 after acquiring an additional 142 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in Textron by 18.8% during the second quarter. Geneos Wealth Management Inc. now owns 998 shares of the aerospace company’s stock valued at $80,000 after purchasing an additional 158 shares during the last quarter. Smartleaf Asset Management LLC grew its stake in Textron by 14.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,294 shares of the aerospace company’s stock valued at $114,000 after purchasing an additional 165 shares in the last quarter. Finally, Coldstream Capital Management Inc. increased its position in Textron by 5.4% in the 3rd quarter. Coldstream Capital Management Inc. now owns 4,164 shares of the aerospace company’s stock worth $352,000 after purchasing an additional 214 shares during the last quarter. Hedge funds and other institutional investors own 86.03% of the company’s stock.

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.