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flag Textron Inc. reported strong earnings despite major investors reducing their stakes.

flag Textron Inc., an aerospace and defense company, saw two major investors, Sigma Planning Corp and Mutual of America Capital Management LLC, reduce their stakes by 23.1% and 4.5% respectively in the first quarter. flag Textron reported strong earnings of $1.28 per share, beating analysts' estimates. flag The company operates in aircraft, defense, industrial, and finance sectors and has a market cap of $15.34 billion. flag Despite reduced stakes, analysts maintain a "Moderate Buy" rating with a price target of $89.33.

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