Itron (NASDAQ:ITRI) SVP Sells $490,732.20 in Stock

Itron, Inc. (NASDAQ:ITRI) SVP Justin Patrick sold 4,930 shares of the firm’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $99.54, for a total value of $490,732.20. Following the completion of the sale, the senior vice president directly owned 34,344 shares in the company, valued at $3,418,601.76. The trade was a 12.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Itron Trading Down 1.8%

ITRI traded down $1.84 during midday trading on Monday, reaching $97.70. 522,620 shares of the company’s stock traded hands, compared to its average volume of 759,610. Itron, Inc. has a 52 week low of $88.57 and a 52 week high of $142.00. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.80 and a quick ratio of 1.56. The firm has a fifty day moving average of $97.72 and a two-hundred day moving average of $109.93. The stock has a market capitalization of $4.39 billion, a price-to-earnings ratio of 15.01, a P/E/G ratio of 0.86 and a beta of 1.48.

Itron (NASDAQ:ITRI) last posted its earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $2.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.19 by $0.27. The firm had revenue of $571.66 million for the quarter, compared to analysts’ expectations of $561.31 million. Itron had a return on equity of 20.04% and a net margin of 12.72%.The business’s revenue was down 6.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.35 earnings per share. Itron has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 5.750-6.250 EPS. On average, equities analysts anticipate that Itron, Inc. will post 5.33 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Itron

Institutional investors and hedge funds have recently made changes to their positions in the business. Campbell & CO Investment Adviser LLC bought a new stake in shares of Itron in the 3rd quarter worth approximately $1,300,000. Robeco Schweiz AG raised its stake in Itron by 31.2% during the third quarter. Robeco Schweiz AG now owns 372,176 shares of the scientific and technical instruments company’s stock valued at $46,358,000 after buying an additional 88,504 shares during the last quarter. Schroder Investment Management Group boosted its holdings in Itron by 23.6% in the second quarter. Schroder Investment Management Group now owns 376,087 shares of the scientific and technical instruments company’s stock worth $49,504,000 after acquiring an additional 71,702 shares in the last quarter. J. Safra Sarasin Holding AG purchased a new stake in shares of Itron in the third quarter worth $4,673,000. Finally, Envestnet Asset Management Inc. grew its stake in shares of Itron by 34.0% in the third quarter. Envestnet Asset Management Inc. now owns 148,317 shares of the scientific and technical instruments company’s stock worth $18,474,000 after acquiring an additional 37,634 shares during the last quarter. Institutional investors own 96.19% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Stephens raised shares of Itron from an “equal weight” rating to an “overweight” rating and set a $130.00 target price for the company in a research report on Monday, November 3rd. Weiss Ratings lowered shares of Itron from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. Oppenheimer upped their target price on Itron from $125.00 to $133.00 and gave the stock an “outperform” rating in a report on Wednesday. Argus restated a “hold” rating on shares of Itron in a research note on Tuesday, November 4th. Finally, Guggenheim set a $155.00 price target on Itron in a research report on Friday, February 13th. Eight analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Itron presently has an average rating of “Moderate Buy” and an average target price of $137.90.

Itron Company Profile

Itron, Inc (NASDAQ: ITRI) is a global technology company that develops innovative solutions to measure, manage and analyze the use of energy and water. Its comprehensive portfolio includes smart meters, data collection devices, communication networks and advanced software applications designed to optimize utility operations and foster sustainable resource management. The company’s offerings enable utilities and cities to accurately monitor consumption patterns, streamline billing processes and improve grid reliability.

Itron’s product lineup spans a range of hardware and software solutions, from residential and commercial smart meters to meter data management systems (MDMS), networked communication platforms and analytics tools.