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

09 Apr 2026, 14:05 by Renee Jackson · The Cerbat Gem

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of ITT Inc. (NYSE:ITT). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in ITT stock on March 3rd. 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):

Sold $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 3/27/2026.
Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 3/27/2026.
Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 3/27/2026.
Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 3/27/2026.
Sold $1,001 – $15,000 in shares of Advanced Energy Industries (NASDAQ:AEIS) on 3/27/2026.
Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 3/27/2026.
Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 3/27/2026.
Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 3/27/2026.
Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 3/27/2026.
Purchased $15,001 – $50,000 in shares of Fabrinet (NYSE:FN) on 3/27/2026.

ITT Price Performance

Shares of NYSE ITT traded up $5.78 during midday trading on Thursday, reaching $215.86. 663,910 shares of the stock traded hands, compared to its average volume of 973,050. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.58 and a quick ratio of 2.07. The stock has a market capitalization of $18.56 billion, a PE ratio of 35.33, a P/E/G ratio of 1.78 and a beta of 1.32. ITT Inc. has a one year low of $119.22 and a one year high of $216.26. The company’s 50 day moving average is $194.48 and its 200 day moving average is $184.74.

ITT (NYSE:ITT – Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The conglomerate reported $1.85 earnings per share for the quarter, topping the consensus estimate of $1.79 by $0.06. The company had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $1.01 billion. ITT had a net margin of 12.39% and a return on equity of 17.74%. ITT’s quarterly revenue was up 13.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.50 earnings per share. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. On average, equities research analysts anticipate that ITT Inc. will post 6.51 earnings per share for the current year.

ITT Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 6th. Stockholders of record on Friday, March 6th were issued a dividend of $0.386 per share. This is a positive change from ITT’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Friday, March 6th. This represents a $1.54 annualized dividend and a dividend yield of 0.7%. ITT’s payout ratio is currently 25.20%.

Institutional Investors Weigh In On ITT

Institutional investors have recently made changes to their positions in the company. iSAM Funds UK Ltd bought a new stake in shares of ITT in the third quarter valued at about $2,113,000. Chesapeake Capital Corp IL bought a new position in ITT during the 3rd quarter worth about $1,125,000. Brown Brothers Harriman & Co. grew its holdings in ITT by 86,878.2% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 267,893 shares of the conglomerate’s stock worth $47,889,000 after acquiring an additional 267,585 shares in the last quarter. Mawer Investment Management Ltd. increased its position in ITT by 23.6% during the 3rd quarter. Mawer Investment Management Ltd. now owns 402,919 shares of the conglomerate’s stock valued at $72,026,000 after purchasing an additional 76,841 shares during the period. Finally, Regents Gate Capital LLP purchased a new position in ITT during the 3rd quarter valued at about $9,381,000. Institutional investors own 91.59% of the company’s stock.

Wall Street Analysts Forecast Growth

ITT has been the topic of a number of research reports. KeyCorp boosted their target price on shares of ITT from $215.00 to $230.00 and gave the stock an “overweight” rating in a report on Friday, February 6th. The Goldman Sachs Group started coverage on shares of ITT in a report on Tuesday, March 31st. They issued a “buy” rating and a $270.00 price target for the company. Wall Street Zen upgraded ITT from a “hold” rating to a “buy” rating in a research report on Monday, March 2nd. BMO Capital Markets started coverage on ITT in a research note on Friday, March 27th. They set an “outperform” rating and a $233.00 price objective on the stock. Finally, Robert W. Baird set a $222.00 price objective on ITT in a research report on Friday, February 6th. Ten equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, ITT has a consensus rating of “Moderate Buy” and a consensus price target of $225.55.

View Our Latest Research Report on ITT

Insider Buying and Selling at ITT

In other news, CEO Luca Savi sold 63,450 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $190.69, for a total value of $12,099,280.50. Following the completion of the sale, the chief executive officer owned 262,354 shares of the company’s stock, valued at approximately $50,028,284.26. This represents a 19.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.47% of the company’s stock.

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.

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.