ITT (NYSE:ITT) Stock Sale Revealed by Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of ITT Inc. (NYSE:ITT). In a filing disclosed on October 12th, the Representative disclosed that they had sold between $15,001 and $50,000 in ITT stock on September 21st. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

  • Purchased $15,001 – $50,000 in shares of Benchmark Electronics (NYSE:BHE) on 10/1/2026.
  • Sold $1,001 – $15,000 in shares of Oxford Industries (NYSE:OXM) on 9/29/2026.
  • Sold $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 9/29/2026.
  • Sold $15,001 – $50,000 in shares of ITT (NYSE:ITT) on 9/29/2026.
  • Sold $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 9/29/2026.
  • Purchased $1,001 – $15,000 in shares of Tandem Diabetes Care (NASDAQ:TNDM) on 9/29/2026.
  • Purchased $1,001 – $15,000 in shares of Cytokinetics (NASDAQ:CYTK) on 9/29/2026.
  • Purchased $1,001 – $15,000 in shares of Ultragenyx Pharmaceutical (NASDAQ:RARE) on 9/29/2026.
  • Purchased $1,001 – $15,000 in shares of YETI (NYSE:YETI) on 9/29/2026.
  • Sold $1,001 – $15,000 in shares of AtriCure (NASDAQ:ATRC) on 9/29/2026.

ITT Trading Down 0.2%

Shares of ITT stock opened at $201.54 on Wednesday. ITT Inc. has a fifty-two week low of $166.96 and a fifty-two week high of $230.32. The stock has a market cap of $18.02 billion, a P/E ratio of 39.52, a P/E/G ratio of 1.65 and a beta of 1.25. The business has a fifty day simple moving average of $206.12 and a 200-day simple moving average of $201.29. The company has a quick ratio of 0.85, a current ratio of 1.26 and a debt-to-equity ratio of 0.60.

ITT (NYSE:ITT – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The conglomerate reported $2.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.92 by $0.16. ITT had a return on equity of 15.90% and a net margin of 8.90%. The business had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter in the previous year, the company posted $1.64 EPS. The business’s revenue was up 51.5% on a year-over-year basis. ITT has set its FY 2026 guidance at 8.120-8.320 EPS. On average, analysts forecast that ITT Inc. will post 8.25 earnings per share for the current fiscal year.

ITT Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, October 5th. Shareholders of record on Tuesday, September 8th were issued a $0.3860 dividend. The ex-dividend date of this dividend was Tuesday, September 8th. This represents a $1.54 annualized dividend and a yield of 0.8%. ITT’s dividend payout ratio is 30.20%.

Insider Activity

In other news, CAO Graziano De sold 700 shares of the company’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $214.54, for a total transaction 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 $1,535,891.86. This represents a 8.91% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Luca Savi acquired 5,019 shares of the company’s stock in a transaction dated Monday, August 31st. The shares were bought at an average cost of $199.56 per share, with a total value of $1,001,591.64. Following the purchase, the chief executive officer owned 267,373 shares in the company, valued at approximately $53,356,955.88. The trade was a 1.91% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 0.88% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ITT. BlackRock Inc. purchased a new position in shares of ITT during the 2nd quarter worth $1,715,593,000. Findlay Park Partners LLP purchased a new stake in shares of ITT in the second quarter valued at $276,395,000. Bank of America Corp DE acquired a new position in ITT in the second quarter valued at $173,436,000. Jupiter Topco LLC acquired a new position in ITT in the second quarter valued at $127,872,000. Finally, Bank of New York Mellon Corp purchased a new position in ITT during the second quarter worth about $119,853,000. 91.59% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on ITT shares. Stifel Nicolaus raised their target price on shares of ITT from $246.00 to $250.00 and gave the company a “buy” rating in a report on Monday, July 20th. DA Davidson upped their price target on shares of ITT from $255.00 to $265.00 and gave the company a “buy” rating in a report on Tuesday, August 11th. BMO Capital Markets reiterated an “outperform” rating and issued a $273.00 price target on shares of ITT in a research report on Friday, August 7th. Citigroup lifted their price objective on ITT from $254.00 to $267.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Finally, Wolfe Research started coverage on ITT in a research note on Tuesday, September 15th. They issued an “outperform” rating and a $272.00 target price on the stock. Eight research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, ITT currently has a consensus rating of “Moderate Buy” and a consensus price target of $259.56.

Get Our Latest Report on ITT

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About ITT

(Get Free Report)

ITT Inc (NYSE: ITT) is a global manufacturer of highly engineered components and technologies serving the transportation, energy, industrial, infrastructure, and aerospace and defense markets. The company develops products designed to support critical applications where reliability, performance, and safety are essential.

ITT operates through three principal business segments: Motion Technologies, Industrial Process, and Connect & Control Technologies. Its products include brake pads and friction materials, shock absorbers, pumps, valves, monitoring and control systems, connectors, switches, and other specialized components.

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