<div id="readability-page-1"><p>iSAM Funds UK Ltd acquired a new stake in shares of  Textron Inc. (NYSE:TXT - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 18,000 shares of the aerospace company's stock, valued at approximately $1,445,000.</p><ul><li>Discover 2 Under-the-Radar Aerospace Stocks Set for 2025 Growth</li></ul><p>Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AXA S.A. lifted its holdings in  Textron by 9.9% during the second quarter. AXA S.A. now owns 52,553 shares of the aerospace company's stock valued at $4,219,000 after purchasing an additional 4,724 shares in the last quarter.  Lombard Odier Asset Management USA Corp bought a new stake in shares of  Textron during the 2nd quarter valued at $413,000.  Lombard Odier Asset Management Switzerland SA purchased a new position in shares of  Textron during the 2nd quarter valued at $1,339,000.  State Street Corp boosted its holdings in  Textron by 2.5% in the 2nd quarter. State Street Corp now owns 9,007,450 shares of the aerospace company's stock worth $723,384,000 after buying an additional 217,401 shares during the period.  Finally, Daiwa Securities Group Inc. increased its stake in  Textron by 4.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 27,254 shares of the aerospace company's stock worth $2,188,000 after buying an additional 1,142 shares in the last quarter. 86.03% of the stock is owned by hedge funds and other institutional investors. </p><h2>Wall Street Analysts Forecast Growth</h2><p>TXT has been the topic of several research analyst reports. JPMorgan Chase &amp; Co. lowered their price objective on Textron from $90.00 to $88.00 and set a &#34;neutral&#34; rating on the stock in a research report on Monday, October 27th. TD Cowen decreased their target price on Textron from $95.00 to $90.00 and set a &#34;hold&#34; rating on the stock in a research note on Friday, October 24th. Wall Street Zen upgraded Textron from a &#34;buy&#34; rating to a &#34;strong-buy&#34; rating in a research note on Monday, October 27th. Sanford C. Bernstein  reiterated a &#34;market perform&#34; rating and set a $90.00 price objective on shares of Textron in a research report on Monday, October 27th. Finally, UBS Group dropped their target price on shares of Textron from $92.00 to $89.00 and set a &#34;neutral&#34; rating for the company in a research report on Friday, October 24th. Six investment analysts have rated the stock with a Buy rating and eight have issued  a Hold rating to the company. Based on data from MarketBeat.com, Textron presently has an average rating of &#34;Hold&#34; and a consensus price target of $92.15.</p><ul><li>3 Stocks With Hot RSIs That Scream Further Gains</li></ul><p><b>Read Our Latest Analysis on Textron</b></p><h2>Textron Stock Performance</h2><p>NYSE:TXT opened at $83.99 on Wednesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.84 and a quick ratio of 0.86. The company has a market cap of $14.80 billion, a price-to-earnings ratio of 18.46, a PEG ratio of 1.37 and a beta of 1.01. Textron Inc. has a 1 year low of $57.70 and a 1 year high of $87.94. The stock's 50 day simple moving average is $82.31 and its two-hundred day simple moving average is $80.84. </p><ul><li>What makes Textron a must-own aerospace stock for 2024?</li></ul><p>Textron (NYSE:TXT - Get Free Report) last posted its earnings results on Thursday, October 23rd. The aerospace company reported $1.55 earnings per share for the quarter, beating analysts' consensus estimates of $1.47 by $0.08. The firm had revenue of $3.60 billion during the quarter, compared to analyst estimates of $3.70 billion. Textron had a net margin of 5.81% and a return on equity of 14.16%. Textron's revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period last year, the firm posted $1.40 earnings per share. Textron has set its FY 2025 guidance at 6.000-6.200 EPS.  As a group, equities analysts anticipate that  Textron Inc. will post 6.12 earnings per share for the current fiscal year. </p><h2>Textron Dividend Announcement</h2><p>The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 1st. Shareholders of record on Friday, December 12th will be given a dividend of $0.02 per share. The ex-dividend date is Friday, December 12th. This represents a $0.08 dividend on an annualized basis and a yield of 0.1%. Textron's payout ratio is 1.76%. </p><h2>Textron Company Profile</h2> (Free Report)<p>Textron Inc operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates through six segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance. The Textron Aviation segment manufactures, sells, and services business jets, turboprop and piston engine aircraft, and military trainer and defense aircraft; and offers maintenance, inspection, and repair services, as well as sells commercial parts.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Textron</li><li>3 Must-Buy Warren Buffett Stocks for Volatile Times</li><li>Consumers Got Coal, But Santa Dropped Off Big Gains for These 2 Retailers</li><li>High Flyers: 3 Natural Gas Stocks for March 2022</li><li>10X Gains? These 3 Robotics Stocks Could Explode by 2035</li><li>3 Grocery Stocks That Are Proving They Are Still Essential </li><li>Anheuser-Busch Buys BeatBox to Win Over Younger Drinkers</li></ul><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>iSAM Funds UK Ltd invested $1.45 million in Textron Inc., acquiring 18,000 shares. Other investors like AXA S.A. and Lombard Odier also adjusted their stakes. Analysts have mixed ratings on Textron, with a consensus price target of $92.15. Textron reported strong earnings, beating estimates, and announced a quarterly dividend. The stock opened at $83.99, with a market cap of $14.80 billion.</p>

iSAM Funds UK Ltd Invests $1.45 Million in Textron Inc. $TXT