Ituran Location and Control (ITRN) Projected to Post Quarterly Earnings on Tuesday

Ituran Location and Control (NASDAQ:ITRN) is anticipated to announce its Q2 2025 earnings results before the market opens on Tuesday, August 19th. Analysts expect the company to announce earnings of $0.73 per share and revenue of $89.17 million for the quarter.

Ituran Location and Control (NASDAQ:ITRN) last announced its quarterly earnings results on Wednesday, May 28th. The industrial products company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.03. Ituran Location and Control had a net margin of 16.35% and a return on equity of 29.19%. The company had revenue of $86.46 million for the quarter, compared to analysts’ expectations of $88.47 million.

Ituran Location and Control Stock Performance

Shares of ITRN opened at $40.73 on Friday. The stock has a market capitalization of $810.12 million, a PE ratio of 14.65 and a beta of 0.89. The company’s fifty day moving average is $38.86 and its 200 day moving average is $37.29. Ituran Location and Control has a fifty-two week low of $25.86 and a fifty-two week high of $45.43.

Ituran Location and Control Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 2nd. Shareholders of record on Wednesday, June 18th were issued a $0.50 dividend. The ex-dividend date was Wednesday, June 18th. This represents a $2.00 dividend on an annualized basis and a yield of 4.9%. Ituran Location and Control’s payout ratio is currently 71.94%.

Hedge Funds Weigh In On Ituran Location and Control

Hedge funds have recently modified their holdings of the stock. Man Group plc increased its holdings in Ituran Location and Control by 90.8% in the 2nd quarter. Man Group plc now owns 137,657 shares of the industrial products company’s stock worth $5,331,000 after buying an additional 65,502 shares during the period. Qube Research & Technologies Ltd increased its holdings in Ituran Location and Control by 28.1% in the 2nd quarter. Qube Research & Technologies Ltd now owns 108,806 shares of the industrial products company’s stock worth $4,214,000 after buying an additional 23,873 shares during the period. Tidal Investments LLC acquired a new position in Ituran Location and Control in the 2nd quarter worth approximately $625,000. JPMorgan Chase & Co. increased its holdings in Ituran Location and Control by 276.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 17,135 shares of the industrial products company’s stock worth $664,000 after buying an additional 12,586 shares during the period. Finally, First Trust Advisors LP increased its holdings in Ituran Location and Control by 17.1% in the 2nd quarter. First Trust Advisors LP now owns 67,593 shares of the industrial products company’s stock worth $2,618,000 after buying an additional 9,867 shares during the period. Institutional investors and hedge funds own 94.80% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded shares of Ituran Location and Control from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 5th.

Ituran Location and Control Company Profile

Ituran Location and Control Ltd., together with its subsidiaries, provides location based telematics services and machine-to-machine telematics products. It operates through two segments, Telematics Services and Telematics Products. The Telematics services segment offers stolen vehicle recovery and tracking services, which enables to locate, track, and recover stolen vehicles for its subscribers; fleet management services that enable corporate and individual customers to track and manage their vehicles in real time; and locator services that allow customers to protect valuable merchandise and equipment.