Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of ITT Inc. (NYSE:ITT)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of ITT Inc. (NYSE:ITT). In a filing disclosed on October 12th, the Representative disclosed that they had sold between $15,001 and $50,000 in ITT stock on September 21st. 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):

• Purchased $15,001 – $50,000 in shares of Benchmark Electronics (NYSE:BHE) on 10/1/2026.
• Sold $1,001 – $15,000 in shares of Oxford Industries (NYSE:OXM) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 9/29/2026.
• Sold $15,001 – $50,000 in shares of ITT (NYSE:ITT) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Tandem Diabetes Care (NASDAQ:TNDM) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Cytokinetics (NASDAQ:CYTK) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Ultragenyx Pharmaceutical (NASDAQ:RARE) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of YETI (NYSE:YETI) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of AtriCure (NASDAQ:ATRC) on 9/29/2026.

ITT Stock Performance

NYSE ITT opened at $201.54 on Wednesday. The firm’s 50 day simple moving average is $206.12 and its 200 day simple moving average is $201.29. The firm has a market capitalization of $18.02 billion, a price-to-earnings ratio of 39.52, a P/E/G ratio of 1.65 and a beta of 1.25. The company has a current ratio of 1.26, a quick ratio of 0.85 and a debt-to-equity ratio of 0.60. ITT Inc. has a 1 year low of $166.96 and a 1 year high of $230.32.

ITT (NYSE:ITT) last announced its quarterly earnings data on Thursday, August 6th. The conglomerate reported $2.08 EPS for the quarter, beating the consensus estimate of $1.92 by $0.16. ITT had a net margin of 8.90% and a return on equity of 15.90%. The business had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same period in the previous year, the business earned $1.64 earnings per share. The company’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, research analysts expect that ITT Inc. will post 8.25 earnings per share for the current fiscal year.

ITT Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, October 5th. Investors of record on Tuesday, September 8th were given a dividend of $0.3860 per share. The ex-dividend date was Tuesday, September 8th. This represents a $1.54 annualized dividend and a dividend yield of 0.8%. ITT’s dividend payout ratio (DPR) is currently 30.20%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. DA Davidson raised their target price on ITT from $255.00 to $265.00 and gave the company a “buy” rating in a report on Tuesday, August 11th. Weiss Ratings raised ITT from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Stifel Nicolaus upped their price objective on ITT from $246.00 to $250.00 and gave the stock a “buy” rating in a research report on Monday, July 20th. KeyCorp upped their price objective on ITT from $250.00 to $263.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $273.00 price objective on shares of ITT in a research note on Friday, August 7th. Eight analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, ITT currently has an average rating of “Moderate Buy” and a consensus price target of $259.56.

Insider Buying and Selling

In other ITT news, CEO Luca Savi bought 5,019 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The shares were acquired at an average cost of $199.56 per share, for a total transaction of $1,001,591.64. Following the transaction, the chief executive officer directly owned 267,373 shares in the company, valued at approximately $53,356,955.88. This represents a 1.91% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Graziano De sold 700 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $214.54, for a total transaction of $150,178.00. Following the sale, the chief accounting officer directly owned 7,159 shares in the company, valued at $1,535,891.86. The trade was a 8.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.88% of the stock is owned by company insiders.

Institutional Investors Weigh In On ITT

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in ITT in the second quarter valued at about $28,000. Trust Co. of Vermont bought a new stake in shares of ITT during the second quarter worth about $33,000. Bayban bought a new stake in shares of ITT during the fourth quarter worth about $31,000. Transamerica Financial Advisors LLC acquired a new position in shares of ITT in the second quarter valued at approximately $43,000. Finally, Ascentis Independent Advisors acquired a new position in shares of ITT in the first quarter valued at approximately $42,000. 91.59% of the stock is owned by institutional investors.

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 (NYSE: ITT) is a global manufacturer of highly engineered components and technologies serving the transportation, energy, industrial, infrastructure, and aerospace and defense markets. The company develops products designed to support critical applications where reliability, performance, and safety are essential.

ITT operates through three principal business segments: Motion Technologies, Industrial Process, and Connect & Control Technologies. Its products include brake pads and friction materials, shock absorbers, pumps, valves, monitoring and control systems, connectors, switches, and other specialized components.