ITT (NYSE:ITT) Stock Sale Disclosed 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 29th. 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 $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.
• Purchased $1,001 – $15,000 in shares of Alkermes (NASDAQ:ALKS) on 9/29/2026.

ITT Stock Performance

ITT opened at $199.49 on Thursday. The company has a current ratio of 1.26, a quick ratio of 0.85 and a debt-to-equity ratio of 0.60. The business’s 50 day moving average is $206.03 and its 200-day moving average is $201.38. The stock has a market cap of $17.83 billion, a PE ratio of 39.12, a price-to-earnings-growth ratio of 1.65 and a beta of 1.25. ITT Inc. has a twelve month low of $166.96 and a twelve month high of $230.32.

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

ITT Announces Dividend

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

Institutional Trading of ITT

A number of hedge funds and other institutional investors have recently made changes to their positions in ITT. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of ITT during the 2nd quarter valued at $28,000. Trust Co. of Vermont acquired a new position in shares of ITT in the 2nd quarter worth $33,000. Bayban acquired a new stake in shares of ITT during the fourth quarter worth $31,000. Transamerica Financial Advisors LLC acquired a new stake in shares of ITT during the second quarter worth $43,000. Finally, Ascentis Independent Advisors purchased a new stake in shares of ITT during the first quarter valued at $42,000. 91.59% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CAO Graziano De sold 700 shares of the stock in a transaction on Friday, August 7th. The stock was sold at an average price of $214.54, for a total value of $150,178.00. Following the completion of the transaction, the chief accounting officer owned 7,159 shares in the company, valued at $1,535,891.86. This trade represents a 8.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Luca Savi bought 5,019 shares of the company’s stock in a transaction dated Monday, August 31st. The stock was purchased at an average cost of $199.56 per share, for a total transaction of $1,001,591.64. Following the completion of the transaction, the chief executive officer owned 267,373 shares of the company’s stock, valued at $53,356,955.88. This represents a 1.91% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.88% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ITT. Citigroup increased their target price on shares of ITT from $254.00 to $267.00 and gave the company a “buy” rating in a research report on Friday, August 7th. DA Davidson boosted their price target on shares of ITT from $255.00 to $265.00 and gave the stock a “buy” rating in a research report on Tuesday, August 11th. Stifel Nicolaus upped their price target on shares of ITT from $246.00 to $250.00 and gave the stock a “buy” rating in a research note on Monday, July 20th. Wolfe Research initiated coverage on shares of ITT in a report on Tuesday, September 15th. They issued an “outperform” rating and a $272.00 price objective for the company. Finally, KeyCorp raised their price objective on shares of ITT from $250.00 to $263.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $259.56.

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.

ITT Company Profile

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.