ITT Inc. (NYSE:ITT) Given Average Recommendation of "Moderate Buy" by Brokerages

Key Points

• Wall Street sentiment is positive: ITT has an average analyst rating of “Moderate Buy” from 11 analysts, with 10 buy ratings and one hold. The average 12-month price target is about $234.91.
• Recent earnings beat expectations: The company reported $1.98 EPS on revenue of $1.21 billion, both above consensus estimates. Revenue rose 32.7% year over year, and ITT raised its FY 2026 guidance to 7.7–8.0 EPS.
• Insiders and institutions remain active: Several insiders sold shares in recent transactions, while institutional investors own 91.59% of the stock. Major holders such as Vanguard, Capital International Investors, and State Street all increased their positions in the latest reported period.

ITT Inc. (NYSE:ITT - Get Free Report) has earned an average rating of "Moderate Buy" from the eleven analysts that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $234.9091.

Several equities research analysts have recently weighed in on the company. Weiss Ratings cut ITT from a "buy (b)" rating to a "buy (b-)" rating in a research note on Wednesday, May 13th. KeyCorp upped their target price on ITT from $230.00 to $250.00 and gave the company an "overweight" rating in a report on Thursday, May 7th. Robert W. Baird set a $246.00 target price on shares of ITT in a research report on Thursday, May 7th. Wall Street Zen lowered shares of ITT from a "buy" rating to a "hold" rating in a report on Saturday, May 9th. Finally, BMO Capital Markets started coverage on shares of ITT in a research report on Friday, March 27th. They issued an "outperform" rating and a $233.00 price target on the stock.

Insider Transactions at ITT

In other news, insider Lori B. Marino sold 7,123 shares of the business's stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $208.27, for a total value of $1,483,507.21. Following the transaction, the insider directly owned 8,729 shares of the company's stock, valued at $1,817,988.83. The trade was a 44.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Mesa Graziano Cheryl De sold 200 shares of the company's stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $208.41, for a total value of $41,682.00. Following the sale, the chief accounting officer owned 7,859 shares in the company, valued at approximately $1,637,894.19. The trade was a 2.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.88% of the company's stock.

Institutional Trading of ITT

Hedge funds have recently modified their holdings of the stock. Capital International Investors grew its holdings in ITT by 3.0% in the fourth quarter. Capital International Investors now owns 8,797,165 shares of the conglomerate's stock worth $1,526,421,000 after purchasing an additional 258,936 shares during the period. Vanguard Group Inc. raised its holdings in shares of ITT by 7.9% during 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 during the period. State Street Corp boosted its position in shares of ITT by 7.4% during the 4th quarter. State Street Corp now owns 2,546,710 shares of the conglomerate's stock worth $441,880,000 after purchasing an additional 175,367 shares in the last quarter. Geode Capital Management LLC raised its stake in ITT by 15.6% during the 4th quarter. Geode Capital Management LLC now owns 1,614,929 shares of the conglomerate's stock worth $280,267,000 after buying an additional 217,360 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its stake in ITT by 55,929.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,518,405 shares of the conglomerate's stock valued at $263,458,000 after acquiring an additional 1,515,695 shares during the period. Institutional investors own 91.59% of the company's stock.

ITT Trading Up 0.1%

Shares of NYSE ITT opened at $184.89 on Thursday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.01 and a current ratio of 1.53. ITT has a 52-week low of $154.29 and a 52-week high of $225.26. The firm has a 50 day moving average price of $196.34 and a two-hundred day moving average price of $194.29. The stock has a market cap of $16.53 billion, a P/E ratio of 32.61, a price-to-earnings-growth ratio of 1.74 and a beta of 1.27.

ITT (NYSE:ITT - Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The conglomerate reported $1.98 earnings per share for the quarter, topping the consensus estimate of $1.77 by $0.21. The company had revenue of $1.21 billion for the quarter, compared to analysts' expectations of $1.12 billion. ITT had a net margin of 10.80% and a return on equity of 16.83%. ITT's revenue for the quarter was up 32.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.45 earnings per share. ITT has set its FY 2026 guidance at 7.700-8.000 EPS. As a group, equities analysts forecast that ITT will post 7.91 EPS for the current year.

ITT Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Monday, June 8th were given a dividend of $0.386 per share. The ex-dividend date of this dividend was Monday, June 8th. This represents a $1.54 dividend on an annualized basis and a yield of 0.8%. ITT's dividend payout ratio is 27.16%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.