EPS for Textron Inc. (TXT) Expected At $0.68

June 13, 2018 - By Jane Hopkins

Textron Inc. (NYSE:TXT) LogoInvestors sentiment decreased to 0.83 in 2018 Q1. Its down 0.37, from 1.2 in 2017Q4. It turned negative, 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.
Point72 Asset Limited Partnership has 100,000 shares for 0.02% of their portfolio. State Bank Of America De owns 921,318 shares for 0.01% of their portfolio. Stone Ridge Asset Ltd Liability Corp has invested 0.11% of its portfolio in Textron Inc. (NYSE:TXT). Bnp Paribas Arbitrage invested in 0% or 44,988 shares. Ontario Teachers Pension Plan Board accumulated 9,538 shares or 0.01% of the stock. Natl Pension Ser reported 292,004 shares. Mitchell Cap accumulated 12,428 shares or 0.26% of the stock. Wesbanco State Bank stated it has 4,550 shares or 0.01% of all its holdings. Howe Rusling Inc accumulated 43 shares. Jacobs Levy Equity Mgmt accumulated 0.4% or 406,428 shares. Prudential Public Ltd reported 0.28% stake. 1832 Asset Management Limited Partnership has 0% invested in Textron Inc. (NYSE:TXT) for 17,300 shares. Neuberger Berman Gp Limited Co holds 0.26% of its portfolio in Textron Inc. (NYSE:TXT) for 3.81 million shares. Teachers Retirement System Of The State Of Kentucky holds 0.02% or 29,900 shares. California-based Utd Cap Financial Advisers Ltd Com has invested 0% in Textron Inc. (NYSE:TXT).

Since April 27, 2018, it had 0 buys, and 2 insider sales for $17.66 million activity. $12.62M worth of Textron Inc. (NYSE:TXT) was sold by DONNELLY SCOTT C.

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) on Monday, January 8 with “Buy” rating. Morgan Stanley maintained the shares of TXT in report on Thursday, April 12 with “Equal-Weight” rating. Stephens maintained it with “Hold” rating and $6600 target in Monday, April 16 report. As per Thursday, April 19, the company rating was maintained by Robert W. Baird. The rating was maintained by Stephens with “Hold” on Thursday, January 11. The stock of Textron Inc. (NYSE:TXT) earned “Buy” rating by Bank of America on Thursday, April 19. The firm has “Buy” rating by Wells Fargo given on Tuesday, January 16. Wells Fargo maintained it with “Buy” rating and $7200 target in Thursday, April 19 report. On Sunday, February 4 the stock rating was maintained by Jefferies with “Buy”. Barclays Capital maintained it with “Overweight” rating and $75 target in Thursday, April 19 report.

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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