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Illinois Municipal Retirement Fund Cuts Stock Holdings in Textron Inc. $TXT
The Illinois Municipal Retirement Fund reduced its stake in Textron Inc. by 25.9% in the third quarter, selling 20,003 shares and leaving 57,315 shares valued at $4.843 million. Despite this, Wall Street analysts have a “Moderate Buy” consensus rating for Textron with an average target price of $97.20. The company recently reported quarterly EPS of $1.73 on revenues of $4.18 billion, and has provided FY2026 EPS guidance of $6.40–$6.60.