ITT Inc. (NYSE:ITT) Given Average Recommendation of “Buy” by Analysts

Shares of ITT Inc. (NYSE:ITT) have earned a consensus recommendation of “Buy” from the nine research firms that are presently covering the stock, MarketBeat Ratings reports. Nine investment analysts have rated the stock with a buy rating. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $216.1111.

Several equities analysts have recently weighed in on ITT shares. KeyCorp boosted their target price on ITT from $215.00 to $230.00 and gave the company an “overweight” rating in a research report on Friday, February 6th. Citigroup lifted their price objective on shares of ITT from $225.00 to $243.00 and gave the stock a “buy” rating in a research note on Monday, February 9th. DA Davidson set a $245.00 price objective on shares of ITT in a research report on Monday, February 9th. Weiss Ratings restated a “buy (b)” rating on shares of ITT in a report on Thursday, January 22nd. Finally, Stifel Nicolaus lifted their price target on shares of ITT from $218.00 to $228.00 and gave the stock a “buy” rating in a research note on Friday, February 6th.

Insider Activity

In related news, CEO Luca Savi sold 63,450 shares of the firm’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 directly owned 262,354 shares of the company’s stock, valued at approximately $50,028,284.26. This trade represents a 19.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.47% of the company’s stock.

Institutional Trading of ITT

A number of hedge funds and other institutional investors have recently bought and sold shares of ITT. Northwestern Mutual Wealth Management Co. boosted its stake in shares of ITT by 55,929.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,518,405 shares of the conglomerate’s stock valued at $263,458,000 after purchasing an additional 1,515,695 shares during the period. Norges Bank bought a new stake in ITT during the 4th quarter valued at about $194,884,000. Vanguard Group Inc. boosted its position in ITT by 7.9% in the 4th quarter. Vanguard Group Inc. now owns 8,460,467 shares of the conglomerate’s stock valued at $1,467,976,000 after buying an additional 620,217 shares during the period. Findlay Park Partners LLP boosted its position in ITT by 63.2% in the 4th quarter. Findlay Park Partners LLP now owns 1,230,902 shares of the conglomerate’s stock valued at $213,574,000 after buying an additional 476,702 shares during the period. Finally, Ghisallo Capital Management LLC bought a new position in ITT in the 4th quarter worth about $78,080,000. Hedge funds and other institutional investors own 91.59% of the company’s stock.

ITT Stock Performance

ITT stock opened at $190.64 on Friday. The company has a quick ratio of 2.07, a current ratio of 2.58 and a debt-to-equity ratio of 0.13. ITT has a twelve month low of $105.64 and a twelve month high of $209.70. The company’s 50-day moving average price is $189.94 and its 200-day moving average price is $181.86. The company has a market cap of $16.40 billion, a PE ratio of 31.20, a price-to-earnings-growth ratio of 1.83 and a beta of 1.34.

ITT (NYSE:ITT) last issued its quarterly earnings data on Thursday, February 5th. The conglomerate reported $1.85 earnings per share for the quarter, topping the consensus estimate 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 analysts’ expectations of $1.01 billion. During the same period in the previous year, the firm posted $1.50 earnings per share. The firm’s revenue for the quarter was up 13.5% on a year-over-year basis. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. On average, equities research analysts forecast that ITT will post 6.51 EPS for the current fiscal 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 dividend of $0.386 per share. This is a positive change from ITT’s previous quarterly dividend of $0.35. This represents a $1.54 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, March 6th. ITT’s payout ratio is currently 22.91%.

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.