Livforsakringsbolaget Skandia, Omsesidigt 13F: Cuts ITT Stake by $4.9M

Livforsakringsbolaget Skandia drastically reduced its investment in ITT Inc. (NYSE:ITT), according to a Form 13F filing filed on October 21, 2026. The institutional investor sold off a large portion of its holdings during the period, shifting its portfolio allocation away from the specialty industrial machinery maker.

ITT ITT Inc.

$190.34 ▲ +9.91% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Livforsakringsbolaget Skandia's ITT Position

Livforsakringsbolaget Skandia cut its holdings by 23,300 shares, representing a 98.7% reduction from its previous stake of 23,600 shares. The fund ended the period with just 300 shares of ITT, carrying a reported value of about $62,733 based on the filing details.

Other Institutional Activity in ITT

Other major shareholders made notable adjustments to their ITT positions during the quarter. Capital International Investors grew its holdings by 108,990 shares, ending with 6,130,535 shares worth about $1,167,437,735. Alliancebernstein L.P. lifted its stake by 629,809 shares, finishing with 3,567,353 shares valued at approximately $679,331,005. Meanwhile, Select Equity Group LP trimmed its position by 446,895 shares, leaving it with 3,466,371 shares worth about $660,101,004.

ITT Inc. Stock Up 0.4%

ITT Inc. shares closed at $200.34 on the filing date of October 21, 2026. The stock recently traded around $201.09, up about 0.4% since that filing. The shares sit below their 50-day moving average of $204.70 and above their 200-day moving average of $198.65. Over the past year, the stock has traded between a low of $166.96 and a high of $230.32.

Recent Earnings

The company reported trailing-twelve-month revenue of $4,738,100,224 alongside earnings of $5.11 per share. Profitability metrics show a net margin of 8.9% and a return on equity of 11.6%. Year-over-year revenue growth stood at 51.5%. The company's next earnings report is scheduled for November 4, 2026.

Dividend

ITT pays an annual dividend rate of $1.54 per share, which translates to a dividend yield of 0.77%. The company pays out 28.8% of its earnings as dividends.

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 a price of $208.41 for a total value of $41,682. On May 8, 2026, officer Lori B Marino sold 7,123 shares worth $1,483,527. On August 7, 2026, Cheryl De Mesa Graziano sold another 700 shares at $214.54, totaling $150,175. Later, on August 31, 2026, officer and director Luca Savi bought 5,019 shares at $199.56, worth $1,001,592.

Analysts Set New Price Targets

Wall Street firms updated their views on ITT ahead of the filing. On July 9, 2026, Wolfe Research upgraded the stock to an Outperform rating with a $229.00 price target. Stifel maintained a Buy rating on July 20, 2026, raising its target from $246.00 to $250.00. Citigroup maintained a Buy rating on August 7, 2026, lifting its target from $254.00 to $267.00. Keybanc maintained an Overweight rating on August 7, 2026, boosting its target from $250.00 to $263.00. DA Davidson maintained a Buy rating on August 11, 2026, raising its target from $255.00 to $265.00. Overall, the stock holds a consensus rating of strong_buy with a mean price target of $257.77 across 13 analyst opinions.

About ITT

Headquartered in Stamford, Connecticut, ITT Inc. designs and manufactures engineered components and customized technology solutions for the transportation, industrial, and energy sectors. The company operates through three primary business segments focused on motion technologies, industrial processes, and connect and control technologies.

Bottom Line

Investors will look toward ITT's upcoming earnings release on November 4, 2026, for fresh details on operational performance. Institutional ownership changes and upcoming regulatory filings will continue to shape market sentiment for the industrial components maker.