ITT (NYSE:ITT) Releases FY 2026 Earnings Guidance

by · The Markets Daily

ITT (NYSE:ITT – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 8.120-8.320 for the period, compared to the consensus EPS estimate of 7.920. The company issued revenue guidance of -.

ITT Stock Down 0.2%

Shares of NYSE ITT traded down $0.45 during mid-day trading on Friday, reaching $213.96. 205,559 shares of the company’s stock were exchanged, compared to its average volume of 933,755. The business has a fifty day simple moving average of $193.78 and a 200 day simple moving average of $196.90. ITT has a twelve month low of $164.00 and a twelve month high of $230.32. The company has a current ratio of 1.53, a quick ratio of 1.01 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $19.13 billion, a price-to-earnings ratio of 37.69, a PEG ratio of 1.92 and a beta of 1.27.

ITT (NYSE:ITT – Get Free Report) last announced its quarterly earnings results 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 10.80% and a return on equity of 16.83%. The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same quarter in the previous year, the firm posted $1.64 earnings per share. The business’s revenue was up 51.5% on a year-over-year basis. ITT has set its FY 2026 guidance at 8.120-8.320 EPS. As a group, equities analysts expect that ITT will post 7.89 EPS for the current fiscal year.

ITT Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 5th. Investors of record on Tuesday, September 8th will be issued a dividend of $0.386 per share. The ex-dividend date is Tuesday, September 8th. This represents a $1.54 dividend on an annualized basis and a dividend yield of 0.7%. ITT’s dividend payout ratio (DPR) is presently 27.16%.

Wall Street Analysts Forecast Growth

ITT has been the topic of several research reports. Barclays boosted 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. Stifel Nicolaus raised their price objective on ITT from $246.00 to $250.00 and gave the company a “buy” rating in a report on Monday, July 20th. Wall Street Zen downgraded shares of ITT from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings lowered ITT from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, May 13th. Finally, Robert W. Baird set a $246.00 target price on shares of ITT in a report on Thursday, May 7th. Eleven 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, the company has an average rating of “Moderate Buy” and a consensus price target of $239.17.

View Our Latest Research Report on ITT

Trending Headlines about ITT

Here are the key news stories impacting ITT this week:

  • Positive Sentiment: Management raised its 2026 adjusted EPS outlook to $8.12–$8.32, or $8.22 at the midpoint, from $7.70–$8.00 previously. The company also increased its organic revenue-growth forecast to 5%–8% from 4%–6% and raised expectations for revenue, margins and cash flow. ITT guidance article
  • Positive Sentiment: The SPX FLOW acquisition was the primary growth driver, contributing to a 123% increase in Flow Technologies revenue. ITT said integration and cost synergies are progressing ahead of plan, while debt repayment is reducing leverage faster than expected. ITT Q2 deep dive
  • Positive Sentiment: The earnings beat and improved outlook provide a clear near-term catalyst, with analysts’ reported median price target of $241.50 implying additional upside from recent trading levels. Why ITT stock is up
  • Neutral Sentiment: ITT declared a quarterly dividend of $0.386 per share, payable October 5 to shareholders of record September 8. The approximately 0.7% yield adds modest income support but is unlikely to be the primary stock catalyst.
  • Negative Sentiment: Acquisition-related integration is creating some margin dilution: reported operating income rose only 3%, despite the substantial revenue increase. In addition, reported GAAP EPS declined to $0.95, making continued execution on synergies important.
  • Negative Sentiment: Valuation remains elevated at roughly 37.7 times earnings, and reported data shows ITT insiders—including CEO Luca Savi—made multiple share sales without purchases during the past six months. These factors could limit further gains if growth or integration progress disappoints.

Hedge Funds Weigh In On ITT

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ITT. Compound Planning Inc. lifted its position in shares of ITT by 8.1% during the 4th quarter. Compound Planning Inc. now owns 2,335 shares of the conglomerate’s stock valued at $405,000 after acquiring an additional 175 shares during the period. Invesco Ltd. increased its position in shares of ITT by 15.2% in the fourth quarter. Invesco Ltd. now owns 1,300,760 shares of the conglomerate’s stock worth $225,695,000 after purchasing an additional 171,827 shares during the period. Corient Private Wealth LLC raised its stake in ITT by 399.1% in the fourth quarter. Corient Private Wealth LLC now owns 59,677 shares of the conglomerate’s stock valued at $10,355,000 after purchasing an additional 47,719 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its stake in ITT by 57.9% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 12,238 shares of the conglomerate’s stock valued at $2,123,000 after purchasing an additional 4,486 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in ITT by 9.2% during the fourth quarter. Raymond James Financial Inc. now owns 614,616 shares of the conglomerate’s stock worth $108,295,000 after purchasing an additional 51,947 shares during the period. 91.59% of the stock is owned by institutional investors and hedge funds.

About ITT

(Get 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.

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