Textron stock holds firm after a $231.5 million Navy contract
Published on 08/22/2026 at 13:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Textron Inc. (US8832031027) is being shaped by a $231.5 million US Navy contract modification and a second-quarter report that topped Wall Street on both sales and earnings. The stock opened at $82.97, while the company logged $3.83 billion in revenue and $1.62 in adjusted EPS for the quarter ended July 28, 2026.
Contract work stays visible
The contract update points to continued federal demand for the company's defense work, and it arrived alongside fresh trading data that kept Textron's market value at $14.27 billion. The shares were trading at $82.94 with a 5-day change of -1.68% and a 1st January change of -6.79% in market data published on August 22, 2026.
For investors, the contrast matters: Textron's latest quarter delivered $3.83 billion in revenue versus $3.81 billion expected, while revenue rose 3.0% from the same quarter last year. Net margin reached 6.12% and return on equity was 14.30% in the same report.
Guidance does the heavy lifting
Textron also kept its FY 2026 guidance at $6.40 to $6.60 in EPS, and sell-side estimates in the same report cluster at $6.50 for the year. That leaves the stock with a visible gap between the current quote and the average analyst target of $102.44 reported in recent market data.
The analyst backdrop is still mixed, with a consensus rating of Moderate Buy and a 52-week range of $78.12 to $101.57. The gap is wide enough to matter, but the market has not yet closed it.
Textron Aviation focus
Textron Aviation remains the company's best-known business, anchored by Cessna and Beechcraft aircraft for business and turboprop buyers. That segment gives the broader aerospace and defense mix a consumer-facing product line that is easier to recognize than the contract headlines.
Shares and valuation
Textron stock traded at $82.94, with a market cap of $14.27 billion and a price-to-earnings ratio of 15.65 on August 22, 2026. The latest quote leaves the shares below the 52-week high of $101.57 and above the 52-week low of $78.12.
Fact box
Company: Textron Inc.
ISIN: US8832031027
Ticker: TXT
Exchange: NYSE
Price (as of August 22, 2026): $82.94 USD
Market cap: $14.27 billion (as of August 22, 2026)
Sector / Industry: Aerospace & Defense / Aerospace & Defense
Index membership: S&P 500
