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WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation today announced Starlink's high-speed internet is now available for the Hawker 700, 800 and 900 series aircraft. Live financial news intelligence
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2026-09-08 15:23
1d ago
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2026-09-08 10:00
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Hawker Operators Gain Access to High-Speed Starlink Connectivity Through Textron Aviation Customer Support Network | FMP Stock News | |
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2026-09-04 19:51
5d ago
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2026-09-04 13:00
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FINN Partners Supports Textron Aviation as Agency of Record for 2026 Special Olympics Airlift | FMP Stock News | |
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Original source text
FINN Partners Supports Textron Aviation as Agency of Record for 2026 Special Olympics Airlift PR NewswireNEW YORK, Sept. 4, 2026 Global communications firm selected to support tier 1 media relations and elevate awareness for the world's largest peacetime airlift and key corporate programs , /PRNewswire/ -- FINN Partners was recently selected by Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company, as its public relations agency of record for the 2026 Special Olympics Airlift and other key company initiatives. FINN Partners will provide media relations support and strategic counsel to help increase awareness of how general aviation profoundly impacts everyday life. Elevating General Aviation's Human Impact The Special Olympics Airlift stands as the world's largest peacetime airlift, operating as a massive philanthropic general aviation effort. In June 2026, the initiative brought together the Cessna and Beechcraft business aviation communities to transport more than 800 athletes and coaches to the 2026 Special Olympics Games free of cost. Volunteer pilots and aircraft owners donated their time, fuel and airplanes to eliminate travel costs and logistical hurdles for the athletes. FINN Partners helped amplify stories of volunteerism, logistical precision and athletic determination through targeted tier 1 media relations efforts that highlighted the human impact of the event. "We built our aviation practice on the principle that behind every flight there is a human story that connects us all," said Karli Barokas, Managing Partner, FINN Partners. "Textron Aviation's commitment to community offers an incredible canvas for meaningful storytelling. Our team was proud to amplify the voices of the athletes, pilots, aircraft owners and employees who make this monumental Airlift possible." The Special Olympics Airlift campaign generated significant national media momentum, securing nearly 120 stories and nearly 2 billion media impressions in June alone. High-profile features from USA TODAY and The Associated Press brought the mission to a broad national audience, highlighting the athletes, volunteer pilots and aviation community behind the Airlift while reinforcing Textron Aviation's leadership in bringing the effort to life. About Textron Aviation Inc. We have been inspiring the journey of flight for nearly 100 years. Textron Aviation Inc., a Textron Inc. company, has empowered our collective talent across the Beechcraft, Cessna, Hawker and Pipistrel brands to design and deliver the best aviation experience for our customers. With a range that includes everything from business jets, turboprops, light and high-performance pistons, to special mission, military trainer and defense aircraft, Textron Aviation has the most versatile and comprehensive aviation product portfolio in the world and a workforce that has produced more than half of all general aviation aircraft worldwide. Customers in more than 170 countries rely on our legendary performance, reliability and versatility, along with our trusted global customer service network, for affordable, productive and flexible flight. For more information, visit www.txtav.com. ABOUT FINN PARTNERS Founded in 2011 on the core principles of innovation and collaborative partnership, FINN Partners has grown from about US $24 million in fees to almost US $200 million in fees during the past 15 years, becoming one of the fastest-growing independent public relations agencies in the world. Recognized as one of Fast Company's Most Innovative Companies, PRovoke Media's 100 Best Agencies in the U.S., 60 Best Agencies in Europe, and Midsize Agency of the Year in 2022, the full-service marketing and communications company's record-setting pace results from organic growth and integrating new companies and new people into the FINN world through a common philosophy. With more than 1,300 professionals across 38 offices, FINN provides clients with global access and capabilities in the Americas, Europe, and Asia. In addition, FINN provides its clients with access to top-tier agencies worldwide through its membership in the global network PROI. Headquartered in New York, FINN has offices in: Abu Dhabi, Atlanta, Bangalore, Bangkok, Beijing, Boston, Chicago, Columbus, Delhi, Denver, Detroit, Dublin, Fort Lauderdale, Frankfurt, Hong Kong, Honolulu, Jerusalem, Kuala Lumpur, London, Los Angeles, Madison, Wisc., Manila, Melbourne, Mumbai, Munich, Nashville, Orange County, Paris, Portland, San Diego, San Francisco, Seattle, Singapore, Sydney, Vancouver, Washington D.C. and Yangon. Find us at finnpartners.com and follow us on LinkedIn and Instagram at @finnpartners. View original content to download multimedia:https://www.prnewswire.com/news-releases/finn-partners-supports-textron-aviation-as-agency-of-record-for-2026-special-olympics-airlift-302870269.html SOURCE Finn Partners, Inc. |
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2026-09-04 17:25
5d ago
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2026-09-04 12:48
5d ago
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FINN Partners Supports Textron Aviation as Agency of Record for 2026 Special Olympics Airlift | FMP Stock News | |
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Original source text
Global communications firm selected to support tier 1 media relations and elevate awareness for the world's largest peacetime airlift and key corporate programs, /PRNewswire/ -- FINN Partners was recently selected by Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company, as its public relations agency of record for the 2026 Special Olympics Airlift and other key company initiatives. FINN Partners will provide media relations support and strategic counsel to help increase awareness of how general aviation profoundly impacts everyday life. Elevating General Aviation's Human Impact The Special Olympics Airlift stands as the world's largest peacetime airlift, operating as a massive philanthropic general aviation effort. In June 2026, the initiative brought together the Cessna and Beechcraft business aviation communities to transport more than 800 athletes and coaches to the 2026 Special Olympics Games free of cost. Volunteer pilots and aircraft owners donated their time, fuel and airplanes to eliminate travel costs and logistical hurdles for the athletes. FINN Partners helped amplify stories of volunteerism, logistical precision and athletic determination through targeted tier 1 media relations efforts that highlighted the human impact of the event. "We built our aviation practice on the principle that behind every flight there is a human story that connects us all," said Karli Barokas, Managing Partner, FINN Partners. "Textron Aviation's commitment to community offers an incredible canvas for meaningful storytelling. Our team was proud to amplify the voices of the athletes, pilots, aircraft owners and employees who make this monumental Airlift possible." The Special Olympics Airlift campaign generated significant national media momentum, securing nearly 120 stories and nearly 2 billion media impressions in June alone. High-profile features from USA TODAY and The Associated Press brought the mission to a broad national audience, highlighting the athletes, volunteer pilots and aviation community behind the Airlift while reinforcing Textron Aviation's leadership in bringing the effort to life. About Textron Aviation Inc. We have been inspiring the journey of flight for nearly 100 years. Textron Aviation Inc., a Textron Inc. company, has empowered our collective talent across the Beechcraft, Cessna, Hawker and Pipistrel brands to design and deliver the best aviation experience for our customers. With a range that includes everything from business jets, turboprops, light and high-performance pistons, to special mission, military trainer and defense aircraft, Textron Aviation has the most versatile and comprehensive aviation product portfolio in the world and a workforce that has produced more than half of all general aviation aircraft worldwide. Customers in more than 170 countries rely on our legendary performance, reliability and versatility, along with our trusted global customer service network, for affordable, productive and flexible flight. For more information, visit www.txtav.com. ABOUT FINN PARTNERS Founded in 2011 on the core principles of innovation and collaborative partnership, FINN Partners has grown from about US $24 million in fees to almost US $200 million in fees during the past 15 years, becoming one of the fastest-growing independent public relations agencies in the world. Recognized as one of Fast Company's Most Innovative Companies, PRovoke Media's 100 Best Agencies in the U.S., 60 Best Agencies in Europe, and Midsize Agency of the Year in 2022, the full-service marketing and communications company's record-setting pace results from organic growth and integrating new companies and new people into the FINN world through a common philosophy. With more than 1,300 professionals across 38 offices, FINN provides clients with global access and capabilities in the Americas, Europe, and Asia. In addition, FINN provides its clients with access to top-tier agencies worldwide through its membership in the global network PROI. Headquartered in New York, FINN has offices in: Abu Dhabi, Atlanta, Bangalore, Bangkok, Beijing, Boston, Chicago, Columbus, Delhi, Denver, Detroit, Dublin, Fort Lauderdale, Frankfurt, Hong Kong, Honolulu, Jerusalem, Kuala Lumpur, London, Los Angeles, Madison, Wisc., Manila, Melbourne, Mumbai, Munich, Nashville, Orange County, Paris, Portland, San Diego, San Francisco, Seattle, Singapore, Sydney, Vancouver, Washington D.C. and Yangon. Find us at finnpartners.com and follow us on LinkedIn and Instagram at @finnpartners. SOURCE Finn Partners, Inc. |
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2026-08-30 21:37
10d ago
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2026-08-25 10:51
15d ago
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Is Textron Benefiting from the Growing Demand for Light Jets? | FMP Stock News | |
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Original source text
Key Takeaways Textron delivered its 500th Cessna Citation CJ4, highlighting customer confidence in the light jet platform.The CJ4 Gen3 is expected to earn FAA certification in 2026, with Garmin avionics and Emergency Autoland.Corporate travel and special mission needs are expected to support demand for efficient, versatile light jets. Textron Inc. (TXT - Free Report) continues to strengthen its position in the business aviation market through its Textron Aviation segment, supported by the strong performance and expanding capabilities of its Cessna Citation aircraft portfolio. The company recently delivered its 500th Cessna Citation CJ4 series business jet, highlighting more than a decade of customer confidence in the light jet platform.The milestone delivery underscores the global appeal of the Citation CJ4, which is valued for its combination of performance, efficiency and mission flexibility. The platform serves a wide range of customers and missions, including business travel, air ambulance, maritime patrol, search and rescue and aerial survey operations. Textron is also progressing toward the launch of the Cessna Citation CJ4 Gen3, which is expected to receive Federal Aviation Administration certification in 2026. The aircraft will feature Garmin G3000 PRIME avionics and Garmin Emergency Autoland, enhancing the flight experience and safety for operators. With an expected range of 2,165 nautical miles and seating for up to 11 occupants, the CJ4 Gen3 should offer strong versatility for owner-operators and corporate customers. Growing demand for efficient and versatile business jets, supported by corporate travel needs and increasing special mission requirements, is expected to support the light jet market. Textron's established Citation brand, global customer base and continued investment in aircraft upgrades position it well to capitalize on these trends. Business Jet Stocks to Keep on the RadarOther aerospace companies with a strong presence in the business jet market are discussed below: General Dynamics (GD - Free Report) : Through its Gulfstream Aerospace business, General Dynamics designs and manufactures a broad range of business jets. The company is benefiting from demand for large-cabin and long-range aircraft, supported by its growing fleet and new aircraft offerings. The Boeing Company (BA - Free Report) : Through its Boeing Business Jets business, Boeing offers customized versions of its commercial aircraft for private and corporate customers. The company focuses on the ultra-large business jet segment, providing customers with long-range capabilities and highly customized interiors. The Zacks Rundown for TXTShares of Textron have risen 0.9% in the past year against the Zacks aerospace-defense industry’s decline of 4%. Image Source: Zacks Investment Research From a valuation standpoint, TXT is currently trading at a forward 12-month sales multiple of 0.88X, a discount when stacked up with the industry average of 2.47X. Image Source: Zacks Investment Research The Zacks Consensus Estimate for TXT’s 2026 and 2027 earnings has moved south over the past 60 days. Image Source: Zacks Investment Research TXT stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. |
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Saved
2026-08-30 21:36
10d ago
Published
2026-08-27 12:35
13d ago
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Why Is Textron (TXT) Down 2.7% Since Last Earnings Report? | FMP Stock News | |
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Original source text
It has been about a month since the last earnings report for Textron (TXT - Free Report) . Shares have lost about 2.7% in that time frame, underperforming the S&P 500.But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Textron due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important drivers. Textron Q2 Earnings Outpace Estimates, Revenues Increase Y/Y Textron Inc. reported second-quarter 2026 adjusted earnings of $1.62 per share, which surpassed the Zacks Consensus Estimate of $1.52 by 6.6%. The bottom line also rose 4.5% from $1.55 in the year-ago quarter. The company reported GAAP earnings of $1.42 per share compared with $1.35 a year ago. TXT’s RevenuesThe company reported total revenues of $3.83 billion, which beat the Zacks Consensus Estimate of $3.82 billion by 0.15%. The top line also increased 3% from the year-ago quarter’s level of $3.72 billion. Segmental Performance of TextronTextron Aviation: Revenues from this segment increased 1% year over year to $1.5 billion. This was primarily due to higher pricing, partially offset by lower volume and mix. The segment delivered 40 jets, down from 49 in the year-ago quarter. It also delivered 44 commercial turboprops, up from 34 in the second quarter of 2025. Order backlog at the end of the reported quarter totaled $8 billion. Bell: Revenues from this segment amounted to $1.1 billion, up 6% from the year-ago quarter’s registered number. This was driven by a $47 million increase in military revenues, primarily reflecting higher production volumes for the H-1 program and the MV-75 program. Bell delivered 36 commercial helicopters compared with 32 in the prior-year second quarter. Its order backlog at the end of the quarter totaled $7.5 billion. Textron Systems: This segment’s revenues amounted to $347 million, up $23 million from the prior-year level. Textron Systems’ backlog at the end of the quarter totaled $3.3 billion. Industrial: Revenues from this segment increased $9 million to $848 million. Finance: This segment’s revenues amounted to $14 million compared with $15 million in the year-ago quarter. During the quarter, the company initiated a sale process for the Industrial segment. Textron’s FinancialsAs of July 4, 2026, cash and cash equivalents totaled $1.44 billion compared with $1.94 billion as of Jan. 3, 2026. Net cash used in operating activities during the first six months of 2026 amounted to $128 million compared with $281 million in the year-ago period. Capital expenditures amounted to $95 million in the second quarter compared with $78 million in the year-ago quarter. The long-term debt totaled $3.11 billion as of July 4, 2026, compared with $3.53 billion as of Jan. 3, 2026. TXT’s GuidanceThe company expects 2026 adjusted earnings to be in the range of $6.40-$6.60 per share. The Zacks Consensus Estimate for earnings is pegged at $6.60 per share, which is the high end of the company’s guided range. How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a downward trend in estimates revision. The consensus estimate has shifted -9.25% due to these changes. VGM ScoresAt this time, Textron has a subpar Growth Score of D, though it is lagging a bit on the Momentum Score front with an F. However, the stock has a grade of A on the value side, putting it in the top quintile for this investment strategy. Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in. OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, Textron has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Performance of an Industry PlayerTextron belongs to the Zacks Aerospace - Defense industry. Another stock from the same industry, GE Aerospace (GE - Free Report) , has gained 1.1% over the past month. More than a month has passed since the company reported results for the quarter ended June 2026. GE reported revenues of $12.63 billion in the last reported quarter, representing a year-over-year change of +24.5%. EPS of $2.02 for the same period compares with $1.66 a year ago. GE is expected to post earnings of $1.99 per share for the current quarter, representing a year-over-year change of +19.9%. Over the last 30 days, the Zacks Consensus Estimate has changed -0.1%. GE has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of D. |
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2026-08-24 14:17
16d ago
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2026-08-24 09:45
16d ago
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Textron Appoints Brian Rohloff President and CEO of Textron Aviation | FMP Stock News | |
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Original source text
PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron names Brian Rohloff president & CEO of Textron Aviation segment, effective August 31, succeeding Ron Draper, who announced his retirement. |
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Saved
2026-08-23 11:40
17d ago
Published
2026-08-23 03:59
18d ago
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EP Wealth Advisors LLC Buys Shares of 20,272 Textron Inc. $TXT | FMP Stock News | |
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Original source text
EP Wealth Advisors LLC bought a new position in shares of Textron Inc. (NYSE:TXT – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 20,272 shares of the aerospace company’s stock, valued at approximately $1,860,000.Several other institutional investors also recently modified their holdings of TXT. Activest Wealth Management increased its stake in shares of Textron by 3,255.6% in the 4th quarter. Activest Wealth Management now owns 302 shares of the aerospace company’s stock valued at $26,000 after acquiring an additional 293 shares during the last quarter. Wilkerson Advisory Group LLC bought a new position in Textron during the 4th quarter worth approximately $26,000. Cedar Mountain Advisors LLC bought a new position in Textron during the 1st quarter worth approximately $29,000. Elyxium Wealth LLC acquired a new position in Textron during the fourth quarter valued at approximately $30,000. Finally, Strive Financial Group LLC acquired a new position in Textron during the fourth quarter valued at approximately $31,000. 86.03% of the stock is currently owned by institutional investors and hedge funds. Wall Street Analysts Forecast Growth Several research firms have weighed in on TXT. Weiss Ratings upgraded shares of Textron from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, July 13th. Jefferies Financial Group reissued a “buy” rating on shares of Textron in a report on Sunday, May 3rd. JPMorgan Chase & Co. upped their price objective on shares of Textron from $90.00 to $105.00 and gave the company a “neutral” rating in a research report on Monday, May 4th. Morgan Stanley set a $98.00 price objective on Textron in a research note on Wednesday, July 29th. Finally, TD Cowen dropped their price objective on Textron from $115.00 to $105.00 and set a “hold” rating on the stock in a research note on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $102.44. Read Our Latest Stock Analysis on Textron Textron Stock Performance Shares of TXT stock opened at $82.97 on Friday. 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 market capitalization of $14.27 billion, a P/E ratio of 15.65, a price-to-earnings-growth ratio of 1.20 and a beta of 0.91. The company’s 50 day moving average price is $89.66 and its two-hundred day moving average price is $91.41. Textron Inc. has a 52 week low of $78.12 and a 52 week high of $101.57. Textron (NYSE:TXT – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The aerospace company reported $1.62 earnings per share for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $3.81 billion. During the same quarter in the previous year, the firm posted $1.55 earnings per share. The business’s revenue was up 3.0% on a year-over-year basis. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. On average, analysts expect that Textron Inc. will post 6.5 earnings per share for the current fiscal year. Textron Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Friday, September 11th will be given a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Friday, September 11th. Textron’s payout ratio is currently 1.51%. Textron Company Profile (Free Report) 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. Featured Stories Five stocks we like better than Textron 2 Biotech Stocks Shaping Up for Major Breakouts 3 Stocks Came Roaring Back—Now They’re Flashing Warning Signs 3 Beaten-Down Stocks That Haven’t Gotten the Message About the S&P 500’s Record Run Darden Restaurants Just Hit a 52-Week High–Is the Olive Garden Comeback Story Legit? Receive News & Ratings for Textron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Textron and related companies with MarketBeat.com's FREE daily email newsletter. |
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2026-08-17 22:33
23d ago
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2026-08-17 16:15
23d ago
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Textron Aviation Celebrates 500th Cessna Citation CJ4 Delivery as Gen3 Era Advances | FMP Stock News | |
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Original source text
-Milestone delivery underscores more than a decade of customer confidence in the proven light jet platform as company progresses toward the future of flight with the Cessna Citation CJ4 Gen3 WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, today announced the 500th delivery of a Cessna Citation CJ4 series business jet, underscoring more than a decade of customer confidence in the company’s largest light jet and setting the stage for the next chapter of the aircraft with the upcoming Cessna Citation CJ4 Gen3. The milestone aircraft, a Citation CJ4 Gen2, was delivered to a customer based in the Philippines, reflecting the platform’s global reach. The delivery milestone reflects the CJ4’s position as a trusted light jet for customers who need a balance of performance, efficiency and mission flexibility. The aircraft is valued by owner-operators and fleet customers around the world for its versatility across a wide range of missions, from business travel to special mission operations. “The Citation CJ4 has set the standard in its class for more than a decade, and with the Citation CJ4 Gen2 and the upcoming Citation CJ4 Gen3, we're continuing to invest in the innovation, technology and capabilities our customers value most,” said Lannie O’Bannion, senior vice president, Sales & Marketing. “As we look to the future, our focus remains on delivering the performance, efficiency and confidence operators need to succeed in an evolving aviation landscape. Reaching 500 deliveries is a meaningful milestone that reflects the strength of the CJ4 platform and the trust customers around the world place in Textron Aviation.” The Cessna Citation CJ4 Gen3 is expected to achieve Federal Aviation Administration certification this year. The aircraft’s flight test program has completed more than 880 flight test hours across two test articles thus far. About the Cessna Citation CJ4 Gen3 The Cessna Citation CJ4 Gen3 is the largest Citation aircraft in the light jet segment. Designed with customer feedback in mind, the Citation CJ4 Gen3 introduces Garmin G3000 PRIME avionics to support a more intuitive flight deck experience, and the aircraft also offers pilot and passenger peace of mind with Garmin Emergency Autoland. The CJ4 Gen3 brings a new level of expectations to the light jet segment with the most standard features in its class. The single-pilot certified aircraft combines superior speed, range and operating economics compared to larger aircraft, making it the ideal platform for owner/operators or corporate missions. The CJ4 is valued by customers around the world for luxury and productivity, as well as a wide range of missions including air ambulance, maritime patrol, search and rescue and aerial survey. The Citation CJ4 Gen3 is expected to feature a maximum range of 2,165 nm and a maximum payload of 2,200 pounds. With seating for up to 11 occupants and a 1,040-pound baggage capacity, the aircraft offers superior performance and versatility. For more information, visit: cessna.txtav.com/cj4-gen3. About Textron Aviation Inc. We have been inspiring the journey of flight for nearly 100 years. Textron Aviation Inc., a Textron Inc. company, has empowered our collective talent across the Beechcraft, Cessna, Hawker and Pipistrel brands to design and deliver the best aviation experience for our customers. With a range that includes everything from business jets, turboprops, light and high-performance pistons, to special mission, military trainer and defense aircraft, Textron Aviation has the most versatile and comprehensive aviation product portfolio in the world and a workforce that has produced more than half of all general aviation aircraft worldwide. Customers in more than 170 countries rely on our legendary performance, reliability and versatility, along with our trusted global customer service network, for affordable, productive and flexible flight. For more information, visit www.txtav.com. About Textron Inc. Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, and Textron Systems. For more information, visit: www.textron.com. Certain statements in this press release may project revenues or describe strategies, goals, outlook or other non-historical matters; these forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update them. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, the efficacy of research and development investments to develop new products or unanticipated expenses in connection with the launching of significant new products or programs; the timing of our new product launches or certifications of our new aircraft products; our ability to keep pace with our competitors in the introduction of new products and upgrades with features and technologies desired by our customers; demand softness or volatility in the markets in which we do business; changes in government regulations or policies on the export and import of commercial products; risks related to our international business, including relying on joint venture partners, subcontractors, suppliers, representatives, consultants and other business partners in connection with international business; and performance issues with key suppliers or subcontractors. More News From Textron Aviation Inc. Back to Newsroom |
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2026-08-05 09:35
1mo ago
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2026-08-05 03:05
1mo ago
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Amundi Sells 7,607 Shares of Textron Inc. $TXT | FMP Stock News | |
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Original source text
Posted by Defense World Staff on Aug 5th, 2026Amundi trimmed its stake in Textron Inc. (NYSE:TXT – Free Report) by 5.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 128,178 shares of the aerospace company’s stock after selling 7,607 shares during the period. Amundi owned 0.07% of Textron worth $11,223,000 at the end of the most recent quarter. Other hedge funds have also recently made changes to their positions in the company. Quantinno Capital Management LP raised its stake in shares of Textron by 114.8% during the 1st quarter. Quantinno Capital Management LP now owns 570,416 shares of the aerospace company’s stock worth $49,946,000 after acquiring an additional 304,831 shares in the last quarter. SummitTX Capital L.P. purchased a new stake in Textron in the first quarter valued at about $733,000. Lazard Asset Management LLC acquired a new stake in Textron in the first quarter worth about $248,000. OMERS ADMINISTRATION Corp boosted its holdings in Textron by 232.8% in the first quarter. OMERS ADMINISTRATION Corp now owns 34,704 shares of the aerospace company’s stock worth $3,039,000 after acquiring an additional 24,276 shares in the last quarter. Finally, Themes Management Co LLC grew its stake in shares of Textron by 66.2% during the first quarter. Themes Management Co LLC now owns 8,865 shares of the aerospace company’s stock worth $776,000 after acquiring an additional 3,531 shares during the last quarter. 86.03% of the stock is currently owned by hedge funds and other institutional investors. Textron Stock Performance NYSE:TXT opened at $89.12 on Wednesday. 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 stock has a market capitalization of $15.33 billion, a PE ratio of 16.81, a P/E/G ratio of 1.25 and a beta of 0.91. Textron Inc. has a fifty-two week low of $76.45 and a fifty-two week high of $101.57. The company has a fifty day moving average of $90.78 and a two-hundred day moving average of $91.89. Textron (NYSE:TXT – Get Free Report) last released its earnings results on Tuesday, July 28th. The aerospace company reported $1.62 EPS for the quarter, topping analysts’ consensus estimates of $1.55 by $0.07. The business had revenue of $3.83 billion during the quarter, compared to analysts’ expectations of $3.81 billion. Textron had a net margin of 6.12% and a return on equity of 14.30%. The company’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.55 earnings per share. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. As a group, research analysts forecast that Textron Inc. will post 6.5 earnings per share for the current fiscal year. Textron Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Friday, September 11th will be given a $0.02 dividend. This represents a $0.08 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Friday, September 11th. Textron’s dividend payout ratio (DPR) is 1.51%. Analysts Set New Price Targets A number of analysts recently commented on TXT shares. Jefferies Financial Group reiterated a “buy” rating on shares of Textron in a research note on Sunday, May 3rd. Wall Street Zen lowered Textron from a “buy” rating to a “hold” rating in a research note on Saturday. Morgan Stanley set a $98.00 price objective on Textron in a report on Wednesday, July 29th. Weiss Ratings upgraded Textron from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, July 13th. Finally, UBS Group reiterated a “neutral” rating and issued a $95.00 target price on shares of Textron in a research report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $102.44. Check Out Our Latest Analysis on Textron Textron Profile (Free Report) 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. Further Reading Five stocks we like better than Textron System Upgrade: First Internet Bancorp Options Surge AI Security Breaches Raise New Risks for Microsoft and Amazon’s Agent Push The AI Chip Blockade Is Creating a Shadow Market Grab Holdings Stock Forms Bottom After Strong Beat-and-Raise Quarter Receive News & Ratings for Textron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Textron and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEAmundi Purchases 21,501 Shares of iShares Core MSCI Europe ETF $IEUR NEXT HEADLINE »Amundi Cuts Stock Position in LivaNova PLC $LIVN |
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Is It Too Late to Buy Textron Inc (TXT) After 3.2% Rally? GF Value Says Undervalued | FMP Stock News | |
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On August 04, 2026, Textron Inc (TXT) shares rose 3.2% to $89.12. The stock has traded within a 52-week range of $76.45 to $101.57, indicating some volatility o |
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Textron Declares Quarterly Dividend | FMP Stock News | |
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The Board of Directors of Textron Inc. (NYSE: TXT) today declared a quarterly dividend of $0.02 per share on the company's Common Stock.All dividends will be pai |
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Textron Declares Quarterly Dividend | FMP Stock News | |
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PROVIDENCE, R.I.--(BUSINESS WIRE)--The Board of Directors of Textron Inc. (NYSE:TXT) today declared a quarterly dividend of $0.02 per share on the company's Common Stock. All dividends will be paid on October 1, 2026 to holders of record at the close of business on September 11, 2026. About Textron Inc. Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Te. |
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2026-07-29 17:52
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Cessna Citation CJ3 Gen3 Achieves First Flight, Advancing Next-Generation Light Jet Toward Certification | FMP Stock News | |
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WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, recently achieved a key milestone as the Cessna Citation CJ3 Gen3 prototype aircraft completed its first flight, advancing the next-generation light jet toward certification. With this milestone, all three next-generation Citation light jets — the CJ4 Gen3, CJ3 Gen3 and M2 Gen3 — have entered flight testing, demonstrating continued momentum across the Cessna next-generation light jet portfolio. “This achie. |
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Textron: A Report To Forget | FMP Stock News | |
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Textron Inc. delivered a mixed Q2, with modest beats but slowing Aviation growth and muted Industrial performance, yet I maintain my Buy rating. TXT's valuation remains compelling at 14.8x forward earnings, well below peers, with a price target of $120 based on 18x $6.69 EPS. The ongoing Industrial segment sale or spin-off process is a key near-term catalyst, expected to unlock shareholder value and reduce valuation discount. |
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2026-07-28 17:51
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Why Textron Stock Tumbled Today | FMP Stock News | |
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Textron (TXT -5.89%) stock fell 8.2% through 10:05 a.m. ET Tuesday after meeting analyst sales forecasts and beating on earnings. Analysts forecast Textron would earn $1.54 per share on $3.8 billion in sales in Q2, and the company actually earned more -- $1.62 per share -- on the same expected revenue: $3.8 billion.This isn't the reaction to an "earnings beat" that you'd ordinarily expect, so what went wrong? Image source: Getty Images. Textron Q2 earnings Start with the earnings. As it turns out, the "$1.62" that Textron "earned" was only a non-GAAP number. Actual earnings as calculated under generally accepted accounting principles (GAAP) were only $1.42 per share -- up only up 5% from last year's Q2, and significantly less than the non-GAAP figure. On revenue, where Textron only met expectations, sales were up 3% in Q2, significantly slower growth than seen in Q1. Free cash flow declined significantly year over year, from $395 million in Q2 2025 to $235 million in Q2 2026. Finally, on guidance, Textron guided slightly below analyst expectations. Combined with the sales slowdown, this probably contributed to investors' lack of enthusiasm about the earnings "beat." Full-year, Textron expects to report non-GAAP profit of about $6.50 per share (a penny less than analysts hoped) and GAAP earnings of about $5.49 per share -- again, much less than GAAP. Today's Change ( -5.89 %) $ -5.66 Current Price $ 90.47 What's next for Textron One right call Textron's making is trying to sell its Industrial business, which grew sales only 1% in Q2 -- tied with Aviation for last place among the company's four main divisions. Industrial is also the company's least profitable division, with an operating profit margin of only 4.5%. Selling Industrial would generate cash for the other divisions to deploy, improve profit margins -- and not hurt sales all that much. I think it's the right decision. Rich Smith has no position in any of the stocks mentioned. The Motley Fool recommends Textron. The Motley Fool has a disclosure policy. |
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Textron Inc. (TXT) Q2 2026 Earnings Call Transcript | FMP Stock News | |
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Textron Inc. (TXT) Q2 2026 Earnings Call Transcript |
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2026-07-28 15:26
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Textron Q2 Earnings Call Highlights | FMP Stock News | |
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Discover 2 Under-the-Radar Aerospace Stocks Set for 2025 GrowthTextron NYSE: TXT reported second-quarter revenue growth of 3% to $3.8 billion, while adjusted earnings rose to $1.62 per share from $1.55 a year earlier. The company maintained its full-year adjusted earnings outlook of $6.40 to $6.60 per share and manufacturing cash flow guidance of $700 million to $800 million before pension contributions.Chief Executive Officer Lisa Atherton said the company’s manufacturing segments each contributed to first-half revenue growth of $500 million, or 7%, compared with the prior-year period. She pointed to healthy commercial and military demand, including aviation backlog and defense budget support for Textron’s military franchises. Get Textron alerts: 3 Stocks With Hot RSIs That Scream Further Gains“People want our products, and we have multi-year backlogs in many areas,” Atherton said, while emphasizing that operational efficiency and productivity remain priorities. Aviation demand remains strong, while factory efficiency weighs on profit Textron Aviation generated $1.5 billion in second-quarter revenue, up 1% from a year earlier, as higher aircraft pricing and aftermarket revenue offset lower aircraft volume and mix. The segment delivered 40 jets and 44 commercial turboprops, compared with 49 jets and 34 commercial turboprops in the prior-year quarter. Backlog ended the quarter at $8 billion. What makes Textron a must-own aerospace stock for 2024?Segment profit declined 3% to $165 million, primarily due to manufacturing inefficiencies and lower aircraft volume and mix, partly offset by lower warranty costs. Atherton said Aviation is investing in workforce development, factory capacity and engineering support to improve producibility. Attrition has returned to more normalized levels following an earlier spike, but the company has a relatively new manufacturing workforce. About 50% of the workforce has less than five years of experience, compared with less than 30% in 2019, she said. The company is also adding targeted capacity in landing gear, milling and paint, while expanding dual sourcing for critical supplies. Atherton said supply-chain conditions have improved substantially, though some components remain problematic. Chief Financial Officer David Rosenberg said Aviation’s productivity opportunity is worth roughly $150 million in incremental profit, or about 200 basis points of margin improvement, over the medium term. He said the opportunity is split roughly evenly between internal productivity actions and supply-chain improvements. Rosenberg expects third-quarter Aviation revenue to have a similar profile to the second quarter, with margin expansion expected in the fourth quarter. Atherton said the company expects workforce learning curves to improve next year and is targeting improvement in overall product deliveries toward the middle to latter part of 2027. Textron Aviation’s development programs continued to advance. The CJ4 Gen3 and M2 Gen3 are in flight testing, while the CJ3 Gen3 is expected to make its first flight in the third quarter. All three are expected to enter service next year. The Denali is in final flight testing and remains on pace to enter service in 2027. Bell revenue rises as company self-funds MV-75 work Bell revenue increased 6% to $1.1 billion, driven by higher military revenue from H-1 production and the MV-75 program, as well as higher commercial pricing. Segment profit fell 6% to $75 million, reflecting program performance and military-program mix, partly offset by lower research and development costs. Bell’s backlog totaled $7.5 billion at quarter-end. The company said the U.S. Army is pursuing an above-threshold reprogramming request for an additional $350 million of fiscal 2026 funds for the MV-75 Cheyenne program. Textron expects Congress to complete the process during the third quarter, but has elected to continue program work on a self-funded basis while awaiting the funding decision. Rosenberg said Textron is managing spending through the next several weeks to remain within the $350 million threshold while maintaining program momentum. He described the reprogramming need as a “unique one-off” related to a schedule acceleration that occurred after the Army submitted its fiscal 2026 budget. Textron’s full-year outlook assumes it receives the additional funding. Without it, adjusted earnings per share could be reduced by $0.20 to $0.30 and manufacturing cash flow could decline by $150 million to $250 million, the company said. Bell completed its first two MV-75 wing structures during the quarter. Atherton said the first wing required 90% fewer labor hours than the initial V-22 wing build, while the second required an additional 40% reduction from the first wing. Bell also delivered 36 commercial helicopters, up from 32 a year earlier. Systems growth and Industrial sale process Textron Systems revenue rose 7% to $347 million, helped by armored land vehicle volume and military training and support work at Airborne Tactical Advantage Company, or ATAC. Segment profit increased 10% to $44 million, primarily due to lower research and development expense. Systems backlog was $3.3 billion. During the quarter, Systems began producing Mobile Strike Force Vehicles in Louisiana for delivery of 65 units to Ukraine. The Advanced Reconnaissance Vehicle program completed its systems functional review and continued design work following a $450 million Marine Corps pre-production development award earlier this year. Industrial revenue was $848 million, up $9 million, while segment profit increased 9% to $59 million. Kautex benefited from pricing and foreign-exchange effects, while Textron Specialized Vehicles faced lower volume and mix and the impact of the powersports business disposition. Rosenberg said the segment received a gross refund of $21 million in previously imposed IEEPA tariffs, with an approximately $18 million net effect on results. Textron has initiated a sale process for its Industrial segment while continuing work needed for a potential spinoff. Atherton said the company has received significant inbound interest and is evaluating interest in the segment as a whole as well as in separate businesses. The effort is part of Textron’s stated plan to become a pure-play aerospace and defense company. About Textron (NYSE:TXT)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. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Should You Invest $1,000 in Textron Right Now?Before you consider Textron, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Textron wasn't on the list. While Textron currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow. Get This Free Report |
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2026-07-28 15:26
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2026-07-28 10:31
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Textron (TXT) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates | FMP Stock News | |
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For the quarter ended June 2026, Textron (TXT - Free Report) reported revenue of $3.83 billion, up 3% over the same period last year. EPS came in at $1.62, compared to $1.55 in the year-ago quarter.The reported revenue represents a surprise of +0.15% over the Zacks Consensus Estimate of $3.82 billion. With the consensus EPS estimate being $1.52, the EPS surprise was +6.58%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Textron performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenues- Manufacturing- Bell: $1.07 billion versus $1.05 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +5.7% change.Revenues- Manufacturing- Textron systems: $347 million compared to the $332.23 million average estimate based on two analysts. The reported number represents a change of +8.1% year over year.Revenues- Manufacturing- Textron Aviation: $1.54 billion versus the two-analyst average estimate of $1.57 billion. The reported number represents a year-over-year change of +1.8%.Revenues- Finance: $14 million versus $11.28 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -6.7% change.Revenues- Manufacturing: $3.81 billion compared to the $3.78 billion average estimate based on two analysts. The reported number represents a change of +3% year over year.Revenues- Manufacturing- Industrial: $848 million compared to the $827.44 million average estimate based on two analysts. The reported number represents a change of +1.1% year over year.View all Key Company Metrics for Textron here>>> Shares of Textron have returned +6.6% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. |
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2026-07-28 15:26
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2026-07-28 10:41
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Textron Q2 Earnings Outpace Estimates, Revenues Increase Y/Y | FMP Stock News | |
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Key Takeaways Textron beat Q2 earnings and revenue estimates, with adjusted EPS rising 4.5% year over year.TXT saw higher Bell, Systems and Industrial sales, while Aviation backlog ended the quarter at $8 billion.TXT reaffirmed 2026 adjusted EPS guidance of $6.40-$6.60 and began the Industrial segment sale process. Textron Inc. (TXT - Free Report) reported second-quarter 2026 adjusted earnings of $1.62 per share, which surpassed the Zacks Consensus Estimate of $1.52 by 6.6%. The bottom line also rose 4.5% from $1.55 in the year-ago quarter.The company reported GAAP earnings of $1.42 per share compared with $1.35 a year ago. TXT’s RevenuesThe company reported total revenues of $3.83 billion, which beat the Zacks Consensus Estimate of $3.82 billion by 0.15%. The top line also increased 3% from the year-ago quarter’s level of $3.72 billion. Textron Inc. Price, Consensus and EPS Surprise Segmental Performance of TextronTextron Aviation: Revenues from this segment increased 1% year over year to $1.5 billion. This was primarily due to higher pricing, partially offset by lower volume and mix. The segment delivered 40 jets, down from 49 in the year-ago quarter. It also delivered 44 commercial turboprops, up from 34 in the first quarter of 2025. Order backlog at the end of the reported quarter totaled $8 billion. Bell: Revenues from this segment amounted to $1.1 billion, up 6% from the year-ago quarter’s registered number. This was driven by a $47 million increase in military revenues, primarily reflecting higher production volumes for the H-1 program and the MV-75 program. Bell delivered 36 commercial helicopters compared with 32 in the prior-year first quarter. Its order backlog at the end of the quarter totaled $7.5 billion. Textron Systems: This segment’s revenues amounted to $347 million, up $23 million from the prior-year level. Textron Systems’ backlog at the end of the quarter totaled $3.3 billion. Industrial: Revenues from this segment increased $9 million to $848 million. Finance: This segment’s revenues amounted to $14 compared with $15 million in the year-ago quarter. During the quarter, the company initiated a sale process for the Industrial segment. Textron’s FinancialsAs of July 4, 2026, cash and cash equivalents totaled $1.44 billion compared with $1.94 billion as of Jan. 3, 2026. Net cash used in operating activities during the first six months of 2026 amounted to $128 million compared with $281 million in the year-ago period. Capital expenditures amounted to $95 million in the second quarter compared with $78 million in the year-ago quarter. The long-term debt totaled $3.11 billion as of July 4, 2026, compared with $3.53 billion as of Jan. 3, 2026. TXT’s GuidanceThe company expects 2026 adjusted earnings to be in the range of $6.40-$6.60 per share. The Zacks Consensus Estimate for earnings is pegged at $6.60 per share, which is the high end of the company’s guided range. TXT’s Zacks RankTextron currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Recent Defense Release RTX Corporation’s (RTX - Free Report) second-quarter 2026 adjusted earnings per share (EPS) of $1.89 beat the Zacks Consensus Estimate of $1.66 by 13.9%. The bottom line improved 21.1% from the year-ago quarter’s level of $1.56. RTX’s revenues rose 14.5% year over year to $24.71 billion and beat the consensus mark of $22.83 billion by 8.2%. Growth was supported by higher commercial aftermarket and defense demand. Backlog climbed 22% to $289 billion. Lockheed Martin Corporation (LMT - Free Report) reported second-quarter 2026 adjusted earnings of $7.94 per share, which beat the Zacks Consensus Estimate of $7.22 by 10%. The bottom line increased 8.9% from the year-ago quarter's reported figure of $7.29. LMT’s net sales were $20.06 billion, which beat the Zacks Consensus Estimate of $19.34 billion by 3.7%. The top line improved 10.5% from $18.16 billion reported in the year-ago quarter. Northrop Grumman Corporation (NOC - Free Report) reported second-quarter 2026 adjusted earnings of $7.68 per share, which beat the Zacks Consensus Estimate of $6.84 by 12.3%. The bottom line, however, declined 5.8% from the year-ago quarter’s level of $8.15. NOC’s second-quarter sales of $10.88 billion beat the Zacks Consensus Estimate of $10.80 billion by 0.7%. The top line also improved 5.1% from $10.35 billion reported in the year-ago quarter. |
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2026-07-28 13:02
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Is Textron Inc (TXT) a Strong Buy After Q2 Earnings Beat? EPS of $1.42 and Revenue at $3.8 Billion -- GF Score: 87/100 | FMP Stock News | |
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Textron Inc (TXT) released its 8-K filing on July 28, 2026, reporting a second-quarter net income of $1.42 per share, surpassing both the previous year's figure |
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Textron tops quarterly results estimates on higher aircraft pricing | FMP Stock News | |
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Textron beat second-quarter profit and revenue estimates on Tuesday, driven by higher aircraft pricing and sustained growth in its Bell helicopter business. |
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2026-07-28 13:02
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Textron (TXT) Q2 Earnings and Revenues Surpass Estimates | FMP Stock News | |
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Textron (TXT - Free Report) came out with quarterly earnings of $1.62 per share, beating the Zacks Consensus Estimate of $1.52 per share. This compares to earnings of $1.55 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +6.58%. A quarter ago, it was expected that this maker of Cessna small planes and Bell helicopters would post earnings of $1.3 per share when it actually produced earnings of $1.45, delivering a surprise of +11.54%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Textron, which belongs to the Zacks Aerospace - Defense industry, posted revenues of $3.83 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.15%. This compares to year-ago revenues of $3.72 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Textron shares have added about 10.3% since the beginning of the year versus the S&P 500's gain of 8.3%. What's Next for Textron?While Textron has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Textron was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.68 on $3.82 billion in revenues for the coming quarter and $6.60 on $15.56 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Aerospace - Defense is currently in the bottom 42% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Joby Aviation, Inc. (JOBY - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 5. This company is expected to post quarterly loss of $0.21 per share in its upcoming report, which represents a year-over-year change of +12.5%. The consensus EPS estimate for the quarter has been revised 1.2% lower over the last 30 days to the current level. Joby Aviation, Inc.'s revenues are expected to be $28.97 million, up 289550% from the year-ago quarter. |
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2026-07-28 10:38
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2026-07-28 03:25
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Arrowstreet Capital Limited Partnership Grows Stock Position in Textron Inc. $TXT | FMP Stock News | |
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Posted by Defense World Staff on Jul 28th, 2026Arrowstreet Capital Limited Partnership boosted its holdings in shares of Textron Inc. (NYSE:TXT – Free Report) by 19.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 625,911 shares of the aerospace company’s stock after buying an additional 101,772 shares during the quarter. Arrowstreet Capital Limited Partnership owned approximately 0.36% of Textron worth $54,805,000 at the end of the most recent quarter. Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Motley Fool Asset Management LLC lifted its holdings in Textron by 3.7% during the fourth quarter. Motley Fool Asset Management LLC now owns 3,008 shares of the aerospace company’s stock valued at $262,000 after purchasing an additional 106 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in Textron by 22.3% in the 4th quarter. Parkside Financial Bank & Trust now owns 653 shares of the aerospace company’s stock worth $57,000 after buying an additional 119 shares in the last quarter. Capital Management Corp VA raised its holdings in Textron by 1.0% during the fourth quarter. Capital Management Corp VA now owns 12,477 shares of the aerospace company’s stock valued at $1,088,000 after acquiring an additional 120 shares during the period. Root Financial Partners LLC lifted its position in shares of Textron by 24.5% in the fourth quarter. Root Financial Partners LLC now owns 630 shares of the aerospace company’s stock valued at $55,000 after acquiring an additional 124 shares in the last quarter. Finally, Essex Financial Services Inc. lifted its position in shares of Textron by 4.9% in the first quarter. Essex Financial Services Inc. now owns 2,712 shares of the aerospace company’s stock valued at $237,000 after acquiring an additional 127 shares in the last quarter. 86.03% of the stock is owned by hedge funds and other institutional investors. Wall Street Analysts Forecast Growth Several analysts recently issued reports on TXT shares. Weiss Ratings raised Textron from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, July 13th. Citigroup increased their price objective on shares of Textron from $97.00 to $99.00 and gave the company a “neutral” rating in a report on Thursday, April 2nd. Morgan Stanley set a $97.00 price objective on shares of Textron in a research report on Wednesday, July 15th. Wall Street Zen raised shares of Textron from a “hold” rating to a “buy” rating in a report on Monday, July 20th. Finally, JPMorgan Chase & Co. upped their target price on shares of Textron from $90.00 to $105.00 and gave the stock a “neutral” rating in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $103.10. Get Our Latest Analysis on TXT Insider Buying and Selling at Textron In related news, Director Thomas A. Kennedy acquired 10,300 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was purchased at an average cost of $95.98 per share, with a total value of $988,594.00. Following the transaction, the director directly owned 20,162 shares of the company’s stock, valued at $1,935,148.76. This trade represents a 104.44% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director R Kerry Clark sold 2,517 shares of the firm’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $93.09, for a total transaction of $234,307.53. Following the completion of the transaction, the director directly owned 8,611 shares of the company’s stock, valued at approximately $801,597.99. This represents a 22.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.90% of the company’s stock. Textron Stock Up 0.6% Shares of NYSE:TXT opened at $96.09 on Tuesday. Textron Inc. has a 1 year low of $75.80 and a 1 year high of $101.57. The business has a 50 day simple moving average of $91.19 and a two-hundred day simple moving average of $92.11. The firm has a market capitalization of $16.71 billion, a PE ratio of 18.37, a price-to-earnings-growth ratio of 1.43 and a beta of 0.90. 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 – Get Free Report) last released its earnings results on Thursday, April 30th. The aerospace company reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.15. The business had revenue of $3.69 billion during the quarter, compared to the consensus estimate of $3.50 billion. Textron had a return on equity of 14.56% and a net margin of 6.15%.The business’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period last year, the company earned $1.28 earnings per share. Textron has set its FY 2026 guidance at 6.400-6.600 EPS. On average, equities analysts predict that Textron Inc. will post 6.6 EPS for the current year. Textron Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Friday, June 12th were issued a $0.02 dividend. The ex-dividend date was Friday, June 12th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.1%. Textron’s dividend payout ratio (DPR) is currently 1.53%. About Textron (Free Report) 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. See Also Five stocks we like better than Textron AirJoule’s Kubota Deal Is a Major Validation—But the Hard Part Comes Next Dividend Stocks May Be the Quiet Rotation Trade Investors Are Missing Now Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There? Verizon May Be an AI Infrastructure Stock Hiding in Plain Sight Receive News & Ratings for Textron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Textron and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEArrowstreet Capital Limited Partnership Buys 659,357 Shares of Atmus Filtration Technologies Inc. $ATMU NEXT HEADLINE »Twilio Inc. $TWLO Shares Sold by Caxton Associates LLP |
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2026-07-28 10:38
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Textron Reports Second Quarter 2026 Results | FMP Stock News | |
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PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) today reported second quarter 2026 net income of $1.42 per share, compared to $1.35 in the second quarter of 2025. Adjusted net income, a non-GAAP measure that is defined and reconciled to GAAP in an attachment to this release, was $1.62 per share for the second quarter of 2026, compared to $1.55 per share in the second quarter of 2025. "The second quarter continued a strong start to the year for Textron with revenue growth in each of. |
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2026-07-27 15:26
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Vivace Selected to Support Textron Systems' Cottonmouth® Advanced Reconnaissance Vehicle Development | FMP Stock News | |
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NEW ORLEANS--(BUSINESS WIRE)--Vivace International Corporation, a leader in mission-critical propulsion tanks and aerospace systems, today announced it has been selected by Textron Systems to support the manufacturing for its Cottonmouth® Advanced Reconnaissance Vehicle (ARV) for the United States Marine Corps (USMC) under its recent award for 16 Cottonmouth pre-production vehicles (PPVs), three systems integration labs (SILs), and four blast hulls. Under the program, Vivace will deliver key co. |
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2026-07-24 15:23
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2026-07-24 11:11
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Textron to Post Q2 Earnings: What's in the Cards for the Stock? | FMP Stock News | |
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Textron Inc. (TXT - Free Report) is scheduled to release its second-quarter 2026 results on July 28, before market open. The company delivered an earnings surprise of 11.54% in the last reported quarter.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results. Factors Likely to Affect TXT’s Q2 ResultsHigher aircraft revenues, as well as aftermarket parts and services revenues, are likely to have boosted the Aviation unit’s top line in the second quarter. Higher sales volumes on the MV-75 program and military sustainment programs, along with increased commercial helicopter parts and services revenues, are projected to have bolstered the Bell unit’s revenue performance. Higher sales volumes from the Ship-to-Shore Connector program, as well as military training and support services provided by Airborne Tactical Advantage Company (“ATAC”), are likely to have bolstered Textron Systems unit’s performance. Lower sales volumes from the specialized vehicles are likely to have impacted TXT’s Industrial segment’s performance. Higher costs of products sold, as well as selling and administrative expenses, are likely to have hurt TXT’s overall bottom line. TXT’s Q2 EstimatesThe Zacks Consensus Estimate for TXT’s second-quarter revenues is pegged at $3.82 billion, which indicates growth of 2.8% from the year-ago quarter’s figure. The consensus estimate for TXT’s earnings is pegged at $1.52 per share. This indicates decline of 1.9% from the prior-year figure. What the Zacks Model UnveilsOur proven model does not conclusively predict an earnings beat for TXT this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as you will see below. Earnings ESP: Textron has an Earnings ESP of 0.00%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter. Zacks Rank: TXT currently carries a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here. Stocks to ConsiderBelow, we have mentioned a few players from the same sector that have the right combination of elements to beat on earnings in the upcoming releases: General Dynamics (GD - Free Report) is set to report its second-quarter 2026 earnings on July 29, before market open. It has an Earnings ESP of +1.61% and a Zacks Rank of 2 at present. The Zacks Consensus Estimate for GD’s earnings is pegged at $3.95 per share. The consensus estimate for its sales is pegged at $13.49 billion, indicating year-over-year growth of 3.4%. L3Harris Technologies, Inc. (LHX - Free Report) is expected to report its second-quarter 2026 earnings on July 29, after market close. It has an Earnings ESP of +2.09% and a Zacks Rank of 3 at present. The consensus estimate for LHX’s earnings is pegged at $2.80 per share. The consensus estimate for its sales is pegged at $5.79 billion, indicating year-over-year growth of 6.8%. CurtissWright (CW - Free Report) is set to report its second-quarter 2026 earnings on Aug. 5, 2026, after market close. It has an Earnings ESP of +0.36% and a Zacks Rank of 3 at present. The Zacks Consensus Estimate for CW’s earnings is pegged at $3.62 per share. The consensus estimate for its sales is pegged at $930.6 million, indicating year-over-year growth of 6.2%. |
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Bell Marks the Delivery of the 700th Bell 505 During Farnborough International Airshow | FMP Stock News | |
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LONDON--(BUSINESS WIRE)--During this year's Farnborough International Airshow, Bell announced that it delivered its 700th Bell 505, highlighting the platform's global success. |
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2026-07-20 17:37
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Epic Flight Academy Agrees to Purchase up to 50 Pipistrel Voyager Aircraft, Supplementing Its Fleet of Trainers as It Supports Continued Pilot Training | FMP Stock News | |
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OSHKOSH, Wis.--(BUSINESS WIRE)--Pipistrel, a Textron Inc. (NYSE: TXT) company and an affiliate of Textron Aviation Inc., today announced Epic Flight Academy as the launch customer for the Pipistrel Voyager during Textron Aviation's press conference at EAA AirVenture 2026. The company has signed a purchase agreement for up to 50 Voyager aircraft, with an order for 10 initial deliveries beginning in 2027, and options for up to 20 additional aircraft in 2028 and 20 in 2029, supporting the continue. |
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Epic Flight Academy Agrees to Purchase up to 50 Pipistrel Voyager Aircraft, Supplementing Its Fleet of Trainers as It Supports Continued Pilot Training | FMP Stock News | |
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[url="]Pipistrel[/url], a Textron Inc. (NYSE: TXT) company and an affiliate of Textron Aviation Inc., today announced [url="]Epic Flight Academy[/url] as the l |
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2026-07-20 15:13
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New Pipistrel Voyager Brings Next Generation Training Capabilities and Access to Flight Schools | FMP Stock News | |
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OSHKOSH, Wis.--(BUSINESS WIRE)--Pipistrel, a Textron Inc. (NYSE: TXT) company and an affiliate of Textron Aviation Inc., today introduced the Pipistrel Voyager, a next-generation training aircraft designed to expand capability for flight schools while maintaining the efficiency and simplicity owners and operators expect from Pipistrel. Purpose-built for evolving pilot training requirements, the Voyager is designed to align with anticipated Modernization of Special Airworthiness Certification (M. |
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2026-07-14 17:34
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2026-07-14 11:00
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Cessna Citation CJ3 Gen2 and Beechcraft King Air 360 Crimson Edition to make EAA AirVenture show debut | FMP Stock News | |
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[url="]Textron Aviation Inc.[/url], a [url="]Textron Inc.[/url] (NYSE: TXT) company, today announced the Cessna Citation CJ3 Gen2 and Beechcraft King Air 360 Cr |
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2026-07-01 17:58
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2026-07-01 13:06
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Is Textron Expanding Its Presence in the Helicopter Market? | FMP Stock News | |
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Key Takeaways Bell delivered a helicopter to Texas DPS for law enforcement, emergency response and surveillance missions.TXT's Bell 407GXi offers versatility, advanced avionics and support for patrol, rescue and disaster response.Textron is positioned to benefit as governments and commercial operators modernize helicopter fleet. Textron (TXT - Free Report) continues to strengthen its position in the helicopter market through its Bell business, which develops advanced rotorcraft for military, government and commercial customers worldwide. Bell's helicopters are designed to deliver reliable performance, mission flexibility and advanced capabilities across a wide range of operational environments.A key example is Bell's latest delivery to the Texas Department of Public Safety. In May 2026, the company delivered a new Bell 407GXi helicopter to the agency, reinforcing its long-standing relationship with Texas DPS. The aircraft will support a variety of missions, including law enforcement, emergency response and aerial surveillance. The Bell 407GXi is a light single-engine helicopter known for its versatility, reliability and advanced avionics. Its ability to perform missions ranging from patrol and search-and-rescue to disaster response makes it a preferred platform for government agencies and commercial operators. The helicopter enhances operational flexibility while enabling operators to respond effectively to evolving mission requirements. With governments and commercial operators continuing to modernize their helicopter fleet, demand for advanced rotorcraft is expected to remain healthy. Textron's broad helicopter portfolio, combined with Bell's decades of experience in rotorcraft manufacturing and innovation, positions it well to benefit from long-term opportunities in the global helicopter market. Other Companies Expanding Their Helicopter CapabilitiesOther aerospace and defense companies expanding their helicopter capabilities are discussed below: Northrop Grumman Corporation (NOC - Free Report) : The company's Fire Scout is a combat-proven autonomous helicopter system that provides real-time intelligence, surveillance, reconnaissance, target acquisition, laser designation and battle management capabilities without relying on manned aircraft or space-based assets. Lockheed Martin Corporation (LMT - Free Report) : Through its Sikorsky business, the company manufactures renowned military helicopters used for combat, transport and rescue missions worldwide. Its portfolio includes the Black Hawk, Seahawk and CH-53K King Stallion heavy-lift helicopters. The Zacks Rundown for TXTShares of TXT have surged 12% in the past year compared with the industry’s 6.3% growth. Image Source: Zacks Investment Research The company shares are trading at a discount on a relative basis, with its forward 12-month Price/Sales being 1.00X compared with its industry’s average of 2.62X. Image Source: Zacks Investment Research The Zacks Consensus Estimate for TXT’s 2026 earnings has moved north over the past 60 days. Image Source: Zacks Investment Research |
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2026-07-01 15:35
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2026-07-01 10:41
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Here's Why Textron (TXT) is a Strong Value Stock | FMP Stock News | |
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Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days. Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on. The Style Scores are broken down into four categories: Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks. Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth. Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates. VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum. How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio. It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day. But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from. That's where the Style Scores come in. To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible. Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy. Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Textron (TXT - Free Report) Textron Inc., incorporated in 1923, is a global multi-industry company that manufactures aircraft, automotive engine components and industrial tools. It also offers solutions and services for aircraft, fastening systems, and industrial products and components. Its products include commercial and military helicopters, light- and mid-size business jets, plastic fuel tanks, automotive trim products, golf carts and utility vehicles, turf-car equipment, industrial pumps and gears. It is a commercial finance company in select markets. Textron is known globally for its most recognizable and valuable brand names, such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, E-Z-GO and Greenlee. TXT is a #3 (Hold) on the Zacks Rank, with a VGM Score of B. It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 13.9; value investors should take notice. One analyst revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.02 to $6.60 per share. TXT boasts an average earnings surprise of +5.8%. With a solid Zacks Rank and top-tier Value and VGM Style Scores, TXT should be on investors' short list. |
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2026-07-01 13:11
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Textron to Release Second Quarter Results on July 28, 2026 | FMP Stock News | |
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PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) will release its second quarter 2026 financial results on Tuesday morning, July 28, 2026. Textron will also host a conference call at 8:00 a.m. (Eastern) to discuss the results and the company's outlook. The call will be available via webcast at www.textron.com or by direct dial at (888) 596-4144 in the U.S. or (646) 968-2525 outside of the U.S.; Access Code: 6969175. In addition, the call will be recorded and available for playback be. |
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2026-06-30 20:26
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2026-06-30 15:41
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GE Aerospace vs. Textron: Which Aerospace & Defense Stock Has Greater Upside? | FMP Stock News | |
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Key Takeaways GE Aerospace benefits from strong engine demand, including over 650 commercial engine orders in Q1 2026.Textron Aviation revenues rose 22%, with backlog reaching $8 billion supporting future deliveries.GE Aerospace invests in MRO and manufacturing while facing higher costs and debt concerns. GE Aerospace (GE - Free Report) and Textron Inc. (TXT - Free Report) are two prominent names operating in the aerospace and defense industry. As rivals, both companies are engaged in producing highly engineered aircraft components for commercial and military aircraft in the United States and international markets.These companies have been enjoying significant growth opportunities in the aerospace and defense space on account of the improving air traffic trend and the expansionary U.S. defense budgetary policy in the past couple of years. Let’s take a closer look at their fundamentals, growth prospects and challenges. The Case for GE AerospaceGE Aerospace is poised to gain from its growing installed base and higher utilization of engine platforms, supported by strength across commercial & defense sectors. Solid demand for LEAP, GEnx & GE9X engines and services, supported by growth in air traffic, fleet renewal and expansion activities, is proving beneficial for the Commercial Engines & Services business. In first-quarter 2026, the company received orders for more than 650 commercial engines, including commitments from American Airlines, United Airlines and Delta Airlines. Growing popularity for the company’s propulsion & additive technologies, critical aircraft systems and aftermarket services in the defense sector is driving the Defense & Propulsion Technologies business’ performance. In the first quarter, GE clinched a $1.4 billion deal for T408 engines to support the U.S. Marine Corps’ CH-53K helicopter fleet. GE remains committed to making investments to boost growth and provide better services to its customers. The company has been on track to invest more than $1 billion in its MRO facilities around the world over the next five years. For 2026, the company had announced its plan to invest an additional $1 billion in U.S. manufacturing and technology. Also, in the same period, GE Aerospace plans to invest more than €110 million across its European manufacturing facilities. The company’s shareholder-friendly policies also add to its appeal. In first-quarter 2026, it paid dividends of $381 million, up 26.2% year over year, to its shareholders. It also raised its dividend by 30.6% to 36 cents per share in February 2026. In the same period, the company repurchased shares for $2.2 billion. Despite the positives, GE’s highly leveraged balance sheet remains concerning. Exiting the first quarter, GE Aerospace’s total borrowings were $20.3 billion. The figure comprised $2.1 billion of short-term borrowings and $18.2 billion of long-term borrowings. The Case for TextronGrowth in commercial air passenger traffic has been benefiting Textron’s Aviation business unit. In first-quarter 2026, Textron Aviation revenues increased 22% year over year, driven by higher aircraft revenues and an increase in aftermarket parts and services revenues. Exiting the first quarter, the Aviation business’ backlog rose to $8.0 billion from $7.7 billion at year-end 2025, supporting delivery and aftermarket plans across product lines. Besides its strong presence in the commercial aerospace market, Textron enjoys solid demand for its defense products as well. In the first quarter, Bell’s military revenues increased 9% year over year, driven by continued growth on the MV-75 Cheyenne program. Textron Systems' revenues increased 13% largely due to higher volume on the Ship-to-Shore Connector program and military training services at ATAC. TXT continues to invest in product upgrades, certifications and feature enhancements across its portfolio to defend share and support pricing and mix. Recent activity includes the certification of the Citation Ascend and ongoing development programs such as the Beechcraft Denali, alongside continued enhancements to in-production models. The company’s cash and cash equivalents amounted to $1.51 billion at the end of the first quarter. While Textron’s long-term debt totaled $3.11 billion exiting the quarter, its current debt was $0.36 billion. Although the long-term debt value exceeds its cash reserve, its current debt remains much lower than the cash balance. So, it seems that the company boasts a solid solvency position, at least in the short term. However, the persistence of supply-chain issues arising out of component shortages and delays might result in production delays for some of Textron’s products. Management continues to cite engines as a key constraint area, even as broader systemic issues have moderated compared with prior years. Price Performance Image Source: Zacks Investment Research In the past six months, GE Aerospace shares have risen 21.1%, while Textron stock has gained 3.5%. The Zacks Consensus Estimate for GE & TextronThe Zacks Consensus Estimate for GE’s 2026 sales and earnings per share (EPS) implies year-over-year growth of 15.2% and 17.4%, respectively. EPS estimates for both 2026 and 2027 have increased over the past 60 days. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Textron’s 2026 sales and EPS implies year-over-year growth of 5.2% and 8.2%, respectively. Although the EPS estimates for 2026 have increased over the past 60 days, the same for 2027 have declined. Image Source: Zacks Investment Research Valuation of GE & Textron Image Source: Zacks Investment Research Textron is trading at a forward 12-month price-to-earnings ratio of 12.95X, close to its median of 13.12X over the last three years. GE’s forward earnings multiple sits at 46.32X, higher than its median of 36.73X over the same time frame. Final TakeGE Aerospace’s strong momentum in the commercial and defense aerospace markets, driven by solid build rates, wide-body aircraft demand and a robust defense budget, bodes well for growth. Given the strength across most of its served markets, GE has built a sound liquidity position that supports its shareholder-friendly policies. In contrast, Textron’s strength in commercial and defense aerospace markets, along with its robust pipeline of projects, favors well for its growth. Its strong liquidity position is an added strength. However, this has been marred by the supply-chain challenges arising from component shortages, which might affect its near-term performance. Despite its steeper valuation, GE holds robust prospects due to strong estimates, stock price appreciation and better prospects for sales and profit growth. Given these factors, GE seems a better pick for investors than Textron currently. While GE carries a Zacks Rank #2 (Buy), Textron currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. |
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2026-06-26 15:50
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2026-06-26 10:46
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Textron Supported by Robust Aviation and Defense Program Demand | FMP Stock News | |
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TXT's business jet demand, defense programs and product upgrades support growth, even as supply-chain issues and labor shortages weigh. |
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2026-06-20 23:52
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2026-06-18 10:51
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Here's Why Textron (TXT) is a Strong Momentum Stock | FMP Stock News | |
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It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days. Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on. The Style Scores are broken down into four categories: Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks. Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time. Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks. VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank. How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio. Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +24% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day. But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from. That's where the Style Scores come in. You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible. The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank. For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Textron (TXT - Free Report) Textron Inc., incorporated in 1923, is a global multi-industry company that manufactures aircraft, automotive engine components and industrial tools. It also offers solutions and services for aircraft, fastening systems, and industrial products and components. Its products include commercial and military helicopters, light- and mid-size business jets, plastic fuel tanks, automotive trim products, golf carts and utility vehicles, turf-car equipment, industrial pumps and gears. It is a commercial finance company in select markets. Textron is known globally for its most recognizable and valuable brand names, such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, E-Z-GO and Greenlee. TXT is a #3 (Hold) on the Zacks Rank, with a VGM Score of B. Momentum investors should take note of this Aerospace stock. TXT has a Momentum Style Score of B, and shares are up 3.5% over the past four weeks. Two analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.05 to $6.60 per share. TXT also boasts an average earnings surprise of +5.8%. With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, TXT should be on investors' short list. |
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2026-06-20 23:52
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2026-06-19 11:09
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Special Olympics Airlift Takes Flight Nationwide; Dove 1 Arrives at St. Paul Downtown Airport | FMP Stock News | |
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Approximately 130 Cessna, Beechcraft and Hawker aircraft and volunteer pilots mobilize to transport more than 800 Special Olympics athletes and coaches to the 2026 Special Olympics USA GamesST. PAUL, Minn.--(BUSINESS WIRE)--The 2026 Special Olympics Airlift officially took flight today as all participating Cessna, Beechcraft and Hawker aircraft, known as Doves, departed from airports across the country. Dove 1 for arrival day, a Cessna Citation Latitude generously operated by Prent Corporation, landed at St. Paul Downtown Airport (STP) carrying Special Olympic athletes and delegation members, signaling the start of Airlift arrivals for the Special Olympics USA Games. The arrival signals the start of the world’s largest cumulative peacetime airlift spanning more than 40 years, a coordinated aviation effort organized by Textron Aviation, a Textron Inc. (NYSE: TXT) company, that transports hundreds of Special Olympics athletes and coaches from multiple states to compete on the national stage. Throughout the day, approximately 130 aircraft will arrive at STP in a carefully orchestrated operation with aircraft landing every three to four minutes. “The arrival of Dove 1 is always a powerful moment,” said Ron Draper, president and CEO, Textron Aviation. “It represents months of planning, the generosity of the aviation community and most importantly, the excitement and anticipation of athletes arriving ready to compete.” Giving Back Through Flight The Special Olympics Airlift mobilizes volunteer pilots and aircraft from across the country who donate their time and resources in support of the Airlift. Now in its ninth year, the initiative has transported over 10,000 athletes and coaches to Special Olympics events, giving them a first-class experience ahead of the competition. Pilots, crew members and ground teams launched departures Friday morning from 26 locations nationwide including Grand Rapids, Houston, Nashville, Orlando, Phoenix and Washington, D.C., each hosting sendoff celebrations as local communities bid farewell to their Special Olympics delegations traveling to Minnesota for the Special Olympics USA Games. “This is one of the most meaningful missions we fly,” said Chris Clawson, Dove 1 Pilot, Prent Corporation. “The Airlift brings together aviation and purpose in a way that creates unforgettable experiences for these athletes and reminds all of us we’re part of something much bigger than ourselves.” Throughout the day, additional Doves will continue arriving at STP, with athletes greeted by volunteers and Special Olympics representatives before traveling onward to the Games. The carefully choreographed operation relies on collaboration among pilots, air traffic controllers, airport authorities, volunteers and Special Olympics staff. With total roundtrip miles expected to reach almost 300,000 nm, and coordinated arrivals spanning hours of precision planning, the 2026 Airlift will once again demonstrate the scale, reliability and generosity of the aviation community. Athletes in the Air For many athletes, the Airlift marks their first time flying and serves as a defining moment in their journey to the Special Olympics USA Games. The Airlift ensures athletes arrive ready to compete, while also delivering an experience that celebrates their achievements before the competition begins. “Traveling to Minnesota and taking part in the 2026 USA Games is an opportunity to climb higher,” said Emmanuel Benitez, Special Olympics Indiana, flag football athlete. “USA Games is a reason to train harder and expect the unexpected.” All-Stars for Athletes The 2026 Special Olympics Airlift is supported by high-profile advocates and ambassadors who share a commitment to inclusion and community. “The Special Olympics Airlift represents the best of teamwork, leadership and heart,” said Peyton Manning, Honorary Chair, Special Olympics Airlift. “It’s amazing to see so many people come together to make sure these athletes get the opportunity they deserve to shine on a national stage.” “These athletes have trained so hard for this, so it’s pretty special to see the aviation community come together to help them get there,” said Dierks Bentley, Ambassador, Special Olympics Airlift. “When you see that kind of grit, you want to do whatever you can to support it. I'm honored to be a small part of it.” For updates and behind-the-scenes coverage of this week’s events, visit https://airlift.txtav.com/. About Textron Aviation We inspire the journey of flight. For more than 95 years, Textron Aviation Inc., a Textron Inc. company, has empowered our collective talent across the Beechcraft, Cessna and Hawker brands to design and deliver the best aviation experience for our customers. With a range that includes everything from business jets, turboprops, and high-performance pistons, to special mission, military trainer and defense products, Textron Aviation has the most versatile and comprehensive aviation product portfolio in the world and a workforce that has produced more than half of all general aviation aircraft worldwide. Customers in more than 170 countries rely on our legendary performance, reliability and versatility, along with our trusted global customer service network, for affordable and flexible flight. For more information, visit www.txtav.com. About Special Olympics USA Games The 2026 Special Olympics USA Games—scheduled for June 20-26, 2026, across Minnesota’s Twin Cities with sports competitions at the University of Minnesota and the National Sports Center in Blaine—is a national celebration of inclusivity, changing perceptions and the ability of the human spirit rising above limitations. The USA Games, with co-presenting partners Jersey Mike’s Subs and United Healthcare, will be one of the biggest U.S. sporting events of the year, drawing tens of thousands of fans to celebrate the ability of over 3,000 incredible athletes from all 50 states as they compete in 16 Olympic-type team and individual sports. As a state with a long history of championing diversity, equity and inclusion, the USA Games now bring an unrivaled opportunity to spark new energy around the Special Olympics movement and create a lasting legacy of positive change. About Textron Inc. Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, and Textron Systems. For more information, visit: www.textron.com. |
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2026-06-12 15:28
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2026-04-30 07:36
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Textron to Separate Industrial Arm in Shift to Aerospace Focus | FMP Stock News | |
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The Providence, R.I., company said Thursday it will explore options for the industrial unit, including a potential sale or tax-free spinoff into a publicly traded company. |
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2026-06-12 15:28
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2026-04-30 08:41
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Textron (TXT) Q1 Earnings and Revenues Beat Estimates | FMP Stock News | |
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Textron (TXT - Free Report) came out with quarterly earnings of $1.45 per share, beating the Zacks Consensus Estimate of $1.3 per share. This compares to earnings of $1.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +11.32%. A quarter ago, it was expected that this maker of Cessna small planes and Bell helicopters would post earnings of $1.74 per share when it actually produced earnings of $1.73, delivering a surprise of -0.57%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Textron, which belongs to the Zacks Aerospace - Defense industry, posted revenues of $3.7 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 5.36%. This compares to year-ago revenues of $3.31 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Textron shares have added about 3% since the beginning of the year versus the S&P 500's gain of 4.2%. What's Next for Textron?While Textron has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Textron was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.56 on $3.8 billion in revenues for the coming quarter and $6.55 on $15.49 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Aerospace - Defense is currently in the top 32% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Firefly Aerospace (FLY - Free Report) , another stock in the same industry, has yet to report results for the quarter ended March 2026. The results are expected to be released on May 4. This space and defense technology company is expected to post quarterly loss of $0.50 per share in its upcoming report, which represents a year-over-year change of +69.7%. The consensus EPS estimate for the quarter has been revised 1% lower over the last 30 days to the current level. Firefly Aerospace's revenues are expected to be $73.82 million, up 32.2% from the year-ago quarter. |
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2026-06-12 15:28
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2026-04-30 10:30
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Textron (TXT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates | FMP Stock News | |
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For the quarter ended March 2026, Textron (TXT - Free Report) reported revenue of $3.7 billion, up 11.8% over the same period last year. EPS came in at $1.45, compared to $1.28 in the year-ago quarter.The reported revenue represents a surprise of +5.36% over the Zacks Consensus Estimate of $3.51 billion. With the consensus EPS estimate being $1.30, the EPS surprise was +11.32%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Textron performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenues- Manufacturing- Bell: $1.07 billion versus $1.04 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +8.9% change.Revenues- Manufacturing- Textron systems: $338 million compared to the $321.34 million average estimate based on two analysts. The reported number represents a change of +14.2% year over year.Revenues- Manufacturing- Textron Aviation: $1.49 billion versus $1.34 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +22.5% change.Revenues- Finance: $16 million compared to the $11.61 million average estimate based on two analysts. The reported number represents a change of 0% year over year.Revenues- Manufacturing: $3.68 billion versus the two-analyst average estimate of $3.5 billion. The reported number represents a year-over-year change of +11.8%.Revenues- Manufacturing- Industrial: $786 million compared to the $792.09 million average estimate based on two analysts. The reported number represents a change of -0.8% year over year.Segment Profit- Textron Aviation: $154 million versus the two-analyst average estimate of $137.49 million.Segment Profit- Bell: $72 million versus the two-analyst average estimate of $88.71 million.Segment Profit- Industrial: $40 million compared to the $34.85 million average estimate based on two analysts.Segment Profit- Finance: $12 million compared to the $4.65 million average estimate based on two analysts.Segment Profit- Manufacturing: $308 million versus the two-analyst average estimate of $300.82 million.Segment Profit- Textron Systems: $42 million versus $39.77 million estimated by two analysts on average.View all Key Company Metrics for Textron here>>> Shares of Textron have returned +1% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term. |
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2026-06-12 15:28
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2026-04-30 13:47
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Why Textron Stock Just Popped | FMP Stock News | |
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Textron (TXT 0.87%) stock jumped 4.9% through 1:20 p.m. ET Thursday after beating on top and bottom lines in its Q1 earnings report.Analysts had forecast the defense contractor would earn $1.32 per share on quarterly sales of $3.5 billion. Textron actually earned $1.45 per share, pro forma, on $3.7 billion in sales. And that wasn't even Textron's biggest news. Image source: Getty Images. Textron Q1 earnings Textron's sales grew 12% year over year in Q1, while pro forma earnings climbed 13%. (Actual earnings calculated under generally accepted accounting principles (GAAP) were only $1.25 per share, but still up 11%.) The weakest performance in the quarter came from Textron's Industrial business, which builds such things as golf carts and specialized commercial vehicles; there, sales declined 1%. Which brings us to the big news: Textron is dumping Industrial. Today's Change ( -0.87 %) $ -0.81 Current Price $ 92.92 What's next for Textron stock Compared to strong growth in Textron's Bell Helicopter and Aviation divisions and "excellent execution" at Textron Systems, the $3 billion Industrial unit is looking like a laggard. To focus on its core business, Textron plans to sell or spin off Industrial and become a pure-play aerospace and defense company -- building helicopters at Bell, Beechcraft and Cessnas at Aviation, and military vehicles at Systems. "New Textron" (I'm assuming that's a working title) will boast a $19 billion backlog of contracts and $12 billion in annual revenue. With Bell growing sales at 9% in Q1, Systems up 13%, and Aviation up a stellar 22%, Textron will likely enjoy a significant growth spurt after unloading Industrial. These three divisions also happen to provide Textron its strongest profit margins on sales. If all goes as planned, this should be great news for Textron. Investors are right to applaud it today. Rich Smith has no position in any of the stocks mentioned. The Motley Fool recommends Textron. The Motley Fool has a disclosure policy. |
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2026-06-12 15:28
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2026-04-30 13:51
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Textron Inc. (TXT) Q1 2026 Earnings Call Transcript | FMP Stock News | |
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Textron Inc. (TXT) Q1 2026 Earnings Call Transcript |
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2026-06-12 15:28
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2026-04-30 15:16
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Textron Q1 Earnings Surpass Estimates, Revenues Increase Y/Y | FMP Stock News | |
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Key Takeaways Textron posted Q1 EPS of $1.45, topping estimates and rising 13.3% year over year.TXT revenues climbed 11.8% to $3.7B, driven by higher jet and turboprop volumes.Textron Aviation and Bell saw growth, with strong backlogs of $8B and $7.6B, respectively. Textron Inc. (TXT - Free Report) reported first-quarter 2026 adjusted earnings of $1.45 per share, which surpassed the Zacks Consensus Estimate of $1.30 by 11.3%. The bottom line also rose 13.3% from $1.28 in the year-ago quarter.The company reported GAAP earnings of $1.25 per share compared with $1.13 a year ago. TXT’s RevenuesThe company reported total revenues of $3.7 billion, which beat the Zacks Consensus Estimate of $3.51 billion by 5.4%. The top line also increased 11.8% from the year-ago quarter’s level of $3.31 billion. Segmental Performance of TextronTextron Aviation: Revenues from this segment increased 22% year over year to $1.49 billion. This was primarily due to higher volume and mix, largely reflecting higher Citation jet and commercial turboprop volume. The segment delivered 37 jets, up from 31 in the year-ago quarter. It also delivered 35 commercial turboprops, up from 30 in the first quarter of 2025. Order backlog at the end of the quarter totaled $8 billion. Bell: Revenues from this segment amounted to $1.07 billion, up 9% from the year-ago quarter’s registered number. This was driven by higher military revenues, largely due to higher volume on the MV-75 Cheyenne program, partially offset by lower volume on V-22 production and on military sustainment programs. Bell delivered 20 commercial helicopters, down from 29 in last year's first quarter. Its order backlog at the end of the quarter totaled $7.6 billion. Textron Systems: This segment’s revenues amounted to $338 million, up $39 million from the prior-year level. Textron Systems’ backlog at the end of the quarter totaled $3.6 billion. Industrial: Revenues from this segment declined $6 million to $786 million. Finance: This segment’s revenues amounted to $16 million flat year over year. Effective Jan. 4, 2026, Textron dissolved its standalone eAviation segment and redistributed its operations across other segments. Most of the business, including Pipistrel, was integrated into Textron Aviation to better leverage its development, manufacturing and sales capabilities. Military-related manned and unmanned products and their R&D were moved to Textron Systems to align with its customer base, while certain R&D activities with broader applications, such as digital flight control and air vehicle management systems, were shifted to corporate expenses. Textron’s FinancialsAs of April 4, 2026, cash and cash equivalents totaled $1.51 billion compared with $1.94 billion as of Jan. 3, 2026. Net cash used in operating activities during the first three months of 2026 amounted to $107 million compared with $114 million in the year-ago quarter. Capital expenditures amounted to $133 million in the first quarter compared with $56 million in the year-ago quarter. The long-term debt totaled $3.11 billion as of April 4, 2026, compared with $3.53 billion as of Jan. 3, 2026. TXT’s GuidanceThe company expects 2026 adjusted earnings to be in the range of $6.40-$6.60 per share. The Zacks Consensus Estimate for earnings is pegged at $6.55 per share, which lies above the company’s guided range. TXT’s Zacks RankTextron currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Recent Defense ReleaseRTX Corporation’s (RTX - Free Report) first-quarter 2026 adjusted earnings per share (EPS) of $1.78 beat the Zacks Consensus Estimate of $1.52 by 17%. The bottom line improved 21.1% from the year-ago quarter’s level of $1.47. RTX’s quarterly revenues came in at $22.08 billion, up 8.7% from $20.31 billion in the year-ago period. Sales also beat the consensus mark of $21.56 billion by 2.43%. The Boeing Company (BA - Free Report) incurred an adjusted loss of 20 cents per share in the first quarter of 2026, narrower than the Zacks Consensus Estimate of a loss of 95 cents. The bottom line improved from the year-ago quarter’s reported loss of 49 cents per share. BA’s revenues amounted to $22.22 billion, which outpaced the Zacks Consensus Estimate of $21.87 billion by 3.5%. The top line also surged 14% from the year-ago quarter’s reported figure of $19.5 billion. Northrop Grumman Corporation (NOC - Free Report) reported first-quarter 2026 adjusted earnings of $6.14 per share, which beat the Zacks Consensus Estimate of $6.08 by 1%. The bottom line also improved 1.3% from the year-ago quarter’s level of $6.06. NOC’s total sales of $9.88 billion in the first quarter beat the Zacks Consensus Estimate of $9.79 billion by 1%. The top line also improved 4.4% from $9.47 billion reported in the year-ago quarter. |
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2026-06-12 15:28
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2026-05-05 08:00
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Fleet Launch Customer NetJets Takes Delivery of First Three Cessna Citation Ascend Midsize Business Jets | FMP Stock News | |
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WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, achieved a major milestone as the first three Cessna Citation Ascend business jets were delivered to fleet launch customer NetJets. NetJets, which operates the world's largest, most diverse private jet fleet, is the first private fleet operator to take delivery and begin operations with the Cessna Citation Ascend. Setting new standards in performance, comfort and operational efficiency for the midsize busi. |
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2026-06-12 15:28
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Textron Aviation Opens New Melbourne Service Facility at Essendon Fields Airport, Expanding Support for Cessna, Beechcraft and Hawker Customers in APAC | FMP Stock News | |
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WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation Inc. announced its new service facility at Essendon Fields Airport in Melbourne is now open for customers. |
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2026-06-12 15:28
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2026-05-07 10:40
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Here's Why Textron (TXT) is a Strong Value Stock | FMP Stock News | |
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Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service. |
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2026-06-12 15:28
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2026-05-15 20:03
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Is Textron Inc (TXT) a Bargain After 3.0% Drop? GF Value Says Undervalued | FMP Stock News | |
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On May 15, 2026, Textron Inc (TXT) shares fell 3.0% today to a current price of $89.02. The stock has traded between $72.00 and $101.57 over the past 52 weeks, |
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2026-06-12 15:28
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2026-05-21 10:50
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Why Textron (TXT) is a Top Momentum Stock for the Long-Term | FMP Stock News | |
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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days. Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on. The Style Scores are broken down into four categories: Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks. Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time. Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks. VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum. How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio. Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.7% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day. But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from. That's where the Style Scores come in. To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible. As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy. Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Textron (TXT - Free Report) Textron Inc., incorporated in 1923, is a global multi-industry company that manufactures aircraft, automotive engine components and industrial tools. It also offers solutions and services for aircraft, fastening systems, and industrial products and components. Its products include commercial and military helicopters, light- and mid-size business jets, plastic fuel tanks, automotive trim products, golf carts and utility vehicles, turf-car equipment, industrial pumps and gears. It is a commercial finance company in select markets. Textron is known globally for its most recognizable and valuable brand names, such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, E-Z-GO and Greenlee. TXT is a #3 (Hold) on the Zacks Rank, with a VGM Score of A. Momentum investors should take note of this Aerospace stock. TXT has a Momentum Style Score of B, and shares are up 0.1% over the past four weeks. Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.07 to $6.60 per share. TXT boasts an average earnings surprise of +5.8%. With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, TXT should be on investors' short list. |
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Saved
2026-06-12 15:28
2mo ago
Published
2026-05-26 10:40
3mo ago
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Here's Why Textron (TXT) is a Strong Value Stock | FMP Stock News | |
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Original source text
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores. |
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