ITT Inc. (ITT) To Go Ex-Dividend on March 6th

ITT Inc. (NYSE:ITT) declared a quarterly dividend on Thursday, February 5th. Stockholders of record on Friday, March 6th will be given a dividend of 0.386 per share by the conglomerate on Monday, April 6th. This represents a c) dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, March 6th. This is a 10.0% increase from ITT’s previous quarterly dividend of $0.35.

ITT has increased its dividend payment by an average of 0.2%annually over the last three years and has increased its dividend every year for the last 10 years. ITT has a payout ratio of 21.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect ITT to earn $7.14 per share next year, which means the company should continue to be able to cover its $1.54 annual dividend with an expected future payout ratio of 21.6%.

ITT Stock Performance

Shares of ITT opened at $192.47 on Wednesday. ITT has a 1 year low of $105.64 and a 1 year high of $209.70. The stock has a market capitalization of $16.55 billion, a PE ratio of 31.50, a PEG ratio of 1.84 and a beta of 1.34. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.07 and a current ratio of 2.58. The stock has a 50-day simple moving average of $189.29 and a 200-day simple moving average of $181.69.

ITT (NYSE:ITT) last announced its quarterly earnings results on Thursday, February 5th. The conglomerate reported $1.85 EPS for the quarter, topping the consensus estimate of $1.79 by $0.06. ITT had a net margin of 12.39% and a return on equity of 17.74%. The firm had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same period last year, the business earned $1.50 EPS. ITT’s revenue for the quarter was up 13.5% compared to the same quarter last year. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. On average, analysts predict that ITT will post 6.51 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on ITT. DA Davidson set a $245.00 price target on ITT in a report on Monday, February 9th. Weiss Ratings restated a “buy (b)” rating on shares of ITT in a research report on Thursday, January 22nd. Robert W. Baird set a $222.00 target price on shares of ITT in a research note on Friday, February 6th. Stifel Nicolaus lifted their target price on shares of ITT from $218.00 to $228.00 and gave the company a “buy” rating in a report on Friday, February 6th. Finally, Citigroup lifted their price objective on ITT from $225.00 to $243.00 and gave the company a “buy” rating in a report on Monday, February 9th. Nine equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, ITT presently has an average rating of “Buy” and an average price target of $216.11.

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.