Equities Analysts Set Expectations for ITT FY2026 Earnings

Key Points

• Zacks Research has increased its FY2026 earnings per share estimate for ITT to $6.96, up from the previous estimate of $6.95.
• Multiple investment firms have raised their price targets for ITT, with UBS Group setting a new target price of $200.00.
• ITT recently announced a quarterly dividend of $0.351 per share, reflecting an annualized dividend yield of 0.8%.

ITT Inc. (NYSE:ITT - Free Report) - Analysts at Zacks Research upped their FY2026 earnings estimates for shares of ITT in a note issued to investors on Tuesday, September 16th. Zacks Research analyst Team now expects that the conglomerate will earn $6.96 per share for the year, up from their previous estimate of $6.95. The consensus estimate for ITT's current full-year earnings is $6.51 per share. Zacks Research also issued estimates for ITT's FY2027 earnings at $8.00 EPS.

ITT (NYSE:ITT - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The conglomerate reported $1.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.62 by $0.02. The business had revenue of $972.40 million during the quarter, compared to analysts' expectations of $947.48 million. ITT had a net margin of 13.99% and a return on equity of 18.08%. The business's revenue was up 7.3% on a year-over-year basis. During the same period last year, the firm posted $1.49 earnings per share. ITT has set its FY 2025 guidance at 6.350-6.550 EPS.

Several other research analysts have also recently issued reports on ITT. Bank of America increased their price objective on shares of ITT from $190.00 to $210.00 and gave the company a "buy" rating in a report on Tuesday. Stifel Nicolaus increased their target price on shares of ITT from $197.00 to $202.00 and gave the company a "buy" rating in a research note on Friday, August 1st. KeyCorp increased their target price on shares of ITT from $192.00 to $200.00 and gave the company an "overweight" rating in a research note on Friday, September 12th. Citigroup reissued a "buy" rating and set a $186.00 target price (up from $159.00) on shares of ITT in a research note on Monday, July 14th. Finally, UBS Group increased their target price on shares of ITT from $168.00 to $200.00 and gave the company a "buy" rating in a research note on Tuesday, September 2nd. Nine analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, ITT presently has an average rating of "Moderate Buy" and a consensus price target of $188.11.

ITT Price Performance

Shares of ITT stock traded down $1.60 on Wednesday, hitting $181.28. The company had a trading volume of 1,235,840 shares, compared to its average volume of 331,590. The business has a 50-day simple moving average of $167.45 and a 200-day simple moving average of $150.65. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.45 and a quick ratio of 0.99. The company has a market cap of $14.14 billion, a PE ratio of 28.50, a PEG ratio of 2.25 and a beta of 1.39. ITT has a 52 week low of $105.64 and a 52 week high of $185.57.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of ITT. Cetera Investment Advisers raised its holdings in shares of ITT by 19.5% during the 4th quarter. Cetera Investment Advisers now owns 6,262 shares of the conglomerate's stock valued at $895,000 after purchasing an additional 1,024 shares in the last quarter. Focus Partners Wealth raised its holdings in shares of ITT by 38.3% during the 4th quarter. Focus Partners Wealth now owns 4,356 shares of the conglomerate's stock valued at $622,000 after purchasing an additional 1,206 shares in the last quarter. Quantinno Capital Management LP raised its holdings in ITT by 24.2% in the 4th quarter. Quantinno Capital Management LP now owns 23,732 shares of the conglomerate's stock worth $3,391,000 after acquiring an additional 4,630 shares during the period. ProShare Advisors LLC grew its position in ITT by 7.0% in the 4th quarter. ProShare Advisors LLC now owns 3,812 shares of the conglomerate's stock worth $545,000 after purchasing an additional 251 shares during the last quarter. Finally, iSAM Funds UK Ltd grew its position in ITT by 40.7% in the 4th quarter. iSAM Funds UK Ltd now owns 4,868 shares of the conglomerate's stock worth $696,000 after purchasing an additional 1,407 shares during the last quarter. Institutional investors own 91.59% of the company's stock.

Insider Buying and Selling at ITT

In other news, CEO Luca Savi sold 36,385 shares of the firm's stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $164.76, for a total transaction of $5,994,792.60. Following the transaction, the chief executive officer owned 297,536 shares in the company, valued at approximately $49,022,031.36. This trade represents a 10.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.47% of the company's stock.

ITT Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Tuesday, September 2nd will be issued a dividend of $0.351 per share. The ex-dividend date is Tuesday, September 2nd. This represents a $1.40 dividend on an annualized basis and a dividend yield of 0.8%. ITT's dividend payout ratio (DPR) is currently 22.01%.

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.