ITT Inc. (NYSE:ITT) Receives Consensus Recommendation of “Buy” from Analysts

ITT Inc. (NYSE:ITT) has been given a consensus rating of “Buy” by the nine brokerages that are covering the firm, Marketbeat Ratings reports. Nine research analysts have rated the stock with a buy rating. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $216.1111.

Several equities analysts have recently issued reports on ITT shares. Citigroup lifted their price objective on ITT from $225.00 to $243.00 and gave the company a “buy” rating in a research note on Monday, February 9th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of ITT in a report on Thursday, January 22nd. DA Davidson set a $245.00 price target on shares of ITT in a report on Monday, February 9th. KeyCorp increased their price objective on shares of ITT from $215.00 to $230.00 and gave the company an “overweight” rating in a research report on Friday, February 6th. Finally, Robert W. Baird set a $222.00 price objective on shares of ITT in a research report on Friday, February 6th.

Institutional Trading of ITT

A number of hedge funds and other institutional investors have recently made changes to their positions in ITT. Amundi boosted its position in shares of ITT by 22,565.6% in the 1st 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 period. Goldman Sachs Group Inc. boosted its holdings in shares of ITT by 7.4% in the first quarter. Goldman Sachs Group Inc. now owns 418,238 shares of the conglomerate’s stock valued at $54,020,000 after acquiring an additional 28,937 shares during the period. Empowered Funds LLC purchased a new position in shares of ITT during the first quarter worth approximately $360,000. Focus Partners Wealth increased its holdings in shares of ITT by 80.7% in the 1st quarter. Focus Partners Wealth now owns 7,871 shares of the conglomerate’s stock valued at $1,017,000 after acquiring an additional 3,515 shares during the period. Finally, DAVENPORT & Co LLC purchased a new stake in ITT in the 2nd quarter valued at $221,000. Institutional investors and hedge funds own 91.59% of the company’s stock.

ITT Price Performance

Shares of ITT opened at $203.55 on Monday. The company has a market cap of $17.51 billion, a P/E ratio of 33.31, a PEG ratio of 1.89 and a beta of 1.37. ITT has a fifty-two week low of $105.64 and a fifty-two week high of $207.98. The company has a quick ratio of 2.07, a current ratio of 2.58 and a debt-to-equity ratio of 0.13. The firm’s 50 day moving average price is $182.16 and its 200 day moving average price is $178.59.

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

ITT Increases Dividend

The business 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 $0.386 dividend. This is an increase from ITT’s previous quarterly dividend of $0.35. This represents a $1.54 annualized dividend and a yield of 0.8%. The ex-dividend date is Friday, March 6th. ITT’s payout ratio is currently 22.91%.

ITT Company 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.