Laurie Ann Pulatie-Hahn Sells 110 Shares of Itron (NASDAQ:ITRI) Stock

Itron, Inc. (NASDAQ:ITRI) SVP Laurie Ann Pulatie-Hahn sold 110 shares of the business’s stock in a transaction on Monday, August 25th. The shares were sold at an average price of $125.31, for a total transaction of $13,784.10. Following the completion of the transaction, the senior vice president directly owned 22,109 shares in the company, valued at $2,770,478.79. This represents a 0.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Itron Price Performance

Shares of NASDAQ ITRI opened at $123.93 on Thursday. The firm has a market capitalization of $5.67 billion, a P/E ratio of 21.18, a PEG ratio of 0.68 and a beta of 1.35. Itron, Inc. has a one year low of $90.11 and a one year high of $140.04. The company’s fifty day moving average is $130.50 and its two-hundred day moving average is $115.52. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.75 and a current ratio of 2.04.

Itron (NASDAQ:ITRI) last issued its earnings results on Thursday, July 31st. The scientific and technical instruments company reported $1.62 EPS for the quarter, topping the consensus estimate of $1.33 by $0.29. The company had revenue of $606.76 million for the quarter, compared to analyst estimates of $610.36 million. Itron had a net margin of 11.05% and a return on equity of 19.69%. The business’s revenue was down .4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.21 EPS. Itron has set its FY 2025 guidance at 6.000-6.200 EPS. Q3 2025 guidance at 1.450-1.550 EPS. Analysts forecast that Itron, Inc. will post 5.33 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ITRI. Twin Peaks Wealth Advisors LLC acquired a new position in Itron in the 2nd quarter valued at about $30,000. Bessemer Group Inc. raised its stake in Itron by 125.7% in the 2nd quarter. Bessemer Group Inc. now owns 255 shares of the scientific and technical instruments company’s stock valued at $34,000 after purchasing an additional 142 shares during the last quarter. Wayfinding Financial LLC acquired a new position in Itron in the 1st quarter valued at about $45,000. Northwestern Mutual Wealth Management Co. raised its stake in Itron by 343.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 346 shares of the scientific and technical instruments company’s stock valued at $46,000 after purchasing an additional 268 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in Itron by 25.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 401 shares of the scientific and technical instruments company’s stock valued at $53,000 after purchasing an additional 81 shares during the last quarter. Institutional investors and hedge funds own 96.19% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Roth Capital boosted their target price on shares of Itron from $130.00 to $150.00 and gave the stock a “buy” rating in a research report on Tuesday, July 22nd. Piper Sandler decreased their target price on shares of Itron from $124.00 to $121.00 and set a “neutral” rating on the stock in a research report on Monday, May 5th. JPMorgan Chase & Co. upgraded shares of Itron from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $128.00 to $145.00 in a research report on Thursday, July 31st. Wall Street Zen upgraded shares of Itron from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Finally, Guggenheim reiterated a “buy” rating and issued a $155.00 price objective (up from $133.00) on shares of Itron in a research report on Monday, July 14th. Eleven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $136.25.

About Itron

Itron, Inc, a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in three segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products.