Seaport Res Ptn Issues Optimistic Outlook for Itron Earnings

Itron, Inc. (NASDAQ:ITRI) – Seaport Res Ptn lifted their Q2 2025 earnings per share estimates for shares of Itron in a report released on Friday, May 2nd. Seaport Res Ptn analyst S. Graham now forecasts that the scientific and technical instruments company will earn $1.35 per share for the quarter, up from their previous estimate of $1.23. The consensus estimate for Itron’s current full-year earnings is $5.33 per share. Seaport Res Ptn also issued estimates for Itron’s FY2025 earnings at $5.64 EPS, Q1 2026 earnings at $1.45 EPS and Q2 2026 earnings at $1.45 EPS.

Itron (NASDAQ:ITRI) last announced its quarterly earnings results on Thursday, May 1st. The scientific and technical instruments company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.30 by $0.22. Itron had a return on equity of 19.03% and a net margin of 9.37%. The company had revenue of $607.15 million for the quarter, compared to the consensus estimate of $608.86 million. During the same quarter last year, the company posted $1.24 earnings per share. The company’s revenue for the quarter was up .6% compared to the same quarter last year.

Several other equities analysts have also recently weighed in on ITRI. Piper Sandler cut their price objective on Itron from $124.00 to $121.00 and set a “neutral” rating for the company in a research report on Monday. Oppenheimer upped their price target on Itron from $124.00 to $131.00 and gave the stock an “outperform” rating in a report on Wednesday, February 26th. StockNews.com downgraded shares of Itron from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 1st. Canaccord Genuity Group upped their target price on shares of Itron from $130.00 to $132.00 and gave the company a “buy” rating in a research note on Wednesday, February 26th. Finally, Guggenheim reissued a “buy” rating and issued a $133.00 price target on shares of Itron in a report on Thursday, April 17th. Three investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $127.36.

Itron Stock Down 0.8 %

ITRI stock opened at $106.68 on Monday. The stock has a market capitalization of $4.86 billion, a price-to-earnings ratio of 21.86, a price-to-earnings-growth ratio of 0.81 and a beta of 1.31. The company has a 50-day moving average of $104.36 and a two-hundred day moving average of $107.49. Itron has a 52-week low of $90.11 and a 52-week high of $124.90. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.36 and a quick ratio of 2.83.

Institutional Trading of Itron

Several hedge funds have recently bought and sold shares of ITRI. Royce & Associates LP acquired a new stake in shares of Itron in the first quarter valued at approximately $448,000. Wakefield Asset Management LLLP lifted its position in Itron by 40.9% during the 1st quarter. Wakefield Asset Management LLLP now owns 12,586 shares of the scientific and technical instruments company’s stock worth $1,319,000 after buying an additional 3,653 shares in the last quarter. Los Angeles Capital Management LLC boosted its stake in shares of Itron by 15.9% during the 1st quarter. Los Angeles Capital Management LLC now owns 51,449 shares of the scientific and technical instruments company’s stock worth $5,390,000 after buying an additional 7,058 shares during the last quarter. Jennison Associates LLC grew its holdings in shares of Itron by 3.8% in the 1st quarter. Jennison Associates LLC now owns 13,972 shares of the scientific and technical instruments company’s stock valued at $1,464,000 after acquiring an additional 509 shares in the last quarter. Finally, Bailard Inc. increased its position in shares of Itron by 2.8% in the first quarter. Bailard Inc. now owns 29,801 shares of the scientific and technical instruments company’s stock valued at $3,122,000 after acquiring an additional 800 shares during the last quarter. 96.19% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Itron news, CAO David Marshall Wright sold 317 shares of the company’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $92.90, for a total transaction of $29,449.30. Following the completion of the sale, the chief accounting officer now owns 8,108 shares in the company, valued at approximately $753,233.20. The trade was a 3.76 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Mary C. Hemmingsen sold 750 shares of the firm’s stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $107.27, for a total value of $80,452.50. Following the transaction, the director now owns 5,630 shares in the company, valued at approximately $603,930.10. This trade represents a 11.76 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 4,037 shares of company stock worth $385,815 over the last three months. 1.45% of the stock is currently owned by company insiders.

Itron Company Profile

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.