2,680 Shares in ITT Inc. $ITT Purchased by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd acquired a new stake in shares of ITT Inc. (NYSE:ITT) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,680 shares of the conglomerate’s stock, valued at approximately $479,000.

A number of other large investors also recently bought and sold shares of ITT. Financial Gravity Companies Inc. acquired a new position in shares of ITT in the 2nd quarter worth approximately $27,000. True Wealth Design LLC increased its holdings in shares of ITT by 219.2% in the 3rd quarter. True Wealth Design LLC now owns 166 shares of the conglomerate’s stock valued at $30,000 after acquiring an additional 114 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new stake in shares of ITT during the 2nd quarter valued at approximately $34,000. Quent Capital LLC bought a new position in ITT during the third quarter worth $37,000. Finally, MTM Investment Management LLC bought a new position in ITT during the second quarter worth $39,000. Institutional investors own 91.59% of the company’s stock.

ITT Stock Performance

Shares of ITT opened at $189.23 on Thursday. The firm has a market capitalization of $16.27 billion, a PE ratio of 30.97, a P/E/G ratio of 1.75 and a beta of 1.34. The company has a quick ratio of 2.07, a current ratio of 2.58 and a debt-to-equity ratio of 0.13. The firm has a 50-day moving average price of $190.85 and a 200 day moving average price of $182.54. ITT Inc. has a 52-week low of $105.64 and a 52-week high of $209.70.

ITT (NYSE:ITT) last issued its quarterly 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 company had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.01 billion. ITT had a net margin of 12.39% and a return on equity of 17.74%. The business’s revenue for the quarter was up 13.5% compared to the same quarter last year. During the same period in the prior year, the business posted $1.50 EPS. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. On average, sell-side analysts anticipate that ITT Inc. will post 6.51 earnings per share for the current fiscal year.

ITT Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 6th. Shareholders of record on Friday, March 6th will be given a $0.386 dividend. This represents a $1.54 dividend on an annualized basis and a yield of 0.8%. This is a positive change from ITT’s previous quarterly dividend of $0.35. The ex-dividend date is Friday, March 6th. ITT’s payout ratio is currently 25.20%.

Wall Street Analysts Forecast Growth

ITT has been the subject of several recent research reports. KeyCorp boosted their target price on shares of ITT from $215.00 to $230.00 and gave the company an “overweight” rating in a research note on Friday, February 6th. Barclays began coverage on shares of ITT in a research report on Monday. They issued an “equal weight” rating and a $220.00 price target on the stock. Robert W. Baird set a $222.00 price target on shares of ITT in a report on Friday, February 6th. DA Davidson set a $245.00 price objective on shares of ITT in a research report on Monday, February 9th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of ITT in a research note on Thursday, January 22nd. Nine equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $216.50.

Insider Transactions at ITT

In other ITT news, CEO Luca Savi sold 63,450 shares of the stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $190.69, for a total transaction of $12,099,280.50. Following the completion of the transaction, the chief executive officer directly owned 262,354 shares of the company’s stock, valued at approximately $50,028,284.26. This trade represents a 19.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.47% of the company’s stock.

ITT 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.