PDT Partners LLC Makes New $2.75 Million Investment in ITT Inc. $ITT

Posted by George Bondi on Aug 27th, 2026

PDT Partners LLC bought a new position in ITT Inc. (NYSE:ITT – Free Report) in the 2nd quarter, Holdings Channel.com reports. The firm bought 13,888 shares of the conglomerate’s stock, valued at approximately $2,746,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of ITT during the second quarter worth about $28,000. Elyxium Wealth LLC acquired a new stake in ITT in the fourth quarter valued at about $29,000. Bayban purchased a new stake in ITT in the 4th quarter valued at approximately $31,000. Trust Co. of Vermont purchased a new stake in ITT in the 2nd quarter valued at approximately $33,000. Finally, Parkside Financial Bank & Trust increased its position in ITT by 62.8% during the 4th quarter. Parkside Financial Bank & Trust now owns 197 shares of the conglomerate’s stock worth $34,000 after purchasing an additional 76 shares during the period. Hedge funds and other institutional investors own 91.59% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Weiss Ratings downgraded ITT from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, August 21st. BMO Capital Markets restated an “outperform” rating and issued a $273.00 price target on shares of ITT in a research note on Friday, August 7th. DA Davidson upped their price objective on ITT from $255.00 to $265.00 and gave the stock a “buy” rating in a report on Tuesday, August 11th. Wall Street Zen cut ITT from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Barclays raised their target price on ITT from $210.00 to $230.00 and gave the company an “equal weight” rating in a report on Thursday, May 7th. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $241.08.

Get Our Latest Stock Analysis on ITT

Insider Buying and Selling at ITT

In other news, CAO Mesa Graziano Cheryl De sold 700 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $214.54, for a total value of $150,178.00. Following the completion of the transaction, the chief accounting officer owned 7,159 shares in the company, valued at $1,535,891.86. This trade represents a 8.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.88% of the stock is currently owned by corporate insiders.

ITT Trading Up 2.2%

Shares of ITT stock opened at $210.50 on Thursday. The company has a 50-day moving average of $199.83 and a two-hundred day moving average of $199.68. ITT Inc. has a 12-month low of $166.96 and a 12-month high of $230.32. The company has a current ratio of 1.26, a quick ratio of 0.85 and a debt-to-equity ratio of 0.60. The stock has a market cap of $18.82 billion, a PE ratio of 41.27, a price-to-earnings-growth ratio of 1.68 and a beta of 1.27.

ITT (NYSE:ITT – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The conglomerate reported $2.08 EPS for the quarter, topping the consensus estimate of $1.92 by $0.16. The business had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.39 billion. ITT had a return on equity of 15.90% and a net margin of 8.90%.The company’s quarterly revenue was up 51.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.64 EPS. ITT has set its FY 2026 guidance at 8.120-8.320 EPS. On average, research analysts anticipate that ITT Inc. will post 8.25 EPS for the current fiscal year.

ITT Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, October 5th. Shareholders of record on Tuesday, September 8th will be issued a $0.386 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $1.54 annualized dividend and a yield of 0.7%. ITT’s dividend payout ratio is 30.20%.

ITT Company Profile

(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.