Zurcher Kantonalbank Zurich Cantonalbank Increases Holdings in ITT Inc. $ITT

Key Points

• Zurcher Kantonalbank increased its stake in ITT by 19.5%, adding 9,197 shares to hold 56,341 shares worth about $9.78 million.
• ITT beat Q4 expectations with $1.85 EPS vs. $1.79 and revenue of $1.05 billion (up 13.5% YoY), gave Q1 2026 EPS guidance of 1.680–1.72, and analysts have raised price targets leaving a consensus "Moderate Buy" with a ~$225.55 target.
• CEO Luca Savi sold 63,450 shares for roughly $12.1 million (reducing his ownership by ~19.5%), as ITT raised its quarterly dividend to $0.386 ($1.54 annualized, ~0.7% yield).

Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of ITT Inc. (NYSE:ITT - Free Report) by 19.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 56,341 shares of the conglomerate's stock after buying an additional 9,197 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank owned 0.07% of ITT worth $9,776,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. True Wealth Design LLC lifted its holdings in ITT by 219.2% during the 3rd quarter. True Wealth Design LLC now owns 166 shares of the conglomerate's stock worth $30,000 after buying an additional 114 shares during the last quarter. Quent Capital LLC acquired a new stake in ITT during the third quarter worth approximately $37,000. Triumph Capital Management acquired a new stake in ITT during the third quarter worth approximately $37,000. Measured Wealth Private Client Group LLC acquired a new stake in ITT during the third quarter worth approximately $43,000. Finally, Bayforest Capital Ltd purchased a new position in shares of ITT during the third quarter worth about $46,000. 91.59% of the stock is owned by hedge funds and other institutional investors.

ITT Trading Up 1.1%

Shares of ITT stock opened at $219.40 on Friday. The firm has a market cap of $19.61 billion, a price-to-earnings ratio of 35.91, a price-to-earnings-growth ratio of 2.04 and a beta of 1.32. ITT Inc. has a 52-week low of $131.98 and a 52-week high of $224.12. The company's 50-day simple moving average is $199.71 and its 200-day simple moving average is $187.69. The company has a quick ratio of 2.07, a current ratio of 2.58 and a debt-to-equity ratio of 0.13.

ITT (NYSE:ITT - Get Free Report) last posted its quarterly earnings results on Thursday, February 5th. The conglomerate reported $1.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.79 by $0.06. The firm had revenue of $1.05 billion during the quarter, compared to analysts' expectations 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 prior year, the company 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 anticipate that ITT Inc. will post 7.9 earnings per share for the current year.

ITT Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 6th. Shareholders of record on Friday, March 6th were given a $0.386 dividend. The ex-dividend date was Friday, March 6th. This is a positive change from ITT's previous quarterly dividend of $0.35. This represents a $1.54 annualized dividend and a yield of 0.7%. ITT's dividend payout ratio (DPR) is currently 25.20%.

Insider Transactions at ITT

In other ITT news, CEO Luca Savi sold 63,450 shares of the stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $190.69, for a total value of $12,099,280.50. Following the completion of the transaction, 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.88% of the company's stock.

Analyst Ratings Changes

ITT has been the topic of several research reports. Citigroup raised their price objective on ITT from $225.00 to $243.00 and gave the stock a "buy" rating in a report on Monday, February 9th. KeyCorp increased their price objective on ITT from $215.00 to $230.00 and gave the company an "overweight" rating in a report on Friday, February 6th. Weiss Ratings reissued a "buy (b)" rating on shares of ITT in a report on Tuesday. BMO Capital Markets began coverage on ITT in a report on Friday, March 27th. They issued an "outperform" rating and a $233.00 price objective for the company. Finally, DA Davidson set a $245.00 price objective on ITT in a report on Monday, February 9th. Ten investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $225.55.

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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