Textron (NYSE: TXT) has recently experienced a significant level of activity from institutional investors. Entities such as
Aigen Investment,
Bank of New York Mellon, and
U S Global Investors have recently made considerable investments in Textron stocks. However, organizations like
Victory Capital Management,
IFP Advisors, and
Oppenheimer Asset Management have reduced their holdings. The company reported
Q4 earnings, with mixed results and below-expected sales. Textron also declared a quarterly
dividend of $0.02. Textron is at a new 52-week low; however, the overall return for investors is notable, standing at 79% over the last five years.
Rob Mionis, Aerospace Industry Veteran, and Celestica CEO joined Textron's leadership team, while the CFO,
Frank Connor, announced his retirement. Other movements include Textron Aviation opening a new service facility at Essendon Fields Airport. The stock's overall performance in comparison with other Aerospace & Defense stocks is also momentous.
Textron TXT News Analytics from Wed, 17 Jul 2024 07:00:00 GMT to Sat, 08 Mar 2025 10:10:29 GMT -
Rating -3
- Innovation 6
- Information 5
- Rumor 1
