Textron Inc. $TXT Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC increased its position in shares of Textron Inc. (NYSE:TXT) by 8,087.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 429,492 shares of the aerospace company’s stock after acquiring an additional 424,246 shares during the period. SG Americas Securities LLC owned about 0.24% of Textron worth $37,439,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of TXT. 180 Wealth Advisors LLC purchased a new stake in Textron during the fourth quarter worth about $271,000. True Wealth Design LLC boosted its stake in shares of Textron by 175.2% in the fourth quarter. True Wealth Design LLC now owns 820 shares of the aerospace company’s stock valued at $71,000 after purchasing an additional 522 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Textron by 81.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 93,330 shares of the aerospace company’s stock valued at $8,425,000 after purchasing an additional 41,835 shares during the period. NorthCrest Asset Manangement LLC grew its holdings in shares of Textron by 54.4% in the fourth quarter. NorthCrest Asset Manangement LLC now owns 17,394 shares of the aerospace company’s stock valued at $1,548,000 after purchasing an additional 6,127 shares in the last quarter. Finally, CWA Asset Management Group LLC purchased a new stake in Textron during the 4th quarter worth approximately $1,988,000. 86.03% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

TXT has been the topic of a number of research reports. Morgan Stanley set a $92.00 target price on shares of Textron in a report on Thursday, January 29th. Wall Street Zen lowered Textron from a “strong-buy” rating to a “buy” rating in a research report on Friday, January 23rd. UBS Group increased their price objective on Textron from $89.00 to $99.00 and gave the company a “neutral” rating in a research note on Thursday, January 15th. Freedom Capital upgraded Textron to a “strong-buy” rating in a report on Friday, January 16th. Finally, Weiss Ratings raised Textron from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, Textron presently has an average rating of “Moderate Buy” and a consensus target price of $98.60.

Insider Activity at Textron

In other news, VP Mark S. Bamford sold 19,808 shares of the company’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $97.96, for a total transaction of $1,940,391.68. Following the completion of the transaction, the vice president directly owned 7,872 shares of the company’s stock, valued at approximately $771,141.12. This represents a 71.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Julie G. Duffy sold 19,857 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $98.70, for a total value of $1,959,885.90. Following the completion of the transaction, the executive vice president owned 37,039 shares in the company, valued at approximately $3,655,749.30. The trade was a 34.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 304,473 shares of company stock worth $29,976,723 over the last three months. Company insiders own 1.90% of the company’s stock.

Textron Stock Up 0.1%

Shares of Textron stock opened at $90.69 on Thursday. The company has a quick ratio of 0.99, a current ratio of 1.97 and a debt-to-equity ratio of 0.49. Textron Inc. has a 52-week low of $57.70 and a 52-week high of $101.57. The company has a market capitalization of $15.79 billion, a P/E ratio of 17.75, a P/E/G ratio of 1.37 and a beta of 0.95. The company has a 50 day moving average of $94.34 and a 200 day moving average of $87.85.

Textron (NYSE:TXT) last announced 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 firm 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%. Textron’s revenue for the quarter was up 15.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.34 earnings per share. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. As a group, research analysts forecast that Textron Inc. will post 6.12 EPS for the current fiscal year.

Textron Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th will be issued a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Friday, March 13th. Textron’s payout ratio is 1.57%.

Textron Company 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.