ITT (NYSE:ITT) Announces Earnings Results, Beats Estimates By $0.21 EPS

ITT (NYSE:ITT) issued its quarterly earnings data on Wednesday. The conglomerate reported $1.98 EPS for the quarter, topping the consensus estimate of $1.77 by $0.21, Zacks reports. ITT had a net margin of 12.39% and a return on equity of 17.74%. During the same period last year, the firm earned $1.45 earnings per share. The firm’s revenue for the quarter was up 32.7% on a year-over-year basis. ITT updated its FY 2026 guidance to 7.700-8.000 EPS.

Here are the key takeaways from ITT’s conference call:

• ITT reported a strong Q1 with orders +26% (8% organic), revenue +33% (11% organic), 130 bps of margin expansion, and adjusted EPS +25%, with book-to-bill of 1.09.
• The SPX Flow acquisition closed on March 2 and created the new Flow Technologies segment (~$3B revenue); management says SPX produced immediate net earnings, early cash accretion and is on track for the planned $80M cost synergies (about one-third in year one).
• Management initiated FY adjusted EPS guidance of $7.70–$8.00 (midpoint +9%) with total revenue growth guided to 37% (5% organic) and free cash flow of roughly $560M (10–11% margin).
• The SPX deal added leverage and near-term financial headwinds—~$2.9B of debt, higher interest expense (management cited roughly +$30M/quarter) plus a higher combined tax rate (~24.9%) and dilution from equity consideration, which will temper SPX’s net EPS contribution in the near term.
• CFO Emmanuel Caprais will depart (advisory role through June) with an interim CFO appointed, a leadership change that management says will be supported to ensure a smooth transition.

ITT Stock Up 3.3%

Shares of ITT traded up $6.97 during trading hours on Wednesday, hitting $219.66. The company had a trading volume of 683,591 shares, compared to its average volume of 930,849. The firm has a fifty day moving average price of $200.94 and a 200-day moving average price of $189.57. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.07 and a current ratio of 2.58. The stock has a market capitalization of $19.64 billion, a price-to-earnings ratio of 35.94, a P/E/G ratio of 1.97 and a beta of 1.32. ITT has a 52-week low of $140.43 and a 52-week high of $225.26.

ITT Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 6th. Stockholders of record on Friday, March 6th were issued a dividend of $0.386 per share. The ex-dividend date was Friday, March 6th. This is a boost from ITT’s previous quarterly dividend of $0.35. This represents a $1.54 annualized dividend and a dividend yield of 0.7%. ITT’s dividend payout ratio is 25.20%.

Analyst Ratings Changes

ITT has been the topic of several research reports. Wall Street Zen upgraded ITT from a “hold” rating to a “buy” rating in a research report on Monday, March 2nd. DA Davidson set a $245.00 target price on shares of ITT in a report on Monday, February 9th. BMO Capital Markets initiated coverage on shares of ITT in a research report on Friday, March 27th. They issued an “outperform” rating and a $233.00 target price on the stock. Stifel Nicolaus increased their price target on shares of ITT from $218.00 to $228.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Finally, Citigroup boosted their price objective on shares of ITT from $225.00 to $243.00 and gave the stock a “buy” rating in a research note on Monday, February 9th. Ten equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $225.55.

More ITT News

Here are the key news stories impacting ITT this week:

• Positive Sentiment: Q1 beat on EPS and revenue — ITT reported adjusted EPS of $1.98 vs. consensus ~ $1.77 and revenue of ~$1.212B, a ~33% year‑over‑year increase. The beat and strong top‑line growth support multiple expansion and investor confidence. ITT (NYSE:ITT) Beats Q1 CY2026 Sales Expectations
• Positive Sentiment: Company introduces FY2026 outlook after closing SPX FLOW — management provided an EPS range of $7.70–$8.00 and tied results to the SPX FLOW acquisition; investors are pricing in expected forward earnings accretion from the deal. ITT Reports 2026 First Quarter Earnings … Introducing Full Year Outlook
• Positive Sentiment: Analyst and market writeups highlight the beat — quick coverage from Zacks, Quiver and MarketBeat confirms the upside to consensus and draws attention to margin and ROE metrics that support re‑rating. ITT (ITT) Q1 Earnings and Revenues Beat Estimates
• Neutral Sentiment: FY guidance is roughly in line with Street expectations — ITT set FY26 EPS guidance of $7.70–$8.00 vs. a consensus of ~7.78; range contains the consensus but leaves limited upside surprise visibility. MarketBeat: ITT stock summary and guidance
• Neutral Sentiment: Materials for investors available — company released a press deck and replay of the call (useful for modeling but not an immediate catalyst). Q1 press release / slide deck
• Negative Sentiment: Recent insider selling — filings show CEO and other insiders sold shares in the past six months, which can be interpreted negatively by some investors even if for diversification or liquidity reasons. Quiver: ITT Releases Q1 2026 Earnings (insider activity noted)

Insider Buying and Selling

In related news, CEO Luca Savi sold 63,450 shares of the stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $190.69, for a total transaction of $12,099,280.50. Following the sale, the chief executive officer directly owned 262,354 shares of the company’s stock, valued at approximately $50,028,284.26. This represents a 19.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.88% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Prelude Capital Management LLC purchased a new position in ITT in the 3rd quarter worth approximately $276,000. First Citizens Bank & Trust Co. increased its holdings in shares of ITT by 9.1% in the 4th quarter. First Citizens Bank & Trust Co. now owns 1,318 shares of the conglomerate’s stock worth $229,000 after purchasing an additional 110 shares in the last quarter. CIBC Private Wealth Group LLC raised its stake in shares of ITT by 45.7% in the third quarter. CIBC Private Wealth Group LLC now owns 1,269 shares of the conglomerate’s stock worth $227,000 after purchasing an additional 398 shares during the last quarter. Integrated Wealth Concepts LLC bought a new position in shares of ITT during the fourth quarter valued at $207,000. Finally, Bridgefront Capital LLC bought a new position in shares of ITT during the fourth quarter valued at $204,000. Institutional investors own 91.59% of the company’s stock.

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.