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What smart money is saying about ItronUnited States flag

ITRI · Technology · Hardware, Equipment & Parts · Market cap $4.48B

2 funds in our archive have pitched Itron — most recently Signia Capital Management Small Cap Value Strategy in June 2026.

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 four segments: Device Solutions, Networked Solutions, Outcomes, and Resiliency Solution. 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. The Networked Solutions segment provides communicating devices, such as smart meters, modules, endpoints, and sensors; network infrastructure; network design services; and associated heat-end management and application software for acquiring and transporting application-specific data. This segment also products and software for the implementation, installation, and management of communicating devices and data networks; offers industrial internet of things solutions, including automated meter reading; advanced metering infrastructure for electricity, water, and gas; distributed energy resource management; grid edge devices; distribution automation communications; smart lighting; and smart city sensors and applications. The Outcomes segment provides value-added, enhanced software and services, artificial intelligence, and machine learning, statistical modeling, and other analytics. The Resiliency Solutions segment offers software and services. The company offers implementation, project management, installation, consulting, and post-sale maintenance support services, as well as cloud and software-as-a-service; and extended or customer-specific warranties. It offers its products and services under the Itron brand. The company serves utility and smart city customers, and municipalities through its sales force, distributors, agents, partners, and meter manufacturer representatives. Itron, Inc. was incorporated in 1977 and is headquartered in Liberty Lake, Washington.

2
Reported positions
1
Bought
0
Sold
3
Letters

Position history

Between Q4 2025 and Q2 2026, 2 fund letters reported a position in Itron1 opened or added to the position.

Fund letters reporting a position in Itron, by quarter
QuarterLettersBoughtSoldTheses
Q2 20262101
Q4 20250001

Fund activity · 2 positions · 1 move

  • HoldsGuinness Sustainable Energy Fund (Guinness Global Investors)
    June 2026
    Itron has a heritage in manufacturing smart meters and is increasingly providing services and consulting to utilities around this installed base to enable more efficient utilisation of the grid.
    Read the letterItron
  • New positionSignia Capital Management Small Cap Value Strategy
    June 2026
    Itron (ITRI) was a new addition to our Small Cap Value portfolio in Q2 2026.
    Read the letterItron

Fund coverage · 2 theses

  • Signia Capital Management Small Cap Value Strategy
    June 2026

    Itron is the leading utility meter and grid infrastructure provider, and the fund likes its shift toward higher-margin recurring software and analytics revenue with multiple expansion potential.

    Read the full thesis
  • Aristotle Small Mid Cap Equity
    December 2025

    Itron is a smart metering provider expected to benefit from grid modernization despite temporary regulatory delays.

    Read the full thesis

Read every full thesis on Itron

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