ITT Inc. (NYSE:ITT) Raises Dividend to $0.39 Per Share

ITT Inc. (NYSE:ITTGet Free Report) declared a quarterly dividend on Thursday, February 5th. Stockholders of record on Friday, March 6th will be given a dividend of 0.386 per share by the conglomerate on Monday, April 6th. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, March 6th. This is a 10.0% increase from ITT’s previous quarterly dividend of $0.35.

ITT has increased its dividend payment by an average of 0.2%annually over the last three years and has increased its dividend annually for the last 10 consecutive years. ITT has a dividend payout ratio of 19.6% meaning its dividend is sufficiently covered by earnings. Research analysts expect ITT to earn $7.14 per share next year, which means the company should continue to be able to cover its $1.40 annual dividend with an expected future payout ratio of 19.6%.

ITT Price Performance

Shares of ITT traded up $16.92 during mid-day trading on Thursday, hitting $202.07. The company’s stock had a trading volume of 2,814,217 shares, compared to its average volume of 895,609. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.52 and a quick ratio of 1.05. The firm has a 50-day moving average price of $179.37 and a 200 day moving average price of $176.39. ITT has a fifty-two week low of $105.64 and a fifty-two week high of $205.71. The stock has a market capitalization of $17.39 billion, a price-to-earnings ratio of 33.57, a PEG ratio of 1.67 and a beta of 1.37.

ITT (NYSE:ITTGet Free Report) last issued 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. ITT had a net margin of 12.67% and a return on equity of 18.96%. The firm had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same period last year, the firm posted $1.50 earnings per share. The firm’s revenue for the quarter was up 13.5% compared to the same quarter last year. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. On average, research analysts predict that ITT will post 6.51 EPS for the current fiscal year.

Key Headlines Impacting ITT

Here are the key news stories impacting ITT this week:

ITT Company Profile

(Get Free Report)

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.

Further Reading

Dividend History for ITT (NYSE:ITT)

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