ITT (NYSE:ITT) Shares Break Above 200 Day Moving Average – What’s Next?

Posted by Geri Gentry on Oct 7th, 2026

ITT Inc. (NYSE:ITT – Get Free Report) shares passed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $200.74 and traded as high as $208.97. ITT shares last traded at $206.8780, with a volume of 726,986 shares changing hands.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on ITT. KeyCorp lifted their price objective on shares of ITT from $250.00 to $263.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Weiss Ratings raised shares of ITT from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, September 4th. Stifel Nicolaus raised their price target on shares of ITT from $246.00 to $250.00 and gave the stock a “buy” rating in a report on Monday, July 20th. DA Davidson lifted their price target on shares of ITT from $255.00 to $265.00 and gave the company a “buy” rating in a research note on Tuesday, August 11th. Finally, Wolfe Research assumed coverage on shares of ITT in a report on Tuesday, September 15th. They set an “outperform” rating and a $272.00 price objective on the stock. Eight research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, ITT has a consensus rating of “Moderate Buy” and an average price target of $259.56.

Check Out Our Latest Stock Analysis on ITT

ITT Price Performance

The firm has a market cap of $17.90 billion, a price-to-earnings ratio of 39.26, a P/E/G ratio of 1.69 and a beta of 1.25. 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 business has a 50 day simple moving average of $205.72 and a 200-day simple moving average of $200.89.

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

ITT Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 5th. Shareholders of record on Tuesday, September 8th were paid a dividend of $0.3860 per share. The ex-dividend date was Tuesday, September 8th. This represents a $1.54 annualized dividend and a yield of 0.8%. ITT’s dividend payout ratio (DPR) is 30.20%.

Insiders Place Their Bets

In other news, CEO Luca Savi purchased 5,019 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The shares were bought at an average cost of $199.56 per share, with a total value of $1,001,591.64. Following the completion of the transaction, the chief executive officer directly owned 267,373 shares of the company’s stock, valued at approximately $53,356,955.88. This trade represents a 1.91% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Graziano De sold 700 shares of the business’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 transaction, the chief accounting officer owned 7,159 shares in the company, valued at approximately $1,535,891.86. This trade represents a 8.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.88% of the stock is owned by insiders.

Hedge Funds Weigh In On ITT

Several hedge funds have recently modified their holdings of the company. CX Institutional boosted its stake in shares of ITT by 30.3% in the 3rd quarter. CX Institutional now owns 972 shares of the conglomerate’s stock worth $196,000 after buying an additional 226 shares during the last quarter. QRG Capital Management Inc. increased its position in shares of ITT by 27.8% during the second quarter. QRG Capital Management Inc. now owns 2,660 shares of the conglomerate’s stock valued at $526,000 after acquiring an additional 578 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in ITT by 104.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 3,545 shares of the conglomerate’s stock worth $701,000 after acquiring an additional 1,812 shares during the period. Sequoia Financial Advisors LLC lifted its holdings in ITT by 17.1% during the second quarter. Sequoia Financial Advisors LLC now owns 44,405 shares of the conglomerate’s stock worth $8,782,000 after acquiring an additional 6,500 shares during the period. Finally, Engineers Gate Manager LP boosted its position in ITT by 19.3% in the second quarter. Engineers Gate Manager LP now owns 385,727 shares of the conglomerate’s stock worth $76,281,000 after purchasing an additional 62,371 shares during the last quarter. Institutional investors own 91.59% of the company’s stock.

About ITT

(Get Free Report)

ITT Inc (NYSE: ITT) is a global manufacturer of highly engineered components and technologies serving the transportation, energy, industrial, infrastructure, and aerospace and defense markets. The company develops products designed to support critical applications where reliability, performance, and safety are essential.

ITT operates through three principal business segments: Motion Technologies, Industrial Process, and Connect & Control Technologies. Its products include brake pads and friction materials, shock absorbers, pumps, valves, monitoring and control systems, connectors, switches, and other specialized components.