Wall Street Zen has downgraded shares of ITT Inc. (NYSE: ITT) from a buy rating to a hold rating, as indicated in a research note released to investors on Sunday. This decision comes amidst a mixed outlook from other financial institutions. Several firms have recently adjusted their price targets for ITT, reflecting varying degrees of confidence in its future performance.
Analysts Adjust Price Targets
On February 9, Citigroup raised its price target for ITT from $225.00 to $243.00, maintaining a “buy” rating. Similarly, Stifel Nicolaus increased their price objective from $218.00 to $228.00, also affirming a “buy” rating in a report dated February 6. DA Davidson set a target price of $245.00 for the shares on the same day, while KeyCorp lifted their target from $215.00 to $230.00, giving the stock an “overweight” designation. Robert W. Baird also set its price target at $222.00.
Currently, nine equity research analysts have rated ITT with a Buy rating. According to data from MarketBeat, the company holds an average rating of “Buy” with a consensus target price of $216.11.
Strong Quarterly Performance and Dividend Increase
ITT released its quarterly earnings on February 5, reporting earnings per share (EPS) of $1.85, surpassing analysts’ expectations of $1.79 by $0.06. The company achieved a return on equity of 17.74% and a net margin of 12.39%. Revenue for the quarter reached $1.05 billion, exceeding the consensus estimate of $1.01 billion. Compared to the same period last year, ITT’s revenue increased by 13.5%.
Looking ahead, ITT has set its guidance for Q1 2026 at an EPS range of $1.680 to $1.72. Analysts predict that ITT will report an EPS of $6.51 for the current fiscal year.
Additionally, ITT has announced a quarterly dividend of $0.386 per share, which will be paid on April 6, 2026, to shareholders of record as of March 6, 2026. This dividend reflects an annualized payout of $1.54 and a yield of 0.7%, marking an increase from the previous dividend of $0.35. The ex-dividend date is also set for March 6, 2026, and the company’s dividend payout ratio stands at 22.91%.
Institutional Investment Trends
Recent activities among institutional investors and hedge funds indicate growing interest in ITT. Financial Gravity Companies Inc. acquired a new stake in ITT valued at approximately $27,000 during the second quarter. Elyxium Wealth LLC also purchased a new stake in the fourth quarter, valued at around $29,000.
True Wealth Design LLC significantly increased its position in ITT by 219.2% during the third quarter, now holding 166 shares worth approximately $30,000 after adding 114 shares in the previous quarter. Atlantic Union Bankshares Corp. and Parkside Financial Bank & Trust also made notable investments, with the latter increasing its stake by 62.8% in the fourth quarter.
Currently, institutional investors and hedge funds own 91.59% of ITT’s stock, underscoring the company’s strong appeal among larger financial stakeholders.
ITT Inc. is a diversified industrial manufacturing company specializing in mission-critical components and systems for global markets. Its operations are organized into three segments: Motion Technologies, Connect & Control Technologies, and Fluid & Motion Control. These segments support essential applications in aerospace, defense, transportation, energy, and industrial automation, reflecting ITT’s commitment to delivering high-performance products in demanding environments.
