Krilogy Financial LLC Takes $910,000 Position in Textron Inc. $TXT

Krilogy Financial LLC purchased a new position in shares of Textron Inc. (NYSE:TXT) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 11,333 shares of the aerospace company’s stock, valued at approximately $910,000.

Other hedge funds have also added to or reduced their stakes in the company. True Wealth Design LLC lifted its stake in 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 during the last quarter. Assetmark Inc. raised its holdings in shares of Textron by 191.9% during the 2nd quarter. Assetmark Inc. now owns 324 shares of the aerospace company’s stock worth $26,000 after buying an additional 213 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new position in shares of Textron during the 2nd quarter worth $27,000. Quent Capital LLC bought a new stake in shares of Textron during the 3rd quarter worth $33,000. Finally, Private Trust Co. NA boosted its stake in Textron by 155.6% in the third quarter. Private Trust Co. NA now owns 460 shares of the aerospace company’s stock valued at $39,000 after buying an additional 280 shares in the last quarter. 86.03% of the stock is owned by institutional investors.

Analysts Set New Price Targets

TXT has been the subject of several research analyst reports. Freedom Capital raised Textron to a “strong-buy” rating in a research note on Friday, January 16th. Morgan Stanley set a $92.00 price objective on shares of Textron in a research report on Thursday, January 29th. UBS Group boosted their target price on shares of Textron from $89.00 to $99.00 and gave the stock a “neutral” rating in a research note on Thursday, January 15th. Jefferies Financial Group dropped their price target on Textron from $115.00 to $110.00 and set a “buy” rating for the company in a research note on Sunday, February 1st. Finally, Wall Street Zen downgraded Textron from a “strong-buy” rating to a “buy” rating in a report on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $97.20.

Textron Price Performance

TXT stock opened at $98.06 on Friday. The company has a market capitalization of $17.28 billion, a P/E ratio of 19.19, a PEG ratio of 1.49 and a beta of 0.99. The company has a fifty day moving average price of $90.91 and a 200-day moving average price of $84.73. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.84 and a current ratio of 1.97. Textron Inc. has a 52-week low of $57.70 and a 52-week high of $100.92.

Textron (NYSE:TXT) last posted its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $1.73 earnings per share 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 analyst estimates of $4.11 billion. Textron had a net margin of 6.22% and a return on equity of 14.63%. The business’s revenue for the quarter was up 15.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.34 earnings per share. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. As a group, equities analysts expect that Textron Inc. will post 6.12 EPS for the current year.

Textron Profile

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.