ItronITRI
Market Cap: $4.35B
About: Itron Inc provides solutions that measure, manage, and analyze energy and water use. It operates under the Itron brand and manages and reports under three operating segments: Device Solutions, Networked Solutions, and Outcomes. The device Solutions segment includes hardware products used for measurement, control, or sense that do not have communications capability embedded for use with broader Itron systems. The networked Solutions segment includes a combination of communicating devices, network infrastructure, and associated application software designed and sold as a complete solution. The outcome segment includes their value-added, enhanced software and services which manage, organize, analyze, and interpret data to improve decision-making and maximize operational profitability.
Employees: 5,859
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
355% more call options, than puts
Call options by funds: $134M | Put options by funds: $29.4M
57% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 44
25% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 5 (+1) [Q2]
10% more capital invested
Capital invested by funds: $4.1B [Q1] → $4.52B (+$426M) [Q2]
7% more funds holding
Funds holding: 373 [Q1] → 398 (+25) [Q2]
2.32% more ownership
Funds ownership: 97.35% [Q1] → 99.67% (+2.32%) [Q2]
4% less repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 150
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Roth MKM Chip Moore 39% 1-year accuracy 11 / 28 met price target | 29%upside $125 | Buy Maintained | 21 Aug 2024 |
Stephens & Co. Tommy Moll 92% 1-year accuracy 22 / 24 met price target | 14%upside $110 | Equal-Weight Reiterated | 5 Aug 2024 |
Roth MKM Chip Moore 39% 1-year accuracy 11 / 28 met price target | 29%upside $125 | Buy Maintained | 2 Aug 2024 |
Baird Ben Kallo 54% 1-year accuracy 15 / 28 met price target | 27%upside $123 | Outperform Maintained | 2 Aug 2024 |
Piper Sandler Kashy Harrison 58% 1-year accuracy 25 / 43 met price target | 14%upside $110 | Neutral Maintained | 22 Jul 2024 |
Financial journalist opinion
Based on 6 articles about ITRI published over the past 30 days