Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of ITT Inc. (NYSE:ITT)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of ITT Inc. (NYSE:ITT). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in ITT stock on March 3rd. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Advanced Energy Industries (NASDAQ:AEIS) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 3/27/2026.
• Purchased $15,001 – $50,000 in shares of Fabrinet (NYSE:FN) on 3/27/2026.

ITT Stock Performance

ITT opened at $216.34 on Monday. The business’s 50-day moving average price is $195.78 and its two-hundred day moving average price is $185.32. ITT Inc. has a 1 year low of $120.81 and a 1 year high of $218.99. The company has a market capitalization of $19.34 billion, a price-to-earnings ratio of 35.41, a P/E/G ratio of 2.18 and a beta of 1.32. 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 (NYSE:ITT) last released 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. ITT had a return on equity of 17.74% and a net margin of 12.39%.The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter last year, the business posted $1.50 EPS. The company’s revenue for the quarter was up 13.5% on a year-over-year basis. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. Equities analysts expect that ITT Inc. will post 6.51 EPS for the current fiscal year.

ITT Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 6th. Shareholders of record on Friday, March 6th were paid a $0.386 dividend. The ex-dividend date of this dividend was Friday, March 6th. This represents a $1.54 annualized dividend and a dividend yield of 0.7%. This is a positive change from ITT’s previous quarterly dividend of $0.35. ITT’s dividend payout ratio (DPR) is 25.20%.

Institutional Trading of ITT

Hedge funds and other institutional investors have recently modified their holdings of the stock. Elyxium Wealth LLC acquired a new stake in shares of ITT in the fourth quarter valued at about $29,000. True Wealth Design LLC increased its position in shares of ITT by 219.2% in the third 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. Bayban acquired a new stake in shares of ITT in the fourth quarter valued at about $31,000. Parkside Financial Bank & Trust increased its position in shares of ITT by 62.8% in the fourth quarter. Parkside Financial Bank & Trust now owns 197 shares of the conglomerate’s stock valued at $34,000 after acquiring an additional 76 shares during the last quarter. Finally, Entrust Financial LLC acquired a new stake in shares of ITT in the fourth quarter valued at about $36,000. Institutional investors and hedge funds own 91.59% of the company’s stock.

Insider Buying and Selling

In related news, CEO Luca Savi sold 63,450 shares of ITT stock in a transaction dated 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 owned 262,354 shares in the company, valued at approximately $50,028,284.26. This trade represents a 19.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.47% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on ITT. Wall Street Zen raised ITT from a “hold” rating to a “buy” rating in a research note on Monday, March 2nd. Robert W. Baird set a $222.00 price target on ITT in a research note on Friday, February 6th. DA Davidson set a $245.00 price target on ITT in a research note on Monday, February 9th. BMO Capital Markets began coverage on ITT in a research note on Friday, March 27th. They issued an “outperform” rating and a $233.00 price target on the stock. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of ITT in a research note on Thursday, January 22nd. Ten analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, ITT has a consensus rating of “Moderate Buy” and an average target price of $225.55.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About ITT

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.