GW&K Investment Management LLC Has $132.10 Million Holdings in ITT Inc. $ITT

GW&K Investment Management LLC reduced its stake in ITT Inc. (NYSE:ITT) by 3.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 738,993 shares of the conglomerate’s stock after selling 27,371 shares during the quarter. ITT comprises 1.2% of GW&K Investment Management LLC’s holdings, making the stock its 6th largest holding. GW&K Investment Management LLC owned about 0.95% of ITT worth $132,104,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Focus Partners Advisor Solutions LLC lifted its position in shares of ITT by 11.7% in the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 3,457 shares of the conglomerate’s stock worth $631,000 after purchasing an additional 362 shares during the period. Segall Bryant & Hamill LLC increased its position in shares of ITT by 2.3% during the third quarter. Segall Bryant & Hamill LLC now owns 161,141 shares of the conglomerate’s stock worth $28,806,000 after buying an additional 3,581 shares during the period. Regents Gate Capital LLP bought a new position in ITT during the third quarter worth $9,381,000. Quantbot Technologies LP bought a new position in ITT during the third quarter worth $549,000. Finally, Thornburg Investment Management Inc. lifted its holdings in ITT by 27.7% in the third quarter. Thornburg Investment Management Inc. now owns 100,750 shares of the conglomerate’s stock valued at $18,010,000 after buying an additional 21,858 shares during the period. Institutional investors and hedge funds own 91.59% of the company’s stock.

ITT Stock Performance

Shares of ITT stock opened at $197.78 on Thursday. The business has a 50-day simple moving average of $189.69 and a 200 day simple moving average of $181.80. ITT Inc. has a one year low of $105.64 and a one year high of $209.70. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.58 and a quick ratio of 2.07. The firm has a market capitalization of $17.01 billion, a price-to-earnings ratio of 32.37, a PEG ratio of 1.78 and a beta of 1.34.

ITT (NYSE:ITT) last announced its quarterly earnings data on Thursday, February 5th. The conglomerate reported $1.85 EPS for the quarter, beating 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 return on equity of 17.74% and a net margin of 12.39%.The company’s revenue for the quarter was up 13.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.50 earnings per share. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. On average, research analysts anticipate that ITT Inc. will post 6.51 earnings per share 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 dividend of $0.386 per share. This is a boost from ITT’s previous quarterly dividend of $0.35. The ex-dividend date is Friday, March 6th. This represents a $1.54 dividend on an annualized basis and a yield of 0.8%. ITT’s dividend payout ratio (DPR) is presently 22.91%.

Analyst Ratings Changes

A number of analysts have weighed in on ITT shares. KeyCorp increased their price target on ITT from $215.00 to $230.00 and gave the stock an “overweight” rating in a report on Friday, February 6th. DA Davidson set a $245.00 target price on ITT in a research report on Monday, February 9th. Stifel Nicolaus raised their target price on ITT from $218.00 to $228.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Robert W. Baird set a $222.00 target price on ITT in a report on Friday, February 6th. Finally, Wall Street Zen raised ITT from a “hold” rating to a “buy” rating in a research note on Monday. Nine equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $216.11.

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.