Professional
Added to YB: 2024-12-26
Pitch date: 2024-09-30
TXT [bullish]
Textron Inc.
-12.01%
current return
Author Info
No bio for this author
Company Info
Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates through six segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance.
Market Cap
$14.3B
Pitch Price
$87.78
Price Target
N/A
Dividend
0.10%
Sector
Aerospace and Defense
Category
growth
The Gabelli Equity Income Fund Portfolio Holding: Textron Inc.
TXT: Near-duopoly in light/medium business jets, strong post-COVID. Bell introducing new helicopters, won $100B+ Army contract for V-280 tiltrotor. Efficient ops & product dev driving market share gains. Potential long-term merger with larger defense co. Aviation, Bell, systems & industrial segments.
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