Zacks Research Comments on Textron Inc.’s FY2025 Earnings (NYSE:TXT)

Textron Inc. (NYSE:TXT) – Stock analysts at Zacks Research raised their FY2025 EPS estimates for Textron in a research report issued to clients and investors on Thursday, April 18th. Zacks Research analyst R. Department now expects that the aerospace company will post earnings of $6.95 per share for the year, up from their prior forecast of $6.93. The consensus estimate for Textron’s current full-year earnings is $6.27 per share.

Textron (NYSE:TXT) last announced its quarterly earnings results on Wednesday, January 24th. The aerospace company reported $1.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.07. The business had revenue of $3.89 billion for the quarter, compared to the consensus estimate of $3.97 billion. Textron had a return on equity of 16.05% and a net margin of 6.73%. The business’s revenue was up 7.0% compared to the same quarter last year. During the same period last year, the business posted $1.07 EPS.

A number of other analysts have also recently weighed in on the stock. StockNews.com upgraded shares of Textron from a “buy” rating to a “strong-buy” rating in a report on Thursday, January 25th. Bank of America raised shares of Textron from a “neutral” rating to a “buy” rating and increased their target price for the company from $85.00 to $105.00 in a research report on Friday, March 8th. The Goldman Sachs Group lifted their price target on shares of Textron from $103.00 to $120.00 and gave the stock a “buy” rating in a report on Tuesday, April 16th. UBS Group increased their price objective on Textron from $77.00 to $81.00 and gave the company a “sell” rating in a report on Friday, January 26th. Finally, Citigroup raised their price objective on Textron from $104.00 to $111.00 and gave the stock a “buy” rating in a research report on Thursday, April 4th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Textron presently has an average rating of “Moderate Buy” and an average target price of $93.63.

Textron Price Performance

TXT opened at $93.77 on Monday. The firm has a market capitalization of $18.04 billion, a PE ratio of 20.52, a price-to-earnings-growth ratio of 1.47 and a beta of 1.30. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.92 and a quick ratio of 1.03. The business’s 50-day moving average is $91.77 and its two-hundred day moving average is $83.61. Textron has a 1 year low of $61.27 and a 1 year high of $97.33.

Textron Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 1st. Shareholders of record on Friday, March 15th were issued a $0.02 dividend. The ex-dividend date was Thursday, March 14th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.09%. Textron’s dividend payout ratio is currently 1.75%.

Institutional Investors Weigh In On Textron

Institutional investors and hedge funds have recently made changes to their positions in the stock. Boston Partners raised its stake in Textron by 2.0% in the 4th quarter. Boston Partners now owns 7,016,363 shares of the aerospace company’s stock worth $564,235,000 after acquiring an additional 139,927 shares during the last quarter. Victory Capital Management Inc. raised its stake in shares of Textron by 3.4% in the third quarter. Victory Capital Management Inc. now owns 6,756,439 shares of the aerospace company’s stock worth $527,948,000 after purchasing an additional 220,891 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Textron by 11.6% during the third quarter. JPMorgan Chase & Co. now owns 5,745,108 shares of the aerospace company’s stock worth $448,923,000 after purchasing an additional 596,214 shares during the period. Primecap Management Co. CA boosted its position in Textron by 9.7% in the third quarter. Primecap Management Co. CA now owns 5,394,200 shares of the aerospace company’s stock valued at $421,503,000 after buying an additional 477,720 shares during the last quarter. Finally, LSV Asset Management increased its holdings in Textron by 15.9% in the 4th quarter. LSV Asset Management now owns 3,793,047 shares of the aerospace company’s stock worth $305,037,000 after buying an additional 521,276 shares during the period. 86.03% of the stock is currently owned by institutional investors and hedge funds.

About Textron

Textron Inc operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates through six segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance. The Textron Aviation segment manufactures, sells, and services business jets, turboprop and piston engine aircraft, and military trainer and defense aircraft; and offers maintenance, inspection, and repair services, as well as sells commercial parts.