BOK Financial Private Wealth Inc. Sells 5,817 Shares of ITT Inc. $ITT

BOK Financial Private Wealth Inc. trimmed its position in ITT Inc. (NYSE:ITT) by 38.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,182 shares of the conglomerate’s stock after selling 5,817 shares during the quarter. BOK Financial Private Wealth Inc.’s holdings in ITT were worth $1,641,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Amundi boosted its position in shares of ITT by 22,565.6% in the first quarter. Amundi now owns 7,253 shares of the conglomerate’s stock worth $867,000 after purchasing an additional 7,221 shares during the period. Goldman Sachs Group Inc. boosted its holdings in ITT by 7.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 418,238 shares of the conglomerate’s stock worth $54,020,000 after buying an additional 28,937 shares during the period. Empowered Funds LLC bought a new position in ITT in the 1st quarter worth $360,000. Focus Partners Wealth increased its stake in ITT by 80.7% in the 1st quarter. Focus Partners Wealth now owns 7,871 shares of the conglomerate’s stock worth $1,017,000 after buying an additional 3,515 shares in the last quarter. Finally, Allianz Asset Management GmbH raised its holdings in ITT by 12.2% during the second quarter. Allianz Asset Management GmbH now owns 62,043 shares of the conglomerate’s stock valued at $9,730,000 after acquiring an additional 6,769 shares during the period. Hedge funds and other institutional investors own 91.59% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Wall Street Zen raised ITT from a “hold” rating to a “buy” rating in a research note on Saturday. Weiss Ratings restated a “buy (b)” rating on shares of ITT in a research note on Thursday, January 22nd. Citigroup increased their price objective on shares of ITT from $225.00 to $243.00 and gave the company a “buy” rating in a report on Monday, February 9th. KeyCorp boosted their target price on shares of ITT from $215.00 to $230.00 and gave the stock an “overweight” rating in a report on Friday, February 6th. Finally, Stifel Nicolaus raised their target price on shares of ITT from $218.00 to $228.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Nine equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, ITT currently has an average rating of “Buy” and a consensus target price of $216.11.

ITT Trading Up 0.8%

ITT stock opened at $204.78 on Wednesday. The firm has a fifty day moving average price of $183.53 and a 200 day moving average price of $179.11. ITT Inc. has a fifty-two week low of $105.64 and a fifty-two week high of $207.98. The firm has a market cap of $17.61 billion, a PE ratio of 33.51, a price-to-earnings-growth ratio of 1.89 and a beta of 1.37. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.07 and a current ratio of 2.58.

ITT (NYSE:ITT) last released its quarterly earnings data on Thursday, February 5th. The conglomerate reported $1.85 EPS for the quarter, beating the consensus estimate of $1.79 by $0.06. ITT had a net margin of 12.39% and a return on equity of 17.74%. The business had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same quarter last year, the business earned $1.50 earnings per share. ITT’s quarterly revenue was up 13.5% compared to the same quarter last year. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. Sell-side analysts anticipate that ITT Inc. will post 6.51 earnings per share for the current fiscal year.

ITT Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 6th. Investors of record on Friday, March 6th will be given a $0.386 dividend. This is an increase from ITT’s previous quarterly dividend of $0.35. This represents a $1.54 annualized dividend and a yield of 0.8%. The ex-dividend date is Friday, March 6th. ITT’s dividend payout ratio (DPR) is 22.91%.

About ITT

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.