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

Shares of Itron, Inc. (NASDAQ:ITRI) have been assigned an average rating of “Moderate Buy” from the thirteen research firms that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $131.2222.

ITRI has been the topic of several analyst reports. TD Cowen reduced their price target on Itron from $145.00 to $130.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Itron in a report on Friday, May 8th. Stephens reiterated an “overweight” rating and set a $130.00 price target on shares of Itron in a report on Wednesday, May 20th. Oppenheimer lifted their price target on Itron from $133.00 to $135.00 and gave the stock an “outperform” rating in a report on Thursday, April 16th. Finally, Roth Mkm reiterated a “buy” rating and set a $136.00 price target on shares of Itron in a report on Wednesday, April 29th.

Itron Price Performance

NASDAQ ITRI opened at $83.87 on Monday. Itron has a 52 week low of $77.77 and a 52 week high of $142.00. The company has a quick ratio of 2.24, a current ratio of 2.66 and a debt-to-equity ratio of 0.97. The business’s fifty day simple moving average is $83.71 and its 200-day simple moving average is $91.36. The firm has a market cap of $3.72 billion, a PE ratio of 13.38, a P/E/G ratio of 0.73 and a beta of 1.33.

Itron (NASDAQ:ITRI) last posted its quarterly earnings results on Tuesday, April 28th. The scientific and technical instruments company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.26 by $0.23. Itron had a return on equity of 19.54% and a net margin of 12.31%.The business had revenue of $586.98 million for the quarter, compared to analyst estimates of $572.04 million. During the same quarter in the previous year, the firm earned $1.52 EPS. The company’s quarterly revenue was down 3.3% compared to the same quarter last year. Itron has set its Q2 2026 guidance at 1.250-1.350 EPS. As a group, equities analysts anticipate that Itron will post 6.01 earnings per share for the current year.

Insider Buying and Selling

In related news, SVP Donald L. Reeves III sold 319 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $84.37, for a total transaction of $26,914.03. Following the completion of the sale, the senior vice president directly owned 29,100 shares of the company’s stock, valued at approximately $2,455,167. This trade represents a 1.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP John F. Marcolini sold 322 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $84.37, for a total value of $27,167.14. Following the sale, the senior vice president directly owned 24,689 shares of the company’s stock, valued at $2,083,010.93. The trade was a 1.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 3,946 shares of company stock valued at $324,420. 1.77% of the stock is currently owned by insiders.

Institutional Trading of Itron

A number of hedge funds and other institutional investors have recently modified their holdings of ITRI. Private Trust Co. NA increased its position in shares of Itron by 112.4% during the 4th quarter. Private Trust Co. NA now owns 274 shares of the scientific and technical instruments company’s stock worth $25,000 after purchasing an additional 145 shares during the last quarter. Employees Retirement System of Texas acquired a new position in Itron in the 3rd quarter valued at about $32,000. Northwestern Mutual Wealth Management Co. grew its position in Itron by 29.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 443 shares of the scientific and technical instruments company’s stock valued at $41,000 after acquiring an additional 101 shares in the last quarter. Aster Capital Management DIFC Ltd acquired a new position in Itron in the 3rd quarter valued at about $44,000. Finally, Advisory Services Network LLC acquired a new position in Itron in the 3rd quarter valued at about $49,000. 96.19% of the stock is owned by institutional investors and hedge funds.

Itron Company 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.