Docoh
Loading...

TXT Textron

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
CEO
Scott Donnelly
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
TriumphAARKLX ...
SEC CIK
IRS number
50315468

TXT stock data

(
)

Calendar

29 Apr 21
28 Jul 21
1 Jan 22
Quarter (USD)
Apr 21 Jan 21 Oct 20 Jul 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Jan 21 Jan 20 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Textron earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 2.08B 2.08B 2.08B 2.08B 2.08B 2.08B
Cash burn (monthly) 58.67M 30.67M 833.33M 686.58M (positive/no burn) (positive/no burn)
Cash used (since last report) 223.87M 117.03M 3.18B 2.62B n/a n/a
Cash remaining 1.85B 1.96B -1.1B -542.03M n/a n/a
Runway (months of cash) 31.6 63.9 -1.3 -0.8 n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
30 Jun 21 Zuber Maria T Deferred Stock Units Common Stock Grant Aquire A No No 64.646 196.825 12.72K 11,394.993
30 Jun 21 Ziemer James L Deferred Stock Units Common Stock Grant Aquire A No No 64.646 102.716 6.64K 82,112.513
30 Apr 21 Mark S Bamford Common Stock Sell Dispose S No No 63.36 4,689 297.1K 16,677.17
30 Apr 21 Mark S Bamford Common Stock Option exercise Aquire M No No 28.47 4,689 133.5K 21,366.17
30 Apr 21 Mark S Bamford Common Stock Sell Dispose S No No 63.45 5,849 371.12K 16,677.17
30 Apr 21 Mark S Bamford Common Stock Option exercise Aquire M No No 27.76 5,849 162.37K 22,526.17
30 Apr 21 Mark S Bamford Employee Stock Option - Right to Buy Common Stock Option exercise Dispose M No No 28.47 4,689 133.5K 0
30 Apr 21 Mark S Bamford Employee Stock Option - Right to Buy Common Stock Option exercise Dispose M No No 27.76 5,849 162.37K 0
30 Apr 21 E Robert Lupone Common Stock Sell Dispose S No No 64.05 34,831 2.23M 93,426
30 Apr 21 E Robert Lupone Common Stock Option exercise Aquire M No No 28.47 34,831 991.64K 128,257

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

84.9% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 429 444 -3.4%
Opened positions 47 83 -43.4%
Closed positions 62 38 +63.2%
Increased positions 106 126 -15.9%
Reduced positions 171 146 +17.1%
13F shares
Current Prev Q Change
Total value 10.74B 9.35B +14.8%
Total shares 191.56M 193.55M -1.0%
Total puts 208.1K 299.8K -30.6%
Total calls 262.2K 358.59K -26.9%
Total put/call ratio 0.8 0.8 -5.1%
Largest owners
Shares Value Change
TROW T. Rowe Price 35.52M $1.99B +1.1%
Vanguard 23.69M $1.33B -0.3%
BLK Blackrock 17.28M $969.33M +1.5%
IVZ Invesco 14.49M $812.51M +4.9%
STT State Street 9.93M $557.21M -0.7%
PZN Pzena Investment Management 8.04M $451.08M +3.0%
Victory Capital Management 7.56M $423.69M +11.8%
Boston Partners 6.85M $384.28M +8.6%
Primecap Management 6.3M $353.23M -1.8%
Geode Capital Management 4.32M $241.55M +4.3%
Largest transactions
Shares Bought/sold Change
GROW U.S. Global Investors 0 -1.89M EXIT
Victory Capital Management 7.56M +794.83K +11.8%
IVZ Invesco 14.49M +676.3K +4.9%
Boston Partners 6.85M +545.16K +8.6%
American Century Companies 2.35M -465.35K -16.5%
BNS Bank Of Nova Scotia 30.36K -423.97K -93.3%
TROW T. Rowe Price 35.52M +392.44K +1.1%
LSV Asset Management 4.29M -379.6K -8.1%
Trinity Street Asset Management 495.95K -364.07K -42.3%
Nuveen Asset Management 1.94M +336.14K +21.0%

Financial report summary

?
Risks
  • Our business is being adversely impacted, and is expected to continue to be adversely impacted, by the coronavirus (COVID-19) pandemic.
  • Demand for our aircraft products is cyclical and lower demand adversely affects our financial results.
  • We have customer concentration with the U.S. Government; reduction in U.S. Government defense spending can adversely affect our results of operations and financial condition.
  • U.S. Government contracts can be terminated at any time and may contain other unfavorable provisions.
  • As a U.S. Government contractor, we are subject to procurement rules and regulations; our failure to comply with these rules and regulations could adversely affect our business.
  • As a U.S. Government contractor, our businesses and systems are subject to audit and review by the Defense Contract Audit Agency (DCAA) and the Defense Contract Management Agency (DCMA).
  • The use of multi-award contracts by the U.S. Government increases competition, pricing pressure and cost.
  • Developing new products and technologies entails significant risks and uncertainties.
  • We have made and may continue to make acquisitions that increase the risks of our business.
  • Our business could be negatively impacted by information technology disruptions and security threats.
  • Failure to perform by our subcontractors or suppliers could adversely affect our performance.
  • We are subject to the risks of doing business in foreign countries that could adversely impact our business.
  • Natural disasters or other events outside of our control may disrupt our operations, adversely affect our results of operations and financial condition, and may not be fully covered by insurance.
  • If our Finance segment has difficulty collecting on its finance receivables, our financial performance could be adversely affected.
  • We periodically need to obtain financing and such financing may not be available to us on satisfactory terms, if at all.
  • Unanticipated changes in our tax rates or exposure to additional income tax liabilities could affect our profitability.
  • We are subject to increasing compliance risks that could adversely affect our operating results.
  • Certain of our products are subject to laws regulating consumer products and could be subject to repurchase or recall as a result of safety issues.
  • Increased regulation related to global climate change could negatively affect our business.
  • We are subject to legal proceedings and other claims.
  • Intellectual property infringement claims of others and the inability to protect our intellectual property rights could harm our business and our customers.
  • Our success is highly dependent on our ability to maintain a qualified workforce.
  • The increasing costs of certain employee and retiree benefits could adversely affect our results.
  • Our business could be adversely affected by strikes or work stoppages and other labor issues.
Content analysis
?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
New words: add, capacity, convert, disposition, Euro, lift, mitigate, Noncash, proposal, recognition, rejected, remeasured, reorganization, satisfied, Sea, swap, vertical
Removed: accomplish, acquisition, addressed, adverse, affecting, age, airline, amplify, appointed, Arctic, ASC, assessment, assuming, ASU, August, authorized, automotive, billed, Board, borrow, borrower, Building, cancellation, case, Cat, chain, closed, closely, collected, collecting, collective, combination, company, comparing, compensatory, complaint, concealing, consumer, continue, continued, court, December, decline, declined, deducting, delay, depend, dependent, designate, deterioration, dilution, directly, disease, disposal, distancing, distribution, District, downturn, effectively, entitled, entity, establish, eventual, exceeded, existence, expectation, expensed, experience, explicit, face, false, flight, flown, Forest, formed, Fuel, fully, Functional, general, globally, goodwill, governmental, guarantee, highly, history, implementing, impose, imposed, inability, increasing, industry, inherently, integration, interbank, investment, IWA, jet, June, Kautex, lawsuit, lead, led, length, likelihood, limit, London, long, maintenance, making, misleading, motion, multiple, November, observed, occurrence, OEM, offering, opportunistically, order, outbreak, page, part, Pennsylvania, persist, physical, plaintiff, pool, practice, predicted, principally, produced, prolonged, protect, purported, realizing, recent, recession, record, recover, recoverable, recovery, recreational, reduced, relevant, remote, reopen, reopened, repossession, repurchasing, request, restatement, resulted, retained, revised, rotorcraft, royalty, security, slowdown, social, Southern, sovereign, specific, spread, standard, subjective, suit, supply, supportable, surrender, transactional, travel, ultimate, uncertain, unconditional, underlying, unemployment, unforeseen, United, Unmanned, unprecedented, unpredictable, unspecified, violated, weak, weight, Western, widespread, work, workforce, worsen, York

Patents

GRANT
Utility
Convertible-couch with concealed convenience features
27 Jul 21
A convertible couch with concealed storage includes an upper seat back, a seat bottom adapted for sliding inwardly for a first mode and sliding outwardly for a second mode, and an articulating seat section between the upper seat back and the seat bottom.
GRANT
Utility
Contouring retractable landing gear systems
27 Jul 21
A retractable landing gear system configured to contour an aircraft fuselage includes a landing wheel having an axle, a wheel rotation strut assembly coupling the landing wheel to the aircraft fuselage and an actuation strut assembly configured to move the wheel rotation strut assembly between various positions including a deployed position and a stowed position.
GRANT
Utility
Low observable aircraft having a unitary lift fan
27 Jul 21
An aircraft operable to transition between thrust-borne lift in a VTOL orientation and wing-borne lift in a forward flight orientation.
GRANT
Utility
Counter torque device
27 Jul 21
Systems and methods include providing an aircraft with a fuselage, a tail boom or empennage extending from the fuselage, a main rotor, a tail rotor, and at least one counter torque device.
GRANT
Utility
Method and system for controlling rotor speeds of rotor systems
27 Jul 21
A method and system to control a rotor system includes providing a controller communicably coupled to the rotor system, and automatically changing a rotor speed of the rotor system from a first rotor speed in a first flight mode to a second rotor speed in a second flight mode over a time period using the controller in accordance with an acceleration-rate profile that varies over the time period.