Victory Capital Management Inc. Sells Stake in Textron Inc.

Aerospace company's stock ownership reduced by 12.4% in Q3 2025

Mar. 3, 2026 at 8:39am

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Victory Capital Management Inc. has reduced its stake in aerospace company Textron Inc. (NYSE:TXT) by 12.4% in the third quarter of 2025, according to a recent 13F filing with the Securities and Exchange Commission. The firm now owns 4,000,397 shares of Textron's stock, down from 4,566,475 shares previously.

Why it matters

Textron is a major player in the aerospace industry, producing business jets, turboprop aircraft, and other products. Victory Capital Management's decision to reduce its stake in the company could signal a shift in investor sentiment or portfolio strategy, which could impact Textron's stock price and operations.

The details

According to the 13F filing, Victory Capital Management sold 566,078 shares of Textron during the third quarter, reducing its ownership stake to approximately 2.27% of the company's outstanding shares. The firm cited unspecified reasons for the reduction in its Textron holdings.

  • Victory Capital Management filed its 13F report for the third quarter of 2025 on March 3, 2026.

The players

Victory Capital Management Inc.

An investment management firm that owns stakes in various public companies, including Textron Inc.

Textron Inc.

An American aerospace and defense conglomerate that produces business jets, turboprop aircraft, and other products.

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The takeaway

The reduction in Victory Capital Management's Textron holdings could signal a broader shift in investor sentiment towards the aerospace industry or Textron specifically. However, without further details from the firm, it's difficult to determine the exact reasons behind the decision.