SG Americas Securities LLC Has $1.80 Million Stock Holdings in ITT Inc. $ITT

SG Americas Securities LLC increased its position in shares of ITT Inc. (NYSE:ITT) by 78.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,390 shares of the conglomerate’s stock after acquiring an additional 4,570 shares during the period. SG Americas Securities LLC’s holdings in ITT were worth $1,803,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ITT. True Wealth Design LLC grew its stake in shares of ITT by 219.2% in the 3rd quarter. True Wealth Design LLC now owns 166 shares of the conglomerate’s stock valued at $30,000 after buying an additional 114 shares in the last quarter. Quent Capital LLC acquired a new position in ITT in the 3rd quarter valued at $37,000. Triumph Capital Management bought a new stake in ITT during the third quarter valued at about $37,000. Measured Wealth Private Client Group LLC bought a new stake in ITT during the third quarter valued at about $43,000. Finally, Bayforest Capital Ltd acquired a new stake in shares of ITT in the third quarter valued at about $46,000. Hedge funds and other institutional investors own 91.59% of the company’s stock.

Insider Transactions at ITT

In related news, CEO Luca Savi sold 63,450 shares of ITT stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $190.69, for a total value of $12,099,280.50. Following the completion of the sale, the chief executive officer directly owned 262,354 shares in the company, valued at $50,028,284.26. This trade represents a 19.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.47% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

ITT has been the subject of several research analyst reports. Robert W. Baird set a $222.00 price objective on ITT in a research report on Friday, February 6th. Wall Street Zen raised ITT from a “hold” rating to a “buy” rating in a research report on Monday, March 2nd. Stifel Nicolaus upped their price target on ITT from $218.00 to $228.00 and gave the stock a “buy” rating in a report on Friday, February 6th. The Goldman Sachs Group initiated coverage on ITT in a research report on Tuesday, March 31st. They issued a “buy” rating and a $270.00 price objective for the company. Finally, KeyCorp lifted 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. Ten equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $225.55.

ITT Stock Up 0.1%

Shares of ITT opened at $193.43 on Monday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.58 and a quick ratio of 2.07. The company has a market capitalization of $16.63 billion, a P/E ratio of 31.66, a PEG ratio of 1.78 and a beta of 1.32. The business’s 50 day simple moving average is $193.44 and its 200-day simple moving average is $184.39. ITT Inc. has a one year low of $105.64 and a one year high of $209.70.

ITT (NYSE:ITT) last announced its earnings results on Thursday, February 5th. The conglomerate reported $1.85 earnings per share for the quarter, beating 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 during the quarter, compared to analyst estimates of $1.01 billion. During the same period last year, the company posted $1.50 earnings per share. The firm’s quarterly revenue 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, sell-side analysts predict 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. Shareholders of record on Friday, March 6th will be given a $0.386 dividend. This represents a $1.54 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Friday, March 6th. This is a positive change from ITT’s previous quarterly dividend of $0.35. ITT’s dividend payout ratio is 25.20%.

ITT 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.