ITT (NYSE:ITT) Issues FY 2026 Earnings Guidance

ITT (NYSE:ITT) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 8.120-8.320 for the period, compared to the consensus estimate of 7.920. The company issued revenue guidance of -.

Analysts Set New Price Targets

ITT has been the subject of a number of recent analyst reports. DA Davidson boosted their target price on shares of ITT from $245.00 to $255.00 and gave the company a “buy” rating in a research note on Monday, May 11th. Stifel Nicolaus raised their price target on shares of ITT from $246.00 to $250.00 and gave the stock a “buy” rating in a research note on Monday, July 20th. KeyCorp lifted their price objective on shares of ITT from $230.00 to $250.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Citigroup boosted their price objective on shares of ITT from $252.00 to $254.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Finally, Wolfe Research upgraded shares of ITT from a “peer perform” rating to an “outperform” rating and set a $229.00 target price on the stock in a research note on Thursday, July 9th. Eleven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $234.75.

ITT Stock Up 4.8%

Shares of ITT stock traded up $9.75 on Thursday, hitting $213.83. The stock had a trading volume of 2,630,037 shares, compared to its average volume of 983,331. The company has a quick ratio of 1.01, a current ratio of 1.53 and a debt-to-equity ratio of 0.71. The business has a 50 day moving average price of $193.78 and a 200 day moving average price of $196.90. The company has a market cap of $19.12 billion, a PE ratio of 37.71, a P/E/G ratio of 1.92 and a beta of 1.27. ITT has a one year low of $164.00 and a one year high of $230.32.

ITT (NYSE:ITT) last released its quarterly earnings data on Thursday, August 6th. The conglomerate reported $2.08 earnings per share for the quarter, topping analysts’ consensus estimates of $1.92 by $0.16. ITT had a net margin of 10.80% and a return on equity of 16.83%. The company had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.39 billion. During the same period in the prior year, the firm earned $1.64 earnings per share. The firm’s revenue for the quarter was up 51.5% compared to the same quarter last year. ITT has set its FY 2026 guidance at 8.120-8.320 EPS. Research analysts anticipate that ITT will post 7.89 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Lori B. Marino sold 7,123 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $208.27, for a total value of $1,483,507.21. Following the completion of the transaction, the insider owned 8,729 shares of the company’s stock, valued at $1,817,988.83. The trade was a 44.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.88% of the stock is owned by company insiders.

More ITT News

Here are the key news stories impacting ITT this week:

• Positive Sentiment: Q2 earnings beat estimates. Adjusted EPS rose 18% year over year to $2.08, exceeding analysts’ expectations of approximately $1.92-$1.93. Revenue increased 51.5% to $1.47 billion, ahead of the $1.39 billion consensus estimate. ITT Reports Second-Quarter Earnings
• Positive Sentiment: Full-year guidance was raised. ITT now expects 2026 adjusted EPS of $8.12-$8.32, or $8.22 at the midpoint, versus its prior range of $7.70-$8.00 and analyst consensus near $7.92. The company also increased its organic revenue growth outlook to 5%-8% from 4%-6%. ITT Raises 2026 Guidance
• Positive Sentiment: Demand and profitability trends were strong. Total orders grew 53%, including 13% organic growth, supported by aerospace and defense, commercial aerospace, rail and industrial pump demand. Adjusted operating margin reached 20%, while management said SPX FLOW integration and cost synergies are progressing ahead of plan.
• Positive Sentiment: Deleveraging and cash expectations improved. ITT said debt repayment is lowering leverage faster than previously targeted and raised its full-year outlook for revenue, margins, earnings and cash. The company also declared a quarterly dividend of $0.386 per share, payable October 5.
• Neutral Sentiment: GAAP results were mixed. Reported EPS was $0.95, down from $1.54 a year earlier, but this was more than offset in investor sentiment by the adjusted EPS beat and acquisition-related growth.
• Negative Sentiment: Insider selling remains a cautionary signal. QuiverQuant data shows CEO Luca Savi sold approximately 63,450 shares across six transactions during the past six months, with no reported open-market purchases. This does not negate the earnings strength but may temper enthusiasm at an elevated valuation.

Institutional Trading of ITT

Several hedge funds have recently modified their holdings of ITT. Parkside Financial Bank & Trust raised its stake in shares of ITT by 62.8% during the 4th quarter. Parkside Financial Bank & Trust now owns 197 shares of the conglomerate’s stock worth $34,000 after acquiring an additional 76 shares in the last quarter. Triumph Capital Management acquired a new stake in ITT in the third quarter valued at approximately $37,000. Measured Wealth Private Client Group LLC acquired a new stake in ITT in the third quarter valued at approximately $43,000. Caitong International Asset Management Co. Ltd grew its holdings in ITT by 28,900.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 290 shares of the conglomerate’s stock worth $50,000 after purchasing an additional 289 shares during the last quarter. Finally, Sfam LLC purchased a new position in ITT in the fourth quarter worth $78,000. 91.59% of the stock is owned by hedge funds and other institutional investors.

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.