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

19 Feb 21
17 Apr 21
2 Jan 22
Quarter (USD)
Jan 21 Oct 20 Jul 20 Apr 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) 2.25B 2.25B 2.25B 2.25B 2.25B 2.25B
Cash burn (monthly) 138.67M (positive/no burn) (positive/no burn) 182.83M (positive/no burn) (positive/no burn)
Cash used (since last report) 485.99M n/a n/a 640.78M n/a n/a
Cash remaining 1.77B n/a n/a 1.61B n/a n/a
Runway (months of cash) 12.8 n/a n/a 8.8 n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
31 Mar 21 Ziemer James L Deferred Stock Units Common Stock Grant Aquire A No No 50.669 130.999 6.64K 82,009.797
31 Mar 21 Zuber Maria T Deferred Stock Units Common Stock Grant Aquire A No No 50.669 251.02 12.72K 11,198.168
1 Mar 21 Scott C Donnelly Common Stock Payment of exercise Dispose F No No 51.56 26,541 1.37M 670,505
1 Mar 21 Scott C Donnelly Common Stock Grant Aquire A No No 0 56,861 0 697,046
1 Mar 21 Scott C Donnelly Employee Stock Option Common Stock Grant Aquire A No No 51.56 200,108 10.32M 200,108
1 Mar 21 Frank T Connor Common Stock Payment of exercise Dispose F No No 51.56 7,633 393.56K 147,489
1 Mar 21 Frank T Connor Common Stock Grant Aquire A No No 0 16,766 0 155,122
1 Mar 21 Frank T Connor Employee Stock Option Common Stock Grant Aquire A No No 51.56 59,005 3.04M 59,005
1 Mar 21 E Robert Lupone Common Stock Payment of exercise Dispose F No No 51.56 2,425 125.03K 93,426
1 Mar 21 E Robert Lupone Common Stock Grant Aquire A No No 0 7,448 0 95,851

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

85.2% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 441 399 +10.5%
Opened positions 80 55 +45.5%
Closed positions 38 56 -32.1%
Increased positions 126 112 +12.5%
Reduced positions 146 141 +3.5%
13F shares
Current Prev Q Change
Total value 9.34B 7.39B +26.5%
Total shares 193.35M 195.66M -1.2%
Total puts 299.8K 403.8K -25.8%
Total calls 358.59K 301K +19.1%
Total put/call ratio 0.8 1.3 -37.7%
Largest owners
Shares Value Change
TROW T. Rowe Price 35.13M $1.7B +0.0%
Vanguard 23.77M $1.15B -1.5%
BLK Blackrock 17.03M $822.88M -3.1%
IVZ Invesco 13.81M $667.54M -4.8%
STT State Street 10.01M $483.84M -1.2%
PZN Pzena Investment Management 7.81M $377.51M +15.5%
Victory Capital Management 6.76M $326.72M -0.3%
Primecap Management 6.42M $310.15M -1.4%
Boston Partners 6.31M $304.75M +0.1%
LSV Asset Management 4.67M $225.91M -7.5%
Largest transactions
Shares Bought/sold Change
Holocene Advisors 0 -1.56M EXIT
PZN Pzena Investment Management 7.81M +1.05M +15.5%
IVZ Invesco 13.81M -699.43K -4.8%
BAC Bank Of America 1.13M -676.19K -37.5%
Rothschild & Co Asset Management Us 1.14M +579.82K +103.2%
BLK Blackrock 17.03M -543.41K -3.1%
GROW U.S. Global Investors 1.89M +501.54K +36.2%
JPM JPMorgan Chase & Co. 345.04K -456.69K -57.0%
BNS Bank Of Nova Scotia 454.32K +447.99K +7076.2%
LSV Asset Management 4.67M -377.88K -7.5%

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
H.S. freshman Avg
New words: abnormally, absorption, accommodate, addressed, allegedly, anniversary, Assault, bargaining, belong, black, Canada, career, ceased, cessation, confront, conserve, contact, contesting, culture, CWC, decision, deferral, dignity, disease, distancing, downturn, explicit, FAA, feel, fit, flown, FVL, goal, governmental, great, healthy, idle, inactive, infection, injury, insignificant, jurisdiction, jury, leadership, led, legacy, LIBOR, metric, monthly, Montreal, motion, necessarily, necessitate, Noncash, notice, OEM, online, onset, opposed, outbreak, outreach, pandemic, path, percent, phase, pool, portal, privacy, pulse, quarantine, reactivated, ready, recertification, reinforce, reopened, repaid, repay, safe, slowdown, slowly, social, spread, stabilization, STEM, strong, stronger, surrender, suspected, swap, tailored, talent, talented, temporarily, tracing, tracked, travel, troubled, Unexpected, University, unprecedented, verdict, weak, widespread, workplace, worsen
Removed: ACAT, acceleration, accessing, accomplish, add, Aeronautical, affiliated, affordable, Alterra, Armed, Armoured, ASU, ASV, AVCOAT, Bearcat, BHTMRP, borrow, British, Cadillac, Canister, CAP, capitalization, Cargomaster, charter, Clairity, CLAW, closing, Commando, comprise, CUSV, Delaware, designate, detailed, determinant, disclosed, discretionary, DoD, domestically, Eclipse, El, employer, Euro, exploration, extremely, FASB, Firecat, foregoing, FOREVER, founded, Fury, Gage, GSE, HAULER, Hemisphere, Improving, integral, INTELLIBRAKE, Japan, Knight, leasing, leverage, LF, lowering, Lynx, McCauley, MCS, merger, MISSIONLINK, Motorfist, MRO, MudPro, Mustang, NASDAQ, NGCC, NightWarden, Odyssey, Osprey, Pantera, Patrol, petroleum, pound, premium, ProFlight, ProPropeller, prospectively, Prowler, RAP, REALCue, REALFeel, realizing, recognizing, refine, reincorporated, remeasure, reverse, rotary, RXV, Scorpion, size, Sno, SP, speed, Speedrack, Stampede, step, sterling, Suite, SuperCobra, Synturian, TAPV, tender, Thundercat, Tigre, traditionally, transactional, transition, trebled, TRUCKSTER, TRUESET, TRV, TTx, unchanged, uncollectable, vigorously, weapon, Wildcat, Wolverine, ZR

Patents

GRANT
Design
Tambour door
13 Apr 21
Inventors: Michael Scott Robinson, Joshua Phillip DeDonder, Todd Alan Thisius
GRANT
Utility
Anti-tail buffet system
13 Apr 21
An anti-tail buffet device leverages existing rotorcraft components to attenuate a tailboom's lateral “ringing” from air buffeting.
GRANT
Utility
Hot-swappable hybrid APU for aircraft
13 Apr 21
A distributed auxiliary-power-unit (APU) system for an aircraft includes one or more battery modules for storing electrical power, and a plurality of racks distributed throughout the aircraft for receiving the one or more battery modules to electrically connect with an electrical subsystem of the aircraft.
GRANT
Utility
System and method for maintaining and configuring rotorcraft
13 Apr 21
In an embodiment, a method includes: collecting usage and maintenance data for a rotorcraft at a computer of the rotorcraft; sending the usage and maintenance data to a fleet management server; generating individualized equipment data for the rotorcraft according to the usage and maintenance data at the fleet management server, the individualized equipment data including a lightweight digital representation of the rotorcraft and technical publications for the rotorcraft, the lightweight digital representation including mesh-based 3D visualizations of each component of the rotorcraft, the technical publications having views referencing the mesh-based 3D visualizations; sending the individualized equipment data to the computer of the rotorcraft; and persisting the individualized equipment data at the computer of the rotorcraft.
GRANT
Utility
Oscillatory monitor
13 Apr 21
A method for monitoring an oscillatory signal from an oscillating device includes filtering the oscillatory signal to within a desired frequency band to provide a filtered signal and extracting an amplitude from the filtered signal.