Brokers Offer Predictions for ITT's Q3 Earnings (NYSE:ITT)

Key Points

• Zacks Research raised ITT’s Q3 2026 EPS estimate to $2.04, up from $1.97, and projects Q4 EPS of $2.18. Full-year consensus earnings are $8.25 per share.
• Analyst sentiment remains favorable, with 10 Buy ratings and two Holds producing a “Moderate Buy” consensus and an average price target of $241.08.
• ITT’s latest quarterly results exceeded expectations, with EPS of $2.08 versus $1.92 expected and revenue of $1.47 billion, up 51.5% year over year. The company also declared a quarterly dividend of $0.386 per share, yielding approximately 0.7%.

ITT Inc. (NYSE:ITT - Free Report) - Analysts at Zacks Research upped their Q3 2026 earnings per share estimates for ITT in a report released on Thursday, August 27th. Zacks Research analyst Team now expects that the conglomerate will earn $2.04 per share for the quarter, up from their prior forecast of $1.97. The consensus estimate for ITT's current full-year earnings is $8.25 per share. Zacks Research also issued estimates for ITT's Q4 2026 earnings at $2.18 EPS.

ITT has been the subject of several other reports. Stifel Nicolaus increased their price objective on shares of ITT from $246.00 to $250.00 and gave the stock a "buy" rating in a research report on Monday, July 20th. Wall Street Zen cut shares of ITT from a "buy" rating to a "hold" rating in a research report on Saturday, May 9th. 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 report on Thursday, July 9th. Robert W. Baird set a $246.00 price target on ITT in a report on Thursday, May 7th. Finally, BMO Capital Markets reissued an "outperform" rating and issued a $273.00 price objective on shares of ITT in a research report on Friday, August 7th. Ten research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, ITT has a consensus rating of "Moderate Buy" and a consensus target price of $241.08.

ITT Stock Down 1.2%

ITT stock opened at $207.90 on Friday. The firm has a market cap of $18.59 billion, a price-to-earnings ratio of 40.77, a PEG ratio of 1.72 and a beta of 1.27. ITT has a 52-week low of $166.96 and a 52-week high of $230.32. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.85 and a current ratio of 1.26. The firm has a 50 day moving average price of $200.06 and a two-hundred day moving average price of $199.68.

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

ITT Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, October 5th. Investors of record on Tuesday, September 8th will be given a dividend of $0.386 per share. This represents a $1.54 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Tuesday, September 8th. ITT's payout ratio is presently 30.20%.

Insider Transactions at ITT

In related news, CAO Mesa Graziano Cheryl De sold 700 shares of the 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 represents a 8.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.88% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On ITT

Institutional investors have recently made changes to their positions in the stock. Oppenheimer Asset Management Inc. bought a new stake in shares of ITT during the second quarter valued at approximately $2,285,000. Diversified Trust Co bought a new position in shares of ITT in the 1st quarter worth $2,478,000. TimesSquare Capital Management LLC grew its position in ITT by 10.3% in the 4th quarter. TimesSquare Capital Management LLC now owns 226,700 shares of the conglomerate's stock valued at $39,335,000 after purchasing an additional 21,200 shares during the period. Payden & Rygel grew its position in ITT by 34.7% in the 4th quarter. Payden & Rygel now owns 112,500 shares of the conglomerate's stock valued at $19,520,000 after purchasing an additional 29,000 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its stake in ITT by 15.8% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 110,200 shares of the conglomerate's stock valued at $21,264,000 after purchasing an additional 15,004 shares in the last quarter. Institutional investors and hedge funds own 91.59% of the company's stock.

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.

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