Wealth Enhancement Advisory Services LLC Has $4.12 Million Position in ITT Inc. $ITT

Wealth Enhancement Advisory Services LLC increased its stake in shares of ITT Inc. (NYSE:ITT) by 19.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,909 shares of the conglomerate’s stock after acquiring an additional 3,774 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in ITT were worth $4,124,000 at the end of the most recent quarter.

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

ITT Price Performance

Shares of NYSE ITT opened at $181.14 on Tuesday. The stock has a market cap of $15.58 billion, a price-to-earnings ratio of 29.65, a PEG ratio of 1.71 and a beta of 1.34. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.07 and a current ratio of 2.58. ITT Inc. has a fifty-two week low of $105.64 and a fifty-two week high of $209.70. The firm’s 50-day simple moving average is $192.68 and its 200 day simple moving average is $184.03.

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

ITT Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 6th. Investors of record on Friday, March 6th will be given a $0.386 dividend. This represents a $1.54 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, March 6th. This is an increase from ITT’s previous quarterly dividend of $0.35. ITT’s payout ratio is currently 25.20%.

Insider Buying and Selling

In other ITT news, CEO Luca Savi sold 63,450 shares of the firm’s stock in a transaction on 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 transaction, the chief executive officer directly owned 262,354 shares in the company, valued at approximately $50,028,284.26. This trade represents a 19.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.47% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on ITT. Robert W. Baird set a $222.00 price target on ITT in a research note on Friday, February 6th. Weiss Ratings restated a “buy (b)” rating on shares of ITT in a report on Thursday, January 22nd. Wall Street Zen raised ITT from a “hold” rating to a “buy” rating in a research report on Monday, March 2nd. BMO Capital Markets assumed coverage on ITT in a report on Friday. They issued an “outperform” rating and a $233.00 target price on the stock. Finally, KeyCorp lifted their price target on shares of ITT from $215.00 to $230.00 and gave the company an “overweight” rating in a research report on Friday, February 6th. Ten equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $218.00.

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.