Raiffeisen Bank International AG Grows Stock Holdings in Itron, Inc. $ITRI

Posted by Francis Steltz on Sep 4th, 2026

Raiffeisen Bank International AG increased its holdings in shares of Itron, Inc. (NASDAQ:ITRI – Free Report) by 5.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 250,000 shares of the scientific and technical instruments company’s stock after buying an additional 14,000 shares during the period. Raiffeisen Bank International AG owned about 0.57% of Itron worth $20,930,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Employees Retirement System of Texas acquired a new stake in shares of Itron during the third quarter worth about $32,000. PenderFund Capital Management Ltd. acquired a new position in Itron during the second quarter worth approximately $35,000. Quantbot Technologies LP purchased a new stake in Itron in the second quarter valued at approximately $36,000. Northwestern Mutual Wealth Management Co. lifted its stake in Itron by 29.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 443 shares of the scientific and technical instruments company’s stock valued at $41,000 after buying an additional 101 shares during the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new stake in shares of Itron in the second quarter valued at approximately $48,000. 96.19% of the stock is currently owned by hedge funds and other institutional investors.

Itron Stock Down 0.6%

Shares of Itron stock opened at $95.55 on Friday. The company has a market cap of $4.18 billion, a P/E ratio of 15.95, a PEG ratio of 1.15 and a beta of 1.33. The company has a debt-to-equity ratio of 0.96, a quick ratio of 2.29 and a current ratio of 2.75. Itron, Inc. has a one year low of $77.77 and a one year high of $142.00. The firm has a fifty day moving average of $93.45 and a two-hundred day moving average of $89.93.

Itron (NASDAQ:ITRI – Get Free Report) last issued its earnings results on Tuesday, July 28th. The scientific and technical instruments company reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.30. Itron had a net margin of 11.90% and a return on equity of 19.26%. The business had revenue of $562.90 million for the quarter, compared to the consensus estimate of $566.34 million. During the same quarter in the previous year, the firm earned $1.62 earnings per share. The business’s quarterly revenue was down 7.2% compared to the same quarter last year. Itron has set its Q3 2026 guidance at 1.500-1.600 EPS and its FY 2026 guidance at 6.300-6.500 EPS. On average, analysts forecast that Itron, Inc. will post 6.41 earnings per share for the current year.

Analyst Upgrades and Downgrades

ITRI has been the subject of several research reports. Needham & Company LLC upped their price target on shares of Itron from $116.00 to $128.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Robert W. Baird set a $125.00 price objective on shares of Itron in a research report on Wednesday, July 29th. Zacks Research upgraded shares of Itron from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 27th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Itron in a report on Wednesday, August 5th. Finally, Seaport Research Partners reiterated a “buy” rating and set a $150.00 target price on shares of Itron in a research note on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $131.33.

Check Out Our Latest Analysis on Itron

Insider Buying and Selling at Itron

In other Itron news, SVP Donald Reeves, III sold 283 shares of the business’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $99.99, for a total transaction of $28,297.17. Following the transaction, the senior vice president owned 27,662 shares in the company, valued at approximately $2,765,923.38. The trade was a 1.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP John F. Marcolini sold 331 shares of the firm’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $98.79, for a total value of $32,699.49. Following the completion of the sale, the senior vice president directly owned 12,683 shares of the company’s stock, valued at $1,252,953.57. This represents a 2.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 7,693 shares of company stock valued at $759,475. 1.77% of the stock is owned by corporate insiders.

Itron Company Profile

(Free Report)

Itron, Inc (NASDAQ: ITRI) is a global technology company that develops innovative solutions to measure, manage and analyze the use of energy and water. Its comprehensive portfolio includes smart meters, data collection devices, communication networks and advanced software applications designed to optimize utility operations and foster sustainable resource management. The company’s offerings enable utilities and cities to accurately monitor consumption patterns, streamline billing processes and improve grid reliability.

Itron’s product lineup spans a range of hardware and software solutions, from residential and commercial smart meters to meter data management systems (MDMS), networked communication platforms and analytics tools.