Cibc World Market Inc. Acquires Shares of 81,522 ITT Inc. $ITT

Posted by George Bondi on Aug 25th, 2026

Cibc World Market Inc. bought a new position in ITT Inc. (NYSE:ITT – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 81,522 shares of the conglomerate’s stock, valued at approximately $16,122,000. Cibc World Market Inc. owned 0.09% of ITT at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in ITT in the 2nd quarter worth approximately $28,000. Elyxium Wealth LLC purchased a new stake in shares of ITT during the fourth quarter valued at approximately $29,000. Bayban purchased a new stake in shares of ITT during the fourth quarter valued at approximately $31,000. Trust Co. of Vermont acquired a new position in shares of ITT during the second quarter worth $33,000. Finally, Parkside Financial Bank & Trust boosted 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 valued at $34,000 after purchasing an additional 76 shares during the period. Institutional investors and hedge funds own 91.59% of the company’s stock.

Insider Buying and Selling

In other ITT news, CAO Mesa Graziano Cheryl De sold 700 shares of the company’s stock in a transaction that occurred 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 sale, the chief accounting officer owned 7,159 shares in the company, valued at $1,535,891.86. This 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 this link. Company insiders own 0.88% of the company’s stock.

ITT Trading Down 1.5%

ITT opened at $204.93 on Tuesday. ITT Inc. has a 12-month low of $166.96 and a 12-month high of $230.32. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.26 and a quick ratio of 0.85. The stock has a market capitalization of $18.32 billion, a PE ratio of 40.18, a P/E/G ratio of 1.70 and a beta of 1.27. The firm’s fifty day moving average price is $199.21 and its 200 day moving average price is $199.47.

ITT (NYSE:ITT – Get Free Report) last announced its quarterly earnings data 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. The company had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.39 billion. ITT had a net margin of 8.90% and a return on equity of 15.90%. The firm’s revenue for the quarter was up 51.5% compared to the same quarter last year. During the same period last year, the business earned $1.64 EPS. ITT has set its FY 2026 guidance at 8.120-8.320 EPS. As a group, research analysts expect that ITT Inc. will post 8.25 EPS for the current fiscal year.

ITT Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Citigroup raised their price target on shares of ITT from $254.00 to $267.00 and gave the company a “buy” rating in a report on Friday, August 7th. Stifel Nicolaus upped their price objective on shares of ITT from $246.00 to $250.00 and gave the company a “buy” rating in a research report on Monday, July 20th. Barclays raised their target price on ITT from $210.00 to $230.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. DA Davidson boosted their price target on ITT from $255.00 to $265.00 and gave the stock a “buy” rating in a research note on Tuesday, August 11th. Finally, Wall Street Zen downgraded ITT from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, ITT currently has a consensus rating of “Moderate Buy” and a consensus price target of $241.08.

Read Our Latest Stock Report on ITT

ITT 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.