Itron, Inc. (NASDAQ:ITRI) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Itron, Inc. (NASDAQ:ITRI) have been given an average rating of “Moderate Buy” by the thirteen analysts that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $131.2222.

ITRI has been the topic of several research reports. Raymond James Financial started coverage on Itron in a research note on Tuesday, April 21st. They set an “underperform” rating on the stock. Stephens reiterated an “overweight” rating and issued a $130.00 price objective on shares of Itron in a research report on Wednesday, May 20th. Roth Mkm reissued a “buy” rating and set a $136.00 price objective on shares of Itron in a report on Wednesday, April 29th. Oppenheimer upped their target price on shares of Itron from $133.00 to $135.00 and gave the company an “outperform” rating in a research report on Thursday, April 16th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Itron in a research note on Friday, May 8th.

Itron Stock Performance

ITRI stock opened at $85.11 on Monday. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.66 and a quick ratio of 2.24. The company has a 50 day moving average price of $82.68 and a 200 day moving average price of $90.94. Itron has a fifty-two week low of $77.77 and a fifty-two week high of $142.00. The stock has a market capitalization of $3.77 billion, a PE ratio of 13.57, a price-to-earnings-growth ratio of 0.75 and a beta of 1.32.

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

Insider Activity at Itron

In other Itron news, CFO Joan S. Hooper sold 442 shares of the company’s stock in a transaction on 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 in the company, valued at approximately $9,911,618.86. The trade was a 0.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Donald L. Reeves III sold 319 shares of the stock in a transaction on 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 transaction, the senior vice president directly owned 29,100 shares in the company, valued at approximately $2,455,167. This trade represents a 1.08% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 3,946 shares of company stock worth $324,420 over the last ninety days. Company insiders own 1.77% of the company’s stock.

Institutional Investors Weigh In On Itron

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC boosted its holdings in 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 buying an additional 81 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Itron by 29.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 443 shares of the scientific and technical instruments company’s stock valued at $41,000 after acquiring an additional 101 shares during the last quarter. Xponance Inc. raised its position in shares of Itron by 3.2% in the 3rd quarter. Xponance Inc. now owns 3,757 shares of the scientific and technical instruments company’s stock valued at $468,000 after acquiring an additional 115 shares during the period. Impact Partnership Wealth LLC raised its position in shares of Itron by 4.7% in the 1st quarter. Impact Partnership Wealth LLC now owns 2,661 shares of the scientific and technical instruments company’s stock valued at $239,000 after acquiring an additional 119 shares during the period. Finally, Xponance LLC boosted its stake in Itron by 3.2% during the 4th quarter. Xponance LLC now owns 3,877 shares of the scientific and technical instruments company’s stock worth $360,000 after acquiring an additional 120 shares during the last quarter. Institutional investors own 96.19% of the company’s stock.

Itron Company 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.