What is Zacks Research's Forecast for Textron Q1 Earnings?

Textron Inc. (NYSE:TXT - Free Report) - Analysts at Zacks Research decreased their Q1 2026 earnings estimates for shares of Textron in a report issued on Wednesday, March 26th. Zacks Research analyst R. Department now expects that the aerospace company will post earnings per share of $1.17 for the quarter, down from their previous estimate 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.

TXT has been the subject of a number of other reports. Bank of America lowered shares of Textron from a "buy" rating to a "neutral" rating and reduced their price objective for the company from $110.00 to $85.00 in a research note on Friday, January 24th. Vertical Research upgraded shares of Textron from a "hold" rating to a "buy" rating and set a $91.00 price target for the company in a research report on Monday, January 6th. Robert W. Baird lowered their price objective on shares of Textron from $100.00 to $92.00 and set an "outperform" rating on the stock in a research report on Thursday, January 23rd. JPMorgan Chase & Co. reduced their target price on Textron from $90.00 to $88.00 and set a "neutral" rating for the company in a report on Thursday, January 16th. Finally, Citigroup lowered their price target on Textron from $118.00 to $111.00 and set a "buy" rating on the stock in a report on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $93.45.

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Textron Trading Down 7.7 %

Shares of NYSE TXT traded down $5.60 during mid-day trading on Monday, hitting $66.88. 1,976,875 shares of the company traded hands, compared to its average volume of 1,160,986. The business has a 50 day moving average of $73.83 and a two-hundred day moving average of $79.81. The stock has a market capitalization of $12.15 billion, a price-to-earnings ratio of 15.52, a PEG ratio of 1.18 and a beta of 1.27. Textron has a 1 year low of $66.83 and a 1 year high of $97.34. The company has a quick ratio of 0.84, a current ratio of 1.76 and a debt-to-equity ratio of 0.45.

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

Institutional Investors Weigh In On Textron

Several institutional investors and hedge funds have recently modified their holdings of the business. Central Pacific Bank Trust Division raised its holdings in Textron by 3.1% during the first quarter. Central Pacific Bank Trust Division now owns 24,950 shares of the aerospace company's stock valued at $1,803,000 after buying an additional 750 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in shares of Textron by 123.3% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 842 shares of the aerospace company's stock valued at $61,000 after acquiring an additional 465 shares during the last quarter. Wellington Management Group LLP raised its stake in shares of Textron by 50.2% in the 4th quarter. Wellington Management Group LLP now owns 603,171 shares of the aerospace company's stock valued at $46,137,000 after acquiring an additional 201,696 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in Textron by 27.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 31,263 shares of the aerospace company's stock worth $2,391,000 after purchasing an additional 6,643 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Textron during the fourth quarter worth approximately $5,083,000. Institutional investors and hedge funds own 86.03% of the company's stock.

Insider Activity at Textron

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

Textron Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Friday, March 14th were issued a $0.02 dividend. The ex-dividend date was Friday, March 14th. This represents a $0.08 dividend on an annualized basis and a yield of 0.12%. Textron's dividend payout ratio is currently 1.86%.

Textron Company Profile

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.