5,797 Shares in ITT Inc. $ITT Bought by Fideuram Asset Management Ireland dac

Key Points

• Fideuram Asset Management Ireland dac opened a new position in ITT Inc., buying 5,797 shares worth about $1.0 million in the fourth quarter.
• ITT recently posted strong quarterly results, with EPS of $1.98 and revenue of $1.21 billion, both beating estimates, while revenue rose 32.7% year over year.
• Wall Street sentiment remains positive: analysts have a consensus rating of “Moderate Buy,” and several firms recently raised price targets, with the average target at $234.91.

Fideuram Asset Management Ireland dac acquired a new position in shares of ITT Inc. (NYSE:ITT - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 5,797 shares of the conglomerate's stock, valued at approximately $1,006,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Elyxium Wealth LLC acquired a new stake in ITT in the 4th quarter valued at $29,000. Triumph Capital Management acquired a new stake in ITT in the 3rd quarter valued at $37,000. Entrust Financial LLC acquired a new stake in ITT in the 4th quarter valued at $36,000. Measured Wealth Private Client Group LLC acquired a new stake in ITT in the 3rd quarter valued at $43,000. Finally, Key Financial Inc acquired a new stake in ITT in the 3rd quarter valued at $47,000. 91.59% of the stock is currently owned by institutional investors and hedge funds.

More ITT News

Here are the key news stories impacting ITT this week:

• Positive Sentiment: Zacks Research raised forward-looking optimism on ITT by issuing estimates for FY2027 EPS of $9.03 and FY2028 EPS of $10.59, both above the current full-year consensus of $7.91, signaling expectations for strong multi-year earnings growth.
• Positive Sentiment: The firm’s near-term estimates remain close to consensus, with FY2026 EPS estimated at $7.88 versus the $7.91 consensus, suggesting analysts still see ITT largely tracking expectations this year while longer-term growth accelerates.
• Neutral Sentiment: Zacks Research also published quarterly estimates for 2026-2028, including Q2 2026 EPS of $1.93, Q3 2026 EPS of $1.97, and Q4 2026 EPS of $1.99, reinforcing a steady earnings trajectory rather than a major near-term surprise.
• Neutral Sentiment: A separate article compared ITT’s stock performance with other conglomerate peers, which may support relative-strength interest, but it did not announce any new company-specific catalyst.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on ITT. DA Davidson lifted their price objective on shares of ITT from $245.00 to $255.00 and gave the company a "buy" rating in a research report on Monday, May 11th. BMO Capital Markets began coverage on shares of ITT in a research report on Friday, March 27th. They issued an "outperform" rating and a $233.00 price objective for the company. Stifel Nicolaus set a $246.00 price objective on shares of ITT in a research report on Thursday, May 7th. KeyCorp lifted their price objective on shares of ITT from $230.00 to $250.00 and gave the company an "overweight" rating in a research report on Thursday, May 7th. Finally, Weiss Ratings downgraded shares of ITT from a "buy (b)" rating to a "buy (b-)" rating in a research report on Wednesday, May 13th. Ten equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, ITT presently has a consensus rating of "Moderate Buy" and a consensus price target of $234.91.

ITT Stock Performance

Shares of ITT stock opened at $195.17 on Friday. The company has a market capitalization of $17.45 billion, a price-to-earnings ratio of 34.42, a PEG ratio of 1.83 and a beta of 1.32. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.01 and a current ratio of 1.53. The company has a 50-day simple moving average of $202.96 and a 200 day simple moving average of $191.90. ITT Inc. has a 52 week low of $147.63 and a 52 week high of $225.26.

ITT (NYSE:ITT - Get Free Report) last announced its earnings results on Wednesday, May 6th. The conglomerate reported $1.98 EPS for the quarter, topping the consensus estimate of $1.77 by $0.21. The business had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.12 billion. ITT had a net margin of 10.80% and a return on equity of 16.83%. ITT's revenue was up 32.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.45 EPS. ITT has set its FY 2026 guidance at 7.700-8.000 EPS. On average, sell-side analysts predict that ITT Inc. will post 7.9 earnings per share for the current year.

ITT Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, July 6th. Stockholders of record on Monday, June 8th will be given a $0.386 dividend. The ex-dividend date is Monday, June 8th. This represents a $1.54 annualized dividend and a dividend yield of 0.8%. ITT's payout ratio is presently 27.16%.

Insider Activity

In other news, insider Lori B. Marino sold 7,123 shares of the business's stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $208.27, for a total value of $1,483,507.21. Following the completion of the transaction, the insider directly owned 8,729 shares in the company, valued at approximately $1,817,988.83. The trade was a 44.93% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Mesa Graziano Cheryl De sold 200 shares of the business's stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $208.41, for a total transaction of $41,682.00. Following the completion of the transaction, the chief accounting officer owned 7,859 shares of the company's stock, valued at $1,637,894.19. The trade was a 2.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 70,773 shares of company stock worth $13,624,470. 0.88% of the stock is currently owned by corporate insiders.

About ITT

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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