ITT (NYSE:ITT) Shares Gap Up Following Insider Buying Activity

Posted by Francis Steltz on Sep 2nd, 2026

ITT Inc. (NYSE:ITT – Get Free Report)’s stock price gapped up prior to trading on Wednesday following insider buying activity. The stock had previously closed at $194.26, but opened at $200.37. ITT shares last traded at $200.1290, with a volume of 58,091 shares changing hands.

Specifically, CEO Luca Savi bought 5,019 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The shares were acquired at an average price of $199.56 per share, with a total value of $1,001,591.64. Following the acquisition, the chief executive officer owned 267,373 shares of the company’s stock, valued at approximately $53,356,955.88. The trade was a 1.91% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on ITT shares. Wall Street Zen cut shares of ITT from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. DA Davidson boosted their target price on ITT from $255.00 to $265.00 and gave the stock a “buy” rating in a research report on Tuesday, August 11th. Robert W. Baird set a $246.00 target price on ITT in a research note on Thursday, May 7th. Weiss Ratings downgraded ITT from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, August 21st. Finally, BMO Capital Markets reissued an “outperform” rating and set a $273.00 price objective on shares of ITT in a report on Friday, August 7th. Nine investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, ITT has a consensus rating of “Moderate Buy” and a consensus price target of $244.82.

View Our Latest Stock Analysis on ITT

ITT Stock Up 4.2%

The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.85 and a current ratio of 1.26. The stock’s 50 day moving average price is $200.19 and its 200-day moving average price is $199.64. The company has a market cap of $18.09 billion, a PE ratio of 39.68, a PEG ratio of 1.64 and a beta of 1.27.

ITT (NYSE:ITT – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The conglomerate reported $2.08 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $1.39 billion. During the same period in the previous year, the firm posted $1.64 earnings per share. The firm’s revenue for the quarter was up 51.5% on a year-over-year basis. ITT has set its FY 2026 guidance at 8.120-8.320 EPS. On average, analysts predict that ITT Inc. will post 8.25 earnings per share for the current year.

ITT Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, October 5th. Stockholders of record on Tuesday, September 8th will be issued a $0.386 dividend. The ex-dividend date is Tuesday, September 8th. This represents a $1.54 annualized dividend and a dividend yield of 0.8%. ITT’s dividend payout ratio (DPR) is currently 30.20%.

Institutional Investors Weigh In On ITT

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in ITT in the 2nd quarter worth $28,000. Elyxium Wealth LLC bought a new position in shares of ITT during the fourth quarter valued at about $29,000. Bayban bought a new position in shares of ITT during the fourth quarter valued at about $31,000. Trust Co. of Vermont purchased a new stake in shares of ITT during the second quarter worth about $33,000. Finally, Parkside Financial Bank & Trust grew its stake in shares of ITT by 62.8% in the fourth 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 last quarter. 91.59% of the stock is currently owned by institutional investors.

About ITT

(Get 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.