Wall Street Zen Upgrades ITT (NYSE:ITT) to Buy

ITT (NYSE:ITT) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Monday.

Other research analysts also recently issued reports about the company. Citigroup raised their price target on ITT from $225.00 to $243.00 and gave the company a “buy” rating in a research note on Monday, February 9th. Stifel Nicolaus raised their target price on shares of ITT from $218.00 to $228.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Weiss Ratings restated a “buy (b)” rating on shares of ITT in a report on Thursday, January 22nd. KeyCorp upped their price target on shares of ITT from $215.00 to $230.00 and gave the stock an “overweight” rating in a research report on Friday, February 6th. Finally, Robert W. Baird set a $222.00 price target on shares of ITT in a research note on Friday, February 6th. Nine investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of $216.11.

ITT Price Performance

Shares of ITT opened at $202.23 on Monday. The company has a quick ratio of 2.07, a current ratio of 2.58 and a debt-to-equity ratio of 0.13. ITT has a twelve month low of $105.64 and a twelve month high of $209.70. The stock has a market capitalization of $17.39 billion, a P/E ratio of 33.10, a P/E/G ratio of 1.87 and a beta of 1.34. The company has a 50 day moving average of $188.56 and a 200-day moving average of $181.27.

ITT (NYSE:ITT) last posted its quarterly earnings data on Thursday, February 5th. The conglomerate reported $1.85 EPS for the quarter, topping analysts’ consensus estimates of $1.79 by $0.06. The company had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.01 billion. ITT had a net margin of 12.39% and a return on equity of 17.74%. The company’s quarterly revenue was up 13.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.50 EPS. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. As a group, equities research analysts forecast that ITT will post 6.51 EPS for the current fiscal year.

Institutional Trading of ITT

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. grew its stake in ITT by 55,929.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,518,405 shares of the conglomerate’s stock valued at $263,458,000 after buying an additional 1,515,695 shares during the last quarter. Norges Bank bought a new stake in shares of ITT during the fourth quarter worth approximately $194,884,000. Vanguard Group Inc. grew its position in shares of ITT by 7.9% in the fourth quarter. Vanguard Group Inc. now owns 8,460,467 shares of the conglomerate’s stock valued at $1,467,976,000 after purchasing an additional 620,217 shares during the last quarter. Findlay Park Partners LLP increased its stake in shares of ITT by 63.2% during the fourth quarter. Findlay Park Partners LLP now owns 1,230,902 shares of the conglomerate’s stock worth $213,574,000 after purchasing an additional 476,702 shares during the period. Finally, Ghisallo Capital Management LLC bought a new position in shares of ITT during the fourth quarter worth approximately $78,080,000. Institutional investors own 91.59% of the company’s stock.

More ITT News

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

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.