Company Textron Inc.

Equities

TXT

US8832031012

Aerospace & Defense

Market Closed - Nyse 04:00:01 2024-05-17 pm EDT 5-day change 1st Jan Change
89.17 USD +1.93% Intraday chart for Textron Inc. +0.70% +10.88%

Business Summary

Textron Inc. is a diversified industrial group organized around 5 families of products and services:

- aircraft (34.1% of net sales): business aircraft, turboprop planes, and single-engine piston aircraft;

- military and commercial helicopters (28.4%; Bell). The group also offers logistical support services, technical support services, training, maintenance, and repair services;

- industrial equipment (25.7%): fuel systems, hydraulic power tools, measuring equipment, fiber-optic connectors, golf carts, lawn maintenance equipment, etc.;

- defense and aerospace systems (11.3%): precision weaponry, smart battlefield systems, airborne and underground surveillance systems, aircraft control components, unmanned aircraft systems, shielded vehicles, piston engines, etc.;

- financing services (0.5%).

Net sales break down geographically as follows: the United States (68.2%), Europe (11.5%), Asia and Australia (9.5%) and other (10.8%).

Number of employees: 35,000

Sales per Business

USD in Million2022Weight2023Weight Delta
Textron Aviation
39.3 %
5,073 39.4 % 5,373 39.3 % +5.91%
Industrial
28.1 %
3,465 26.9 % 3,841 28.1 % +10.85%
Bell
23.0 %
3,091 24.0 % 3,147 23.0 % +1.81%
Textron Systems
9.0 %
1,172 9.1 % 1,235 9.0 % +5.38%
Finance
0.4 %
52 0.4 % 55 0.4 % +5.77%
Textron Eaviation
0.2 %
16 0.1 % 32 0.2 % +100.00%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
68.0 %
8,702 67.6 % 9,305 68.0 % +6.93%
Other International
21.7 %
2,699 21.0 % 2,964 21.7 % +9.82%
Europe
10.3 %
1,468 11.4 % 1,414 10.3 % -3.68%

Managers

Managers TitleAgeSince
Chief Executive Officer 62 08-05-31
Director of Finance/CFO 64 09-07-31
Chief Operating Officer - 22-02-21
Compliance Officer 64 12-01-31
Corporate Officer/Principal - 13-12-31
Comptroller/Controller/Auditor - -
Corporate Officer/Principal - 04-04-30
Comptroller/Controller/Auditor 59 99-12-31
Human Resources Officer 58 96-12-31
Comptroller/Controller/Auditor - 02-12-31

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 62 08-05-31
Director/Board Member 73 03-12-31
Director/Board Member 74 07-02-28
Director/Board Member 71 02-12-31
Director/Board Member 69 19-12-31
Director/Board Member 68 22-12-31
Director/Board Member 65 17-06-30
Director/Board Member 65 22-03-31
Director/Board Member 66 16-10-31
Director/Board Member 62 23-06-30

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
11.54 %
22,207,900 11.54 % 1 885 M $
BlackRock Advisors LLC
7.380 %
14,197,713 7.380 % 1 205 M $
T. Rowe Price Investment Management, Inc.
6.907 %
13,288,275 6.907 % 1 128 M $
8,720,409 4.533 % 740 M $
Boston Partners Global Investors, Inc.
3.699 %
7,116,231 3.699 % 604 M $
Invesco Advisers, Inc.
3.453 %
6,643,875 3.453 % 564 M $
Victory Capital Management, Inc. (Investment Management)
3.183 %
6,124,554 3.183 % 520 M $
JPMorgan Investment Management, Inc.
2.936 %
5,648,624 2.936 % 480 M $
PRIMECAP Management Co.
2.788 %
5,364,670 2.788 % 455 M $
Geode Capital Management LLC
2.354 %
4,529,000 2.354 % 385 M $

Company contact information

Textron, Inc.

40 Westminster Street

02903-2525, Providence

+401 421 2800

http://www.textron.com
address Textron Inc.(TXT)

Group companies

NameCategory and Sector
Finance/Rental/Leasing
Textron Financial Corporation Receivables Trust 2002-CP-2
Finance/Rental/Leasing
Aerospace & Defense

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
16
Last Close Price
89.17 USD
Average target price
98.58 USD
Spread / Average Target
+10.56%
Consensus
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