Blair William & Co. IL Has $4.34 Million Stock Holdings in ITT Inc. $ITT

Blair William & Co. IL trimmed its position in shares of ITT Inc. (NYSE:ITT) by 11.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,270 shares of the conglomerate’s stock after selling 3,113 shares during the period. Blair William & Co. IL’s holdings in ITT were worth $4,339,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ITT. Invesco Ltd. lifted its holdings in shares of ITT by 14.2% during the 2nd quarter. Invesco Ltd. now owns 1,094,750 shares of the conglomerate’s stock valued at $171,690,000 after buying an additional 135,768 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in ITT by 5.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 960,394 shares of the conglomerate’s stock valued at $150,619,000 after acquiring an additional 45,826 shares during the last quarter. Norges Bank acquired a new position in shares of ITT during the 2nd quarter worth $140,815,000. Ameriprise Financial Inc. raised its holdings in shares of ITT by 1.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 786,681 shares of the conglomerate’s stock valued at $123,376,000 after purchasing an additional 7,562 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in ITT by 6.2% in the third quarter. Bank of New York Mellon Corp now owns 744,188 shares of the conglomerate’s stock worth $133,031,000 after purchasing an additional 43,336 shares in the last quarter. Hedge funds and other institutional investors own 91.59% of the company’s stock.

Insider Transactions at ITT

In other news, CEO Luca Savi sold 63,450 shares of the stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $190.69, for a total value of $12,099,280.50. Following the completion of the transaction, the chief executive officer owned 262,354 shares in the company, valued at approximately $50,028,284.26. This represents a 19.47% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.47% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have commented on ITT shares. Stifel Nicolaus increased their target price on shares of ITT from $218.00 to $228.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Weiss Ratings reissued a “buy (b)” rating on shares of ITT in a report on Thursday, January 22nd. Robert W. Baird set a $222.00 target price on ITT in a research report on Friday, February 6th. DA Davidson set a $245.00 price target on shares of ITT in a research report on Monday, February 9th. Finally, Barclays began coverage on shares of ITT in a research note on Monday. They issued an “equal weight” rating and a $220.00 price objective for the company. Nine equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $216.50.

ITT Price Performance

Shares of ITT stock opened at $189.23 on Thursday. The firm has a fifty day moving average price of $190.85 and a two-hundred day moving average price of $182.54. The company has a market cap of $16.27 billion, a PE ratio of 30.97, a price-to-earnings-growth ratio of 1.75 and a beta of 1.34. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.58 and a quick ratio of 2.07. ITT Inc. has a fifty-two week low of $105.64 and a fifty-two 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 (EPS) for the quarter, beating the consensus estimate of $1.79 by $0.06. The firm had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.01 billion. ITT had a return on equity of 17.74% and a net margin of 12.39%.The company’s quarterly revenue was up 13.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.50 earnings per share. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. Analysts expect that ITT Inc. will post 6.51 EPS for the current year.

ITT Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 6th. Shareholders of record on Friday, March 6th will be paid a dividend of $0.386 per share. This is an increase from ITT’s previous quarterly dividend of $0.35. This represents a $1.54 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Friday, March 6th. ITT’s dividend payout ratio is presently 25.20%.

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.