ITT Inc. $ITT Shares Purchased by Capital International Investors

Key Points

• Capital International Investors raised its stake in ITT by 0.5% in Q3, now owning 8,538,229 shares (10.95%) valued at about $1.526 billion after adding 38,433 shares.
• CEO Luca Savi sold 63,450 shares on March 5 at an average price of $190.69 for roughly $12.10 million, cutting his position by 19.47% to 262,354 shares.
• ITT beat quarterly estimates with $1.85 EPS (vs. $1.79) and $1.05B revenue (vs. $1.01B), set Q1 2026 guidance of $1.680–1.72 EPS, and raised its quarterly dividend to $0.386 (annualized $1.54; yield 0.8%).

Capital International Investors raised its stake in ITT Inc. (NYSE:ITT - Free Report) by 0.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,538,229 shares of the conglomerate's stock after purchasing an additional 38,433 shares during the period. Capital International Investors owned 10.95% of ITT worth $1,526,281,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Financial Gravity Companies Inc. acquired a new position in shares of ITT in the 2nd quarter valued at $27,000. True Wealth Design LLC lifted its position in ITT by 219.2% in the third quarter. True Wealth Design LLC now owns 166 shares of the conglomerate's stock valued at $30,000 after acquiring an additional 114 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new stake in ITT in the second quarter valued at $34,000. Quent Capital LLC acquired a new position in ITT in the third quarter valued at $37,000. Finally, MTM Investment Management LLC purchased a new position in shares of ITT during the second quarter worth about $39,000. Hedge funds and other institutional investors own 91.59% of the company's stock.

Insider Transactions at ITT

In other ITT news, CEO Luca Savi sold 63,450 shares of the business's stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $190.69, for a total value of $12,099,280.50. Following the transaction, the chief executive officer directly owned 262,354 shares of the company's stock, valued at approximately $50,028,284.26. The trade was a 19.47% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.47% of the company's stock.

ITT Stock Performance

Shares of ITT stock opened at $186.20 on Tuesday. The stock's 50-day moving average price is $190.27 and its 200 day moving average price is $182.36. 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 stock has a market capitalization of $16.01 billion, a PE ratio of 30.47, a price-to-earnings-growth ratio of 1.71 and a beta of 1.34. ITT Inc. has a 52-week low of $105.64 and a 52-week high of $209.70.

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

ITT Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 6th. Investors of record on Friday, March 6th will be given a $0.386 dividend. This is a positive change from ITT's previous quarterly dividend of $0.35. The ex-dividend date is Friday, March 6th. This represents a $1.54 dividend on an annualized basis and a yield of 0.8%. ITT's payout ratio is 25.20%.

Wall Street Analysts Forecast Growth

ITT has been the subject of several research reports. Robert W. Baird set a $222.00 target price on ITT in a report on Friday, February 6th. KeyCorp lifted their price target on ITT from $215.00 to $230.00 and gave the stock an "overweight" rating in a research report on Friday, February 6th. Weiss Ratings reiterated a "buy (b)" rating on shares of ITT in a research note on Thursday, January 22nd. Barclays assumed coverage on ITT in a report on Monday. They issued an "equal weight" rating and a $220.00 price objective for the company. Finally, DA Davidson set a $245.00 target price on shares of ITT in a research report on Monday, February 9th. Nine equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, ITT has a consensus rating of "Moderate Buy" and an average price target of $216.50.

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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