Roth Capital Weighs in on Itron's Q3 Earnings (NASDAQ:ITRI)

Key Points

• Roth Capital has raised its Q3 2025 earnings per share estimate for Itron to $1.46, up from $1.30, while maintaining a "Buy" rating and a price target of $150.00.
• Itron reported a Q2 earnings per share of $1.62, surpassing the consensus estimate of $1.33, but its revenue fell slightly short of expectations at $606.76 million.
• Large institutional investors have significantly increased their stakes in Itron, with hedge funds and institutional investors now owning 96.19% of the company's stock.

Itron, Inc. (NASDAQ:ITRI - Free Report) - Analysts at Roth Capital lifted their Q3 2025 earnings per share estimates for shares of Itron in a research report issued on Friday, August 1st. Roth Capital analyst C. Moore now anticipates that the scientific and technical instruments company will post earnings per share of $1.46 for the quarter, up from their previous forecast of $1.30. Roth Capital has a "Buy" rating and a $150.00 price target on the stock. The consensus estimate for Itron's current full-year earnings is $5.33 per share. Roth Capital also issued estimates for Itron's Q4 2025 earnings at $1.43 EPS and FY2026 earnings at $6.25 EPS.

Itron (NASDAQ:ITRI - Get Free Report) last announced its earnings results on Thursday, July 31st. The scientific and technical instruments company reported $1.62 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.29. Itron had a return on equity of 19.69% and a net margin of 11.05%. The business had revenue of $606.76 million during the quarter, compared to analysts' expectations of $610.36 million. During the same quarter last year, the business posted $1.21 earnings per share. The company's quarterly revenue was down .4% on a year-over-year basis.

A number of other equities research analysts have also issued reports on the stock. TD Cowen boosted their price target on shares of Itron from $139.00 to $145.00 and gave the company a "buy" rating in a report on Friday, June 20th. Piper Sandler cut their target price on shares of Itron from $124.00 to $121.00 and set a "neutral" rating on the stock in a research note on Monday, May 5th. JPMorgan Chase & Co. upgraded Itron from a "neutral" rating to an "overweight" rating and increased their target price for the company from $128.00 to $145.00 in a report on Thursday. Guggenheim reaffirmed a "buy" rating and issued a $155.00 target price (up previously from $133.00) on shares of Itron in a research report on Monday, July 14th. Finally, Johnson Rice lowered Itron from a "buy" rating to an "accumulate" rating in a research report on Friday. Two analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat, Itron has a consensus rating of "Moderate Buy" and a consensus target price of $134.58.

Itron Stock Performance

ITRI opened at $123.18 on Monday. The company has a quick ratio of 1.75, a current ratio of 2.04 and a debt-to-equity ratio of 0.48. The firm has a market cap of $5.63 billion, a PE ratio of 21.06, a P/E/G ratio of 0.70 and a beta of 1.35. The business has a fifty day simple moving average of $128.49 and a 200-day simple moving average of $113.25. Itron has a fifty-two week low of $90.11 and a fifty-two week high of $140.04.

Insider Transactions at Itron

In other Itron news, SVP Justin K. Patrick sold 9,036 shares of the firm's stock in a transaction that occurred on Tuesday, June 10th. The shares were sold at an average price of $121.77, for a total transaction of $1,100,313.72. Following the sale, the senior vice president directly owned 21,149 shares in the company, valued at approximately $2,575,313.73. This trade represents a 29.94% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Mary C. Hemmingsen sold 5,150 shares of Itron stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $108.70, for a total value of $559,805.00. Following the completion of the sale, the director directly owned 952 shares in the company, valued at $103,482.40. This represents a 84.40% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 20,905 shares of company stock valued at $2,439,202. Insiders own 1.51% of the company's stock.

Institutional Investors Weigh In On Itron

Large investors have recently made changes to their positions in the stock. GeoWealth Management LLC increased its position in Itron by 4,580.0% during the fourth quarter. GeoWealth Management LLC now owns 234 shares of the scientific and technical instruments company's stock worth $25,000 after buying an additional 229 shares during the last quarter. Bessemer Group Inc. boosted its stake in shares of Itron by 125.7% during the 2nd quarter. Bessemer Group Inc. now owns 255 shares of the scientific and technical instruments company's stock worth $34,000 after acquiring an additional 142 shares during the period. REAP Financial Group LLC increased its holdings in shares of Itron by 168.4% during the 2nd quarter. REAP Financial Group LLC now owns 424 shares of the scientific and technical instruments company's stock worth $56,000 after acquiring an additional 266 shares during the last quarter. Wayfinding Financial LLC acquired a new position in shares of Itron during the 1st quarter worth approximately $45,000. Finally, CoreCap Advisors LLC raised its stake in Itron by 25.5% in the 4th quarter. CoreCap Advisors LLC now owns 616 shares of the scientific and technical instruments company's stock valued at $67,000 after acquiring an additional 125 shares during the period. Institutional investors and hedge funds own 96.19% of the company's stock.

Itron Company Profile

Itron, Inc, a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in three segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products.

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