Van ECK Associates Corp Buys 6,190 Shares of ITT Inc. $ITT

Posted by Stanley Muller on Sep 1st, 2026

Van ECK Associates Corp grew its stake in shares of ITT Inc. (NYSE:ITT – Free Report) by 9.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 74,860 shares of the conglomerate’s stock after buying an additional 6,190 shares during the period. Van ECK Associates Corp’s holdings in ITT were worth $14,804,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Capital International Investors grew its holdings in ITT by 3.0% during the 4th quarter. Capital International Investors now owns 8,797,165 shares of the conglomerate’s stock valued at $1,526,421,000 after buying an additional 258,936 shares in the last quarter. BlackRock Inc. purchased a new position in shares of ITT in the 2nd quarter worth approximately $1,715,593,000. State Street Corp increased its position in ITT by 7.4% during the fourth quarter. State Street Corp now owns 2,546,710 shares of the conglomerate’s stock valued at $441,880,000 after acquiring an additional 175,367 shares during the last quarter. Geode Capital Management LLC raised its position in ITT by 15.6% in the 4th quarter. Geode Capital Management LLC now owns 1,614,929 shares of the conglomerate’s stock worth $280,267,000 after purchasing an additional 217,360 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of ITT by 55,929.7% in the fourth 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. Institutional investors own 91.59% of the company’s stock.

Insider Activity at ITT

In other news, CAO Mesa Graziano Cheryl De sold 700 shares of the stock in a transaction on Friday, August 7th. The stock was sold at an average price of $214.54, for a total transaction of $150,178.00. Following the completion of the transaction, the chief accounting officer directly owned 7,159 shares in the company, valued at approximately $1,535,891.86. This represents a 8.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.88% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of brokerages recently weighed in on ITT. Robert W. Baird set a $246.00 price objective on shares of ITT in a report on Thursday, May 7th. Barclays increased their target price on shares of ITT from $210.00 to $230.00 and gave the company an “equal weight” rating in a research report on Thursday, May 7th. KeyCorp boosted their price objective on shares of ITT from $250.00 to $263.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Wolfe Research upgraded shares of ITT from a “peer perform” rating to an “outperform” rating and set a $229.00 price objective for the company in a research note on Thursday, July 9th. Finally, Citigroup raised their target price on ITT from $254.00 to $267.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $241.08.

View Our Latest Report on ITT

ITT Trading Down 1.3%

Shares of ITT opened at $200.33 on Tuesday. ITT Inc. has a 52-week low of $166.96 and a 52-week high of $230.32. The stock has a market cap of $17.91 billion, a PE ratio of 39.28, a price-to-earnings-growth ratio of 1.66 and a beta of 1.27. The company has a quick ratio of 0.85, a current ratio of 1.26 and a debt-to-equity ratio of 0.60. The firm’s fifty day moving average is $200.20 and its two-hundred day moving average is $199.70.

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

ITT Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, October 5th. Stockholders of record on Tuesday, September 8th will be given a dividend of $0.386 per share. This represents a $1.54 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, September 8th. ITT’s payout ratio is presently 30.20%.

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.