Textron (NYSE:TXT) Issues FY 2026 Earnings Guidance

by · The Cerbat Gem

Textron (NYSE:TXTGet Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 6.400-6.600 for the period, compared to the consensus earnings per share estimate of 6.770. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Weiss Ratings downgraded shares of Textron from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday. JPMorgan Chase & Co. lowered their price target on Textron from $90.00 to $88.00 and set a “neutral” rating for the company in a report on Monday, October 27th. Susquehanna restated a “positive” rating and set a $110.00 price objective on shares of Textron in a research note on Thursday, January 15th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $94.00 target price on shares of Textron in a research report on Tuesday, January 6th. Finally, Wall Street Zen lowered Textron from a “strong-buy” rating to a “buy” rating in a research note on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $97.90.

Read Our Latest Analysis on TXT

Textron Stock Down 9.4%

Shares of Textron stock opened at $85.35 on Wednesday. Textron has a 1-year low of $57.70 and a 1-year high of $96.98. The company has a market capitalization of $15.04 billion, a PE ratio of 18.95, a P/E/G ratio of 1.42 and a beta of 1.00. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.84 and a quick ratio of 0.86. The business has a 50-day moving average of $88.28 and a 200-day moving average of $83.94.

Textron (NYSE:TXTGet Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The aerospace company reported $1.73 EPS for the quarter, missing analysts’ consensus estimates of $1.74 by ($0.01). Textron had a net margin of 5.81% and a return on equity of 14.16%. The business had revenue of $4.18 billion during the quarter, compared to analysts’ expectations of $4.11 billion. During the same period in the prior year, the company posted $1.34 EPS. The company’s revenue for the quarter was up 15.6% on a year-over-year basis. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. As a group, equities analysts forecast that Textron will post 6.12 EPS for the current fiscal year.

Trending Headlines about Textron

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Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Textron by 13.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,522 shares of the aerospace company’s stock worth $1,049,000 after purchasing an additional 1,709 shares during the last quarter. Empowered Funds LLC raised its holdings in shares of Textron by 6.3% during the first quarter. Empowered Funds LLC now owns 21,397 shares of the aerospace company’s stock worth $1,546,000 after purchasing an additional 1,265 shares during the period. Focus Partners Wealth lifted its position in shares of Textron by 18.0% in the 1st quarter. Focus Partners Wealth now owns 4,814 shares of the aerospace company’s stock worth $348,000 after buying an additional 735 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in shares of Textron in the 2nd quarter valued at about $453,000. Finally, Baird Financial Group Inc. grew its position in shares of Textron by 15.3% during the 2nd quarter. Baird Financial Group Inc. now owns 19,171 shares of the aerospace company’s stock valued at $1,539,000 after buying an additional 2,548 shares during the last quarter. 86.03% of the stock is currently owned by institutional investors.

About Textron

(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.

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