Raiffeisen Bank International AG Trims Position in Itron, Inc. $ITRI

Raiffeisen Bank International AG decreased its position in shares of Itron, Inc. (NASDAQ:ITRI) by 3.8% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 230,000 shares of the scientific and technical instruments company’s stock after selling 9,000 shares during the quarter. Raiffeisen Bank International AG owned approximately 0.50% of Itron worth $28,557,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of ITRI. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its stake in Itron by 229.1% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 147,875 shares of the scientific and technical instruments company’s stock worth $18,420,000 after buying an additional 102,946 shares in the last quarter. NEOS Investment Management LLC increased its stake in Itron by 21.8% during the third quarter. NEOS Investment Management LLC now owns 51,206 shares of the scientific and technical instruments company’s stock worth $6,378,000 after acquiring an additional 9,180 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Itron by 2.3% during the 3rd quarter. Vanguard Group Inc. now owns 5,875,153 shares of the scientific and technical instruments company’s stock worth $731,809,000 after purchasing an additional 132,329 shares during the period. State of New Jersey Common Pension Fund D boosted its position in shares of Itron by 2.7% during the third quarter. State of New Jersey Common Pension Fund D now owns 17,236 shares of the scientific and technical instruments company’s stock valued at $2,147,000 after buying an additional 460 shares during the period. Finally, Aberdeen Group plc grew its position in Itron by 7.6% in the 3rd quarter. Aberdeen Group plc now owns 7,172 shares of the scientific and technical instruments company’s stock valued at $893,000 after acquiring an additional 507 shares during the last quarter. Institutional investors own 96.19% of the company’s stock.

Itron Stock Up 0.4%

Shares of Itron stock opened at $99.54 on Friday. Itron, Inc. has a 52-week low of $88.57 and a 52-week high of $142.00. The firm’s 50 day moving average price is $97.72 and its 200-day moving average price is $110.13. The company has a quick ratio of 1.91, a current ratio of 1.80 and a debt-to-equity ratio of 0.45. The company has a market cap of $4.47 billion, a P/E ratio of 15.29, a PEG ratio of 0.86 and a beta of 1.48.

Itron (NASDAQ:ITRI) last released its quarterly earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $2.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.19 by $0.27. The business had revenue of $571.66 million for the quarter, compared to analyst estimates of $561.31 million. Itron had a net margin of 12.72% and a return on equity of 20.04%. The business’s revenue for the quarter was down 6.7% on a year-over-year basis. During the same period in the previous year, the company earned $1.35 earnings per share. Itron has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 5.750-6.250 EPS. On average, sell-side analysts predict that Itron, Inc. will post 5.33 EPS for the current fiscal year.

Insider Transactions at Itron

In related news, SVP Justin K. Patrick sold 379 shares of the company’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $96.51, for a total value of $36,577.29. Following the transaction, the senior vice president directly owned 20,382 shares of the company’s stock, valued at $1,967,066.82. This represents a 1.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP John F. Marcolini sold 553 shares of Itron stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $96.51, for a total value of $53,370.03. Following the sale, the senior vice president directly owned 13,843 shares of the company’s stock, valued at approximately $1,335,987.93. This represents a 3.84% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 3,113 shares of company stock worth $301,678 over the last ninety days. 1.45% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on ITRI. Argus reissued a “hold” rating on shares of Itron in a research note on Tuesday, November 4th. Robert W. Baird set a $128.00 price objective on Itron and gave the company an “outperform” rating in a report on Wednesday. Zacks Research cut shares of Itron from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 28th. Oppenheimer boosted their price target on shares of Itron from $125.00 to $133.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, Guggenheim set a $155.00 price objective on shares of Itron in a research note on Friday, February 13th. Eight analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $137.90.

Key Stories Impacting Itron

Here are the key news stories impacting Itron this week:

• Positive Sentiment: Robert W. Baird upgraded Itron from “neutral” to “outperform” and raised its price target to $128, signaling stronger analyst conviction and potential upside vs. the current price. Itron upgraded at Baird
• Positive Sentiment: Itron’s most recent quarter beat EPS and revenue estimates and management gave FY26 EPS guidance that looks constructive versus street expectations — a primary driver for the recent upward move in the stock. ITRI Shares Gap Up After Earnings
• Neutral Sentiment: Industry and market pieces highlight Itron’s positioning in smart infrastructure and note growing investor focus on the stock as part of tech/infrastructure blends — attention that can support multiple re-ratings but doesn’t guarantee sustained momentum. Kalkine: Technology Infrastructure Blend
• Neutral Sentiment: Market write-ups suggest it may be time to reassess Itron given smart infrastructure momentum; useful for framing sentiment but mostly reiterative of recent results and guidance. Yahoo: Reassess Itron?
• Neutral Sentiment: Analyst-coverage summaries and aggregator pieces are circulating (Benzinga, Globe & Mail), consolidating opinions and price targets; these maintain visibility but are not single decisive drivers. Benzinga: Where Itron Stands
• Neutral Sentiment: Reported short-interest entries in the feed appear to show zero or inconsistent values (likely a data reporting error), so there’s no clear short-pressure signal to drive price action today. (No actionable short-interest change reported.)
• Negative Sentiment: Analytical pieces warn that recent acquisitions are expensive and could weigh on margins, cash flow or raise execution risk — a caution investors should monitor given Itron’s M&A activity. Seeking Alpha: Acquisitions Come At A Price

Itron Company Profile

Itron, Inc (NASDAQ: ITRI) is a global technology company that develops innovative solutions to measure, manage and analyze the use of energy and water. Its comprehensive portfolio includes smart meters, data collection devices, communication networks and advanced software applications designed to optimize utility operations and foster sustainable resource management. The company’s offerings enable utilities and cities to accurately monitor consumption patterns, streamline billing processes and improve grid reliability.

Itron’s product lineup spans a range of hardware and software solutions, from residential and commercial smart meters to meter data management systems (MDMS), networked communication platforms and analytics tools.