Itron partners with EYATH S.A. to implement smart water solutions, enhancing efficiency and reducing water loss in Thessaloniki.
Quiver AI Summary
Itron, Inc. has partnered with IDATOR to modernize the water infrastructure for Thessaloniki Water Supply & Sewerage SA (EYATH S.A.) in Greece, which serves over 1.2 million residents. Over the next five years, EYATH will implement Itron’s Smart Water Solutions, including advanced smart water meters and data management systems, to support its goal of reducing water loss by 20% by 2030. These technologies will enhance leak detection, improve data accuracy, and provide actionable insights for better water management. The project is expected to create a model for other utilities by demonstrating the benefits of upgrading water infrastructure with advanced technology. The collaboration is bolstered by the on-ground support from IDATOR and its local partner FLOWTEC to ensure effective project execution.
Potential Positives
- Itron's collaboration with EYATH S.A. marks a significant project in the modernization of water infrastructure in Greece, showcasing the company's ability to manage large-scale utility transformations.
- The deployment of Itron's Smart Water Solutions, including advanced smart water meters and a comprehensive meter data management system, is positioned to substantially reduce water loss and improve operational efficiency for EYATH S.A.
- This project supports EYATH S.A.'s commitment to sustainability by aiming to reduce its water footprint by 20% by 2030, aligning with global environmental goals and enhancing Itron's reputation as an innovator in sustainable solutions.
- Itron's solutions serve as a model for other utilities, highlighting the benefits of advanced technology adoption in water management, potentially expanding Itron's market presence and influence in the utility sector.
Potential Negatives
- None
FAQ
What is the collaboration between Itron and EYATH S.A.?
Itron is partnering with EYATH S.A. to modernize water infrastructure in Thessaloniki, Greece, using smart water solutions.
How will EYATH S.A. reduce its water footprint?
EYATH S.A. aims to reduce its water footprint by 20% by 2030, focusing on minimizing water loss in treated water.
What technologies are included in Itron's Smart Water Solutions?
Itron's solutions include Intelis® wSource smart meters, a smart head-end system, and a meter data management (MDM) platform.
How do Itron's smart meters enhance water management?
The smart meters offer accurate leak detection, real-time alarms, and actionable insights to improve customer satisfaction and reduce water loss.
What role does IDATOR play in this project?
IDATOR, as an official Itron Channel Partner in Greece, provides local support and expertise for the successful deployment of the project.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ITRI Insider Trading Activity
$ITRI insiders have traded $ITRI stock on the open market 19 times in the past 6 months. Of those trades, 0 have been purchases and 19 have been sales.
Here’s a breakdown of recent trading of $ITRI stock by insiders over the last 6 months:
- THOMAS DEITRICH (President & CEO) has made 0 purchases and 2 sales selling 3,536 shares for an estimated $392,684.
- JOAN S HOOPER (SVP & CFO) has made 0 purchases and 2 sales selling 1,918 shares for an estimated $213,035.
- DONALD L. III REEVES (SVP, Outcomes) has made 0 purchases and 4 sales selling 1,609 shares for an estimated $171,102.
- JOHN F. MARCOLINI (SVP, Networked Solutions) has made 0 purchases and 2 sales selling 1,118 shares for an estimated $124,166.
- JUSTIN K PATRICK (SVP, Device Solutions) has made 0 purchases and 2 sales selling 767 shares for an estimated $85,194.
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- LAURIE ANN PULATIE-HAHN (SVP, HR) has made 0 purchases and 3 sales selling 296 shares for an estimated $33,928.
- DAVID MARSHALL WRIGHT (VP, Corp. Controller & CAO) has made 0 purchases and 2 sales selling 210 shares for an estimated $23,319.
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$ITRI Revenue
$ITRI had revenues of $581.6M in Q3 2025. This is a decrease of -5.5% from the same period in the prior year.
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$ITRI Hedge Fund Activity
We have seen 214 institutional investors add shares of $ITRI stock to their portfolio, and 219 decrease their positions in their most recent quarter.
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- IMPAX ASSET MANAGEMENT GROUP PLC added 890,040 shares (+127.3%) to their portfolio in Q3 2025, for an estimated $110,863,382
- PRICE T ROWE ASSOCIATES INC /MD/ added 495,985 shares (+210.6%) to their portfolio in Q3 2025, for an estimated $61,779,891
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$ITRI Analyst Ratings
Wall Street analysts have issued reports on $ITRI in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- JP Morgan issued a "Overweight" rating on 10/16/2025
- Roth Capital issued a "Buy" rating on 07/22/2025
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$ITRI Price Targets
Multiple analysts have issued price targets for $ITRI recently. We have seen 6 analysts offer price targets for $ITRI in the last 6 months, with a median target of $140.0.
Here are some recent targets:
- Martin Malloy from Johnson Rice set a target price of $130.0 on 01/05/2026
- Ben Kallo from Baird set a target price of $118.0 on 10/31/2025
- Mark Strouse from JP Morgan set a target price of $155.0 on 10/16/2025
- Tommy Moll from Stephens & Co. set a target price of $130.0 on 10/07/2025
- Chip Moore from Roth Capital set a target price of $150.0 on 07/22/2025
- Joseph Osha from Guggenheim set a target price of $155.0 on 07/14/2025
Full Release
LIBERTY LAKE, Wash., Jan. 06, 2026 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, and its channel partner, IDATOR , are collaborating with Thessaloniki Water Supply & Sewerage SA (EYATH S.A.) to modernize water infrastructure in Greece. EYATH S.A., which serves over 1.2 million citizens in Thessaloniki, the second largest city in Greece, will deploy Itron’s Smart Water Solutions over the next five years as part of the utility’s digital water transformation.
EYATH S.A. has set a goal to reduce its water footprint by 20% by 2030, primarily by reducing water loss in treated water. To support this, the utility will deploy Itron’s Smart Water Solutions, which includes Itron Intelis® wSource smart water meters, Itron’s Smart Water head-end system and meter data management (MDM) platform. This enables efficient and comprehensive water loss management and turns water consumption data into actionable insights, providing both EYATH S.A. and its customers with increased accuracy and visibility into their water consumption.
Itron’s solution will enable EYATH to respond and resolve leaks more quickly, reducing non-revenue water loss. The utility will leverage Itron's residential meters, of Itron’s residential meters, which are durable, intelligent and engineered to maintain the highest level of accuracy throughout their lifetime. The smart meters offer superior leak detection and real-time alarms. Data from the smart water meters is seamlessly collected with Temetra ® , Itron’s cloud-based, multi-vendor, multi-commodity meter data collection solution. The Temetra solution provides actionable insights to improve customer satisfaction and reduce water loss.
Additionally, Itron’s MDM system, a fully hosted, software-as-a-service (SaaS) solution, will enable EYATH S.A. to manage water endpoints not only from Itron meters but also from other meter vendors. By consolidating data from all meters into a single system, the Itron MDM solution allows the utility to modernize its infrastructure at its own pace, seamlessly integrating new technologies while continuing to manage data from existing assets.
“EYATH S.A.’s strategic and operational plan aims to improve the quality of water supply services while maintaining a commitment to environmental sustainability. With Itron’s Smart Water Solutions, we are advancing our plan and look forward to achieving greater efficiency in water management,” said Alexandros Mentes, director of the Strategic Planning, Projects & Development Department, EYATH S.A . “Itron’s solutions will be instrumental in helping reduce our water losses and enabling our digital water transformation.”
“Itron’s Smart Water Solutions serve as the ideal tool to help EYATH S.A. reduce its water footprint and advance its strategic plan. EYATH S.A. can take advantage of rich data from our Intelis wSource ultrasonic smart water meters and computing power from our Temetra system to improve water operations and reduce losses,” said Don Reeves, Itron’s senior vice president, Outcomes . “As the second largest city in the country, deploying Itron's Smart Water Solutions serves as a model for other utilities and demonstrates the benefits of upgrading water infrastructure and leveraging advanced technologies to improve efficiencies.”
“As an official Itron Channel Partner based in Greece, we bring unmatched local presence and proven expertise to support EYATH on-site and in person—ensuring a fast, smooth and tightly managed deployment. To further ensure smooth project execution, we work closely with our trusted local partner, FLOWTEC, strengthening on-the-ground coordination and delivery capacity. As one of the largest digital transformations in Greece’s water sector, having our team side-by-side with EYATH accelerates decisions, removes friction and streamlines day-to-day operations from day one,” said George Efstratiadis, managing director, IDATOR.
About Itron
Itron is transforming how the world manages energy, water and city services. Our trusted intelligent infrastructure solutions help utilities and cities improve efficiency, build resilience and deliver safe, reliable and affordable service. With edge intelligence, we connect people, data insights and devices so communities can better manage the essential resources they rely on to live and thrive. Join us as we create a more resourceful world: www.itron.com .
Itron ® , the Itron Logo, Temetra ® and Intelis ® are registered trademarks of Itron, Inc. in the United States and other countries and regions. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.
For additional information, contact:
Itron, Inc.
Alison Mallahan
Senior Manager, Corporate Communications
509-891-3802
[email protected]
Paul Vincent
Vice President, Investor Relations
512-560-1172
[email protected]
Itron, Inc.
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