What is Zacks Research's Estimate for ITT Q2 Earnings?

Key Points

• Zacks Research estimates ITT will earn $1.93 per share in Q2 2026, which is slightly below the current full-year consensus outlook.
• The firm’s longer-term forecast remains constructive, with EPS projections rising to $9.03 for FY2027 and $10.59 for FY2028, suggesting solid earnings growth ahead.
• ITT recently beat expectations in its latest quarter, reporting $1.98 EPS on $1.21 billion in revenue, while management guided FY2026 EPS to $7.70–$8.00.

ITT Inc. (NYSE:ITT - Free Report) - Zacks Research issued their Q2 2026 earnings per share estimates for ITT in a research report issued on Wednesday, May 27th. Zacks Research analyst Team forecasts that the conglomerate will post earnings per share of $1.93 for the quarter. The consensus estimate for ITT's current full-year earnings is $7.91 per share. Zacks Research also issued estimates for ITT's Q3 2026 earnings at $1.97 EPS, Q4 2026 earnings at $1.99 EPS, FY2026 earnings at $7.88 EPS, Q1 2027 earnings at $2.14 EPS, Q2 2027 earnings at $2.13 EPS, Q3 2027 earnings at $2.36 EPS, Q4 2027 earnings at $2.40 EPS, FY2027 earnings at $9.03 EPS, Q1 2028 earnings at $2.47 EPS and FY2028 earnings at $10.59 EPS.

A number of other analysts have also commented on the company. The Goldman Sachs Group initiated coverage on ITT in a report on Tuesday, March 31st. They set a "buy" rating and a $270.00 price target on the stock. Citigroup lifted their price target on ITT from $252.00 to $254.00 and gave the stock a "buy" rating in a report on Thursday, May 7th. DA Davidson boosted their target price on ITT from $245.00 to $255.00 and gave the company a "buy" rating in a research note on Monday, May 11th. Weiss Ratings lowered ITT from a "buy (b)" rating to a "buy (b-)" rating in a research report on Wednesday, May 13th. Finally, Robert W. Baird set a $246.00 target price on ITT in a research note on Thursday, May 7th. Ten research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $234.91.

ITT Stock Performance

Shares of ITT stock opened at $193.11 on Friday. The business's fifty day simple moving average is $202.75 and its 200 day simple moving average is $191.87. The firm has a market capitalization of $17.26 billion, a P/E ratio of 34.06, a price-to-earnings-growth ratio of 1.84 and a beta of 1.32. ITT has a 12 month low of $147.63 and a 12 month high of $225.26. The company has a current ratio of 1.53, a quick ratio of 1.01 and a debt-to-equity ratio of 0.71.

ITT (NYSE:ITT - Get Free Report) last posted its earnings results on Wednesday, May 6th. The conglomerate reported $1.98 earnings per share for the quarter, beating analysts' consensus estimates of $1.77 by $0.21. The company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.12 billion. ITT had a return on equity of 16.83% and a net margin of 10.80%.The company's revenue for the quarter was up 32.7% on a year-over-year basis. During the same quarter last year, the company earned $1.45 earnings per share. ITT has set its FY 2026 guidance at 7.700-8.000 EPS.

ITT Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 6th. Shareholders of record on Monday, June 8th will be given a dividend of $0.386 per share. This represents a $1.54 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Monday, June 8th. ITT's payout ratio is 27.16%.

Insider Buying and Selling at ITT

In other ITT news, CAO Mesa Graziano Cheryl De sold 200 shares of the stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $208.41, for a total transaction of $41,682.00. Following the sale, the chief accounting officer owned 7,859 shares of the company's stock, valued at approximately $1,637,894.19. This trade represents a 2.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Luca Savi sold 63,450 shares of the stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $190.69, for a total value of $12,099,280.50. Following the sale, the chief executive officer directly owned 262,354 shares in the company, valued at $50,028,284.26. This trade represents a 19.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 70,773 shares of company stock worth $13,624,470 over the last 90 days. Company insiders own 0.88% of the company's stock.

Hedge Funds Weigh In On ITT

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Elyxium Wealth LLC acquired a new position in ITT in the 4th quarter worth about $29,000. Bayban purchased a new stake in shares of ITT in the fourth quarter valued at approximately $31,000. Parkside Financial Bank & Trust grew its position in shares of ITT by 62.8% in the fourth quarter. Parkside Financial Bank & Trust now owns 197 shares of the conglomerate's stock valued at $34,000 after purchasing an additional 76 shares in the last quarter. Entrust Financial LLC purchased a new stake in shares of ITT in the 4th quarter valued at approximately $36,000. Finally, Triumph Capital Management acquired a new position in ITT in the third quarter valued at approximately $37,000. Hedge funds and other institutional investors own 91.59% of the company's stock.

More ITT News

Here are the key news stories impacting ITT this week:

• Positive Sentiment: Zacks Research’s longer-term estimates point to strong earnings growth for ITT Inc. NYSE: ITT, with FY2027 and FY2028 EPS projected well above the current full-year consensus. This can reinforce confidence in the company’s multi-year earnings trajectory.
• Neutral Sentiment: The new FY2026 EPS estimate of $7.88 is just below the consensus estimate of $7.91, making the near-term outlook broadly in line with expectations rather than a major surprise.
• Neutral Sentiment: Multiple note updates from Zacks Research covered specific quarterly periods, but they mainly repeated the same earnings framework and did not include new business developments or management guidance. ITT stock page

ITT Company Profile

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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