ITT Inc. (NYSE:ITT) Receives $216.11 Average PT from Analysts

ITT Inc. (NYSE:ITTGet Free Report) has been assigned an average recommendation of “Moderate Buy” from the ten analysts that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $216.50.

A number of equities analysts have recently issued reports on the stock. Citigroup increased their price objective on shares of ITT from $225.00 to $243.00 and gave the company a “buy” rating in a research note on Monday, February 9th. KeyCorp upped their target price on shares of ITT from $215.00 to $230.00 and gave the company an “overweight” rating in a research note on Friday, February 6th. Robert W. Baird set a $222.00 price target on shares of ITT in a research report on Friday, February 6th. Wall Street Zen upgraded shares of ITT from a “hold” rating to a “buy” rating in a research note on Monday, March 2nd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of ITT in a report on Thursday, January 22nd.

Check Out Our Latest Stock Analysis on ITT

Insider Transactions at ITT

In other ITT news, CEO Luca Savi sold 63,450 shares of the stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $190.69, for a total transaction of $12,099,280.50. Following the completion of the transaction, the chief executive officer directly owned 262,354 shares in the company, valued at $50,028,284.26. This represents a 19.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.47% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On ITT

Several large investors have recently made changes to their positions in ITT. True Wealth Design LLC boosted its position in ITT by 219.2% in the third quarter. True Wealth Design LLC now owns 166 shares of the conglomerate’s stock valued at $30,000 after buying an additional 114 shares in the last quarter. Elyxium Wealth LLC acquired a new stake in shares of ITT during the fourth quarter worth approximately $29,000. Financial Gravity Companies Inc. bought a new position in shares of ITT in the second quarter valued at approximately $27,000. Bayban acquired a new position in shares of ITT in the 4th quarter worth approximately $31,000. Finally, Parkside Financial Bank & Trust boosted its holdings in shares of ITT by 62.8% in the 4th quarter. Parkside Financial Bank & Trust now owns 197 shares of the conglomerate’s stock worth $34,000 after acquiring an additional 76 shares in the last quarter. Institutional investors own 91.59% of the company’s stock.

ITT Stock Performance

Shares of NYSE:ITT traded up $0.40 during trading on Friday, hitting $186.96. 7,659 shares of the stock were exchanged, compared to its average volume of 932,340. The company has a market capitalization of $16.08 billion, a price-to-earnings ratio of 30.60, a price-to-earnings-growth ratio of 1.75 and a beta of 1.34. 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 has a 1-year low of $105.64 and a 1-year high of $209.70. The company’s fifty day simple moving average is $191.12 and its 200-day simple moving average is $182.57.

ITT (NYSE:ITTGet Free Report) last issued its earnings results on Thursday, February 5th. The conglomerate reported $1.85 EPS for the quarter, beating analysts’ consensus estimates of $1.79 by $0.06. ITT had a return on equity of 17.74% and a net margin of 12.39%.The business had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same period in the prior year, the company posted $1.50 earnings per share. ITT’s revenue was up 13.5% on a year-over-year basis. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. Sell-side analysts expect that ITT will post 6.51 EPS 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 paid a $0.386 dividend. The ex-dividend date of this dividend is Friday, March 6th. This represents a $1.54 annualized dividend and a yield of 0.8%. This is a positive change from ITT’s previous quarterly dividend of $0.35. ITT’s payout ratio is presently 25.20%.

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.

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Analyst Recommendations for ITT (NYSE:ITT)

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