ITT Inc. (NYSE:ITT) Receives Average Recommendation of "Moderate Buy" from Brokerages

Key Points

• Analysts maintain a favorable view of ITT: Nine of ten brokerages rate the stock a buy, producing an average “Moderate Buy” recommendation and a $252.60 one-year price target.
• ITT exceeded quarterly expectations, reporting $2.08 in EPS versus the $1.92 consensus estimate and $1.47 billion in revenue, up 51.5% year over year. The company issued fiscal 2026 EPS guidance of $8.12–$8.32.
• Institutional investors own 91.59% of ITT, while the company declared a quarterly dividend of $0.386, equivalent to an annualized $1.54 payout and a 0.8% yield.

ITT Inc. (NYSE:ITT - Get Free Report) has earned an average rating of "Moderate Buy" from the ten ratings firms that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $252.60.

ITT has been the topic of several analyst reports. Citigroup lifted their target price on shares of 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 price objective on shares of ITT in a research report on Friday, August 7th. Stifel Nicolaus lifted their price objective on ITT from $246.00 to $250.00 and gave the company a "buy" rating in a report on Monday, July 20th. Wolfe Research began coverage on ITT in a report on Tuesday, September 15th. They issued an "outperform" rating and a $272.00 price objective on the stock. Finally, KeyCorp boosted their target price on ITT from $250.00 to $263.00 and gave the stock an "overweight" rating in a research report on Friday, August 7th.

Insiders Place Their Bets

In other ITT news, CEO Luca Savi acquired 5,019 shares of the business's stock in a transaction on Monday, August 31st. The stock was purchased at an average price of $199.56 per share, for a total transaction of $1,001,591.64. Following the completion of the transaction, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Graziano De sold 700 shares of the firm's stock in a transaction on Friday, August 7th. The shares were sold at an average price of $214.54, for a total value of $150,178.00. Following the completion of the sale, the chief accounting officer directly 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. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.88% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in shares of ITT during the 2nd quarter worth approximately $1,715,593,000. Capital International Investors raised its holdings in ITT by 3.0% during the fourth quarter. Capital International Investors now owns 8,797,165 shares of the conglomerate's stock worth $1,526,421,000 after purchasing an additional 258,936 shares during the last quarter. Geode Capital Management LLC raised its holdings in ITT by 15.6% during the fourth quarter. Geode Capital Management LLC now owns 1,614,929 shares of the conglomerate's stock worth $280,267,000 after purchasing an additional 217,360 shares during the last quarter. Findlay Park Partners LLP purchased a new stake in ITT during the second quarter worth $276,395,000. Finally, Norges Bank purchased a new stake in ITT during the fourth quarter worth $194,884,000. 91.59% of the stock is owned by hedge funds and other institutional investors.

ITT Trading Up 0.6%

Shares of ITT stock opened at $205.71 on Tuesday. The company has a market capitalization of $18.39 billion, a P/E ratio of 40.34, a price-to-earnings-growth ratio of 1.67 and a beta of 1.27. The company has a current ratio of 1.26, a quick ratio of 0.85 and a debt-to-equity ratio of 0.60. The business's 50 day moving average is $202.97 and its two-hundred day moving average is $199.46. ITT has a twelve month low of $166.96 and a twelve month high of $230.32.

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

ITT Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, October 5th. Investors of record on Tuesday, September 8th will be paid a $0.386 dividend. The ex-dividend date is Tuesday, September 8th. This represents a $1.54 dividend on an annualized basis and a dividend yield of 0.8%. ITT's payout ratio is 30.20%.

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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