ITT (NYSE:ITT) Sets New 12-Month High - Time to Buy?

Key Points

• ITT shares reached a new 52-week high intraday at $220.43 (last $219.58) on Tuesday with about 987,869 shares traded, trading well above its 50‑day ($196.46) and 200‑day ($185.63) moving averages.
• Wall Street sentiment is positive — ten analysts rate ITT a Buy and one a Hold, giving a consensus Moderate Buy and an average target of $225.55, with recent price targets ranging up to $270 (Goldman Sachs).
• Fundamentals show momentum: ITT beat quarterly EPS estimates ($1.85 vs. $1.79) with revenue up 13.5% year‑over‑year and set Q1 2026 EPS guidance of $1.68–1.72, though CEO Luca Savi sold 63,450 shares in March, reducing his stake by about 19.5%.

Shares of ITT Inc. (NYSE:ITT - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $220.43 and last traded at $219.58, with a volume of 987869 shares trading hands. The stock had previously closed at $216.90.

Wall Street Analyst Weigh In

A number of research firms have issued reports on ITT. BMO Capital Markets began coverage on shares of ITT in a research report on Friday, March 27th. They issued an "outperform" rating and a $233.00 price objective on the stock. The Goldman Sachs Group began coverage on shares of ITT in a research report on Tuesday, March 31st. They issued a "buy" rating and a $270.00 price objective on the stock. Robert W. Baird set a $222.00 price objective on shares of ITT in a research report on Friday, February 6th. Citigroup boosted their price objective on shares of ITT from $225.00 to $243.00 and gave the company a "buy" rating in a research report on Monday, February 9th. Finally, Barclays decreased their price objective on shares of ITT from $220.00 to $210.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 1st. Ten equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $225.55.

ITT Price Performance

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 firm's 50-day moving average is $196.46 and its 200-day moving average is $185.63. The company has a market cap of $19.63 billion, a PE ratio of 35.94, a PEG ratio of 2.18 and a beta of 1.32.

ITT (NYSE:ITT - Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The conglomerate reported $1.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.79 by $0.06. ITT had a net margin of 12.39% and a return on equity of 17.74%. The company had revenue of $1.05 billion for the quarter, compared to analysts' expectations of $1.01 billion. During the same quarter in the previous year, the company earned $1.50 earnings per share. ITT's quarterly revenue was up 13.5% on a year-over-year basis. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. On average, equities analysts anticipate that ITT Inc. will post 6.51 EPS for the current 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 given a dividend of $0.386 per share. This is an increase from ITT's previous quarterly dividend of $0.35. This represents a $1.54 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Friday, March 6th. ITT's dividend payout ratio is presently 25.20%.

Insider Activity

In related news, CEO Luca Savi sold 63,450 shares of the business'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 transaction, the chief executive officer 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.47% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On ITT

Hedge funds and other institutional investors have recently modified their holdings of the stock. True Wealth Design LLC increased its position in shares of ITT by 219.2% during the third quarter. True Wealth Design LLC now owns 166 shares of the conglomerate's stock valued at $30,000 after buying an additional 114 shares during the period. Elyxium Wealth LLC purchased a new stake in ITT in the fourth quarter worth about $29,000. Bayban purchased a new stake in ITT in the fourth quarter worth about $31,000. Parkside Financial Bank & Trust grew its holdings in ITT by 62.8% in the fourth quarter. Parkside Financial Bank & Trust now owns 197 shares of the conglomerate's stock worth $34,000 after purchasing an additional 76 shares during the period. Finally, Quent Capital LLC purchased a new stake in ITT in the third quarter worth about $37,000. Hedge funds and other institutional investors own 91.59% of the company's stock.

About ITT

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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