Research Analysts Offer Predictions for ITT Q2 Earnings

ITT Inc. (NYSE:ITT - Free Report) - DA Davidson issued their Q2 2025 EPS estimates for shares of ITT in a research report issued on Friday, May 2nd. DA Davidson analyst M. Summerville forecasts that the conglomerate will post earnings of $1.60 per share for the quarter. The consensus estimate for ITT's current full-year earnings is $6.51 per share. DA Davidson also issued estimates for ITT's FY2026 earnings at $7.05 EPS.

Several other equities analysts have also commented on the company. Stifel Nicolaus upped their target price on ITT from $148.00 to $161.00 and gave the company a "buy" rating in a research note on Friday. UBS Group raised their price objective on ITT from $165.00 to $168.00 and gave the stock a "buy" rating in a report on Friday, February 7th. Citigroup reduced their target price on shares of ITT from $181.00 to $150.00 and set a "buy" rating on the stock in a report on Monday, April 14th. KeyCorp upped their price target on ITT from $150.00 to $160.00 and gave the stock an "overweight" rating in a report on Friday. Finally, StockNews.com cut shares of ITT from a "buy" rating to a "hold" rating in a research report on Friday, April 25th. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, ITT presently has an average rating of "Moderate Buy" and a consensus target price of $161.86.

ITT Stock Performance

Shares of NYSE ITT opened at $141.63 on Monday. The company has a market cap of $11.47 billion, a PE ratio of 22.48, a price-to-earnings-growth ratio of 1.89 and a beta of 1.36. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.40 and a quick ratio of 0.96. ITT has a 12 month low of $105.64 and a 12 month high of $161.13. The company has a 50-day simple moving average of $131.74 and a 200-day simple moving average of $142.58.

ITT (NYSE:ITT - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The conglomerate reported $1.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.44 by $0.01. ITT had a return on equity of 18.03% and a net margin of 14.27%. The firm had revenue of $913.00 million for the quarter, compared to analyst estimates of $901.22 million. During the same quarter last year, the company posted $1.42 earnings per share. The business's revenue was up .3% on a year-over-year basis.

Hedge Funds Weigh In On ITT

Several hedge funds and other institutional investors have recently made changes to their positions in ITT. Select Equity Group L.P. increased its holdings in shares of ITT by 7.7% during the fourth quarter. Select Equity Group L.P. now owns 4,564,926 shares of the conglomerate's stock valued at $652,237,000 after purchasing an additional 326,947 shares during the period. Invesco Ltd. lifted its stake in shares of ITT by 12.2% in the 4th quarter. Invesco Ltd. now owns 1,560,381 shares of the conglomerate's stock worth $222,947,000 after acquiring an additional 169,054 shares during the period. Alliancebernstein L.P. boosted its holdings in shares of ITT by 14.2% in the fourth quarter. Alliancebernstein L.P. now owns 1,366,576 shares of the conglomerate's stock valued at $195,256,000 after acquiring an additional 169,944 shares in the last quarter. Nuveen Asset Management LLC raised its holdings in ITT by 17.7% during the fourth quarter. Nuveen Asset Management LLC now owns 1,139,303 shares of the conglomerate's stock worth $162,784,000 after purchasing an additional 171,474 shares in the last quarter. Finally, Norges Bank acquired a new stake in ITT in the fourth quarter worth approximately $134,433,000. 91.59% of the stock is currently owned by institutional investors and hedge funds.

ITT Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 2nd will be issued a dividend of $0.351 per share. This represents a $1.40 annualized dividend and a dividend yield of 0.99%. The ex-dividend date is Monday, June 2nd. ITT's dividend payout ratio (DPR) is 22.26%.

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.

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