Brandes Investment Partners Adds $10M in Textron Inc. ($TXT)
Brandes Investment Partners added to its Textron Inc. holdings, reflecting a 3.86% increase.
Key Points
- Brandes Investment Partners increased its position in Textron Inc. by 105,706 shares, bringing its total to 2,840,753 shares as of the latest filing.
- Textron Inc. shares traded at $92.82 with a market cap of $16.14 billion and a P/E ratio of 17.71.
- Analysts have set a mean price target of $103.45 for Textron Inc., with recent insider transactions showing mixed buying and selling activity.
Brandes Investment Partners has boosted its stake in Textron Inc. (NYSE: TXT) by 105,706 shares, according to a recent SEC filing. The move brings Brandes' total holdings to 2,840,753 shares, valued at approximately $263.68 million as of the reporting period.
What Changed in Brandes Investment Partners' Textron Inc. Position
Brandes Investment Partners increased its investment in Textron Inc. by 105,706 shares, a 3.86% rise from its previous holding of 2,735,047 shares. As of the latest filing, the firm holds 2,840,753 shares, reflecting a significant commitment to the aerospace and defense company.
Other Institutional Activity in Textron Inc.
Several other institutional investors have also adjusted their positions in Textron Inc. BlackRock, Inc. slightly reduced its holdings by 163,307 shares, ending with 15,658,078 shares valued at about $1.37 billion. FMR LLC significantly increased its position by 2,720,111 shares, now holding 11,402,382 shares worth approximately $998.39 million. State Street Corp added 279,974 shares, bringing its total to 9,744,298 shares valued at $853.40 million. Meanwhile, Invesco Ltd. trimmed its holdings by 30,989 shares, resulting in a total of 8,010,953 shares valued at $701.44 million.
Textron Inc. Stock Snapshot
Shares of Textron Inc. (NYSE: TXT) recently traded at $92.82. The company has a market capitalization of $16.14 billion and a P/E ratio of 17.71, with a forward P/E of 12.72. Textron's stock has a 52-week range between $75.80 and $101.57. The 50-day moving average is $91.05, while the 200-day moving average stands at $88.32. The company maintains a current ratio of 1.85 and a quick ratio of 0.66, with a debt-to-equity ratio of 52.67.
Recent Earnings
Textron Inc. reported revenue of $15.19 billion, with a revenue growth of 11.8%. The company's net margin is 6.15%, and return on equity (ROE) is 12.25%. Earnings per share (EPS) stand at $5.24. The next earnings report is expected on July 23, 2026.
Dividend
Textron Inc. offers an annual dividend rate of $0.08, yielding 0.09%. The dividend payout ratio is a modest 1.53%, indicating a conservative approach to dividend distribution.
Insider Buying and Selling at Textron Inc.
Recent insider activity at Textron Inc. includes several transactions. On May 6, 2026, Kerry Clark sold 2,517 shares at an average price of $93.09. Earlier, on May 1, 2026, Thomas Kennedy purchased 10,300 shares at an average price of $95.98. Other insiders, including Maria Cristina Mendez Echevarria, Robert Mionis, and Richard Ambrose, all acquired 2,061 shares each on April 29, 2026, though these transactions were recorded at a price of $0.00.
Analysts Set New Price Targets
On May 4, 2026, JP Morgan maintained its "hold" rating on Textron Inc., setting a price target of $105.00. UBS also maintained a "hold" rating with a $100.00 target on the same day. Citigroup, on April 2, 2026, kept its "hold" rating with a price target of $99.00. The consensus among 16 analysts is a mean price target of $103.45.
About Textron Inc.
Textron Inc., headquartered in Providence, Rhode Island, operates in the industrial, aerospace, and defense sectors. The company manufactures a range of products, including business jets, helicopters, and unmanned aircraft systems. It also provides finance services related to its aviation products. Textron is led by CEO Lisa M. Atherton and employs approximately 34,000 people globally.
Bottom Line
Brandes Investment Partners' increased stake in Textron Inc. indicates confidence in the company's future prospects. Investors often track these filings to gauge institutional sentiment, but it's important to remember that 13F filings are backward-looking and may not reflect current positions. Textron's diverse operations and recent analyst ratings make it a company to watch in the aerospace and defense industry.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
