Mackenzie Financial Corp Increases Stake in Textron Inc.

Aerospace company sees 22.1% increase in shares held by Canadian investment firm

Mar. 13, 2026 at 10:05am

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Mackenzie Financial Corp, a Canadian investment management firm, increased its stake in Textron Inc. (NYSE:TXT) by 22.1% in the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. Mackenzie Financial now owns approximately 553,027 shares of the aerospace company's stock, valued at around $46.7 million.

Why it matters

Textron is a major player in the aerospace and defense industries, producing aircraft, defense systems, and industrial products. The increase in Mackenzie Financial's stake suggests the investment firm sees long-term growth potential in Textron's business and is betting on the company's continued success.

The details

According to the 13F filing, Mackenzie Financial purchased an additional 100,129 shares of Textron during the third quarter, bringing its total ownership to approximately 0.31% of the company's outstanding stock. The investment firm cited Textron's strong market position, diversified product portfolio, and growth prospects as reasons for increasing its stake.

  • Mackenzie Financial increased its stake in Textron during the third quarter of 2026.

The players

Mackenzie Financial Corp

A Canadian investment management firm that has increased its stake in Textron Inc., a major aerospace and defense company.

Textron Inc.

An American multinational conglomerate that designs, manufactures, and sells aircraft, defense systems, and industrial products.

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The takeaway

Textron's strong performance and growth prospects continue to attract the attention of major institutional investors like Mackenzie Financial, underscoring the company's importance in the aerospace and defense industries.