Itron, Inc. $ITRI Shares Sold by Aristotle Capital Boston LLC

Aristotle Capital Boston LLC trimmed its position in shares of Itron, Inc. (NASDAQ:ITRI) by 2.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 295,550 shares of the scientific and technical instruments company’s stock after selling 8,010 shares during the period. Itron makes up about 1.5% of Aristotle Capital Boston LLC’s holdings, making the stock its 12th largest holding. Aristotle Capital Boston LLC owned about 0.65% of Itron worth $27,445,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of ITRI. Northwestern Mutual Wealth Management Co. increased its position in shares of Itron by 343.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 346 shares of the scientific and technical instruments company’s stock worth $46,000 after acquiring an additional 268 shares during the period. M&T Bank Corp increased its position in shares of Itron by 10.0% during the second quarter. M&T Bank Corp now owns 2,141 shares of the scientific and technical instruments company’s stock worth $282,000 after acquiring an additional 194 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of Itron by 25.3% during the second quarter. EverSource Wealth Advisors LLC now owns 401 shares of the scientific and technical instruments company’s stock worth $53,000 after acquiring an additional 81 shares during the period. Jump Financial LLC purchased a new stake in shares of Itron during the second quarter worth $1,609,000. Finally, Cerity Partners LLC increased its position in shares of Itron by 10.2% during the second quarter. Cerity Partners LLC now owns 5,431 shares of the scientific and technical instruments company’s stock worth $715,000 after acquiring an additional 503 shares during the period. Hedge funds and other institutional investors own 96.19% of the company’s stock.

Itron Stock Performance

Shares of ITRI stock opened at $79.26 on Thursday. Itron, Inc. has a 1 year low of $77.77 and a 1 year high of $142.00. The firm has a market cap of $3.51 billion, a price-to-earnings ratio of 12.64, a PEG ratio of 0.71 and a beta of 1.33. The stock’s 50-day moving average is $85.47 and its two-hundred day moving average is $92.15. The company has a debt-to-equity ratio of 0.97, a quick ratio of 2.24 and a current ratio of 2.66.

Itron (NASDAQ:ITRI) last announced its earnings results on Tuesday, April 28th. The scientific and technical instruments company reported $1.49 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.23. Itron had a net margin of 12.31% and a return on equity of 19.54%. The business had revenue of $586.98 million during the quarter, compared to the consensus estimate of $572.04 million. During the same quarter in the prior year, the firm earned $1.52 earnings per share. The business’s quarterly revenue was down 3.3% compared to the same quarter last year. Itron has set its Q2 2026 guidance at 1.250-1.350 EPS. Analysts predict that Itron, Inc. will post 6.01 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ITRI has been the topic of a number of recent research reports. Needham & Company LLC initiated coverage on Itron in a research report on Friday, March 6th. They set a “buy” rating and a $124.00 price objective on the stock. Raymond James Financial initiated coverage on Itron in a research report on Tuesday, April 21st. They set an “underperform” rating on the stock. TD Cowen cut their price objective on Itron from $145.00 to $130.00 and set a “buy” rating on the stock in a research report on Wednesday, April 29th. Oppenheimer increased their target price on Itron from $133.00 to $135.00 and gave the company an “outperform” rating in a report on Thursday, April 16th. Finally, Zacks Research raised Itron from a “strong sell” rating to a “hold” rating in a report on Thursday, February 26th. Eight equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Itron presently has a consensus rating of “Moderate Buy” and a consensus target price of $131.22.

Insider Transactions at Itron

In related news, SVP Donald L. Reeves III sold 319 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $84.37, for a total value of $26,914.03. Following the completion of the sale, the senior vice president owned 29,100 shares in the company, valued at $2,455,167. This trade represents a 1.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Joan S. Hooper sold 442 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $84.37, for a total transaction of $37,291.54. Following the completion of the sale, the chief financial officer owned 117,478 shares of the company’s stock, valued at approximately $9,911,618.86. The trade was a 0.37% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 3,946 shares of company stock worth $324,420. Company insiders own 1.77% of the company’s stock.

Itron Profile

Itron, Inc (NASDAQ: ITRI) is a global technology company that develops innovative solutions to measure, manage and analyze the use of energy and water. Its comprehensive portfolio includes smart meters, data collection devices, communication networks and advanced software applications designed to optimize utility operations and foster sustainable resource management. The company’s offerings enable utilities and cities to accurately monitor consumption patterns, streamline billing processes and improve grid reliability.

Itron’s product lineup spans a range of hardware and software solutions, from residential and commercial smart meters to meter data management systems (MDMS), networked communication platforms and analytics tools.