Equities Analysts Offer Predictions for ITT Q2 Earnings

ITT Inc. (NYSE:ITT) – Equities researchers at Zacks Research upped their Q2 2026 EPS estimates for ITT in a research note issued on Tuesday, July 1st. Zacks Research analyst R. Department now forecasts that the conglomerate will earn $1.65 per share for the quarter, up from their previous estimate of $1.64. The consensus estimate for ITT’s current full-year earnings is $6.51 per share. Zacks Research also issued estimates for ITT’s Q1 2027 earnings at $1.81 EPS.

ITT (NYSE:ITT) last issued its earnings results on Thursday, May 1st. The conglomerate reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.01. The firm had revenue of $913.00 million for the quarter, compared to the consensus estimate of $901.22 million. ITT had a net margin of 14.19% and a return on equity of 17.75%. The business’s revenue was up .3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.42 earnings per share.

A number of other research analysts also recently weighed in on ITT. Wall Street Zen upgraded shares of ITT from a “hold” rating to a “buy” rating in a research report on Wednesday, May 7th. Stifel Nicolaus increased their price objective on shares of ITT from $161.00 to $171.00 and gave the stock a “buy” rating in a research note on Friday, May 16th. KeyCorp upped their target price on shares of ITT from $150.00 to $160.00 and gave the stock an “overweight” rating in a research report on Friday, May 2nd. Bank of America upped their target price on shares of ITT from $145.00 to $170.00 and gave the stock a “buy” rating in a research report on Wednesday, May 21st. Finally, Citigroup lowered their price objective on shares of ITT from $181.00 to $150.00 and set a “buy” rating for the company in a research report on Monday, April 14th. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $165.50.

ITT Stock Up 0.8%

Shares of ITT stock opened at $161.39 on Friday. The company has a market cap of $12.70 billion, a price-to-earnings ratio of 25.66, a price-to-earnings-growth ratio of 2.11 and a beta of 1.35. The company’s 50 day moving average is $150.10 and its 200 day moving average is $142.75. ITT has a twelve month low of $105.64 and a twelve month high of $161.53.

ITT Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 2nd were paid a $0.351 dividend. This represents a $1.40 annualized dividend and a yield of 0.87%. The ex-dividend date of this dividend was Monday, June 2nd. ITT’s dividend payout ratio is presently 22.26%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ITT. Select Equity Group L.P. increased its position in ITT by 4.4% during the 1st quarter. Select Equity Group L.P. now owns 4,765,602 shares of the conglomerate’s stock valued at $615,525,000 after purchasing an additional 200,676 shares during the period. T. Rowe Price Investment Management Inc. grew its position in ITT by 97.1% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 1,835,894 shares of the conglomerate’s stock worth $237,125,000 after purchasing an additional 904,654 shares during the last quarter. Invesco Ltd. grew its position in ITT by 12.2% during the 4th quarter. Invesco Ltd. now owns 1,560,381 shares of the conglomerate’s stock worth $222,947,000 after purchasing an additional 169,054 shares during the last quarter. Alliancebernstein L.P. lifted its stake in ITT by 14.2% during the 4th quarter. Alliancebernstein L.P. now owns 1,366,576 shares of the conglomerate’s stock valued at $195,256,000 after acquiring an additional 169,944 shares during the period. Finally, Nuveen LLC acquired a new stake in ITT during the 1st quarter valued at approximately $156,406,000. Hedge funds and other institutional investors own 91.59% of the company’s stock.

About ITT

ITT Inc, together with its subsidiaries, manufactures and sells engineered critical components and customized technology solutions for the transportation, industrial, and energy markets in the United States and internationally. The Motion Technologies segment manufactures brake pads, shims, shock absorbers, and energy absorption components; and sealing technologies primarily for the transportation industry, including passenger cars, trucks, light- and heavy-duty commercial and military vehicles, buses, and trains.