Cwm LLC Has $3.31 Million Stock Holdings in ITT Inc. $ITT

Cwm LLC grew its position in ITT Inc. (NYSE:ITT) by 31.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 19,092 shares of the conglomerate’s stock after buying an additional 4,536 shares during the period. Cwm LLC’s holdings in ITT were worth $3,313,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in ITT. True Wealth Design LLC increased its holdings in 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 purchasing an additional 114 shares during the last quarter. Quent Capital LLC acquired a new position in ITT in the third quarter valued at about $37,000. Triumph Capital Management bought a new position in ITT during the third quarter worth about $37,000. Measured Wealth Private Client Group LLC bought a new position in ITT during the third quarter worth about $43,000. Finally, Bayforest Capital Ltd acquired a new position in shares of ITT during the 3rd quarter worth about $46,000. Institutional investors and hedge funds own 91.59% of the company’s stock.

Analyst Upgrades and Downgrades

ITT has been the subject of several recent analyst reports. DA Davidson set a $245.00 target price on shares of ITT in a research note on Monday, February 9th. BMO Capital Markets started coverage on shares of ITT in a research report on Friday, March 27th. They set an “outperform” rating and a $233.00 price target on the stock. Stifel Nicolaus upped their price objective on shares of ITT from $218.00 to $228.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Barclays dropped their price objective on ITT from $220.00 to $210.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 1st. Finally, KeyCorp lifted their target price on ITT from $215.00 to $230.00 and gave the stock an “overweight” rating in a report on Friday, February 6th. Ten analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, ITT currently has a consensus rating of “Moderate Buy” and a consensus target price of $225.55.

Insider Buying and Selling

In other news, CEO Luca Savi sold 63,450 shares of the business’s stock in a transaction that occurred 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 sale, the chief executive officer owned 262,354 shares in the company, valued at $50,028,284.26. The trade was a 19.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 0.88% of the company’s stock.

ITT Price Performance

NYSE ITT opened at $219.40 on Friday. The firm’s 50 day moving average is $199.71 and its 200-day moving average is $187.69. 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 company has a market capitalization of $19.61 billion, a PE ratio of 35.91, a price-to-earnings-growth ratio of 2.04 and a beta of 1.32. ITT Inc. has a 12-month low of $131.98 and a 12-month high of $224.12.

ITT (NYSE:ITT) last released its earnings results on Thursday, February 5th. The conglomerate reported $1.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.79 by $0.06. The business 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%.ITT’s revenue was up 13.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.50 earnings per share. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. Equities research analysts anticipate that ITT Inc. will post 7.9 earnings per share for the current fiscal year.

ITT Increases Dividend

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

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.