UBS Group AG Sells 139,373 Shares of ITT Inc. $ITT

Key Points

• UBS Group AG trimmed its position in ITT by 26.8%, selling 139,373 shares and leaving it with 380,640 shares (about 0.44% of the company) worth roughly $66.0 million, while institutional ownership stands at about 91.6%.
• ITT beat Q4 expectations with $1.85 EPS (vs. $1.79 est.) and $1.05B revenue (vs. $1.01B est.), reporting 13.5% revenue growth year-over-year and setting Q1 2026 guidance of $1.68–1.72 EPS.
• Analysts maintain a consensus of "Moderate Buy" with an average target of $225.55; notable notes include Goldman Sachs initiating coverage with a $270 buy target while Barclays cut its target to $210, leaving 10 Buy ratings and 1 Hold.

UBS Group AG reduced its holdings in ITT Inc. (NYSE:ITT - Free Report) by 26.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 380,640 shares of the conglomerate's stock after selling 139,373 shares during the quarter. UBS Group AG owned about 0.44% of ITT worth $66,045,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in ITT. Sanctuary Advisors LLC increased its stake in ITT by 20.3% in the fourth quarter. Sanctuary Advisors LLC now owns 3,858 shares of the conglomerate's stock valued at $669,000 after purchasing an additional 650 shares in the last quarter. AEGON ASSET MANAGEMENT UK Plc increased its stake in ITT by 53.5% in the fourth quarter. AEGON ASSET MANAGEMENT UK Plc now owns 169,781 shares of the conglomerate's stock valued at $29,449,000 after purchasing an additional 59,163 shares in the last quarter. Vanguard Group Inc. increased its stake in ITT by 7.9% in the fourth quarter. Vanguard Group Inc. now owns 8,460,467 shares of the conglomerate's stock valued at $1,467,976,000 after purchasing an additional 620,217 shares in the last quarter. Concurrent Investment Advisors LLC bought a new stake in ITT in the fourth quarter valued at $556,000. Finally, Arizona State Retirement System increased its stake in ITT by 2.8% in the fourth quarter. Arizona State Retirement System now owns 23,951 shares of the conglomerate's stock valued at $4,156,000 after purchasing an additional 662 shares in the last quarter. 91.59% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have weighed in on ITT. Barclays decreased their price target on shares of ITT from $220.00 to $210.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 1st. The Goldman Sachs Group assumed coverage on ITT in a report on Tuesday, March 31st. They set a "buy" rating and a $270.00 price objective for the company. DA Davidson set a $245.00 price objective on ITT in a report on Monday, February 9th. Wall Street Zen upgraded ITT from a "hold" rating to a "buy" rating in a report on Monday, March 2nd. Finally, Stifel Nicolaus boosted their price objective on ITT from $218.00 to $228.00 and gave the company a "buy" rating in a report on Friday, February 6th. Ten equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $225.55.

ITT Trading Down 0.4%

NYSE:ITT opened at $209.05 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 has a 50-day moving average of $200.82 and a 200-day moving average of $189.29. The company has a market cap of $18.69 billion, a PE ratio of 34.21, a PEG ratio of 1.98 and a beta of 1.32. ITT Inc. has a one year low of $139.97 and a one year high of $224.12.

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

ITT Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 6th. Investors of record on Friday, March 6th were issued a dividend of $0.386 per share. This represents a $1.54 annualized dividend and a yield of 0.7%. This is an increase from ITT's previous quarterly dividend of $0.35. The ex-dividend date was Friday, March 6th. ITT's dividend payout ratio is currently 25.20%.

Insider Transactions at ITT

In related news, CEO Luca Savi sold 63,450 shares of the company's stock in a transaction on Thursday, March 5th. The stock was 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 owned 262,354 shares in the company, valued at approximately $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 SEC, which can be accessed through this link. Company insiders own 0.88% of the company's stock.

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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