Zacks Research Weighs in on ITT’s FY2026 Earnings (NYSE:ITT)

ITT Inc. (NYSE:ITT) – Equities researchers at Zacks Research lifted their FY2026 earnings per share (EPS) estimates for shares of ITT in a research note issued on Thursday, September 10th. Zacks Research analyst Team now anticipates that the conglomerate will post earnings per share of $8.28 for the year, up from their previous forecast of $8.27. The consensus estimate for ITT’s current full-year earnings is $8.25 per share. Zacks Research also issued estimates for ITT’s Q3 2027 earnings at $2.44 EPS, Q4 2027 earnings at $2.39 EPS, FY2027 earnings at $9.10 EPS and FY2028 earnings at $10.55 EPS.

ITT (NYSE:ITT) last announced its quarterly earnings data on Thursday, August 6th. The conglomerate reported $2.08 earnings per share for the quarter, topping analysts’ consensus estimates of $1.92 by $0.16. The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.39 billion. ITT had a return on equity of 15.90% and a net margin of 8.90%.ITT’s quarterly revenue was up 51.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.64 earnings per share. ITT has set its FY 2026 guidance at 8.120-8.320 EPS.

Other research analysts also recently issued research reports about the company. Citigroup lifted their price target on ITT from $254.00 to $267.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Wolfe Research raised shares of ITT from a “peer perform” rating to an “outperform” rating and set a $229.00 price target on the stock in a report on Thursday, July 9th. Weiss Ratings raised shares of ITT from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, September 4th. Stifel Nicolaus lifted their price objective on ITT from $246.00 to $250.00 and gave the stock a “buy” rating in a research report on Monday, July 20th. Finally, DA Davidson increased their target price on ITT from $255.00 to $265.00 and gave the company a “buy” rating in a report on Tuesday, August 11th. Ten equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $244.82.

ITT Stock Performance

NYSE:ITT opened at $196.42 on Friday. The firm’s fifty day simple moving average is $201.33 and its 200-day simple moving average is $199.51. The company has a quick ratio of 0.85, a current ratio of 1.26 and a debt-to-equity ratio of 0.60. The stock has a market cap of $17.56 billion, a PE ratio of 38.51, a price-to-earnings-growth ratio of 1.62 and a beta of 1.27. ITT has a fifty-two week low of $166.96 and a fifty-two week high of $230.32.

ITT Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, October 5th. Stockholders of record on Tuesday, September 8th will be issued a dividend of $0.386 per share. The ex-dividend date is Tuesday, September 8th. This represents a $1.54 dividend on an annualized basis and a dividend yield of 0.8%. ITT’s payout ratio is presently 30.20%.

Insider Transactions at ITT

In related news, CEO Luca Savi bought 5,019 shares of the firm’s stock in a transaction dated Monday, August 31st. The stock was bought at an average price of $199.56 per share, with a total value of $1,001,591.64. Following the completion of the transaction, the chief executive officer directly owned 267,373 shares of the company’s stock, valued at approximately $53,356,955.88. This represents a 1.91% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Graziano De sold 700 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $214.54, for a total value of $150,178.00. Following the completion of the transaction, the chief accounting officer owned 7,159 shares of the company’s stock, valued at approximately $1,535,891.86. This represents a 8.91% decrease in their position. The SEC filing for this sale provides additional information. 0.88% of the stock is currently owned by insiders.

Institutional Investors Weigh In On ITT

Hedge funds have recently bought and sold shares of the business. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in ITT during the second quarter valued at approximately $28,000. Trust Co. of Vermont bought a new position in ITT during the second quarter worth $33,000. Elyxium Wealth LLC bought a new stake in ITT during the fourth quarter valued at $29,000. Bayban bought a new position in shares of ITT in the 4th quarter worth about $31,000. Finally, Parkside Financial Bank & Trust grew its position in shares of ITT by 62.8% during the 4th quarter. Parkside Financial Bank & Trust now owns 197 shares of the conglomerate’s stock valued at $34,000 after buying an additional 76 shares during the last quarter. Institutional investors and hedge funds own 91.59% of the company’s stock.

ITT Company Profile

ITT Inc is a diversified industrial manufacturer that develops and produces highly engineered components and systems for transportation, energy, industrial, aerospace and defense, and other specialized markets. The company serves original equipment manufacturers, distributors and aftermarket customers through a portfolio of mission-critical products designed to support safety, efficiency and reliability.

ITT operates through three primary business segments. Motion Technologies supplies brake pads, friction materials, shock absorbers, dampers and related components for automotive and rail applications.