BofA raises Textron stock price target to $100 on strong quarter

Textron issued $350 million in 5.500% notes due 2032. The notes were sold on November 4, 2026, and mature on March 15, 2032. The offering was made under Textron’s Form S-3 registration statement.

TEXTRON INC (TXT) filed an SEC Form 8-K — Other Events. Item 8.01. Other Events On November 4, 2026, Textron Inc. (“Textron”) issued and sold $350,000,000 principal amount of its 5.500% Notes due March 15, 2032 (the “Notes”) pursuant to its Registration Statement on Form S-3 (No. 333-293711), including the related Prospectus dated Feb

General Dynamics and Textron reported strong Q3 results, with revenue up 9.3% and 14% respectively. Both companies cited robust demand and supply chain challenges. General Dynamics' Aerospace division revenue was $3.54bn, while Textron Aviation reported $1.7bn in revenue. Both have healthy order backlogs, with Gulfstream at $25.4bn and Textron at $8bn. They are optimistic about demand despite macroeconomic concerns.

Textron Inc. reported Q3 2026 earnings of $1.56 per share, up from $1.31 in Q3 2025. Revenue grew 14% to $1.7 billion at Textron Aviation, driven by 51 Citation jet deliveries. Bell segment revenue declined 9% to $933 million. Total revenue was $3.8 billion, with adjusted EPS of $1.76.

Textron (TXT) reported Q3 revenue of $1.7B, up 14% YoY, driven by aviation sales and aftermarket demand. Aviation delivered more jets and turboprops, while Bell revenue declined 9%. The company secured $300M in funding for the MV-75 program and expects potential delays. Textron Systems grew 16%, led by defense contracts. Industrial segment revenue rose 1%. TXT plans to separate or spin off the Industrial segment within 12-18 months.

Textron's Bell unit won an $114.7M Navy contract to upgrade Marine helicopters. The deal includes parts, materials, and installations for AH-1Z and UH-1Y models. Textron (TXT) is the parent company.