As of July, 18 The EPS for Textron Inc. (TXT) Expected At $0.68

June 27, 2018 - By Michael Higginson

Textron Inc. (NYSE:TXT) Corporate Logo
Big Money Sentiment decreased to 0.83 in 2018 Q1. It has change of 0.37, from 2017Q4’s 1.2. The ratio dived due to Textron Inc. positioning: 38 sold and 145 reduced. 42 funds amassed stakes and 109 increased stakes. Investors holded 215.83 million in 2017Q4 but now own 211.27 million shares or 2.11% less.
Amundi Pioneer Asset Mgmt Inc has invested 0.03% in Textron Inc. (NYSE:TXT). Connecticut-based Paloma Prns Co has invested 0.01% in Textron Inc. (NYSE:TXT). Cranbrook Wealth Mngmt Ltd Co reported 0.02% in Textron Inc. (NYSE:TXT). Arizona State Retirement System has invested 0.07% in Textron Inc. (NYSE:TXT). Moreover, Gam Holdg Ag has 0.03% invested in Textron Inc. (NYSE:TXT) for 16,715 shs. Utah Retirement, Utah-based fund reported 49,359 shs. D E Shaw Incorporated holds 214,701 shs or 0.02% of its capital. Massachusetts-based Contravisory Invest Mgmt has invested 0.14% in Textron Inc. (NYSE:TXT). Gabelli Funds Limited Liability Corporation owns 1.20M shs. Vigilant Capital Mngmt Ltd Liability Corporation has 0.01% invested in Textron Inc. (NYSE:TXT). Madison stated it has 377,100 shs or 0.4% of all its holdings. Kentucky Retirement reported 13,661 shs stake. Washington Trust stated it has 0.01% of its capital in Textron Inc. (NYSE:TXT). Primecap Management Comm Ca holds 4.56 million shs or 0.2% of its capital. Teachers Retirement System Of The State Of Kentucky reported 0.02% stake.

Textron Inc. registered $17.66 million net activity with 0 insider purchases and 2 sales since April 27, 2018. 80,000 shs valued at $5.04M were sold by Connor Frank T on Friday, April 27.

Earnings report for Textron Inc. (NYSE:TXT) is anticipated on July, 18., as reported by RTT. Analysts predict $0.68 earnings per share, which is $0.08 up or 13.33 % from 2017’s $0.6 earnings per share. In case of $0.68 earnings per share TXT’s profit could be $174.11M. After $0.72 earnings per share was reported last quarter, analysts now see negative EPS growth of -5.56 % for Textron Inc.. TXT reached $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. TXT outperformed the S&P 500 by 25.61%.

Textron Inc. (NYSE:TXT) Ratings Coverage

A total of 8 analysts rate Textron Inc (NYSE:TXT) as follows: 6 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 75% are bullish. (NYSE:TXT) has 13 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Thursday, April 19 Robert W. Baird maintained Textron Inc. (NYSE:TXT) with “Outperform” rating. In Thursday, February 1 report Morgan Stanley upgraded the stock to “Equal-Weight” rating. In Sunday, February 4 report Jefferies maintained it with “Buy” rating and $74.0 target. On Monday, January 8 Jefferies maintained Textron Inc. (NYSE:TXT) rating. Jefferies has “Buy” rating and $68.0 target. On Tuesday, April 10 the rating was maintained by Citigroup with “Buy”. On Thursday, January 11 the stock of Textron Inc. (NYSE:TXT) earned “Hold” rating by Stephens. On Thursday, April 19 the stock of Textron Inc. (NYSE:TXT) earned “Overweight” rating by Barclays Capital. On Tuesday, January 16 the firm has “Buy” rating by Wells Fargo given. On Thursday, April 19 the rating was upgraded by Bank of America to “Buy”. On Thursday, April 12 Morgan Stanley maintained the shares of TXT in report with “Equal-Weight” rating.

Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide.The company has $17.00 billion market cap. It operates through five divisions: Textron Aviation, Bell, Textron Systems, Industrial, and Finance.58.02 is the P/E ratio. 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 a substantial Textron Inc. (NYSE:TXT) news brought out by Bizjournals.com. It’s a report 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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