12,448 Shares in Textron Inc. $TXT Purchased by Groupama Asset Managment

Groupama Asset Managment purchased a new stake in shares of Textron Inc. (NYSE:TXT) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 12,448 shares of the aerospace company’s stock, valued at approximately $1,052,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TXT. True Wealth Design LLC increased its holdings 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 worth $25,000 after buying an additional 237 shares in the last quarter. Quent Capital LLC acquired a new position in shares of Textron in the 3rd quarter worth approximately $33,000. Accredited Wealth Management LLC boosted 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 acquiring an additional 402 shares in the last quarter. Private Trust Co. NA grew its position in Textron by 155.6% during the 3rd quarter. Private Trust Co. NA now owns 460 shares of the aerospace company’s stock worth $39,000 after acquiring an additional 280 shares during the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new stake in Textron during the 2nd quarter valued at $41,000. 86.03% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Textron

In other Textron news, CEO Lisa M. Atherton sold 7,600 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $98.68, for a total transaction of $749,968.00. Following the sale, the chief executive officer directly owned 29,473 shares in the company, valued at approximately $2,908,395.64. This trade represents a 20.50% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Chairman Scott C. Donnelly sold 219,619 shares of Textron stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $98.41, for a total transaction of $21,612,705.79. Following the completion of the transaction, the chairman directly owned 742,418 shares in the company, valued at approximately $73,061,355.38. The trade was a 22.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 304,473 shares of company stock worth $29,976,723 over the last three months. Company insiders own 1.90% of the company’s stock.

Textron Trading Up 0.1%

Shares of NYSE TXT opened at $88.75 on Friday. Textron Inc. has a twelve month low of $57.70 and a twelve month high of $101.57. The stock has a market cap of $15.45 billion, a price-to-earnings ratio of 17.37, a P/E/G ratio of 1.34 and a beta of 0.95. The company has a quick ratio of 0.99, a current ratio of 1.97 and a debt-to-equity ratio of 0.49. The company’s fifty day moving average is $94.55 and its 200-day moving average is $87.60.

Textron (NYSE:TXT) last released its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $1.73 EPS for the quarter, missing analysts’ consensus estimates of $1.74 by ($0.01). The firm had revenue of $4.18 billion during the quarter, compared to the consensus estimate of $4.11 billion. Textron had a net margin of 6.22% and a return on equity of 14.63%. Textron’s quarterly revenue was up 15.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.34 EPS. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. Equities research analysts predict that Textron Inc. will post 6.12 EPS for the current year.

Textron Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th will be issued a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Friday, March 13th. Textron’s payout ratio is 1.57%.

Analyst Ratings Changes

Several equities analysts have issued reports on TXT shares. UBS Group lifted their price objective on Textron from $89.00 to $99.00 and gave the company a “neutral” rating in a research report on Thursday, January 15th. Freedom Capital upgraded Textron to a “strong-buy” rating in a research note on Friday, January 16th. JPMorgan Chase & Co. lifted their price target on Textron from $88.00 to $90.00 and gave the company a “neutral” rating in a report on Thursday, January 29th. Weiss Ratings upgraded shares of Textron from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, February 10th. Finally, Susquehanna reissued a “positive” rating and set a $110.00 price objective on shares of Textron in a report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, Textron presently has a consensus rating of “Moderate Buy” and an average price target of $98.60.

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.