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Vanguard Group Inc. Sells 510,401 Shares of Textron Inc. $TXT
Vanguard Group Inc. reduced its stake in Textron Inc. (NYSE:TXT) by 2.4% in the third quarter, selling over 510,000 shares but still owning approximately 11.85% of the company. Despite missing EPS estimates by a narrow margin, Textron reported strong revenue that beat expectations and provided optimistic FY2026 guidance. Insider selling also occurred, with two executive VPs selling significant shares, while institutional investors generally increased their holdings.