Mario Gabelli Stock Portfolio: 5 Top Stock Picks

4. Textron Inc. (NYSE:TXT)

Number of Hedge Fund Holders: 28   

Textron Inc. (NYSE:TXT) operates as an aerospace and defense firm. GAMCO Investors, as of the end of September 2023, owned over 1.6 million shares of the company worth $131 million, representing 1.52% of the portfolio. 

On October 31, investment advisory Barclays maintained an Overweight rating on Textron Inc. (NYSE:TXT) stock and raised the price target to $90 from $85. 

At the end of the second quarter of 2023, 28 hedge funds in the database of Insider Monkey held stakes worth $494 million in Textron Inc. (NYSE:TXT), up from 25 in the previous quarter worth $443 million.