Itron, Inc. $ITRI Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its holdings in shares of Itron, Inc. (NASDAQ:ITRI) by 34.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 148,317 shares of the scientific and technical instruments company’s stock after buying an additional 37,634 shares during the period. Envestnet Asset Management Inc. owned approximately 0.32% of Itron worth $18,474,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Itron in the second quarter worth about $30,000. Bessemer Group Inc. grew its stake in shares of Itron by 125.7% in the second quarter. Bessemer Group Inc. now owns 255 shares of the scientific and technical instruments company’s stock worth $34,000 after acquiring an additional 142 shares during the last quarter. Salomon & Ludwin LLC bought a new position in Itron during the third quarter worth $42,000. Northwestern Mutual Wealth Management Co. raised its stake in Itron by 343.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 346 shares of the scientific and technical instruments company’s stock valued at $46,000 after purchasing an additional 268 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in Itron by 25.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 401 shares of the scientific and technical instruments company’s stock valued at $53,000 after purchasing an additional 81 shares during the last quarter. 96.19% of the stock is currently owned by institutional investors and hedge funds.

Itron Stock Down 6.7%

Shares of NASDAQ ITRI opened at $89.36 on Friday. Itron, Inc. has a 52-week low of $88.57 and a 52-week high of $142.00. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.91 and a current ratio of 2.17. The stock has a market cap of $4.09 billion, a P/E ratio of 16.07, a P/E/G ratio of 0.51 and a beta of 1.48. The firm has a 50 day moving average price of $97.75 and a 200 day moving average price of $111.10.

Insider Activity

In related news, SVP Christopher E. Ware sold 343 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $96.51, for a total transaction of $33,102.93. Following the completion of the transaction, the senior vice president directly owned 18,774 shares in the company, valued at $1,811,878.74. This represents a 1.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP John F. Marcolini sold 553 shares of Itron stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $96.51, for a total value of $53,370.03. Following the sale, the senior vice president directly owned 13,843 shares in the company, valued at $1,335,987.93. The trade was a 3.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 3,113 shares of company stock worth $301,678. Corporate insiders own 1.45% of the company’s stock.

Key Itron News

Here are the key news stories impacting Itron this week:

• Positive Sentiment: Itron announced a partnership with Toumetis and a Southern California utility to reduce wildfire risk and speed outage restoration — a commercial win that validates demand for its wildfire-analytics and grid-resiliency offerings and could support future recurring revenue in high-growth, regulatory-driven markets. Itron and Toumetis Team Up with Southern California Utility
• Positive Sentiment: Coverage highlights California grid projects that tie Itron’s wildfire analytics to longer-term growth, reinforcing the company’s exposure to utility modernization and resilience spending. This narrative supports a multi-year revenue opportunity even if near-term results fluctuate. Itron’s California Grid Projects Tie Wildfire Analytics To Long Term Growth
• Positive Sentiment: Industry pieces argue Itron is repositioning as a grid-edge intelligence leader in wildfire-prone markets — a strategic shift that, if executed, could improve margins and create higher-value service opportunities. Is Itron Quietly Repositioning as a Grid-Edge Intelligence Leader?
• Neutral Sentiment: Q4 2025 earnings previews are circulating ahead of results — these create a near-term catalyst (earnings beat/miss) but are currently informational rather than directional. Itron Q4 2025 earnings preview
• Neutral Sentiment: An Itron senior VP sold a small block (142 shares) on Feb. 11 — disclosed insider selling but immaterial in size relative to holdings and market cap. SEC Form 4 — Insider Sale
• Neutral Sentiment: Published short-interest figures in recent feeds appear inconsistent (showing zeros/NaN) and should be treated cautiously — no clear, reliable short-interest signal from these entries.
• Negative Sentiment: Guggenheim turned more bearish on Itron (downgrade/neutral action reported), which likely pressured the stock and increased trading activity today; analyst downgrades often trigger re-rating and higher near-term volatility. Guggenheim downgrades Itron (ITRI)

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on ITRI shares. Weiss Ratings cut Itron from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Guggenheim set a $155.00 price target on shares of Itron in a report on Friday. Oppenheimer reduced their price objective on shares of Itron from $145.00 to $125.00 and set an “outperform” rating for the company in a report on Tuesday, January 27th. Robert W. Baird reissued a “neutral” rating and issued a $118.00 target price (down previously from $137.00) on shares of Itron in a research note on Friday, October 31st. Finally, Argus reissued a “hold” rating on shares of Itron in a research report on Tuesday, November 4th. Seven investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $136.10.

Itron Profile

Itron, Inc (NASDAQ: ITRI) is a global technology company that develops innovative solutions to measure, manage and analyze the use of energy and water. Its comprehensive portfolio includes smart meters, data collection devices, communication networks and advanced software applications designed to optimize utility operations and foster sustainable resource management. The company’s offerings enable utilities and cities to accurately monitor consumption patterns, streamline billing processes and improve grid reliability.

Itron’s product lineup spans a range of hardware and software solutions, from residential and commercial smart meters to meter data management systems (MDMS), networked communication platforms and analytics tools.