Key Points
- CFO Joan Hooper sold 3,533 shares on Feb. 26 at an average price of $95.92 for about $338,885, lowering her ownership by 2.90% to 118,275 shares; the transaction was disclosed on an SEC Form 4.
- Itron reported strong quarterly results on Feb. 17 with $2.46 EPS (beat by $0.27) and $571.66M revenue, set Q1 2026 guidance of 1.200–1.300 EPS and FY 2026 guidance of 5.750–6.250 EPS, and currently carries a consensus analyst rating of "Moderate Buy" with a $138.56 price target.
Itron, Inc. (NASDAQ:ITRI - Get Free Report) CFO Joan Hooper sold 3,533 shares of the stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $95.92, for a total transaction of $338,885.36. Following the completion of the transaction, the chief financial officer directly owned 118,275 shares in the company, valued at $11,344,938. This trade represents a 2.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Itron Stock Performance
Shares of Itron stock opened at $95.16 on Tuesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.80 and a quick ratio of 1.56. The stock has a market capitalization of $4.28 billion, a price-to-earnings ratio of 14.62, a PEG ratio of 0.82 and a beta of 1.44. Itron, Inc. has a 12 month low of $88.57 and a 12 month high of $142.00. The firm's fifty day simple moving average is $97.79 and its 200-day simple moving average is $108.67.
Itron (NASDAQ:ITRI - Get Free Report) last released its quarterly earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $2.46 EPS for the quarter, topping the consensus estimate of $2.19 by $0.27. Itron had a return on equity of 20.04% and a net margin of 12.72%.The business had revenue of $571.66 million during the quarter, compared to analysts' expectations of $561.31 million. During the same quarter in the prior year, the business earned $1.35 earnings per share. The company's quarterly revenue was down 6.7% compared to the same quarter last year. Itron has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 5.750-6.250 EPS. As a group, equities analysts forecast that Itron, Inc. will post 5.33 earnings per share for the current year.
Analysts Set New Price Targets
Several research firms have recently issued reports on ITRI. Argus reaffirmed a "hold" rating on shares of Itron in a research note on Tuesday, November 4th. Johnson Rice upgraded Itron from an "accumulate" rating to a "buy" rating and set a $130.00 price objective on the stock in a report on Monday, January 5th. Zacks Research raised shares of Itron from a "strong sell" rating to a "hold" rating in a research report on Thursday, February 26th. Weiss Ratings downgraded Itron from a "buy (b-)" rating to a "hold (c+)" rating in a report on Monday, January 12th. Finally, Stephens upgraded shares of Itron from an "equal weight" rating to an "overweight" rating and set a $130.00 target price on the stock in a report on Monday, November 3rd. Seven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, Itron presently has a consensus rating of "Moderate Buy" and a consensus price target of $138.56.
View Our Latest Stock Analysis on ITRI
Institutional Trading of Itron
Hedge funds have recently added to or reduced their stakes in the business. Private Trust Co. NA raised its holdings in Itron by 112.4% during the fourth quarter. Private Trust Co. NA now owns 274 shares of the scientific and technical instruments company's stock worth $25,000 after purchasing an additional 145 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new position in Itron in the 2nd quarter worth about $30,000. Employees Retirement System of Texas purchased a new position in shares of Itron in the third quarter worth approximately $32,000. Bessemer Group Inc. raised its stake in Itron by 125.7% during the 2nd quarter. Bessemer Group Inc. now owns 255 shares of the scientific and technical instruments company's stock valued at $34,000 after purchasing an additional 142 shares during the period. Finally, Optiver Holding B.V. acquired a new position in shares of Itron in the 3rd quarter valued at about $36,000. Institutional investors own 96.19% of the company's stock.
Itron Company Profile
(
Get Free Report)
Itron, Inc (NASDAQ: ITRI) is a global technology company that develops innovative solutions to measure, manage and analyze the use of energy and water. Its comprehensive portfolio includes smart meters, data collection devices, communication networks and advanced software applications designed to optimize utility operations and foster sustainable resource management. The company's offerings enable utilities and cities to accurately monitor consumption patterns, streamline billing processes and improve grid reliability.
Itron's product lineup spans a range of hardware and software solutions, from residential and commercial smart meters to meter data management systems (MDMS), networked communication platforms and analytics tools.
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