Brokers Offer Predictions for ITT’s Q2 Earnings (NYSE:ITT)

ITT Inc. (NYSE:ITTFree Report) – Analysts at Zacks Research lifted their Q2 2026 earnings per share (EPS) estimates for ITT in a research note issued to investors on Monday, January 19th. Zacks Research analyst Team now expects that the conglomerate will earn $1.70 per share for the quarter, up from their prior forecast of $1.69. The consensus estimate for ITT’s current full-year earnings is $6.51 per share. Zacks Research also issued estimates for ITT’s Q3 2026 earnings at $1.71 EPS, FY2026 earnings at $7.12 EPS, Q2 2027 earnings at $1.94 EPS, Q4 2027 earnings at $2.27 EPS and FY2027 earnings at $8.31 EPS.

Several other brokerages also recently commented on ITT. Wall Street Zen downgraded shares of ITT from a “buy” rating to a “hold” rating in a research report on Monday. TD Cowen reaffirmed a “buy” rating on shares of ITT in a report on Thursday, October 2nd. DA Davidson reissued a “buy” rating and set a $215.00 price target on shares of ITT in a report on Monday, December 8th. Weiss Ratings restated a “buy (b)” rating on shares of ITT in a research report on Wednesday, October 8th. Finally, Citigroup upped their price objective on ITT from $207.00 to $225.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Nine equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of $207.13.

Read Our Latest Stock Analysis on ITT

ITT Price Performance

Shares of NYSE:ITT opened at $185.65 on Tuesday. The company has a market capitalization of $15.97 billion, a P/E ratio of 30.84, a P/E/G ratio of 1.62 and a beta of 1.37. ITT has a 1-year low of $105.64 and a 1-year high of $197.07. The firm’s 50 day simple moving average is $179.07 and its two-hundred day simple moving average is $174.59. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.52 and a quick ratio of 1.05.

ITT (NYSE:ITTGet Free Report) last posted its quarterly earnings data on Wednesday, October 29th. The conglomerate reported $1.78 earnings per share for the quarter, beating analysts’ consensus estimates of $1.67 by $0.11. The firm had revenue of $999.10 million for the quarter, compared to analysts’ expectations of $973.69 million. ITT had a return on equity of 18.96% and a net margin of 12.67%.The business’s quarterly revenue was up 12.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.46 EPS. ITT has set its FY 2025 guidance at 6.620-6.680 EPS.

Institutional Investors Weigh In On ITT

Large investors have recently bought and sold shares of the business. Amundi lifted its position in ITT by 22,565.6% during the first quarter. Amundi now owns 7,253 shares of the conglomerate’s stock valued at $867,000 after purchasing an additional 7,221 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of ITT by 7.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 418,238 shares of the conglomerate’s stock valued at $54,020,000 after buying an additional 28,937 shares in the last quarter. Empowered Funds LLC bought a new position in shares of ITT in the 1st quarter valued at about $360,000. Focus Partners Wealth grew its position in ITT by 80.7% in the first quarter. Focus Partners Wealth now owns 7,871 shares of the conglomerate’s stock worth $1,017,000 after acquiring an additional 3,515 shares in the last quarter. Finally, Voya Investment Management LLC grew its position in ITT by 4.7% in the first quarter. Voya Investment Management LLC now owns 12,792 shares of the conglomerate’s stock worth $1,652,000 after acquiring an additional 573 shares in the last quarter. Institutional investors own 91.59% of the company’s stock.

Insider Activity

In other news, CAO Mesa Graziano Cheryl De sold 238 shares of ITT stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $183.08, for a total value of $43,573.04. Following the sale, the chief accounting officer directly owned 5,062 shares of the company’s stock, valued at approximately $926,750.96. The trade was a 4.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Emmanuel Caprais sold 5,500 shares of the stock in a transaction that occurred 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 transaction, the chief financial officer directly owned 36,830 shares of the company’s stock, valued at approximately $6,822,020.90. The trade was a 12.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.47% of the company’s stock.

ITT Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 1st were given a dividend of $0.351 per share. The ex-dividend date was Monday, December 1st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 0.8%. ITT’s dividend payout ratio (DPR) is presently 23.26%.

About ITT

(Get Free Report)

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.

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Earnings History and Estimates for ITT (NYSE:ITT)

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