Thrivent Financial for Lutherans cut its holdings in shares of ITT Inc. (NYSE:ITT – Free Report) by 38.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 39,138 shares of the conglomerate’s stock after selling 24,276 shares during the quarter. Thrivent Financial for Lutherans’ holdings in ITT were worth $6,996,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of ITT. True Wealth Design LLC lifted its stake in ITT by 219.2% in the 3rd quarter. True Wealth Design LLC now owns 166 shares of the conglomerate’s stock worth $30,000 after purchasing an additional 114 shares in the last quarter. Financial Gravity Companies Inc. purchased a new position in ITT during the second quarter worth approximately $27,000. Quent Capital LLC acquired a new position in ITT during the third quarter worth $37,000. Atlantic Union Bankshares Corp purchased a new stake in ITT in the 2nd quarter valued at $34,000. Finally, MTM Investment Management LLC acquired a new stake in shares of ITT in the 2nd quarter worth $39,000. Hedge funds and other institutional investors own 91.59% of the company’s stock.
Analyst Ratings Changes
Several research firms have recently commented on ITT. Wall Street Zen lowered ITT from a “buy” rating to a “hold” rating in a report on Monday, January 19th. KeyCorp raised their price objective on shares of ITT from $200.00 to $215.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of ITT in a report on Thursday, January 22nd. Stifel Nicolaus dropped their price target on shares of ITT from $225.00 to $218.00 and set a “buy” rating for the company in a research note on Friday, January 23rd. Finally, Citigroup raised their price target on shares of ITT from $207.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Nine investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $206.25.
ITT Trading Up 9.1%
NYSE ITT opened at $202.07 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.52 and a quick ratio of 1.05. The stock has a market capitalization of $17.39 billion, a P/E ratio of 33.57, a PEG ratio of 1.67 and a beta of 1.37. The firm’s 50-day moving average is $179.73 and its two-hundred day moving average is $176.57. ITT Inc. has a 12 month low of $105.64 and a 12 month high of $205.71.
ITT (NYSE:ITT – Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The conglomerate reported $1.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.79 by $0.06. ITT had a net margin of 12.67% and a return on equity of 18.96%. The business had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same period in the previous year, the firm earned $1.50 EPS. The business’s revenue was up 13.5% on a year-over-year basis. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. On average, sell-side analysts anticipate that ITT Inc. will post 6.51 earnings per share for the current year.
ITT Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, April 6th. Shareholders of record on Friday, March 6th will be paid a dividend of $0.386 per share. This represents a $1.54 dividend on an annualized basis and a yield of 0.8%. This is a positive change from ITT’s previous quarterly dividend of $0.35. The ex-dividend date is Friday, March 6th. ITT’s payout ratio is currently 23.26%.
Trending Headlines about ITT
Here are the key news stories impacting ITT this week:
- Positive Sentiment: Q4 results beat expectations — adjusted EPS $1.85 (vs. ~ $1.79 est.) and revenue $1.05B, up ~13.5% year-over-year, showing broad-based end-market strength and better-than-expected top-line execution. Read More.
- Positive Sentiment: Upgraded near-term outlook — ITT guided Q1 FY2026 EPS to $1.680–$1.72 (above consensus ~ $1.64) and set revenue roughly in-line/above street expectations, implying sequential EPS growth and continued momentum into the new fiscal year. Read More.
- Positive Sentiment: SPX FLOW integration driving margin upside — management is targeting synergy gains and has outlined at least ~50 basis points of margin expansion for 2026, which supports higher operating leverage if execution continues. Read More.
- Positive Sentiment: Dividend increase — ITT raised the quarterly dividend by 10% to $0.386/share (annualized yield ~0.8%), a signal of confidence in cash flow and a modest upside for income-focused investors. (Company announcement)
- Neutral Sentiment: Analyst sentiment and price targets supportive — multiple recent buy ratings and a median analyst target around ~$212.5 suggest upside from current levels but also reflect expectations already priced in by some investors. Read More.
- Negative Sentiment: Insider selling — recent senior executive share sales (including CEO) have been reported, which can be viewed as a mild negative signal for near-term insider conviction. Read More.
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.
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