<div id="readability-page-1"><p>ING Groep NV lifted its stake in shares of  Textron Inc. (NYSE:TXT - Free Report) by 175.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor  owned 63,374 shares of the aerospace company's stock after buying an additional 40,336 shares during the quarter. ING Groep NV's holdings in Textron were worth $5,524,000 as of its most recent filing with the Securities and Exchange Commission.</p><ul><li>Discover 2 Under-the-Radar Aerospace Stocks Set for 2025 Growth</li></ul><p>A number of other hedge funds have also made changes to their positions in TXT. Activest Wealth Management lifted its stake in  Textron by 3,255.6% during the fourth quarter. Activest Wealth Management now owns 302 shares of the aerospace company's stock worth $26,000 after purchasing an additional 293 shares during the last quarter.  Elyxium Wealth LLC bought a new position in  Textron during the fourth quarter worth $30,000.  Accredited Wealth Management LLC lifted its stake in  Textron by 804.0% during the third quarter. Accredited Wealth Management LLC now owns 452 shares of the aerospace company's stock worth $38,000 after purchasing an additional 402 shares during the last quarter.  Assetmark Inc. lifted its stake in  Textron by 52.2% during the third quarter. Assetmark Inc. now owns 493 shares of the aerospace company's stock worth $42,000 after purchasing an additional 169 shares during the last quarter.  Finally, Optiver Holding B.V. bought a new position in  Textron during the third quarter worth $45,000. Institutional investors and hedge funds own  86.03% of the company's stock. </p><h2>Insiders Place Their Bets</h2><p>In related news, Director Thomas A. Kennedy bought 10,300 shares of the business's stock in a transaction on Friday, May 1st. The shares were bought at an average cost of $95.98 per share, for a total transaction of $988,594.00. Following the completion of the purchase, the director owned 20,162 shares of the company's stock, valued at $1,935,148.76. This represents a 104.44% increase in their position. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is accessible through the SEC website. Also, Director R Kerry Clark sold 2,517 shares of the firm's stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $93.09, for a total value of $234,307.53. Following the completion of the sale, the director owned 8,611 shares in the company, valued at $801,597.99. The trade was a 22.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own  1.90% of the company's stock. </p><h2>Textron Stock Performance</h2><ul><li>3 Stocks With Hot RSIs That Scream Further Gains</li></ul><p>TXT stock opened at $91.44 on Tuesday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.87 and a current ratio of 1.84. The stock has a market capitalization of $15.90 billion, a price-to-earnings ratio of 17.48, a PEG ratio of 1.36 and a beta of 0.91. Textron Inc. has a 1 year low of $75.75 and a 1 year high of $101.57. The stock's fifty day moving average is $90.52 and its two-hundred day moving average is $90.80. </p><p>Textron (NYSE:TXT - Get Free Report) last posted its earnings results on Thursday, April 30th. The aerospace company reported $1.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.30 by $0.15. The company had revenue of $3.70 billion for the quarter, compared to analysts' expectations of $3.50 billion. Textron had a return on equity of 14.56% and a net margin of 6.15%.The firm's quarterly revenue was up 11.8% compared to the same quarter last year. During the same period last year, the business posted $1.28 earnings per share. Textron has set its FY 2026 guidance at 6.400-6.600 EPS.  On average, research analysts predict that  Textron Inc. will post 6.6 EPS for the current year. </p><h2>Textron Dividend Announcement</h2><ul><li>What makes Textron a must-own aerospace stock for 2024?</li></ul><p>The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Friday, June 12th will be paid a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Friday, June 12th. Textron's dividend payout ratio (DPR) is presently 1.53%. </p><h2>Analyst Ratings Changes</h2><p>Several brokerages recently issued reports on TXT. Wells Fargo &amp; Company began coverage on Textron in a research note on Wednesday, April 1st. They set an &#34;equal weight&#34; rating and a $92.00 price objective on the stock. Weiss Ratings cut Textron from a &#34;buy (b-)&#34; rating to a &#34;hold (c+)&#34; rating in a research note on Wednesday, May 20th. JPMorgan Chase &amp; Co. raised their price objective on Textron from $90.00 to $105.00 and gave the stock a &#34;neutral&#34; rating in a research note on Monday, May 4th. Morgan Stanley  set a $109.00 price objective on Textron in a research note on Monday, May 4th. Finally, UBS Group raised their price objective on Textron from $99.00 to $100.00 and gave the stock a &#34;buy&#34; rating in a research note on Monday, May 4th. One equities research analyst  has rated the stock with a Strong Buy rating, four have given a Buy rating and eight have issued  a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of &#34;Hold&#34; and a consensus target price of $101.18.</p><p><b>View Our Latest Stock Analysis on Textron</b></p><h2>Textron Company Profile</h2> (Free Report)<p>Textron Inc is a global, multi-industry manufacturing company headquartered in Providence, Rhode Island. The company designs, manufactures and services a diverse range of products for the aerospace, defense and industrial markets. Textron operates through four primary business segments—Textron Aviation, Bell, Textron Systems and Industrial—each of which serves customers around the world.  </p><p>Textron Aviation is known for its Cessna and Beechcraft branded business jets and turboprop aircraft, offering models that range from light jets and turboprops to larger cabin aircraft designed for corporate and charter use.</p><h2>Read More</h2><ul><li>Five stocks we like better than Textron</li><li>3 Stocks With Fresh Catalysts to Watch Before the July 4</li><li>Amprius Insiders Are Selling: Should Investors Be Worried?</li><li>A Weaker Dollar Could Put These 3 Industrial Stocks Back in Focus</li><li>A Market Rotation Toward Quality Will Benefit These 3 ETFs</li></ul><p><strong>Want to see what other hedge funds are holding TXT?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Textron Inc. (NYSE:TXT - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRYVA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRYVA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Textron Right Now?</h2><p>Before you consider Textron, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Textron wasn't on the list.</p><p>While Textron currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>ING Groep NV increased its stake in Textron Inc. by 175.1% in Q4, holding 63,374 shares valued at $5.52 million. Other institutional investors like Activest Wealth Management also significantly boosted their positions. Insider activity included Director Thomas Kennedy buying ~$988k worth of shares and Director R Kerry Clark selling ~$234k. Textron recently reported strong Q1 earnings, beating estimates with $1.45 EPS on $3.70B revenue, and announced a quarterly dividend of $0.02 per share.</p>

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Textron Inc. $TXT Shares Acquired by ING Groep NV