Zacks Research Weighs in on ITT’s FY2026 Earnings (NYSE:ITT)

ITT Inc. (NYSE:ITT) – Stock analysts at Zacks Research upped their FY2026 earnings estimates for ITT in a report issued on Tuesday, November 19th. Zacks Research analyst R. Department now anticipates that the conglomerate will post earnings per share of $7.04 for the year, up from their prior forecast of $7.01. The consensus estimate for ITT’s current full-year earnings is $5.84 per share.

ITT (NYSE:ITT) last issued its quarterly earnings data on Tuesday, October 29th. The conglomerate reported $1.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.43 by $0.03. The firm had revenue of $885.20 million during the quarter, compared to analysts’ expectations of $884.50 million. ITT had a net margin of 13.67% and a return on equity of 17.98%. The business’s revenue was up 7.7% on a year-over-year basis. During the same period last year, the company earned $1.37 earnings per share.

Several other research analysts have also recently weighed in on the stock. The Goldman Sachs Group boosted their price target on shares of ITT from $150.00 to $166.00 and gave the stock a “buy” rating in a report on Thursday, October 10th. Robert W. Baird cut their price target on shares of ITT from $165.00 to $163.00 and set an “outperform” rating on the stock in a report on Wednesday, October 30th. TD Cowen boosted their price target on shares of ITT from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Stifel Nicolaus boosted their price target on shares of ITT from $157.00 to $167.00 and gave the stock a “buy” rating in a report on Wednesday, October 16th. Finally, KeyCorp boosted their price target on shares of ITT from $155.00 to $164.00 and gave the stock an “overweight” rating in a report on Monday, October 14th. Nine equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $161.88.

ITT Stock Up 2.1 %

ITT stock opened at $155.46 on Friday. ITT has a fifty-two week low of $107.01 and a fifty-two week high of $156.00. The stock has a market cap of $12.67 billion, a PE ratio of 26.53, a price-to-earnings-growth ratio of 1.98 and a beta of 1.41. The firm’s 50-day simple moving average is $147.82 and its 200 day simple moving average is $138.49. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.09 and a current ratio of 1.58.

ITT Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, November 29th will be given a $0.319 dividend. This represents a $1.28 annualized dividend and a dividend yield of 0.82%. The ex-dividend date of this dividend is Friday, November 29th. ITT’s dividend payout ratio (DPR) is currently 21.84%.

Institutional Trading of ITT

Hedge funds and other institutional investors have recently modified their holdings of the business. Capital Performance Advisors LLP bought a new stake in shares of ITT in the third quarter valued at approximately $26,000. Lynx Investment Advisory bought a new stake in shares of ITT in the second quarter valued at approximately $27,000. Resources Management Corp CT ADV bought a new stake in shares of ITT in the third quarter valued at approximately $30,000. Headlands Technologies LLC bought a new stake in shares of ITT in the second quarter valued at approximately $32,000. Finally, UMB Bank n.a. raised its position in shares of ITT by 315.8% in the third quarter. UMB Bank n.a. now owns 237 shares of the conglomerate’s stock valued at $35,000 after purchasing an additional 180 shares during the period. Institutional investors own 91.59% of the company’s stock.

ITT Company Profile

ITT Inc, together with its subsidiaries, manufactures and sells engineered critical components and customized technology solutions for the transportation, industrial, and energy markets in the United States and internationally. The Motion Technologies segment manufactures brake pads, shims, shock absorbers, and energy absorption components; and sealing technologies primarily for the transportation industry, including passenger cars, trucks, light- and heavy-duty commercial and military vehicles, buses, and trains.