Representative April McClain Delaney (Democratic-Maryland) recently sold shares of ITT Inc. (NYSE:ITT). In a filing disclosed on September 09th, the Representative disclosed that they had sold between $250,001 and $500,000 in ITT stock on August 25th.
Representative April McClain Delaney also recently made the following trade(s):
- Sold $100,001 – $250,000 in shares of Wabtec (NYSE:WAB) on 8/25/2026.
- Sold $100,001 – $250,000 in shares of Viking (NYSE:VIK) on 8/25/2026.
- Sold $100,001 – $250,000 in shares of Trimble (NASDAQ:TRMB) on 8/25/2026.
- Sold $100,001 – $250,000 in shares of Transdigm Group (NYSE:TDG) on 8/25/2026.
- Sold $15,001 – $50,000 in shares of Tractor Supply (NASDAQ:TSCO) on 8/25/2026.
- Sold $15,001 – $50,000 in shares of Middleby (NASDAQ:MIDD) on 8/25/2026.
- Sold $15,001 – $50,000 in shares of Teledyne Technologies (NYSE:TDY) on 8/25/2026.
- Sold $100,001 – $250,000 in shares of STERIS (NYSE:STE) on 8/25/2026.
- Sold $100,001 – $250,000 in shares of Somnigroup International (NYSE:SGI) on 8/25/2026.
- Sold $100,001 – $250,000 in shares of Signet Jewelers (NYSE:SIG) on 8/25/2026.
ITT Stock Up 4.1%
ITT opened at $204.22 on Friday. The firm has a 50-day simple moving average of $201.68 and a two-hundred day simple moving average of $199.54. ITT Inc. has a 52 week low of $166.96 and a 52 week high of $230.32. The company has a market capitalization of $18.26 billion, a PE ratio of 40.04, a price-to-earnings-growth ratio of 1.60 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.
ITT Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, October 5th. Shareholders of record on Tuesday, September 8th will be paid a $0.386 dividend. The ex-dividend date is Tuesday, September 8th. This represents a $1.54 annualized dividend and a yield of 0.8%. ITT’s payout ratio is presently 30.20%.
ITT News Summary
Here are the key news stories impacting ITT this week:
- Positive Sentiment: Zacks raises multiple EPS forecasts: Zacks Research increased its FY2026 EPS estimate to $8.28 from $8.27, FY2027 to $9.10 from $9.08, and FY2028 to $10.55 from $10.53. It also raised its third-quarter and fourth-quarter 2027 estimates to $2.44 and $2.39, respectively. The FY2026 forecast is slightly above the broader $8.25 consensus, suggesting incremental confidence in ITT’s earnings outlook. ITT analyst estimate revisions
- Neutral Sentiment: Peer-performance comparison: A Zacks analysis compares ITT’s year-to-date performance with Mitsubishi Corp. and other conglomerate-sector stocks. The supplied article excerpt provides no specific performance figures or new catalyst, so its direct impact on ITT shares appears limited. ITT peer performance analysis
- Neutral Sentiment: Upcoming investor conference: ITT will participate in D.A. Davidson’s Diversified Industrials & Services Conference on September 24. The event could provide updates on demand, margins, or guidance, but the announcement itself contains no new financial targets. ITT conference announcement
- Neutral Sentiment: Unrelated article: The Nauticus Robotics announcement concerns Nauticus Robotics, ticker KITT, not ITT Inc. (NYSE: ITT), and therefore should not affect ITT’s stock.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on ITT. Stifel Nicolaus upped their price objective on ITT from $246.00 to $250.00 and gave the stock a “buy” rating in a report on Monday, July 20th. Weiss Ratings upgraded shares of ITT from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, September 4th. Wolfe Research raised shares of ITT from a “peer perform” rating to an “outperform” rating and set a $229.00 price target on the stock in a research note on Thursday, July 9th. BMO Capital Markets reissued an “outperform” rating and issued a $273.00 price objective on shares of ITT in a research note on Friday, August 7th. Finally, Citigroup upped their target price on shares of ITT from $254.00 to $267.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Ten analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $244.82.
Check Out Our Latest Analysis on ITT
Hedge Funds Weigh In On ITT
A number of large investors have recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in ITT in the 2nd quarter worth about $28,000. Elyxium Wealth LLC purchased a new position in shares of ITT during the fourth quarter valued at approximately $29,000. Bayban bought a new position in shares of ITT during the fourth quarter valued at approximately $31,000. Trust Co. of Vermont purchased a new stake in shares of ITT in the second quarter worth approximately $33,000. Finally, Parkside Financial Bank & Trust lifted its stake in shares of 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 acquiring an additional 76 shares during the last quarter. 91.59% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at ITT
In related news, CEO Luca Savi purchased 5,019 shares of the business’s stock in a transaction dated Monday, August 31st. The shares were purchased at an average cost of $199.56 per share, for a total transaction of $1,001,591.64. Following the completion of the acquisition, the chief executive officer owned 267,373 shares in the company, valued at approximately $53,356,955.88. This trade represents a 1.91% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CAO Graziano De sold 700 shares of the firm’s stock in a transaction dated 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 $1,535,891.86. This represents a 8.91% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.88% of the company’s stock.
About Representative McClain Delaney
April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.
McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.
April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.
About ITT
ITT Inc is a diversified industrial manufacturer that develops and produces highly engineered components and systems for transportation, energy, industrial, aerospace and defense, and other specialized markets. The company serves original equipment manufacturers, distributors and aftermarket customers through a portfolio of mission-critical products designed to support safety, efficiency and reliability.
ITT operates through three primary business segments. Motion Technologies supplies brake pads, friction materials, shock absorbers, dampers and related components for automotive and rail applications.
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