ITT (ITT) Projected to Announce Quarterly Earnings on Thursday

ITT (NYSE:ITTGet Free Report) is expected to issue its Q2 2026 results before the market opens on Thursday, August 6th. Analysts expect the company to post earnings of $1.92 per share and revenue of $1.3890 billion for the quarter. ITT has set its FY 2026 guidance at 7.700-8.000 EPS. Parties may visit the the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, August 6, 2026 at 8:30 AM ET.

ITT (NYSE:ITTGet Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The conglomerate reported $1.98 earnings per share for the quarter, beating analysts’ consensus estimates of $1.77 by $0.21. ITT had a return on equity of 16.83% and a net margin of 10.80%.The company had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.12 billion. During the same quarter last year, the company earned $1.45 EPS. The firm’s revenue for the quarter was up 32.7% on a year-over-year basis. On average, analysts expect ITT to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

ITT Trading Up 1.2%

ITT stock opened at $198.34 on Tuesday. ITT has a 12 month low of $163.30 and a 12 month high of $225.26. The company has a market capitalization of $17.73 billion, a price-to-earnings ratio of 34.98, a price-to-earnings-growth ratio of 1.85 and a beta of 1.27. The business’s fifty day simple moving average is $193.13 and its two-hundred day simple moving average is $196.36. The company has a current ratio of 1.53, a quick ratio of 1.01 and a debt-to-equity ratio of 0.71.

ITT Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Monday, June 8th were given 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 was Monday, June 8th. ITT’s payout ratio is currently 27.16%.

Insider Buying and Selling at ITT

In related news, CAO Mesa Graziano Cheryl De sold 200 shares of ITT stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $208.41, for a total value of $41,682.00. Following the completion of the sale, the chief accounting officer directly owned 7,859 shares in the company, valued at approximately $1,637,894.19. This trade represents a 2.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Lori B. Marino sold 7,123 shares of ITT stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $208.27, for a total value of $1,483,507.21. Following the completion of the sale, the insider owned 8,729 shares of the company’s stock, valued at $1,817,988.83. The trade was a 44.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.88% of the stock is owned by insiders.

Institutional Trading of ITT

A number of institutional investors have recently made changes to their positions in ITT. Quarry LP bought a new position in shares of ITT in the 4th quarter worth approximately $130,000. Greenline Wealth Management LLC bought a new stake in ITT during the fourth quarter valued at approximately $172,000. Bridgefront Capital LLC bought a new stake in ITT during the fourth quarter valued at approximately $204,000. Integrated Wealth Concepts LLC purchased a new stake in ITT during the fourth quarter valued at approximately $207,000. Finally, Advisory Services Network LLC purchased a new stake in ITT during the third quarter valued at approximately $164,000. Hedge funds and other institutional investors own 91.59% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Wall Street Zen cut shares of ITT from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Wolfe Research upgraded shares of ITT from a “peer perform” rating to an “outperform” rating and set a $229.00 price objective for the company in a research note on Thursday, July 9th. Weiss Ratings cut shares of ITT from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, May 13th. Robert W. Baird set a $246.00 target price on shares of ITT in a research note on Thursday, May 7th. Finally, Citigroup increased their price target on shares of ITT from $252.00 to $254.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Eleven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $234.75.

Get Our Latest Stock Analysis on ITT

About ITT

(Get Free Report)

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.

Featured Stories

Earnings History for ITT (NYSE:ITT)

Receive News & Ratings for ITT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ITT and related companies with MarketBeat.com's FREE daily email newsletter.