Vanguard Group Inc. Has $731.81 Million Holdings in Itron, Inc. $ITRI

Vanguard Group Inc. grew its position in shares of Itron, Inc. (NASDAQ:ITRI) by 2.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,875,153 shares of the scientific and technical instruments company’s stock after acquiring an additional 132,329 shares during the quarter. Vanguard Group Inc. owned about 12.83% of Itron worth $731,809,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Twin Peaks Wealth Advisors LLC acquired a new stake in Itron in the 2nd quarter valued at $30,000. Bessemer Group Inc. raised its holdings in Itron by 125.7% during the second quarter. Bessemer Group Inc. now owns 255 shares of the scientific and technical instruments company’s stock worth $34,000 after buying an additional 142 shares during the last quarter. Salomon & Ludwin LLC bought a new position in shares of Itron in the third quarter valued at $42,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Itron by 343.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 346 shares of the scientific and technical instruments company’s stock valued at $46,000 after buying an additional 268 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in shares of Itron by 25.3% during the second quarter. EverSource Wealth Advisors LLC now owns 401 shares of the scientific and technical instruments company’s stock worth $53,000 after acquiring an additional 81 shares in the last quarter. 96.19% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on ITRI shares. Johnson Rice upgraded shares of Itron from an “accumulate” rating to a “buy” rating and set a $130.00 target price on the stock in a report on Monday, January 5th. Wall Street Zen downgraded shares of Itron from a “buy” rating to a “hold” rating in a report on Wednesday, January 14th. Oppenheimer upped their target price on shares of Itron from $125.00 to $133.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 18th. Stephens raised shares of Itron from an “equal weight” rating to an “overweight” rating and set a $130.00 price target on the stock in a research report on Monday, November 3rd. Finally, Guggenheim set a $155.00 price target on shares of Itron in a report on Friday, February 13th. Eight equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Itron currently has an average rating of “Moderate Buy” and a consensus target price of $137.90.

Insider Activity at Itron

In related news, SVP Christopher E. Ware sold 4,486 shares of the business’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $99.54, for a total value of $446,536.44. Following the sale, the senior vice president directly owned 31,806 shares in the company, valued at approximately $3,165,969.24. The trade was a 12.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP John F. Marcolini sold 6,948 shares of the company’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $99.54, for a total transaction of $691,603.92. Following the sale, the senior vice president directly owned 26,912 shares in the company, valued at approximately $2,678,820.48. This trade represents a 20.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 47,128 shares of company stock worth $4,695,811 in the last three months. Corporate insiders own 1.45% of the company’s stock.

Itron Trading Down 4.4%

Shares of ITRI stock opened at $95.21 on Tuesday. The company has a quick ratio of 1.56, a current ratio of 1.80 and a debt-to-equity ratio of 0.45. The firm has a market cap of $4.28 billion, a P/E ratio of 14.63, a PEG ratio of 0.86 and a beta of 1.48. The company has a 50 day moving average of $97.72 and a 200-day moving average of $109.72. Itron, Inc. has a 12-month low of $88.57 and a 12-month high of $142.00.

Itron (NASDAQ:ITRI) last posted its quarterly earnings data on Tuesday, February 17th. The scientific and technical instruments company reported $2.46 EPS for the quarter, beating the consensus estimate of $2.19 by $0.27. Itron had a return on equity of 20.04% and a net margin of 12.72%.The business had revenue of $571.66 million for the quarter, compared to the consensus estimate of $561.31 million. During the same quarter in the prior year, the business earned $1.35 earnings per share. Itron’s revenue for the quarter was down 6.7% on a year-over-year basis. Itron has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 5.750-6.250 EPS. Sell-side analysts anticipate that Itron, Inc. will post 5.33 earnings per share for the current year.

Itron News Summary

Here are the key news stories impacting Itron this week:

• Positive Sentiment: Itron reported a Q4 earnings beat and gave Q1/FY2026 EPS guidance that supports continued profitability; strong EPS and guidance are a clear fundamental positive for the stock. 5 Insightful Analyst Questions From Itron’s Q4 Earnings Call
• Neutral Sentiment: Itron priced an upsized $700M 0.00% convertible senior notes offering due 2032; management says proceeds will fund $100M of concurrent repurchases, repay existing convertibles and general corporate needs, and capped-call hedges were arranged to limit dilution — these steps improve liquidity and reduce coupon burden but create conversion-related complexity. Itron Prices Upsized $700.0 Million 0.00% Convertible Senior Notes Offering
• Negative Sentiment: Clustered insider selling across senior leadership (multiple SVPs, the CFO and CAO) — filings show significant, concentrated sales around Feb. 19–20. Large, coordinated insider exits can signal cashing in and put near-term supply pressure on the stock. Wave of Insider Moves as Itron’s Top Brass Cash In on Company Stock

Itron Company 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.