BNP PARIBAS ASSET MANAGEMENT Holding S.A. Increases Holdings in Itron, Inc. $ITRI

BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its position in shares of Itron, Inc. (NASDAQ:ITRI) by 229.1% during the 3rd quarter, HoldingsChannel reports. The firm owned 147,875 shares of the scientific and technical instruments company’s stock after buying an additional 102,946 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s holdings in Itron were worth $18,420,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of ITRI. EverSource Wealth Advisors LLC grew its position in shares of Itron by 25.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 401 shares of the scientific and technical instruments company’s stock worth $53,000 after buying an additional 81 shares in the last quarter. Amalgamated Bank raised its holdings in shares of Itron by 0.7% in the third quarter. Amalgamated Bank now owns 13,060 shares of the scientific and technical instruments company’s stock valued at $1,627,000 after acquiring an additional 86 shares in the last quarter. PFG Investments LLC lifted its stake in Itron by 4.8% in the third quarter. PFG Investments LLC now owns 2,059 shares of the scientific and technical instruments company’s stock worth $256,000 after acquiring an additional 94 shares during the period. Elevation Point Wealth Partners LLC grew its holdings in Itron by 3.5% during the 2nd quarter. Elevation Point Wealth Partners LLC now owns 3,398 shares of the scientific and technical instruments company’s stock worth $447,000 after acquiring an additional 115 shares in the last quarter. Finally, J.W. Cole Advisors Inc. increased its position in Itron by 6.0% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 2,056 shares of the scientific and technical instruments company’s stock valued at $271,000 after purchasing an additional 116 shares during the period. 96.19% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently weighed in on ITRI. Robert W. Baird set a $128.00 price target on shares of Itron and gave the stock an “outperform” rating in a research report on Wednesday. Wall Street Zen lowered Itron from a “buy” rating to a “hold” rating in a report on Wednesday, January 14th. Argus reaffirmed a “hold” rating on shares of Itron in a research report on Tuesday, November 4th. Stephens raised Itron from an “equal weight” rating to an “overweight” rating and set a $130.00 price target for the company in a research report on Monday, November 3rd. Finally, Guggenheim set a $155.00 price objective on Itron in a research report on Friday, February 13th. Eight analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Itron currently has an average rating of “Moderate Buy” and a consensus target price of $137.90.

Itron News Summary

Here are the key news stories impacting Itron this week:

• Positive Sentiment: Q4 results and operational commentary beat expectations — Itron reported stronger-than-expected EPS, margin expansion, solid bookings and noted recurring-revenue acceleration and segment expansion that investors cheered. That drove an initial gap up in shares after the print. Itron Shares Jump 8% on Q4 Earnings Beat, Revenues Fall Y/Y
• Positive Sentiment: Analyst upgrade from Robert W. Baird — Baird moved ITRI from Neutral to Outperform and raised its price target to $128 (from $118), citing the grid-modernization opportunity and stronger recurring revenue trends. The upgrade and higher PT provide upside support to the stock. Itron just upgraded at Baird — here’s why
• Neutral Sentiment: Analyst coverage roundup — multiple outlets published analyst commentary and roundups that summarize mixed views on the stock; these pieces consolidate sell-side views but add little new near-term catalyst on their own. Where Itron Stands With Analysts
• Neutral Sentiment: Short-interest data flagged but appears erroneous — a February short-interest entry shows 0 shares and a 0.0 days-to-cover ratio, which likely reflects a reporting/data error rather than a real change in short positioning; investors should watch for corrected filings.
• Negative Sentiment: Bearish/valuation critique — at least one detailed analysis argues that despite cheap relative multiples the shares don’t yet justify an upgrade, highlighting risks around revenue declines, potential FY dilution from new initiatives, and uncertainty on sustainable growth. That commentary can temper momentum from the earnings beat and upgrade. Itron: Despite A Cheap Relative Valuation, Shares Don’t Justify An Upgrade Now

Itron Stock Down 0.5%

Shares of ITRI opened at $99.11 on Friday. The stock’s 50-day moving average price is $97.65 and its 200-day moving average price is $110.32. Itron, Inc. has a 52 week low of $88.57 and a 52 week high of $142.00. The company has a market capitalization of $4.45 billion, a price-to-earnings ratio of 15.22, a PEG ratio of 0.55 and a beta of 1.48. The company has a quick ratio of 1.91, a current ratio of 1.80 and a debt-to-equity ratio of 0.45.

Itron (NASDAQ:ITRI) last posted its quarterly earnings data on Tuesday, February 17th. The scientific and technical instruments company reported $2.46 EPS for the quarter, beating analysts’ consensus estimates of $2.19 by $0.27. Itron had a return on equity of 20.04% and a net margin of 12.72%.The business had revenue of $571.66 million during the quarter, compared to analysts’ expectations of $561.31 million. During the same period in the previous year, the business earned $1.35 earnings per share. The business’s revenue was down 6.7% compared to the same quarter last year. Itron has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 5.750-6.250 EPS. On average, sell-side analysts predict that Itron, Inc. will post 5.33 EPS for the current year.

Insider Activity

In other news, SVP John F. Marcolini sold 553 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $96.51, for a total value of $53,370.03. Following the transaction, the senior vice president directly owned 13,843 shares in the company, valued at approximately $1,335,987.93. This represents a 3.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Donald L. Reeves III sold 536 shares of the firm’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $96.51, for a total value of $51,729.36. Following the transaction, the senior vice president owned 19,068 shares of the company’s stock, valued at approximately $1,840,252.68. This represents a 2.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 3,113 shares of company stock worth $301,678. Insiders own 1.45% of the company’s stock.

Itron Profile

Itron, Inc (NASDAQ: ITRI) is a global technology company that develops innovative solutions to measure, manage and analyze the use of energy and water. Its comprehensive portfolio includes smart meters, data collection devices, communication networks and advanced software applications designed to optimize utility operations and foster sustainable resource management. The company’s offerings enable utilities and cities to accurately monitor consumption patterns, streamline billing processes and improve grid reliability.

Itron’s product lineup spans a range of hardware and software solutions, from residential and commercial smart meters to meter data management systems (MDMS), networked communication platforms and analytics tools.