Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of ITT Inc. (NYSE:ITT)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of ITT Inc. (NYSE:ITT). In a filing disclosed on October 12th, the Representative disclosed that they had sold between $15,001 and $50,000 in ITT stock on September 21st. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Benchmark Electronics (NYSE:BHE) on 10/1/2026.
• Sold $1,001 – $15,000 in shares of Oxford Industries (NYSE:OXM) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 9/29/2026.
• Sold $15,001 – $50,000 in shares of ITT (NYSE:ITT) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Tandem Diabetes Care (NASDAQ:TNDM) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Cytokinetics (NASDAQ:CYTK) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Ultragenyx Pharmaceutical (NASDAQ:RARE) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of YETI (NYSE:YETI) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of AtriCure (NASDAQ:ATRC) on 9/29/2026.

ITT Price Performance

ITT stock opened at $199.49 on Thursday. The stock has a market cap of $17.83 billion, a price-to-earnings ratio of 39.12, a P/E/G ratio of 1.65 and a beta of 1.25. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.26 and a quick ratio of 0.85. The company has a 50 day simple moving average of $206.03 and a 200 day simple moving average of $201.38. ITT Inc. has a 1 year low of $166.96 and a 1 year high of $230.32.

ITT (NYSE:ITT) last issued its earnings results on Thursday, August 6th. The conglomerate reported $2.08 earnings per share for the quarter, beating analysts’ consensus estimates of $1.92 by $0.16. The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.39 billion. ITT had a net margin of 8.90% and a return on equity of 15.90%. The company’s quarterly revenue was up 51.5% on a year-over-year basis. During the same quarter last year, the business posted $1.64 earnings per share. ITT has set its FY 2026 guidance at 8.120-8.320 EPS. Research analysts anticipate that ITT Inc. will post 8.25 EPS for the current fiscal year.

ITT Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, October 5th. Stockholders of record on Tuesday, September 8th were paid a $0.3860 dividend. This represents a $1.54 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Tuesday, September 8th. ITT’s dividend payout ratio (DPR) is presently 30.20%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Citigroup boosted their price objective on ITT from $254.00 to $267.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Wolfe Research initiated coverage on ITT in a research note on Tuesday, September 15th. They set an “outperform” rating and a $272.00 price target on the stock. DA Davidson boosted their price target on ITT from $255.00 to $265.00 and gave the stock a “buy” rating in a report on Tuesday, August 11th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $273.00 price objective on shares of ITT in a research note on Friday, August 7th. Finally, KeyCorp raised their price objective on shares of ITT from $250.00 to $263.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Eight equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $259.56.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Kestra Private Wealth Services LLC raised its position in shares of ITT by 2.8% during the first quarter. Kestra Private Wealth Services LLC now owns 1,942 shares of the conglomerate’s stock worth $370,000 after acquiring an additional 52 shares during the last quarter. Whittier Trust Co. lifted its stake in shares of ITT by 5.1% in the first quarter. Whittier Trust Co. now owns 1,064 shares of the conglomerate’s stock worth $207,000 after acquiring an additional 52 shares during the period. Everhart Financial Group Inc. boosted its holdings in ITT by 0.8% in the third quarter. Everhart Financial Group Inc. now owns 8,589 shares of the conglomerate’s stock valued at $1,733,000 after acquiring an additional 66 shares during the last quarter. Burney Co. increased its position in ITT by 2.3% during the 1st quarter. Burney Co. now owns 3,390 shares of the conglomerate’s stock valued at $646,000 after purchasing an additional 76 shares during the period. Finally, Fifth Third Wealth Advisors LLC increased its position in ITT by 2.6% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 3,072 shares of the conglomerate’s stock valued at $585,000 after purchasing an additional 79 shares during the period. 91.59% of the stock is owned by institutional investors.

Insider Activity at ITT

In other ITT news, CEO Luca Savi acquired 5,019 shares of the stock in a transaction dated Monday, August 31st. The stock was purchased at an average cost of $199.56 per share, with a total value of $1,001,591.64. Following the transaction, the chief executive officer owned 267,373 shares in the company, valued at approximately $53,356,955.88. The trade was a 1.91% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Graziano De sold 700 shares of the business’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $214.54, for a total value of $150,178.00. Following the completion of the transaction, the chief accounting officer directly owned 7,159 shares in the company, valued at $1,535,891.86. This represents a 8.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.88% of the stock is currently owned by company insiders.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

ITT Company Profile

ITT Inc (NYSE: ITT) is a global manufacturer of highly engineered components and technologies serving the transportation, energy, industrial, infrastructure, and aerospace and defense markets. The company develops products designed to support critical applications where reliability, performance, and safety are essential.

ITT operates through three principal business segments: Motion Technologies, Industrial Process, and Connect & Control Technologies. Its products include brake pads and friction materials, shock absorbers, pumps, valves, monitoring and control systems, connectors, switches, and other specialized components.