Bull Harbor Capital LLC Takes $946,000 Position in ITT Inc. $ITT

Bull Harbor Capital LLC purchased a new stake in ITT Inc. (NYSE:ITT) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 4,963 shares of the conglomerate’s stock, valued at approximately $946,000.

Other hedge funds have also recently bought and sold shares of the company. Amundi grew its holdings in ITT by 22,565.6% in the 1st quarter. Amundi now owns 7,253 shares of the conglomerate’s stock valued at $867,000 after buying an additional 7,221 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in ITT by 7.4% during the first quarter. Goldman Sachs Group Inc. now owns 418,238 shares of the conglomerate’s stock worth $54,020,000 after purchasing an additional 28,937 shares during the last quarter. Empowered Funds LLC bought a new position in ITT in the 1st quarter valued at approximately $360,000. Focus Partners Wealth raised its position in ITT by 80.7% in the first quarter. Focus Partners Wealth now owns 7,871 shares of the conglomerate’s stock valued at $1,017,000 after purchasing an additional 3,515 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new position in shares of ITT during the second quarter valued at $1,880,000. 91.59% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Robert W. Baird set a $246.00 price target on ITT in a research note on Thursday, May 7th. Wall Street Zen downgraded shares of ITT from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Wolfe Research raised ITT from a “peer perform” rating to an “outperform” rating and set a $229.00 target price for the company in a research report on Thursday, July 9th. Stifel Nicolaus upped their price target on shares of ITT from $246.00 to $250.00 and gave the company a “buy” rating in a research note on Monday, July 20th. Finally, Barclays boosted their target price on shares of ITT from $210.00 to $230.00 and gave the company an “equal weight” rating in a report on Thursday, May 7th. Eleven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $234.75.

Insiders Place Their Bets

In related news, insider Lori B. Marino sold 7,123 shares of the company’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $208.27, for a total value of $1,483,507.21. Following the completion of the transaction, the insider directly owned 8,729 shares in the company, valued at approximately $1,817,988.83. The trade was a 44.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Mesa Graziano Cheryl De sold 200 shares of the stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $208.41, for a total value of $41,682.00. Following the completion of the transaction, the chief accounting officer directly owned 7,859 shares in the company, valued at approximately $1,637,894.19. This represents a 2.48% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.88% of the company’s stock.

ITT News Roundup

Here are the key news stories impacting ITT this week:

• Positive Sentiment: Analysts still expect ITT’s earnings to grow, with the consensus forecast calling for approximately $7.89 in current-year EPS and $8.99 in FY2027 EPS. What is Zacks Research’s Estimate for ITT FY2028 Earnings?
• Neutral Sentiment: ITT is expected to report quarterly results next Thursday. The release could provide a near-term catalyst as investors assess whether strong earnings growth and the company’s FY2026 guidance of $7.70-$8.00 EPS remain achievable. ITT Expected to Post Earnings on Thursday
• Negative Sentiment: Zacks said ITT lacks the combination of positive earnings surprises and upward estimate revisions that typically supports a likely earnings beat. That may limit enthusiasm heading into the report. ITT Earnings Expected to Grow
• Negative Sentiment: Zacks Research made a series of small downward revisions, including reducing FY2026 EPS to $7.87 from $7.88 and FY2027 EPS to $8.99 from $9.03. Quarterly estimates for Q2 2027 through Q2 2028 were also trimmed, signaling slightly softer expectations. ITT analyst estimate revisions
• Negative Sentiment: A valuation-focused report characterized ITT as overvalued despite a high GF Score of 91 out of 100. The stock’s elevated valuation increases its sensitivity to any earnings miss or cautious outlook. ITT Stock Down but Still Overvalued

ITT Price Performance

ITT stock opened at $192.95 on Friday. The stock has a market cap of $17.25 billion, a price-to-earnings ratio of 34.03, a PEG ratio of 1.80 and a beta of 1.27. The company has a quick ratio of 1.01, a current ratio of 1.53 and a debt-to-equity ratio of 0.71. The business has a 50-day simple moving average of $193.06 and a 200 day simple moving average of $196.17. ITT Inc. has a 52 week low of $157.66 and a 52 week high of $225.26.

ITT (NYSE:ITT) last issued its quarterly earnings results on Wednesday, May 6th. The conglomerate reported $1.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.77 by $0.21. ITT had a return on equity of 16.83% and a net margin of 10.80%.The firm had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter last year, the company posted $1.45 EPS. The company’s revenue for the quarter was up 32.7% on a year-over-year basis. ITT has set its FY 2026 guidance at 7.700-8.000 EPS. On average, research analysts forecast that ITT Inc. will post 7.89 earnings per share for the current fiscal year.

ITT Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Monday, June 8th were given a dividend of $0.386 per share. The ex-dividend date was Monday, June 8th. This represents a $1.54 annualized dividend and a dividend yield of 0.8%. ITT’s dividend payout ratio (DPR) is 27.16%.

ITT Profile

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.