Investment Analysts’ Recent Ratings Updates for ITT (ITT)

Several brokerages have updated their recommendations and price targets on shares of ITT (NYSE: ITT) in the last few weeks:

• 2/13/2025 – ITT was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 2/7/2025 – ITT had its price target raised by analysts at UBS Group AG from $165.00 to $168.00. They now have a “buy” rating on the stock.
• 2/5/2025 – ITT was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 1/28/2025 – ITT was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 1/24/2025 – ITT had its price target lowered by analysts at Stifel Nicolaus from $180.00 to $179.00. They now have a “buy” rating on the stock.
• 1/21/2025 – ITT had its price target raised by analysts at KeyCorp from $164.00 to $170.00. They now have an “overweight” rating on the stock.
• 1/14/2025 – ITT was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 1/13/2025 – ITT had its price target lowered by analysts at Citigroup Inc. from $183.00 to $181.00. They now have a “buy” rating on the stock.
• 12/25/2024 – ITT was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 12/17/2024 – ITT was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.

ITT Trading Up 1.7 %

NYSE ITT opened at $147.81 on Friday. ITT Inc. has a 12 month low of $120.48 and a 12 month high of $161.13. The company has a current ratio of 1.40, a quick ratio of 1.09 and a debt-to-equity ratio of 0.08. The stock’s fifty day moving average price is $147.05 and its 200-day moving average price is $145.02. The stock has a market cap of $12.05 billion, a P/E ratio of 23.46, a P/E/G ratio of 1.80 and a beta of 1.41.

ITT (NYSE:ITT) last issued its earnings results on Thursday, February 6th. The conglomerate reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.48 by $0.02. ITT had a net margin of 14.27% and a return on equity of 18.03%. As a group, equities analysts forecast that ITT Inc. will post 6.33 EPS for the current fiscal year.

ITT Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 6th will be issued a $0.351 dividend. This represents a $1.40 annualized dividend and a yield of 0.95%. This is an increase from ITT’s previous quarterly dividend of $0.32. The ex-dividend date is Thursday, March 6th. ITT’s dividend payout ratio (DPR) is presently 20.32%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in ITT. Capital Performance Advisors LLP purchased a new stake in ITT during the third quarter valued at $26,000. Rialto Wealth Management LLC bought a new stake in ITT during the fourth quarter valued at approximately $26,000. Resources Management Corp CT ADV purchased a new stake in ITT during the third quarter valued at approximately $30,000. ORG Wealth Partners LLC bought a new position in ITT in the fourth quarter worth approximately $30,000. Finally, Whipplewood Advisors LLC bought a new stake in shares of ITT during the 4th quarter valued at $34,000. 91.59% of the stock is owned by hedge funds and other institutional investors.

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.