ITT (NYSE:ITT) Shares Acquired Rep. April McClain Delaney

Representative April McClain Delaney (D-Maryland) recently bought shares of ITT Inc. NYSE: ITT. In a filing disclosed on April 02nd, the Representative disclosed that they had bought between $1,001 and $15,000 in ITT stock on March 5th.

Representative April McClain Delaney also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Westinghouse Air Brake Technologies NYSE: WAB on 3/25/2025.
• Sold $1,001 - $15,000 in shares of Toro NYSE: TTC on 3/20/2025.
• Sold $15,001 - $50,000 in shares of Dayforce NYSE: DAY on 3/18/2025.
• Purchased $1,001 - $15,000 in shares of BJ's Wholesale Club NYSE: BJ on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of IDEXX Laboratories NASDAQ: IDXX on 3/14/2025.
• Purchased $1,001 - $15,000 in shares of Jones Lang LaSalle NYSE: JLL on 3/14/2025.
• Purchased $1,001 - $15,000 in shares of BJ's Wholesale Club NYSE: BJ on 3/14/2025.
• Purchased $1,001 - $15,000 in shares of Corpay NYSE: CPAY on 3/13/2025.
• Purchased $1,001 - $15,000 in shares of Jones Lang LaSalle NYSE: JLL on 3/10/2025.
• Purchased $1,001 - $15,000 in shares of Markel Group NYSE: MKL on 3/10/2025.

ITT Price Performance

Shares of NYSE ITT traded down $1.25 during mid-day trading on Tuesday, hitting $112.51. 651,187 shares of the stock were exchanged, compared to its average volume of 417,725. ITT Inc. has a twelve month low of $105.64 and a twelve month high of $161.13. The stock's fifty day simple moving average is $137.88 and its two-hundred day simple moving average is $145.03. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.96 and a current ratio of 1.40. The company has a market cap of $9.16 billion, a P/E ratio of 17.86, a PEG ratio of 1.89 and a beta of 1.36.

ITT (NYSE:ITT - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The conglomerate reported $1.50 earnings per share for the quarter, beating analysts' consensus estimates of $1.48 by $0.02. ITT had a return on equity of 18.03% and a net margin of 14.27%. As a group, analysts forecast that ITT Inc. will post 6.51 EPS for the current fiscal year.

ITT Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 6th were given a $0.351 dividend. The ex-dividend date was Thursday, March 6th. This is a positive change from ITT's previous quarterly dividend of $0.32. This represents a $1.40 dividend on an annualized basis and a yield of 1.25%. ITT's payout ratio is 22.22%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on ITT shares. StockNews.com upgraded ITT from a "hold" rating to a "buy" rating in a research note on Thursday, February 13th. Stifel Nicolaus lowered their price objective on shares of ITT from $180.00 to $179.00 and set a "buy" rating for the company in a research report on Friday, January 24th. Citigroup dropped their target price on shares of ITT from $183.00 to $181.00 and set a "buy" rating for the company in a research note on Monday, January 13th. Wolfe Research started coverage on shares of ITT in a research note on Wednesday, December 11th. They set a "peer perform" rating on the stock. Finally, UBS Group boosted their price objective on shares of ITT from $165.00 to $168.00 and gave the stock a "buy" rating in a research report on Friday, February 7th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $167.43.

Institutional Investors Weigh In On ITT

Several institutional investors have recently modified their holdings of the business. Rialto Wealth Management LLC bought a new position in ITT in the fourth quarter valued at approximately $26,000. Resources Management Corp CT ADV bought a new stake in shares of ITT during the 3rd quarter valued at $30,000. ORG Wealth Partners LLC acquired a new position in shares of ITT in the 4th quarter valued at $30,000. Whipplewood Advisors LLC bought a new position in shares of ITT in the 4th quarter worth $34,000. Finally, Quarry LP grew its stake in shares of ITT by 101.6% during the fourth quarter. Quarry LP now owns 248 shares of the conglomerate's stock worth $35,000 after purchasing an additional 125 shares during the period. Institutional investors and hedge funds own 91.59% of the company's stock.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland's 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland's 6th Congressional District. She declared candidacy for the 2026 election. April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor's degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

About ITT

ITT Inc, together with its subsidiaries, manufactures and sells engineered critical components and customized technology solutions for the transportation, industrial, and energy markets in the United States and internationally. The Motion Technologies segment manufactures brake pads, shims, shock absorbers, and energy absorption components; and sealing technologies primarily for the transportation industry, including passenger cars, trucks, light- and heavy-duty commercial and military vehicles, buses, and trains.