Citigroup Inc. grew its holdings in ITT Inc. (NYSE:ITT – Free Report) by 54.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 97,836 shares of the conglomerate’s stock after acquiring an additional 34,644 shares during the quarter. Citigroup Inc. owned 0.13% of ITT worth $17,489,000 at the end of the most recent reporting period.
Other institutional investors have also modified their holdings of the company. Amundi increased its stake in ITT by 22,565.6% during the 1st quarter. Amundi now owns 7,253 shares of the conglomerate’s stock worth $867,000 after purchasing an additional 7,221 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of ITT by 7.4% in the first quarter. Goldman Sachs Group Inc. now owns 418,238 shares of the conglomerate’s stock valued at $54,020,000 after buying an additional 28,937 shares during the period. Empowered Funds LLC bought a new stake in shares of ITT during the first quarter worth $360,000. Focus Partners Wealth raised its holdings in shares of ITT by 80.7% during the first quarter. Focus Partners Wealth now owns 7,871 shares of the conglomerate’s stock worth $1,017,000 after acquiring an additional 3,515 shares during the period. Finally, Asset Management One Co. Ltd. raised its holdings in shares of ITT by 43.8% during the second quarter. Asset Management One Co. Ltd. now owns 1,500 shares of the conglomerate’s stock worth $235,000 after acquiring an additional 457 shares during the period. Institutional investors own 91.59% of the company’s stock.
Analyst Ratings Changes
A number of equities analysts recently weighed in on ITT shares. Wall Street Zen cut ITT from a “buy” rating to a “hold” rating in a report on Sunday, February 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of ITT in a research report on Thursday, January 22nd. Robert W. Baird set a $222.00 target price on ITT in a research report on Friday, February 6th. Stifel Nicolaus upped their price target on ITT from $218.00 to $228.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Finally, KeyCorp raised their price target on shares of ITT from $215.00 to $230.00 and gave the stock an “overweight” rating in a research note on Friday, February 6th. Nine investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, ITT has a consensus rating of “Buy” and a consensus price target of $216.11.
Key Headlines Impacting ITT
Here are the key news stories impacting ITT this week:
- Positive Sentiment: Zacks nudged up near-term quarters: Q2 2026 EPS raised to $1.71 (from $1.70) and Q3 2026 EPS raised to $1.75 (from $1.71). These small increases signal modestly better near-term expectations for some segments. MarketBeat ITT
- Positive Sentiment: Zacks published a long-term FY2028 EPS projection of $9.11, indicating an expectation of substantial multi-year earnings growth (contrast to current-year consensus of $6.51). This supports a longer-term growth narrative for investors. MarketBeat ITT
- Neutral Sentiment: Management investor outreach — ITT presented at the 36th Annual Pump, Valve & Water Systems Symposium; transcript and slideshow were posted (useful for detail on end markets, product mix and margin outlook). These materials typically provide color but rarely move stock materially unless guidance changes. Symposium Transcript Slideshow
- Negative Sentiment: Zacks cut several near-term quarter estimates: Q4 2026 EPS lowered to $1.89 (from $2.02), Q1 2027 EPS trimmed to $1.85 (from $1.87), and Q3 2027 EPS reduced to $2.11 (from $2.23). These downward revisions to near-term EPS are the primary driver of weaker sentiment and likely explain today’s selling pressure. MarketBeat ITT
ITT Trading Down 0.9%
NYSE ITT opened at $202.23 on Friday. ITT Inc. has a 12 month low of $105.64 and a 12 month high of $209.70. The company has a current ratio of 2.58, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13. The stock has a 50 day moving average of $188.56 and a 200-day moving average of $181.12. The company has a market cap of $17.39 billion, a PE ratio of 33.10, a PEG ratio of 1.88 and a beta of 1.37.
ITT (NYSE:ITT – Get Free Report) last issued its earnings results on Thursday, February 5th. The conglomerate reported $1.85 earnings per share for the quarter, topping analysts’ consensus estimates of $1.79 by $0.06. The business had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.01 billion. ITT had a net margin of 12.39% and a return on equity of 17.74%. The firm’s revenue for the quarter was up 13.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.50 earnings per share. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. On average, equities research analysts anticipate that ITT Inc. will post 6.51 EPS for the current fiscal year.
ITT Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, April 6th. Investors of record on Friday, March 6th will be paid a $0.386 dividend. This is an increase from ITT’s previous quarterly dividend of $0.35. The ex-dividend date is Friday, March 6th. This represents a $1.54 annualized dividend and a yield of 0.8%. ITT’s dividend payout ratio (DPR) is 22.91%.
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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