5,797 Shares in ITT Inc. $ITT Acquired by Fideuram Asset Management Ireland dac

Fideuram Asset Management Ireland dac acquired a new position in shares of ITT Inc. (NYSE:ITT) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,797 shares of the conglomerate’s stock, valued at approximately $1,006,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Capital International Investors increased its position in ITT by 0.5% during the 3rd quarter. Capital International Investors now owns 8,538,229 shares of the conglomerate’s stock worth $1,526,281,000 after purchasing an additional 38,433 shares in the last quarter. Vanguard Group Inc. increased its position in ITT by 7.9% during the 4th quarter. Vanguard Group Inc. now owns 8,460,467 shares of the conglomerate’s stock worth $1,467,976,000 after purchasing an additional 620,217 shares in the last quarter. Geode Capital Management LLC increased its position in ITT by 15.6% during the 4th 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 in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in 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 purchasing an additional 1,515,695 shares in the last quarter. Finally, Alliancebernstein L.P. increased its position in ITT by 11.2% during the 3rd quarter. Alliancebernstein L.P. now owns 1,188,219 shares of the conglomerate’s stock worth $212,406,000 after purchasing an additional 119,601 shares in the last quarter. 91.59% of the stock is currently owned by institutional investors and hedge funds.

ITT News Summary

Here are the key news stories impacting ITT this week:

• Positive Sentiment: Zacks Research raised forward-looking optimism on ITT by issuing estimates for FY2027 EPS of $9.03 and FY2028 EPS of $10.59, both above the current full-year consensus of $7.91, signaling expectations for strong multi-year earnings growth.
• Positive Sentiment: The firm’s near-term estimates remain close to consensus, with FY2026 EPS estimated at $7.88 versus the $7.91 consensus, suggesting analysts still see ITT largely tracking expectations this year while longer-term growth accelerates.
• Neutral Sentiment: Zacks Research also published quarterly estimates for 2026-2028, including Q2 2026 EPS of $1.93, Q3 2026 EPS of $1.97, and Q4 2026 EPS of $1.99, reinforcing a steady earnings trajectory rather than a major near-term surprise.
• Neutral Sentiment: A separate article compared ITT’s stock performance with other conglomerate peers, which may support relative-strength interest, but it did not announce any new company-specific catalyst.

ITT Trading Up 0.9%

ITT opened at $195.17 on Friday. ITT Inc. has a fifty-two week low of $147.63 and a fifty-two week high of $225.26. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.53 and a quick ratio of 1.01. The firm has a market capitalization of $17.45 billion, a price-to-earnings ratio of 34.42, a PEG ratio of 1.83 and a beta of 1.32. The company’s 50 day moving average price is $202.96 and its two-hundred day moving average price is $191.90.

ITT (NYSE:ITT) last posted its earnings results on Wednesday, May 6th. The conglomerate reported $1.98 earnings per share for the quarter, topping analysts’ consensus estimates of $1.77 by $0.21. ITT had a net margin of 10.80% and a return on equity of 16.83%. The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same period in the previous year, the firm posted $1.45 EPS. The company’s revenue for the quarter was up 32.7% compared to the same quarter last year. ITT has set its FY 2026 guidance at 7.700-8.000 EPS. As a group, research analysts predict that ITT Inc. will post 7.9 earnings per share for the current year.

ITT Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 6th. Shareholders of record on Monday, June 8th will be issued a dividend of $0.386 per share. This represents a $1.54 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Monday, June 8th. ITT’s payout ratio is presently 27.16%.

Insiders Place Their Bets

In other ITT news, insider Lori B. Marino sold 7,123 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $208.27, for a total transaction of $1,483,507.21. Following the sale, the insider directly owned 8,729 shares of the company’s stock, valued at $1,817,988.83. The trade was a 44.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Mesa Graziano Cheryl De sold 200 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $208.41, for a total transaction of $41,682.00. Following the sale, the chief accounting officer directly owned 7,859 shares in the company, valued at $1,637,894.19. The trade was a 2.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 70,773 shares of company stock valued at $13,624,470 in the last ninety days. 0.88% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms recently issued reports on ITT. Barclays upped their price objective on shares of ITT from $210.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. Robert W. Baird set a $246.00 price objective on shares of ITT in a research report on Thursday, May 7th. The Goldman Sachs Group began coverage on shares of ITT in a research report on Tuesday, March 31st. They set a “buy” rating and a $270.00 price objective for the company. BMO Capital Markets assumed coverage on shares of ITT in a research report on Friday, March 27th. They set an “outperform” rating and a $233.00 price objective for the company. Finally, Weiss Ratings lowered shares of ITT from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, May 13th. Ten investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $234.91.

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.