ITT Inc. $ITT Shares Acquired by Empowered Funds LLC

Key Points

• Empowered Funds LLC increased its ITT holdings by 174.4% in the first quarter, bringing its position to 7,528 shares valued at approximately $1.43 million. Institutional investors collectively own 91.59% of ITT.
• Analysts remain broadly optimistic, with 11 Buy ratings and one Hold rating, producing a “Moderate Buy” consensus and an average price target of $240.25.
• ITT exceeded quarterly earnings and revenue expectations, reporting adjusted EPS of $2.08 and revenue of $1.47 billion, while raising 2026 adjusted EPS guidance to $8.12–$8.32 and declaring a quarterly dividend of $0.386 per share.

Empowered Funds LLC increased its holdings in shares of ITT Inc. (NYSE:ITT - Free Report) by 174.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,528 shares of the conglomerate's stock after acquiring an additional 4,785 shares during the quarter. Empowered Funds LLC's holdings in ITT were worth $1,434,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Elyxium Wealth LLC acquired a new position in shares of ITT during the fourth quarter valued at $29,000. Bayban bought a new stake in shares of ITT during the 4th quarter worth about $31,000. Parkside Financial Bank & Trust increased its position 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 during the period. Entrust Financial LLC bought a new stake in shares of ITT in the 4th quarter worth $36,000. Finally, Triumph Capital Management bought a new stake in shares of ITT in the 3rd quarter worth $37,000. Institutional investors own 91.59% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on ITT shares. Citigroup increased their target price on shares of ITT from $254.00 to $267.00 and gave the company a "buy" rating in a research note on Friday. DA Davidson lifted their target price on ITT from $245.00 to $255.00 and gave the stock a "buy" rating in a report on Monday, May 11th. Barclays boosted their target price on ITT from $210.00 to $230.00 and gave the stock an "equal weight" rating in a research report on Thursday, May 7th. Robert W. Baird set a $246.00 target price on ITT in a report on Thursday, May 7th. Finally, KeyCorp increased their price target on ITT from $250.00 to $263.00 and gave the company an "overweight" rating in a research report on Friday. Eleven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $240.25.

ITT Stock Performance

NYSE:ITT opened at $213.50 on Friday. The firm has a market capitalization of $19.09 billion, a PE ratio of 41.86, a PEG ratio of 1.94 and a beta of 1.27. The firm's fifty day simple moving average is $194.15 and its 200 day simple moving average is $197.01. ITT Inc. has a 1 year low of $164.00 and a 1 year high of $230.32. The company has a current ratio of 1.26, a quick ratio of 1.01 and a debt-to-equity ratio of 0.60.

ITT (NYSE:ITT - Get Free Report) last released its 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 business 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 firm's revenue was up 51.5% on a year-over-year basis. 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, sell-side analysts anticipate that ITT Inc. will post 8.22 EPS for the current year.

ITT Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 5th. Stockholders of record on Tuesday, September 8th will be paid a $0.386 dividend. This represents a $1.54 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Tuesday, September 8th. ITT's dividend payout ratio is currently 27.16%.

More ITT News

Here are the key news stories impacting ITT this week:

• Positive Sentiment: ITT reported second-quarter adjusted EPS of $2.08, ahead of the $1.92–$1.93 analyst consensus, while revenue rose approximately 51% year over year to $1.47 billion, exceeding estimates. ITT Q2 Earnings Beat Estimates on Broad-Based Organic Growth
• Positive Sentiment: Organic revenue and orders both grew 13%, while total orders increased 53%. Strength in aerospace and defense, commercial aerospace, rail, pump projects and the Friction business supported the quarter. ITT Reports Second-Quarter Results and Raises Guidance
• Positive Sentiment: Management raised 2026 adjusted EPS guidance to $8.12–$8.32, or $8.22 at the midpoint, from $7.70–$8.00, above the roughly $7.92 consensus. The company also increased its organic revenue-growth outlook to 5%–8% from 4%–6% and raised expectations for revenue, margins and cash flow. ITT Raises 2026 Guidance
• Positive Sentiment: The SPX FLOW acquisition drove substantial sales growth, and management said integration, cost synergies and debt repayment are progressing ahead of plan, potentially improving future profitability and leverage. ITT Q2 Deep Dive
• Neutral Sentiment: ITT declared a quarterly dividend of $0.386 per share, payable October 5 to shareholders of record September 8. The approximately 0.7% yield adds shareholder support but is unlikely to be the primary stock catalyst.
• Negative Sentiment: SPX FLOW integration is contributing to margin dilution despite improving synergies, leaving execution and profitability risks as investors assess the acquisition-led growth strategy. ITT insiders have also reported only open-market sales—not purchases—in recent months.

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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