Gw&K Investment Management Reduces $12M in ITT Inc. ($ITT)

The investment firm reduced its position in ITT Inc. by 7.4%, holding 796,746 shares as of the latest filing.

Key Points

  • Gw&K Investment Management reduced its ITT Inc. stake by 63,941 shares, a 7.4% decrease, now holding 796,746 shares valued at $150.7 million.
  • ITT Inc. trades at $189.13 with a market cap of $16.99 billion, a P/E ratio of 33.36, and a 52-week range of $149.02 to $225.26.
  • Insider buying activity included shares purchased by several executives; analysts maintain positive ratings with price targets up to $255.

On May 13, 2026, Gw&K Investment Management trimmed its stake in ITT Inc. (NYSE:ITT) by 63,941 shares. This change represents a 7.4% reduction, leaving the firm with 796,746 shares valued at approximately $150.7 million according to its latest Form 13F filing with the SEC.

What Changed in Gw&K Investment Management's ITT Inc. Position

Gw&K Investment Management reduced its holdings in ITT Inc. from 860,687 shares to 796,746 shares, a decrease of 63,941 shares or 7.4%. The current value of this position is around $150.7 million.

Other Institutional Activity in ITT Inc.

Several other institutional investors also made changes to their ITT Inc. positions. BlackRock, Inc. increased its holdings by 518,352 shares, ending with 8,429,785 shares worth about $1.61 billion. Capital International Investors reduced its position by 2,775,610 shares, now holding 6,021,555 shares valued at approximately $1.15 billion. FMR LLC added 176,123 shares to its portfolio, bringing its total to 4,919,035 shares with a value of $937.2 million. Meanwhile, JPMorgan Chase & Co reduced its stake by 202,417 shares, holding 4,228,168 shares valued at $765.4 million. Vanguard Portfolio Management LLC reported a new position with 4,177,673 shares valued at $795.97 million.

ITT Inc. Stock Snapshot

Shares of ITT Inc. (NYSE:ITT) are trading near $189.13. The company has a market capitalization of $16.99 billion and a P/E ratio of 33.36. ITT's stock has a 52-week low of $149.02 and a high of $225.26. It has a 50-day moving average of $203.94 and a 200-day moving average of $188.43. The company's beta is 1.275, indicating a higher volatility compared to the market.

Recent Earnings

ITT Inc. reported revenue of $4.24 billion with a growth of 32.7%. The company achieved a net margin of 10.8% and a return on equity of 12.3%. Earnings per share came in at $5.67. The next earnings report is expected on July 30, 2026.

Dividend

ITT Inc. pays an annual dividend rate of $1.54, yielding 0.82%. The dividend payout ratio is 25.38%, indicating a conservative payout relative to earnings.

Insider Buying and Selling at ITT Inc.

On May 21, 2026, several insiders at ITT Inc., including Sharon Szafranski, Kevin Berryman, Christopher O'Shea, Rebecca Ann McDonald, Douglas Delgrosso, and Maggie Chu, each purchased 935 shares. These transactions were not part of a pre-planned trading program.

Analysts Set New Price Targets

On May 11, 2026, DA Davidson maintained its 'buy' rating on ITT Inc. with a price target of $255. Citigroup also maintained a 'buy' rating with a target of $254 on May 7, 2026. Barclays, on the same day, reiterated its 'hold' rating with a price target of $230. Keybanc kept its 'buy' rating, setting a target of $250. The consensus among analysts is a 'buy' rating with a mean price target of $244.77 based on 13 opinions.

About ITT Inc.

ITT Inc., based in Stamford, Connecticut, designs and manufactures critical components and customized technology solutions for transportation, industrial, and energy markets. The company operates in three segments: Motion Technologies, Industrial Process, and Connect & Control Technologies. Led by CEO Luca Savi, ITT has around 11,600 employees and a global presence across North America, Europe, Asia, and other regions.

Bottom Line

Gw&K Investment Management's reduction in ITT Inc. shares highlights the dynamic nature of institutional investments. ITT's stock performance, coupled with insider buying and positive analyst ratings, keeps it on the radar for investors. Remember, 13F filings are historical and may not reflect current positions.

See Also

This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.