Susquehanna Fundamental Investments LLC Has $18.87 Million Holdings in Textron Inc. $TXT

Susquehanna Fundamental Investments LLC grew its position in shares of Textron Inc. (NYSE:TXT) by 296.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 205,744 shares of the aerospace company’s stock after acquiring an additional 153,800 shares during the quarter. Susquehanna Fundamental Investments LLC’s holdings in Textron were worth $18,873,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Cookson Peirce & Co. Inc. lifted its holdings in shares of Textron by 12.3% in the 2nd quarter. Cookson Peirce & Co. Inc. now owns 4,343 shares of the aerospace company’s stock worth $398,000 after purchasing an additional 475 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Textron by 63.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 9,897 shares of the aerospace company’s stock valued at $908,000 after purchasing an additional 3,850 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Textron by 31.3% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 954,138 shares of the aerospace company’s stock valued at $87,523,000 after purchasing an additional 227,607 shares in the last quarter. Royal London Asset Management Ltd. raised its holdings in Textron by 2.1% during the second quarter. Royal London Asset Management Ltd. now owns 76,435 shares of the aerospace company’s stock worth $7,011,000 after buying an additional 1,602 shares during the last quarter. Finally, Mufg Securities Americas Inc. raised its holdings in shares of Textron by 8.7% in the 2nd quarter. Mufg Securities Americas Inc. now owns 5,238 shares of the aerospace company’s stock worth $480,000 after acquiring an additional 419 shares during the last quarter. 86.03% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have commented on TXT. UBS Group reissued a “neutral” rating and set a $95.00 price objective on shares of Textron in a report on Wednesday, July 29th. Morgan Stanley set a $98.00 target price on Textron in a report on Wednesday, July 29th. Weiss Ratings raised Textron from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, July 13th. TD Cowen decreased their price target on Textron from $115.00 to $105.00 and set a “hold” rating for the company in a report on Monday, July 13th. Finally, JPMorgan Chase & Co. increased their price target on Textron from $90.00 to $105.00 and gave the company a “neutral” rating in a research report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $102.44.

Textron Trading Up 0.2%

Shares of TXT stock opened at $83.19 on Monday. Textron Inc. has a 52-week low of $78.12 and a 52-week high of $101.57. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.85 and a current ratio of 1.86. The company has a 50-day simple moving average of $88.74 and a two-hundred day simple moving average of $91.08. The company has a market capitalization of $14.31 billion, a price-to-earnings ratio of 15.70, a PEG ratio of 1.21 and a beta of 0.91.

Textron (NYSE:TXT) last posted its earnings results on Tuesday, July 28th. The aerospace company reported $1.62 EPS for the quarter, topping the consensus estimate of $1.55 by $0.07. Textron had a net margin of 6.12% and a return on equity of 14.30%. The firm had revenue of $3.83 billion for the quarter, compared to analysts’ expectations of $3.81 billion. During the same quarter last year, the firm earned $1.55 EPS. The company’s quarterly 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. Research analysts anticipate that Textron Inc. will post 6.5 EPS for the current fiscal year.

Textron Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Friday, September 11th will be issued a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Friday, September 11th. Textron’s dividend payout ratio (DPR) is 1.51%.

About Textron

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.