icon
0%

Textron TXT - News Analyzed: 3,884 - Last Week: 100 - Last Month: 500

↑ Heavy Investment Activity Surrounding Textron TXT As Earnings Beat Estimates

Heavy Investment Activity Surrounding Textron TXT As Earnings Beat Estimates
CreativeOne Wealth LLC, Quadrature Capital Ltd, and Acadian Asset Management LLC, among others, have invested millions in Textron Inc. (NYSE:TXT). Q2 earnings have surpassed estimates, resulting in Textron's revenues rising. Multiple entities such as Bessemer Group Inc. and American International Group have sold their shares, while others like O Shaughnessy Asset Management LLC have increased their stakes. Despite these movements, Textron's Q2 revenue estimates fell short. Bank of America and Citigroup have increased their price target for Textron to $110.00 and $115.00 respectively. Cessna Citation Jets now feature enhanced features and T-6C Training Aircraft have received support from a new contract. Predictably, the Textron stocks have seen a lot of activity. Notably, Empowered Funds LLC purchased a substantial number of Textron shares. Price targets have been continually adjusted with the latest being $115.00, and Q1 2026 earnings estimates have been issued by Zacks Research.

Textron TXT News Analytics from Wed, 24 Jan 2024 08:00:00 GMT to Sun, 28 Jul 2024 18:42:22 GMT - Rating 7 - Innovation 4 - Information 8 - Rumor -3

The email address you have entered is invalid.