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Why Textron (TXT) Stock Is Down Today

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Textron (TXT) is down 7.6% today. Here is some analysis on what might have caused this price movement. ([investor.textron.com](https://investor.textron.com/news-releases/news-details/2026/Textron-Reports-Second-Quarter-2026-Results/default.aspx))

Analysis: The sell-off appears tied to a cautious reaction to Textron’s second-quarter report rather than a simple earnings miss. While the company posted higher revenue and earnings, investors seem focused on unchanged full-year guidance, weaker manufacturing cash flow, pressure in Textron Aviation margins, and a warning that earnings and cash flow could be hurt if additional MV-75 Cheyenne funding does not arrive. ([investor.textron.com](https://investor.textron.com/news-releases/news-details/2026/Textron-Reports-Second-Quarter-2026-Results/default.aspx))

Details:

  • Textron reported second-quarter 2026 revenue of $3.8 billion, up 3% year over year, with adjusted EPS of $1.62 versus $1.55 a year earlier. ([investor.textron.com](https://investor.textron.com/news-releases/news-details/2026/Textron-Reports-Second-Quarter-2026-Results/default.aspx))
  • The company reiterated, rather than raised, its 2026 adjusted EPS outlook of $6.40 to $6.60. That range roughly brackets the broader market expectation, which may have limited enthusiasm after the quarterly beat. ([investor.textron.com](https://investor.textron.com/news-releases/news-details/2026/Textron-Reports-Second-Quarter-2026-Results/default.aspx))
  • Textron said its outlook assumes additional fiscal 2026 funding for the MV-75 Cheyenne program; without that funding, adjusted EPS could be reduced by $0.20 to $0.30 and cash flow could fall by $150 million to $250 million. ([investor.textron.com](https://investor.textron.com/news-releases/news-details/2026/Textron-Reports-Second-Quarter-2026-Results/default.aspx))
  • Textron Aviation profit slipped 3% as manufacturing inefficiencies and lower aircraft volume and mix offset pricing gains, and manufacturing cash flow before pension contributions fell to $154 million from $336 million a year earlier. ([investor.textron.com](https://investor.textron.com/news-releases/news-details/2026/Textron-Reports-Second-Quarter-2026-Results/default.aspx))
  • Sources:

    Textron Investor Relations, SEC, Investing.com

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $TXT Insider Trading Activity

    TXT Insider Trades

    $TXT insiders have traded $TXT stock on the open market 10 times in the past 6 months. Of those trades, 1 have been purchases and 9 have been sales.

    Here’s a breakdown of recent trading of $TXT stock by insiders over the last 6 months:

    • SCOTT C DONNELLY (Executive Chairman) has made 0 purchases and 3 sales selling 219,619 shares for an estimated $21,612,724.
    • MARK S BAMFORD (VP & Corporate Controller) has made 0 purchases and 2 sales selling 29,341 shares for an estimated $2,881,103.
    • E ROBERT LUPONE (EVP, General Counsel & Secy) sold 28,056 shares for an estimated $2,773,156
    • JULIE G DUFFY (EVP and CHRO) sold 19,857 shares for an estimated $1,959,842
    • THOMAS A KENNEDY purchased 10,300 shares for an estimated $988,594
    • LISA M ATHERTON (President and CEO) sold 7,600 shares for an estimated $749,968
    • R KERRY CLARK sold 2,517 shares for an estimated $234,307

    To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

    $TXT Hedge Fund Activity

    We have seen 355 institutional investors add shares of $TXT stock to their portfolio, and 294 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • FMR LLC added 2,720,111 shares (+31.3%) to their portfolio in Q1 2026, for an estimated $238,172,919
    • BOSTON PARTNERS removed 1,512,837 shares (-20.9%) from their portfolio in Q1 2026, for an estimated $132,464,007
    • TWO SIGMA INVESTMENTS, LP added 1,368,140 shares (+316.7%) to their portfolio in Q1 2026, for an estimated $119,794,338
    • MILLENNIUM MANAGEMENT LLC removed 793,711 shares (-92.6%) from their portfolio in Q1 2026, for an estimated $69,497,335
    • GOLDMAN SACHS GROUP INC added 659,043 shares (+55.3%) to their portfolio in Q1 2026, for an estimated $57,705,805
    • ANOMALY CAPITAL MANAGEMENT, LP removed 504,681 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $44,189,868
    • JAIN GLOBAL LLC added 493,458 shares (+inf%) to their portfolio in Q1 2026, for an estimated $43,207,182

    To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

    $TXT Government Contracts

    We have seen $2,613,717,760 of award payments to $TXT over the last year.

    Here are some of the awards which we have have seen pay out the most over the last year:

    To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

    $TXT Congressional Stock Trading

    Members of Congress have traded $TXT stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

    Here’s a breakdown of recent trading of $TXT stock by members of Congress over the last 6 months:

    To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

    $TXT Price Targets

    Multiple analysts have issued price targets for $TXT recently. We have seen 6 analysts offer price targets for $TXT in the last 6 months, with a median target of $102.5.

    Here are some recent targets:

    • Seth Seifman from JP Morgan set a target price of $105.0 on 05/04/2026
    • Gavin Parsons from UBS set a target price of $100.0 on 05/04/2026
    • Sheila Kahyaoglu from Jefferies set a target price of $110.0 on 04/07/2026
    • John Godyn from Citigroup set a target price of $99.0 on 04/02/2026
    • David Strauss from Wells Fargo set a target price of $92.0 on 04/01/2026
    • Douglas Harned from Bernstein set a target price of $108.0 on 02/19/2026

    This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.

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