Strs Ohio Acquires 5,270 Shares of ITT Inc. $ITT

Key Points

• Strs Ohio boosted its ITT stake by 283.8% in Q4, adding 5,270 shares to hold 7,127 shares worth about $1.237 million per its latest 13F filing.
• ITT beat Q1 estimates, reporting adjusted EPS of $1.98 versus $1.77 expected and revenue of $1.21B (+32.7% YoY), and issued FY‑2026 adjusted EPS guidance of $7.70–$8.00 (consensus ~7.9).
• CEO Luca Savi sold 63,450 shares on March 5, reducing his holding by 19.47%, a disclosure that could temper investor enthusiasm despite the strong quarter.

Strs Ohio increased its holdings in shares of ITT Inc. (NYSE:ITT - Free Report) by 283.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,127 shares of the conglomerate's stock after acquiring an additional 5,270 shares during the quarter. Strs Ohio's holdings in ITT were worth $1,237,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in ITT. Capital International Investors boosted its position in ITT by 0.5% during the third quarter. Capital International Investors now owns 8,538,229 shares of the conglomerate's stock worth $1,526,281,000 after purchasing an additional 38,433 shares during the period. Vanguard Group Inc. lifted its stake in shares of ITT by 7.9% during the 4th quarter. Vanguard Group Inc. now owns 8,460,467 shares of the conglomerate's stock worth $1,467,976,000 after buying an additional 620,217 shares during the last quarter. Alliancebernstein L.P. lifted its stake in shares of ITT by 11.2% during the 3rd quarter. Alliancebernstein L.P. now owns 1,188,219 shares of the conglomerate's stock worth $212,406,000 after buying an additional 119,601 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of ITT by 3.1% during the 3rd quarter. Invesco Ltd. now owns 1,128,933 shares of the conglomerate's stock worth $201,808,000 after buying an additional 34,183 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in shares of ITT by 1.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 786,681 shares of the conglomerate's stock worth $123,376,000 after buying an additional 7,562 shares during the period. Institutional investors own 91.59% of the company's stock.

ITT Stock Up 2.1%

ITT stock opened at $217.21 on Thursday. ITT Inc. has a 52 week low of $140.43 and a 52 week high of $225.26. The business has a 50-day simple moving average of $201.21 and a 200 day simple moving average of $189.89. 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 company has a market cap of $19.42 billion, a PE ratio of 35.55, a price-to-earnings-growth ratio of 2.00 and a beta of 1.32.

ITT (NYSE:ITT - Get Free Report) last released its earnings results on Wednesday, May 6th. The conglomerate reported $1.98 EPS for the quarter, beating the consensus estimate of $1.77 by $0.21. The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.12 billion. ITT had a net margin of 12.39% and a return on equity of 17.74%. The business's quarterly revenue was up 32.7% compared to the same quarter last year. During the same period last year, the firm earned $1.45 EPS. ITT has set its FY 2026 guidance at 7.700-8.000 EPS. Sell-side analysts anticipate that ITT Inc. will post 7.9 EPS for the current fiscal year.

ITT Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 6th. Investors of record on Monday, June 8th will be paid a $0.386 dividend. This represents a $1.54 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Monday, June 8th. ITT's dividend payout ratio (DPR) is 25.20%.

Insider Transactions at ITT

In other ITT news, CEO Luca Savi sold 63,450 shares of the business's stock in a transaction that occurred on 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 transaction, the chief executive officer directly owned 262,354 shares in the company, valued at $50,028,284.26. The trade was a 19.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.88% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Barclays lowered their price target on shares of ITT from $220.00 to $210.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 1st. DA Davidson set a $245.00 target price on ITT in a research report on Monday, February 9th. Weiss Ratings reiterated a "buy (b)" rating on shares of ITT in a research note on Tuesday, April 21st. Stifel Nicolaus lifted their price target on ITT from $218.00 to $228.00 and gave the stock a "buy" rating in a report on Friday, February 6th. Finally, BMO Capital Markets started coverage on ITT in a research note on Friday, March 27th. They issued an "outperform" rating and a $233.00 price target for the company. Ten investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, ITT has a consensus rating of "Moderate Buy" and an average price target of $225.55.

Trending Headlines about ITT

Here are the key news stories impacting ITT this week:

• Positive Sentiment: Q1 results beat consensus — adjusted EPS $1.98 vs. ~ $1.77 estimate and revenue $1.21B (+32.7% Y/Y), signaling solid top‑line growth and beat across the board. BusinessWire: ITT Reports Q1 Results
• Positive Sentiment: Management introduced FY‑2026 adjusted EPS guidance of $7.70–$8.00 after closing SPX FLOW — guidance roughly in line with consensus and provides a clear post‑acquisition outlook that reduces near‑term uncertainty. Seeking Alpha: Guidance After SPX FLOW Close
• Neutral Sentiment: Company declared a quarterly dividend of $0.386 (record June 8, payable July 6). Yield is modest (~0.7%) — supportive but not a material income driver. (Company dividend notice)
• Neutral Sentiment: Full earnings materials and call transcript/slide deck are available for deeper read‑throughs — useful for investors who want segment/forward‑order detail and margin drivers. Seeking Alpha: Q1 2026 Earnings Call Transcript
• Negative Sentiment: Margins showed some pressure despite revenue strength — commentary and modeling revisions around margin mix and integration costs prompted caution in parts of the market. See analysis of investor reaction to stronger revenue but weaker margins. Yahoo Finance: Investor Reaction to Q1 Margins
• Negative Sentiment: Recent insider sales (including disclosures showing CEO share sales) may be viewed unfavorably by some investors and can temper enthusiasm despite the beat. QuiverQuant: Q1 Release & Insider Activity

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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