5 Industrial Stocks to Buy Today According to Mario Gabelli’s GAMCO Investors

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In this piece, we will take a look at the five industrial stocks to buy today according to Mario Gabelli’s GAMCO Investors. If you need more details about the investment firm, its founder, and additional industrial stocks, then head on over to 10 Industrial Stocks to Buy Today According to Mario Gabelli’s GAMCO Investors.

5. Textron Inc. (NYSE:TXT)

GAMCO Investors’ Stake Value: $148 million

Percentage of GAMCO Investors’ 13F Portfolio: 1.27%

Number of Hedge Fund Holders: 35

Textron Inc. (NYSE:TXT) is a diversified company that targets the industrial, defense, aerospace, and financial sectors. Its industrial division sells products such as plastic tanks and fuel systems for a wide variety of users.

Textron Inc. (NYSE:TXT) had raked in $3 billion in revenue and $0.94 in non-GAAP EPS for its fiscal fourth quarter, in a poor set of results that missed analyst estimates for both the metrics. The company received an order for up to 30 Cessna jets in April 2022 from an aviation company.

Mr. Gabelli’s hedge fund had a $148 million stake in Textron Inc. (NYSE:TXT) by the end of Q4 2021. This came through the firm owning 1.9 million shares and represented 1.27% of the firm’s investment portfolio. Insider Monkey’s poll of 924 hedge funds during the same time period revealed that 35 had owned the company’s shares.

Phill Gross and Robert Atchinson’s Adage Capital Management is Textron Inc. (NYSE:TXT)’s largest investor. It owns a $339 million stake that comes via 4.3 million shares.



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