ITT (NYSE:ITT) Shares Sold Off Rep. April McClain Delaney

Key Points

• Rep. April McClain Delaney sold $250,001–$500,000 of ITT shares on August 25, according to a September 9 disclosure. She also sold positions in several other companies, including Wabtec, Viking, Trimble and TransDigm.
• ITT reported a strong latest quarter, with EPS of $2.08 beating estimates of $1.92 and revenue rising 51.5% year over year to $1.47 billion. The company set fiscal 2026 EPS guidance at $8.12–$8.32 and announced a quarterly dividend of $0.386 per share.
• Analysts remain broadly positive, with a consensus “Moderate Buy” rating and an average price target of $244.82, compared with the stock’s reported opening price of $196.42.

Representative April McClain Delaney (Democratic-Maryland) recently sold shares of ITT Inc. NYSE: ITT. In a filing disclosed on September 09th, the Representative disclosed that they had sold between $250,001 and $500,000 in ITT stock on August 25th.

Representative April McClain Delaney also recently made the following trade(s):

• Sold $100,001 - $250,000 in shares of Wabtec NYSE: WAB on 8/25/2026.
• Sold $100,001 - $250,000 in shares of Viking NYSE: VIK on 8/25/2026.
• Sold $100,001 - $250,000 in shares of Trimble NASDAQ: TRMB on 8/25/2026.
• Sold $100,001 - $250,000 in shares of Transdigm Group NYSE: TDG on 8/25/2026.
• Sold $15,001 - $50,000 in shares of Tractor Supply NASDAQ: TSCO on 8/25/2026.
• Sold $15,001 - $50,000 in shares of Middleby NASDAQ: MIDD on 8/25/2026.
• Sold $15,001 - $50,000 in shares of Teledyne Technologies NYSE: TDY on 8/25/2026.
• Sold $100,001 - $250,000 in shares of STERIS NYSE: STE on 8/25/2026.
• Sold $100,001 - $250,000 in shares of Somnigroup International NYSE: SGI on 8/25/2026.
• Sold $100,001 - $250,000 in shares of Signet Jewelers NYSE: SIG on 8/25/2026.

ITT Stock Performance

Shares of ITT opened at $196.42 on Friday. The firm has a fifty day moving average of $201.33 and a 200-day moving average of $199.51. The company has a market cap of $17.56 billion, a price-to-earnings ratio of 38.51, a price-to-earnings-growth ratio of 1.62 and a beta of 1.27. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.85 and a current ratio of 1.26. ITT Inc. has a 1 year low of $166.96 and a 1 year high of $230.32.

ITT (NYSE:ITT - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The conglomerate reported $2.08 earnings per share for the quarter, topping analysts' consensus estimates of $1.92 by $0.16. ITT had a net margin of 8.90% and a return on equity of 15.90%. The business had revenue of $1.47 billion for the quarter, compared to analysts' expectations of $1.39 billion. During the same quarter last year, the company earned $1.64 EPS. The company's revenue for the quarter was up 51.5% compared to the same quarter last year. ITT has set its FY 2026 guidance at 8.120-8.320 EPS. As a group, equities analysts anticipate that ITT Inc. will post 8.25 earnings per share for the current year.

ITT Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, October 5th. Shareholders of record on Tuesday, September 8th will be paid 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 Tuesday, September 8th. ITT's dividend payout ratio (DPR) is presently 30.20%.

Insider Transactions at ITT

In other ITT news, CEO Luca Savi purchased 5,019 shares of the business's stock in a transaction on Monday, August 31st. The stock was bought at an average cost of $199.56 per share, with a total value of $1,001,591.64. Following the acquisition, the chief executive officer owned 267,373 shares of the company's stock, valued at $53,356,955.88. The trade was a 1.91% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Graziano De sold 700 shares of the firm's stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $214.54, for a total transaction of $150,178.00. Following the transaction, the chief accounting officer owned 7,159 shares of the company's stock, valued at approximately $1,535,891.86. This trade represents a 8.91% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.88% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Citigroup lifted their price target on ITT from $254.00 to $267.00 and gave the company a "buy" rating in a report on Friday, August 7th. BMO Capital Markets restated an "outperform" rating and issued a $273.00 target price on shares of ITT in a research report on Friday, August 7th. KeyCorp lifted their target price on ITT from $250.00 to $263.00 and gave the company an "overweight" rating in a research note on Friday, August 7th. Wolfe Research upgraded ITT from a "peer perform" rating to an "outperform" rating and set a $229.00 price target for the company in a research report on Thursday, July 9th. Finally, Weiss Ratings raised ITT from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, September 4th. Ten equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $244.82.

Institutional Investors Weigh In On ITT

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of ITT during the 2nd quarter valued at $28,000. Elyxium Wealth LLC bought a new position in ITT during the fourth quarter valued at about $29,000. Bayban bought a new position in ITT during the fourth quarter valued at about $31,000. Trust Co. of Vermont acquired a new position in ITT during the second quarter worth about $33,000. Finally, Parkside Financial Bank & Trust raised its position in ITT by 62.8% in the fourth quarter. Parkside Financial Bank & Trust now owns 197 shares of the conglomerate's stock worth $34,000 after acquiring an additional 76 shares in the last quarter. Institutional investors own 91.59% of the company's stock.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland's 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland's 6th Congressional District. She declared candidacy for the 2026 election. April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor's degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

About ITT

ITT Inc is a diversified industrial manufacturer that develops and produces highly engineered components and systems for transportation, energy, industrial, aerospace and defense, and other specialized markets. The company serves original equipment manufacturers, distributors and aftermarket customers through a portfolio of mission-critical products designed to support safety, efficiency and reliability.

ITT operates through three primary business segments. Motion Technologies supplies brake pads, friction materials, shock absorbers, dampers and related components for automotive and rail applications.

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