ITT (NYSE:ITT) Stock Rating Lowered by Wall Street Zen

ITT (NYSE:ITT) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Monday.

Several other brokerages have also commented on ITT. Citigroup upped their price target on shares of ITT from $207.00 to $225.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Cowen reiterated a “buy” rating on shares of ITT in a report on Thursday, October 2nd. KeyCorp boosted their price target on ITT from $200.00 to $215.00 and gave the company an “overweight” rating in a research report on Thursday, October 30th. TD Cowen raised their price objective on ITT from $170.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, October 2nd. Finally, Stifel Nicolaus set a $225.00 target price on ITT in a report on Friday, December 5th. Ten investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, ITT currently has an average rating of “Buy” and an average target price of $207.13.

ITT Stock Performance

Shares of NYSE ITT opened at $179.70 on Monday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.52 and a quick ratio of 1.05. The company has a market cap of $15.46 billion, a PE ratio of 29.85, a price-to-earnings-growth ratio of 1.65 and a beta of 1.37. The company has a 50-day simple moving average of $179.14 and a 200-day simple moving average of $174.51. ITT has a 12 month low of $105.64 and a 12 month high of $197.07.

ITT (NYSE:ITT) last released its earnings results on Wednesday, October 29th. The conglomerate reported $1.78 EPS for the quarter, topping the consensus estimate of $1.67 by $0.11. The firm had revenue of $999.10 million during the quarter, compared to analysts’ expectations of $973.69 million. ITT had a net margin of 12.67% and a return on equity of 18.96%. ITT’s revenue for the quarter was up 12.9% on a year-over-year basis. During the same period in the previous year, the company earned $1.46 EPS. ITT has set its FY 2025 guidance at 6.620-6.680 EPS. On average, equities analysts anticipate that ITT will post 6.51 earnings per share for the current year.

Insider Activity at ITT

In other ITT news, CFO Emmanuel Caprais sold 5,500 shares of the firm’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $185.23, for a total transaction of $1,018,765.00. Following the completion of the transaction, the chief financial officer directly owned 36,830 shares of the company’s stock, valued at $6,822,020.90. This trade represents a 12.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Mesa Graziano Cheryl De sold 238 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $183.08, for a total transaction of $43,573.04. Following the completion of the sale, the chief accounting officer directly owned 5,062 shares of the company’s stock, valued at $926,750.96. The trade was a 4.49% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.47% of the company’s stock.

Institutional Trading of ITT

Hedge funds and other institutional investors have recently bought and sold shares of the company. Assetmark Inc. increased its holdings in shares of ITT by 10.9% in the 3rd quarter. Assetmark Inc. now owns 558 shares of the conglomerate’s stock valued at $100,000 after acquiring an additional 55 shares during the last quarter. State of New Jersey Common Pension Fund D raised its holdings in shares of ITT by 0.3% during the third quarter. State of New Jersey Common Pension Fund D now owns 24,917 shares of the conglomerate’s stock worth $4,454,000 after purchasing an additional 65 shares during the period. Covestor Ltd lifted its position in shares of ITT by 15.3% in the 3rd quarter. Covestor Ltd now owns 512 shares of the conglomerate’s stock worth $92,000 after buying an additional 68 shares during the last quarter. Merit Financial Group LLC boosted its holdings in shares of ITT by 1.5% in the 3rd quarter. Merit Financial Group LLC now owns 4,725 shares of the conglomerate’s stock valued at $845,000 after buying an additional 69 shares during the period. Finally, IFP Advisors Inc grew its position in shares of ITT by 4.0% during the 3rd quarter. IFP Advisors Inc now owns 1,847 shares of the conglomerate’s stock valued at $330,000 after buying an additional 71 shares during the last quarter. 91.59% of the stock is owned by institutional investors.

ITT News Summary

Here are the key news stories impacting ITT this week:

• Positive Sentiment: Zacks Research raised multiple near?term and longer?term EPS forecasts for ITT, nudging Q2 2026 to $1.70 (from $1.69), Q3 2026 to $1.71 (from $1.70), Q2 2027 to $1.94 (from $1.93), Q4 2027 to $2.27 (from $2.26), FY2026 to $7.12 (from $7.11) and FY2027 to $8.31 (from $8.29). These incremental upgrades signal continued analyst confidence in ITT’s earnings trajectory, but the magnitude is modest. MarketBeat ITT page
• Neutral Sentiment: Announcements about Japanese companies Nitta and Nitto Kohki were included in the feed but are unrelated to ITT’s business and unlikely to affect ITT’s share price. Nitta article
• Neutral Sentiment: Another TipRanks note on Nitto Kohki’s subsidiary winning a government subsidy is industry?specific and not material to ITT’s outlook. Nitto article
• Negative Sentiment: Wall Street Zen downgraded ITT to a Hold (reported by American Banking News). A downgrade can prompt short?term selling or reduced buying interest, especially given ITT’s recent run toward its 52?week high; that downward pressure likely outweighs the modest positive from Zacks’ tiny estimate bumps. Wall Street Zen downgrade

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.