Textron Inc. (TXT) EPS Estimated At $0.68

June 13, 2018 - By Gloria Calhoun

Textron Inc. (NYSE:TXT) LogoInvestors sentiment decreased to 0.83 in 2018 Q1. Its down 0.37, from 1.2 in 2017Q4. It dropped, as 38 investors sold Textron Inc. shares while 145 reduced holdings. 42 funds opened positions while 109 raised stakes. 211.27 million shares or 2.11% less from 215.83 million shares in 2017Q4 were reported.
Toronto Dominion Commercial Bank has invested 0.02% in Textron Inc. (NYSE:TXT). Gradient Investments Ltd Liability Company invested in 600 shares. Factory Mutual Insurance Comm accumulated 128,300 shares or 0.08% of the stock. Hartford Fincl owns 400 shares or 0.01% of their US portfolio. Lsv Asset Management has 927,508 shares for 0.09% of their portfolio. 3.06 million are owned by Goldman Sachs Group. Riverhead Mgmt Limited Liability holds 22,480 shares or 0.06% of its portfolio. Commercial Bank Of Montreal Can accumulated 0.01% or 134,974 shares. Winslow Evans And Crocker, Massachusetts-based fund reported 168 shares. Manufacturers Life Insurance Commerce The has 222,513 shares. Cornerstone Advsr Inc has invested 0% in Textron Inc. (NYSE:TXT). Texas Permanent School Fund holds 0.05% or 67,637 shares in its portfolio. M&T State Bank Corp invested 0.01% of its portfolio in Textron Inc. (NYSE:TXT). Schwab Charles Invest Mgmt Inc reported 1.02 million shares. Japan-based Norinchukin Natl Bank The has invested 0.02% in Textron Inc. (NYSE:TXT).

Since April 27, 2018, it had 0 buys, and 2 insider sales for $17.66 million activity. Shares for $5.04M were sold by Connor Frank T on Friday, April 27.

Analysts expect Textron Inc. (NYSE:TXT) to report $0.68 EPS on July, 18.They anticipate $0.08 EPS change or 13.33 % from last quarter’s $0.6 EPS. TXT’s profit would be $174.11M giving it 24.93 P/E if the $0.68 EPS is correct. After having $0.72 EPS previously, Textron Inc.’s analysts see -5.56 % EPS growth. The stock decreased 0.43% or $0.29 during the last trading session, reaching $67.81. About 1.51M shares traded. Textron Inc. (NYSE:TXT) has risen 38.18% since June 14, 2017 and is uptrending. It has outperformed by 25.61% the S&P500.

Textron Inc. (NYSE:TXT) Ratings Coverage

Among 8 analysts covering Textron Inc (NYSE:TXT), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Textron Inc had 13 analyst reports since January 8, 2018 according to SRatingsIntel. Jefferies maintained Textron Inc. (NYSE:TXT) rating on Monday, January 8. Jefferies has “Buy” rating and $68.0 target. The firm has “Outperform” rating given on Thursday, April 19 by Robert W. Baird. The stock has “Equal-Weight” rating by Morgan Stanley on Thursday, April 12. The rating was maintained by Citigroup on Tuesday, April 10 with “Buy”. The stock has “Overweight” rating by Barclays Capital on Thursday, April 19. As per Tuesday, January 16, the company rating was maintained by Wells Fargo. Bank of America upgraded Textron Inc. (NYSE:TXT) on Thursday, April 19 to “Buy” rating. Stephens maintained Textron Inc. (NYSE:TXT) rating on Monday, April 16. Stephens has “Hold” rating and $6600 target. As per Thursday, February 1, the company rating was upgraded by Morgan Stanley. On Sunday, February 4 the stock rating was maintained by Jefferies with “Buy”.

Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. The company has market cap of $17.36 billion. It operates through five divisions: Textron Aviation, Bell, Textron Systems, Industrial, and Finance. It has a 59.27 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.

Textron Inc. (NYSE:TXT) Institutional Positions Chart

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