Measured Wealth Private Client Group LLC Raises Holdings in Itron, Inc. (NASDAQ:ITRI)

Measured Wealth Private Client Group LLC raised its holdings in Itron, Inc. (NASDAQ:ITRI) by 9.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,814 shares of the scientific and technical instruments company’s stock after purchasing an additional 338 shares during the quarter. Measured Wealth Private Client Group LLC’s holdings in Itron were worth $414,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. The Manufacturers Life Insurance Company lifted its holdings in shares of Itron by 4.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 25,660 shares of the scientific and technical instruments company’s stock worth $2,539,000 after acquiring an additional 1,003 shares during the last quarter. Truist Financial Corp lifted its stake in Itron by 27.5% during the second quarter. Truist Financial Corp now owns 3,475 shares of the scientific and technical instruments company’s stock worth $344,000 after purchasing an additional 750 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Itron during the second quarter worth $239,000. SG Americas Securities LLC grew its stake in shares of Itron by 302.1% in the third quarter. SG Americas Securities LLC now owns 7,266 shares of the scientific and technical instruments company’s stock valued at $776,000 after buying an additional 5,459 shares in the last quarter. Finally, GAMMA Investing LLC raised its holdings in shares of Itron by 41.4% in the 3rd quarter. GAMMA Investing LLC now owns 1,018 shares of the scientific and technical instruments company’s stock valued at $109,000 after buying an additional 298 shares during the period. Institutional investors and hedge funds own 96.19% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on ITRI. Guggenheim raised their target price on Itron from $128.00 to $135.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. Oppenheimer raised their price objective on shares of Itron from $120.00 to $124.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Roth Mkm upped their target price on shares of Itron from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. StockNews.com raised shares of Itron from a “buy” rating to a “strong-buy” rating in a research report on Wednesday. Finally, Robert W. Baird increased their price objective on Itron from $123.00 to $132.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Itron has a consensus rating of “Moderate Buy” and an average price target of $123.92.

Itron Trading Down 0.6 %

NASDAQ:ITRI opened at $106.09 on Friday. Itron, Inc. has a 1 year low of $71.72 and a 1 year high of $124.90. The stock has a market cap of $4.78 billion, a P/E ratio of 21.74, a P/E/G ratio of 0.89 and a beta of 1.46. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.83 and a current ratio of 3.36. The stock has a 50-day simple moving average of $109.25 and a 200-day simple moving average of $107.03.

Itron 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.