Shareholder Northcoast Asset Management LLC Decreased Textron INC (TXT) Stake

Textron Inc. (NYSE:TXT) Corporate LogoBig Money Sentiment increased to 1.01 in Q2 2018. It has change of 0.18, from 2018Q1’s 0.83. The ratio increased due to TXT positioning: 22 sold and 149 reduced. 66 funds amassed holdings and 106 increased holdings. Investors holded 211.27 million in 2018Q1 but now own 204.61 million shares or 3.15% less. Ameritas Inv Inc reported 0.02% stake. Madison Inv Holdings holds 294,300 shs. Pub Employees Retirement Systems Of Ohio stated it has 0.03% of its capital in Textron Inc. (NYSE:TXT). Comml Bank accumulated 0.01% or 7,099 shs. San Francisco Sentry Invest Gp Incorporated (Ca), a California-based fund reported 236 shs. Bnp Paribas Arbitrage Sa has 0% invested in Textron Inc. (NYSE:TXT) for 72,883 shs. Sei Invests accumulated 55,911 shs or 0.01% of the stock. Tide Point Mngmt Limited Partnership has invested 3.99% in Textron Inc. (NYSE:TXT). 32,643 are owned by Mutual Of America Capital Mngmt Ltd Liability Corporation. Northwestern Mutual Wealth Mngmt owns 0% invested in Textron Inc. (NYSE:TXT) for 2,314 shs. Chevy Chase Tru Incorporated stated it has 0.06% of its capital in Textron Inc. (NYSE:TXT). Keybank Natl Association Oh invested in 0.01% or 30,313 shs. Aperio Gp Ltd Liability Corporation reported 120,869 shs or 0.04% of all its holdings. Thompson Siegel & Walmsley Lc holds 6,406 shs or 0.01% of its capital. Prudential invested in 302,705 shs or 0.03% of the stock.

TXT had 1 insider sale and 0 buys since July 30, 2018. This’s net activity of $3.04 million.

According to 2018Q2 Securities and Exchange form the Northcoast Asset Management Llc decreased its stake in Textron Inc (TXT) by 23.4%. 113,480 shares were sold by Northcoast Asset Management Llc as the company’s stock rose 2.85% with the market. The aerospace company at the end of 2018Q2 was priced at $24.49 million. It’s down from 485,054 at the end of the previous reported quarter. Now it had 371,574 shares held by the institutional investor . Textron Inc has $12.44B market cap. Ticker’s shares touched $51.22 during the last trading session after 3.38% change.Textron Inc. is uptrending after having risen 33.07% since December 8, 2017. TXT has 2.21 million volume or 12.68% up from normal. TXT outperformed the S&P 500 by 17.45%.

Northcoast Asset Management Llc manages about $1.05 billion US Long portfolio. According to a filing the fund rose its stake in Anheuser (NYSE:BUD) by 33,735 shares to 60,407 shares, valued at $6.09 million in 2018Q2. Northcoast Asset Management Llc has risen its stake in Arista Networks (NYSE:ANET) and also increased its holding in Huntsman Corp (NYSE:HUN) by 783,383 shares in the quarter, for a total of 1.04M shares.

Investors wait Textron Inc. (NYSE:TXT)’s quarterly earnings on January, 30., according to Faxor. Analysts have anticipation on stock’s earnings per share of $1.01. That’s up 36.49 % from last year’s $0.74 earnings per share. The profit will be $245.38 million for TXT if $1.01 earnings per share becomes true. After $0.61 EPS report last quarter, Wall Street now predicts 65.57 % EPS growth of Textron Inc..

For more Textron Inc. (NYSE:TXT) news published recently go to: Bizjournals.com, Bizjournals.com, Nasdaq.com, Bizjournals.com or Bizjournals.com. The titles are as follows: “Able Aerospace expands HQ at Phoenix-Mesa Gateway Airport – Phoenix Business Journal” published on December 05, 2018, “Business aviation gears up for new battles in 2019 – Wichita Business Journal” on December 06, 2018, “Lawmakers Are Urged to Boost Military Spending or Face Dire Consequences – Nasdaq” with a publish date: November 25, 2018, “Textron Aviation division plans Phoenix expansion – Wichita Business Journal” and the last “Jim Walters retiring as head of HR at Textron Aviation – Wichita Business Journal” with publication date: November 09, 2018.

Textron Inc. (NYSE:TXT) Ratings Coverage

A total of 4 analysts rate Textron (NYSE:TXT) as follows: 3 “Buy”, 1 “Hold” and 0 “Sell”. Тherefore 75% are bullish. (NYSE:TXT) has 6 ratings reports on Dec 8, 2018 according to StockzIntelligence. The stock rating was maintained by Morgan Stanley with “Equal-Weight” on Wednesday, November 14. On Friday, October 19 Wells Fargo maintained Textron Inc. (NYSE:TXT) rating. Wells Fargo has “Outperform” rating and $70 target. On Wednesday, July 25 the firm has “Buy” rating given by Bank of America. In Monday, July 23 report JP Morgan maintained the stock with “Overweight” rating. On Thursday, October 11 the rating was maintained by Morgan Stanley with “Equal-Weight”. On Thursday, July 12 Morgan Stanley maintained the shares of TXT in report with “Equal-Weight” rating.

Textron Inc. (NYSE:TXT) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.