EPS for Textron Inc. (TXT) Expected At $0.68 as of July, 18

June 29, 2018 - By Lena Young

Textron Inc. (NYSE:TXT) Corporate Logo
During Q1 2018 the big money sentiment decreased to 0.83. That’s change of 0.37, from 2017Q4’s 1.2. 38 investors sold all, 145 reduced holdings as Textron Inc. ratio dived. 109 grew holdings while 42 funds bought holdings. Funds hold 211.27 million shares thus 2.11% less from 2017Q4’s 215.83 million shares.
Synovus Finance Corp accumulated 1,247 shs. Barclays Public Ltd stated it has 352,513 shs or 0.02% of all its holdings. Bank & Trust stated it has 6,737 shs. Franklin Street Nc accumulated 3,585 shs. Washington Trust accumulated 3,911 shs. Sumitomo Mitsui Asset Ltd holds 0.02% in Textron Inc. (NYSE:TXT) or 18,783 shs. Ny State Common Retirement Fund invested 0.04% of its capital in Textron Inc. (NYSE:TXT). 1.07 million were accumulated by Millennium Management Ltd Liability. M&T Financial Bank accumulated 29,182 shs or 0.01% of the stock. Webster Comml Bank N A owns 4,523 shs or 0.04% of their US capital. Marshall Wace Ltd Liability Partnership invested in 0.08% or 34,700 shs. Raymond James & Assoc reported 0.01% in Textron Inc. (NYSE:TXT). Jpmorgan Chase accumulated 0.01% or 494,120 shs. Baldwin Investment Lc invested 0.15% of its capital in Textron Inc. (NYSE:TXT). Captrust Fincl Advisors invested 0% in Textron Inc. (NYSE:TXT).

Textron Inc. had 2 selling transactions and 0 insider purchases since April 27, 2018. This’s net activity of $17.66 million. Connor Frank T sold $5.04M worth of stock or 80,000 shs.

Textron Inc. (NYSE:TXT)’s earnings report is anticipated on July, 18., as reported by RTT. Last year’s earnings per share was $0.6, while now analysts expect change of 13.33 % up from current $0.68 earnings per share. The profit will be $174.11M for TXT if $0.68 earnings per share becomes true. Last quarter $0.72 earnings per share was reported. Analysts predicts -5.56 % negative EPS growth this quarter. The stock increased 1.61% or $1.06 during the last trading session, hitting $66.77.Textron Inc. has volume of 232,687 shares. Since June 29, 2017 TXT has risen 38.18% and is uptrending. TXT outperformed by 25.61% the S&P500.

Textron Inc. (NYSE:TXT) Ratings Coverage

Total analysts of 8 have positions in Textron Inc (NYSE:TXT) as follows: 6 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 75%. Since January 8, 2018 according to StockzIntelligence Inc Textron Inc has 13 analyst reports. On Thursday, April 12 the rating was maintained by Morgan Stanley with “Equal-Weight”. On Thursday, January 11 the firm has “Hold” rating given by Stephens. The stock rating was maintained by Barclays Capital with “Overweight” on Thursday, April 19. In Tuesday, January 16 report Wells Fargo maintained it with “Buy” rating and $67.0 target. On Thursday, April 19 the rating was maintained by Robert W. Baird with “Outperform”. On Sunday, February 4 Jefferies maintained Textron Inc. (NYSE:TXT) with “Buy” rating. On Monday, April 16 the stock of Textron Inc. (NYSE:TXT) earned “Hold” rating by Stephens. On Thursday, February 1 the stock of Textron Inc. (NYSE:TXT) earned “Equal-Weight” rating by Morgan Stanley. On Thursday, April 19 the firm has “Buy” rating by Wells Fargo given. On Monday, January 8 the firm has “Buy” rating by Jefferies given.

Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide.The firm is worth $17.10 billion. It operates through five divisions: Textron Aviation, Bell, Textron Systems, Industrial, and Finance.The P/E ratio is 58.37. 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.

There’s a significant Textron Inc. (NYSE:TXT) news posted by Bizjournals.com. It’s an item titled: “Report: Textron Aviation ending production of Cessna Citation X+” on June 26, 2018.

Textron Inc. (NYSE:TXT) Institutional Investors Chart

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