Representative Dan Newhouse (R-Washington) recently bought shares of Textron Inc. (NYSE:TXT). In a filing disclosed on January 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in Textron stock on December 11th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.
Representative Dan Newhouse also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Royal Caribbean Cruises (NYSE:RCL) on 12/31/2025.
- Purchased $1,001 – $15,000 in shares of Broadridge Financial Solutions (NYSE:BR) on 12/31/2025.
- Purchased $1,001 – $15,000 in shares of Synopsys (NASDAQ:SNPS) on 12/31/2025.
- Sold $1,001 – $15,000 in shares of Brown & Brown (NYSE:BRO) on 12/11/2025.
- Purchased $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 12/11/2025.
- Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/11/2025.
- Purchased $1,001 – $15,000 in shares of T-Mobile US (NASDAQ:TMUS) on 12/11/2025.
- Purchased $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 12/11/2025.
- Sold $1,001 – $15,000 in shares of Magna International (NYSE:MGA) on 12/11/2025.
- Sold $1,001 – $15,000 in shares of Truist Financial (NYSE:TFC) on 12/11/2025.
Textron Price Performance
TXT traded up $0.82 during trading on Monday, reaching $94.38. 1,448,931 shares of the company traded hands, compared to its average volume of 1,402,435. The company has a market cap of $16.63 billion, a P/E ratio of 20.74, a PEG ratio of 1.41 and a beta of 1.00. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.86 and a current ratio of 1.84. Textron Inc. has a 12-month low of $57.70 and a 12-month high of $94.88. The firm has a fifty day simple moving average of $86.38 and a 200 day simple moving average of $83.36.
Textron Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, January 1st. Shareholders of record on Friday, December 12th were paid a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 0.1%. The ex-dividend date was Friday, December 12th. Textron’s dividend payout ratio is presently 1.76%.
Wall Street Analysts Forecast Growth
TXT has been the topic of a number of research analyst reports. UBS Group boosted their target price on Textron from $89.00 to $99.00 and gave the stock a “neutral” rating in a research report on Thursday. Jefferies Financial Group reaffirmed a “buy” rating and set a $115.00 price objective on shares of Textron in a report on Thursday. TD Cowen cut their target price on shares of Textron from $95.00 to $90.00 and set a “hold” rating for the company in a report on Friday, October 24th. Weiss Ratings upgraded shares of Textron from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, January 12th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and set a $94.00 price objective on shares of Textron in a research report on Tuesday, January 6th. Five equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, Textron presently has a consensus rating of “Hold” and a consensus price target of $96.33.
View Our Latest Analysis on Textron
Institutional Investors Weigh In On Textron
Several large investors have recently added to or reduced their stakes in TXT. True Wealth Design LLC raised its stake in shares of Textron by 388.5% during the third quarter. True Wealth Design LLC now owns 298 shares of the aerospace company’s stock valued at $25,000 after acquiring an additional 237 shares in the last quarter. Assetmark Inc. increased its holdings in Textron by 191.9% during the 2nd quarter. Assetmark Inc. now owns 324 shares of the aerospace company’s stock worth $26,000 after purchasing an additional 213 shares during the period. Atlantic Union Bankshares Corp bought a new stake in Textron during the 2nd quarter valued at $27,000. Quent Capital LLC bought a new stake in Textron during the 3rd quarter valued at $33,000. Finally, Accredited Wealth Management LLC lifted its holdings in shares of Textron by 804.0% in the 3rd quarter. Accredited Wealth Management LLC now owns 452 shares of the aerospace company’s stock worth $38,000 after buying an additional 402 shares during the period. 86.03% of the stock is owned by hedge funds and other institutional investors.
About Representative Newhouse
Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.
Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.
Click here to see Newhouse’s key votes in Congress.
Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.
Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.
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.
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