Legal & General Group Plc Has $22.40 Million Position in ITT Inc. $ITT

Legal & General Group Plc decreased its holdings in ITT Inc. (NYSE:ITT) by 7.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 129,090 shares of the conglomerate’s stock after selling 11,077 shares during the quarter. Legal & General Group Plc’s holdings in ITT were worth $22,398,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ITT. Elyxium Wealth LLC acquired a new stake in shares of ITT during the 4th quarter valued at about $29,000. Entrust Financial LLC acquired a new position in ITT in the fourth quarter worth about $36,000. Triumph Capital Management bought a new position in ITT during the third quarter worth about $37,000. Measured Wealth Private Client Group LLC acquired a new stake in ITT during the third quarter valued at approximately $43,000. Finally, Key Financial Inc acquired a new stake in ITT during the third quarter valued at approximately $47,000. 91.59% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on ITT shares. KeyCorp increased their target price on ITT from $230.00 to $250.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Weiss Ratings cut ITT from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, May 13th. Barclays increased their price objective on ITT from $210.00 to $230.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 7th. The Goldman Sachs Group initiated coverage on shares of ITT in a research note on Tuesday, March 31st. They issued a “buy” rating and a $270.00 target price on the stock. Finally, BMO Capital Markets assumed coverage on shares of ITT in a report on Friday, March 27th. They issued an “outperform” rating and a $233.00 target price on the stock. Ten investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $234.91.

ITT Stock Up 0.1%

Shares of ITT opened at $195.17 on Monday. The company has a market capitalization of $17.45 billion, a P/E ratio of 34.42, a PEG ratio of 1.83 and a beta of 1.27. ITT Inc. has a one year low of $147.63 and a one year high of $225.26. The business’s 50 day simple moving average is $202.96 and its 200-day simple moving average is $191.90. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.53 and a quick ratio of 1.01.

ITT (NYSE:ITT) last issued its quarterly earnings data on Wednesday, May 6th. The conglomerate reported $1.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.77 by $0.21. The firm had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.12 billion. ITT had a return on equity of 16.83% and a net margin of 10.80%.The business’s revenue for the quarter was up 32.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.45 EPS. ITT has set its FY 2026 guidance at 7.700-8.000 EPS. As a group, sell-side analysts predict that ITT Inc. will post 7.9 EPS for the current fiscal year.

ITT Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 6th. Shareholders of record on Monday, June 8th will be issued a dividend of $0.386 per share. The ex-dividend date of this dividend is Monday, June 8th. This represents a $1.54 dividend on an annualized basis and a yield of 0.8%. ITT’s dividend payout ratio is currently 27.16%.

More ITT News

Here are the key news stories impacting ITT this week:

• Positive Sentiment: Zacks Research raised forward-looking optimism on ITT by issuing estimates for FY2027 EPS of $9.03 and FY2028 EPS of $10.59, both above the current full-year consensus of $7.91, signaling expectations for strong multi-year earnings growth.
• Positive Sentiment: The firm’s near-term estimates remain close to consensus, with FY2026 EPS estimated at $7.88 versus the $7.91 consensus, suggesting analysts still see ITT largely tracking expectations this year while longer-term growth accelerates.
• Neutral Sentiment: Zacks Research also published quarterly estimates for 2026-2028, including Q2 2026 EPS of $1.93, Q3 2026 EPS of $1.97, and Q4 2026 EPS of $1.99, reinforcing a steady earnings trajectory rather than a major near-term surprise.
• Neutral Sentiment: A separate article compared ITT’s stock performance with other conglomerate peers, which may support relative-strength interest, but it did not announce any new company-specific catalyst.

Insider Buying and Selling at ITT

In other ITT news, CAO Mesa Graziano Cheryl De sold 200 shares of the business’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $208.41, for a total value of $41,682.00. Following the completion of the transaction, the chief accounting officer directly owned 7,859 shares of the company’s stock, valued at approximately $1,637,894.19. The trade was a 2.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Lori B. Marino sold 7,123 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $208.27, for a total transaction of $1,483,507.21. Following the transaction, the insider owned 8,729 shares in the company, valued at $1,817,988.83. The trade was a 44.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 70,773 shares of company stock worth $13,624,470. 0.88% of the stock is currently owned by corporate insiders.

About ITT

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.