BOK Financial Private Wealth Inc. Makes New $1.82 Million Investment in ITT Inc. $ITT

Key Points

• BOK Financial Private Wealth established a new $1.82 million position in ITT during the second quarter by purchasing 9,182 shares. Institutional investors collectively own 91.59% of ITT.
• ITT exceeded quarterly expectations, reporting $2.08 in EPS versus the $1.92 consensus and revenue of $1.47 billion, up 51.5% year over year. The company provided fiscal 2026 EPS guidance of $8.12–$8.32.
• Analysts remain broadly positive, with 11 Buy ratings and one Hold rating and a consensus price target of $241.08. ITT also declared a quarterly dividend of $0.386 per share, representing a 0.7% yield.

BOK Financial Private Wealth Inc. bought a new position in ITT Inc. (NYSE:ITT - Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 9,182 shares of the conglomerate's stock, valued at approximately $1,819,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ITT. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in ITT in the second quarter valued at approximately $28,000. Elyxium Wealth LLC acquired a new stake in shares of ITT during the 4th quarter worth approximately $29,000. Bayban acquired a new stake in shares of ITT during the 4th quarter worth approximately $31,000. Trust Co. of Vermont purchased a new position in shares of ITT during the 2nd quarter valued at approximately $33,000. Finally, Parkside Financial Bank & Trust increased its holdings in shares of ITT by 62.8% during the 4th quarter. Parkside Financial Bank & Trust now owns 197 shares of the conglomerate's stock valued at $34,000 after purchasing an additional 76 shares in the last quarter. Institutional investors and hedge funds own 91.59% of the company's stock.

ITT Stock Performance

ITT stock opened at $218.40 on Wednesday. The firm has a 50 day simple moving average of $197.59 and a 200-day simple moving average of $198.79. ITT Inc. has a 1-year low of $164.00 and a 1-year high of $230.32. 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 stock has a market cap of $19.52 billion, a price-to-earnings ratio of 42.82, a price-to-earnings-growth ratio of 1.79 and a beta of 1.27.

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

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 paid a dividend of $0.386 per share. This represents a $1.54 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Tuesday, September 8th. ITT's payout ratio is presently 30.20%.

Insider Buying and Selling

In other news, CAO Mesa Graziano Cheryl De sold 700 shares of ITT stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $214.54, for a total value of $150,178.00. Following the completion of the transaction, the chief accounting officer owned 7,159 shares in the company, valued at approximately $1,535,891.86. This trade represents a 8.91% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.88% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on ITT shares. Citigroup increased their target price on ITT from $254.00 to $267.00 and gave the company a "buy" rating in a research report on Friday, August 7th. Wall Street Zen lowered shares of ITT from a "buy" rating to a "hold" rating in a report on Saturday, May 9th. Weiss Ratings restated a "buy (b-)" rating on shares of ITT in a research report on Friday, August 7th. BMO Capital Markets reaffirmed an "outperform" rating and set a $273.00 price objective on shares of ITT in a report on Friday, August 7th. Finally, Stifel Nicolaus lifted their target price on shares of ITT from $246.00 to $250.00 and gave the company a "buy" rating in a research report on Monday, July 20th. Eleven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, ITT presently has a consensus rating of "Moderate Buy" and an average price target of $241.08.

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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