Marshall Financial Group LLC Invests $1.11 Million in ITT Inc. $ITT

Marshall Financial Group LLC acquired a new position in ITT Inc. (NYSE:ITT) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 6,377 shares of the conglomerate’s stock, valued at approximately $1,106,000.

A number of other hedge funds also recently bought and sold shares of the company. True Wealth Design LLC grew its stake in shares of ITT by 219.2% during the 3rd quarter. True Wealth Design LLC now owns 166 shares of the conglomerate’s stock valued at $30,000 after purchasing an additional 114 shares during the period. Quent Capital LLC bought a new position in shares of ITT in the 3rd quarter worth approximately $37,000. Triumph Capital Management purchased a new position in shares of ITT in the third quarter worth approximately $37,000. Measured Wealth Private Client Group LLC purchased a new position in shares of ITT in the third quarter worth approximately $43,000. Finally, Bayforest Capital Ltd bought a new stake in ITT during the third quarter valued at approximately $46,000. Hedge funds and other institutional investors own 91.59% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on ITT. Weiss Ratings reaffirmed a “buy (b)” rating on shares of ITT in a report on Thursday, January 22nd. Robert W. Baird set a $222.00 price objective on shares of ITT in a research report on Friday, February 6th. Stifel Nicolaus upped their price objective on ITT from $218.00 to $228.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Citigroup raised their target price on ITT from $225.00 to $243.00 and gave the stock a “buy” rating in a report on Monday, February 9th. Finally, DA Davidson set a $245.00 target price on ITT in a research report on Monday, February 9th. Nine investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, ITT has an average rating of “Moderate Buy” and an average price target of $216.50.

Insider Buying and Selling

In other ITT news, CEO Luca Savi sold 63,450 shares of the firm’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $190.69, for a total transaction of $12,099,280.50. Following the sale, the chief executive officer directly owned 262,354 shares of the company’s stock, valued at $50,028,284.26. This trade represents a 19.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.47% of the stock is currently owned by corporate insiders.

ITT Price Performance

Shares of NYSE:ITT opened at $183.22 on Monday. The company has a market capitalization of $15.76 billion, a P/E ratio of 29.99, a P/E/G ratio of 1.69 and a beta of 1.34. ITT Inc. has a 1-year low of $105.64 and a 1-year high of $209.70. The firm’s 50 day simple moving average is $192.05 and its two-hundred day simple moving average is $183.40. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.58 and a quick ratio of 2.07.

ITT (NYSE:ITT) last announced its quarterly earnings data on Thursday, February 5th. The conglomerate reported $1.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.79 by $0.06. The firm had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $1.01 billion. ITT had a net margin of 12.39% and a return on equity of 17.74%. The company’s revenue for the quarter was up 13.5% compared to the same quarter last year. During the same period in the prior year, the company posted $1.50 earnings per share. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. Research analysts expect that ITT Inc. will post 6.51 EPS for the current fiscal year.

ITT Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 6th. Shareholders of record on Friday, March 6th will be paid a $0.386 dividend. This represents a $1.54 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Friday, March 6th. This is a boost from ITT’s previous quarterly dividend of $0.35. ITT’s dividend payout ratio (DPR) is currently 25.20%.

About ITT

ITT Inc is a diversified industrial manufacturing company that designs, manufactures and services mission-critical components and systems for global markets. Its engineered solutions support applications in aerospace, defense, transportation, energy and industrial automation. The company focuses on delivering high-performance products that enable reliable fluid handling, precision motion control and robust connectivity in demanding environments.

The company’s operations are organized into three segments: Motion Technologies, which provides precision components and aftermarket repair services for aircraft engines and industrial turbines; Connect & Control Technologies, which offers specialty valves, couplings, seals and proximity sensors for fuel, hydraulics and environmental control systems; and Fluid & Motion Control, which delivers pumps, heat exchangers and fluid management solutions for oil and gas, chemical processing and power generation.