Danske Bank A S Acquires 5,317 Shares of Textron Inc. $TXT

Danske Bank A S grew its holdings in shares of Textron Inc. (NYSE:TXT) by 4.2% in the fourth quarter, HoldingsChannel reports. The fund owned 132,617 shares of the aerospace company’s stock after purchasing an additional 5,317 shares during the quarter. Danske Bank A S’s holdings in Textron were worth $11,560,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. True Wealth Design LLC lifted its stake in shares of Textron by 388.5% during the 3rd quarter. True Wealth Design LLC now owns 298 shares of the aerospace company’s stock valued at $25,000 after buying an additional 237 shares in the last quarter. Activest Wealth Management lifted its stake in shares of Textron by 3,255.6% during the 4th quarter. Activest Wealth Management now owns 302 shares of the aerospace company’s stock valued at $26,000 after buying an additional 293 shares in the last quarter. Quent Capital LLC purchased a new position in shares of Textron during the 3rd quarter valued at $33,000. Accredited Wealth Management LLC lifted its stake in shares of Textron by 804.0% during the 3rd quarter. Accredited Wealth Management LLC now owns 452 shares of the aerospace company’s stock valued at $38,000 after buying an additional 402 shares in the last quarter. Finally, Assetmark Inc. lifted its stake in shares of Textron by 52.2% during 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 in the last quarter. Hedge funds and other institutional investors own 86.03% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on TXT shares. Wells Fargo & Company started coverage on shares of Textron in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $92.00 target price on the stock. UBS Group lifted their target price on shares of Textron from $89.00 to $99.00 and gave the company a “neutral” rating in a research note on Thursday, January 15th. JPMorgan Chase & Co. lifted their target price 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. TD Cowen upgraded shares of Textron from a “hold” rating to a “buy” rating in a research note on Thursday. Finally, Sanford C. Bernstein lifted their target price 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. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $98.18.

Insider Activity at Textron

In other news, Director Thomas A. Kennedy purchased 10,300 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The shares were bought at an average cost of $95.98 per share, for a total transaction of $988,594.00. Following the acquisition, the director owned 20,162 shares of the company’s stock, valued at approximately $1,935,148.76. This trade represents a 104.44% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Chairman Scott C. Donnelly sold 219,619 shares of the company’s stock in a transaction dated 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 transaction, the chairman owned 742,418 shares in the company, valued at $73,061,355.38. The trade was a 22.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 304,473 shares of company stock worth $29,976,723 in the last three months. 1.90% of the stock is owned by insiders.

Key Textron News

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

Textron Price Performance

NYSE:TXT opened at $94.71 on Monday. The firm has a market capitalization of $16.49 billion, a price-to-earnings ratio of 18.11, a PEG ratio of 1.42 and a beta of 0.93. Textron Inc. has a 1 year low of $69.46 and a 1 year high of $101.57. The business has a 50 day simple moving average of $92.01 and a 200-day simple moving average of $89.02. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.84 and a quick ratio of 0.87.

Textron (NYSE:TXT) last posted its quarterly earnings data on Thursday, April 30th. The aerospace company reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.30 by $0.15. The business had revenue of $3.70 billion during the quarter, compared to analyst estimates of $3.50 billion. Textron had a return on equity of 14.56% and a net margin of 6.15%.The company’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same period last year, the company earned $1.28 EPS. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. Equities analysts forecast that Textron Inc. will post 6.58 EPS for the current year.

Textron Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Friday, June 12th will be issued a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 0.1%. The ex-dividend date is Friday, June 12th. Textron’s dividend payout ratio is presently 1.53%.

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.