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

ITT Inc. (NYSE:ITT) – Equities research analysts at Zacks Research issued their Q2 2026 earnings per share (EPS) estimates for ITT in a research note issued on Wednesday, May 27th. Zacks Research analyst Team anticipates that the conglomerate will post earnings of $1.93 per share 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.

Other equities research analysts have also issued research reports about the company. The Goldman Sachs Group initiated coverage on ITT in a research note on Tuesday, March 31st. They set a “buy” rating and a $270.00 price target on the stock. Weiss Ratings downgraded ITT from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, May 13th. KeyCorp boosted their target price on shares of ITT from $230.00 to $250.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. BMO Capital Markets initiated coverage on ITT in a report on Friday, March 27th. They set an “outperform” rating and a $233.00 price objective for the company. Finally, Barclays upped their price objective on ITT from $210.00 to $230.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. Ten equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $234.91.

ITT Price Performance

Shares of ITT opened at $193.11 on Friday. ITT has a twelve month low of $147.63 and a twelve month high of $225.26. The stock’s 50 day moving average is $202.75 and its two-hundred day moving average is $191.87. The firm has a market capitalization of $17.26 billion, a PE ratio of 34.06, a P/E/G ratio of 1.84 and a beta of 1.32. 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) last released its quarterly earnings results on Wednesday, May 6th. The conglomerate reported $1.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.77 by $0.21. ITT had a return on equity of 16.83% and a net margin of 10.80%.The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same quarter last year, the company posted $1.45 earnings per share. The business’s revenue was up 32.7% on a year-over-year basis. ITT has set its FY 2026 guidance at 7.700-8.000 EPS.

Hedge Funds Weigh In On ITT

A number of hedge funds have recently modified their holdings of the stock. Elyxium Wealth LLC bought a new stake in ITT in the fourth quarter worth $29,000. Bayban bought a new stake in ITT during the fourth quarter valued at about $31,000. Parkside Financial Bank & Trust raised its position in shares of ITT by 62.8% during the fourth quarter. Parkside Financial Bank & Trust now owns 197 shares of the conglomerate’s stock valued at $34,000 after buying an additional 76 shares during the last quarter. Entrust Financial LLC acquired a new position in shares of ITT during the fourth quarter valued at about $36,000. Finally, Triumph Capital Management acquired a new position in ITT in the third quarter worth about $37,000. 91.59% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other ITT news, insider Lori B. Marino sold 7,123 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $208.27, for a total transaction of $1,483,507.21. Following the completion of the sale, the insider directly owned 8,729 shares of the company’s stock, valued at approximately $1,817,988.83. This represents a 44.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Luca Savi sold 63,450 shares of the business’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $190.69, for a total transaction of $12,099,280.50. Following the sale, the chief executive officer directly owned 262,354 shares in the company, valued at approximately $50,028,284.26. This trade represents a 19.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 70,773 shares of company stock valued at $13,624,470 over the last 90 days. 0.88% of the stock is currently owned by company insiders.

ITT Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 6th. Stockholders of record on Monday, June 8th will be issued a dividend of $0.386 per share. This represents a $1.54 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, June 8th. ITT’s payout ratio is 27.16%.

ITT News Roundup

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

About ITT

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.