Equities Analysts Offer Predictions for ITT Q1 Earnings

ITT Inc. (NYSE:ITT) – Equities research analysts at DA Davidson issued their Q1 2025 EPS estimates for shares of ITT in a report issued on Tuesday, February 18th. DA Davidson analyst M. Summerville expects that the conglomerate will post earnings per share of $1.44 for the quarter. The consensus estimate for ITT’s current full-year earnings is $6.39 per share. DA Davidson also issued estimates for ITT’s FY2025 earnings at $7.00 EPS.

Other equities analysts also recently issued research reports about the stock. TD Cowen upped their price objective on shares of ITT from $150.00 to $165.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. StockNews.com raised ITT from a “hold” rating to a “buy” rating in a research note on Thursday, February 13th. Stifel Nicolaus decreased their price objective on ITT from $180.00 to $179.00 and set a “buy” rating on the stock in a report on Friday, January 24th. UBS Group upped their target price on ITT from $165.00 to $168.00 and gave the company a “buy” rating in a research note on Friday, February 7th. Finally, Robert W. Baird decreased their price target on ITT from $165.00 to $163.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 30th. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $168.38.

ITT Price Performance

ITT stock opened at $149.67 on Wednesday. The stock has a market capitalization of $12.18 billion, a P/E ratio of 23.76, a P/E/G ratio of 1.92 and a beta of 1.41. ITT has a 12-month low of $121.01 and a 12-month high of $161.13. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.40 and a quick ratio of 0.96. The firm’s 50-day moving average is $146.60 and its two-hundred day moving average is $145.35.

ITT (NYSE:ITT) last issued its quarterly earnings data on Thursday, February 6th. The conglomerate reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.48 by $0.02. ITT had a return on equity of 18.03% and a net margin of 14.27%.

ITT Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 6th will be paid a $0.351 dividend. This is a positive change from ITT’s previous quarterly dividend of $0.32. This represents a $1.40 annualized dividend and a dividend yield of 0.94%. The ex-dividend date is Thursday, March 6th. ITT’s payout ratio is currently 20.32%.

Institutional Trading of ITT

A number of institutional investors and hedge funds have recently bought and sold shares of ITT. Focus Partners Advisor Solutions LLC acquired a new position in shares of ITT during the 4th quarter valued at $232,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of ITT by 9.2% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 250,467 shares of the conglomerate’s stock worth $35,787,000 after purchasing an additional 21,040 shares in the last quarter. Woodline Partners LP lifted its stake in shares of ITT by 228.9% during the fourth quarter. Woodline Partners LP now owns 117,384 shares of the conglomerate’s stock worth $16,772,000 after purchasing an additional 81,693 shares in the last quarter. iSAM Funds UK Ltd boosted its position in shares of ITT by 40.7% in the fourth quarter. iSAM Funds UK Ltd now owns 4,868 shares of the conglomerate’s stock worth $696,000 after buying an additional 1,407 shares during the period. Finally, Sovereign s Capital Management LLC acquired a new stake in shares of ITT in the fourth quarter valued at about $712,000. Institutional investors and hedge funds 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.