Tema Etfs LLC Has $8.97 Million Stock Holdings in Itron, Inc. $ITRI

Tema Etfs LLC grew its stake in Itron, Inc. (NASDAQ:ITRI) by 88.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,566 shares of the scientific and technical instruments company’s stock after acquiring an additional 45,360 shares during the period. Tema Etfs LLC’s holdings in Itron were worth $8,967,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. J.W. Cole Advisors Inc. raised its holdings in Itron by 6.0% during the second quarter. J.W. Cole Advisors Inc. now owns 2,056 shares of the scientific and technical instruments company’s stock worth $271,000 after acquiring an additional 116 shares in the last quarter. Russell Investments Group Ltd. grew its stake in Itron by 17.1% in the second quarter. Russell Investments Group Ltd. now owns 36,221 shares of the scientific and technical instruments company’s stock valued at $4,768,000 after purchasing an additional 5,299 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Itron by 343.6% in the second 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 in the last quarter. Norges Bank acquired a new position in shares of Itron during the 2nd quarter worth approximately $71,727,000. Finally, Lido Advisors LLC bought a new stake in shares of Itron during the 2nd quarter worth approximately $312,000. Institutional investors and hedge funds own 96.19% of the company’s stock.

Insider Transactions at Itron

In other news, CFO Joan S. Hooper sold 15,293 shares of the stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $99.54, for a total value of $1,522,265.22. Following the transaction, the chief financial officer directly owned 124,196 shares of the company’s stock, valued at $12,362,469.84. This represents a 10.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Donald L. Reeves III sold 5,419 shares of the firm’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $99.54, for a total transaction of $539,407.26. Following the sale, the senior vice president owned 33,140 shares of the company’s stock, valued at approximately $3,298,755.60. This represents a 14.05% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 51,180 shares of company stock valued at $5,085,475. Corporate insiders own 1.45% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on ITRI shares. Guggenheim set a $155.00 price objective on Itron in a report on Friday, February 13th. Weiss Ratings lowered shares of Itron from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Wall Street Zen cut shares of Itron from a “buy” rating to a “hold” rating in a research note on Wednesday, January 14th. Robert W. Baird set a $128.00 price objective on shares of Itron and gave the company an “outperform” rating in a research report on Wednesday, February 18th. Finally, Johnson Rice upgraded shares of Itron from an “accumulate” rating to a “buy” rating and set a $130.00 price objective on the stock in a research note on Monday, January 5th. Eight research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $137.10.

Itron Stock Performance

Shares of NASDAQ ITRI opened at $90.42 on Thursday. The company has a current ratio of 1.80, a quick ratio of 1.56 and a debt-to-equity ratio of 0.45. Itron, Inc. has a 12 month low of $83.51 and a 12 month high of $142.00. The stock has a 50 day moving average of $95.24 and a 200-day moving average of $103.93. The company has a market capitalization of $4.01 billion, a P/E ratio of 13.89, a P/E/G ratio of 0.78 and a beta of 1.50.

Itron (NASDAQ:ITRI) last posted its quarterly earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $2.46 earnings per share for the quarter, beating analysts’ consensus estimates of $2.19 by $0.27. Itron had a return on equity of 20.04% and a net margin of 12.72%.The business had revenue of $571.66 million for the quarter, compared to analysts’ expectations of $561.31 million. During the same quarter in the prior year, the business earned $1.35 EPS. The firm’s revenue for the quarter was down 6.7% on a year-over-year basis. Itron has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 5.750-6.250 EPS. As a group, equities research analysts predict that Itron, Inc. will post 5.33 EPS for the current year.

Itron Company Profile

Itron, Inc (NASDAQ: ITRI) is a global technology company that develops innovative solutions to measure, manage and analyze the use of energy and water. Its comprehensive portfolio includes smart meters, data collection devices, communication networks and advanced software applications designed to optimize utility operations and foster sustainable resource management. The company’s offerings enable utilities and cities to accurately monitor consumption patterns, streamline billing processes and improve grid reliability.

Itron’s product lineup spans a range of hardware and software solutions, from residential and commercial smart meters to meter data management systems (MDMS), networked communication platforms and analytics tools.