ITT Inc. $ITT Stock: Jefferies Financial Group Inc. Trims Holdings

Jefferies Financial Group Inc. reduced its holdings in ITT Inc. (NYSE:ITT) by 27.7% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 27,650 shares of the conglomerate’s stock after selling 10,600 shares during the quarter. Jefferies Financial Group Inc.’s holdings in ITT were worth $5,580,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Pension & Wealth Management Advisors Inc. acquired a new position in ITT during the third quarter worth $26,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in ITT in the second quarter worth $28,000. Trust Co. of Vermont acquired a new stake in ITT in the second quarter valued at $33,000. Transamerica Financial Advisors LLC acquired a new stake in ITT in the second quarter valued at $43,000. Finally, Persistent Asset Partners Ltd purchased a new stake in shares of ITT during the 2nd quarter worth $62,000. 91.59% of the stock is currently owned by hedge funds and other institutional investors.

Top ITT Stories

Here are a few of the latest stories about ITT:

• Positive Sentiment: Zacks described ITT as a strong momentum stock, highlighting characteristics that may appeal to momentum-focused investors. Article: Here’s Why ITT (ITT) is a Strong Momentum Stock
• Positive Sentiment: A separate Zacks article said ITT has solid growth attributes that could help it outperform, offering a favorable view of its growth profile. Article: 3 Reasons Why Growth Investors Shouldn’t Overlook ITT (ITT)
• Neutral Sentiment: ITT presented at the Baird 2026 Global Industrial Conference; the available report is a slideshow and provides no specific new development in the supplied summary. Article: ITT Inc. Presents at Baird 2026 Global Industrial Conference

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. Wolfe Research began coverage on shares of ITT in a research note on Tuesday, September 15th. They set an “outperform” rating and a $272.00 price target on the stock. BMO Capital Markets reiterated an “outperform” rating and issued a $273.00 price objective on shares of ITT in a research note on Friday, August 7th. DA Davidson boosted their price objective on shares of ITT from $255.00 to $265.00 and gave the stock a “buy” rating in a report on Tuesday, August 11th. Weiss Ratings raised shares of ITT from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday. Finally, Stifel Nicolaus upped their target price on shares of ITT from $256.00 to $259.00 and gave the stock a “buy” rating in a research report on Monday. Eight investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, ITT currently has an average rating of “Moderate Buy” and a consensus target price of $258.78.

Insider Buying and Selling at ITT

In other ITT news, CEO Luca Savi acquired 5,019 shares of the stock in a transaction that occurred on Monday, August 31st. The shares were purchased at an average cost of $199.56 per share, with a total value of $1,001,591.64. Following the purchase, the chief executive officer 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 purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CAO Graziano De sold 500 shares of the stock in a transaction dated Tuesday, November 10th. The shares were sold at an average price of $214.01, for a total transaction of $107,005.00. Following the completion of the sale, the chief accounting officer directly owned 6,659 shares in the company, valued at approximately $1,425,092.59. The trade was a 6.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.88% of the company’s stock.

ITT Stock Performance

NYSE ITT opened at $214.50 on Friday. The business has a 50 day moving average price of $202.44 and a 200 day moving average price of $199.98. The company has a market capitalization of $19.13 billion, a P/E ratio of 44.14, a PEG ratio of 1.52 and a beta of 1.25. ITT Inc. has a 1-year low of $166.96 and a 1-year high of $230.32. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.29 and a quick ratio of 0.85.

ITT (NYSE:ITT) last posted its earnings results on Wednesday, November 4th. The conglomerate reported $2.26 EPS for the quarter, topping analysts’ consensus estimates of $2.08 by $0.18. The company had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.42 billion. ITT had a return on equity of 15.47% and a net margin of 8.07%. ITT’s quarterly revenue was up 44.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.78 earnings per share. Sell-side analysts expect that ITT Inc. will post 8.60 EPS for the current fiscal year.

ITT Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Friday, December 4th will be given a $0.3860 dividend. The ex-dividend date is Friday, December 4th. This represents a $1.54 dividend on an annualized basis and a dividend yield of 0.7%. ITT’s dividend payout ratio (DPR) is currently 31.69%.

ITT Company Profile

ITT Inc. is a global manufacturer of engineered components and technology serving industrial, transportation, aerospace and defense, and energy markets. Its products include pumps and valves, brake pads and shock absorbers, and specialized connectors and control components. The company operates through three main businesses: Motion Technologies, Industrial Process, and Connect & Control Technologies. These businesses provide products and services used in applications ranging from automotive braking systems and industrial fluid handling to aerospace equipment and energy infrastructure.