State Street Corp Raises Stock Position in Textron Inc. $TXT

State Street Corp increased its stake in Textron Inc. by 0.9% in the second quarter, bringing its total holdings to 9.83 million shares valued at approximately $902 million. Other institutional investors like BlackRock Inc. also acquired significant stakes. Textron reported strong quarterly earnings of $1.62 per share, exceeding consensus estimates, and guided for fiscal 2026 earnings between $6.40 and $6.60 per share, while analysts maintain a "Hold" rating with a $102.44 price target.