ITT Inc. $ITT Shares Bought by Universal Beteiligungs und Servicegesellschaft mbH

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH increased its stake in ITT by 14.2% to 44,719 shares, worth about $7.76 million (roughly 0.05% of the company) at quarter-end.
• CEO Luca Savi sold 63,450 shares at an average price of $190.69 (a $12.10M transaction), cutting his ownership by 19.47% to 262,354 shares; corporate insiders now hold about 0.88% of ITT.
• ITT beat quarterly estimates with $1.85 EPS (vs. $1.79 expected) and raised its quarterly dividend to $0.386; Wall Street sentiment is largely positive with 10 Buys and 1 Hold and an average price target of $225.55, and Q1 guidance set at $1.680–1.72 EPS.

Universal Beteiligungs und Servicegesellschaft mbH boosted its position in shares of ITT Inc. (NYSE:ITT - Free Report) by 14.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 44,719 shares of the conglomerate's stock after buying an additional 5,562 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.05% of ITT worth $7,759,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. True Wealth Design LLC lifted its holdings in ITT by 219.2% during the third quarter. True Wealth Design LLC now owns 166 shares of the conglomerate's stock valued at $30,000 after purchasing an additional 114 shares in the last quarter. Quent Capital LLC purchased a new position in ITT during the third quarter valued at $37,000. Triumph Capital Management purchased a new position in ITT during the third quarter valued at $37,000. Measured Wealth Private Client Group LLC purchased a new position in ITT during the third quarter valued at $43,000. Finally, Bayforest Capital Ltd purchased a new position in ITT during the third quarter valued at $46,000. Institutional investors and hedge funds own 91.59% of the company's stock.

Insider Buying and Selling at ITT

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

Wall Street Analysts Forecast Growth

Several research firms have issued reports on ITT. KeyCorp increased their price objective on shares of ITT from $215.00 to $230.00 and gave the company an "overweight" rating in a report on Friday, February 6th. BMO Capital Markets started coverage on shares of ITT in a report on Friday, March 27th. They set an "outperform" rating and a $233.00 price objective on the stock. Barclays decreased their price target on shares of ITT from $220.00 to $210.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 1st. Robert W. Baird set a $222.00 price target on shares of ITT in a research note on Friday, February 6th. Finally, Wall Street Zen raised shares of ITT from a "hold" rating to a "buy" rating in a research note on Monday, March 2nd. Ten investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $225.55.

ITT Price Performance

Shares of ITT stock opened at $216.97 on Tuesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.58 and a quick ratio of 2.07. The firm's 50-day moving average is $200.29 and its two-hundred day moving average is $188.40. ITT Inc. has a 12 month low of $132.92 and a 12 month high of $224.12. The company has a market capitalization of $19.40 billion, a PE ratio of 35.51, a price-to-earnings-growth ratio of 2.06 and a beta of 1.32.

ITT (NYSE:ITT - Get Free Report) last issued its earnings results on Thursday, February 5th. The conglomerate reported $1.85 EPS for the quarter, topping analysts' consensus estimates of $1.79 by $0.06. ITT had a net margin of 12.39% and a return on equity of 17.74%. The company had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same period in the previous year, the firm earned $1.50 earnings per share. ITT'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. Analysts predict that ITT Inc. will post 7.9 earnings per share for the current year.

ITT Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 6th. Shareholders of record on Friday, March 6th were given a dividend of $0.386 per share. This is a boost 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%. The ex-dividend date was Friday, March 6th. ITT's dividend payout ratio (DPR) is 25.20%.

ITT 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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