ITT Inc. $ITT Stock Purchased by Fort Washington Investment Advisors Inc. OH

Key Points

• Fort Washington Investment Advisors increased its ITT stake by 3.5% in the third quarter, bringing its holdings to 161,196 shares valued at approximately $32.5 million. Institutional investors collectively own 91.59% of ITT.
• ITT reported quarterly earnings of $2.08 per share, exceeding estimates of $1.92, while revenue rose 51.5% year over year to $1.47 billion. The company guided to fiscal 2026 EPS of $8.12–$8.32.
• Analysts maintain a favorable outlook, with eight Buy ratings and one Hold rating, producing a consensus “Moderate Buy” rating and an average price target of $259.56 versus the reported share price of $201.17.

Fort Washington Investment Advisors Inc. OH raised its holdings in ITT Inc. (NYSE:ITT - Free Report) by 3.5% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 161,196 shares of the conglomerate's stock after acquiring an additional 5,402 shares during the period. Fort Washington Investment Advisors Inc. OH owned approximately 0.18% of ITT worth $32,533,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Contravisory Investment Management Inc. raised its stake in ITT by 7,616.5% in the third quarter. Contravisory Investment Management Inc. now owns 6,559 shares of the conglomerate's stock valued at $1,324,000 after purchasing an additional 6,474 shares in the last quarter. Wedmont Private Capital grew its stake in ITT by 22.0% in the 3rd quarter. Wedmont Private Capital now owns 1,411 shares of the conglomerate's stock worth $280,000 after buying an additional 254 shares in the last quarter. GAMMA Investing LLC grew its stake in ITT by 12.4% in the 3rd quarter. GAMMA Investing LLC now owns 3,475 shares of the conglomerate's stock worth $701,000 after buying an additional 382 shares in the last quarter. Farther Finance Advisors LLC grew its stake in ITT by 7.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,691 shares of the conglomerate's stock worth $341,000 after buying an additional 115 shares in the last quarter. Finally, Everhart Financial Group Inc. increased its holdings in shares of ITT by 0.8% in the 3rd quarter. Everhart Financial Group Inc. now owns 8,589 shares of the conglomerate's stock worth $1,733,000 after buying an additional 66 shares during the last quarter. Institutional investors own 91.59% of the company's stock.

ITT Stock Performance

Shares of NYSE ITT opened at $201.17 on Friday. The stock's 50-day moving average is $205.78 and its 200 day moving average is $201.49. The stock has a market cap of $17.98 billion, a price-to-earnings ratio of 39.45, a P/E/G ratio of 1.63 and a beta of 1.25. ITT Inc. has a 1-year low of $166.96 and a 1-year high of $230.32. The company has a current ratio of 1.26, a quick ratio of 0.85 and a debt-to-equity ratio of 0.60.

ITT (NYSE:ITT - Get Free Report) last issued its earnings results on Thursday, August 6th. The conglomerate reported $2.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.92 by $0.16. ITT had a return on equity of 15.90% and a net margin of 8.90%. The business had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.39 billion. During the same quarter in the prior year, the firm earned $1.64 earnings per share. ITT's revenue for the quarter was up 51.5% on a year-over-year basis. ITT has set its FY 2026 guidance at 8.120-8.320 EPS. On average, sell-side analysts anticipate that ITT Inc. will post 8.25 EPS for the current fiscal year.

ITT Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 5th. Stockholders of record on Tuesday, September 8th were issued a $0.3860 dividend. This represents a $1.54 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Tuesday, September 8th. ITT's payout ratio is presently 30.20%.

Insiders Place Their Bets

In related news, CAO Graziano De sold 700 shares of the stock in a transaction on Friday, August 7th. The shares were sold at an average price of $214.54, for a total transaction of $150,178.00. Following the transaction, the chief accounting officer owned 7,159 shares of the company's stock, valued at approximately $1,535,891.86. This trade represents a 8.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Luca Savi bought 5,019 shares of the firm's stock in a transaction that occurred on Monday, August 31st. The stock was acquired at an average price of $199.56 per share, for a total transaction of $1,001,591.64. Following the transaction, the chief executive officer owned 267,373 shares in the company, valued at $53,356,955.88. This trade represents a 1.91% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.88% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on ITT. DA Davidson raised their price objective on shares of ITT from $255.00 to $265.00 and gave the company a "buy" rating in a research report on Tuesday, August 11th. Citigroup lifted their price objective on shares of ITT from $254.00 to $267.00 and gave the stock a "buy" rating in a report on Friday, August 7th. Stifel Nicolaus upped their target price on shares of ITT from $246.00 to $250.00 and gave the stock a "buy" rating in a research report on Monday, July 20th. KeyCorp upped their target price on shares of ITT from $250.00 to $263.00 and gave the stock an "overweight" rating in a research report on Friday, August 7th. Finally, Weiss Ratings raised ITT from a "buy (b-)" rating to a "buy (b)" rating in a research note on Thursday, October 8th. Eight research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, ITT currently has a consensus rating of "Moderate Buy" and an average price target of $259.56.

ITT Profile

ITT Inc NYSE: ITT is a global manufacturer of highly engineered components and technologies serving the transportation, energy, industrial, infrastructure, and aerospace and defense markets. The company develops products designed to support critical applications where reliability, performance, and safety are essential.

ITT operates through three principal business segments: Motion Technologies, Industrial Process, and Connect & Control Technologies. Its products include brake pads and friction materials, shock absorbers, pumps, valves, monitoring and control systems, connectors, switches, and other specialized components.

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