Textron Inc. (TXT) EPS Estimated At $0.76

September 25, 2018 - By Megan Stone

Textron Inc. (NYSE:TXT) LogoInvestors sentiment increased to 1.01 in Q2 2018. Its up 0.18, from 0.83 in 2018Q1. It increased, as 22 investors sold Textron Inc. shares while 149 reduced holdings. 66 funds opened positions while 106 raised stakes. 204.61 million shares or 3.15% less from 211.27 million shares in 2018Q1 were reported.
Ubs Asset Mgmt Americas Incorporated invested in 535,008 shares. Mrj has 83,497 shares. Mark Sheptoff Planning Limited Com owns 150 shares. Hsbc Hldgs Public Lc has 71,498 shares for 0.01% of their portfolio. Mackay Shields Ltd Liability Corporation invested 0.04% of its portfolio in Textron Inc. (NYSE:TXT). Lmr Prtn Llp, a United Kingdom-based fund reported 5,741 shares. Piedmont Inv Advsr holds 0.01% in Textron Inc. (NYSE:TXT) or 2,983 shares. Sg Americas Securities Ltd Limited Liability Company has invested 0.02% in Textron Inc. (NYSE:TXT). Wolverine Asset Ltd Com stated it has 0.07% of its portfolio in Textron Inc. (NYSE:TXT). Pub Employees Retirement Association Of Colorado, Colorado-based fund reported 45,260 shares. Richard Bernstein Advsrs Ltd Liability Corp accumulated 0.17% or 79,319 shares. Qci Asset Management Incorporated, a New York-based fund reported 2,230 shares. Northern Tru Corporation stated it has 0.04% in Textron Inc. (NYSE:TXT). Ontario – Canada-based Td Asset Mgmt has invested 0.06% in Textron Inc. (NYSE:TXT). First Manhattan Co reported 0% stake.

Since April 27, 2018, it had 0 insider purchases, and 3 insider sales for $20.69 million activity. 45,000 shares valued at $3.04M were sold by Lupone E Robert on Monday, July 30. On Friday, April 27 DONNELLY SCOTT C sold $12.62 million worth of Textron Inc. (NYSE:TXT) or 200,400 shares.

Analysts expect Textron Inc. (NYSE:TXT) to report $0.76 EPS on October, 18.They anticipate $0.11 EPS change or 16.92 % from last quarter’s $0.65 EPS. TXT’s profit would be $188.80M giving it 23.47 P/E if the $0.76 EPS is correct. After having $0.87 EPS previously, Textron Inc.’s analysts see -12.64 % EPS growth. The stock decreased 0.64% or $0.46 during the last trading session, reaching $71.36. About 851,063 shares traded. Textron Inc. (NYSE:TXT) has risen 33.07% since September 25, 2017 and is uptrending. It has outperformed by 17.45% the S&P500.

Textron Inc. (NYSE:TXT) Ratings Coverage

Among 8 analysts covering Textron (NYSE:TXT), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Textron had 11 analyst reports since March 29, 2018 according to SRatingsIntel. As per Monday, July 23, the company rating was maintained by JP Morgan. Morgan Stanley maintained the shares of TXT in report on Thursday, April 12 with “Equal-Weight” rating. Bank of America maintained the stock with “Buy” rating in Wednesday, July 25 report. The rating was maintained by Wells Fargo with “Buy” on Thursday, April 19. The firm has “Buy” rating given on Thursday, April 19 by Bank of America. Stephens maintained it with “Hold” rating and $6600 target in Monday, April 16 report. Citigroup maintained Textron Inc. (NYSE:TXT) on Tuesday, April 10 with “Buy” rating. The firm earned “Overweight” rating on Thursday, April 19 by Barclays Capital. The stock of Textron Inc. (NYSE:TXT) earned “Equal-Weight” rating by Morgan Stanley on Thursday, July 12. The rating was maintained by Robert W. Baird with “Outperform” on Thursday, April 19.

Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. The company has market cap of $17.73 billion. It operates through five divisions: Textron Aviation, Bell, Textron Systems, Industrial, and Finance. It has a 40.36 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.

More news for Textron Inc. (NYSE:TXT) were recently published by: Bizjournals.com, which released: “Textron Aviation confident in future of Cessna Citation Hemisphere” on September 24, 2018. Fool.com‘s article titled: “Here Are the Big Winners in the 2019 Defense Budget” and published on September 22, 2018 is yet another important article.

Textron Inc. (NYSE:TXT) Institutional Positions Chart

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