ITT Inc. (NYSE:ITT) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of ITT Inc. (NYSE:ITT) have been given an average rating of “Moderate Buy” by the eleven research firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and ten have given a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $225.5455.

A number of equities research analysts have recently commented on the stock. Citigroup upped their target price on shares of ITT from $225.00 to $243.00 and gave the company a “buy” rating in a report on Monday, February 9th. DA Davidson set a $245.00 target price on shares of ITT in a report on Monday, February 9th. KeyCorp upped their target price on shares of ITT from $215.00 to $230.00 and gave the company an “overweight” rating in a report on Friday, February 6th. Stifel Nicolaus upped their target price on shares of ITT from $218.00 to $228.00 and gave the company a “buy” rating in a report on Friday, February 6th. Finally, BMO Capital Markets assumed coverage on shares of ITT in a report on Friday, March 27th. They issued an “outperform” rating and a $233.00 target price for the company.

ITT Price Performance

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

ITT (NYSE:ITT) last announced its quarterly earnings results on Thursday, February 5th. The conglomerate reported $1.85 earnings per share for the quarter, beating analysts’ consensus estimates of $1.79 by $0.06. ITT had a net margin of 12.39% and a return on equity of 17.74%. The firm 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. ITT’s quarterly revenue was up 13.5% compared to the same quarter last year. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. As a group, sell-side analysts anticipate that ITT will post 6.51 EPS for the current year.

ITT Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 6th. Stockholders of record on Friday, March 6th were issued 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 dividend on an annualized basis and a dividend yield of 0.8%. ITT’s dividend payout ratio is currently 25.20%.

Insider Activity at ITT

In related news, CEO Luca Savi sold 63,450 shares of the stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 262,354 shares of the company’s stock, valued at $50,028,284.26. This represents a 19.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders own 0.47% of the company’s stock.

Institutional Inflows and Outflows

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

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.