Zacks Research Comments on ITT’s FY2026 Earnings (NYSE:ITT)

ITT Inc. (NYSE:ITT) – Research analysts at Zacks Research upped their FY2026 EPS estimates for shares of ITT in a report released on Thursday, August 27th. Zacks Research analyst Team now expects that the conglomerate will post earnings per share of $8.27 for the year, up from their prior forecast of $7.87. The consensus estimate for ITT’s current full-year earnings is $8.25 per share. Zacks Research also issued estimates for ITT’s Q3 2027 earnings at $2.43 EPS, FY2027 earnings at $9.08 EPS, Q1 2028 earnings at $2.47 EPS, Q2 2028 earnings at $2.62 EPS and FY2028 earnings at $10.53 EPS.

A number of other research analysts also recently issued reports on ITT. Stifel Nicolaus raised their price target on ITT from $246.00 to $250.00 and gave the stock a “buy” rating in a research note on Monday, July 20th. Barclays boosted their price objective on ITT from $210.00 to $230.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Robert W. Baird set a $246.00 price objective on ITT in a report on Thursday, May 7th. Citigroup raised their target price on shares of ITT from $254.00 to $267.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Finally, Weiss Ratings cut shares of ITT from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, August 21st. Nine research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $244.82.

ITT Stock Down 3.1%

ITT stock opened at $194.03 on Monday. The company has a market capitalization of $17.35 billion, a P/E ratio of 38.05, a PEG ratio of 1.64 and a beta of 1.27. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.85 and a current ratio of 1.26. ITT has a fifty-two week low of $166.96 and a fifty-two week high of $230.32. The stock has a 50-day simple moving average of $200.19 and a 200-day simple moving average of $199.64.

ITT (NYSE:ITT) last announced its quarterly earnings results on Thursday, August 6th. The conglomerate reported $2.08 earnings per share for the quarter, beating analysts’ consensus estimates of $1.92 by $0.16. The firm had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.39 billion. ITT had a net margin of 8.90% and a return on equity of 15.90%. ITT’s quarterly revenue was up 51.5% compared to the same quarter last year. During the same period in the previous year, the company earned $1.64 earnings per share. ITT has set its FY 2026 guidance at 8.120-8.320 EPS.

ITT Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, October 5th. Stockholders of record on Tuesday, September 8th will be issued a $0.386 dividend. This represents a $1.54 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, September 8th. ITT’s dividend payout ratio (DPR) is currently 30.20%.

Insider Activity at ITT

In other ITT news, CEO Luca Savi bought 5,019 shares of ITT stock in a transaction on Monday, August 31st. The stock was bought at an average price of $199.56 per share, with a total value of $1,001,591.64. Following the completion of the acquisition, the chief executive officer owned 267,373 shares in the company, valued at $53,356,955.88. The trade was a 1.91% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Mesa Graziano Cheryl De sold 700 shares of the firm’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $214.54, for a total value of $150,178.00. Following the completion of the sale, the chief accounting officer directly owned 7,159 shares of the company’s stock, valued at approximately $1,535,891.86. This trade represents a 8.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.88% of the stock is owned by company insiders.

Institutional Trading of ITT

Hedge funds and other institutional investors have recently made changes to their positions in the stock. California State Teachers Retirement System grew its position in ITT by 20,258.6% during the second quarter. California State Teachers Retirement System now owns 20,565,458 shares of the conglomerate’s stock worth $4,067,025,000 after buying an additional 20,464,442 shares during the period. BlackRock Inc. acquired a new stake in shares of ITT during the 2nd quarter valued at approximately $1,715,593,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of ITT by 55,929.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,518,405 shares of the conglomerate’s stock worth $263,458,000 after acquiring an additional 1,515,695 shares in the last quarter. Findlay Park Partners LLP acquired a new stake in shares of ITT in the 2nd quarter worth approximately $276,395,000. Finally, Norges Bank acquired a new stake in shares of ITT in the 4th quarter worth approximately $194,884,000. Institutional investors and hedge funds 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.