ITT Inc. (NYSE:ITT) Stock Has Average Target Price of $259.56 According to Analysts

Key Points

• Analysts remain bullish on ITT: The stock has a consensus “Moderate Buy” rating, with eight buy ratings and one hold. The average 12-month price target is $259.56, above its reported trading price of $198.50.
• Institutional ownership is substantial: Institutional investors own 91.59% of ITT, with BlackRock and Findlay Park Partners among those establishing new positions, while Bank of America and Wellington Management increased their stakes.
• Recent operating results exceeded expectations: ITT reported quarterly EPS of $2.08 versus the $1.92 consensus and revenue of $1.47 billion versus $1.39 billion expected. The company also maintained FY 2026 EPS guidance of $8.12–$8.32 and pays an annualized dividend of $1.54 per share.

Shares of ITT Inc. (NYSE:ITT - Get Free Report) have been given a consensus rating of "Moderate Buy" by the nine ratings firms that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $259.56.

A number of equities analysts have recently issued reports on ITT shares. KeyCorp upped their target price on shares of ITT from $250.00 to $263.00 and gave the stock an "overweight" rating in a research report on Friday, August 7th. BMO Capital Markets reissued an "outperform" rating and issued a $273.00 price target on shares of ITT in a report on Friday, August 7th. Weiss Ratings upgraded shares of ITT from a "buy (b-)" rating to a "buy (b)" rating in a research report on Thursday, October 8th. Wolfe Research initiated coverage on shares of ITT in a research report on Tuesday, September 15th. They issued an "outperform" rating and a $272.00 price objective for the company. Finally, DA Davidson upped their price objective on ITT from $255.00 to $265.00 and gave the stock a "buy" rating in a report on Tuesday, August 11th.

Insider Buying and Selling at ITT

In other news, CAO Graziano De sold 700 shares of ITT stock in a transaction on 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 directly owned 7,159 shares of the company's stock, valued at $1,535,891.86. This trade represents a 8.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Luca Savi purchased 5,019 shares of the firm's stock in a transaction dated Monday, August 31st. The stock was purchased 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 directly owned 267,373 shares in the company, valued at $53,356,955.88. This trade represents a 1.91% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.88% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new position in ITT in the second quarter valued at about $1,715,593,000. Findlay Park Partners LLP acquired a new stake in shares of ITT during the second quarter worth about $276,395,000. Bank of America Corp DE raised its position in shares of ITT by 20.4% during the first quarter. Bank of America Corp DE now owns 902,638 shares of the conglomerate's stock worth $171,980,000 after purchasing an additional 152,635 shares during the period. Wellington Management Group LLP lifted its holdings in shares of ITT by 16.5% during the 2nd quarter. Wellington Management Group LLP now owns 825,147 shares of the conglomerate's stock valued at $163,181,000 after purchasing an additional 117,155 shares in the last quarter. Finally, Jupiter Topco LLC bought a new position in shares of ITT during the 2nd quarter valued at about $127,872,000. 91.59% of the stock is currently owned by institutional investors.

ITT Trading Down 1.3%

Shares of ITT stock opened at $198.50 on Friday. The firm has a market capitalization of $17.75 billion, a PE ratio of 38.92, a price-to-earnings-growth ratio of 1.64 and a beta of 1.25. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.26 and a quick ratio of 0.85. The company's fifty day moving average price is $205.48 and its two-hundred day moving average price is $201.47. ITT has a 52-week low of $166.96 and a 52-week high of $230.32.

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

ITT Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 5th. Shareholders of record on Tuesday, September 8th were paid a $0.3860 dividend. The ex-dividend date of this dividend was Tuesday, September 8th. This represents a $1.54 dividend on an annualized basis and a yield of 0.8%. ITT's dividend payout ratio (DPR) is presently 30.20%.

About ITT

ITT Inc NYSE: ITT is a global manufacturer of highly engineered components and technologies serving the transportation, energy, industrial, infrastructure, and aerospace and defense markets. The company develops products designed to support critical applications where reliability, performance, and safety are essential.

ITT operates through three principal business segments: Motion Technologies, Industrial Process, and Connect & Control Technologies. Its products include brake pads and friction materials, shock absorbers, pumps, valves, monitoring and control systems, connectors, switches, and other specialized components.

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