ITT (NYSE:ITT) Updates FY 2026 Earnings Guidance

ITT (NYSE:ITT) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 8.120-8.320 for the period, compared to the consensus EPS estimate of 7.920. The company issued revenue guidance of -.

ITT Trading Down 0.4%

Shares of ITT stock traded down $0.91 during trading hours on Friday, hitting $213.50. 813,905 shares of the company were exchanged, compared to its average volume of 1,042,230. The company has a 50 day simple moving average of $194.15 and a two-hundred day simple moving average of $197.01. The firm has a market cap of $19.09 billion, a P/E ratio of 41.86, a P/E/G ratio of 1.94 and a beta of 1.27. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.01 and a current ratio of 1.26. ITT has a fifty-two week low of $164.00 and a fifty-two week high of $230.32.

ITT (NYSE:ITT) last posted its quarterly earnings results on Thursday, August 6th. The conglomerate reported $2.08 EPS for the quarter, topping analysts’ consensus estimates of $1.92 by $0.16. The business 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%. The business’s quarterly revenue was up 51.5% on a year-over-year basis. During the same period last year, the company posted $1.64 earnings per share. ITT has set its FY 2026 guidance at 8.120-8.320 EPS. Equities analysts anticipate that ITT will post 8.22 EPS for the current year.

ITT Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, October 5th. Shareholders of record on Tuesday, September 8th will be issued a $0.386 dividend. The ex-dividend date is Tuesday, September 8th. This represents a $1.54 annualized dividend and a yield of 0.7%. ITT’s dividend payout ratio is presently 27.16%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on ITT. KeyCorp increased their target price on ITT from $250.00 to $263.00 and gave the stock an “overweight” rating in a report on Friday. Citigroup boosted their price target on shares of ITT from $254.00 to $267.00 and gave the company a “buy” rating in a research note on Friday. Wall Street Zen downgraded shares of ITT from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. DA Davidson lifted their price objective on shares of ITT from $245.00 to $255.00 and gave the company a “buy” rating in a report on Monday, May 11th. Finally, Stifel Nicolaus boosted their target price on shares of ITT from $246.00 to $250.00 and gave the stock a “buy” rating in a research report on Monday, July 20th. Eleven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $240.25.

ITT News Roundup

Here are the key news stories impacting ITT this week:

• Positive Sentiment: ITT reported second-quarter adjusted EPS of $2.08, ahead of the $1.92–$1.93 analyst consensus, while revenue rose approximately 51% year over year to $1.47 billion, exceeding estimates. ITT Q2 Earnings Beat Estimates on Broad-Based Organic Growth
• Positive Sentiment: Organic revenue and orders both grew 13%, while total orders increased 53%. Strength in aerospace and defense, commercial aerospace, rail, pump projects and the Friction business supported the quarter. ITT Reports Second-Quarter Results and Raises Guidance
• Positive Sentiment: Management raised 2026 adjusted EPS guidance to $8.12–$8.32, or $8.22 at the midpoint, from $7.70–$8.00, above the roughly $7.92 consensus. The company also increased its organic revenue-growth outlook to 5%–8% from 4%–6% and raised expectations for revenue, margins and cash flow. ITT Raises 2026 Guidance
• Positive Sentiment: The SPX FLOW acquisition drove substantial sales growth, and management said integration, cost synergies and debt repayment are progressing ahead of plan, potentially improving future profitability and leverage. ITT Q2 Deep Dive
• Neutral Sentiment: ITT declared a quarterly dividend of $0.386 per share, payable October 5 to shareholders of record September 8. The approximately 0.7% yield adds shareholder support but is unlikely to be the primary stock catalyst.
• Negative Sentiment: SPX FLOW integration is contributing to margin dilution despite improving synergies, leaving execution and profitability risks as investors assess the acquisition-led growth strategy. ITT insiders have also reported only open-market sales—not purchases—in recent months.

Hedge Funds Weigh In On ITT

Hedge funds and other institutional investors have recently modified their holdings of the business. Findlay Park Partners LLP lifted its stake in ITT by 63.2% in the fourth quarter. Findlay Park Partners LLP now owns 1,230,902 shares of the conglomerate’s stock valued at $213,574,000 after purchasing an additional 476,702 shares during the last quarter. Ghisallo Capital Management LLC purchased a new position in shares of ITT during the 4th quarter valued at $78,080,000. Burkehill Global Management LP bought a new position in shares of ITT during the 4th quarter worth $60,728,000. Soros Fund Management LLC bought a new position in shares of ITT during the 4th quarter worth $57,152,000. Finally, AQR Capital Management LLC increased its holdings in ITT by 52.9% in the 4th quarter. AQR Capital Management LLC now owns 925,931 shares of the conglomerate’s stock worth $160,658,000 after acquiring an additional 320,493 shares during the last quarter. Hedge funds and other 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.