Summary of Textron Inc. (NYSE:TXT) Ratings on May 17, 2018

May 17, 2018 - By Michael Lund

Textron Inc. (NYSE:TXT) Corporate Logo
Big Money Sentiment increased to 1.2 in 2017 Q4. It has change of 0.05, from 2017Q3’s 1.15. The ratio increased due to Textron Inc. positioning: 25 sold and 117 reduced. 41 funds amassed holdings and 129 increased holdings. Investors holded 214.52 million in 2017Q3 but now own 215.83 million shares or 0.61% more.
41,885 are held by Exxonmobil Inv Mgmt Inc Tx. Glenmede Na reported 7,377 shs. Employees Retirement Systems Of Ohio accumulated 113,563 shs. Century, a Missouri-based fund reported 3.85M shs. Korea Corporation, a Korea-based fund reported 19,608 shs. Guardian Investment holds 0.6% of its capital in Textron Inc. (NYSE:TXT) for 10,000 shs. Etrade Capital Mgmt Llc holds 0.02% or 10,805 shs in its capital. Nuwave Management Limited Com holds 0.09% of its capital in Textron Inc. (NYSE:TXT) for 1,292 shs. Hudock Ltd has 1,920 shs for 0.05% of their capital. Horrell Mngmt holds 0.15% or 5,000 shs in its capital. Goldman Sachs Grp reported 0.06% in Textron Inc. (NYSE:TXT). Moreover, Louisiana State Employees Retirement Sys has 0.04% invested in Textron Inc. (NYSE:TXT) for 15,900 shs. 1.06 million were accumulated by Schwab Charles Inv Management Inc. Moreover, Renaissance Techs Ltd Liability Company has 0.08% invested in Textron Inc. (NYSE:TXT). Raymond James & Assocs holds 0.01% or 137,020 shs in its capital.

Textron Inc. had 2 selling transactions and 0 insider buys since April 27, 2018. This’s net activity of $17.66 million. $5.04 million worth of Textron Inc. (NYSE:TXT) was sold by Connor Frank T on Friday, April 27.

Textron Inc. (NYSE:TXT) Ratings Coverage

In total 8 analysts cover Textron Inc (NYSE:TXT). “Buy” rating has 6, “Sell” are 0, while 2 are “Hold”. (NYSE:TXT) has 75% bullish analysts. 13 are the (NYSE:TXT)’s ratings reports on May 17, 2018 according to StockzIntelligence Inc. In Tuesday, January 16 report Wells Fargo maintained the stock with “Buy” rating. In Monday, April 16 report Stephens maintained it with “Hold” rating and $6600 target. On Thursday, April 19 Robert W. Baird maintained the shares of TXT in report with “Outperform” rating. On Tuesday, April 10 the rating was maintained by Citigroup with “Buy”. The stock rating was maintained by Stephens with “Hold” on Thursday, January 11. On Thursday, February 1 Morgan Stanley upgraded the shares of TXT in report to “Equal-Weight” rating. On Monday, January 8 Jefferies maintained the shares of TXT in report with “Buy” rating. On Thursday, April 19 the company was maintained by Wells Fargo. On Thursday, April 12 the company was maintained by Morgan Stanley. The stock rating was upgraded by Bank of America to “Buy” on Thursday, April 19. Listed here are Textron Inc. (NYSE:TXT) PTs and latest ratings.

19/04/2018 Broker: Wells Fargo Rating: Buy New Target: $72.0000 Maintain
19/04/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $70 New Target: $75 Maintain
19/04/2018 Broker: Robert W. Baird Old Rating: Outperform New Rating: Outperform Old Target: $68 New Target: $72 Maintain
19/04/2018 Broker: Bank of America Old Rating: Underperform New Rating: Buy Upgrade
16/04/2018 Broker: Stephens Rating: Hold New Target: $66.0000 Maintain
12/04/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $60 New Target: $59 Maintain
10/04/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $61 New Target: $67 Maintain
29/03/2018 Broker: Barclays Capital Rating: Overweight New Target: $70 Initiates Coverage On
04/02/2018 Broker: Jefferies Rating: Buy New Target: $74.0 Maintain
01/02/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Equal-Weight Old Target: $47 Upgrade

TXT hit $65.65 during the last trading session after $0.26 change.Textron Inc. has volume of 1.23M shares. Since May 17, 2017 TXT has risen 23.92% and is uptrending. TXT outperformed by 12.37% the S&P 500.

Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide.The firm is valued at $16.81 billion. It operates through five divisions: Textron Aviation, Bell, Textron Systems, Industrial, and Finance.The P/E ratio is 57.39. 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.

For more Textron Inc. (NYSE:TXT) news posted recently go to: Bizjournals.com, Seekingalpha.com, Gurufocus.com, Seekingalpha.com or Streetinsider.com. The titles are as follows: “DFW units of Lockheed Martin, Raytheon and more awarded millions by US government” posted on May 14, 2018, “Textron Inc 2018 Q1 – Results – Earnings Call Slides” on April 18, 2018, “Textron Inc (TXT) Chairman, President & CEO Scott C Donnelly Sold $12.6 million of Shares” with a publish date: May 02, 2018, “Buy On Weakness – Textron” and the last “Stephens Remains Sidelined on Textron (TXT) Following 1Q Survey” with publication date: May 14, 2018.

Textron Inc. (NYSE:TXT) Institutional Investors Chart

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