Citigroup Inc. Has $17.49 Million Position in ITT Inc. $ITT

Citigroup Inc. boosted its holdings in ITT Inc. (NYSE:ITTFree Report) by 54.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 97,836 shares of the conglomerate’s stock after acquiring an additional 34,644 shares during the period. Citigroup Inc.’s holdings in ITT were worth $17,489,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Financial Gravity Companies Inc. bought a new position in shares of ITT in the second quarter valued at about $27,000. True Wealth Design LLC grew its stake in ITT by 219.2% in the 3rd quarter. True Wealth Design LLC now owns 166 shares of the conglomerate’s stock valued at $30,000 after buying an additional 114 shares during the last quarter. Atlantic Union Bankshares Corp bought a new position in ITT in the 2nd quarter valued at about $34,000. Quent Capital LLC acquired a new stake in ITT during the third quarter worth approximately $37,000. Finally, MTM Investment Management LLC bought a new stake in shares of ITT during the second quarter worth approximately $39,000. 91.59% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on ITT shares. Robert W. Baird set a $222.00 target price on ITT in a research report on Friday, February 6th. Wall Street Zen cut ITT from a “buy” rating to a “hold” rating in a research report on Sunday, February 22nd. DA Davidson set a $245.00 target price on ITT in a report on Monday, February 9th. KeyCorp upped their price target on shares of ITT from $215.00 to $230.00 and gave the company an “overweight” rating in a research note on Friday, February 6th. Finally, Stifel Nicolaus lifted their price objective on shares of ITT from $218.00 to $228.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Nine equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $216.11.

Check Out Our Latest Research Report on ITT

ITT Trading Down 0.9%

Shares of ITT opened at $202.23 on Friday. 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 Inc. has a 52-week low of $105.64 and a 52-week high of $209.70. The firm has a market cap of $17.39 billion, a price-to-earnings ratio of 33.10, a PEG ratio of 1.88 and a beta of 1.37. The business’s fifty day moving average is $188.56 and its 200-day moving average is $181.12.

ITT (NYSE:ITTGet Free Report) last released its quarterly earnings data on Thursday, February 5th. The conglomerate reported $1.85 earnings per share for the quarter, beating the consensus estimate of $1.79 by $0.06. The business had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.01 billion. ITT had a return on equity of 17.74% and a net margin of 12.39%.ITT’s revenue was up 13.5% compared to the same quarter last year. During the same period last year, the firm posted $1.50 earnings per share. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. Equities analysts anticipate that ITT Inc. will post 6.51 EPS for the current fiscal year.

ITT Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 6th. Investors of record on Friday, March 6th will be paid a $0.386 dividend. This represents a $1.54 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Friday, March 6th. This is a positive change from ITT’s previous quarterly dividend of $0.35. ITT’s payout ratio is currently 22.91%.

ITT News Summary

Here are the key news stories impacting ITT this week:

  • Positive Sentiment: Zacks nudged up near-term quarters: Q2 2026 EPS raised to $1.71 (from $1.70) and Q3 2026 EPS raised to $1.75 (from $1.71). These small increases signal modestly better near-term expectations for some segments. MarketBeat ITT
  • Positive Sentiment: Zacks published a long-term FY2028 EPS projection of $9.11, indicating an expectation of substantial multi-year earnings growth (contrast to current-year consensus of $6.51). This supports a longer-term growth narrative for investors. MarketBeat ITT
  • Neutral Sentiment: Management investor outreach — ITT presented at the 36th Annual Pump, Valve & Water Systems Symposium; transcript and slideshow were posted (useful for detail on end markets, product mix and margin outlook). These materials typically provide color but rarely move stock materially unless guidance changes. Symposium Transcript Slideshow
  • Negative Sentiment: Zacks cut several near-term quarter estimates: Q4 2026 EPS lowered to $1.89 (from $2.02), Q1 2027 EPS trimmed to $1.85 (from $1.87), and Q3 2027 EPS reduced to $2.11 (from $2.23). These downward revisions to near-term EPS are the primary driver of weaker sentiment and likely explain today’s selling pressure. MarketBeat ITT

About ITT

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for ITT (NYSE:ITT)

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