Textron IncNYSE: TXT
Industrials · Aerospace & Defense
$89.12
-3.85%
Vol: 1.9M
Research Digest
Thursday, June 18, 2026
No significant overnight updates
No material news in the last 48 hours.
Previous Market Intelligence
13 daysJun 17No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 16No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 15No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 20Bell Textron secured an order for three additional Bell 407GXi helicopters from Life Flight Network on May 14, expanding its largest HEMS fleet customer.Positive▶
Bell Textron announced on May 14, 2026 that Life Flight Network, the largest not-for-profit air medical program in the U.S., ordered three additional Bell 407GXi helicopters, expanding its already-largest Bell HEMS fleet of 35 aircraft. The order reinforces Bell's leadership in the air medical segment and provides recurring revenue visibility for Textron's rotorcraft division. Earlier in May, Textron Aviation delivered the first three Cessna Citation Ascend midsize business jets to fleet launch customer NetJets. Textron's Q1 2026 results (reported earlier) showed revenue up 12% to $3.7 billion with adjusted EPS of $1.45, and management announced intent to separate the Industrial segment into a standalone company over 12-18 months. Multiple analysts raised price targets in May, including Morgan Stanley to $109 and JPMorgan to $105. An insider sale by R. Clark of 2,517 shares was also reported.
May 19Textron Aviation delivered first 3 Cessna Citation Ascend jets to NetJets and received USDA order for 3 Caravan aircraft; UBS raised PT to $100Positive▶
Textron Aviation delivered the first three Cessna Citation Ascend midsize business jets to fleet launch customer NetJets on May 5, 2026, marking a significant milestone for the new midsize platform. On May 13, 2026, the USDA Animal and Plant Health Inspection Service ordered three new Cessna Caravan aircraft to support the sterile insect release program protecting Texas citrus crops along the Rio Grande River. UBS raised its TXT price target to $100 from $99. The company previously announced (Q1) its intent to separate the Industrial segment via sale or tax-free spin-off (targeted by 2027) and returned $168M in Q1 share repurchases on Q1 revenue of $3.7B (up 12%) and adjusted EPS of $1.45. The stock traded at $90.59 on May 19 with a $15.76B market cap. Textron also opened a new Aviation facility at Essendon Fields Airport.
May 18Textron announced intent to separate its Industrial segment into a standalone company alongside Q1 2026 results showing 12% revenue growth to $3.7B and adjusted EPS of $1.45 beating $1.30 estimates.Positive▶
Textron reported Q1 2026 revenue of $3.7 billion (+12%) and adjusted EPS of $1.45, beating consensus by 11.5%. The company announced plans to separate its Industrial segment (Kautex and Textron Specialized Vehicles), with the remaining 'New Textron' focused on aerospace/defense expecting >$12B in 2026 revenues with a $19B backlog. Multiple analysts raised price targets including UBS to $100, Morgan Stanley to $109, and JPMorgan to $105. Textron Aviation delivered the first three Cessna Citation Ascend business jets to NetJets on May 5, and Bell received a new order for 3 additional 407GXi helicopters from Life Flight Network on May 14. USDA also ordered three Cessna Caravans for crop protection on May 13. A quarterly dividend of $0.02 was declared, payable July 1.
May 15Textron wins USDA Cessna Caravan order May 13; analysts raise PT after Industrial separation planPositive▶
Textron Aviation announced on May 13 that the USDA's Animal and Plant Health Inspection Service ordered three new Cessna Caravan aircraft to support the sterile insect release program protecting citrus crops along the Rio Grande in southern Texas. The company also delivered the first three Cessna Citation Ascend jets to NetJets on May 5. Q1 2026 revenue rose 12% to $3.7B with adjusted EPS of $1.45 beating $1.30 estimates by 11.5%. Textron announced intent to separate its Industrial segment into a standalone Industrial company and "New Textron" focused on aerospace/defense ($12B+ revenue, $19B backlog). UBS raised PT to $100, Morgan Stanley to $109 from $92, JPMorgan to $105 from $90. Stock $91.66 on May 11. Risk: 12-18 month separation execution timeline.
May 14Textron Aviation booked a USDA order for three Cessna Caravans on May 13 as Textron continues its planned 12-18 month spinoff of its Industrial segment.Positive▶
On May 13, 2026, Textron Aviation announced the USDA Animal and Plant Health Inspection Service ordered three new Cessna Caravan aircraft to support sterile-insect release for citrus crop protection along the Rio Grande in southern Texas. The deal complements recent momentum from delivering the first three Cessna Citation Ascend jets to NetJets and a new aftermarket Starlink connectivity STC for the Ascend. Textron continues to advance its previously announced separation of the Industrial segment (Kautex and Textron Specialized Vehicles) from "New Textron" (aerospace and defense), targeting completion in 12-18 months. Q1 2026 revenue was $3.7B (up 12%), GAAP EPS $1.25, adjusted EPS $1.45; New Textron projects >$12B 2026 revenue and a $19B backlog. Director Kerry Clark sold 2,517 shares (~$234K) in early May, a minor insider-sell signal.
May 13Textron announced intent to separate its Industrial segment into a standalone company, alongside Q1 EPS of $1.25 and a 13.4% stock gain on the newsPositive▶
Textron announced plans to separate its Industrial segment (Kautex and Textron Specialized Vehicles) via either sale or tax-free spin-off, leaving a New Textron focused on aerospace and defense businesses including Cessna, Beechcraft and Bell. New Textron expects >$12 billion in 2026 revenues with a $19 billion backlog; Industrial expects >$3 billion in revenue. Q1 2026 revenue was $3.7 billion (up 12%) with GAAP EPS of $1.25 and adjusted EPS of $1.45, beating prior-year results. The company returned $168 million in share repurchases and delivered the first three Cessna Citation Ascend business jets to NetJets on May 5, 2026. On May 12, Textron Aviation received a USDA order for three Cessna Caravan aircraft for crop protection. Analyst price targets were raised, with Morgan Stanley going to $109 and JPMorgan to $105.
May 12No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 11Textron Aviation honored late Cessna CEO Russ Meyer with May 9 flyover; NetJets took delivery of first three Citation Ascend jets.Positive▶
On May 9, 2026, Textron Aviation hosted a flyover and celebration of life for longtime Cessna CEO Russ Meyer (died March, age 93). The same week, NetJets took delivery of its first three Cessna Citation Ascend midsize jets as fleet launch customer, and Textron Aviation opened an expanded service facility in Melbourne to broaden Asia-Pacific support. The news follows Textron's earlier announcement of intent to separate its Industrial segment via sale or tax-free spin and Q1 2026 revenue of $3.7B (up 12%) with adjusted EPS of $1.45. Director Kerry Clark sold 2,517 shares ($234K) recently. Risk: industrial separation timeline and execution.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| TXTTEXTRON | $89.12 | -3.85% | -0.1% | 12.3x | 0.91 | $15.6B |
| GEGENERAL | $359.14 | +0.59% | +19.1% | 41.2x | 1.38 | $373.7B |
| RTXRTX | $186.23 | -3.30% | +6.2% | 24.5x | 0.31 | $249.9B |
| BABOEING | $223.65 | -0.88% | +0.2% | 53.3x | 1.20 | $175.6B |
| LMTLOCKHEED | $512.63 | -3.70% | -2.2% | 15.9x | 0.11 | $117.8B |
| HWMHOWMET | $278.83 | -1.55% | +6.3% | 46.1x | 1.19 | $111.1B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price between 50d and 200d. Testing 50d support.