48,337 Shares in ITT Inc. $ITT Bought by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL acquired a new position in shares of ITT Inc. (NYSE:ITT) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 48,337 shares of the conglomerate’s stock, valued at approximately $8,641,000.

Other institutional investors and hedge funds have also modified their holdings of the company. iSAM Funds UK Ltd bought a new position in ITT in the third quarter valued at about $2,113,000. Chesapeake Capital Corp IL bought a new position in ITT in the third quarter valued at about $1,125,000. Brown Brothers Harriman & Co. raised its position in ITT by 86,878.2% in the third quarter. Brown Brothers Harriman & Co. now owns 267,893 shares of the conglomerate’s stock valued at $47,889,000 after purchasing an additional 267,585 shares during the last quarter. Mawer Investment Management Ltd. raised its position in ITT by 23.6% in the third quarter. Mawer Investment Management Ltd. now owns 402,919 shares of the conglomerate’s stock valued at $72,026,000 after purchasing an additional 76,841 shares during the last quarter. Finally, Regents Gate Capital LLP bought a new position in ITT in the third quarter valued at about $9,381,000. 91.59% of the stock is currently owned by institutional investors.

Insider Buying and Selling at ITT

In other news, CEO Luca Savi sold 63,450 shares of the stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $190.69, for a total value of $12,099,280.50. Following the completion of the sale, the chief executive officer owned 262,354 shares of the company’s stock, valued at approximately $50,028,284.26. This represents a 19.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.47% of the company’s stock.

Analyst Ratings Changes

ITT has been the subject of several research reports. BMO Capital Markets initiated coverage on ITT in a research report on Friday, March 27th. They issued an “outperform” rating and a $233.00 target price for the company. Barclays dropped their target price on ITT from $220.00 to $210.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 1st. The Goldman Sachs Group initiated coverage on ITT in a research report on Tuesday, March 31st. They issued a “buy” rating and a $270.00 target price for the company. KeyCorp increased their target price on ITT from $215.00 to $230.00 and gave the company an “overweight” rating in a research report on Friday, February 6th. Finally, Robert W. Baird set a $222.00 target price on ITT in a research report on Friday, February 6th. Ten analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, ITT currently has an average rating of “Moderate Buy” and a consensus price target of $225.55.

ITT Trading Up 0.5%

Shares of ITT stock opened at $194.12 on Tuesday. The stock has a market cap of $16.69 billion, a price-to-earnings ratio of 31.77, a PEG ratio of 1.78 and a beta of 1.32. The stock has a 50-day moving average of $193.64 and a 200-day moving average of $184.47. The company has a current ratio of 2.58, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13. ITT Inc. has a 1-year low of $105.64 and a 1-year high of $209.70.

ITT (NYSE:ITT) last issued its quarterly earnings results on Thursday, February 5th. The conglomerate reported $1.85 earnings per share for the quarter, beating the consensus estimate of $1.79 by $0.06. The company had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $1.01 billion. ITT had a return on equity of 17.74% and a net margin of 12.39%.The business’s quarterly revenue was up 13.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.50 earnings per share. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. On average, equities research analysts forecast that ITT Inc. will post 6.51 earnings per share for the current year.

ITT Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 6th. Stockholders of record on Friday, March 6th were paid a $0.386 dividend. The ex-dividend date of this dividend was Friday, March 6th. This is a positive change from ITT’s previous quarterly dividend of $0.35. This represents a $1.54 annualized dividend and a dividend yield of 0.8%. ITT’s payout ratio is currently 25.20%.

ITT 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.