ITT (NYSE:ITT) Stock Sold Off by Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of ITT Inc. (NYSE:ITT). In a filing disclosed on October 12th, the Representative disclosed that they had sold between $15,001 and $50,000 in ITT stock on September 29th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Benchmark Electronics (NYSE:BHE) on 10/1/2026.
• Sold $1,001 – $15,000 in shares of Oxford Industries (NYSE:OXM) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Tandem Diabetes Care (NASDAQ:TNDM) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Cytokinetics (NASDAQ:CYTK) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Ultragenyx Pharmaceutical (NASDAQ:RARE) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of YETI (NYSE:YETI) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of AtriCure (NASDAQ:ATRC) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Alkermes (NASDAQ:ALKS) on 9/29/2026.

ITT Trading Down 0.2%

Shares of NYSE ITT opened at $201.54 on Wednesday. ITT Inc. has a fifty-two week low of $166.96 and a fifty-two week high of $230.32. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.85 and a current ratio of 1.26. The company has a market cap of $18.02 billion, a price-to-earnings ratio of 39.52, a PEG ratio of 1.65 and a beta of 1.25. The business’s 50 day moving average price is $206.12 and its 200-day moving average price is $201.29.

ITT (NYSE:ITT) last posted its quarterly earnings data on Thursday, August 6th. The conglomerate reported $2.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.92 by $0.16. The company had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.39 billion. ITT had a return on equity of 15.90% and a net margin of 8.90%. ITT’s revenue was up 51.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.64 EPS. ITT has set its FY 2026 guidance at 8.120-8.320 EPS. On average, sell-side analysts expect that ITT Inc. will post 8.25 earnings per share for the current year.

ITT Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, October 5th. Stockholders of record on Tuesday, September 8th were issued a $0.3860 dividend. This represents a $1.54 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Tuesday, September 8th. ITT’s dividend payout ratio is presently 30.20%.

Insider Activity

In other ITT news, CEO Luca Savi bought 5,019 shares of the company’s stock in a transaction on Monday, August 31st. The shares were bought at an average cost of $199.56 per share, for a total transaction of $1,001,591.64. Following the acquisition, the chief executive officer directly owned 267,373 shares in the company, valued at approximately $53,356,955.88. The trade was a 1.91% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Graziano De sold 700 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $214.54, for a total transaction of $150,178.00. Following the transaction, the chief accounting officer directly owned 7,159 shares in the company, valued at $1,535,891.86. This trade represents a 8.91% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.88% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of ITT. Contravisory Investment Management Inc. raised its position in ITT by 7,616.5% during the 3rd quarter. Contravisory Investment Management Inc. now owns 6,559 shares of the conglomerate’s stock valued at $1,324,000 after purchasing an additional 6,474 shares in the last quarter. Wedmont Private Capital grew its position in shares of ITT by 22.0% during the 3rd quarter. Wedmont Private Capital now owns 1,411 shares of the conglomerate’s stock worth $280,000 after buying an additional 254 shares in the last quarter. GAMMA Investing LLC grew its position in shares of ITT by 12.4% during the 3rd quarter. GAMMA Investing LLC now owns 3,475 shares of the conglomerate’s stock worth $701,000 after buying an additional 382 shares in the last quarter. Farther Finance Advisors LLC increased its stake in shares of ITT by 7.3% during the third quarter. Farther Finance Advisors LLC now owns 1,691 shares of the conglomerate’s stock valued at $341,000 after buying an additional 115 shares during the period. Finally, Everhart Financial Group Inc. increased its stake in shares of ITT by 0.8% during the third quarter. Everhart Financial Group Inc. now owns 8,589 shares of the conglomerate’s stock valued at $1,733,000 after buying an additional 66 shares during the period. 91.59% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ITT. Wolfe Research began coverage on shares of ITT in a research note on Tuesday, September 15th. They set an “outperform” rating and a $272.00 target price for the company. KeyCorp raised their price target on shares of ITT from $250.00 to $263.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Citigroup raised their price target on shares of ITT from $254.00 to $267.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Stifel Nicolaus lifted their price objective on shares of ITT from $246.00 to $250.00 and gave the company a “buy” rating in a report on Monday, July 20th. Finally, Weiss Ratings raised shares of ITT from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Eight analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $259.56.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

ITT Company Profile

ITT Inc (NYSE: ITT) is a global manufacturer of highly engineered components and technologies serving the transportation, energy, industrial, infrastructure, and aerospace and defense markets. The company develops products designed to support critical applications where reliability, performance, and safety are essential.

ITT operates through three principal business segments: Motion Technologies, Industrial Process, and Connect & Control Technologies. Its products include brake pads and friction materials, shock absorbers, pumps, valves, monitoring and control systems, connectors, switches, and other specialized components.