Key Points
- Itron SVP Donald Reeves III sold 283 shares at an average price of $99.99, totaling $28,297.17. The sale was executed under a pre-arranged Rule 10b5-1 plan, and he retained 27,662 shares.
- Itron’s latest quarter showed mixed results: EPS of $1.59 beat estimates of $1.29, while revenue fell 7.2% year over year to $562.9 million and slightly missed expectations. The company maintained 2026 EPS guidance of $6.30–$6.50.
- Analyst sentiment remains generally positive, with a consensus “Moderate Buy” rating and an average price target of $131.33. Institutional ownership is also high at 96.19%, with several major investors increasing their positions.
Itron, Inc. (NASDAQ:ITRI - Get Free Report) SVP Donald Reeves III sold 283 shares of the firm's stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $99.99, for a total value of $28,297.17. Following the completion of the sale, the senior vice president directly owned 27,662 shares in the company, valued at approximately $2,765,923.38. This represents a 1.01% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Itron Stock Performance
NASDAQ:ITRI opened at $98.86 on Thursday. Itron, Inc. has a twelve month low of $77.77 and a twelve month high of $142.00. The company has a quick ratio of 2.29, a current ratio of 2.75 and a debt-to-equity ratio of 0.96. The stock's 50-day simple moving average is $91.62 and its 200 day simple moving average is $90.06. The firm has a market capitalization of $4.33 billion, a PE ratio of 16.50, a price-to-earnings-growth ratio of 1.18 and a beta of 1.30.
Itron (NASDAQ:ITRI - Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The scientific and technical instruments company reported $1.59 earnings per share for the quarter, beating analysts' consensus estimates of $1.29 by $0.30. The company had revenue of $562.90 million for the quarter, compared to the consensus estimate of $566.34 million. Itron had a net margin of 11.90% and a return on equity of 19.26%. The firm's quarterly revenue was down 7.2% compared to the same quarter last year. During the same period last year, the company posted $1.62 EPS. Itron has set its Q3 2026 guidance at 1.500-1.600 EPS and its FY 2026 guidance at 6.300-6.500 EPS. On average, analysts anticipate that Itron, Inc. will post 6.41 EPS for the current fiscal year.
Institutional Investors Weigh In On Itron
Institutional investors have recently made changes to their positions in the stock. California State Teachers Retirement System increased its stake in shares of Itron by 7,889.6% in the second quarter. California State Teachers Retirement System now owns 4,397,628 shares of the scientific and technical instruments company's stock valued at $380,527,000 after buying an additional 4,342,586 shares during the period. Dimensional Fund Advisors LP increased its position in Itron by 20.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,536,081 shares of the scientific and technical instruments company's stock valued at $137,659,000 after purchasing an additional 265,039 shares during the period. Geode Capital Management LLC raised its holdings in Itron by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 1,144,982 shares of the scientific and technical instruments company's stock worth $106,340,000 after purchasing an additional 6,598 shares during the last quarter. First Trust Advisors LP lifted its position in shares of Itron by 22.2% in the 1st quarter. First Trust Advisors LP now owns 969,228 shares of the scientific and technical instruments company's stock worth $86,872,000 after purchasing an additional 176,053 shares during the period. Finally, Norges Bank acquired a new stake in shares of Itron during the fourth quarter worth $63,990,000. Institutional investors own 96.19% of the company's stock.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on ITRI shares. TD Cowen reduced their price objective on Itron from $145.00 to $130.00 and set a "buy" rating on the stock in a research report on Wednesday, April 29th. Roth Capital reissued a "buy" rating and set a $136.00 price target on shares of Itron in a research note on Wednesday, April 29th. Weiss Ratings restated a "hold (c)" rating on shares of Itron in a report on Wednesday, August 5th. Seaport Research Partners reaffirmed a "buy" rating and issued a $150.00 price objective on shares of Itron in a research note on Wednesday, July 29th. Finally, Needham & Company LLC raised their price objective on shares of Itron from $116.00 to $128.00 and gave the company a "buy" rating in a report on Wednesday, July 29th. Eight equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $131.33.
Get Our Latest Research Report on Itron
Itron News Roundup
Here are the key news stories impacting Itron this week:
- Positive Sentiment: Analysts remain generally optimistic about ITRI: eight rate the shares Buy, four rate them Hold and one rates them Sell. The consensus price target is $131.33, with recent Buy ratings and target increases from Needham, Seaport Research Partners and Roth Capital supporting the bullish case. Itron analyst ratings
- Positive Sentiment: Institutional ownership is high at 96.19%, and several large investors—including California State Teachers’ Retirement System, Norges Bank, Jupiter Topco, Soros Fund Management and Millennium Management—have reported new or expanded positions. This could provide support for the stock.
- Neutral Sentiment: Reported short interest was listed at zero shares, but the accompanying percentage-change data was invalid. As a result, the report provides little insight into bearish positioning or potential short-covering demand.
- Negative Sentiment: Multiple executives sold shares recently, including CFO Joan S. Hooper and several senior vice presidents. Most transactions were explicitly made to cover tax-withholding obligations tied to vested equity awards, and the executives retained substantial holdings, reducing the negative signal. However, the concentration of sales may still weigh on sentiment. Itron SEC insider-sale filing
- Negative Sentiment: Itron’s latest quarterly results were mixed: EPS of $1.59 exceeded the $1.29 consensus estimate, but revenue declined 7.2% year over year to $562.9 million and fell slightly short of expectations. The company maintained 2026 guidance of $6.30–$6.50 in EPS, but the softer revenue trend remains a fundamental risk.
Itron Company Profile
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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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