Zacks Research Has Bullish Forecast for Textron Q2 Earnings

Textron Inc. (NYSE:TXTFree Report) – Equities researchers at Zacks Research boosted their Q2 2025 earnings per share estimates for Textron in a research report issued on Thursday, November 14th. Zacks Research analyst R. Department now anticipates that the aerospace company will earn $1.52 per share for the quarter, up from their previous forecast of $1.44. The consensus estimate for Textron’s current full-year earnings is $5.52 per share. Zacks Research also issued estimates for Textron’s FY2025 earnings at $6.53 EPS.

A number of other equities research analysts have also recently weighed in on the company. TD Cowen cut Textron from a “buy” rating to a “hold” rating and dropped their price target for the company from $103.00 to $95.00 in a report on Wednesday, September 25th. Morgan Stanley downgraded shares of Textron from an “overweight” rating to an “equal weight” rating and set a $95.00 price target on the stock. in a research report on Thursday, August 8th. StockNews.com cut shares of Textron from a “strong-buy” rating to a “buy” rating in a research report on Thursday, September 12th. JPMorgan Chase & Co. reduced their target price on shares of Textron from $100.00 to $95.00 and set a “neutral” rating on the stock in a research report on Monday, October 14th. Finally, UBS Group lowered their price target on shares of Textron from $87.00 to $79.00 and set a “sell” rating for the company in a report on Friday, October 25th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $101.56.

Get Our Latest Research Report on TXT

Textron Stock Performance

NYSE:TXT opened at $83.34 on Monday. The stock has a market capitalization of $15.46 billion, a P/E ratio of 18.32, a price-to-earnings-growth ratio of 1.53 and a beta of 1.24. The company has a current ratio of 1.83, a quick ratio of 0.82 and a debt-to-equity ratio of 0.46. Textron has a 1 year low of $74.13 and a 1 year high of $97.33. The firm has a 50 day moving average of $86.32 and a 200-day moving average of $87.31.

Textron (NYSE:TXTGet Free Report) last announced its earnings results on Thursday, October 24th. The aerospace company reported $1.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.49 by ($0.09). The firm had revenue of $3.43 billion for the quarter, compared to analyst estimates of $3.50 billion. Textron had a return on equity of 16.02% and a net margin of 6.30%. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter last year, the business earned $1.49 EPS.

Textron Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 1st. Investors of record on Friday, December 13th will be paid a dividend of $0.02 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.10%. Textron’s dividend payout ratio (DPR) is presently 1.76%.

Hedge Funds Weigh In On Textron

Several hedge funds have recently added to or reduced their stakes in TXT. Blair William & Co. IL raised its position in shares of Textron by 6.5% in the 1st quarter. Blair William & Co. IL now owns 5,364 shares of the aerospace company’s stock valued at $515,000 after acquiring an additional 326 shares during the period. Mitsubishi UFJ Trust & Banking Corp boosted its position in shares of Textron by 111.8% during the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 249,612 shares of the aerospace company’s stock worth $23,856,000 after purchasing an additional 131,782 shares in the last quarter. Edgestream Partners L.P. acquired a new position in shares of Textron in the 1st quarter valued at $1,061,000. O Shaughnessy Asset Management LLC increased its position in shares of Textron by 7.7% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 17,231 shares of the aerospace company’s stock valued at $1,653,000 after buying an additional 1,229 shares in the last quarter. Finally, UniSuper Management Pty Ltd raised its stake in Textron by 420.9% during the 1st quarter. UniSuper Management Pty Ltd now owns 12,371 shares of the aerospace company’s stock worth $1,187,000 after buying an additional 9,996 shares during the period. Institutional investors and hedge funds own 86.03% of the company’s stock.

About Textron

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Textron (NYSE:TXT)

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