Select Equity Group, L.P. 13F: Adds $57M to ITT Stake

Select Equity Group Expands Stake in ITT Inc.

Select Equity Group, L.P. raised its exposure to ITT Inc. (NYSE: ITT) by boosting its stake during the period, according to a Form 13F filed with the Securities and Exchange Commission. The fund is known for taking deliberate positions in established industrial and tech names, and this latest move signals further accumulation in the maker of engineered components. Because 13F reports look backward at past quarters, this filing captures the portfolio layout as of May 15, 2026, and might not show subsequent trades.

Position Details and Share Count Changes

The firm grew its position by adding 288,215 shares to its portfolio. This purchase marked a 7.95% increase from its previous holdings of 3,625,271 shares. By the close of the period, Select Equity Group owned 3,913,486 shares of the industrial components maker. The total value of the stake reached approximately $773.9 million based on the reported figures.

ITT Stock Context and Market Standing

Shares of ITT traded near $197.76 on the open market, sitting comfortably between its 52-week low of $166.96 and high of $230.32. The company carries a market valuation in the billions, backed by steady demand across its transport and energy segments. Its trailing price-to-earnings ratio sits at 40.41, while the forward P/E rests at 21.41 as future earnings projections evolve.

Recent Earnings Performance

For its financial performance, the company generated $4.74 billion in total revenue with a growth rate of 0.515%. Profitability metrics include an earnings per share figure of $5.09, paired with a net margin of 8.896% and a return on equity of 11.569%. Investors keep an eye on upcoming operational milestones ahead of the next scheduled earnings update on October 27, 2026.

Dividend Distribution Details

Income-focused investors collect a regular payout from the manufacturer. ITT distributes an annual dividend rate of $1.54 per share, translating to a dividend yield of 0.76%. The payout ratio sits at 0.289, showing that a modest share of earnings goes toward shareholder distributions while the rest stays inside the business for growth.

Analysts Set New Price Targets

Wall Street research firms have actively adjusted their outlooks on the stock in recent months. On August 11, 2026, DA Davidson maintained a Buy rating on the stock while raising its price target to $265.0 from $255.0. Citigroup kept a Buy rating on August 7, 2026, lifting its target to $267.0. Keybanc maintained an Overweight rating on August 7, 2026, setting its target at $263.0. Stifel kept a Buy rating on July 20, 2026, with a target of $250.0. Wolfe Research upgraded the stock to an Outperform rating on July 09, 2026, with a target of $229.0. Across the broader analyst community, the stock holds a consensus recommendation of Strong Buy.

What ITT Does

Headquartered in Stamford, Connecticut, ITT Inc. manufactures engineered critical components and customized technology solutions. The firm serves transportation, industrial, and energy markets through segments that build braking systems, industrial pumps, and specialized connectors for aerospace and defense clients.

Outlook and What to Watch Next

As institutional investors file their periodic reports, market participants look toward upcoming financial releases to gauge operational momentum. The company's next earnings report on October 27, 2026, will provide fresh numbers on revenue trends and margin stability.