Seaport Res Ptn Issues Positive Outlook for Itron Earnings

Itron, Inc. (NASDAQ:ITRI) – Equities researchers at Seaport Res Ptn lifted their Q1 2026 earnings per share (EPS) estimates for Itron in a note issued to investors on Friday, October 31st. Seaport Res Ptn analyst S. Graham now forecasts that the scientific and technical instruments company will earn $1.40 per share for the quarter, up from their prior estimate of $1.37. The consensus estimate for Itron’s current full-year earnings is $5.33 per share. Seaport Res Ptn also issued estimates for Itron’s Q2 2026 earnings at $1.52 EPS, Q3 2026 earnings at $1.64 EPS, Q4 2026 earnings at $1.57 EPS and FY2026 earnings at $6.13 EPS.

Itron (NASDAQ:ITRI) last released its quarterly earnings data on Thursday, October 30th. The scientific and technical instruments company reported $1.54 EPS for the quarter, beating analysts’ consensus estimates of $1.48 by $0.06. Itron had a return on equity of 19.69% and a net margin of 11.05%.The firm had revenue of $581.63 million for the quarter, compared to analysts’ expectations of $578.49 million. During the same period in the prior year, the firm posted $1.84 earnings per share. The firm’s quarterly revenue was down 5.5% on a year-over-year basis. Itron has set its FY 2025 guidance at 6.840-6.940 EPS. Q4 2025 guidance at 2.150-2.250 EPS.

Other research analysts have also recently issued reports about the company. Baird R W cut Itron from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 31st. Roth Capital upped their price target on Itron from $130.00 to $150.00 and gave the stock a “buy” rating in a research note on Tuesday, July 22nd. Wall Street Zen upgraded Itron from a “hold” rating to a “buy” rating in a research note on Saturday. Argus restated a “hold” rating on shares of Itron in a research note on Tuesday. Finally, Robert W. Baird restated a “neutral” rating and set a $118.00 price target (down from $137.00) on shares of Itron in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $139.00.

Itron Trading Down 0.2%

ITRI opened at $106.56 on Monday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.75 and a current ratio of 2.04. The business’s 50 day moving average price is $123.97 and its 200 day moving average price is $123.30. Itron has a one year low of $90.11 and a one year high of $142.00. The stock has a market capitalization of $4.87 billion, a PE ratio of 18.22, a P/E/G ratio of 0.76 and a beta of 1.48.

Hedge Funds Weigh In On Itron

Several large investors have recently bought and sold shares of ITRI. Twin Peaks Wealth Advisors LLC purchased a new position in Itron in the second quarter valued at $30,000. Bessemer Group Inc. increased its holdings in Itron by 125.7% in the second quarter. Bessemer Group Inc. now owns 255 shares of the scientific and technical instruments company’s stock valued at $34,000 after buying an additional 142 shares during the last quarter. Salomon & Ludwin LLC purchased a new position in Itron in the third quarter valued at $42,000. Wayfinding Financial LLC purchased a new position in Itron in the first quarter valued at $45,000. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in Itron by 343.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 346 shares of the scientific and technical instruments company’s stock valued at $46,000 after buying an additional 268 shares during the last quarter. Hedge funds and other institutional investors own 96.19% of the company’s stock.

Insider Buying and Selling at Itron

In other news, SVP Christopher E. Ware sold 351 shares of the company’s stock in a transaction on Monday, August 25th. The stock was sold at an average price of $125.31, for a total transaction of $43,983.81. Following the sale, the senior vice president owned 19,117 shares of the company’s stock, valued at approximately $2,395,551.27. This represents a 1.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Justin K. Patrick sold 388 shares of the company’s stock in a transaction on Monday, August 25th. The stock was sold at an average price of $125.31, for a total value of $48,620.28. Following the sale, the senior vice president directly owned 20,761 shares in the company, valued at $2,601,560.91. This represents a 1.83% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 3,037 shares of company stock valued at $380,566. Insiders own 1.45% of the company’s stock.

About Itron

Itron, Inc, a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in three segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products.