Itron, Inc. $ITRI Holdings Increased by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL increased its stake in Itron, Inc. (NASDAQ:ITRI) by 47.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 274,644 shares of the scientific and technical instruments company’s stock after acquiring an additional 88,029 shares during the period. Tudor Investment Corp ET AL owned approximately 0.60% of Itron worth $34,210,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in Itron by 2.3% during the 3rd quarter. Vanguard Group Inc. now owns 5,875,153 shares of the scientific and technical instruments company’s stock valued at $731,809,000 after purchasing an additional 132,329 shares in the last quarter. Impax Asset Management Group plc boosted its stake in Itron by 127.3% during the third quarter. Impax Asset Management Group plc now owns 1,588,950 shares of the scientific and technical instruments company’s stock valued at $197,153,000 after buying an additional 890,040 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Itron by 1.5% in the third quarter. Dimensional Fund Advisors LP now owns 1,076,274 shares of the scientific and technical instruments company’s stock worth $134,058,000 after acquiring an additional 16,261 shares in the last quarter. Handelsbanken Fonder AB lifted its holdings in Itron by 6.0% in the 3rd quarter. Handelsbanken Fonder AB now owns 999,882 shares of the scientific and technical instruments company’s stock valued at $124,545,000 after acquiring an additional 56,318 shares during the last quarter. Finally, First Trust Advisors LP boosted its position in shares of Itron by 0.6% during the 3rd quarter. First Trust Advisors LP now owns 762,087 shares of the scientific and technical instruments company’s stock valued at $94,926,000 after purchasing an additional 4,368 shares in the last quarter. Institutional investors own 96.19% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Robert W. Baird set a $128.00 target price on shares of Itron and gave the stock an “outperform” rating in a report on Wednesday, February 18th. Johnson Rice raised Itron from an “accumulate” rating to a “buy” rating and set a $130.00 price target on the stock in a report on Monday, January 5th. Weiss Ratings downgraded Itron from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Guggenheim set a $155.00 target price on Itron in a report on Friday, February 13th. Finally, Needham & Company LLC initiated coverage on Itron in a research report on Friday, March 6th. They set a “buy” rating and a $124.00 target price on the stock. Eight equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $137.10.

Insider Activity

In other Itron news, CFO Joan S. Hooper sold 3,533 shares of the firm’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $95.92, for a total transaction of $338,885.36. Following the completion of the sale, the chief financial officer directly owned 118,275 shares in the company, valued at approximately $11,344,938. This trade represents a 2.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO David Marshall Wright sold 264 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $100.17, for a total value of $26,444.88. Following the completion of the transaction, the chief accounting officer owned 9,124 shares in the company, valued at $913,951.08. This represents a 2.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 51,180 shares of company stock worth $5,085,475. Corporate insiders own 1.45% of the company’s stock.

Itron Trading Up 1.0%

NASDAQ ITRI opened at $92.69 on Friday. The firm’s 50 day moving average price is $96.89 and its two-hundred day moving average price is $105.95. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.56 and a current ratio of 1.80. Itron, Inc. has a twelve month low of $88.57 and a twelve month high of $142.00. The stock has a market cap of $4.17 billion, a price-to-earnings ratio of 14.24, a PEG ratio of 0.80 and a beta of 1.44.

Itron (NASDAQ:ITRI) last issued its earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $2.46 EPS for the quarter, topping the consensus estimate of $2.19 by $0.27. Itron had a return on equity of 20.04% and a net margin of 12.72%.The business had revenue of $571.66 million during the quarter, compared to analysts’ expectations of $561.31 million. During the same quarter last year, the firm posted $1.35 earnings per share. Itron’s revenue was down 6.7% compared to the same quarter last year. Itron has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 5.750-6.250 EPS. Equities analysts anticipate that Itron, Inc. will post 5.33 EPS for the current year.

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.