ITT Inc. $ITT Shares Bought by TD Waterhouse Canada Inc.

Key Points

• TD Waterhouse Canada Inc. boosted its ITT stake by 85,700.0%, adding 9,427 shares to hold 9,438 shares valued at about $1.64 million; multiple other institutions also increased positions, leaving institutional ownership at 91.59%.
• CEO Luca Savi sold 63,450 shares for roughly $12.1 million, reducing his ownership by 19.47%; insiders now hold 0.88% of the stock.
• ITT beat Q4 estimates with $1.85 EPS and 13.5% revenue growth, set Q1 2026 EPS guidance of $1.68–1.72, raised its quarterly dividend to $0.386, and carries a consensus “Moderate Buy” analyst rating with an average target of $225.55.

TD Waterhouse Canada Inc. boosted its holdings in shares of ITT Inc. (NYSE:ITT - Free Report) by 85,700.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,438 shares of the conglomerate's stock after buying an additional 9,427 shares during the period. TD Waterhouse Canada Inc.'s holdings in ITT were worth $1,637,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Zurcher Kantonalbank Zurich Cantonalbank increased its position in ITT by 19.5% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 56,341 shares of the conglomerate's stock valued at $9,776,000 after buying an additional 9,197 shares in the last quarter. Bayforest Capital Ltd increased its position in ITT by 227.5% during the 4th quarter. Bayforest Capital Ltd now owns 845 shares of the conglomerate's stock valued at $147,000 after buying an additional 587 shares in the last quarter. Asset Management One Co. Ltd. increased its position in ITT by 39.5% during the 4th quarter. Asset Management One Co. Ltd. now owns 1,942 shares of the conglomerate's stock valued at $345,000 after buying an additional 550 shares in the last quarter. Merit Financial Group LLC increased its position in ITT by 24.3% during the 4th quarter. Merit Financial Group LLC now owns 5,875 shares of the conglomerate's stock valued at $1,019,000 after buying an additional 1,150 shares in the last quarter. Finally, CWM LLC increased its position in ITT by 31.2% during the 4th quarter. CWM LLC now owns 19,092 shares of the conglomerate's stock valued at $3,313,000 after buying an additional 4,536 shares in the last quarter. 91.59% of the stock is owned by institutional investors and hedge funds.

Insider Activity at ITT

In other news, CEO Luca Savi sold 63,450 shares of the company's stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $190.69, for a total value of $12,099,280.50. Following the sale, the chief executive officer owned 262,354 shares in the company, valued at $50,028,284.26. This represents a 19.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.88% of the stock is owned by insiders.

ITT Trading Up 1.1%

Shares of NYSE:ITT opened at $219.40 on Friday. ITT Inc. has a 52-week low of $131.98 and a 52-week high of $224.12. The stock has a market cap of $19.61 billion, a price-to-earnings ratio of 35.91, a PEG ratio of 2.04 and a beta of 1.32. 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 business has a 50-day moving average price of $199.71 and a 200-day moving average price of $187.69.

ITT (NYSE:ITT - Get Free Report) last announced its quarterly earnings data on Thursday, February 5th. The conglomerate reported $1.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.79 by $0.06. ITT had a return on equity of 17.74% and a net margin of 12.39%.The firm had revenue of $1.05 billion during the quarter, compared to analysts' expectations of $1.01 billion. During the same period last year, the business posted $1.50 earnings per share. The company's revenue for the quarter was up 13.5% compared to the same quarter last year. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. Equities analysts predict that ITT Inc. will post 7.9 EPS for the current year.

ITT Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 6th. Stockholders of record on Friday, March 6th were paid a $0.386 dividend. The ex-dividend date was Friday, March 6th. This is a positive change from ITT's previous quarterly dividend of $0.35. This represents a $1.54 dividend on an annualized basis and a dividend yield of 0.7%. ITT's dividend payout ratio (DPR) is currently 25.20%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on ITT. Barclays cut their price objective on ITT from $220.00 to $210.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 1st. Weiss Ratings restated a "buy (b)" rating on shares of ITT in a research note on Tuesday. The Goldman Sachs Group assumed coverage on ITT in a research note on Tuesday, March 31st. They issued a "buy" rating and a $270.00 price objective for the company. Citigroup raised their price objective on ITT from $225.00 to $243.00 and gave the stock a "buy" rating in a research note on Monday, February 9th. Finally, KeyCorp raised their price objective on ITT from $215.00 to $230.00 and gave the stock an "overweight" rating in a research note on Friday, February 6th. Ten analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $225.55.

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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