Zacks Research Comments on ITT's Q2 Earnings (NYSE:ITT)

ITT Inc. (NYSE:ITT - Free Report) - Analysts at Zacks Research cut their Q2 2025 earnings per share (EPS) estimates for ITT in a research note issued on Thursday, February 27th. Zacks Research analyst R. Department now forecasts that the conglomerate will post earnings of $1.59 per share for the quarter, down from their prior forecast of $1.60. The consensus estimate for ITT's current full-year earnings is $6.51 per share. Zacks Research also issued estimates for ITT's Q4 2025 earnings at $1.74 EPS, Q1 2026 earnings at $1.67 EPS, Q2 2026 earnings at $1.71 EPS, Q4 2026 earnings at $1.97 EPS, FY2026 earnings at $7.13 EPS and FY2027 earnings at $7.96 EPS.

ITT (NYSE:ITT - Get Free Report) last issued its earnings results on Thursday, February 6th. The conglomerate reported $1.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.48 by $0.02. ITT had a return on equity of 18.03% and a net margin of 14.27%.

ITT has been the topic of a number of other reports. Wolfe Research assumed coverage on shares of ITT in a research report on Wednesday, December 11th. They set a "peer perform" rating on the stock. Stifel Nicolaus decreased their target price on ITT from $180.00 to $179.00 and set a "buy" rating for the company in a research note on Friday, January 24th. StockNews.com raised ITT from a "hold" rating to a "buy" rating in a research report on Thursday, February 13th. UBS Group upped their target price on shares of ITT from $165.00 to $168.00 and gave the stock a "buy" rating in a research note on Friday, February 7th. Finally, KeyCorp increased their target price on ITT from $164.00 to $170.00 and gave the stock an "overweight" rating in a report on Tuesday, January 21st. One equities research analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, ITT presently has an average rating of "Moderate Buy" and a consensus target price of $168.38.

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ITT Trading Down 1.1 %

ITT stock traded down $1.51 during midday trading on Monday, hitting $137.50. 442,144 shares of the stock were exchanged, compared to its average volume of 422,566. ITT has a 52 week low of $121.01 and a 52 week high of $161.13. The company has a quick ratio of 0.96, a current ratio of 1.40 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $11.19 billion, a PE ratio of 21.83, a P/E/G ratio of 1.89 and a beta of 1.42. The company has a fifty day simple moving average of $145.45 and a two-hundred day simple moving average of $145.95.

Hedge Funds Weigh In On ITT

Institutional investors have recently added to or reduced their stakes in the company. Eagle Asset Management Inc. acquired a new position in shares of ITT during the 3rd quarter worth about $67,503,000. International Assets Investment Management LLC increased its position in ITT by 16,832.5% during the third quarter. International Assets Investment Management LLC now owns 14,054 shares of the conglomerate's stock worth $2,101,000 after buying an additional 13,971 shares during the last quarter. Algert Global LLC raised its stake in ITT by 101.2% in the third quarter. Algert Global LLC now owns 18,034 shares of the conglomerate's stock valued at $2,696,000 after buying an additional 9,070 shares during the period. Pier 88 Investment Partners LLC lifted its position in shares of ITT by 268.1% in the third quarter. Pier 88 Investment Partners LLC now owns 27,830 shares of the conglomerate's stock valued at $4,161,000 after buying an additional 20,270 shares during the last quarter. Finally, Vest Financial LLC boosted its stake in shares of ITT by 63.8% during the 4th quarter. Vest Financial LLC now owns 17,004 shares of the conglomerate's stock worth $2,430,000 after acquiring an additional 6,626 shares during the period. 91.59% of the stock is currently owned by institutional investors and hedge funds.

ITT Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 6th will be paid a $0.351 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 1.02%. This is an increase from ITT's previous quarterly dividend of $0.32. The ex-dividend date of this dividend is Thursday, March 6th. ITT's dividend payout ratio (DPR) is currently 22.22%.

About ITT

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.