Analyst Downgrades – Textron (NYSE:TXT) Stock Gets Downgraded By Bank of America Corporation from Buy to Underperform

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Analyst Ratings For Textron (NYSE:TXT)

Today, Textron (NYSE:TXT) stock was downgraded by Bank of America Corporation from Buy to Underperform.

There are 2 sell ratings, 3 hold ratings, 5 buy ratings on the stock.

The current consensus rating on Textron (NYSE:TXT) is Hold (Score: 2.30) with a consensus target price of $53.38 per share, a potential 9.76% upside.

Some recent analyst ratings include

  • 7/21/2017-Bank of America Corporation was Downgraded by analysts at Bank of America Corporation from a “Buy ” rating to a ” Underperform” rating.
  • 7/20/2017-Credit Suisse Group Reiterated Rating of Outperform.
  • 5/18/2017-Jefferies Group LLC Reiterated Rating of Buy.
  • 4/22/2017-Cowen and Company Reiterated Rating of Outperform.
  • 4/13/2017-Stephens initiated coverage with a Equal Weight rating.
  • 1/20/2017-Robert W. Baird Reiterated Rating of Outperform.

Dividend information for Textron (NYSE:TXT)

Textron (NYSE:TXT) pays an annual dividend of Community Ranking: with a yield of 0.16% and an average dividend growth of 0.00% based on a 3 Year Average.

Dividend History for Textron (NYSE:TXT)

  • On 4/26/2017 Textron announced a quarterly dividend of $0.02 0.17% with an ex dividend date of 6/7/2017 which will be payable on 7/1/2017.
  • On 2/22/2017 Textron announced a quarterly dividend of $0.02 0.17% with an ex dividend date of 3/8/2017 which will be payable on 4/1/2017.
  • On 10/26/2016 Textron announced a quarterly dividend of $0.02 0.2% with an ex dividend date of 12/7/2016 which will be payable on 1/1/2017.
  • On 7/26/2016 Textron announced a quarterly dividend of $0.02 0.2% with an ex dividend date of 9/7/2016 which will be payable on 10/1/2016.
  • On 4/27/2016 Textron announced a quarterly dividend of $0.02 0.2% with an ex dividend date of 6/8/2016 which will be payable on 7/1/2016.
  • On 2/24/2016 Textron announced a quarterly dividend of $0.02 0.23% with an ex dividend date of 3/9/2016 which will be payable on 4/1/2016.
  • On 10/21/2015 Textron announced a quarterly dividend of $0.02 0.2% with an ex dividend date of 12/9/2015 which will be payable on 1/1/2016.

Recent Insider Trading Activity For Textron (NYSE:TXT)
Textron (NYSE:TXT) has insider ownership of 1.07% and institutional ownership of 82.68%.

  • On 11/2/2015 Cheryl H. Johnson, VP, sold 2,121 with an average share price of $42.37 per share and the total transaction amounting to $89,866.77. View SEC Filing
  • On 11/11/2014 Mark S Bamford, VP, sold 1,436 with an average share price of $41.86 per share and the total transaction amounting to $60,110.96. View SEC Filing
  • On 10/24/2013 Richard L Yates, VP, sold 48,144 with an average share price of $28.91 per share and the total transaction amounting to $1,391,843.04. View SEC Filing

Recent Trading Activity for Textron (NYSE:TXT)
Shares of Textron closed the previous trading session at 48.63 down -0.01 -0.02% with 2,187,481 shares trading hands.