Zacks Research Issues Negative Forecast for Textron Earnings

Textron Inc. (NYSE:TXT) – Zacks Research decreased their Q1 2026 earnings per share (EPS) estimates for shares of Textron in a research note issued to investors on Wednesday, March 26th. Zacks Research analyst R. Department now forecasts that the aerospace company will earn $1.17 per share for the quarter, down from their prior forecast of $1.19. The consensus estimate for Textron’s current full-year earnings is $6.12 per share. Zacks Research also issued estimates for Textron’s Q2 2026 earnings at $1.53 EPS.

Textron (NYSE:TXT) last issued its quarterly earnings data on Wednesday, January 22nd. The aerospace company reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.27 by $0.07. The company had revenue of $3.61 billion for the quarter, compared to the consensus estimate of $3.78 billion. Textron had a net margin of 6.01% and a return on equity of 14.92%. Textron’s revenue for the quarter was down 7.2% on a year-over-year basis. During the same period last year, the firm posted $1.60 EPS.

A number of other research analysts have also issued reports on TXT. Vertical Research upgraded shares of Textron from a “hold” rating to a “buy” rating and set a $91.00 price target on the stock in a research note on Monday, January 6th. TD Cowen upgraded Textron to a “hold” rating in a research report on Monday, February 24th. Barclays cut their price objective on Textron from $104.00 to $95.00 and set an “overweight” rating for the company in a research report on Monday, December 23rd. Citigroup reduced their target price on shares of Textron from $118.00 to $111.00 and set a “buy” rating on the stock in a report on Tuesday, January 21st. Finally, Bank of America cut Textron from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $110.00 to $85.00 in a report on Friday, January 24th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Textron presently has a consensus rating of “Moderate Buy” and an average price target of $93.45.

Textron Trading Down 0.1 %

NYSE:TXT opened at $72.15 on Monday. The company has a current ratio of 1.76, a quick ratio of 0.84 and a debt-to-equity ratio of 0.45. The firm has a market cap of $13.10 billion, a P/E ratio of 16.74, a PEG ratio of 1.18 and a beta of 1.27. The stock’s 50 day simple moving average is $74.17 and its 200-day simple moving average is $79.96. Textron has a 12-month low of $70.14 and a 12-month high of $97.34.

Textron Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Friday, March 14th were paid a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 0.11%. The ex-dividend date of this dividend was Friday, March 14th. Textron’s dividend payout ratio (DPR) is 1.86%.

Insider Buying and Selling

In other Textron news, VP Mark S. Bamford sold 5,451 shares of the stock in a transaction on Monday, February 24th. The shares were sold at an average price of $72.68, for a total transaction of $396,178.68. Following the transaction, the vice president now directly owns 18,223 shares in the company, valued at $1,324,447.64. This represents a 23.03 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 1.70% of the company’s stock.

Hedge Funds Weigh In On Textron

Hedge funds have recently bought and sold shares of the company. Balyasny Asset Management L.P. raised its holdings in shares of Textron by 6,785.9% during the fourth quarter. Balyasny Asset Management L.P. now owns 1,236,441 shares of the aerospace company’s stock worth $94,575,000 after purchasing an additional 1,218,485 shares during the period. Invesco Ltd. lifted its stake in shares of Textron by 17.8% in the 4th quarter. Invesco Ltd. now owns 7,733,335 shares of the aerospace company’s stock worth $591,523,000 after acquiring an additional 1,167,105 shares during the period. Raymond James Financial Inc. acquired a new stake in Textron in the fourth quarter worth approximately $41,451,000. D. E. Shaw & Co. Inc. boosted its stake in Textron by 97.9% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 1,031,144 shares of the aerospace company’s stock valued at $78,872,000 after buying an additional 510,085 shares in the last quarter. Finally, Boston Partners boosted its position in shares of Textron by 4.7% during the 4th quarter. Boston Partners now owns 7,483,692 shares of the aerospace company’s stock valued at $572,465,000 after purchasing an additional 333,127 shares in the last quarter. 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.