As of July, 18 Analysts See $0.68 EPS for Textron Inc. (TXT)

June 27, 2018 - By Edith Ladford

Textron Inc. (NYSE:TXT) Corporate Logo
During 2018 Q1 the big money sentiment decreased to 0.83. That’s change of 0.37, from 2017Q4’s 1.2. 38 investors sold all, 145 reduced holdings as Textron Inc. ratio worsened. 109 rose holdings while 42 funds bought holdings. Funds hold 211.27 million shares thus 2.11% less from 2017Q4’s 215.83 million shares.
Webster Bancshares N A stated it has 0.04% of its capital in Textron Inc. (NYSE:TXT). Liberty Mutual Grp Incorporated Asset Mngmt Incorporated holds 0.02% of its capital in Textron Inc. (NYSE:TXT) for 10,550 shs. Moreover, First City Management Inc has 0.55% invested in Textron Inc. (NYSE:TXT) for 12,415 shs. Farmers Merchants Invs reported 133 shs. Mitchell Mgmt Company holds 12,428 shs. Salem Invest Counselors Inc holds 0.01% in Textron Inc. (NYSE:TXT) or 1,300 shs. 5,000 were reported by Horrell Mngmt Incorporated. Wells Fargo And Com Mn stated it has 0.01% of its capital in Textron Inc. (NYSE:TXT). 289,755 were reported by Prudential Fincl. Boston Partners owns 4.14 million shs. Moreover, Scout Invs has 0.76% invested in Textron Inc. (NYSE:TXT). Scopus Asset Management L P has 399,071 shs for 0.22% of their capital. Catalyst Advisors Ltd Limited Liability Company reported 0.52% stake. Zurcher Kantonalbank (Zurich Cantonalbank) owns 42,543 shs for 0.02% of their capital. Global X Mgmt Ltd Liability Corporation accumulated 0% or 3,350 shs.

Textron Inc. had 2 selling transactions and 0 insider purchases since April 27, 2018. This’s net activity of $17.66 million. Shares for $12.62M were sold by DONNELLY SCOTT C.

On July, 18 WallStreet awaited Textron Inc. (NYSE:TXT)’s earnings report, according to Faxor. Analysts have anticipation on stock’s earnings per share of $0.68. That’s up 13.33 % from last year’s $0.6 earnings per share. If reported the P/E will be 24.40 with $174.11M profit. Last quarter $0.72 earnings per share was reported. Analysts predicts -5.56 % negative EPS growth this quarter. TXT hit $66.38 during the last trading session after $0.39 change.Textron Inc. has volume of 629,824 shares. Since June 27, 2017 TXT has risen 38.18% and is uptrending. The stock outperformed the S&P 500 by 25.61%.

Textron Inc. (NYSE:TXT) Ratings Coverage

In total 8 analysts cover Textron Inc (NYSE:TXT). “Buy” rating has 6, “Sell” are 0, while 2 are “Hold”. (NYSE:TXT) has 75% bullish analysts. 13 are the (NYSE:TXT)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Thursday, April 19 Robert W. Baird maintained Textron Inc. (NYSE:TXT) rating. Robert W. Baird has “Outperform” rating and $72 target. On Sunday, February 4 the rating was maintained by Jefferies with “Buy”. In Thursday, April 19 report Barclays Capital maintained it with “Overweight” rating and $75 target. On Tuesday, January 16 Wells Fargo maintained the shares of TXT in report with “Buy” rating. The company rating was maintained by Jefferies on Monday, January 8. On Thursday, February 1 the company was upgraded by Morgan Stanley. On Thursday, April 19 the firm has “Buy” rating given by Bank of America. The stock rating was maintained by Stephens with “Hold” on Monday, April 16. The company rating was maintained by Stephens on Thursday, January 11. On Thursday, April 19 the firm has “Buy” rating given by Wells Fargo.

Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide.The firm is worth $17.00 billion. It operates through five divisions: Textron Aviation, Bell, Textron Systems, Industrial, and Finance.The P/E ratio is 58.02. The Textron Aviation segment makes and sells business jets, turboprop aircraft, piston engine aircraft, and military trainer and defense aircraft; and commercial parts, as well as provides maintenance, inspection, and repair services.

There’s an important Textron Inc. (NYSE:TXT) news published by It’s an item titled: “Report: Textron Aviation ending production of Cessna Citation X+” on June 26, 2018.

Textron Inc. (NYSE:TXT) Institutional Investors Chart

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