<div id="readability-page-1"><p>ITT Inc. (NYSE:ITT - Get Free Report) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totaling 2,034,829 shares,  an increase of 41.0% from the November 30th total of 1,442,746 shares. Currently, 2.4% of the shares of the stock are sold short. Based on an average daily volume of 1,529,072 shares, the short-interest ratio is presently 1.3 days. Based on an average daily volume of 1,529,072 shares, the short-interest ratio is presently 1.3 days. Currently, 2.4% of the shares of the stock are sold short.</p><h2>Insider Activity</h2><ul><li>Industrial Tech Crossovers: When Manufacturing Meets Innovation</li></ul><p>In related news, CAO Mesa Graziano Cheryl De sold 238 shares of the company's stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $183.08, for a total transaction of $43,573.04. Following the completion of the transaction, the chief accounting officer owned 5,062 shares in the company, valued at $926,750.96. This represents a 4.49% decrease in their position. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available at the SEC website. Also, CFO Emmanuel Caprais sold 5,500 shares of ITT stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $185.23, for a total value of $1,018,765.00. Following the completion of the sale, the chief financial officer owned 36,830 shares in the company, valued at approximately $6,822,020.90. The trade was a 12.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.47% of the stock is owned by company insiders. </p><h2>Hedge Funds Weigh In On ITT</h2><p>Several institutional investors have recently bought and sold shares of ITT. Triumph Capital Management acquired a new stake in shares of  ITT during the third quarter worth about $37,000.  Tudor Investment Corp ET AL purchased a new stake in  ITT during the 3rd quarter worth approximately $8,641,000.  Allworth Financial LP lifted its holdings in  ITT by 41.2% during the 3rd quarter. Allworth Financial LP now owns 562 shares of the conglomerate's stock worth $100,000 after buying an additional 164 shares in the last quarter.  IFP Advisors Inc boosted its position in  ITT by 4.0% in the 3rd quarter. IFP Advisors Inc now owns 1,847 shares of the conglomerate's stock valued at $330,000 after buying an additional 71 shares during the period.  Finally, Swiss Life Asset Management Ltd grew its stake in shares of  ITT by 74.1% in the third quarter. Swiss Life Asset Management Ltd now owns 3,653 shares of the conglomerate's stock worth $653,000 after acquiring an additional 1,555 shares in the last quarter. 91.59% of the stock is owned by institutional investors and hedge funds. </p><h2>ITT Trading Down 0.3%</h2><ul><li>16 Top Robotics Companies to Get to Know in 2023</li></ul><p>ITT traded down $0.45 on Monday, hitting $177.44. The company had a trading volume of 1,980,711 shares, compared to its average volume of 1,140,572. The firm has a market cap of $15.27 billion, a P/E ratio of 29.47, a PEG ratio of 2.12 and a beta of 1.37. ITT has a 1 year low of $105.64 and a 1 year high of $197.07. The company's fifty day moving average price is $180.38 and its 200 day moving average price is $171.75. The company has a current ratio of 1.52, a quick ratio of 1.05 and a debt-to-equity ratio of 0.22. </p><p>ITT (NYSE:ITT - Get Free Report) last announced its earnings results on Wednesday, October 29th. The conglomerate reported $1.78 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.11. The company had revenue of $999.10 million during the quarter, compared to analyst estimates of $973.69 million. ITT had a net margin of 12.67% and a return on equity of 18.96%. ITT's revenue was up 12.9% compared to the same quarter last year. During the same quarter last year, the firm posted $1.46 earnings per share. ITT has set its FY 2025 guidance at 6.620-6.680 EPS.  As a group, equities analysts expect that  ITT will post 6.51 earnings per share for the current year. </p><h2>ITT Announces Dividend</h2><p>The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 1st will be issued a $0.351 dividend. This represents a $1.40 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Monday, December 1st. ITT's payout ratio is currently 23.26%. </p><h2>Analyst Upgrades and Downgrades</h2><p>Several equities research analysts recently commented on ITT shares. DA Davidson  reaffirmed a &#34;buy&#34; rating and issued a $215.00 price target on shares of ITT in a report on Monday, December 8th. Bank of America raised their target price on ITT from $190.00 to $210.00 and gave the stock a &#34;buy&#34; rating in a research note on Tuesday, September 16th. Wall Street Zen raised shares of ITT from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research report on Saturday, November 1st. TD Cowen upped their price objective on shares of ITT from $170.00 to $190.00 and gave the company a &#34;buy&#34; rating in a report on Thursday, October 2nd. Finally, Weiss Ratings  reaffirmed a &#34;buy (b)&#34; rating on shares of ITT in a research note on Wednesday, October 8th. Ten investment analysts have rated the stock with a Buy rating,  According to MarketBeat.com, the company  has an average rating of &#34;Buy&#34; and a consensus price target of $207.13.</p><p><b>Read Our Latest Report on ITT</b></p><h2>About ITT</h2> (Get Free Report)<p>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.  </p><p>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 &amp; Control Technologies, which offers specialty valves, couplings, seals and proximity sensors for fuel, hydraulics and environmental control systems; and Fluid &amp; Motion Control, which delivers pumps, heat exchangers and fluid management solutions for oil and gas, chemical processing and power generation.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than ITT</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>How Long Will $1M Last in Retirement?</li><li>[No Brainer Gold Play]: “Show me a better investment.”</li><li>How to Capture a Slice of the Starlink IPO Buzz</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in ITT Right Now?</h2><p>Before you consider ITT, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ITT wasn't on the list.</p><p>While ITT currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>ITT Inc. (NYSE:ITT) experienced a significant increase in short interest, rising by 41.0% in December, totaling 2,034,829 shares as of December 15th. This represents 2.4% of the company's shares sold short, with a days-to-cover ratio of 1.3 days based on an average daily volume of 1,529,072 shares. Additionally, insider trading activity was noted, with key executives selling shares. Institutional investors hold 91.59% of the stock, and ITT's recent trading saw a slight decline of 0.3%, closing at $177.44.</p>

Short Interest in ITT Inc. (NYSE:ITT) Grows By 41.0%