Fisher Asset Management LLC Has $17.95 Million Holdings in ITT Inc. $ITT

Key Points

• Fisher Asset Management LLC trimmed its holdings in ITT by 5.2% to 100,412 shares, valued at $17.95 million, while institutional investors collectively own 91.59% of the company.
• Analysts are broadly positive—nine research firms rate ITT a Buy with a consensus target price of $216.11, and several firms recently raised their price targets.
• ITT beat quarterly expectations (EPS $1.85 vs. $1.79; revenue $1.05B, +13.5% YoY), set Q1 2026 guidance of $1.68–1.72 EPS, and increased its quarterly dividend to $0.386 ($1.54 annualized).

Fisher Asset Management LLC trimmed its holdings in ITT Inc. (NYSE:ITT - Free Report) by 5.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 100,412 shares of the conglomerate's stock after selling 5,453 shares during the quarter. Fisher Asset Management LLC owned 0.13% of ITT worth $17,950,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Amundi grew its position in ITT by 22,565.6% in the 1st quarter. Amundi now owns 7,253 shares of the conglomerate's stock worth $867,000 after purchasing an additional 7,221 shares during the last quarter. Goldman Sachs Group Inc. grew its position in ITT by 7.4% during the first quarter. Goldman Sachs Group Inc. now owns 418,238 shares of the conglomerate's stock worth $54,020,000 after buying an additional 28,937 shares in the last quarter. Empowered Funds LLC bought a new position in ITT during the first quarter valued at about $360,000. Focus Partners Wealth increased its stake in ITT by 80.7% during the first quarter. Focus Partners Wealth now owns 7,871 shares of the conglomerate's stock valued at $1,017,000 after acquiring an additional 3,515 shares during the period. Finally, Envestnet Asset Management Inc. raised its holdings in ITT by 0.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 92,820 shares of the conglomerate's stock valued at $14,557,000 after acquiring an additional 621 shares in the last quarter. Institutional investors own 91.59% of the company's stock.

Analyst Upgrades and Downgrades

ITT has been the topic of several recent research reports. Weiss Ratings reissued a "buy (b)" rating on shares of ITT in a report on Thursday, January 22nd. Stifel Nicolaus boosted their price target on shares of ITT from $218.00 to $228.00 and gave the company a "buy" rating in a report on Friday, February 6th. Citigroup raised their price objective on shares of ITT from $225.00 to $243.00 and gave the stock a "buy" rating in a report on Monday, February 9th. KeyCorp lifted their target price on shares of ITT from $215.00 to $230.00 and gave the company an "overweight" rating in a research report on Friday, February 6th. Finally, Wall Street Zen raised shares of ITT from a "hold" rating to a "buy" rating in a research report on Monday. Nine research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of $216.11.

ITT Trading Up 2.8%

Shares of ITT stock opened at $197.78 on Thursday. The company has a market capitalization of $17.01 billion, a P/E ratio of 32.37, a P/E/G ratio of 1.78 and a beta of 1.34. ITT Inc. has a 12-month low of $105.64 and a 12-month high of $209.70. The company has a quick ratio of 2.07, a current ratio of 2.58 and a debt-to-equity ratio of 0.13. The firm has a 50-day moving average price of $189.69 and a 200 day moving average price of $181.80.

ITT (NYSE:ITT - Get Free Report) last issued its quarterly earnings data on Thursday, February 5th. The conglomerate reported $1.85 earnings per share for the quarter, topping the consensus estimate of $1.79 by $0.06. ITT had a net margin of 12.39% and a return on equity of 17.74%. The firm had revenue of $1.05 billion for the quarter, compared to analysts' expectations of $1.01 billion. During the same period in the prior year, the firm earned $1.50 earnings per share. The company's quarterly revenue was up 13.5% compared to the same quarter last year. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. Research analysts forecast that ITT Inc. will post 6.51 earnings per share for the current fiscal year.

ITT Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 6th. Stockholders of record on Friday, March 6th will be issued a dividend of $0.386 per share. The ex-dividend date is Friday, March 6th. This is a boost from ITT's previous quarterly dividend of $0.35. This represents a $1.54 annualized dividend and a dividend yield of 0.8%. ITT's dividend payout ratio (DPR) is currently 22.91%.

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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