ITT Inc. $ITT Shares Sold by Ameritas Investment Partners Inc.

Ameritas Investment Partners Inc. reduced its position in shares of ITT Inc. (NYSE:ITT) by 16.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,971 shares of the conglomerate’s stock after selling 4,779 shares during the period. Ameritas Investment Partners Inc.’s holdings in ITT were worth $4,464,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Citigroup Inc. lifted its holdings in shares of ITT by 54.8% in the 3rd quarter. Citigroup Inc. now owns 97,836 shares of the conglomerate’s stock valued at $17,489,000 after buying an additional 34,644 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in ITT by 36.6% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 521,429 shares of the conglomerate’s stock valued at $93,211,000 after acquiring an additional 139,666 shares during the period. King Luther Capital Management Corp boosted its position in shares of ITT by 96.8% during the 3rd quarter. King Luther Capital Management Corp now owns 108,632 shares of the conglomerate’s stock worth $19,419,000 after purchasing an additional 53,426 shares in the last quarter. Syon Capital LLC grew its stake in shares of ITT by 19.5% during the 3rd quarter. Syon Capital LLC now owns 2,226 shares of the conglomerate’s stock worth $398,000 after purchasing an additional 364 shares during the period. Finally, GSA Capital Partners LLP purchased a new position in shares of ITT in the 3rd quarter valued at about $754,000. Institutional investors and hedge funds own 91.59% of the company’s stock.

ITT Price Performance

NYSE ITT opened at $206.52 on Monday. The company’s 50 day simple moving average is $185.46 and its 200 day simple moving average is $179.94. The firm has a market capitalization of $17.76 billion, a PE ratio of 33.80, a P/E/G ratio of 1.92 and a beta of 1.37. ITT Inc. has a 12 month low of $105.64 and a 12 month high of $207.98. 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 announced its earnings results on Thursday, February 5th. The conglomerate reported $1.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.79 by $0.06. ITT had a return on equity of 17.74% and a net margin of 12.39%.The company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same period in the previous year, the firm earned $1.50 earnings per share. ITT’s revenue for the quarter was up 13.5% compared to the same quarter last year. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. As a group, equities research analysts forecast that ITT Inc. will post 6.51 EPS for the current fiscal year.

ITT Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 6th. Investors of record on Friday, March 6th will be paid a $0.386 dividend. The ex-dividend date of this dividend is Friday, March 6th. This represents a $1.54 dividend on an annualized basis and a 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 22.91%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Robert W. Baird set a $222.00 target price on shares of ITT in a research report on Friday, February 6th. Citigroup upped their price target on ITT from $225.00 to $243.00 and gave the stock a “buy” rating in a report on Monday, February 9th. DA Davidson set a $245.00 price objective on ITT in a research note on Monday, February 9th. Weiss Ratings reiterated a “buy (b)” rating on shares of ITT in a research report on Thursday, January 22nd. Finally, Stifel Nicolaus raised their target price on shares of ITT from $218.00 to $228.00 and gave the company a “buy” rating in a report on Friday, February 6th. Nine investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $216.11.

ITT Company Profile

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.