Capital International Investors Boosts Stock Holdings in ITT Inc. $ITT

Capital International Investors raised its holdings in ITT Inc. (NYSE:ITT) by 0.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,538,229 shares of the conglomerate’s stock after purchasing an additional 38,433 shares during the quarter. Capital International Investors owned 0.11% of ITT worth $1,526,281,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. True Wealth Design LLC raised its stake in shares of ITT by 219.2% during the 3rd quarter. True Wealth Design LLC now owns 166 shares of the conglomerate’s stock worth $30,000 after buying an additional 114 shares in the last quarter. Financial Gravity Companies Inc. purchased a new stake in ITT during the second quarter worth about $27,000. Quent Capital LLC acquired a new position in ITT during the third quarter worth about $37,000. Atlantic Union Bankshares Corp purchased a new position in ITT in the second quarter valued at about $34,000. Finally, MTM Investment Management LLC acquired a new stake in shares of ITT during the 2nd quarter valued at approximately $39,000. Institutional investors and hedge funds own 91.59% of the company’s stock.

ITT Price Performance

ITT stock opened at $186.20 on Tuesday. The stock’s 50 day moving average price is $190.27 and its 200 day moving average price is $182.36. The firm has a market cap of $16.01 billion, a P/E ratio of 30.47, a PEG ratio of 1.71 and a beta of 1.34. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.07 and a current ratio of 2.58. ITT Inc. has a 1 year low of $105.64 and a 1 year high of $209.70.

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

ITT Increases Dividend

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

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on ITT shares. Citigroup upped their price target on ITT from $225.00 to $243.00 and gave the stock a “buy” rating in a report on Monday, February 9th. Barclays initiated coverage on ITT in a report on Monday. They set an “equal weight” rating and a $220.00 price objective for the company. DA Davidson set a $245.00 target price on ITT in a report on Monday, February 9th. Wall Street Zen upgraded ITT from a “hold” rating to a “buy” rating in a research report on Monday, March 2nd. Finally, Stifel Nicolaus boosted their price objective 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. Nine analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $216.50.

Insider Buying and Selling at ITT

In other news, CEO Luca Savi sold 63,450 shares of the business’s stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $190.69, for a total value of $12,099,280.50. Following the completion of the transaction, the chief executive officer owned 262,354 shares of the company’s stock, valued at $50,028,284.26. The trade was a 19.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.47% 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.