ITT Inc. $ITT Shares Acquired by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH raised its stake in shares of ITT Inc. (NYSE:ITT) by 14.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 44,719 shares of the conglomerate’s stock after purchasing an additional 5,562 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in ITT were worth $7,759,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in ITT. iSAM Funds UK Ltd acquired a new position in shares of ITT in the third quarter valued at approximately $2,113,000. Chesapeake Capital Corp IL acquired a new position in shares of ITT in the third quarter valued at approximately $1,125,000. Brown Brothers Harriman & Co. grew its holdings in shares of ITT by 86,878.2% in the third quarter. Brown Brothers Harriman & Co. now owns 267,893 shares of the conglomerate’s stock valued at $47,889,000 after purchasing an additional 267,585 shares in the last quarter. Mawer Investment Management Ltd. grew its holdings in shares of ITT by 23.6% in the third quarter. Mawer Investment Management Ltd. now owns 402,919 shares of the conglomerate’s stock valued at $72,026,000 after purchasing an additional 76,841 shares in the last quarter. Finally, Regents Gate Capital LLP acquired a new position in shares of ITT in the third quarter valued at approximately $9,381,000. 91.59% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on ITT shares. Robert W. Baird set a $222.00 price objective on shares of ITT in a report on Friday, February 6th. Stifel Nicolaus boosted their price target on shares of ITT from $218.00 to $228.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Wall Street Zen upgraded shares of ITT from a “hold” rating to a “buy” rating in a report on Monday, March 2nd. DA Davidson set a $245.00 price target on shares of ITT in a report on Monday, February 9th. Finally, Citigroup boosted their price target on shares of ITT from $225.00 to $243.00 and gave the stock a “buy” rating in a report on Monday, February 9th. Ten equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, ITT has a consensus rating of “Moderate Buy” and a consensus price target of $225.55.

ITT Stock Down 0.8%

Shares of NYSE:ITT opened at $216.97 on Tuesday. The company has a market capitalization of $19.40 billion, a PE ratio of 35.51, a P/E/G ratio of 2.06 and a beta of 1.32. The company has a current ratio of 2.58, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13. ITT Inc. has a twelve month low of $132.92 and a twelve month high of $224.12. The firm has a 50 day simple moving average of $200.29 and a 200-day simple moving average of $188.40.

ITT (NYSE:ITT) last issued its quarterly earnings data 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. The business had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.01 billion. ITT had a net margin of 12.39% and a return on equity of 17.74%. The company’s revenue was up 13.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.50 EPS. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. On average, equities analysts predict that ITT Inc. will post 7.9 EPS for the current fiscal year.

ITT Increases Dividend

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

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 transaction of $12,099,280.50. Following the completion of the sale, the chief executive officer owned 262,354 shares in the company, valued at approximately $50,028,284.26. The trade was a 19.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.88% of the company’s stock.

ITT 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.