Textron Inc. (TXT)

NYSE: TXT · Real-Time Price · USD
76.85
+1.03 (1.36%)
At close: Dec 20, 2024, 4:00 PM
76.25
-0.60 (-0.78%)
After-hours: Dec 20, 2024, 4:16 PM EST
1.36%
Market Cap 14.26B
Revenue (ttm) 13.98B
Net Income (ttm) 881.00M
Shares Out 185.51M
EPS (ttm) 4.55
PE Ratio 16.84
Forward PE 12.89
Dividend $0.08 (0.10%)
Ex-Dividend Date Dec 13, 2024
Volume 1,381,451
Open 75.54
Previous Close 75.82
Day's Range 75.37 - 77.59
52-Week Range 75.37 - 97.34
Beta 1.25
Analysts Buy
Price Target 101.56 (+32.15%)
Earnings Date Jan 22, 2025

About TXT

Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates through six segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance. The Textron Aviation segment manufactures, sells, and services business jets, turboprop and piston engine aircraft, and military trainer and defense aircraft; and offers maintenance, inspection, and repair services, as well as sells commercial parts. The Bell segment supplies military and commercial helicopters, tiltrotor aircrafts, an... [Read more]

Sector Industrials
Founded 1923
Employees 35,000
Stock Exchange NYSE
Ticker Symbol TXT
Full Company Profile

Financial Performance

In 2023, Textron's revenue was $13.68 billion, an increase of 6.33% compared to the previous year's $12.87 billion. Earnings were $921.00 million, an increase of 6.97%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for TXT stock is "Buy." The 12-month stock price forecast is $101.56, which is an increase of 32.15% from the latest price.

Price Target
$101.56
(32.15% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Textron to Release Fourth Quarter Results on January 22, 2025

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) will release its fourth quarter 2024 financial results on Wednesday morning, January 22, 2025. Textron will also host a conference call at 8...

1 day ago - Business Wire

Textron weighs options for off-road vehicles business, pauses production

Textron is exploring strategic alternatives for its Powersports product line due to persistent weak demand, the Cessna jet maker said on Wednesday.

3 days ago - Reuters

Textron Stock Falls After Strike, I Still See Opportunities

Textron's stock has underperformed, gaining only 9.5% compared to the S&P 500's 53.6%, due to pressures in its Industrials business and a recent strike. EBITDA estimates for Textron have been revised ...

3 days ago - Seeking Alpha

History-Making Beechcraft T-6C Texan II Sale Supports the U.S.-Vietnam Comprehensive Strategic Partnership, Advances U.S. Interests in the Indo-Pacific Region

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation Defense today announced the arrival of five Beechcraft T-6C Texan II Integrated Training System (ITS) aircraft in support of the Vietnam Air Defense Ai...

25 days ago - Business Wire

Cessna SkyCourier Expands Global Reach With Two Aircraft Order From AIR Marshall Islands

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation, a Textron Inc. (NYSE:TXT) company, today announced a two-aircraft purchase agreement with AIR Marshall Islands Inc. (AMI) for its twin-engine, large-u...

4 weeks ago - Business Wire

Peruvian Air Force Receives Its First Aeromedical Evacuation-Equipped Beechcraft King Air 360CHW

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation today announced it delivered the first of two multi-mission Beechcraft King Air 360CHW aircraft to the Peruvian Air Force. The King Air 360CHW is cargo...

4 weeks ago - Business Wire

Textron Inc. (TXT) Q3 2024 Earnings Call Transcript

Textron Inc. (NYSE:TXT) Q3 2024 Earnings Conference Call October 24, 2024 8:00 AM ET Company Participants David Rosenberg - Vice President, Investor Relations Scott Donnelly - Chairman & Chief Execut...

2 months ago - Seeking Alpha

Textron lowers annual profit forecast on impact from Wichita strike

Cessna jet maker Textron lowered its annual profit forecast on Thursday, citing impact of the four-week strike by 5,000 workers at its Wichita plant.

2 months ago - Reuters

Textron Reports Third Quarter 2024 Results

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) today reported third quarter 2024 income from continuing operations of $1.18 per share, as compared to $1.35 per share in the third quarter ...

2 months ago - Business Wire

Textron Announces CFO Frank Connor Retirement Effective February 28, 2025

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE:TXT) today announced that Frank T. Connor, executive vice president and chief financial officer, has notified the Company that he intends to retir...

2 months ago - Business Wire

Textron Declares Quarterly Dividend

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...

2 months ago - Business Wire

Cessna Citation Ascend continues to progress through certification program, will deliver with latest update of Garmin G5000 avionics suite

LAS VEGAS--(BUSINESS WIRE)--Textron Aviation today announced the Cessna Citation Ascend continues to progress through its certification program and will be equipped with the latest enhancements to the...

2 months ago - Business Wire

Starlink High-Speed Internet Solution Now Available for Installation at Textron Aviation Service Centers for Beechcraft King Air B200/300 and Cessna Citation 560XL Series Aircraft

LAS VEGAS--(BUSINESS WIRE)--Textron Aviation announced Starlink high-speed internet for Beechcraft King Air B200 and B300 series and Cessna Citation 560XL series aircraft.

2 months ago - Business Wire

Textron Aviation Selects Gogo Galileo HDX for Factory Installation on Cessna Citation Longitude, Latitude and Ascend

Textron Aviation is the First Business Aviation OEM to Announce Production Use of Gogo Galileo HDX LAS VEGAS , Oct. 22, 2024 /PRNewswire/ --  (NBAA-BACE, booth 1601) – Gogo Business Aviation (NASDAQ: ...

Other symbols: GOGO
2 months ago - PRNewsWire

Textron Aviation Elevates Connectivity With Gogo Galileo HDX on Cessna Citation Longitude, Latitude and Ascend

LAS VEGAS--(BUSINESS WIRE)--Textron Aviation today announced its selection of Gogo Business Aviation's global Low-Earth-Orbit (LEO) solution, Gogo Galileo HDX, for factory installation on the Cessna C...

2 months ago - Business Wire

Cessna Citation CJ4 Gen3 Prototype Aircraft Takes Flight, Propelling the Program Into Advanced Testing

LAS VEGAS--(BUSINESS WIRE)--Textron Aviation today announced that its Cessna Citation CJ4 Gen3 prototype aircraft took to the skies for the first time in early October. The announcement of this milest...

2 months ago - Business Wire

Ryan Samples Announced as Launch Customer for Newly Introduced Cessna Citation CJ4 Gen3 Business Jet

LAS VEGAS--(BUSINESS WIRE)--Textron Aviation today announced longtime Cessna Citation customer Ryan Samples as the launch customer for its new Cessna Citation CJ4 Gen3 business jet, which the company ...

2 months ago - Business Wire

Textron Aviation Unveils Exclusive EvoX Upgrades: Comprehensive and Factory-Direct Modification Packages for Cessna Citation and Beechcraft King Air Customers

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation announced “EvoX,” specialized aftermarket upgrade packages designed for Cessna Citation and Beechcraft King Air customers.

2 months ago - Business Wire

Textron Fails To Impress, But Long-Term Growth Still Holds Promise

Textron's Q2 revenue grew by 3%, but missed estimates, while EPS beat expectations due to share repurchases, despite a decline in net income. Aviation and Bell segments showed strong performance, but ...

2 months ago - Seeking Alpha

Textron to Release Third Quarter Results on October 24, 2024

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) will release its third quarter 2024 financial results on Thursday morning, October 24, 2024. Textron will also host a conference call at 8:0...

3 months ago - Business Wire

Buying A Dollar For 60 Cents: Uncovering 3 Dividend Gems In An Expensive Market

The S&P 500's strong performance and high valuations make finding bargains challenging. Many stocks trade at elevated P/E ratios, complicating value-driven strategies. Despite a pricey market, I've fo...

Other symbols: BGCVX
3 months ago - Seeking Alpha

Textron: The Share Price Hasn't Reached Cruising Altitude, Maintain Buy

Textron's Aviation and Bell segments achieved decent revenue growth, up by 10% and 13% YoY, respectively, despite ongoing supply chain delays. Nonetheless, revenue in the industrial segment fell by 11...

3 months ago - Seeking Alpha

Jim Cramer reviews 10 stocks that perform well just after the start of a cutting cycle

CNBC's Jim Cramer on Thursday reviewed stocks that have historically performed well just after the Federal Reserve embarks on a cutting cycle and chose his favorites. Using data compiled by CNBC Pro, ...

3 months ago - CNBC

New Garmin G5000 Avionics Upgrade Now Available for Cessna Citation XLS Aircraft at Textron Aviation Service Centers

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation customers can now upgrade their Cessna Citation XLS+ and Citation XLS Gen2 aircraft with the Garmin G5000.

3 months ago - Business Wire