Textron (NYSE:TXT) Updates FY 2026 Earnings Guidance

Textron (NYSE:TXT) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 6.400-6.600 for the period, compared to the consensus estimate of 6.530. The company issued revenue guidance of -, compared to the consensus revenue estimate of $15.6 billion.

Textron Stock Performance

Shares of NYSE TXT traded up $0.18 during midday trading on Thursday, reaching $85.83. 76,032 shares of the company were exchanged, compared to its average volume of 1,609,581. The company has a current ratio of 1.71, a quick ratio of 0.87 and a debt-to-equity ratio of 0.39. Textron has a 1 year low of $75.80 and a 1 year high of $101.57. The stock has a fifty day simple moving average of $91.15 and a 200 day simple moving average of $92.07. The stock has a market cap of $14.92 billion, a P/E ratio of 16.20, a PEG ratio of 1.35 and a beta of 0.90.

Textron (NYSE:TXT) last posted its quarterly earnings data on Tuesday, July 28th. The aerospace company reported $1.62 EPS for the quarter, beating the consensus estimate of $1.55 by $0.07. Textron had a return on equity of 14.30% and a net margin of 6.12%.The firm had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.81 billion. During the same period in the prior year, the business earned $1.55 EPS. The firm’s revenue was up 3.0% compared to the same quarter last year. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. On average, research analysts forecast that Textron will post 6.55 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on TXT shares. JPMorgan Chase & Co. increased their price target on Textron from $90.00 to $105.00 and gave the stock a “neutral” rating in a report on Monday, May 4th. UBS Group restated a “neutral” rating and issued a $95.00 price objective on shares of Textron in a research report on Wednesday. Morgan Stanley set a $98.00 target price on Textron in a research report on Wednesday. Weiss Ratings upgraded Textron from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, July 13th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Textron in a report on Sunday, May 3rd. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $102.44.

Insider Buying and Selling

In related news, Director R Kerry Clark sold 2,517 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $93.09, for a total transaction of $234,307.53. Following the completion of the sale, the director directly owned 8,611 shares in the company, valued at approximately $801,597.99. This trade represents a 22.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Thomas A. Kennedy bought 10,300 shares of Textron stock in a transaction dated Friday, May 1st. The shares were bought 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 owned 20,162 shares of the company’s stock, valued at $1,935,148.76. The trade was a 104.44% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 1.90% of the company’s stock.

Institutional Trading of Textron

Institutional investors have recently made changes to their positions in the stock. Wilkerson Advisory Group LLC acquired a new stake in Textron during the fourth quarter valued at $26,000. Strive Financial Group LLC bought a new stake in shares of Textron during the 4th quarter worth about $31,000. Parkside Financial Bank & Trust raised its stake in shares of Textron by 22.3% in the 4th quarter. Parkside Financial Bank & Trust now owns 653 shares of the aerospace company’s stock valued at $57,000 after acquiring an additional 119 shares in the last quarter. Lazard Asset Management LLC acquired a new stake in Textron in the 2nd quarter worth approximately $62,000. Finally, Transamerica Financial Advisors LLC boosted its position in Textron by 167.0% during the fourth quarter. Transamerica Financial Advisors LLC now owns 913 shares of the aerospace company’s stock worth $80,000 after purchasing an additional 571 shares during the period. 86.03% of the stock is currently owned by institutional investors and hedge funds.

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.