Seaport Res Ptn Issues Positive Outlook for Itron Earnings

Itron, Inc. (NASDAQ:ITRI) – Investment analysts at Seaport Res Ptn lifted their Q1 2026 EPS estimates for shares of Itron in a note issued to investors on Friday, October 31st. Seaport Res Ptn analyst S. Graham now anticipates that the scientific and technical instruments company will earn $1.40 per share for the quarter, up from their prior estimate of $1.37. The consensus estimate for Itron’s current full-year earnings is $5.33 per share. Seaport Res Ptn also issued estimates for Itron’s Q2 2026 earnings at $1.52 EPS, Q3 2026 earnings at $1.64 EPS, Q4 2026 earnings at $1.57 EPS and FY2026 earnings at $6.13 EPS.

Itron (NASDAQ:ITRI) last announced its quarterly earnings results on Thursday, October 30th. The scientific and technical instruments company reported $1.54 EPS for the quarter, beating analysts’ consensus estimates of $1.48 by $0.06. Itron had a net margin of 11.05% and a return on equity of 19.69%. The business had revenue of $581.63 million for the quarter, compared to analyst estimates of $578.49 million. During the same quarter in the prior year, the business earned $1.84 EPS. Itron’s quarterly revenue was down 5.5% on a year-over-year basis. Itron has set its FY 2025 guidance at 6.840-6.940 EPS. Q4 2025 guidance at 2.150-2.250 EPS.

Several other research analysts have also recently weighed in on ITRI. Roth Capital increased their price objective on Itron from $130.00 to $150.00 and gave the stock a “buy” rating in a research report on Tuesday, July 22nd. Zacks Research upgraded shares of Itron from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 14th. JPMorgan Chase & Co. upped their price target on shares of Itron from $145.00 to $155.00 and gave the company an “overweight” rating in a research note on Thursday, October 16th. Guggenheim restated a “buy” rating and issued a $155.00 price target (up from $133.00) on shares of Itron in a research note on Monday, July 14th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Itron in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $139.00.

Itron Price Performance

Itron stock opened at $100.33 on Monday. The company has a current ratio of 2.04, a quick ratio of 1.75 and a debt-to-equity ratio of 0.48. The stock’s 50 day moving average is $124.67 and its 200-day moving average is $123.25. Itron has a 12 month low of $90.11 and a 12 month high of $142.00. The company has a market capitalization of $4.59 billion, a price-to-earnings ratio of 17.15, a PEG ratio of 0.76 and a beta of 1.48.

Insider Activity

In other Itron news, SVP Donald L. Reeves III sold 547 shares of the stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $125.31, for a total transaction of $68,544.57. Following the sale, the senior vice president directly owned 19,604 shares in the company, valued at $2,456,577.24. This represents a 2.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP John F. Marcolini sold 565 shares of the stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $125.31, for a total transaction of $70,800.15. Following the sale, the senior vice president owned 14,396 shares in the company, valued at $1,803,962.76. The trade was a 3.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 3,037 shares of company stock valued at $380,566. Company insiders own 1.45% of the company’s stock.

Institutional Investors Weigh In On Itron

A number of large investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC boosted its holdings in shares of Itron by 25.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 401 shares of the scientific and technical instruments company’s stock valued at $53,000 after purchasing an additional 81 shares in the last quarter. Amalgamated Bank boosted its stake in Itron by 0.7% in the third quarter. Amalgamated Bank now owns 13,060 shares of the scientific and technical instruments company’s stock valued at $1,627,000 after buying an additional 86 shares in the last quarter. PFG Investments LLC boosted its stake in Itron by 4.8% in the third quarter. PFG Investments LLC now owns 2,059 shares of the scientific and technical instruments company’s stock valued at $256,000 after buying an additional 94 shares in the last quarter. Louisiana State Employees Retirement System boosted its stake in Itron by 0.5% in the second quarter. Louisiana State Employees Retirement System now owns 21,300 shares of the scientific and technical instruments company’s stock valued at $2,804,000 after buying an additional 100 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC boosted its stake in Itron by 3.5% in the second quarter. Elevation Point Wealth Partners LLC now owns 3,398 shares of the scientific and technical instruments company’s stock valued at $447,000 after buying an additional 115 shares in the last quarter. Institutional investors and hedge funds own 96.19% of the company’s stock.

Itron Company Profile

Itron, Inc, a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in three segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products.