ITT Inc. $ITT Shares Sold by TimesSquare Capital Management LLC

TimesSquare Capital Management LLC decreased its holdings in ITT Inc. (NYSE:ITT) by 5.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 205,500 shares of the conglomerate’s stock after selling 13,000 shares during the period. TimesSquare Capital Management LLC owned about 0.26% of ITT worth $36,735,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the company. Eagle Bluffs Wealth Management LLC grew its position in shares of ITT by 0.9% in the 3rd quarter. Eagle Bluffs Wealth Management LLC now owns 18,518 shares of the conglomerate’s stock valued at $3,310,000 after buying an additional 158 shares during the last quarter. Assetmark Inc. raised its position in ITT by 10.9% during the 3rd quarter. Assetmark Inc. now owns 558 shares of the conglomerate’s stock worth $100,000 after buying an additional 55 shares during the last quarter. Illinois Municipal Retirement Fund lifted its position in ITT by 89.9% in the third quarter. Illinois Municipal Retirement Fund now owns 5,795 shares of the conglomerate’s stock valued at $1,036,000 after purchasing an additional 2,743 shares during the period. Savvy Advisors Inc. purchased a new stake in shares of ITT in the third quarter valued at approximately $345,000. Finally, Caprock Group LLC acquired a new position in shares of ITT during the 3rd quarter worth $398,000. 91.59% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. DA Davidson set a $245.00 price objective on ITT in a report on Monday, February 9th. Robert W. Baird set a $222.00 price objective on ITT in a research report on Friday, February 6th. Wall Street Zen raised ITT from a “hold” rating to a “buy” rating in a research report on Saturday. Stifel Nicolaus increased their target price on shares of ITT from $218.00 to $228.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Finally, Citigroup increased their price objective on shares of ITT from $225.00 to $243.00 and gave the company a “buy” rating in a research report on Monday, February 9th. Nine analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $216.11.

ITT Stock Up 2.2%

NYSE ITT opened at $203.55 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.58 and a quick ratio of 2.07. The company has a market capitalization of $17.51 billion, a P/E ratio of 33.31, a PEG ratio of 1.89 and a beta of 1.37. The company’s 50 day simple moving average is $182.16 and its 200 day simple moving average is $178.45. ITT Inc. has a 12 month low of $105.64 and a 12 month high of $207.98.

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

ITT Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 6th. Shareholders of record on Friday, March 6th will be given a dividend of $0.386 per share. This represents a $1.54 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Friday, March 6th. This is a boost from ITT’s previous quarterly dividend of $0.35. ITT’s dividend payout ratio is currently 25.20%.

ITT 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.