ITT (NYSE:ITT) Updates FY 2026 Earnings Guidance

Key Points

• ITT raised or reaffirmed FY 2026 EPS guidance at $8.12–$8.32, above the analyst consensus estimate of $7.92.
• For the latest quarter, ITT reported $2.08 EPS versus $1.92 expected, while revenue reached $1.47 billion, up 51.5% year over year and above estimates.
• Analyst sentiment remains positive, with 11 Buy ratings and one Hold rating; the consensus price target is $234.75. Shares rose to $225.53 in Thursday trading.

ITT (NYSE:ITT - Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 8.120-8.320 for the period, compared to the consensus estimate of 7.920. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on ITT. Citigroup boosted their price target on shares of ITT from $252.00 to $254.00 and gave the stock a "buy" rating in a report on Thursday, May 7th. KeyCorp upped their price target on shares of ITT from $230.00 to $250.00 and gave the stock an "overweight" rating in a research report on Thursday, May 7th. Wall Street Zen cut ITT from a "buy" rating to a "hold" rating in a report on Saturday, May 9th. Barclays increased their target price on ITT from $210.00 to $230.00 and gave the company an "equal weight" rating in a report on Thursday, May 7th. Finally, DA Davidson increased their target price on shares of ITT from $245.00 to $255.00 and gave the company a "buy" rating in a research report on Monday, May 11th. Eleven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $234.75.

ITT Stock Performance

Shares of ITT stock traded up $21.45 during trading hours on Thursday, hitting $225.53. 789,972 shares of the company were exchanged, compared to its average volume of 924,821. The business has a 50-day moving average of $193.37 and a 200-day moving average of $196.68. ITT has a 1 year low of $164.00 and a 1 year high of $230.32. The company has a current ratio of 1.53, a quick ratio of 1.01 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $20.16 billion, a price-to-earnings ratio of 40.10, a P/E/G ratio of 1.93 and a beta of 1.27.

ITT (NYSE:ITT - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The conglomerate reported $2.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.92 by $0.16. ITT had a net margin of 10.80% and a return on equity of 16.83%. The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same period last year, the firm earned $1.64 EPS. The company's revenue for the quarter was up 51.5% on a year-over-year basis. ITT has set its FY 2026 guidance at 8.120-8.320 EPS. As a group, analysts expect that ITT will post 7.89 EPS for the current fiscal year.

Insider Buying and Selling at ITT

In other ITT news, insider Lori B. Marino sold 7,123 shares of the company's stock in a transaction that occurred on 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. This represents a 44.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 0.88% of the company's stock.

Institutional Trading of ITT

Institutional investors and hedge funds have recently made changes to their positions in the stock. Parkside Financial Bank & Trust increased its holdings in shares of ITT by 62.8% in the 4th quarter. Parkside Financial Bank & Trust now owns 197 shares of the conglomerate's stock worth $34,000 after acquiring an additional 76 shares during the period. Triumph Capital Management bought a new stake in shares of ITT during the third quarter valued at approximately $37,000. Measured Wealth Private Client Group LLC acquired a new position in shares of ITT during the third quarter worth approximately $43,000. Caitong International Asset Management Co. Ltd grew its holdings in ITT by 28,900.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 290 shares of the conglomerate's stock worth $50,000 after buying an additional 289 shares in the last quarter. Finally, Sfam LLC acquired a new stake in ITT in the 4th quarter valued at approximately $78,000. 91.59% of the stock is currently owned by institutional investors and hedge funds.

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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