ITT (NYSE:ITT) Updates FY 2026 Earnings Guidance

ITT (NYSE:ITT) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 7.700-8.000 for the period, compared to the consensus earnings per share estimate of 7.780. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on ITT shares. DA Davidson set a $245.00 price target on shares of ITT in a report on Monday, February 9th. Citigroup increased their price objective on shares of ITT from $225.00 to $243.00 and gave the stock a “buy” rating in a research note on Monday, February 9th. Weiss Ratings restated a “buy (b)” rating on shares of ITT in a research note on Tuesday, April 21st. Stifel Nicolaus raised their target price on shares of ITT from $218.00 to $228.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Finally, Robert W. Baird set a $222.00 price objective on shares of ITT in a research report on Friday, February 6th. Ten equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, ITT has an average rating of “Moderate Buy” and a consensus price target of $225.55.

ITT Price Performance

Shares of ITT stock traded up $4.52 on Wednesday, reaching $217.21. The company’s stock had a trading volume of 1,319,434 shares, compared to its average volume of 809,331. The stock’s fifty day simple moving average is $201.21 and its 200-day simple moving average is $189.89. ITT has a 1 year low of $140.43 and a 1 year high of $225.26. The company has a current ratio of 2.58, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $19.42 billion, a price-to-earnings ratio of 35.55, a price-to-earnings-growth ratio of 2.00 and a beta of 1.32.

ITT (NYSE:ITT) last issued its earnings results on Wednesday, May 6th. The conglomerate reported $1.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.77 by $0.21. The firm had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.12 billion. ITT had a net margin of 12.39% and a return on equity of 17.74%. The business’s revenue was up 32.7% on a year-over-year basis. During the same period in the previous year, the firm earned $1.45 earnings per share. ITT has set its FY 2026 guidance at 7.700-8.000 EPS. Analysts forecast that ITT will post 7.9 earnings per share for the current fiscal year.

ITT Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, July 6th. Stockholders of record on Monday, June 8th will be paid a dividend of $0.386 per share. This represents a $1.54 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, June 8th. ITT’s payout ratio is currently 25.20%.

Insider Activity

In other news, CEO Luca Savi sold 63,450 shares of the business’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $190.69, for a total transaction of $12,099,280.50. Following the completion of the sale, the chief executive officer directly owned 262,354 shares of the company’s stock, valued at approximately $50,028,284.26. The trade was a 19.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.88% of the company’s stock.

More ITT News

Here are the key news stories impacting ITT this week:

• Positive Sentiment: Q1 results beat — ITT posted adjusted EPS of $1.98 vs. consensus ~$1.77 and revenue of ~$1.21B (up ~33% YoY), signaling stronger organic and acquisition-driven performance. ITT Reports Q1 Results (Business Wire)
• Positive Sentiment: SPX FLOW close and full‑year outlook — Management introduced FY‑2026 EPS guidance (7.700–8.000) following the SPX FLOW closing, which supports the narrative of revenue/earnings upside from the acquisition. Full Release & Outlook (Business Wire)
• Neutral Sentiment: Guidance largely in line — FY‑2026 EPS range (7.700–8.000) is in the same neighborhood as Wall Street expectations (consensus ~7.78–7.9), so upside from guidance is limited unless management raises targets or provides additional margin detail. MarketBeat: ITT Summary
• Neutral Sentiment: Dividend declared — ITT set a quarterly dividend of $0.386/share (record June 8, payable July 6), a ~0.7% yield; supports shareholder returns but is a modest yield. (Company announcement 5/6/2026)
• Neutral Sentiment: Conference materials available — Earnings call transcript and slide deck published for deeper detail on segment performance and integration plans. Useful for investors who want to verify margin assumptions and SPX FLOW synergies. Earnings Call Transcript (Seeking Alpha)
• Negative Sentiment: Insider selling — Filings show CEO/insider sales (Luca Savi sales noted) in the past six months; while not uncommon, continued selling can create short‑term investor concern about insider conviction. Quiver Quant: ITT Q1 Release & Insider Activity

Institutional Trading of ITT

Institutional investors and hedge funds have recently made changes to their positions in the company. Evolve Private Wealth LLC bought a new stake in shares of ITT in the fourth quarter valued at about $290,000. Rafferty Asset Management LLC raised its holdings in shares of ITT by 5.9% in the fourth quarter. Rafferty Asset Management LLC now owns 1,428 shares of the conglomerate’s stock valued at $248,000 after acquiring an additional 80 shares in the last quarter. BTG Pactual Asset Management US LLC bought a new stake in shares of ITT in the fourth quarter valued at about $245,000. Rothschild Wealth LLC bought a new stake in shares of ITT in the fourth quarter valued at about $234,000. Finally, First Citizens Bank & Trust Co. raised its holdings in shares of ITT by 9.1% in the fourth quarter. First Citizens Bank & Trust Co. now owns 1,318 shares of the conglomerate’s stock valued at $229,000 after acquiring an additional 110 shares in the last quarter. 91.59% of the stock is currently owned by institutional investors.

ITT Company Profile

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.