M&T Bank Corp Has $621,000 Stake in Textron Inc. $TXT

M&T Bank Corp decreased its position in Textron Inc. (NYSE:TXT) by 43.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,129 shares of the aerospace company’s stock after selling 5,385 shares during the quarter. M&T Bank Corp’s holdings in Textron were worth $621,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. True Wealth Design LLC raised its stake in shares of Textron by 388.5% in the 3rd quarter. True Wealth Design LLC now owns 298 shares of the aerospace company’s stock valued at $25,000 after purchasing an additional 237 shares during the period. Quent Capital LLC acquired a new stake in shares of Textron in the 3rd quarter valued at about $33,000. Accredited Wealth Management LLC raised its stake 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 valued at $38,000 after purchasing an additional 402 shares during the period. Assetmark Inc. increased its stake in Textron by 52.2% in the 3rd quarter. Assetmark Inc. now owns 493 shares of the aerospace company’s stock valued at $42,000 after buying an additional 169 shares during the last quarter. Finally, Root Financial Partners LLC acquired a new stake in Textron in the 3rd quarter valued at $43,000. Institutional investors and hedge funds own 86.03% of the company’s stock.

Analyst Ratings Changes

TXT has been the topic of several recent research reports. Freedom Capital upgraded shares of Textron to a “strong-buy” rating in a research note on Friday, January 16th. JPMorgan Chase & Co. lifted their price target on shares of Textron from $88.00 to $90.00 and gave the company a “neutral” rating in a research note on Thursday, January 29th. Citigroup lifted their price target on shares of Textron from $97.00 to $99.00 and gave the company a “neutral” rating in a research note on Thursday, April 2nd. Sanford C. Bernstein lifted their price target on shares of Textron from $94.00 to $108.00 and gave the company a “market perform” rating in a research note on Thursday, February 19th. Finally, Wells Fargo & Company initiated coverage on shares of Textron in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $92.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $98.18.

Textron Stock Performance

Shares of TXT opened at $94.71 on Friday. The firm has a 50-day moving average of $92.01 and a 200-day moving average of $88.94. Textron Inc. has a one year low of $69.46 and a one year high of $101.57. The company has a market cap of $16.49 billion, a PE ratio of 18.53, a price-to-earnings-growth ratio of 1.45 and a beta of 0.93. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.70 and a quick ratio of 0.99.

Textron (NYSE:TXT) last announced its quarterly earnings data on Thursday, April 30th. The aerospace company reported $1.45 EPS for the quarter, beating analysts’ consensus estimates of $1.30 by $0.15. Textron had a net margin of 6.15% and a return on equity of 14.56%. The company had revenue of $3.70 billion during the quarter, compared to the consensus estimate of $3.50 billion. During the same quarter last year, the firm posted $1.28 EPS. The company’s quarterly revenue was up 11.8% on a year-over-year basis. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. As a group, equities analysts forecast that Textron Inc. will post 6.52 earnings per share for the current year.

Textron Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Friday, June 12th will be given a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Friday, June 12th. Textron’s dividend payout ratio (DPR) is 1.57%.

Textron News Summary

Here are the key news stories impacting Textron this week:

• Positive Sentiment: Q1 results beat and revenue/earnings momentum — Textron reported stronger-than-expected Q1 revenue and EPS, with double-digit year-over-year revenue growth and updated FY?2026 EPS guidance roughly in line with Street estimates; management emphasized defense and aviation demand. Press Release
• Positive Sentiment: Analyst upgrade — TD Cowen upgraded TXT from Hold to Buy, which can support share price and attract new buyers. The Fly
• Positive Sentiment: Insider buying — Director Thomas A. Kennedy purchased 10,300 shares at about $96, increasing his stake substantially; insider buys are often read as management confidence in near?to?midterm prospects. SEC Form 4
• Positive Sentiment: Business win in autonomous logistics — Bell (a Textron company) was selected as a partner for an uncrewed logistics program for the U.S. Marine Corps, underlining defense/technology demand. Financial Post
• Neutral Sentiment: Intent to separate Industrial segment — Management announced plans to separate the Industrial segment (sale or tax-free spinoff possible), aiming to create a purer aerospace & defense company and unlock value; this is strategic but creates near-term execution and structural questions. Business Wire
• Neutral Sentiment: Market/analysis coverage: deep dives and call takeaways — Multiple outlets and the earnings call highlighted defense momentum and industrial separation plans; these provide transparency but also emphasize timing (12–18 months) and steps ahead. MSN deep dive
• Negative Sentiment: Separation execution/timing risk — Coverage stresses the 12–18 month window and potential options (sale vs. tax-free spinoff); investors may sell into uncertainty about value realization, tax implications, and one?time costs. Seeking Alpha

Insider Buying and Selling

In other news, VP Mark S. Bamford sold 19,808 shares of Textron stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $97.96, for a total value of $1,940,391.68. Following the completion of the transaction, the vice president owned 7,872 shares of the company’s stock, valued at $771,141.12. This trade represents a 71.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Julie G. Duffy sold 19,857 shares of Textron stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $98.70, for a total transaction of $1,959,885.90. Following the completion of the transaction, the executive vice president directly owned 37,039 shares of the company’s stock, valued at approximately $3,655,749.30. This trade represents a 34.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 304,473 shares of company stock worth $29,976,723. Corporate insiders own 1.90% of the company’s stock.

Textron 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.