ITT Inc. (NYSE:ITT) Receives Average Rating of “Moderate Buy” from Analysts

Shares of ITT Inc. (NYSE:ITT) have earned a consensus rating of “Moderate Buy” from the eleven ratings firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $225.5455.

Several brokerages recently issued reports on ITT. Stifel Nicolaus raised their target price on ITT from $218.00 to $228.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Barclays lowered their target price on ITT from $220.00 to $210.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 1st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of ITT in a research report on Tuesday. Robert W. Baird set a $222.00 target price on ITT in a research report on Friday, February 6th. Finally, KeyCorp raised their target price on ITT from $215.00 to $230.00 and gave the stock an “overweight” rating in a research report on Friday, February 6th.

ITT Stock Up 0.0%

Shares of ITT opened at $219.12 on Friday. ITT has a 52 week low of $132.92 and a 52 week high of $224.12. The stock has a market capitalization of $19.59 billion, a price-to-earnings ratio of 35.86, a PEG ratio of 2.06 and a beta of 1.32. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.07 and a current ratio of 2.58. The stock has a fifty day moving average of $200.02 and a 200-day moving average of $187.96.

ITT (NYSE:ITT) last announced its quarterly earnings results on Thursday, February 5th. The conglomerate reported $1.85 EPS for the quarter, beating analysts’ consensus estimates of $1.79 by $0.06. The company had revenue of $1.05 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period in the prior year, the company earned $1.50 EPS. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. As a group, sell-side analysts anticipate that ITT will post 7.9 earnings per share for the current fiscal year.

ITT Increases Dividend

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

Insider Transactions at ITT

In related news, CEO Luca Savi sold 63,450 shares of the firm’s 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 $50,028,284.26. This trade represents a 19.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.88% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. iSAM Funds UK Ltd acquired a new stake in shares of ITT in the 3rd quarter valued at about $2,113,000. Chesapeake Capital Corp IL acquired a new stake in shares of ITT in the 3rd quarter valued at about $1,125,000. Brown Brothers Harriman & Co. grew its stake in shares of ITT by 86,878.2% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 267,893 shares of the conglomerate’s stock valued at $47,889,000 after buying an additional 267,585 shares during the period. Mawer Investment Management Ltd. grew its stake in shares of ITT by 23.6% in the 3rd quarter. Mawer Investment Management Ltd. now owns 402,919 shares of the conglomerate’s stock valued at $72,026,000 after buying an additional 76,841 shares during the period. Finally, Regents Gate Capital LLP acquired a new stake in shares of ITT in the 3rd quarter valued at about $9,381,000. 91.59% of the stock is owned by institutional investors.

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.