Textron (TXT)

Company Profile

Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, Textron Systems, and TRU Simulation + Training.

Company profile

Ticker

TXT

Exchange

NYSE

Website

www.textron.com

CEO

Scott Donnelly

Incorporated

Delaware

Location

Rhode Island

Fiscal year end

Dec 31

Sector

Manufacturing > Aircraft Manufacturing

Industry (SIC)

Aircraft & Parts

Triumph • AAR • KLX ...

SEC CIK

0000217346

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Avco Corporation • United Industrial Corporation • Textron Systems Corporation • AAI Services Corporation • Airborne Tactical Advantage Company, LLC • Howe & Howe Inc. • Overwatch Systems, Ltd. • Medical Numerics, Inc. • Textron Systems Canada Inc. • Opto-Electronics Inc. ...

IRS number

50315468

TXT stock data

1M 1Y 5Y

Latest filings (excl ownership)

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ARS

2022 FY

Annual report to shareholders

6 Mar 23

DEFA14A

Additional proxy soliciting materials

3 Mar 23

Automatic shelf registration

16 Feb 23

Textron Reports Fourth Quarter 2022 Results; Announces 2023 Financial Outlook

25 Jan 23

8-K

Departure of Directors or Certain Officers

27 Oct 22

Textron Reports Third Quarter 2022 Results; Narrows Full Year EPS Range and Raises Cash Flow Guidance

28 Jul 22

Transcripts

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TXT

Earnings call transcript

2022 Q4

25 Jan 23

TXT

Earnings call transcript

2022 Q3

27 Oct 22

TXT

Earnings call transcript

2022 Q2

28 Jul 22

TXT

Earnings call transcript

2022 Q1

28 Apr 22

TXT

Earnings call transcript

2021 Q4

27 Jan 22

TXT

Earnings call transcript

2021 Q3

28 Oct 21

TXT

Earnings call transcript

2021 Q2

29 Jul 21

TXT

Earnings call transcript

2021 Q1

29 Apr 21

TXT

Earnings call transcript

2020 Q4

27 Jan 21

TXT

Earnings call transcript

2020 Q3

29 Oct 20

Latest ownership filings

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T. Rowe Price Investment Management, Inc.

Financial summary

Financial statements Chart TXT financial data

Quarter (USD)	Dec 22	Oct 22	Jul 22	Apr 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Jan 22	Jan 21	Jan 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	2.04 bn	2.04 bn	2.04 bn	2.04 bn	2.04 bn	2.04 bn
Cash burn (monthly)	(no burn)	6.83 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	20.00 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	2.02 bn	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	294.9	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Textron earnings reports.

Institutional ownership, Q4 2022

TXT institutional ownership history Ownership history

85.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	551	497	+10.9%
Opened positions	103	51	+102.0%
Closed positions	49	52	-5.8%
Increased positions	175	135	+29.6%
Reduced positions	173	198	-12.6%

13F shares	Current	Prev Q	Change
Total value	12.23 tn	9.78 bn	+124965.1%
Total shares	173.24 mm	167.77 mm	+3.3%
Total puts	704.90 k	207.80 k	+239.2%
Total calls	899.30 k	668.00 k	+34.6%
Total put/call ratio	0.8	0.3	+152.0%

Largest owners	Shares	Value	Change
Vanguard	23.91 mm	$1.69 tn	+0.9%
T. Rowe Price Investment Management	18.67 mm	$1.32 tn	-13.9%
BLK Blackrock	17.71 mm	$1.25 tn	+5.0%
STT State Street	8.82 mm	$624.34 bn	NEW
T. Rowe Price	7.48 mm	$530.13 bn	-5.5%
IVZ Invesco	7.10 mm	$502.83 bn	-21.1%
Boston Partners	6.90 mm	$488.27 bn	+1.3%
Victory Capital Management	6.43 mm	$455.37 bn	-0.2%
Primecap Management	5.11 mm	$361.77 bn	-2.5%
Geode Capital Management	4.29 mm	$304.53 bn	+2.3%

Largest transactions	Shares	Bought/sold	Change
STT State Street	8.82 mm	+8.82 mm	NEW
T. Rowe Price Investment Management	18.67 mm	-3.01 mm	-13.9%
Adage Capital Partners GP, L.L.C.	829.35 k	-2.36 mm	-74.0%
Millennium Management	2.23 mm	+2.19 mm	+5701.1%
IVZ Invesco	7.10 mm	-1.90 mm	-21.1%
Nuveen Asset Management	666.95 k	-1.00 mm	-60.0%
MNGPF Man	910.56 k	+910.56 k	NEW
BLK Blackrock	17.71 mm	+849.51 k	+5.0%
National Bank of Canada	661.07 k	+635.44 k	+2478.9%
Balyasny Asset Management	102.39 k	-468.31 k	-82.1%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

TXT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Mar 23	Scott C Donnelly	Common Stock	Payment of exercise	Dispose F	No	No	73.19	43,984	3.22 mm	683,735
1 Mar 23	Scott C Donnelly	Common Stock	Grant	Acquire A	No	No	0	44,583	0.00	727,719
1 Mar 23	Scott C Donnelly	Employee Stock Option Common Stock	Grant	Acquire A	No	No	73.19	141,435	10.35 mm	141,435
1 Mar 23	Mark S Bamford	Common Stock	Payment of exercise	Dispose F	No	No	73.19	833	60.97 k	17,840.17
1 Mar 23	Mark S Bamford	Common Stock	Grant	Acquire A	No	No	0	1,311	0.00	18,673.17
1 Mar 23	Mark S Bamford	Employee Stock Option Common Stock	Grant	Acquire A	No	No	73.19	4,159	304.40 k	4,159
1 Mar 23	Julie G Duffy	Common Stock	Payment of exercise	Dispose F	No	No	73.19	2,565	187.73 k	34,531
1 Mar 23	Julie G Duffy	Common Stock	Grant	Acquire A	No	No	0	4,335	0.00	37,096
1 Mar 23	Julie G Duffy	Employee Stock Option Common Stock	Grant	Acquire A	No	No	73.19	13,752	1.01 mm	13,752
1 Mar 23	E Robert Lupone	Common Stock	Payment of exercise	Dispose F	No	No	73.19	3,647	266.92 k	97,993