HB Wealth Management LLC Purchases 3,175 Shares of ITT Inc. $ITT

Posted by Brenda Bartman on Jul 9th, 2026

HB Wealth Management LLC lifted its holdings in shares of ITT Inc. (NYSE:ITT – Free Report) by 121.1% in the first quarter, Holdings Channel.com reports. The fund owned 5,797 shares of the conglomerate’s stock after purchasing an additional 3,175 shares during the quarter. HB Wealth Management LLC’s holdings in ITT were worth $1,105,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. lifted its position in shares of ITT by 55,929.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,518,405 shares of the conglomerate’s stock worth $263,458,000 after buying an additional 1,515,695 shares during the period. Norges Bank acquired a new position in ITT during the fourth quarter worth $194,884,000. Vanguard Group Inc. lifted its holdings in shares of ITT by 7.9% during the fourth quarter. Vanguard Group Inc. now owns 8,460,467 shares of the conglomerate’s stock valued at $1,467,976,000 after acquiring an additional 620,217 shares during the period. Findlay Park Partners LLP boosted its stake in shares of ITT by 63.2% in the 4th quarter. Findlay Park Partners LLP now owns 1,230,902 shares of the conglomerate’s stock valued at $213,574,000 after purchasing an additional 476,702 shares in the last quarter. Finally, Ghisallo Capital Management LLC acquired a new stake in shares of ITT during the 4th quarter worth about $78,080,000. Institutional investors own 91.59% of the company’s stock.

ITT Trading Up 0.1%

Shares of NYSE ITT opened at $184.89 on Thursday. The company’s 50 day simple moving average is $196.34 and its 200 day simple moving average is $194.29. ITT Inc. has a fifty-two week low of $154.29 and a fifty-two week high of $225.26. The firm has a market capitalization of $16.53 billion, a P/E ratio of 32.61, a P/E/G ratio of 1.74 and a beta of 1.27. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.53 and a quick ratio of 1.01.

ITT (NYSE:ITT – Get Free Report) last released its earnings results on Wednesday, May 6th. The conglomerate reported $1.98 EPS for the quarter, topping analysts’ consensus estimates of $1.77 by $0.21. The firm had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.12 billion. ITT had a net margin of 10.80% and a return on equity of 16.83%. The business’s quarterly revenue was up 32.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.45 EPS. ITT has set its FY 2026 guidance at 7.700-8.000 EPS. On average, analysts predict that ITT Inc. will post 7.91 EPS for the current year.

ITT Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Monday, June 8th were paid a dividend of $0.386 per share. The ex-dividend date of this dividend was Monday, June 8th. This represents a $1.54 dividend on an annualized basis and a dividend yield of 0.8%. ITT’s payout ratio is 27.16%.

Analyst Upgrades and Downgrades

ITT has been the topic of a number of recent analyst reports. Robert W. Baird set a $246.00 price target on shares of ITT in a research report on Thursday, May 7th. Citigroup increased their price target on ITT from $252.00 to $254.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Wall Street Zen cut ITT from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. DA Davidson boosted their price objective on ITT from $245.00 to $255.00 and gave the stock a “buy” rating in a research note on Monday, May 11th. Finally, Barclays raised their target price on ITT from $210.00 to $230.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Ten research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, ITT has an average rating of “Moderate Buy” and a consensus target price of $234.91.

Check Out Our Latest Analysis on ITT

Insider Transactions at ITT

In other news, insider Lori B. Marino sold 7,123 shares of the business’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $208.27, for a total transaction of $1,483,507.21. Following the completion of the transaction, the insider directly owned 8,729 shares in the company, valued at approximately $1,817,988.83. The trade was a 44.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Mesa Graziano Cheryl De sold 200 shares of the stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $208.41, for a total transaction of $41,682.00. Following the completion of the sale, the chief accounting officer owned 7,859 shares in the company, valued at $1,637,894.19. This represents a 2.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.88% of the company’s stock.

About ITT

(Free Report)

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.