
ITT Inc. (NYSE:ITT – Free Report) – Equities research analysts at Zacks Research boosted their FY2026 earnings per share (EPS) estimates for ITT in a research note issued on Thursday, August 27th. Zacks Research analyst Team now expects that the conglomerate will earn $8.27 per share for the year, up from their previous estimate of $7.87. The consensus estimate for ITT’s current full-year earnings is $8.25 per share. Zacks Research also issued estimates for ITT’s Q3 2027 earnings at $2.43 EPS, FY2027 earnings at $9.08 EPS, Q1 2028 earnings at $2.47 EPS, Q2 2028 earnings at $2.62 EPS and FY2028 earnings at $10.53 EPS.
Several other equities analysts also recently weighed in on the stock. Weiss Ratings downgraded shares of ITT from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, August 21st. Robert W. Baird set a $246.00 price objective on shares of ITT in a report on Thursday, May 7th. Stifel Nicolaus lifted their price objective 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. Citigroup boosted their target price on shares of ITT from $254.00 to $267.00 and gave the company a “buy” rating in a report on Friday, August 7th. Finally, DA Davidson increased their target price on ITT from $255.00 to $265.00 and gave the stock a “buy” rating in a research report on Tuesday, August 11th. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $241.08.
ITT Trading Down 1.3%
Shares of ITT stock opened at $200.33 on Monday. The stock has a market capitalization of $17.91 billion, a P/E ratio of 39.28, a P/E/G ratio of 1.66 and a beta of 1.27. ITT has a 52-week low of $166.96 and a 52-week high of $230.32. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.85 and a current ratio of 1.26. The stock’s 50-day simple moving average is $200.20 and its 200 day simple moving average is $199.70.
ITT (NYSE:ITT – Get Free Report) last released its earnings results on Thursday, August 6th. The conglomerate reported $2.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.92 by $0.16. ITT had a return on equity of 15.90% and a net margin of 8.90%.The business had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same period last year, the business posted $1.64 earnings per share. The business’s revenue for the quarter was up 51.5% on a year-over-year basis. ITT has set its FY 2026 guidance at 8.120-8.320 EPS.
Institutional Trading of ITT
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Oppenheimer Asset Management Inc. bought a new stake in ITT during the second quarter valued at approximately $2,285,000. Diversified Trust Co purchased a new position in ITT in the 1st quarter worth approximately $2,478,000. TimesSquare Capital Management LLC increased its holdings in shares of ITT by 10.3% in the 4th quarter. TimesSquare Capital Management LLC now owns 226,700 shares of the conglomerate’s stock worth $39,335,000 after buying an additional 21,200 shares during the last quarter. Payden & Rygel raised its position in shares of ITT by 34.7% during the 4th quarter. Payden & Rygel now owns 112,500 shares of the conglomerate’s stock valued at $19,520,000 after buying an additional 29,000 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC raised its position in shares of ITT by 15.8% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 110,200 shares of the conglomerate’s stock valued at $21,264,000 after buying an additional 15,004 shares in the last quarter. Institutional investors own 91.59% of the company’s stock.
Insider Activity
In other news, CAO Mesa Graziano Cheryl De sold 700 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $214.54, for a total value of $150,178.00. Following the completion of the transaction, the chief accounting officer directly owned 7,159 shares in the company, valued at approximately $1,535,891.86. This trade represents a 8.91% 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. Insiders own 0.88% of the company’s stock.
ITT Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, October 5th. Stockholders of record on Tuesday, September 8th will be issued a $0.386 dividend. This represents a $1.54 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, September 8th. ITT’s dividend payout ratio is presently 30.20%.
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.
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