ITT (NYSE:ITT) Stock Sold Off Rep. April McClain Delaney

Representative April McClain Delaney (Democratic-Maryland) recently sold shares of ITT Inc. (NYSE:ITT). In a filing disclosed on September 09th, the Representative disclosed that they had sold between $250,001 and $500,000 in ITT stock on August 25th.

Representative April McClain Delaney also recently made the following trade(s):

  • Sold $100,001 – $250,000 in shares of Wabtec (NYSE:WAB) on 8/25/2026.
  • Sold $100,001 – $250,000 in shares of Viking (NYSE:VIK) on 8/25/2026.
  • Sold $100,001 – $250,000 in shares of Trimble (NASDAQ:TRMB) on 8/25/2026.
  • Sold $100,001 – $250,000 in shares of Transdigm Group (NYSE:TDG) on 8/25/2026.
  • Sold $15,001 – $50,000 in shares of Tractor Supply (NASDAQ:TSCO) on 8/25/2026.
  • Sold $15,001 – $50,000 in shares of Middleby (NASDAQ:MIDD) on 8/25/2026.
  • Sold $15,001 – $50,000 in shares of Teledyne Technologies (NYSE:TDY) on 8/25/2026.
  • Sold $100,001 – $250,000 in shares of STERIS (NYSE:STE) on 8/25/2026.
  • Sold $100,001 – $250,000 in shares of Somnigroup International (NYSE:SGI) on 8/25/2026.
  • Sold $100,001 – $250,000 in shares of Signet Jewelers (NYSE:SIG) on 8/25/2026.

ITT Price Performance

Shares of ITT stock opened at $204.22 on Friday. The company has a market capitalization of $18.26 billion, a P/E ratio of 40.04, a P/E/G ratio of 1.60 and a beta of 1.27. The company’s 50-day simple moving average is $201.68 and its two-hundred day simple moving average is $199.54. ITT Inc. has a one year low of $166.96 and a one year high of $230.32. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.26 and a quick ratio of 0.85.

ITT (NYSE:ITTGet Free Report) last announced its quarterly earnings data on Thursday, August 6th. The conglomerate reported $2.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.92 by $0.16. The company had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.39 billion. ITT had a return on equity of 15.90% and a net margin of 8.90%.ITT’s revenue was up 51.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.64 earnings per share. ITT has set its FY 2026 guidance at 8.120-8.320 EPS. As a group, equities analysts anticipate that ITT Inc. will post 8.25 EPS for the current year.

ITT Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, October 5th. Shareholders of record on Tuesday, September 8th will be paid a $0.386 dividend. This represents a $1.54 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Tuesday, September 8th. ITT’s dividend payout ratio is currently 30.20%.

Insider Buying and Selling at ITT

In other news, CEO Luca Savi bought 5,019 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The shares were purchased at an average cost of $199.56 per share, with a total value of $1,001,591.64. Following the transaction, the chief executive officer directly owned 267,373 shares in the company, valued at approximately $53,356,955.88. The trade was a 1.91% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Graziano De sold 700 shares of ITT stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $214.54, for a total value of $150,178.00. Following the sale, the chief accounting officer directly owned 7,159 shares of the company’s stock, valued at approximately $1,535,891.86. This represents a 8.91% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.88% of the company’s stock.

ITT News Summary

Here are the key news stories impacting ITT this week:

  • Positive Sentiment: Zacks raises multiple EPS forecasts: Zacks Research increased its FY2026 EPS estimate to $8.28 from $8.27, FY2027 to $9.10 from $9.08, and FY2028 to $10.55 from $10.53. It also raised its third-quarter and fourth-quarter 2027 estimates to $2.44 and $2.39, respectively. The FY2026 forecast is slightly above the broader $8.25 consensus, suggesting incremental confidence in ITT’s earnings outlook. ITT analyst estimate revisions
  • Neutral Sentiment: Peer-performance comparison: A Zacks analysis compares ITT’s year-to-date performance with Mitsubishi Corp. and other conglomerate-sector stocks. The supplied article excerpt provides no specific performance figures or new catalyst, so its direct impact on ITT shares appears limited. ITT peer performance analysis
  • Neutral Sentiment: Upcoming investor conference: ITT will participate in D.A. Davidson’s Diversified Industrials & Services Conference on September 24. The event could provide updates on demand, margins, or guidance, but the announcement itself contains no new financial targets. ITT conference announcement
  • Neutral Sentiment: Unrelated article: The Nauticus Robotics announcement concerns Nauticus Robotics, ticker KITT, not ITT Inc. (NYSE: ITT), and therefore should not affect ITT’s stock.

Institutional Trading of ITT

Several hedge funds have recently modified their holdings of ITT. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in ITT in the second quarter worth $28,000. Trust Co. of Vermont acquired a new stake in ITT in the 2nd quarter worth approximately $33,000. Elyxium Wealth LLC purchased a new stake in ITT during the 4th quarter worth approximately $29,000. Bayban purchased a new stake in ITT during the 4th quarter worth approximately $31,000. Finally, Parkside Financial Bank & Trust increased its stake in ITT by 62.8% during the 4th quarter. Parkside Financial Bank & Trust now owns 197 shares of the conglomerate’s stock valued at $34,000 after purchasing an additional 76 shares in the last quarter. 91.59% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Citigroup raised their price target on ITT from $254.00 to $267.00 and gave the company a “buy” rating in a research note on Friday, August 7th. KeyCorp increased their target price on shares of ITT from $250.00 to $263.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. DA Davidson boosted their price target on shares of ITT from $255.00 to $265.00 and gave the company a “buy” rating in a report on Tuesday, August 11th. Wolfe Research upgraded shares of ITT from a “peer perform” rating to an “outperform” rating and set a $229.00 price objective on the stock in a research note on Thursday, July 9th. Finally, Weiss Ratings raised shares of ITT from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, September 4th. Ten analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $244.82.

Check Out Our Latest Analysis on ITT

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.

April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

About ITT

(Get Free Report)

ITT Inc is a diversified industrial manufacturer that develops and produces highly engineered components and systems for transportation, energy, industrial, aerospace and defense, and other specialized markets. The company serves original equipment manufacturers, distributors and aftermarket customers through a portfolio of mission-critical products designed to support safety, efficiency and reliability.

ITT operates through three primary business segments. Motion Technologies supplies brake pads, friction materials, shock absorbers, dampers and related components for automotive and rail applications.

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