ITT (NYSE:ITT) Updates FY 2026 Earnings Guidance

ITT (NYSE:ITT) issued an update on its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 8.120-8.320 for the period, compared to the consensus EPS estimate of 7.920. The company issued revenue guidance of -.

ITT Price Performance

ITT stock traded up $21.45 during trading hours on Thursday, hitting $225.53. 789,972 shares of the company traded hands, compared to its average volume of 924,821. ITT has a 1-year low of $164.00 and a 1-year high of $230.32. The firm has a market cap of $20.16 billion, a P/E ratio of 40.10, a P/E/G ratio of 1.93 and a beta of 1.27. The firm’s 50-day simple moving average is $193.37 and its two-hundred day simple moving average is $196.68. The company has a quick ratio of 1.01, a current ratio of 1.53 and a debt-to-equity ratio of 0.71.

ITT (NYSE:ITT) last posted its quarterly earnings data on Thursday, August 6th. The conglomerate reported $2.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.92 by $0.16. ITT had a net margin of 10.80% and a return on equity of 16.83%. The business had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.39 billion. During the same period last year, the firm posted $1.64 earnings per share. The business’s revenue was up 51.5% on a year-over-year basis. ITT has set its FY 2026 guidance at 8.120-8.320 EPS. As a group, analysts forecast that ITT will post 7.89 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on ITT shares. Robert W. Baird set a $246.00 price objective on ITT in a research report on Thursday, May 7th. Weiss Ratings cut ITT from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, May 13th. DA Davidson upped their price objective on shares of ITT from $245.00 to $255.00 and gave the company a “buy” rating in a research note on Monday, May 11th. Barclays boosted their price target 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. Finally, Wall Street Zen cut shares of ITT from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Eleven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, ITT currently has an average rating of “Moderate Buy” and an average price target of $234.75.

Insider Buying and Selling at ITT

In other news, insider Lori B. Marino sold 7,123 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $208.27, for a total transaction of $1,483,507.21. Following the completion of the sale, the insider owned 8,729 shares in the company, valued at approximately $1,817,988.83. This represents a 44.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.88% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On ITT

Several hedge funds and other institutional investors have recently made changes to their positions in ITT. Toronto Dominion Bank increased its position in shares of ITT by 2.2% during the fourth quarter. Toronto Dominion Bank now owns 2,481 shares of the conglomerate’s stock worth $430,000 after purchasing an additional 53 shares in the last quarter. Parkside Financial Bank & Trust boosted its position in shares of ITT by 62.8% in the 4th quarter. Parkside Financial Bank & Trust now owns 197 shares of the conglomerate’s stock worth $34,000 after purchasing an additional 76 shares in the last quarter. Rafferty Asset Management LLC grew its stake in ITT by 5.9% during the 4th quarter. Rafferty Asset Management LLC now owns 1,428 shares of the conglomerate’s stock worth $248,000 after buying an additional 80 shares during the last quarter. Glenmede Investment Management LP grew its stake in ITT by 1.0% during the 3rd quarter. Glenmede Investment Management LP now owns 8,866 shares of the conglomerate’s stock worth $1,585,000 after buying an additional 84 shares during the last quarter. Finally, Magnolia Capital Advisors LLC increased its position in ITT by 6.2% during the 4th quarter. Magnolia Capital Advisors LLC now owns 1,620 shares of the conglomerate’s stock valued at $281,000 after buying an additional 95 shares in the last quarter. 91.59% of the stock is owned by institutional investors and hedge funds.

ITT Company 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.