Zacks Research Equities Analysts Lift Earnings Estimates for ITT Inc. (NYSE:ITT)

ITT Inc. (NYSE:ITTFree Report) – Equities researchers at Zacks Research upped their Q4 2025 earnings per share (EPS) estimates for shares of ITT in a research note issued to investors on Tuesday, April 30th. Zacks Research analyst R. Department now forecasts that the conglomerate will post earnings of $1.74 per share for the quarter, up from their previous forecast of $1.73. The consensus estimate for ITT’s current full-year earnings is $5.80 per share.

Several other research analysts have also weighed in on the company. KeyCorp increased their price objective on ITT from $136.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. DA Davidson boosted their price objective on shares of ITT from $140.00 to $155.00 and gave the company a “buy” rating in a report on Tuesday, March 26th. Stifel Nicolaus increased their target price on shares of ITT from $141.00 to $150.00 and gave the stock a “buy” rating in a research note on Wednesday, April 17th. StockNews.com downgraded shares of ITT from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, February 6th. Finally, Citigroup increased their price objective on shares of ITT from $139.00 to $157.00 and gave the stock a “buy” rating in a research report on Monday, April 8th. Eight research analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $135.57.

View Our Latest Analysis on ITT

ITT Price Performance

ITT stock opened at $128.28 on Friday. The stock has a market cap of $10.55 billion, a price-to-earnings ratio of 25.86, a price-to-earnings-growth ratio of 1.77 and a beta of 1.43. The firm has a 50 day simple moving average of $129.40 and a 200-day simple moving average of $118.33. ITT has a 1-year low of $75.82 and a 1-year high of $138.29.

ITT (NYSE:ITTGet Free Report) last released its quarterly earnings data on Thursday, May 2nd. The conglomerate reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.36 by $0.06. The firm had revenue of $910.60 million during the quarter, compared to analysts’ expectations of $883.21 million. ITT had a net margin of 12.50% and a return on equity of 17.91%. ITT’s revenue was up 14.1% compared to the same quarter last year. During the same period last year, the business earned $1.17 earnings per share.

ITT Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 1st. Shareholders of record on Monday, June 3rd will be given a $0.319 dividend. The ex-dividend date of this dividend is Monday, June 3rd. This represents a $1.28 annualized dividend and a yield of 0.99%. ITT’s dividend payout ratio is presently 25.81%.

Institutional Trading of ITT

A number of large investors have recently modified their holdings of ITT. Rise Advisors LLC grew its stake in ITT by 788.5% during the 1st quarter. Rise Advisors LLC now owns 231 shares of the conglomerate’s stock worth $31,000 after purchasing an additional 205 shares in the last quarter. AdvisorNet Financial Inc grew its position in shares of ITT by 101.0% during the fourth quarter. AdvisorNet Financial Inc now owns 406 shares of the conglomerate’s stock worth $48,000 after buying an additional 204 shares in the last quarter. Clearstead Advisors LLC increased its stake in shares of ITT by 81.7% during the third quarter. Clearstead Advisors LLC now owns 556 shares of the conglomerate’s stock worth $54,000 after buying an additional 250 shares during the period. Tradewinds Capital Management LLC purchased a new stake in shares of ITT during the first quarter worth approximately $68,000. Finally, Bfsg LLC acquired a new stake in ITT in the fourth quarter valued at approximately $73,000. Hedge funds and other institutional investors own 91.59% of the company’s stock.

ITT Company Profile

(Get Free Report)

ITT Inc, together with its subsidiaries, manufactures and sells engineered critical components and customized technology solutions for the transportation, industrial, and energy markets in the United States and internationally. The Motion Technologies segment manufactures brake pads, shims, shock absorbers, and energy absorption components; and sealing technologies primarily for the transportation industry, including passenger cars, trucks, light- and heavy-duty commercial and military vehicles, buses, and trains.

See Also

Earnings History and Estimates for ITT (NYSE:ITT)

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