ITT Inc. (NYSE:ITT – Get Free Report) has earned an average recommendation of “Moderate Buy” from the eleven analysts that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $218.00.
Several research analysts have commented on the stock. BMO Capital Markets initiated coverage on shares of ITT in a research note on Friday. They set an “outperform” rating and a $233.00 price target on the stock. DA Davidson set a $245.00 price objective on shares of ITT in a research note on Monday, February 9th. Wall Street Zen raised shares of ITT from a “hold” rating to a “buy” rating in a report on Monday, March 2nd. Stifel Nicolaus lifted their target price on shares of ITT from $218.00 to $228.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Finally, KeyCorp boosted their price target on shares of ITT from $215.00 to $230.00 and gave the stock an “overweight” rating in a research note on Friday, February 6th.
Insiders Place Their Bets
Institutional Trading of ITT
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. iSAM Funds UK Ltd purchased a new position in shares of ITT during the third quarter valued at about $2,113,000. Chesapeake Capital Corp IL purchased a new stake in ITT in the third quarter worth about $1,125,000. Brown Brothers Harriman & Co. boosted its position in ITT by 86,878.2% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 267,893 shares of the conglomerate’s stock valued at $47,889,000 after acquiring an additional 267,585 shares in the last quarter. Mawer Investment Management Ltd. boosted its position in ITT by 23.6% during the 3rd quarter. Mawer Investment Management Ltd. now owns 402,919 shares of the conglomerate’s stock valued at $72,026,000 after acquiring an additional 76,841 shares in the last quarter. Finally, Regents Gate Capital LLP purchased a new position in shares of ITT during the 3rd quarter worth approximately $9,381,000. Institutional investors own 91.59% of the company’s stock.
ITT Price Performance
Shares of ITT stock opened at $181.14 on Tuesday. The company has a current ratio of 2.58, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $15.58 billion, a PE ratio of 29.65, a price-to-earnings-growth ratio of 1.71 and a beta of 1.34. The business’s 50-day moving average price is $192.68 and its 200-day moving average price is $184.03. ITT has a 12 month low of $105.64 and a 12 month high of $209.70.
ITT (NYSE:ITT – Get Free Report) last released its earnings results on Thursday, February 5th. The conglomerate reported $1.85 earnings per share 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 return on equity of 17.74% and a net margin of 12.39%.ITT’s quarterly revenue was up 13.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.50 EPS. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. Sell-side analysts forecast that ITT will post 6.51 EPS for the current fiscal year.
ITT Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, April 6th. Stockholders of record on Friday, March 6th will be paid a $0.386 dividend. This is a boost from ITT’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Friday, March 6th. This represents a $1.54 dividend on an annualized basis and a dividend yield of 0.9%. ITT’s dividend payout ratio is presently 25.20%.
ITT Company Profile
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.
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