Textron (TXT) Projected to Post Quarterly Earnings on Tuesday

Textron (NYSE:TXTGet Free Report) will likely be announcing its Q2 2026 results before the market opens on Tuesday, July 28th. Analysts expect Textron to announce earnings of $1.52 per share and revenue of $3.8057 billion for the quarter. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. Parties may visit the the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Tuesday, July 28, 2026 at 8:00 AM ET.

Textron (NYSE:TXTGet Free Report) last posted its earnings results on Thursday, April 30th. The aerospace company reported $1.45 EPS for the quarter, beating the consensus estimate of $1.30 by $0.15. The firm had revenue of $3.69 billion for the quarter, compared to analysts’ expectations of $3.50 billion. Textron had a return on equity of 14.56% and a net margin of 6.15%.The firm’s revenue was up 11.8% compared to the same quarter last year. During the same period last year, the firm earned $1.28 EPS. On average, analysts expect Textron to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Textron Stock Down 0.0%

Shares of Textron stock opened at $95.49 on Monday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.84 and a quick ratio of 0.87. Textron has a 1-year low of $75.80 and a 1-year high of $101.57. The business’s fifty day moving average price is $91.08 and its two-hundred day moving average price is $92.06. The company has a market capitalization of $16.60 billion, a P/E ratio of 18.26, a PEG ratio of 1.43 and a beta of 0.90.

Textron Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Friday, June 12th were issued a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, June 12th. Textron’s dividend payout ratio (DPR) is 1.53%.

Insider Activity

In other Textron news, Director R Kerry Clark sold 2,517 shares of the business’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $93.09, for a total value of $234,307.53. Following the sale, the director directly owned 8,611 shares in the company, valued at approximately $801,597.99. The trade was a 22.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Thomas A. Kennedy purchased 10,300 shares of the business’s stock in a transaction on Friday, May 1st. The stock was acquired at an average cost of $95.98 per share, with a total value of $988,594.00. Following the completion of the acquisition, the director directly owned 20,162 shares in the company, valued at $1,935,148.76. The trade was a 104.44% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 1.90% of the company’s stock.

Institutional Trading of Textron

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Virtu Financial LLC bought a new stake in Textron during the fourth quarter worth approximately $475,000. Corient Private Wealth LLC increased its holdings in shares of Textron by 70.5% in the fourth quarter. Corient Private Wealth LLC now owns 59,035 shares of the aerospace company’s stock valued at $5,146,000 after buying an additional 24,402 shares in the last quarter. Strive Financial Group LLC acquired a new stake in shares of Textron during the 4th quarter valued at $31,000. Mercer Global Advisors Inc. ADV boosted its stake in shares of Textron by 76.4% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 69,787 shares of the aerospace company’s stock worth $6,083,000 after acquiring an additional 30,216 shares in the last quarter. Finally, EP Wealth Advisors LLC bought a new stake in shares of Textron during the 4th quarter worth $1,751,000. 86.03% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

TXT has been the topic of a number of recent analyst reports. Citigroup lifted their price objective on shares of Textron from $97.00 to $99.00 and gave the company a “neutral” rating in a research note on Thursday, April 2nd. Wells Fargo & Company started coverage on shares of Textron in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $92.00 target price on the stock. UBS Group boosted their price target on shares of Textron from $99.00 to $100.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Wall Street Zen raised shares of Textron from a “hold” rating to a “buy” rating in a research note on Monday, July 20th. Finally, Morgan Stanley set a $97.00 price objective on shares of Textron in a report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Textron presently has an average rating of “Moderate Buy” and an average target price of $103.10.

Read Our Latest Stock Report on TXT

Textron Company Profile

(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.

Featured Articles

Earnings History 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.