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

June 15, 2018 - By Margarite Burden

Textron Inc. (NYSE:TXT) LogoInvestors sentiment decreased to 0.83 in Q1 2018. 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.
Moreover, Mackay Shields Lc has 0.04% invested in Textron Inc. (NYSE:TXT). Geode Capital Llc holds 2.93 million shares or 0.06% of its portfolio. Stevens First Principles Inv Advsr has 0.29% invested in Textron Inc. (NYSE:TXT). Century Cos has 3.02M shares. California Employees Retirement Systems stated it has 666,443 shares. Goldman Sachs reported 0.05% in Textron Inc. (NYSE:TXT). First Interstate National Bank & Trust has 400 shares for 0.01% of their portfolio. Fil Limited accumulated 282,805 shares. Moreover, Amundi Pioneer Asset Management Inc has 0.03% invested in Textron Inc. (NYSE:TXT). Sun Life Fincl holds 0% or 70 shares. Bp Public Ltd Company owns 32,000 shares or 0.07% of their US portfolio. Northcoast Asset Lc accumulated 485,054 shares. Levin Capital Strategies L P holds 1.03M shares or 1.11% of its portfolio. D E Shaw & Communications invested in 214,701 shares or 0.02% of the stock. Art Advsr Limited Com owns 23,100 shares.

Since April 27, 2018, it had 0 insider buys, and 2 sales for $17.66 million activity. Connor Frank T had sold 80,000 shares worth $5.04M 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 24.81 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 0.44% or $0.3 during the last trading session, reaching $67.49. About 1.58 million shares traded. Textron Inc. (NYSE:TXT) has risen 38.18% since June 15, 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 Sunday, February 4 with “Buy” rating. As per Thursday, April 19, the company rating was upgraded by Bank of America. The firm has “Buy” rating by Wells Fargo given on Thursday, April 19. The company was maintained on Tuesday, January 16 by Wells Fargo. Citigroup maintained Textron Inc. (NYSE:TXT) on Tuesday, April 10 with “Buy” rating. Jefferies maintained it with “Buy” rating and $68.0 target in Monday, January 8 report. The rating was maintained by Stephens on Monday, April 16 with “Hold”. The rating was upgraded by Morgan Stanley to “Equal-Weight” on Thursday, February 1. Morgan Stanley maintained Textron Inc. (NYSE:TXT) rating on Thursday, April 12. Morgan Stanley has “Equal-Weight” rating and $59 target. 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 $17.28 billion. It operates through five divisions: Textron Aviation, Bell, Textron Systems, Industrial, and Finance. It has a 58.99 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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