Ituran Location and Control Ltd. (NASDAQ:ITRN) Receives Consensus Rating of “Moderate Buy” from Analysts

Ituran Location and Control Ltd. (NASDAQ:ITRN) has received a consensus recommendation of “Moderate Buy” from the five brokerages that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $60.6667.

Several equities analysts have recently commented on the stock. UBS Group reaffirmed a “buy” rating on shares of Ituran Location and Control in a research report on Wednesday, May 27th. Zacks Research upgraded shares of Ituran Location and Control to a “hold” rating in a report on Thursday, May 28th. Finally, Wall Street Zen raised Ituran Location and Control from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 2nd.

Key Ituran Location and Control News

Here are the key news stories impacting Ituran Location and Control this week:

• Positive Sentiment: Record quarterly performance: Second-quarter revenue reached $104.8 million, up 21% year over year and above the $99.8 million analyst consensus. Subscription revenue increased 25%, while EBITDA rose 24% to a record $28.5 million, signaling strong operating momentum. Ituran Presents Second Quarter 2026 Results
• Positive Sentiment: Earnings beat expectations: Ituran reported quarterly EPS of $0.88, slightly ahead of the $0.87 consensus estimate. The company also posted a 16.03% net margin and 27.70% return on equity, reinforcing the strength of its financial performance. Ituran Quarterly Earnings Results
• Positive Sentiment: Dividend supports shareholder returns: The board approved a $0.50-per-share quarterly dividend, totaling approximately $10 million. The payment is scheduled for October 14 for shareholders of record on September 29, representing an annualized $2.00 payout and an indicated yield of about 3.7%. Ituran Announces Second-Quarter Dividend
• Neutral Sentiment: Short-interest data offers little signal: Reported short interest was zero shares as of August 11, unchanged from the prior period. The figures provide no meaningful evidence of either short-selling pressure or potential short-covering demand.

Ituran Location and Control Price Performance

NASDAQ ITRN opened at $54.07 on Thursday. The stock has a market capitalization of $1.08 billion, a P/E ratio of 17.84 and a beta of 0.79. The firm’s 50-day moving average is $58.73 and its two-hundred day moving average is $54.73. Ituran Location and Control has a 12 month low of $32.71 and a 12 month high of $68.30.

Ituran Location and Control (NASDAQ:ITRN) last announced its quarterly earnings results on Wednesday, August 12th. The industrial products company reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.87 by $0.01. The business had revenue of $104.79 million during the quarter, compared to analysts’ expectations of $99.84 million. Ituran Location and Control had a net margin of 16.03% and a return on equity of 27.70%. As a group, analysts anticipate that Ituran Location and Control will post 3.5 EPS for the current year.

Ituran Location and Control Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Tuesday, September 29th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, September 29th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.7%. Ituran Location and Control’s payout ratio is presently 66.01%.

Institutional Investors Weigh In On Ituran Location and Control

Several institutional investors and hedge funds have recently modified their holdings of the company. GW&K Investment Management LLC boosted its holdings in Ituran Location and Control by 909.3% during the 4th quarter. GW&K Investment Management LLC now owns 539,817 shares of the industrial products company’s stock valued at $23,218,000 after acquiring an additional 486,331 shares during the period. Nuveen LLC increased its stake in Ituran Location and Control by 721.6% during the fourth quarter. Nuveen LLC now owns 104,190 shares of the industrial products company’s stock worth $4,481,000 after purchasing an additional 91,509 shares during the period. Strategic Global Advisors LLC lifted its position in shares of Ituran Location and Control by 106.4% during the fourth quarter. Strategic Global Advisors LLC now owns 132,325 shares of the industrial products company’s stock worth $5,691,000 after purchasing an additional 68,222 shares in the last quarter. Man Group plc boosted its stake in shares of Ituran Location and Control by 90.8% in the second quarter. Man Group plc now owns 137,657 shares of the industrial products company’s stock valued at $5,331,000 after purchasing an additional 65,502 shares during the period. Finally, Millennium Management LLC boosted its stake in shares of Ituran Location and Control by 71.1% in the fourth quarter. Millennium Management LLC now owns 125,478 shares of the industrial products company’s stock valued at $5,397,000 after purchasing an additional 52,150 shares during the period. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Ituran Location and Control Company Profile

Ituran Location and Control Ltd. is a provider of wireless vehicle tracking and stolen vehicle recovery services. The company leverages a combination of cellular and global positioning system (GPS) technologies to offer real-time monitoring and location-based solutions for private vehicle owners, fleet operators and insurance companies. Its core offerings include subscription-based tracking devices, centralized control centers and software platforms that enable clients to detect unauthorized vehicle use, dispatch recovery teams and manage fleet logistics.

Founded in 1994 in Israel, Ituran pioneered the use of wireless communications for security and telematics applications.