Itron, Inc. (NASDAQ:ITRI – Free Report) – Equities research analysts at Zacks Research lifted their FY2025 earnings estimates for shares of Itron in a research report issued to clients and investors on Monday, March 17th. Zacks Research analyst R. Department now forecasts that the scientific and technical instruments company will earn $5.20 per share for the year, up from their previous forecast of $4.43. The consensus estimate for Itron’s current full-year earnings is $5.33 per share. Zacks Research also issued estimates for Itron’s Q4 2025 earnings at $1.36 EPS, Q1 2026 earnings at $1.43 EPS and FY2026 earnings at $5.88 EPS.
A number of other research analysts have also weighed in on ITRI. Oppenheimer raised their price objective on Itron from $124.00 to $131.00 and gave the company an “outperform” rating in a report on Wednesday, February 26th. Guggenheim dropped their price target on Itron from $135.00 to $133.00 and set a “buy” rating for the company in a research report on Thursday, February 27th. StockNews.com downgraded Itron from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 1st. Canaccord Genuity Group upped their target price on Itron from $130.00 to $132.00 and gave the company a “buy” rating in a report on Wednesday, February 26th. Finally, Piper Sandler lifted their price target on Itron from $119.00 to $124.00 and gave the stock a “neutral” rating in a report on Thursday, February 27th. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, Itron has an average rating of “Moderate Buy” and a consensus price target of $127.64.
Itron Stock Performance
NASDAQ ITRI opened at $106.79 on Thursday. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.36 and a quick ratio of 2.83. The stock’s 50 day simple moving average is $103.96 and its 200-day simple moving average is $107.54. The company has a market cap of $4.82 billion, a PE ratio of 21.88, a price-to-earnings-growth ratio of 0.81 and a beta of 1.49. Itron has a 1-year low of $87.91 and a 1-year high of $124.90.
Insiders Place Their Bets
In other news, SVP Christopher E. Ware sold 648 shares of the firm’s stock in a transaction on Monday, February 24th. The stock was sold at an average price of $92.90, for a total transaction of $60,199.20. Following the completion of the transaction, the senior vice president now directly owns 20,326 shares in the company, valued at $1,888,285.40. This trade represents a 3.09 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO David Marshall Wright sold 317 shares of Itron stock in a transaction on Monday, February 24th. The shares were sold at an average price of $92.90, for a total value of $29,449.30. Following the completion of the sale, the chief accounting officer now directly owns 8,108 shares of the company’s stock, valued at $753,233.20. The trade was a 3.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 4,037 shares of company stock valued at $385,815 over the last 90 days. 1.45% of the stock is owned by company insiders.
Institutional Trading of Itron
Several hedge funds have recently made changes to their positions in ITRI. Norges Bank acquired a new position in shares of Itron in the fourth quarter valued at approximately $64,615,000. Erste Asset Management GmbH acquired a new position in shares of Itron in the third quarter worth $38,534,000. Bowen Hanes & Co. Inc. purchased a new stake in shares of Itron during the fourth quarter worth $27,486,000. Raiffeisen Bank International AG acquired a new stake in shares of Itron in the fourth quarter valued at $27,619,000. Finally, Franklin Resources Inc. boosted its holdings in Itron by 611.9% in the third quarter. Franklin Resources Inc. now owns 282,828 shares of the scientific and technical instruments company’s stock valued at $31,128,000 after purchasing an additional 243,102 shares during the period. Institutional investors and hedge funds own 96.19% of the company’s stock.
Itron Company Profile
Itron, Inc, a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in three segments: Device Solutions, Networked Solutions, and Outcomes. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products.
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