Rep. Gilbert Ray Cisneros, Jr. Buys ITT Inc. (NYSE:ITT) Shares

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of ITT Inc. (NYSE:ITT). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in ITT stock on March 3rd. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Advanced Energy Industries (NASDAQ:AEIS) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 3/27/2026.
• Purchased $15,001 – $50,000 in shares of Fabrinet (NYSE:FN) on 3/27/2026.

ITT Stock Performance

ITT stock traded up $0.54 during midday trading on Friday, hitting $216.34. 1,053,134 shares of the stock traded hands, compared to its average volume of 984,217. The firm has a market cap of $19.34 billion, a P/E ratio of 35.41, a PEG ratio of 2.11 and a beta of 1.32. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.58 and a quick ratio of 2.07. The stock’s fifty day simple moving average is $195.09 and its 200-day simple moving average is $184.96. ITT Inc. has a 1-year low of $120.81 and a 1-year high of $218.99.

ITT (NYSE:ITT) last released its quarterly earnings results on Thursday, February 5th. The conglomerate reported $1.85 EPS for the quarter, beating the consensus estimate of $1.79 by $0.06. The company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.01 billion. ITT had a net margin of 12.39% and a return on equity of 17.74%. The firm’s revenue was up 13.5% on a year-over-year basis. During the same quarter last year, the business earned $1.50 earnings per share. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. On average, analysts expect that ITT Inc. will post 6.51 earnings per share for the current year.

ITT Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 6th. Investors of record on Friday, March 6th were given a dividend of $0.386 per share. This is a boost from ITT’s previous quarterly dividend of $0.35. This represents a $1.54 annualized dividend and a yield of 0.7%. The ex-dividend date was Friday, March 6th. ITT’s dividend payout ratio (DPR) is 25.20%.

Analysts Set New Price Targets

Several analysts recently commented on ITT shares. DA Davidson set a $245.00 price target on shares of ITT in a research report on Monday, February 9th. Stifel Nicolaus lifted their target price on shares of ITT from $218.00 to $228.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Wall Street Zen upgraded shares of ITT from a “hold” rating to a “buy” rating in a research report on Monday, March 2nd. The Goldman Sachs Group initiated coverage on shares of ITT in a research report on Tuesday, March 31st. They issued a “buy” rating and a $270.00 target price on the stock. Finally, KeyCorp raised their price target on shares of ITT from $215.00 to $230.00 and gave the stock an “overweight” rating in a research note on Friday, February 6th. Ten investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, ITT has an average rating of “Moderate Buy” and a consensus target price of $225.55.

Hedge Funds Weigh In On ITT

Several institutional investors and hedge funds have recently bought and sold shares of ITT. Capital International Investors raised its stake in shares of ITT by 3.0% in the 4th quarter. Capital International Investors now owns 8,797,165 shares of the conglomerate’s stock valued at $1,526,421,000 after acquiring an additional 258,936 shares during the period. Vanguard Group Inc. raised its stake in shares of ITT by 7.9% in the 4th quarter. Vanguard Group Inc. now owns 8,460,467 shares of the conglomerate’s stock valued at $1,467,976,000 after acquiring an additional 620,217 shares during the period. State Street Corp raised its stake in shares of ITT by 7.4% in the 4th quarter. State Street Corp now owns 2,546,710 shares of the conglomerate’s stock valued at $441,880,000 after acquiring an additional 175,367 shares during the period. Geode Capital Management LLC raised its stake in shares of ITT by 15.6% in the 4th quarter. Geode Capital Management LLC now owns 1,614,929 shares of the conglomerate’s stock valued at $280,267,000 after acquiring an additional 217,360 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of ITT by 55,929.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,518,405 shares of the conglomerate’s stock valued at $263,458,000 after acquiring an additional 1,515,695 shares during the period. 91.59% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Luca Savi sold 63,450 shares of the business’s stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $190.69, for a total value of $12,099,280.50. Following the sale, the chief executive officer directly owned 262,354 shares of the company’s stock, valued at approximately $50,028,284.26. The trade was a 19.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.47% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About ITT

ITT Inc is a diversified industrial manufacturing company that designs, manufactures and services mission-critical components and systems for global markets. Its engineered solutions support applications in aerospace, defense, transportation, energy and industrial automation. The company focuses on delivering high-performance products that enable reliable fluid handling, precision motion control and robust connectivity in demanding environments.

The company’s operations are organized into three segments: Motion Technologies, which provides precision components and aftermarket repair services for aircraft engines and industrial turbines; Connect & Control Technologies, which offers specialty valves, couplings, seals and proximity sensors for fuel, hydraulics and environmental control systems; and Fluid & Motion Control, which delivers pumps, heat exchangers and fluid management solutions for oil and gas, chemical processing and power generation.