Voya Investment Management LLC Boosts Stock Holdings in ITT Inc. $ITT

Voya Investment Management LLC grew its position in ITT Inc. (NYSE:ITT) by 287.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 127,865 shares of the conglomerate’s stock after acquiring an additional 94,823 shares during the quarter. Voya Investment Management LLC owned about 0.16% of ITT worth $22,857,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Select Equity Group L.P. lifted its holdings in ITT by 4.4% in the 1st quarter. Select Equity Group L.P. now owns 4,765,602 shares of the conglomerate’s stock valued at $615,525,000 after purchasing an additional 200,676 shares in the last quarter. Invesco Ltd. raised its position in shares of ITT by 14.2% in the second quarter. Invesco Ltd. now owns 1,094,750 shares of the conglomerate’s stock valued at $171,690,000 after buying an additional 135,768 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in shares of ITT by 5.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 960,394 shares of the conglomerate’s stock worth $150,619,000 after buying an additional 45,826 shares in the last quarter. Norges Bank acquired a new position in ITT during the second quarter worth about $140,815,000. Finally, Findlay Park Partners LLP grew its stake in ITT by 94.7% during the 1st quarter. Findlay Park Partners LLP now owns 795,600 shares of the conglomerate’s stock valued at $102,760,000 after acquiring an additional 387,000 shares in the last quarter. 91.59% of the stock is currently owned by hedge funds and other institutional investors.

ITT Stock Up 1.6%

Shares of NYSE:ITT opened at $176.42 on Monday. The company has a market capitalization of $15.18 billion, a price-to-earnings ratio of 29.31, a PEG ratio of 2.10 and a beta of 1.37. ITT Inc. has a 12-month low of $105.64 and a 12-month high of $197.07. The business has a 50-day moving average price of $179.72 and a 200 day moving average price of $170.66. The company has a current ratio of 1.52, a quick ratio of 1.05 and a debt-to-equity ratio of 0.22.

ITT (NYSE:ITT) last posted its earnings results on Wednesday, October 29th. The conglomerate reported $1.78 EPS for the quarter, beating analysts’ consensus estimates of $1.67 by $0.11. ITT had a net margin of 12.67% and a return on equity of 18.96%. The company had revenue of $999.10 million for the quarter, compared to analysts’ expectations of $973.69 million. During the same quarter in the prior year, the company posted $1.46 earnings per share. ITT’s revenue for the quarter was up 12.9% compared to the same quarter last year. ITT has set its FY 2025 guidance at 6.620-6.680 EPS. Sell-side analysts expect that ITT Inc. will post 6.51 EPS for the current year.

ITT Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 1st will be given a $0.351 dividend. The ex-dividend date of this dividend is Monday, December 1st. This represents a $1.40 dividend on an annualized basis and a yield of 0.8%. ITT’s payout ratio is presently 23.26%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. TD Cowen raised their target price on shares of ITT from $170.00 to $190.00 and gave the stock a “buy” rating in a research note on Thursday, October 2nd. Bank of America boosted their price objective on ITT from $190.00 to $210.00 and gave the stock a “buy” rating in a research note on Tuesday, September 16th. Stifel Nicolaus set a $225.00 target price on ITT in a research note on Friday, December 5th. DA Davidson reiterated a “buy” rating and set a $215.00 price target on shares of ITT in a report on Monday, December 8th. Finally, Wall Street Zen raised shares of ITT from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Ten investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $207.13.

Key Stores Impacting ITT

Here are the key news stories impacting ITT this week:

• Positive Sentiment: Zacks Research raised near‑term and FY2027 EPS estimates for ITT, nudging quarterly forecasts higher (Q1 and Q3 upgrades) and lifting FY2027 to $8.29 — a modest but constructive revision that improves the company’s earnings trajectory assumptions. Zacks research raises EPS estimates for ITT (MarketBeat)
• Positive Sentiment: ITT announced an acquisition agreement with LSF11 Redwood — a strategic deal that could expand product/service capabilities or aftermarket exposure (company presented it as an acquisition agreement). Investors typically view targeted M&A as a growth/scale catalyst if accretive. ITT Announces Acquisition Agreement with LSF11 Redwood
• Neutral Sentiment: Coverage piece comparing Q3 results across gas and liquid handling peers highlights ITT’s recent quarterly performance versus peers — useful context for investors gauging competitive position but not a direct catalyst by itself. Q3 earnings highlights: ITT vs peers (MSN)
• Neutral Sentiment: Industry/market items included in the feed (sale of the Pittsburgh Penguins and an unrelated corporate name change for a small-cap) are unrelated to ITT’s fundamentals and are unlikely to affect ITT’s stock beyond general market noise. Hoffmann Family to purchase controlling interest in Pittsburgh Penguins Right Season Investments Becomes FutureGen Industries Corp.

Insiders Place Their Bets

In other news, CAO Mesa Graziano Cheryl De sold 238 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $183.08, for a total transaction of $43,573.04. Following the completion of the transaction, the chief accounting officer directly owned 5,062 shares in the company, valued at $926,750.96. This trade represents a 4.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Emmanuel Caprais sold 5,500 shares of the business’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $185.23, for a total value of $1,018,765.00. Following the completion of the sale, the chief financial officer owned 36,830 shares in the company, valued at $6,822,020.90. This represents a 12.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.47% of the stock is 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.