What is Zacks Research’s Estimate for ITT FY2026 Earnings?

ITT Inc. (NYSE:ITT) – Investment analysts at Zacks Research raised their FY2026 EPS estimates for ITT in a research note issued to investors on Tuesday, September 16th. Zacks Research analyst Team now forecasts that the conglomerate will earn $6.96 per share for the year, up from their prior estimate of $6.95. The consensus estimate for ITT’s current full-year earnings is $6.51 per share. Zacks Research also issued estimates for ITT’s FY2027 earnings at $8.00 EPS.

ITT has been the subject of a number of other research reports. Citigroup reaffirmed a “buy” rating and set a $186.00 price objective (up previously from $159.00) on shares of ITT in a research report on Monday, July 14th. Stifel Nicolaus upped their price objective on shares of ITT from $197.00 to $202.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Bank of America upped their price objective on shares of ITT from $190.00 to $210.00 and gave the company a “buy” rating in a research report on Tuesday. KeyCorp increased their price target on shares of ITT from $192.00 to $200.00 and gave the stock an “overweight” rating in a research report on Friday, September 12th. Finally, UBS Group increased their price target on shares of ITT from $168.00 to $200.00 and gave the stock a “buy” rating in a research report on Tuesday, September 2nd. Nine 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 company currently has a consensus rating of “Moderate Buy” and a consensus target price of $188.11.

ITT Stock Down 1.2%

Shares of ITT opened at $179.62 on Wednesday. The company has a 50-day simple moving average of $166.95 and a 200-day simple moving average of $150.34. The firm has a market capitalization of $14.01 billion, a P/E ratio of 28.24, a P/E/G ratio of 2.24 and a beta of 1.39. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.99 and a current ratio of 1.45. ITT has a 52 week low of $105.64 and a 52 week high of $183.33.

ITT (NYSE:ITT) last released its earnings results on Thursday, July 31st. The conglomerate reported $1.64 earnings per share for the quarter, topping analysts’ consensus estimates of $1.62 by $0.02. The firm had revenue of $972.40 million during the quarter, compared to analyst estimates of $947.48 million. ITT had a net margin of 13.99% and a return on equity of 18.08%. The business’s revenue was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.49 EPS. ITT has set its FY 2025 guidance at 6.350-6.550 EPS.

ITT Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Tuesday, September 2nd will be paid a dividend of $0.351 per share. This represents a $1.40 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, September 2nd. ITT’s dividend payout ratio is currently 22.01%.

Insiders Place Their Bets

In other ITT news, CEO Luca Savi sold 36,385 shares of the company’s stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $164.76, for a total transaction of $5,994,792.60. Following the sale, the chief executive officer directly owned 297,536 shares of the company’s stock, valued at approximately $49,022,031.36. This represents a 10.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.47% of the company’s stock.

Institutional Trading of ITT

Several large investors have recently added to or reduced their stakes in ITT. Financial Gravity Companies Inc. bought a new stake in ITT during the second quarter worth about $27,000. Atlantic Union Bankshares Corp bought a new stake in ITT during the second quarter worth about $34,000. MTM Investment Management LLC bought a new stake in ITT during the second quarter worth about $39,000. Clearstead Trust LLC grew its stake in ITT by 40.0% during the second quarter. Clearstead Trust LLC now owns 350 shares of the conglomerate’s stock worth $55,000 after buying an additional 100 shares during the last quarter. Finally, Versant Capital Management Inc grew its stake in shares of ITT by 3,513.3% during the first quarter. Versant Capital Management Inc now owns 542 shares of the conglomerate’s stock valued at $70,000 after purchasing an additional 527 shares during the last quarter. 91.59% of the stock is owned by institutional investors.

ITT Company Profile

ITT Inc, together with its subsidiaries, manufactures and sells engineered critical components and customized technology solutions for the transportation, industrial, and energy markets in the United States and internationally. The Motion Technologies segment manufactures brake pads, shims, shock absorbers, and energy absorption components; and sealing technologies primarily for the transportation industry, including passenger cars, trucks, light- and heavy-duty commercial and military vehicles, buses, and trains.