Tudor Investment Corp ET AL Has $34.21 Million Stock Holdings in Itron, Inc. $ITRI

Tudor Investment Corp ET AL increased its position in shares of Itron, Inc. (NASDAQ:ITRI) by 47.2% in the 3rd quarter, Holdings Channel.com reports. The fund owned 274,644 shares of the scientific and technical instruments company’s stock after buying an additional 88,029 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Itron were worth $34,210,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of ITRI. Twin Peaks Wealth Advisors LLC acquired a new position in Itron in the 2nd quarter worth about $30,000. Employees Retirement System of Texas acquired a new stake in shares of Itron during the 3rd quarter valued at about $32,000. Optiver Holding B.V. bought a new stake in shares of Itron in the 3rd quarter valued at approximately $36,000. Salomon & Ludwin LLC acquired a new position in Itron in the third quarter worth approximately $42,000. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in Itron by 343.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 346 shares of the scientific and technical instruments company’s stock worth $46,000 after buying an additional 268 shares during the last quarter. Institutional investors and hedge funds own 96.19% of the company’s stock.

Insiders Place Their Bets

In other Itron news, SVP Donald L. Reeves III sold 519 shares of the stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $97.84, for a total value of $50,778.96. Following the completion of the sale, the senior vice president directly owned 29,951 shares of the company’s stock, valued at $2,930,405.84. This represents a 1.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Laurie Ann Pulatie-Hahn sold 729 shares of the business’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $100.17, for a total transaction of $73,023.93. Following the transaction, the senior vice president owned 32,950 shares in the company, valued at approximately $3,300,601.50. The trade was a 2.16% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 51,180 shares of company stock valued at $5,085,475 in the last 90 days. 1.45% of the stock is currently owned by corporate insiders.

Itron Trading Up 1.0%

Shares of NASDAQ:ITRI opened at $92.69 on Friday. 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 quick ratio of 1.56 and a current ratio of 1.80. The company has a market cap of $4.17 billion, a P/E ratio of 14.24, a P/E/G ratio of 0.80 and a beta of 1.44. The stock’s 50-day moving average is $96.89 and its 200-day moving average is $105.95.

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

Analyst Upgrades and Downgrades

A number of analysts have issued reports on ITRI shares. Needham & Company LLC assumed coverage on shares of Itron in a research note on Friday, March 6th. They issued a “buy” rating and a $124.00 target price for the company. Zacks Research raised shares of Itron from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 26th. Wall Street Zen cut shares of Itron from a “buy” rating to a “hold” rating in a report on Wednesday, January 14th. Robert W. Baird set a $128.00 target price on Itron and gave the company an “outperform” rating in a report on Wednesday, February 18th. Finally, Johnson Rice upgraded Itron from an “accumulate” rating to a “buy” rating and set a $130.00 price target for the company in a research note on Monday, January 5th. Eight analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, Itron presently has a consensus rating of “Moderate Buy” and a consensus price target of $137.10.

About Itron

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.