Petrus Trust Company LTA has reduced its hold in
Textron Inc., while
Amundi and
Great Lakes Advisors LLC have bought and grown their stakes respectively. Amid these various shifts, Textron has gained positive attention due to strong business jet demand and an upgrade by
UBS. Textron's growth in
Return on Capital Employed (ROCE) has been a lure to investors, making the company a strong value stock at the moment. Yet, firms like
State of Wyoming,
Advisors Asset Management Inc., and
AQR Capital Management LLC have sold Textron shares. Textron's Q2 earnings surpassed estimates with
Goldman Sachs downgrading its stock to neutral. However, Textronβs shift towards
ProParts+ for Cessna Citation 525 Series in air aviation and its
New Partnership With The Royal Thai Air Force are both noteworthy. These factors, sum up well within a bearish rate of -2, illustrate how
88% institutional ownership is still maintained for Textron. It is yet to be seen whether Textron, with all its undertakings, will manage to outperform in the coming quarters.
Textron TXT News Analytics from Fri, 21 Feb 2025 08:00:00 GMT to Sat, 13 Sep 2025 21:29:13 GMT -
Rating -2
- Innovation -5
- Information 4
- Rumor -7