Zacks Research Has Optimistic Outlook of ITT Q2 Earnings

ITT Inc. (NYSE:ITT) – Research analysts at Zacks Research upped their Q2 2026 earnings estimates for ITT in a note issued to investors on Wednesday, February 25th. Zacks Research analyst Team now forecasts that the conglomerate will post earnings of $1.71 per share for the quarter, up from their prior estimate of $1.70. 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 $1.75 EPS, Q4 2026 earnings at $1.89 EPS, Q1 2027 earnings at $1.85 EPS, Q3 2027 earnings at $2.11 EPS and FY2028 earnings at $9.11 EPS.

ITT (NYSE:ITT) last announced its quarterly earnings data on Thursday, February 5th. The conglomerate reported $1.85 EPS for the quarter, beating analysts’ consensus estimates of $1.79 by $0.06. The firm 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 business’s quarterly revenue was up 13.5% compared to the same quarter last year. During the same period last year, the company earned $1.50 EPS. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS.

Other equities analysts have also issued reports about the company. Wall Street Zen lowered ITT from a “buy” rating to a “hold” rating in a research report on Sunday, February 22nd. Weiss Ratings reiterated a “buy (b)” rating on shares of ITT in a report on Thursday, January 22nd. DA Davidson set a $245.00 price target on ITT in a report on Monday, February 9th. Robert W. Baird set a $222.00 price target on shares of ITT in a report on Friday, February 6th. Finally, Stifel Nicolaus raised their price objective on shares of ITT from $218.00 to $228.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Nine analysts have rated the stock with a Buy rating, Based on data from MarketBeat, ITT presently has a consensus rating of “Buy” and an average target price of $216.11.

ITT Trading Down 2.4%

ITT opened at $203.94 on Friday. The firm has a 50 day simple moving average of $188.04 and a 200 day simple moving average of $180.87. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.58 and a quick ratio of 2.07. The company has a market cap of $17.54 billion, a price-to-earnings ratio of 33.38, a price-to-earnings-growth ratio of 1.93 and a beta of 1.37. ITT has a fifty-two week low of $105.64 and a fifty-two week high of $209.70.

ITT Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 6th. Shareholders of record on Friday, March 6th will be given a dividend of $0.386 per share. This represents a $1.54 annualized dividend and a yield of 0.8%. This is a boost from ITT’s previous quarterly dividend of $0.35. The ex-dividend date is Friday, March 6th. ITT’s dividend payout ratio (DPR) is 22.91%.

Institutional Trading of ITT

A number of hedge funds and other institutional investors have recently modified their holdings of ITT. Capital International Investors raised its holdings in ITT by 3.0% in the 4th quarter. Capital International Investors now owns 8,797,165 shares of the conglomerate’s stock valued at $1,526,421,000 after buying an additional 258,936 shares during the last quarter. Vanguard Group Inc. increased its position in ITT by 7.9% in the 4th quarter. Vanguard Group Inc. now owns 8,460,467 shares of the conglomerate’s stock valued at $1,467,976,000 after buying an additional 620,217 shares in the last quarter. State Street Corp raised its stake in ITT by 7.4% during the 4th quarter. State Street Corp now owns 2,546,710 shares of the conglomerate’s stock worth $441,880,000 after buying an additional 175,367 shares during the period. Geode Capital Management LLC raised its position in shares of ITT by 15.6% during the fourth quarter. Geode Capital Management LLC now owns 1,614,929 shares of the conglomerate’s stock worth $280,267,000 after purchasing an additional 217,360 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of ITT by 55,929.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,518,405 shares of the conglomerate’s stock worth $263,458,000 after purchasing an additional 1,515,695 shares in the last quarter. Institutional investors own 91.59% of the company’s stock.

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.