Itron, Inc. (NASDAQ:ITRI) Receives Average Rating of “Moderate Buy” from Analysts

Itron, Inc. (NASDAQ:ITRI) has received a consensus rating of “Moderate Buy” from the thirteen analysts that are covering the firm, Marketbeat reports. Five investment analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $137.10.

ITRI has been the subject of several research analyst reports. Zacks Research upgraded Itron from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 26th. Weiss Ratings lowered Itron from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Oppenheimer boosted their target price on Itron from $125.00 to $133.00 and gave the stock an “outperform” rating in a report on Wednesday, February 18th. Needham & Company LLC assumed coverage on shares of Itron in a research report on Friday, March 6th. They set a “buy” rating and a $124.00 target price for the company. Finally, Johnson Rice upgraded shares of Itron from an “accumulate” rating to a “buy” rating and set a $130.00 price target on the stock in a report on Monday, January 5th.

Insider Buying and Selling

In other news, CFO Joan S. Hooper sold 3,533 shares of the firm’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $95.92, for a total value of $338,885.36. Following the transaction, the chief financial officer owned 118,275 shares of the company’s stock, valued at approximately $11,344,938. This trade represents a 2.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Laurie Ann Pulatie-Hahn sold 729 shares of Itron stock in a transaction on Friday, February 20th. The shares were sold at an average price of $100.17, for a total transaction of $73,023.93. Following the transaction, the senior vice president owned 32,950 shares in the company, valued at $3,300,601.50. The trade was a 2.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 51,180 shares of company stock valued at $5,085,475. 1.45% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Allworth Financial LP grew its stake in shares of Itron by 63.8% in the second quarter. Allworth Financial LP now owns 696 shares of the scientific and technical instruments company’s stock valued at $92,000 after buying an additional 271 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in Itron by 4.9% in the 2nd quarter. PNC Financial Services Group Inc. now owns 6,454 shares of the scientific and technical instruments company’s stock worth $850,000 after acquiring an additional 301 shares during the period. Police & Firemen s Retirement System of New Jersey boosted its holdings in Itron by 5.7% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 10,199 shares of the scientific and technical instruments company’s stock worth $1,342,000 after acquiring an additional 553 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in Itron by 8.5% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 11,704 shares of the scientific and technical instruments company’s stock valued at $1,541,000 after acquiring an additional 914 shares in the last quarter. Finally, Creative Planning raised its stake in shares of Itron by 13.1% during the second quarter. Creative Planning now owns 25,579 shares of the scientific and technical instruments company’s stock valued at $3,367,000 after purchasing an additional 2,959 shares during the period. Institutional investors and hedge funds own 96.19% of the company’s stock.

Itron Stock Down 1.5%

Shares of NASDAQ ITRI opened at $91.28 on Friday. The stock has a market capitalization of $4.10 billion, a PE ratio of 14.02, a P/E/G ratio of 0.80 and a beta of 1.44. The company has a quick ratio of 1.56, a current ratio of 1.80 and a debt-to-equity ratio of 0.45. The firm has a fifty day moving average of $96.73 and a 200-day moving average of $105.73. Itron has a 52-week low of $88.57 and a 52-week high of $142.00.

Itron (NASDAQ:ITRI) last issued its earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $2.46 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $561.31 million. During the same period last year, the company posted $1.35 EPS. The business’s quarterly revenue was down 6.7% on a year-over-year basis. 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, analysts anticipate that Itron will post 5.33 EPS for the current year.

About Itron

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.