ITT (NYSE:ITT) Issues Quarterly Earnings Results

ITT (NYSE:ITT) released its quarterly earnings results on Wednesday. The conglomerate reported $2.26 EPS for the quarter, beating analysts’ consensus estimates of $2.08 by $0.18, FiscalAI reports. ITT had a net margin of 8.90% and a return on equity of 15.90%. The company had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.42 billion. During the same quarter last year, the firm posted $1.78 earnings per share. The company’s quarterly revenue was up 44.2% compared to the same quarter last year.

ITT Stock Performance

ITT stock traded down $5.50 on Thursday, reaching $195.53. 2,206,487 shares of the company were exchanged, compared to its average volume of 888,844. ITT has a 12 month low of $166.96 and a 12 month high of $230.32. The stock’s fifty day moving average price is $201.49 and its 200 day moving average price is $199.15. The firm has a market capitalization of $17.48 billion, a PE ratio of 38.34, a PEG ratio of 1.68 and a beta of 1.25. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.26 and a quick ratio of 0.85.

ITT Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Friday, December 4th will be paid a $0.3860 dividend. The ex-dividend date is Friday, December 4th. This represents a $1.54 annualized dividend and a dividend yield of 0.8%. ITT’s dividend payout ratio (DPR) is presently 30.20%.

Analysts Set New Price Targets

ITT has been the topic of a number of research analyst reports. Wolfe Research initiated coverage on shares of ITT in a research note on Tuesday, September 15th. They issued an “outperform” rating and a $272.00 target price on the stock. BMO Capital Markets reissued an “outperform” rating and set a $273.00 target price on shares of ITT in a research report on Friday, August 7th. DA Davidson boosted their target price on shares of ITT from $255.00 to $265.00 and gave the stock a “buy” rating in a research report on Tuesday, August 11th. Weiss Ratings cut shares of ITT from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, October 23rd. Finally, Citigroup lifted their price objective on ITT from $254.00 to $267.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Eight investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, ITT currently has an average rating of “Moderate Buy” and a consensus price target of $260.22.

Insiders Place Their Bets

In other ITT news, CAO Graziano De sold 700 shares of the 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 $1,535,891.86. This represents a 8.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Luca Savi purchased 5,019 shares of the firm’s stock in a transaction on Monday, August 31st. The stock was bought at an average price of $199.56 per share, for a total transaction of $1,001,591.64. Following the completion of the transaction, the chief executive officer directly owned 267,373 shares in the company, valued at approximately $53,356,955.88. The trade was a 1.91% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.88% of the stock is owned by corporate insiders.

Key ITT News

Here are the key news stories impacting ITT this week:

• Positive Sentiment: ITT reported third-quarter adjusted EPS of $2.26, ahead of estimates of roughly $2.07–$2.10, and revenue of about $1.44 billion, also above forecasts. Revenue increased 44.2% year over year. The company raised its full-year EPS guidance. ITT Lifts Guidance As 3Q Revenue Grows, Despite Lower Profit
• Positive Sentiment: ITT declared a quarterly dividend of $0.386 per share, equivalent to about $1.54 annually and a yield of approximately 0.8%. ITT dividend announcement
• Neutral Sentiment: The company’s earnings call transcript was published, offering further detail on management’s outlook and quarterly performance. ITT Q3 2026 Earnings Call Transcript
• Negative Sentiment: Reported GAAP EPS was $1.38, notably below adjusted EPS of $2.26; coverage also characterized profit as lower, a potential counterpoint to the adjusted earnings beat and raised outlook. ITT Reports Third Quarter 2026 EPS

About ITT

ITT Inc (NYSE: ITT) is a global industrial manufacturer that designs and produces highly engineered components and technology solutions for transportation, industrial, energy, aerospace, defense and other specialized markets. The company serves original equipment manufacturers, distributors and end users through operations in North America, Europe, Asia and other international markets.

ITT operates through three primary business segments. Motion Technologies develops brake pads, shock absorbers, sealing products and other engineered components used in automotive, rail and related transportation applications.