Systematic Financial Management LP Sells 14,201 Shares of Itron, Inc. $ITRI

Systematic Financial Management LP cut its position in shares of Itron, Inc. (NASDAQ:ITRI) by 11.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 110,798 shares of the scientific and technical instruments company’s stock after selling 14,201 shares during the period. Systematic Financial Management LP’s holdings in Itron were worth $10,289,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of ITRI. Private Trust Co. NA raised its position in Itron by 112.4% during the 4th quarter. Private Trust Co. NA now owns 274 shares of the scientific and technical instruments company’s stock valued at $25,000 after purchasing an additional 145 shares in the last quarter. Employees Retirement System of Texas bought a new stake in Itron during the 3rd quarter valued at $32,000. Optiver Holding B.V. bought a new stake in Itron during the 3rd quarter valued at $36,000. Aster Capital Management DIFC Ltd bought a new stake in Itron during the 3rd quarter valued at $44,000. Finally, Northwestern Mutual Wealth Management Co. raised its position in Itron by 343.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 346 shares of the scientific and technical instruments company’s stock valued at $46,000 after purchasing an additional 268 shares in the last quarter. 96.19% of the stock is owned by institutional investors.

Insider Buying and Selling at Itron

In related news, CFO Joan S. Hooper sold 3,533 shares of the business’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $95.92, for a total transaction of $338,885.36. Following the transaction, the chief financial officer directly owned 118,275 shares in the company, valued at $11,344,938. The trade was a 2.90% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Donald L. Reeves III sold 519 shares of the business’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $97.84, for a total value of $50,778.96. Following the transaction, the senior vice president owned 29,951 shares in the company, valued at approximately $2,930,405.84. This trade represents a 1.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 5,963 shares of company stock worth $542,353. 1.77% of the stock is owned by company insiders.

Key Itron News

Here are the key news stories impacting Itron this week:

• Positive Sentiment: Stephens reiterated an Overweight rating on Itron and kept a $130 price target, signaling substantial upside versus recent trading levels.
• Neutral Sentiment: Several Itron executives sold small amounts of stock, but the filings say the shares were sold mainly to cover tax withholding tied to equity award vesting, which makes the insider activity look routine rather than a major red flag.
• Negative Sentiment: Zacks Research cut multiple future earnings estimates for Itron, including a sharp reduction to Q4 2027 EPS and a lower FY2027 outlook, suggesting softer profit growth ahead.

Itron Stock Performance

ITRI opened at $83.02 on Monday. The firm has a market cap of $3.68 billion, a price-to-earnings ratio of 13.24, a PEG ratio of 0.73 and a beta of 1.35. The company has a current ratio of 2.66, a quick ratio of 2.24 and a debt-to-equity ratio of 0.97. Itron, Inc. has a 12 month low of $77.77 and a 12 month high of $142.00. The stock has a fifty day moving average price of $88.45 and a 200-day moving average price of $94.43.

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

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ITRI. TD Cowen decreased their target price on Itron from $145.00 to $130.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Needham & Company LLC started coverage on Itron in a research report on Friday, March 6th. They issued a “buy” rating and a $124.00 price target for the company. Stephens reissued an “overweight” rating and issued a $130.00 price target on shares of Itron in a research report on Wednesday, May 20th. Oppenheimer boosted their price target on Itron from $133.00 to $135.00 and gave the stock an “outperform” rating in a research report on Thursday, April 16th. Finally, Raymond James Financial started coverage on Itron in a research report on Tuesday, April 21st. They issued an “underperform” rating for the company. Eight investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $131.22.

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.