Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of ITT Inc. (NYSE:ITT)

14 Oct 2026, 08:03 by Scott Moore · The Cerbat Gem

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of ITT Inc. (NYSE:ITT). In a filing disclosed on October 12th, the Representative disclosed that they had sold between $15,001 and $50,000 in ITT stock on September 29th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

Purchased $15,001 – $50,000 in shares of Benchmark Electronics (NYSE:BHE) on 10/1/2026.
Sold $1,001 – $15,000 in shares of Oxford Industries (NYSE:OXM) on 9/29/2026.
Sold $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 9/29/2026.
Sold $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 9/29/2026.
Purchased $1,001 – $15,000 in shares of Tandem Diabetes Care (NASDAQ:TNDM) on 9/29/2026.
Purchased $1,001 – $15,000 in shares of Cytokinetics (NASDAQ:CYTK) on 9/29/2026.
Purchased $1,001 – $15,000 in shares of Ultragenyx Pharmaceutical (NASDAQ:RARE) on 9/29/2026.
Purchased $1,001 – $15,000 in shares of YETI (NYSE:YETI) on 9/29/2026.
Sold $1,001 – $15,000 in shares of AtriCure (NASDAQ:ATRC) on 9/29/2026.
Purchased $1,001 – $15,000 in shares of Alkermes (NASDAQ:ALKS) on 9/29/2026.

ITT Trading Down 0.2%

ITT opened at $201.54 on Wednesday. The stock’s 50 day moving average price is $206.12 and its 200-day moving average price is $201.29. The stock has a market cap of $18.02 billion, a price-to-earnings ratio of 39.52, a P/E/G ratio of 1.65 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. ITT Inc. has a one year low of $166.96 and a one year high of $230.32.

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, beating analysts’ consensus estimates of $1.92 by $0.16. ITT had a net margin of 8.90% and a return on equity of 15.90%. The company had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.39 billion. During the same quarter last year, the business posted $1.64 EPS. 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, equities analysts forecast that ITT Inc. will post 8.25 EPS for the current year.

ITT Dividend Announcement

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

Analyst Ratings Changes

ITT has been the subject of several recent analyst reports. Stifel Nicolaus raised their price target 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 “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Wolfe Research began 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. KeyCorp increased their price objective on shares of ITT from $250.00 to $263.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $273.00 price objective on shares of ITT in a research report on Friday, August 7th. Eight research 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 company currently has a consensus rating of “Moderate Buy” and an average price target of $259.56.

Check Out Our Latest Report on ITT

Institutional Trading of ITT

Large investors have recently added to or reduced their stakes in the stock. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of ITT in the 2nd quarter valued at approximately $28,000. Bayban acquired a new stake in shares of ITT during the fourth quarter worth approximately $31,000. Trust Co. of Vermont bought a new stake in shares of ITT in the second quarter worth $33,000. Ascentis Independent Advisors acquired a new position in ITT during the first quarter worth about $42,000. Finally, Transamerica Financial Advisors LLC bought a new stake in ITT in the second quarter worth about $43,000. 91.59% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at ITT

In other ITT news, CEO Luca Savi purchased 5,019 shares of the business’s stock in a transaction on Monday, August 31st. The stock was bought at an average cost 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 $53,356,955.88. The trade was a 1.91% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Graziano De sold 700 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were 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 of the company’s stock, valued at approximately $1,535,891.86. This trade represents a 8.91% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.88% of the stock is currently owned by corporate insiders.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

ITT Company Profile

(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.