ITT (NYSE:ITT) Hits New 12-Month High After Earnings Beat

ITT Inc. (NYSE:ITT) shares reached a new 52-week high during mid-day trading on Wednesday following a stronger than expected earnings report. The company traded as high as $225.26 and last traded at $219.8480, with a volume of 107606 shares trading hands. The stock had previously closed at $212.69.

The conglomerate reported $1.98 EPS for the quarter, topping the consensus estimate of $1.77 by $0.21. ITT had a net margin of 12.39% and a return on equity of 17.74%. During the same period last year, the firm earned $1.45 earnings per share. The firm’s revenue for the quarter was up 32.7% on a year-over-year basis. ITT has set its FY 2026 guidance at 7.700-8.000 EPS.

ITT Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 6th. Shareholders of record on Friday, March 6th were issued a $0.386 dividend. This represents a $1.54 annualized dividend and a yield of 0.7%. This is a boost from ITT’s previous quarterly dividend of $0.35. The ex-dividend date was Friday, March 6th. ITT’s dividend payout ratio (DPR) is 25.20%.

ITT News Roundup

Here are the key news stories impacting ITT this week:

• Positive Sentiment: Q1 adjusted EPS and revenue beat consensus, driven by strong top‑line growth (reported adjusted EPS $1.98 vs. ~$1.77 estimate; revenue up ~32.7% year‑over‑year). Article Title
• Positive Sentiment: Company press release details Q1 results (adjusted EPS $1.98, GAAP EPS $0.89) and introduces a FY2026 outlook following the closing of SPX FLOW—signals management confidence from the acquisition. Article Title
• Positive Sentiment: Revenue beat quantified: Q1 revenue ~$1.212B, roughly $107M above consensus—supports organic and acquisition‑driven growth thesis. Article Title
• Neutral Sentiment: FY2026 EPS guidance set to $7.70–$8.00, which largely overlaps consensus (~7.78) — gives visibility but is not a material beat; market reaction depends on buy‑side interpretation. Article Title
• Neutral Sentiment: Company hosted a conference call and published slides — useful for detail on SPX FLOW synergies, margin outlook, and working capital assumptions; investors will watch execution. Article Title
• Negative Sentiment: Insider selling: executives (including the CEO) have sold shares recently (reported sales of sizable blocks), which can weigh on sentiment despite strong results. Article Title

Analysts Set New Price Targets

Several brokerages have commented on ITT. The Goldman Sachs Group began coverage on shares of ITT in a report on Tuesday, March 31st. They issued a “buy” rating and a $270.00 price objective for the company. BMO Capital Markets began coverage on shares of ITT in a report on Friday, March 27th. They issued an “outperform” rating and a $233.00 price objective for the company. Wall Street Zen upgraded shares of ITT from a “hold” rating to a “buy” rating in a report on Monday, March 2nd. KeyCorp raised their price objective 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, Robert W. Baird set a $222.00 price objective on shares of ITT in a report on Friday, February 6th. Ten 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, ITT has an average rating of “Moderate Buy” and an average price target of $225.55.

Insider Buying and Selling at ITT

In other ITT news, CEO Luca Savi sold 63,450 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The shares were 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 owned 262,354 shares of the company’s stock, valued at approximately $50,028,284.26. This trade represents a 19.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.88% of the company’s stock.

Hedge Funds Weigh In On ITT

Institutional investors and hedge funds have recently made changes to their positions in the business. Elyxium Wealth LLC bought a new stake in shares of ITT during the fourth quarter valued at approximately $29,000. Bayban bought a new stake in shares of ITT during the fourth quarter valued at approximately $31,000. Parkside Financial Bank & Trust increased its position in shares of ITT by 62.8% during the fourth quarter. Parkside Financial Bank & Trust now owns 197 shares of the conglomerate’s stock valued at $34,000 after acquiring an additional 76 shares in the last quarter. Entrust Financial LLC bought a new stake in shares of ITT during the fourth quarter valued at approximately $36,000. Finally, Quent Capital LLC bought a new stake in shares of ITT during the third quarter valued at approximately $37,000. Institutional investors own 91.59% of the company’s stock.

ITT Stock Up 2.5%

The company has a market cap of $19.49 billion, a P/E ratio of 35.58, a P/E/G ratio of 1.97 and a beta of 1.32. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.58 and a quick ratio of 2.07. The company’s 50-day moving average is $200.94 and its two-hundred day moving average is $189.57.

ITT Company Profile

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.