Analysts Set ITT Inc. (NYSE:ITT) Target Price at $216.11

ITT Inc. (NYSE:ITT) has been given an average rating of “Buy” by the nine brokerages that are presently covering the company, Marketbeat.com reports. Nine investment analysts have rated the stock with a buy rating. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $216.1111.

ITT has been the subject of a number of recent analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of ITT in a report on Thursday, January 22nd. Robert W. Baird set a $222.00 target price on ITT in a report on Friday, February 6th. DA Davidson set a $245.00 price target on ITT in a research note on Monday, February 9th. Stifel Nicolaus upped their price target on ITT from $218.00 to $228.00 and gave the company a “buy” rating in a report on Friday, February 6th. Finally, Citigroup increased their price objective on ITT from $225.00 to $243.00 and gave the company a “buy” rating in a research report on Monday, February 9th.

Insider Activity

In other news, CEO Luca Savi sold 63,450 shares of ITT stock in a transaction that occurred on Thursday, March 5th. The shares were 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 directly owned 262,354 shares in the company, valued at $50,028,284.26. The trade was a 19.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.47% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Capital International Investors boosted its holdings in ITT by 3.0% in the fourth quarter. Capital International Investors now owns 8,797,165 shares of the conglomerate’s stock worth $1,526,421,000 after purchasing an additional 258,936 shares during the last quarter. Vanguard Group Inc. raised its stake in ITT by 7.9% during the 4th quarter. Vanguard Group Inc. now owns 8,460,467 shares of the conglomerate’s stock valued at $1,467,976,000 after buying an additional 620,217 shares during the last quarter. State Street Corp lifted its holdings in shares of ITT by 7.4% during the 4th quarter. State Street Corp now owns 2,546,710 shares of the conglomerate’s stock valued at $441,880,000 after buying an additional 175,367 shares during the period. Geode Capital Management LLC lifted its holdings in shares of ITT by 15.6% during the 4th quarter. Geode Capital Management LLC now owns 1,614,929 shares of the conglomerate’s stock valued at $280,267,000 after buying an additional 217,360 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of ITT by 55,929.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,518,405 shares of the conglomerate’s stock worth $263,458,000 after buying an additional 1,515,695 shares during the last quarter. 91.59% of the stock is owned by hedge funds and other institutional investors.

ITT Stock Down 2.9%

NYSE:ITT opened at $185.21 on Friday. The firm has a market cap of $15.93 billion, a P/E ratio of 30.31, a P/E/G ratio of 1.71 and a beta of 1.34. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.07 and a current ratio of 2.58. ITT has a fifty-two week low of $105.64 and a fifty-two week high of $209.70. The firm has a 50-day simple moving average of $190.09 and a two-hundred day simple moving average of $182.21.

ITT (NYSE:ITT) last issued its earnings results on Thursday, February 5th. The conglomerate reported $1.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.79 by $0.06. ITT had a net margin of 12.39% and a return on equity of 17.74%. The business had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same period in the previous year, the company earned $1.50 earnings per share. The business’s revenue for the quarter was up 13.5% compared to the same quarter last year. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. Analysts predict that ITT will post 6.51 earnings per share for the current fiscal year.

ITT Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, April 6th. Shareholders of record on Friday, March 6th will be paid a dividend of $0.386 per share. The ex-dividend date is Friday, March 6th. This represents a $1.54 annualized dividend and a yield of 0.8%. This is an increase from ITT’s previous quarterly dividend of $0.35. ITT’s dividend payout ratio (DPR) is currently 25.20%.

ITT Company 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.