ITT Inc. $ITT Stock Holdings Lifted by Candriam S.C.A.

Candriam S.C.A. increased its stake in ITT Inc. (NYSE:ITT) by 110.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 46,205 shares of the conglomerate’s stock after purchasing an additional 24,270 shares during the period. Candriam S.C.A. owned 0.06% of ITT worth $8,260,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Financial Gravity Companies Inc. bought a new stake in shares of ITT during the second quarter valued at about $27,000. True Wealth Design LLC grew 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 worth $30,000 after acquiring an additional 114 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new position in shares of ITT in the second quarter worth about $34,000. Quent Capital LLC purchased a new position in ITT during the 3rd quarter worth approximately $37,000. Finally, MTM Investment Management LLC purchased a new stake in ITT in the 2nd quarter worth about $39,000. 91.59% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts recently issued reports on the company. KeyCorp increased their price objective on ITT from $215.00 to $230.00 and gave the stock an “overweight” rating in a report on Friday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of ITT in a research report on Thursday, January 22nd. Stifel Nicolaus lifted their target price on ITT from $218.00 to $228.00 and gave the stock a “buy” rating in a research report on Friday. DA Davidson set a $245.00 price objective on shares of ITT in a research note on Monday. Finally, Robert W. Baird set a $222.00 price target on ITT in a research note on Friday. Nine equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $216.11.

ITT Stock Down 0.5%

NYSE ITT opened at $199.94 on Wednesday. The stock has a market capitalization of $17.20 billion, a P/E ratio of 32.72, a price-to-earnings-growth ratio of 1.84 and a beta of 1.37. ITT Inc. has a 52 week low of $105.64 and a 52 week high of $207.98. 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 $180.96 and a 200-day moving average of $177.73.

ITT (NYSE:ITT) last released its 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 the consensus estimate of $1.01 billion. ITT had a return on equity of 17.74% and a net margin of 12.39%.The firm’s quarterly revenue was up 13.5% on a year-over-year basis. During the same quarter 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. On average, equities research analysts forecast that ITT Inc. will post 6.51 EPS for the current year.

ITT Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 6th. Stockholders of record on Friday, March 6th will be paid a $0.386 dividend. This is a boost from ITT’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Friday, March 6th. This represents a $1.54 annualized dividend and a dividend yield of 0.8%. ITT’s payout ratio is 22.91%.

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.