ITT (NYSE:ITT) Hits New 12-Month High After Earnings Beat

Key Points

• Share price reaction: ITT hit a new 52-week high after Q1 results—adjusted EPS of $1.98 topped the $1.77 estimate and revenue rose about 32.7% (~$1.212B), and management set FY2026 guidance of $7.70–$8.00 EPS.
• Capital returns: The company boosted its quarterly dividend to $0.386 (annualized $1.54, ~0.7% yield) from $0.35, with a dividend payout ratio around 25%.
• Insider and analyst signals: CEO Luca Savi sold 63,450 shares (~$12.1M), reducing his stake by ~19.5%, while Wall Street consensus remains largely positive with a ~ $225.55 target and a "Moderate Buy" average rating.

ITT Inc. (NYSE:ITT - Get Free Report) reached a new 52-week high on Wednesday following a better than expected earnings announcement. The company traded as high as $225.26 and last traded at $219.8480, with a volume of 107606 shares changing hands. The stock had previously closed at $212.69.

The conglomerate reported $1.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.77 by $0.21. ITT had a net margin of 12.39% and a return on equity of 17.74%. During the same period last year, the firm earned $1.45 earnings per share. ITT's revenue for the quarter was up 32.7% compared to the same quarter last year. ITT has set its FY 2026 guidance at 7.700-8.000 EPS.

ITT Increases Dividend

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

Key Stories Impacting ITT

Here are the key news stories impacting ITT this week:

• Positive Sentiment: Q1 adjusted EPS and revenue beat consensus, driven by strong top‑line growth (reported adjusted EPS $1.98 vs. ~$1.77 estimate; revenue up ~32.7% year‑over‑year). Article Title
• Positive Sentiment: Company press release details Q1 results (adjusted EPS $1.98, GAAP EPS $0.89) and introduces a FY2026 outlook following the closing of SPX FLOW—signals management confidence from the acquisition. Article Title
• Positive Sentiment: Revenue beat quantified: Q1 revenue ~$1.212B, roughly $107M above consensus—supports organic and acquisition‑driven growth thesis. Article Title
• Neutral Sentiment: FY2026 EPS guidance set to $7.70–$8.00, which largely overlaps consensus (~7.78) — gives visibility but is not a material beat; market reaction depends on buy‑side interpretation. Article Title
• Neutral Sentiment: Company hosted a conference call and published slides — useful for detail on SPX FLOW synergies, margin outlook, and working capital assumptions; investors will watch execution. Article Title
• Negative Sentiment: Insider selling: executives (including the CEO) have sold shares recently (reported sales of sizable blocks), which can weigh on sentiment despite strong results. Article Title

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on ITT shares. DA Davidson set a $245.00 target price on shares of ITT in a research report on Monday, February 9th. KeyCorp upped their price target on shares of ITT from $215.00 to $230.00 and gave the company an "overweight" rating in a research report on Friday, February 6th. Weiss Ratings restated a "buy (b)" rating on shares of ITT in a research report on Tuesday, April 21st. Stifel Nicolaus upped their price target on shares of ITT from $218.00 to $228.00 and gave the company a "buy" rating in a research report on Friday, February 6th. Finally, Barclays cut 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 report on Wednesday, April 1st. Ten research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $225.55.

Insider Transactions at ITT

In other ITT news, CEO Luca Savi sold 63,450 shares of the company's stock in a transaction dated 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 sale, the chief executive officer directly owned 262,354 shares in the company, valued at $50,028,284.26. This represents a 19.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.88% of the stock is currently owned by insiders.

Institutional Trading of ITT

Institutional investors have recently added to or reduced their stakes in the business. iSAM Funds UK Ltd bought a new position in shares of ITT during the third quarter valued at about $2,113,000. Chesapeake Capital Corp IL bought a new position in shares of ITT during the third quarter valued at about $1,125,000. Brown Brothers Harriman & Co. raised its stake in shares of ITT by 86,878.2% during the third quarter. Brown Brothers Harriman & Co. now owns 267,893 shares of the conglomerate's stock valued at $47,889,000 after acquiring an additional 267,585 shares during the last quarter. Regents Gate Capital LLP bought a new position in shares of ITT during the third quarter valued at about $9,381,000. Finally, Mawer Investment Management Ltd. raised its stake in shares of ITT by 23.6% during the third quarter. Mawer Investment Management Ltd. now owns 402,919 shares of the conglomerate's stock valued at $72,026,000 after acquiring an additional 76,841 shares during the last quarter. 91.59% of the stock is currently owned by hedge funds and other institutional investors.

ITT Trading Up 2.5%

The stock has a market capitalization of $19.49 billion, a P/E ratio of 35.58, a P/E/G ratio of 1.97 and a beta of 1.32. The firm's 50 day moving average price is $200.94 and its 200 day moving average price is $189.57. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.58 and a quick ratio of 2.07.

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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