AMF Tjanstepension 13F: Adds $93M to ITT Stake
Key Points
- AMF Tjanstepension expanded its ITT Inc. holdings by 460,721 shares, reaching a total of 505,575 shares worth about $102.0 million in an October 22, 2026 SEC filing.
- The industrial machinery maker trades recently near $201.09, sitting below its 50-day moving average and about 12.7% under its 52-week high of $230.32.
- Wall Street maintains a strong buy outlook on ITT Inc. with a mean price target of $257.77 ahead of the company's next earnings report on November 4, 2026.
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AMF Tjanstepension grew its position in ITT Inc. (NYSE:ITT) during the quarter, according to a Form 13F filing with the Securities and Exchange Commission on October 22, 2026.
What Changed in AMF Tjanstepension's ITT Inc. Position
The fund added 460,721 shares to its portfolio, representing a 1,027.2% increase from its previous holding of 44,854 shares. That brought its total stake to 505,575 shares. The reported value of the position stood at approximately $102.0 million at the time of the filing.
Other Institutional Activity in ITT Inc.
Other large funds adjusted their positions in the industrial machinery maker around the same reporting period. Livforsakringsbolaget Skandia cut its stake by 23,300 shares to finish with 300 shares valued at about $62,733. Capital International Investors grew its holdings by 108,990 shares, or 1.8%, to end with 6,130,535 shares worth about $1.2 billion. Alliancebernstein L.P. raised its position by 629,809 shares, equal to a 21.4% increase, holding 3,567,353 shares valued at about $671.6 million. Select Equity Group LP trimmed its stake by 446,895 shares, or 11.4%, ending with 3,466,371 shares worth approximately $652.6 million.
ITT Inc. Stock Up 0.4%
ITT Inc. shares recently traded around $201.09. That puts the stock roughly 1.8% below its 50-day moving average of $204.70 and about 1.2% above its 200-day moving average of $198.65. The company has traded between a 52-week low of $166.96 and a 52-week high of $230.32, leaving the recent price about 12.7% below the peak.
Recent Earnings
ITT Inc. generated $4.7 billion in revenue over the trailing twelve months, alongside earnings of $5.11 per share. The company reports its next financial results on November 4, 2026.
Dividend
The company pays an annual dividend of $1.54 per share, which translates to a dividend yield of 0.77%. The payout ratio sits at 28.8%.
Insider Buying and Selling at ITT Inc.
Company insiders engaged in several transactions earlier in the year. On May 7, 2026, officer Cheryl De Mesa Graziano sold 200 shares at $208.41 for a total of $41,682. On May 8, 2026, officer Lori B Marino disposed of 7,123 shares worth about $1.5 million. Later, on August 7, 2026, Cheryl De Mesa Graziano sold another 700 shares at $214.54, totaling $150,175. Officer and Director Luca Savi bought 5,019 shares on August 31, 2026, at an average price of $199.56 for a total of $1.0 million.
Analysts Set New Price Targets
Wall Street analysts have updated their views on the stock through the summer. On July 9, 2026, Wolfe Research upgraded the stock to an outperform rating with a $229.00 target. Stifel maintained a buy rating on July 20, 2026, raising its target from $246.00 to $250.00. Citigroup kept a buy rating on August 7, 2026, lifting its target to $267.00 from $254.00. Keybanc maintained an overweight rating on August 7, 2026, raising its target to $263.00 from $250.00. DA Davidson kept a buy rating on August 11, 2026, adjusting its target from $255.00 to $265.00. Overall, the stock carries a consensus strong buy rating with a mean price target of $257.77.
About ITT Inc.
Headquartered in Stamford, Connecticut, ITT Inc. manufactures engineered components and customized technology solutions for transportation, industrial, and energy markets. The firm operates through three divisions focused on motion technologies, industrial processes, and connect and control technologies.
Bottom Line
Institutional interest in ITT Inc. remains active as the company approaches its next earnings update in November. Investors will monitor whether upcoming financial results support the valuation and the current analyst consensus targets.
Source: AMF Tjanstepension's 13F filing on $ITT (Oct 22, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts