Itron (NASDAQ:ITRI) SVP Laurie Ann Pulatie-Hahn Sells 187 Shares

Itron, Inc. (NASDAQ:ITRI) SVP Laurie Ann Pulatie-Hahn sold 187 shares of Itron stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $97.83, for a total transaction of $18,294.21. Following the transaction, the senior vice president directly owned 32,108 shares of the company’s stock, valued at $3,141,125.64. The trade was a 0.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Laurie Ann Pulatie-Hahn also recently made the following trade(s):

• On Tuesday, May 26th, Laurie Ann Pulatie-Hahn sold 174 shares of Itron stock. The stock was sold at an average price of $84.37, for a total transaction of $14,680.38.

Itron Trading Down 0.9%

NASDAQ:ITRI traded down $0.91 during mid-day trading on Monday, hitting $99.12. 34,560 shares of the stock traded hands, compared to its average volume of 879,535. The company has a quick ratio of 2.29, a current ratio of 2.75 and a debt-to-equity ratio of 0.96. Itron, Inc. has a 52 week low of $77.77 and a 52 week high of $142.00. The stock has a market capitalization of $4.34 billion, a price-to-earnings ratio of 16.55, a PEG ratio of 1.20 and a beta of 1.30. The firm’s 50 day moving average is $90.52 and its two-hundred day moving average is $90.11.

Itron (NASDAQ:ITRI) last announced its quarterly earnings data on Tuesday, July 28th. The scientific and technical instruments company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.29 by $0.30. The business had revenue of $562.90 million during the quarter, compared to the consensus estimate of $566.34 million. Itron had a net margin of 11.90% and a return on equity of 19.26%. The firm’s quarterly revenue was down 7.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.62 earnings per share. Itron has set its Q3 2026 guidance at 1.500-1.600 EPS and its FY 2026 guidance at 6.300-6.500 EPS. On average, equities research analysts predict that Itron, Inc. will post 6.4 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in ITRI. EverSource Wealth Advisors LLC lifted its holdings in Itron by 25.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 401 shares of the scientific and technical instruments company’s stock worth $53,000 after buying an additional 81 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Itron by 29.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 443 shares of the scientific and technical instruments company’s stock worth $41,000 after acquiring an additional 101 shares in the last quarter. Impact Partnership Wealth LLC lifted its stake in Itron by 4.7% during the first quarter. Impact Partnership Wealth LLC now owns 2,661 shares of the scientific and technical instruments company’s stock worth $239,000 after purchasing an additional 119 shares during the last quarter. Xponance LLC boosted its holdings in Itron by 3.2% in the fourth quarter. Xponance LLC now owns 3,877 shares of the scientific and technical instruments company’s stock valued at $360,000 after purchasing an additional 120 shares in the last quarter. Finally, Maryland State Retirement & Pension System increased its stake in Itron by 2.2% in the fourth quarter. Maryland State Retirement & Pension System now owns 6,718 shares of the scientific and technical instruments company’s stock valued at $624,000 after purchasing an additional 146 shares during the last quarter. 96.19% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on ITRI shares. Weiss Ratings reissued a “hold (c)” rating on shares of Itron in a research note on Wednesday, August 5th. TD Cowen decreased their price target on shares of Itron from $145.00 to $130.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Roth Capital reaffirmed a “buy” rating and set a $136.00 target price on shares of Itron in a research report on Wednesday, April 29th. Stephens reiterated an “overweight” rating and issued a $130.00 target price on shares of Itron in a report on Wednesday, May 20th. Finally, Seaport Research Partners restated a “buy” rating and set a $150.00 price target on shares of Itron in a research note on Wednesday, July 29th. Eight analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $131.33.

About Itron

Itron, Inc (NASDAQ: ITRI) is a global technology company that develops innovative solutions to measure, manage and analyze the use of energy and water. Its comprehensive portfolio includes smart meters, data collection devices, communication networks and advanced software applications designed to optimize utility operations and foster sustainable resource management. The company’s offerings enable utilities and cities to accurately monitor consumption patterns, streamline billing processes and improve grid reliability.

Itron’s product lineup spans a range of hardware and software solutions, from residential and commercial smart meters to meter data management systems (MDMS), networked communication platforms and analytics tools.