For those looking to find strong Conglomerates stocks, it is prudent to search for companies in the group that are outperforming their peers. Is ITT (ITT - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Conglomerates peers, we might be able to answer that question.
ITT is one of 28 individual stocks in the Conglomerates sector. Collectively, these companies sit at #1 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. ITT is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for ITT's full-year earnings has moved 4.3% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, ITT has moved about 15.9% on a year-to-date basis. Meanwhile, stocks in the Conglomerates group have lost about 16.7% on average. This shows that ITT is outperforming its peers so far this year.
Another Conglomerates stock, which has outperformed the sector so far this year, is Marubeni Corp. (MARUY - Free Report) . The stock has returned 11.4% year-to-date.
In Marubeni Corp.'s case, the consensus EPS estimate for the current year increased 2.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, ITT belongs to the Diversified Operations industry, a group that includes 28 individual stocks and currently sits at #40 in the Zacks Industry Rank. This group has lost an average of 16.7% so far this year, so ITT is performing better in this area. Marubeni Corp. is also part of the same industry.
Investors interested in the Conglomerates sector may want to keep a close eye on ITT and Marubeni Corp. as they attempt to continue their solid performance.
STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. (NYSE: ITT) will release third-quarter 2026 financial results Nov. 4 after market close and hold a conference call at 8:30 a.m. EST Nov. 5.
Investors interested in Diversified Operations stocks are likely familiar with Mitsui & Co. (MITSY - Free Report) and ITT (ITT - Free Report) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.
There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.
Right now, both Mitsui & Co. and ITT are sporting a Zacks Rank of #2 (Buy). Investors should feel comfortable knowing that both of these stocks have an improving earnings outlook since the Zacks Rank favors companies that have witnessed positive analyst estimate revisions. But this is just one factor that value investors are interested in.
Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels.
Our Value category grades stocks based on a number of key metrics, including the tried-and-true P/E ratio, the P/S ratio, earnings yield, and cash flow per share, as well as a variety of other fundamentals that value investors frequently use.
MITSY currently has a forward P/E ratio of 12.62, while ITT has a forward P/E of 24.41. We also note that MITSY has a PEG ratio of 1.10. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. ITT currently has a PEG ratio of 1.65.
Another notable valuation metric for MITSY is its P/B ratio of 1.49. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, ITT has a P/B of 3.74.
These metrics, and several others, help MITSY earn a Value grade of A, while ITT has been given a Value grade of C.
Both MITSY and ITT are impressive stocks with solid earnings outlooks, but based on these valuation figures, we feel that MITSY is the superior value option right now.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Shares of ITT (ITT - Free Report) have gained 1.1% over the past four weeks to close the last trading session at $200.39, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $257.5 indicates a potential upside of 28.5%.
The mean estimate comprises 12 short-term price targets with a standard deviation of $19.31. While the lowest estimate of $210.00 indicates a 4.8% increase from the current price level, the most optimistic analyst expects the stock to surge 36.2% to reach $273.00. It's very important to note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.
While the consensus price target is highly sought after by investors, the ability and unbiasedness of analysts in setting price targets have long been questionable. And investors making investment decisions solely based on this tool would arguably do themselves a disservice.
However, an impressive consensus price target is not the only factor that indicates a potential upside in ITT. This view is strengthened by the agreement among analysts that the company will report better earnings than what they estimated earlier. Though a positive trend in earnings estimate revisions doesn't give any idea as to how much the stock could surge, it has proven effective in predicting an upside.
Price, Consensus and EPS Surprise
Here's What You May Not Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.
While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?
They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.
However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.
That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.
Why ITT Could Witness a Solid UpsideThere has been increasing optimism among analysts lately about the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher. And that could be a legitimate reason to expect an upside in the stock. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
The Zacks Consensus Estimate for the current year has increased 0% over the past month, as one estimate has gone higher compared to no negative revision.
Moreover, ITT currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Therefore, while the consensus price target may not be a reliable indicator of how much ITT could gain, the direction of price movement it implies does appear to be a good guide.
Key Takeaways ITT is benefiting from strength across Flow Technologies, CCT and Motion Technologies.Acquisitions of Aerospace Contacts and SPX FLOW are expanding ITT's capabilities and offerings.ITT is investing in innovation while rewarding shareholders through dividends and share buybacks. ITT Inc. (ITT - Free Report) is well-poised for growth in the near term, courtesy of strength across its segments and accretive acquisitions. The company's efforts to reward its shareholders handsomely add to its appeal.
ITT currently carries a Zacks Rank #2 (Buy). In the past year, the company has gained 16% against the industry’s 24.5% decline.
Image Source: Zacks Investment Research
Let’s delve into the factors that make this company a smart investment choice at the moment.
Segmental Strength: ITT is gaining from strength across its segments. The Flow Technologies segment is benefiting from strength in pump projects and the short-cycle business. Growth in demand for pumps and valves is aiding the segment, while the Svanehøj acquisition continues to support growth. The segment’s organic revenues increased 20.7% year over year in the second quarter of 2026, driven by growth in pump project revenues and short-cycle businesses.
An increase in demand for connector solutions and aerospace and defense is supporting the Connect and Control Technologies (CCT) segment. Also, the acquisition of kSARIA augurs well for the segment. The segment’s organic revenues increased 17.3% year over year in the second quarter, aided by defense and connector strength. Demand for friction products, shock absorbers and damping technologies in OEM, rail and defense markets is supporting the Motion Technologies (MT) segment. Its organic revenues increased 1.6% year over year in the second quarter.
Acquisitions: The company engages in strategic acquisitions that increase the breadth and depth of its product offerings and help it grow its customer base. In July 2026, ITT completed the acquisition of Aerospace Contacts LLC (Aerospace Contacts). The acquisition strengthened the company’s supply chain, enhanced its aerospace and defense product offerings, and boosted its manufacturing and engineering capabilities. ITT integrated Aerospace Contacts into its CCT segment. ITT acquired SPX FLOW in March 2026. The acquisition enhanced the company’s capabilities in mixing, fluid handling and thermal solutions. SPX FLOW was added to the Flow Technologies segment.
Focus on Innovation: ITT is strengthening its capabilities through continued investments in innovation across its friction technologies, connectors and pump businesses. The company’s new brake pad testing center in Huang Shan, China, is already generating returns, while newly introduced connectors are addressing opportunities in the energy storage systems market. ITT is also advancing strategic programs, including VIDAR, FLRAA, high-performance friction and geo-pad offerings, to support long-term growth.
Rewards to Shareholders: ITT is committed to rewarding its shareholders through share buybacks and dividend payments. During the first six months of 2026, ITT paid out dividends of $69.5 million, up 23.7% year over year, and repurchased shares worth $100.7 million. ITT’s quarterly dividend rate was hiked 10% in February 2026 to 38.6 cents per share. In October 2023, ITT’s board approved a $1 billion share repurchase program for an indefinite time. Exiting the second quarter of 2026, the company had a remaining balance of $355 million under its stock repurchase program.
Other Stocks to ConsiderSome other top-ranked companies are discussed below.
GPGI, Inc. (GPGI - Free Report) currently carries a Zacks Rank of 2. GPGI delivered a trailing four-quarter average earnings surprise of 23.8%. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
In the past 60 days, the Zacks Consensus Estimate for GPGI’s 2026 earnings has remained steady.
Griffon Corporation (GFF - Free Report) presently carries a Zacks Rank of 2. It has a trailing four-quarter average earnings surprise of 6.6%.
The Zacks Consensus Estimate for GFF’s 2026 earnings has increased 1.5% in the past 60 days.
3M Company (MMM - Free Report) presently carries a Zacks Rank of 2. 3M delivered a trailing two-quarter average earnings surprise of 4.1%.
In the past 60 days, the consensus estimate for MMM’s 2026 earnings has increased 0.6%.
Shares of ITT (ITT - Free Report) have been struggling lately and have lost 5.5% over the past week. However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road.
The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bullish case for the stock. On the fundamental side, strong agreement among Wall Street analysts in raising earnings estimates for this supplier of parts and services to a wide variety of industries enhances its prospects of a trend reversal.
Understanding Hammer Chart and the Technique to Trade ItThis is one of the popular price patterns in candlestick charting. A minor difference between the opening and closing prices forms a small candle body, and a higher difference between the low of the day and the open or close forms a long lower wick (or vertical line). The length of the lower wick being at least twice the length of the real body, the candle resembles a 'hammer.'
In simple terms, during a downtrend, with bears having absolute control, a stock usually opens lower compared to the previous day's close, and again closes lower. On the day the hammer pattern is formed, maintaining the downtrend, the stock makes a new low. However, after eventually finding support at the low of the day, some amount of buying interest emerges, pushing the stock up to close the session near or slightly above its opening price.
When it occurs at the bottom of a downtrend, this pattern signals that the bears might have lost control over the price. And, the success of bulls in stopping the price from falling further indicates a potential trend reversal.
Hammer candles can occur on any timeframe -- such as one-minute, daily, weekly -- and are utilized by both short-term as well as long-term investors.
Like every technical indicator, the hammer chart pattern has its limitations. Particularly, as the strength of a hammer depends on its placement on the chart, it should always be used in conjunction with other bullish indicators.
Here's What Makes the Trend Reversal More Likely for ITTAn upward trend in earnings estimate revisions that ITT has been witnessing lately can certainly be considered a bullish indicator on the fundamental side. That's because empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.
Over the last 30 days, the consensus EPS estimate for the current year has increased 0%. What it means is that the sell-side analysts covering ITT are majorly in agreement that the company will report better earnings than they predicted earlier.
If this is not enough, you should note that ITT currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. And stocks carrying a Zacks Rank #1 or 2 usually outperform the market. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Moreover, a Zacks Rank of 2 for ITT is a more conclusive indication of a potential trend reversal, as the Zacks Rank has proven to be an excellent timing indicator that helps investors identify precisely when a company's prospects are beginning to improve.
Investors interested in Conglomerates stocks should always be looking to find the best-performing companies in the group. Has ITT (ITT - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Conglomerates sector should help us answer this question.
ITT is one of 27 companies in the Conglomerates group. The Conglomerates group currently sits at #1 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. ITT is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for ITT's full-year earnings has moved 4.3% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that ITT has returned about 19.4% since the start of the calendar year. Meanwhile, stocks in the Conglomerates group have lost about 15.2% on average. This means that ITT is performing better than its sector in terms of year-to-date returns.
Another stock in the Conglomerates sector, Mitsubishi Corp. (MSBHF - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 33.3%.
Over the past three months, Mitsubishi Corp.'s consensus EPS estimate for the current year has increased 6.5%. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, ITT belongs to the Diversified Operations industry, a group that includes 27 individual companies and currently sits at #49 in the Zacks Industry Rank. Stocks in this group have lost about 15.2% so far this year, so ITT is performing better this group in terms of year-to-date returns. Mitsubishi Corp. is also part of the same industry.
Investors interested in the Conglomerates sector may want to keep a close eye on ITT and Mitsubishi Corp. as they attempt to continue their solid performance.
Industrial Tech Crossovers: When Manufacturing Meets InnovationITT NYSE: ITT CEO and President Luca Savi outlined the company’s growth priorities, market conditions and integration plans for SPX FLOW during an investor discussion hosted by D.A. Davidson Senior Research Analyst Matt Summerville.
Savi described ITT as a diversified engineering company that designs and manufactures components for demanding applications across rail, automotive, aerospace and defense, oil and gas, energy transition, chemical processing, mining and general industrial markets. Following the SPX FLOW acquisition, ITT’s revenue exceeds $5 billion, he said.
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16 Top Robotics Companies to Get to Know in 2023The company has delivered 7% organic revenue growth and 16% earnings-per-share compound annual growth over the past three years, according to Savi. He attributed much of the revenue growth to market-share gains rather than favorable underlying market conditions. Looking forward, he said ITT expects both organic and inorganic value creation, including revenue growth, margin expansion and acquisitions.
Flow Technologies Sees Mixed Regional Demand Savi said market conditions have begun to improve in certain Flow Technologies end markets. Chemical-market trends have turned more positive in North America over the past two quarters, though European chemicals remain weak, he said.
In oil and gas, ITT’s Middle East revenue grew substantially in the first six to nine months of the year as the company fulfilled a strong backlog built through prior order wins. However, Savi said orders in the region have shifted to the right, creating a near-term headwind. Saudi Aramco has begun placing orders with engineering, procurement and construction firms, including for the Jafurah 4 project, and ITT is negotiating pump orders with an EPC contractor, he said.
Savi also cited demand opportunities in North America, Latin America and Venezuela. ITT’s Bornemann Pumps business has a large installed base in Venezuela, where the company has retained employees despite years of limited activity. He said ITT has received orders since October 2025 from Chevron, PDVSA and other permitted participants for refurbishment and spare-parts work.
Svanehøj, ITT’s cryogenic marine-pump business acquired in January 2024, recorded 30% growth and a 1.3 book-to-bill ratio, Savi said. He attributed its performance to both favorable market conditions and market-share gains.
While Savi called Flow Technologies’ 21% second-quarter organic growth “exceptional,” he said the company expects continued year-over-year growth at a lower level. ITT expects 2026 growth to be supported by a book-to-bill ratio above one and year-end backlog higher than at the end of December 2025.
SPX FLOW Integration Ahead on Cost Synergies SPX FLOW has posted high-single-digit revenue and order growth year to date, with book-to-bill above one, according to Savi. He said this performance reflects backlog and commercial opportunities already present in the acquired business rather than changes made by ITT.
Savi said nutrition and health, which represents about 50% to 60% of SPX FLOW, could support future growth as customers including Danone, Nestlé and Unilever increase capital expenditures over the next four to five years. He also pointed to investment in protein and medical-food applications.
ITT expects to exceed its target of $80 million in run-rate cost synergies by the end of the third year following the acquisition, Savi said. The company is ahead of plan in the first year due primarily to general and administrative savings. Purchasing synergies are expected to contribute more in years two and three, while footprint-related synergies account for about 10% of the $80 million target.
Commercial synergies have begun to emerge. Savi said Waukesha Cherry-Burrell, SPX FLOW’s hygienic-pump business, has sold nearly $500,000 of ITT twin-screw pumps in North America and has quoted roughly $4 million to $5 million of potential orders. ITT is also pursuing localized assembly initiatives for SPX FLOW products in Latin America, the Middle East and China.
Motion, Aerospace and Defense Trends Within Motion Technologies, Savi said ITT expects to continue outgrowing global automotive production through 2027 and 2028. He credited the friction business’s execution, quality performance and research and development investments. The company spends more than 5% of Motion Technologies revenue on R&D, he said.
Electric and hybrid vehicles require larger brake pads because of their greater weight, increasing dollar content per vehicle, according to Savi. Higher-performance vehicles also carry higher-value brake-pad content, though at lower volume.
In rail, Savi cited the long life of rail platforms, aftermarket exposure and favorable demand in Europe, Asia and China. He said ITT is currently the only company certified for a high-speed train designed to operate at 450 kilometers per hour, though he expects another supplier to be qualified eventually.
Commercial aerospace growth is being driven principally by Boeing production increases, Savi said. ITT renegotiated a fixed-price Boeing contract that had been signed in 2014, with price increases effective Jan. 1, 2026. He said the changes returned affected components to profitability and are intended to cover inflation for the next three to four years.
Defense demand has also strengthened, with second-quarter revenue up 16% and orders up nearly 60%, Savi said. ITT supplies connectors, cable assemblies and controls across aircraft, submarines, naval applications, vehicles, soldier modernization and missile platforms. In kSARIA, ITT retained and doubled its content on the next F-35 production round after winning business from a competitor, according to Savi.
Investment and CFO Search Savi said ITT prioritizes organic investment because it produces the highest returns, noting Motion Technologies’ return on invested capital is above 35%. Current investments include added capacity and machines for Custom Controls Technologies, product development at SPX FLOW and a larger North American distribution center to support faster delivery.
He also said ITT expects to appoint a new chief financial officer by the end of the year. The company is seeking an operational finance leader who can work closely with businesses and fit ITT’s decentralized, high-performance culture.
About ITT (NYSE:ITT)ITT Inc is a diversified industrial manufacturer that develops and produces highly engineered components and systems for transportation, energy, industrial, aerospace and defense, and other specialized markets. The company serves original equipment manufacturers, distributors and aftermarket customers through a portfolio of mission-critical products designed to support safety, efficiency and reliability.
ITT operates through three primary business segments. Motion Technologies supplies brake pads, friction materials, shock absorbers, dampers and related components for automotive and rail applications.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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ITT Inc. (ITT) 25th Annual Diversified Industrials & Services Conference September 24, 2026 5:20 PM EDT
Company Participants
Carleen Salvage - Vice President of Investor Relations and FP&A
Luca Savi - CEO, President & Director
Conference Call Participants
Matt Summerville - D.A. Davidson & Co., Research Division
Presentation
Matt Summerville
D.A. Davidson & Co., Research Division
All right. Good afternoon, everyone. Thank you for joining us. My name is Matt Summerville. I'm the senior research analyst with D.A. Davidson following ITT, a name I've covered now for almost 25 years. With us today, we have Luca Savi, the company's CEO and President. With that brief introduction, before I hand it over to Luca for just a couple of minutes of prepared remarks, Carleen is going to go ahead and read the safe harbor statement.
Carleen Salvage
Vice President of Investor Relations and FP&A
Our presentation and comments may contain forward-looking statements, which are based on our best view of the world and our businesses as we see them today. These assumptions and expectations can change, and we ask that you view them in that light. We encourage you to review the latest risks and uncertainties in our Form 10-K and other SEC filings available on our website.
And with that, I will turn it over to Luca.
Luca Savi
CEO, President & Director
Okay. So good afternoon, everybody. In Italian, we say the dessert is at the end. So yes, we are, okay? So only a couple of minutes to tell you a little bit about ITT.
So we are a diversified engineering company. So what we do, we engineer, design and manufacture components for harsh environment across different industries, across different sectors being rail and auto, air and defense, oil and gas, energy, energy transition, chemical, petrochemical, mining, general industrial. So after the acquisition of SPX FLOW, our revenue is above $5 billion. You see
Investors with an interest in Diversified Operations stocks have likely encountered both Marubeni Corp. (MARUY) and ITT (ITT). But which of these two stocks is more attractive to value investors?
ITT (ITT - Free Report) closed the last trading session at $205.68, gaining 0.4% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $257.42 indicates a 25.2% upside potential.
The mean estimate comprises 12 short-term price targets with a standard deviation of $19.25. While the lowest estimate of $210.00 indicates a 2.1% increase from the current price level, the most optimistic analyst expects the stock to surge 32.7% to reach $273.00. It's very important to note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.
While the consensus price target is highly sought after by investors, the ability and unbiasedness of analysts in setting price targets have long been questionable. And investors making investment decisions solely based on this tool would arguably do themselves a disservice.
However, an impressive consensus price target is not the only factor that indicates a potential upside in ITT. This view is strengthened by the agreement among analysts that the company will report better earnings than what they estimated earlier. Though a positive trend in earnings estimate revisions doesn't give any idea as to how much the stock could surge, it has proven effective in predicting an upside.
Price, Consensus and EPS Surprise
Here's What You May Not Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.
While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?
They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.
However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.
That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.
Here's Why There Could be Plenty of Upside Left in ITTThere has been increasing optimism among analysts lately about the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher. And that could be a legitimate reason to expect an upside in the stock. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
The Zacks Consensus Estimate for the current year has increased 0.1% over the past month, as one estimate has gone higher compared to no negative revision.
Moreover, ITT currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Therefore, while the consensus price target may not be a reliable indicator of how much ITT could gain, the direction of price movement it implies does appear to be a good guide.
Bank of America Corp DE acquired a new position in ITT Inc. (NYSE:ITT – Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 877,004 shares of the conglomerate’s stock, valued at approximately $173,436,000. Bank of America Corp DE owned 0.98% of ITT at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of ITT in the second quarter worth about $28,000. Elyxium Wealth LLC purchased a new position in ITT during the fourth quarter valued at approximately $29,000. Bayban acquired a new position in ITT in the fourth quarter valued at approximately $31,000. Trust Co. of Vermont acquired a new position in ITT in the second quarter valued at approximately $33,000. Finally, Ascentis Independent Advisors purchased a new stake in ITT in the 1st quarter worth approximately $42,000. Hedge funds and other institutional investors own 91.59% of the company’s stock.
ITT Trading Up 4.4% Shares of ITT stock opened at $203.12 on Friday. The firm has a market capitalization of $18.16 billion, a PE ratio of 39.83, a P/E/G ratio of 1.59 and a beta of 1.27. ITT Inc. has a twelve month low of $166.96 and a twelve month high of $230.32. The firm’s 50-day moving average price is $202.54 and its 200 day moving average price is $199.32. The company has a current ratio of 1.26, a quick ratio of 0.85 and a debt-to-equity ratio of 0.60.
ITT (NYSE:ITT – Get Free Report) last released its earnings results on Thursday, August 6th. The conglomerate reported $2.08 earnings per share for the quarter, beating the consensus estimate of $1.92 by $0.16. ITT had a return on equity of 15.90% and a net margin of 8.90%.The business had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter last year, the business posted $1.64 earnings per share. The business’s quarterly revenue was up 51.5% compared to the same quarter last year. ITT has set its FY 2026 guidance at 8.120-8.320 EPS. On average, sell-side analysts predict that ITT Inc. will post 8.25 EPS for the current fiscal year. ITT Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Monday, October 5th. Stockholders of record on Tuesday, September 8th will be issued a dividend of $0.386 per share. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $1.54 dividend on an annualized basis and a dividend yield of 0.8%. ITT’s dividend payout ratio is presently 30.20%.
Insider Transactions at ITT In other ITT news, CEO Luca Savi purchased 5,019 shares of the stock in a transaction that occurred on Monday, August 31st. The shares were purchased at an average cost of $199.56 per share, for a total transaction of $1,001,591.64. Following the completion of the transaction, the chief executive officer owned 267,373 shares of the company’s stock, valued at $53,356,955.88. The trade was a 1.91% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Graziano De sold 700 shares of the company’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $214.54, for a total transaction of $150,178.00. Following the sale, the chief accounting officer directly owned 7,159 shares of the company’s stock, valued at approximately $1,535,891.86. This represents a 8.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.88% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In A number of equities research analysts have recently commented on the stock. Weiss Ratings raised shares of ITT from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, September 4th. Stifel Nicolaus increased their price target on shares of ITT from $246.00 to $250.00 and gave the stock a “buy” rating in a report on Monday, July 20th. Wolfe Research assumed coverage on shares of ITT in a research report on Tuesday. They set an “outperform” rating and a $272.00 price target on the stock. DA Davidson lifted their price objective on shares of ITT from $255.00 to $265.00 and gave the company a “buy” rating in a report on Tuesday, August 11th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $273.00 price objective on shares of ITT in a research report on Friday, August 7th. Nine analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, ITT presently has an average rating of “Moderate Buy” and an average price target of $252.60.
Get Our Latest Research Report on ITT
ITT Profile (Free Report)
ITT Inc is a diversified industrial manufacturer that develops and produces highly engineered components and systems for transportation, energy, industrial, aerospace and defense, and other specialized markets. The company serves original equipment manufacturers, distributors and aftermarket customers through a portfolio of mission-critical products designed to support safety, efficiency and reliability.
ITT operates through three primary business segments. Motion Technologies supplies brake pads, friction materials, shock absorbers, dampers and related components for automotive and rail applications.
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Amundi lessened its stake in shares of ITT Inc. (NYSE:ITT – Free Report) by 56.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 104,878 shares of the conglomerate’s stock after selling 135,612 shares during the period. Amundi owned 0.12% of ITT worth $20,741,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Goldman Sachs Group Inc. increased its holdings in ITT by 7.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 418,238 shares of the conglomerate’s stock worth $54,020,000 after acquiring an additional 28,937 shares in the last quarter. Empowered Funds LLC bought a new position in shares of ITT in the first quarter worth approximately $360,000. Focus Partners Wealth increased its stake in shares of ITT by 80.7% in the first quarter. Focus Partners Wealth now owns 7,871 shares of the conglomerate’s stock worth $1,017,000 after purchasing an additional 3,515 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in shares of ITT during the 2nd quarter valued at $1,880,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of ITT by 171.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 700 shares of the conglomerate’s stock valued at $110,000 after purchasing an additional 442 shares during the period. Hedge funds and other institutional investors own 91.59% of the company’s stock.
Insider Buying and Selling In other ITT news, CAO Graziano De sold 700 shares of ITT stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $214.54, for a total value of $150,178.00. Following the sale, the chief accounting officer owned 7,159 shares of the company’s stock, valued at $1,535,891.86. The trade was a 8.91% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Luca Savi acquired 5,019 shares of the firm’s stock in a transaction dated Monday, August 31st. The shares were purchased at an average cost of $199.56 per share, for a total transaction of $1,001,591.64. Following the completion of the acquisition, the chief executive officer directly owned 267,373 shares in the company, valued at approximately $53,356,955.88. This represents a 1.91% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.88% of the company’s stock.
More ITT News Here are the key news stories impacting ITT this week: Positive Sentiment: Zacks raises multiple EPS forecasts: Zacks Research increased its FY2026 EPS estimate to $8.28 from $8.27, FY2027 to $9.10 from $9.08, and FY2028 to $10.55 from $10.53. It also raised its third-quarter and fourth-quarter 2027 estimates to $2.44 and $2.39, respectively. The FY2026 forecast is slightly above the broader $8.25 consensus, suggesting incremental confidence in ITT’s earnings outlook. ITT analyst estimate revisions Neutral Sentiment: Peer-performance comparison: A Zacks analysis compares ITT’s year-to-date performance with Mitsubishi Corp. and other conglomerate-sector stocks. The supplied article excerpt provides no specific performance figures or new catalyst, so its direct impact on ITT shares appears limited. ITT peer performance analysis Neutral Sentiment: Upcoming investor conference: ITT will participate in D.A. Davidson’s Diversified Industrials & Services Conference on September 24. The event could provide updates on demand, margins, or guidance, but the announcement itself contains no new financial targets. ITT conference announcement Neutral Sentiment: Unrelated article: The Nauticus Robotics announcement concerns Nauticus Robotics, ticker KITT, not ITT Inc. (NYSE: ITT), and therefore should not affect ITT’s stock. Wall Street Analyst Weigh In Several research analysts recently weighed in on ITT shares. Weiss Ratings raised shares of ITT from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, September 4th. BMO Capital Markets reissued an “outperform” rating and set a $273.00 price target on shares of ITT in a report on Friday, August 7th. DA Davidson boosted their price objective on ITT from $255.00 to $265.00 and gave the company a “buy” rating in a research report on Tuesday, August 11th. KeyCorp upped their price objective on ITT from $250.00 to $263.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Finally, Wolfe Research raised ITT from a “peer perform” rating to an “outperform” rating and set a $229.00 target price on the stock in a research note on Thursday, July 9th. Ten analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $244.82.
Read Our Latest Stock Analysis on ITT
ITT Stock Up 4.1% Shares of ITT stock opened at $204.22 on Friday. The company’s fifty day simple moving average is $201.68 and its two-hundred day simple moving average is $199.54. ITT Inc. has a 52 week low of $166.96 and a 52 week high of $230.32. The stock has a market cap of $18.26 billion, a P/E ratio of 40.04, a PEG ratio of 1.60 and a beta of 1.27. The company has a quick ratio of 0.85, a current ratio of 1.26 and a debt-to-equity ratio of 0.60.
ITT (NYSE:ITT – Get Free Report) last issued its earnings results on Thursday, August 6th. The conglomerate reported $2.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.92 by $0.16. The firm had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.39 billion. ITT had a return on equity of 15.90% and a net margin of 8.90%.The business’s revenue was up 51.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.64 earnings per share. ITT has set its FY 2026 guidance at 8.120-8.320 EPS. Analysts predict that ITT Inc. will post 8.25 EPS for the current fiscal year.
ITT Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Monday, October 5th. Shareholders of record on Tuesday, September 8th will be issued a dividend of $0.386 per share. This represents a $1.54 annualized dividend and a yield of 0.8%. The ex-dividend date is Tuesday, September 8th. ITT’s dividend payout ratio (DPR) is currently 30.20%.
ITT Company Profile (Free Report)
ITT Inc is a diversified industrial manufacturer that develops and produces highly engineered components and systems for transportation, energy, industrial, aerospace and defense, and other specialized markets. The company serves original equipment manufacturers, distributors and aftermarket customers through a portfolio of mission-critical products designed to support safety, efficiency and reliability.
ITT operates through three primary business segments. Motion Technologies supplies brake pads, friction materials, shock absorbers, dampers and related components for automotive and rail applications.
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For those looking to find strong Conglomerates stocks, it is prudent to search for companies in the group that are outperforming their peers. Has ITT (ITT - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Conglomerates sector should help us answer this question.
ITT is a member of the Conglomerates sector. This group includes 27 individual stocks and currently holds a Zacks Sector Rank of #1. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. ITT is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for ITT's full-year earnings has moved 4.4% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that ITT has returned about 13.1% since the start of the calendar year. Meanwhile, stocks in the Conglomerates group have lost about 16.5% on average. This means that ITT is performing better than its sector in terms of year-to-date returns.
Mitsubishi Corp. (MSBHF - Free Report) is another Conglomerates stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 43.2%.
In Mitsubishi Corp.'s case, the consensus EPS estimate for the current year increased 6.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, ITT belongs to the Diversified Operations industry, a group that includes 27 individual stocks and currently sits at #47 in the Zacks Industry Rank. This group has lost an average of 16.5% so far this year, so ITT is performing better in this area. Mitsubishi Corp. is also part of the same industry.
Investors with an interest in Conglomerates stocks should continue to track ITT and Mitsubishi Corp.. These stocks will be looking to continue their solid performance.
STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. (NYSE: ITT) today announced its participation at the D.A. Davidson 25th Annual Diversified Industrials & Services Conference on Sept. 24.
Nykredit A S bought a new position in shares of ITT Inc. (NYSE:ITT – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 3,484 shares of the conglomerate’s stock, valued at approximately $689,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of ITT. Amundi lifted its stake in ITT by 22,565.6% in the 1st quarter. Amundi now owns 7,253 shares of the conglomerate’s stock worth $867,000 after purchasing an additional 7,221 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of ITT by 7.4% in the first quarter. Goldman Sachs Group Inc. now owns 418,238 shares of the conglomerate’s stock valued at $54,020,000 after purchasing an additional 28,937 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of ITT in the first quarter valued at approximately $360,000. Focus Partners Wealth increased its holdings in shares of ITT by 80.7% in the first quarter. Focus Partners Wealth now owns 7,871 shares of the conglomerate’s stock valued at $1,017,000 after purchasing an additional 3,515 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new position in ITT during the second quarter worth approximately $1,880,000. 91.59% of the stock is owned by hedge funds and other institutional investors.
ITT Stock Performance NYSE ITT opened at $203.51 on Tuesday. The stock has a fifty day simple moving average of $200.88 and a 200-day simple moving average of $199.65. The company has a current ratio of 1.26, a quick ratio of 0.85 and a debt-to-equity ratio of 0.60. The stock has a market cap of $18.19 billion, a PE ratio of 39.90, a P/E/G ratio of 1.67 and a beta of 1.27. ITT Inc. has a twelve month low of $166.96 and a twelve month high of $230.32.
ITT (NYSE:ITT – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The conglomerate reported $2.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.92 by $0.16. The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.39 billion. ITT had a net margin of 8.90% and a return on equity of 15.90%. ITT’s revenue was up 51.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.64 EPS. ITT has set its FY 2026 guidance at 8.120-8.320 EPS. Equities analysts anticipate that ITT Inc. will post 8.25 earnings per share for the current year. ITT Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 5th. Stockholders of record on Tuesday, September 8th will be issued a $0.386 dividend. This represents a $1.54 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Tuesday, September 8th. ITT’s dividend payout ratio is currently 30.20%.
Analyst Ratings Changes ITT has been the topic of a number of recent research reports. Stifel Nicolaus boosted their price objective on ITT from $246.00 to $250.00 and gave the stock a “buy” rating in a research note on Monday, July 20th. Citigroup lifted their price target on ITT from $254.00 to $267.00 and gave the stock a “buy” rating in a report on Friday, August 7th. KeyCorp boosted their price target on shares of ITT from $250.00 to $263.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Wolfe Research raised shares of ITT from a “peer perform” rating to an “outperform” rating and set a $229.00 price objective for the company in a report on Thursday, July 9th. Finally, Weiss Ratings upgraded shares of ITT from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday. Ten analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $244.82.
Check Out Our Latest Stock Analysis on ITT
Insider Buying and Selling In related news, CAO Graziano De sold 700 shares of the stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $214.54, for a total transaction of $150,178.00. Following the completion of the transaction, the chief accounting officer owned 7,159 shares of the company’s stock, valued at approximately $1,535,891.86. This trade represents a 8.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Luca Savi bought 5,019 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The stock was bought at an average price of $199.56 per share, with a total value of $1,001,591.64. Following the acquisition, the chief executive officer directly owned 267,373 shares in the company, valued at $53,356,955.88. The trade was a 1.91% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 0.88% of the company’s stock.
ITT Company Profile (Free Report)
ITT Inc is a diversified industrial manufacturing company that designs, manufactures and services mission-critical components and systems for global markets. Its engineered solutions support applications in aerospace, defense, transportation, energy and industrial automation. The company focuses on delivering high-performance products that enable reliable fluid handling, precision motion control and robust connectivity in demanding environments.
The company’s operations are organized into three segments: Motion Technologies, which provides precision components and aftermarket repair services for aircraft engines and industrial turbines; Connect & Control Technologies, which offers specialty valves, couplings, seals and proximity sensors for fuel, hydraulics and environmental control systems; and Fluid & Motion Control, which delivers pumps, heat exchangers and fluid management solutions for oil and gas, chemical processing and power generation.
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Investors with an interest in Diversified Operations stocks have likely encountered both Grupo Cibest (CIB) and ITT (ITT). But which of these two stocks is more attractive to value investors?
Bank of Nova Scotia purchased a new position in shares of ITT Inc. (NYSE:ITT – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 28,304 shares of the conglomerate’s stock, valued at approximately $5,597,000.
A number of other hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in ITT in the 2nd quarter valued at about $1,715,593,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of ITT by 55,929.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,518,405 shares of the conglomerate’s stock valued at $263,458,000 after acquiring an additional 1,515,695 shares during the last quarter. Findlay Park Partners LLP purchased a new position in shares of ITT during the 2nd quarter worth about $276,395,000. Norges Bank acquired a new stake in shares of ITT in the fourth quarter worth approximately $194,884,000. Finally, Vanguard Group Inc. boosted its position in shares of ITT by 7.9% in the fourth quarter. Vanguard Group Inc. now owns 8,460,467 shares of the conglomerate’s stock worth $1,467,976,000 after acquiring an additional 620,217 shares during the last quarter. Institutional investors and hedge funds own 91.59% of the company’s stock.
Insiders Place Their Bets In other news, CAO Mesa Graziano Cheryl De sold 700 shares of the business’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $214.54, for a total transaction of $150,178.00. Following the completion of the transaction, the chief accounting officer owned 7,159 shares of the company’s stock, valued at approximately $1,535,891.86. The trade was a 8.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.88% of the stock is owned by corporate insiders.
Analyst Upgrades and Downgrades A number of research firms recently issued reports on ITT. DA Davidson increased their target price on shares of ITT from $255.00 to $265.00 and gave the stock a “buy” rating in a research report on Tuesday, August 11th. KeyCorp lifted their price target on shares of ITT from $250.00 to $263.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Weiss Ratings downgraded shares of ITT from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday. Robert W. Baird set a $246.00 price objective on shares of ITT in a research report on Thursday, May 7th. Finally, Citigroup raised their target price on shares of ITT from $254.00 to $267.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, ITT currently has a consensus rating of “Moderate Buy” and an average price target of $241.08. Get Our Latest Analysis on ITT
ITT Trading Up 0.5% NYSE:ITT opened at $205.96 on Wednesday. The company has a quick ratio of 0.85, a current ratio of 1.26 and a debt-to-equity ratio of 0.60. The business’s 50 day moving average is $199.45 and its two-hundred day moving average is $199.62. ITT Inc. has a 52 week low of $166.96 and a 52 week high of $230.32. The company has a market cap of $18.41 billion, a PE ratio of 40.38, a P/E/G ratio of 1.68 and a beta of 1.27.
ITT (NYSE:ITT – Get Free Report) last released its earnings results on Thursday, August 6th. The conglomerate reported $2.08 earnings per share for the quarter, beating the consensus estimate of $1.92 by $0.16. The firm had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.39 billion. ITT had a net margin of 8.90% and a return on equity of 15.90%. The firm’s revenue for the quarter was up 51.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.64 earnings per share. ITT has set its FY 2026 guidance at 8.120-8.320 EPS. On average, analysts predict that ITT Inc. will post 8.25 EPS for the current year.
ITT Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 5th. Investors of record on Tuesday, September 8th will be paid a dividend of $0.386 per share. This represents a $1.54 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Tuesday, September 8th. ITT’s dividend payout ratio is presently 30.20%.
ITT Company Profile (Free Report)
ITT Inc is a diversified industrial manufacturing company that designs, manufactures and services mission-critical components and systems for global markets. Its engineered solutions support applications in aerospace, defense, transportation, energy and industrial automation. The company focuses on delivering high-performance products that enable reliable fluid handling, precision motion control and robust connectivity in demanding environments.
The company’s operations are organized into three segments: Motion Technologies, which provides precision components and aftermarket repair services for aircraft engines and industrial turbines; Connect & Control Technologies, which offers specialty valves, couplings, seals and proximity sensors for fuel, hydraulics and environmental control systems; and Fluid & Motion Control, which delivers pumps, heat exchangers and fluid management solutions for oil and gas, chemical processing and power generation.
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Investors looking for stocks in the Diversified Operations sector might want to consider either Grupo Cibest (CIB - Free Report) or ITT (ITT - Free Report) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.
The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits.
Currently, Grupo Cibest has a Zacks Rank of #1 (Strong Buy), while ITT has a Zacks Rank of #3 (Hold). This means that CIB's earnings estimate revision activity has been more impressive, so investors should feel comfortable with its improving analyst outlook. But this is just one factor that value investors are interested in.
Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.
The Value category of the Style Scores system identifies undervalued companies by looking at a number of key metrics. These include the long-favored P/E ratio, P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that help us determine a company's fair value.
CIB currently has a forward P/E ratio of 9.08, while ITT has a forward P/E of 25.41. We also note that CIB has a PEG ratio of 0.75. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. ITT currently has a PEG ratio of 1.71.
Another notable valuation metric for CIB is its P/B ratio of 1.98. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, ITT has a P/B of 3.87.
These metrics, and several others, help CIB earn a Value grade of B, while ITT has been given a Value grade of D.
CIB sticks out from ITT in both our Zacks Rank and Style Scores models, so value investors will likely feel that CIB is the better option right now.
BlackRock Inc. bought a new stake in ITT Inc. (NYSE:ITT – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 8,675,129 shares of the conglomerate’s stock, valued at approximately $1,715,593,000. BlackRock Inc. owned 9.70% of ITT at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in the company. Amundi lifted its stake in ITT by 22,565.6% in the first quarter. Amundi now owns 7,253 shares of the conglomerate’s stock worth $867,000 after purchasing an additional 7,221 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of ITT by 7.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 418,238 shares of the conglomerate’s stock worth $54,020,000 after acquiring an additional 28,937 shares during the last quarter. Empowered Funds LLC purchased a new position in ITT during the 1st quarter valued at $360,000. Focus Partners Wealth grew its position in ITT by 80.7% in the 1st quarter. Focus Partners Wealth now owns 7,871 shares of the conglomerate’s stock valued at $1,017,000 after acquiring an additional 3,515 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in ITT in the second quarter worth $1,880,000. 91.59% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In A number of brokerages have recently issued reports on ITT. KeyCorp boosted their target price on shares of ITT from $250.00 to $263.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Citigroup raised their price target on shares of ITT from $254.00 to $267.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Robert W. Baird set a $246.00 price objective on shares of ITT in a report on Thursday, May 7th. BMO Capital Markets restated an “outperform” rating and issued a $273.00 target price on shares of ITT in a research note on Friday, August 7th. Finally, Wall Street Zen lowered shares of ITT from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Eleven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $241.08.
Read Our Latest Stock Analysis on ITT Insider Activity at ITT In other news, CAO Mesa Graziano Cheryl De sold 700 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $214.54, for a total value of $150,178.00. Following the sale, the chief accounting officer directly owned 7,159 shares in the company, valued at approximately $1,535,891.86. This trade represents a 8.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.88% of the company’s stock.
ITT Stock Down 2.0% ITT stock opened at $213.34 on Thursday. The business has a fifty day moving average of $198.17 and a two-hundred day moving average of $198.99. The company has a quick ratio of 0.85, a current ratio of 1.26 and a debt-to-equity ratio of 0.60. The firm has a market cap of $19.07 billion, a P/E ratio of 41.83, a P/E/G ratio of 1.78 and a beta of 1.27. ITT Inc. has a twelve month low of $164.00 and a twelve month high of $230.32.
ITT (NYSE:ITT – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The conglomerate reported $2.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.92 by $0.16. The business had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.39 billion. ITT had a return on equity of 15.90% and a net margin of 8.90%.The business’s revenue was up 51.5% compared to the same quarter last year. During the same period last year, the business posted $1.64 EPS. ITT has set its FY 2026 guidance at 8.120-8.320 EPS. On average, analysts forecast that ITT Inc. will post 8.25 earnings per share for the current fiscal year.
ITT Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Monday, October 5th. Shareholders of record on Tuesday, September 8th will be given a dividend of $0.386 per share. This represents a $1.54 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Tuesday, September 8th. ITT’s dividend payout ratio is presently 30.20%.
About ITT (Free Report)
ITT Inc is a diversified industrial manufacturing company that designs, manufactures and services mission-critical components and systems for global markets. Its engineered solutions support applications in aerospace, defense, transportation, energy and industrial automation. The company focuses on delivering high-performance products that enable reliable fluid handling, precision motion control and robust connectivity in demanding environments.
The company’s operations are organized into three segments: Motion Technologies, which provides precision components and aftermarket repair services for aircraft engines and industrial turbines; Connect & Control Technologies, which offers specialty valves, couplings, seals and proximity sensors for fuel, hydraulics and environmental control systems; and Fluid & Motion Control, which delivers pumps, heat exchangers and fluid management solutions for oil and gas, chemical processing and power generation.
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Algebris UK Ltd. purchased a new position in ITT Inc. (NYSE:ITT – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 7,742 shares of the conglomerate’s stock, valued at approximately $1,526,000.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Capital International Investors lifted its holdings in shares of ITT by 3.0% during the fourth quarter. Capital International Investors now owns 8,797,165 shares of the conglomerate’s stock valued at $1,526,421,000 after purchasing an additional 258,936 shares in the last quarter. BlackRock Inc. bought a new stake in ITT during the 2nd quarter worth approximately $1,715,593,000. Vanguard Group Inc. lifted its position in shares of ITT by 7.9% in the fourth quarter. Vanguard Group Inc. now owns 8,460,467 shares of the conglomerate’s stock valued at $1,467,976,000 after acquiring an additional 620,217 shares in the last quarter. State Street Corp boosted its holdings in shares of ITT by 7.4% during the 4th quarter. State Street Corp now owns 2,546,710 shares of the conglomerate’s stock valued at $441,880,000 after purchasing an additional 175,367 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in ITT by 15.6% in the fourth quarter. Geode Capital Management LLC now owns 1,614,929 shares of the conglomerate’s stock worth $280,267,000 after purchasing an additional 217,360 shares during the last quarter. 91.59% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity In other news, CAO Mesa Graziano Cheryl De sold 700 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $214.54, for a total transaction of $150,178.00. Following the sale, the chief accounting officer owned 7,159 shares in the company, valued at $1,535,891.86. This trade represents a 8.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.88% of the company’s stock.
Wall Street Analyst Weigh In ITT has been the topic of a number of recent analyst reports. DA Davidson increased their price objective on shares of ITT from $255.00 to $265.00 and gave the stock a “buy” rating in a research report on Tuesday, August 11th. Wolfe Research raised shares of ITT from a “peer perform” rating to an “outperform” rating and set a $229.00 price target for the company in a research report on Thursday, July 9th. Weiss Ratings restated a “buy (b-)” rating on shares of ITT in a report on Friday, August 7th. Wall Street Zen downgraded ITT from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, KeyCorp upped their price target on shares of ITT from $250.00 to $263.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Eleven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $241.08. View Our Latest Report on ITT
ITT Price Performance Shares of NYSE ITT opened at $213.34 on Thursday. The company has a current ratio of 1.26, a quick ratio of 0.85 and a debt-to-equity ratio of 0.60. ITT Inc. has a twelve month low of $164.00 and a twelve month high of $230.32. The stock has a 50 day moving average of $198.17 and a two-hundred day moving average of $198.99. The stock has a market cap of $19.07 billion, a P/E ratio of 41.83, a P/E/G ratio of 1.78 and a beta of 1.27.
ITT (NYSE:ITT – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The conglomerate reported $2.08 earnings per share for the quarter, beating analysts’ consensus estimates of $1.92 by $0.16. ITT had a net margin of 8.90% and a return on equity of 15.90%. The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same period last year, the firm posted $1.64 EPS. ITT’s quarterly revenue was up 51.5% on a year-over-year basis. ITT has set its FY 2026 guidance at 8.120-8.320 EPS. On average, research analysts forecast that ITT Inc. will post 8.25 earnings per share for the current year.
ITT Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Monday, October 5th. Investors of record on Tuesday, September 8th will be paid a $0.386 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $1.54 annualized dividend and a yield of 0.7%. ITT’s payout ratio is presently 30.20%.
About ITT (Free Report)
ITT Inc is a diversified industrial manufacturing company that designs, manufactures and services mission-critical components and systems for global markets. Its engineered solutions support applications in aerospace, defense, transportation, energy and industrial automation. The company focuses on delivering high-performance products that enable reliable fluid handling, precision motion control and robust connectivity in demanding environments.
The company’s operations are organized into three segments: Motion Technologies, which provides precision components and aftermarket repair services for aircraft engines and industrial turbines; Connect & Control Technologies, which offers specialty valves, couplings, seals and proximity sensors for fuel, hydraulics and environmental control systems; and Fluid & Motion Control, which delivers pumps, heat exchangers and fluid management solutions for oil and gas, chemical processing and power generation.
Featured Articles Five stocks we like better than ITT Bloom Energy’s AI Surge Meets a Valuation Reality Check Target Is Winning Shoppers Back—Can the Rally Reach $180? IonQ’s Space Contract Points to a New Frontier for Quantum Investors Is Apple’s AI Strategy Smarter Than Skeptics Think? Want to see what other hedge funds are holding ITT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ITT Inc. (NYSE:ITT – Free Report).
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Empowered Funds LLC increased its holdings in shares of ITT Inc. (NYSE:ITT – Free Report) by 174.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,528 shares of the conglomerate’s stock after acquiring an additional 4,785 shares during the quarter. Empowered Funds LLC’s holdings in ITT were worth $1,434,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of the business. Elyxium Wealth LLC acquired a new position in shares of ITT during the fourth quarter valued at $29,000. Bayban bought a new stake in shares of ITT during the 4th quarter worth about $31,000. Parkside Financial Bank & Trust increased its position in shares of ITT by 62.8% during the 4th quarter. Parkside Financial Bank & Trust now owns 197 shares of the conglomerate’s stock valued at $34,000 after purchasing an additional 76 shares during the period. Entrust Financial LLC bought a new stake in shares of ITT in the 4th quarter worth $36,000. Finally, Triumph Capital Management bought a new stake in shares of ITT in the 3rd quarter worth $37,000. Institutional investors own 91.59% of the company’s stock.
Wall Street Analysts Forecast Growth Several analysts recently commented on ITT shares. Citigroup increased their target price on shares of ITT from $254.00 to $267.00 and gave the company a “buy” rating in a research note on Friday. DA Davidson lifted their target price on ITT from $245.00 to $255.00 and gave the stock a “buy” rating in a report on Monday, May 11th. Barclays boosted their target price on ITT from $210.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. Robert W. Baird set a $246.00 target price on ITT in a report on Thursday, May 7th. Finally, KeyCorp increased their price target on ITT from $250.00 to $263.00 and gave the company an “overweight” rating in a research report on Friday. Eleven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $240.25.
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ITT Stock Performance NYSE:ITT opened at $213.50 on Friday. The firm has a market capitalization of $19.09 billion, a PE ratio of 41.86, a PEG ratio of 1.94 and a beta of 1.27. The firm’s fifty day simple moving average is $194.15 and its 200 day simple moving average is $197.01. ITT Inc. has a 1 year low of $164.00 and a 1 year high of $230.32. The company has a current ratio of 1.26, a quick ratio of 1.01 and a debt-to-equity ratio of 0.60.
ITT (NYSE:ITT – Get Free Report) last released its earnings results on Thursday, August 6th. The conglomerate reported $2.08 earnings per share for the quarter, beating the consensus estimate of $1.92 by $0.16. The business had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.39 billion. ITT had a net margin of 8.90% and a return on equity of 15.90%. The firm’s revenue was up 51.5% on a year-over-year basis. During the same quarter last year, the company earned $1.64 earnings per share. ITT has set its FY 2026 guidance at 8.120-8.320 EPS. On average, sell-side analysts anticipate that ITT Inc. will post 8.22 EPS for the current year.
ITT Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 5th. Stockholders of record on Tuesday, September 8th will be paid a $0.386 dividend. This represents a $1.54 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Tuesday, September 8th. ITT’s dividend payout ratio is currently 27.16%.
More ITT News Here are the key news stories impacting ITT this week:
Positive Sentiment: ITT reported second-quarter adjusted EPS of $2.08, ahead of the $1.92–$1.93 analyst consensus, while revenue rose approximately 51% year over year to $1.47 billion, exceeding estimates. ITT Q2 Earnings Beat Estimates on Broad-Based Organic Growth Positive Sentiment: Organic revenue and orders both grew 13%, while total orders increased 53%. Strength in aerospace and defense, commercial aerospace, rail, pump projects and the Friction business supported the quarter. ITT Reports Second-Quarter Results and Raises Guidance Positive Sentiment: Management raised 2026 adjusted EPS guidance to $8.12–$8.32, or $8.22 at the midpoint, from $7.70–$8.00, above the roughly $7.92 consensus. The company also increased its organic revenue-growth outlook to 5%–8% from 4%–6% and raised expectations for revenue, margins and cash flow. ITT Raises 2026 Guidance Positive Sentiment: The SPX FLOW acquisition drove substantial sales growth, and management said integration, cost synergies and debt repayment are progressing ahead of plan, potentially improving future profitability and leverage. ITT Q2 Deep Dive Neutral Sentiment: ITT declared a quarterly dividend of $0.386 per share, payable October 5 to shareholders of record September 8. The approximately 0.7% yield adds shareholder support but is unlikely to be the primary stock catalyst. Negative Sentiment: SPX FLOW integration is contributing to margin dilution despite improving synergies, leaving execution and profitability risks as investors assess the acquisition-led growth strategy. ITT insiders have also reported only open-market sales—not purchases—in recent months. ITT Company Profile (Free Report)
ITT Inc is a diversified industrial manufacturing company that designs, manufactures and services mission-critical components and systems for global markets. Its engineered solutions support applications in aerospace, defense, transportation, energy and industrial automation. The company focuses on delivering high-performance products that enable reliable fluid handling, precision motion control and robust connectivity in demanding environments.
The company’s operations are organized into three segments: Motion Technologies, which provides precision components and aftermarket repair services for aircraft engines and industrial turbines; Connect & Control Technologies, which offers specialty valves, couplings, seals and proximity sensors for fuel, hydraulics and environmental control systems; and Fluid & Motion Control, which delivers pumps, heat exchangers and fluid management solutions for oil and gas, chemical processing and power generation.
Further Reading Five stocks we like better than ITT Datadog’s Drop Says More About Expectations Than Earnings D-Wave’s Quantum Breakthrough Couldn’t Save QBTS From a Sell-Off Cloudflare’s Beat-and-Raise Quarter Puts Its AI Edge Story in Focus Solventum Nears Inflection Point As It Begins to Unlock Value Want to see what other hedge funds are holding ITT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ITT Inc. (NYSE:ITT – Free Report).
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Industrial Tech Crossovers: When Manufacturing Meets InnovationITT NYSE: ITT reported record second-quarter results for 2026, citing organic growth across its portfolio, contributions from acquisitions and continued margin expansion. The company raised its full-year outlook for organic revenue, adjusted earnings per share and free cash flow after reporting 51% revenue growth and 18% adjusted EPS growth for the quarter ended July 4.
Chief Executive Officer and President Luca Savi said ITT grew orders 53% from a year earlier, including 13% organic growth, while revenue rose 51%, also including 13% organic growth. The company reported a quarterly book-to-bill ratio of 1.1x, adjusted EPS of $2.08 and year-to-date free cash flow of $176 million.
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16 Top Robotics Companies to Get to Know in 2023“Our ITTers delivered strong performance across the portfolio through flawless execution and the realization of benefits from our acquisitions,” Savi said during the company’s earnings call.
Segment Results and Order Trends Connect & Control Technologies, or CCT, was a major contributor to the quarter. Organic orders increased 59%, driven in part by large defense awards at kSARIA. Savi said kSARIA’s orders increased 168% during the quarter, reflecting multiyear bookings for advanced night-vision applications and fighter-jet programs. CCT also recorded organic revenue growth of 17%, supported by commercial aerospace, defense and industrial connectors.
Commercial aerospace revenue rose 14%, while defense revenue increased 16%. kSARIA revenue grew 28%, and industrial connectors revenue rose 24%, led by Europe and Asia, according to management. CCT ended the quarter with a 1.4x book-to-bill ratio and an operating margin of 21.7%, up 100 basis points year over year.
Motion Technologies reported revenue growth of 6%, including 2% organic growth, led by friction aftermarket demand, performance above global vehicle-production levels and strength in China Rail. KONI orders grew 9%, supported primarily by China Rail and defense demand. The segment’s operating margin rose 90 basis points to 21.1%, which Interim Chief Financial Officer Mike Savinelli attributed to net productivity.
Flow Technologies recorded 123% total revenue growth and 21% organic growth. Management said legacy Flow revenue benefited from higher pump-project shipments in marine energy transition, oil and gas markets, as well as 19% valve growth tied to biopharma demand. The segment’s total operating margin was 21.4%, down 160 basis points due to the full-quarter impact of SPX FLOW, which ITT acquired on March 2.
Excluding SPX FLOW, Flow Technologies expanded margins by 70 basis points, according to Savi. Management expects the segment’s margins to improve through the rest of 2026 as it realizes integration cost synergies and executes other productivity measures.
SPX FLOW Integration and Acquisition Contributions SPX FLOW reported 9% order growth in the second quarter compared with its prior-year results and 5% revenue growth. Year-to-date revenue rose 9%, which management said was in line with its full-year expectation for high-single-digit growth. SPX FLOW’s second-quarter book-to-bill ratio was 1.13x.
Savi said demand was particularly strong in mixers, where orders rose 23% across North America and China. Waukesha Cherry-Burrell orders increased 10%, while Nutrition and Health orders rose 8%, supported by European systems orders. He said the opportunity funnel was growing in North America and Europe.
During the question-and-answer session, Savi described SPX FLOW’s manufacturing sites as generally well-run with capable teams, but said ITT sees opportunities to further embed lean practices at the production-cell level and improve material flow. He also cited potential revenue synergies, including selling SPX FLOW valves and mixers to biopharma customers served by ITT’s Lancaster valve operation.
Management also highlighted the potential for Waukesha Cherry-Burrell’s hygienic distribution channels to support sales of Bornemann hygienic pumps in the U.S.
Beyond SPX FLOW, Savi said the company’s prior acquisitions of Svanehøj and kSARIA continued to contribute to growth. He said Svanehøj is expected to generate average annual revenue growth of 32% from its acquisition through the end of 2026, while kSARIA is projected to increase backlog 180% from acquisition through the end of 2026.
Cash Flow, Debt Reduction and Outlook ITT paid down $124 million of debt in the second quarter, reducing its leverage ratio to 2.5x, six months earlier than its original commitment, according to Savi. The company is targeting leverage of approximately 2.3x by year-end.
Year-to-date free cash flow of $176 million included $71 million of one-time acquisition-related expenses. Excluding those expenses, free cash flow increased 15% year over year, Savinelli said. Second-quarter free cash flow margin was 11%.
The company raised its full-year organic revenue growth outlook to a range of 5% to 8%. Savinelli said the increase reflects stronger CCT bookings, continued strength in Flow Technologies projects and short-cycle demand, friction original-equipment outperformance and better-than-expected operational performance.
Adjusted operating margin is expected to expand by more than 100 basis points, to approximately 20.5% at the midpoint. Adjusted EPS guidance was raised to $8.22 at the midpoint, a $0.37 increase from the prior midpoint and representing 14% growth. Free cash flow guidance was raised to a midpoint of $565 million, with a projected free cash flow margin of 10% to 11%. Savinelli said the revised outlook does not include additional net benefits from tariff refunds beyond the $500,000 impact recorded in the second quarter. Management described the tariff-refund impact in the quarter as immaterial.
Looking ahead, Savi said the company expects CCT revenue and margins in the second half to remain broadly consistent with second-quarter levels. He said Motion Technologies faces normal second-half seasonality but is expected to sustain stable margins, while Flow Technologies is expected to show sequential margin improvement from SPX FLOW synergies.
Management noted that delayed orders in the Middle East could affect regional growth in coming quarters, despite strong first-half revenue from previously won backlog. Savi said the company has begun to see some orders move to engineering, procurement and construction firms and that its Middle East opportunity funnel increased year over year.
About ITT (NYSE:ITT)ITT Inc is a diversified industrial manufacturing company that designs, manufactures and services mission-critical components and systems for global markets. Its engineered solutions support applications in aerospace, defense, transportation, energy and industrial automation. The company focuses on delivering high-performance products that enable reliable fluid handling, precision motion control and robust connectivity in demanding environments.
The company's operations are organized into three segments: Motion Technologies, which provides precision components and aftermarket repair services for aircraft engines and industrial turbines; Connect & Control Technologies, which offers specialty valves, couplings, seals and proximity sensors for fuel, hydraulics and environmental control systems; and Fluid & Motion Control, which delivers pumps, heat exchangers and fluid management solutions for oil and gas, chemical processing and power generation.
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Key Takeaways ITT's Q2 earnings rose 18.2% as segment operating income and operations strengthened.Flow Technologies sales surged 122.7%, aided by SPX FLOW and strength in pump projects and valves.ITT raised 2026 earnings, revenue growth, margin and free cash flow guidance. ITT Inc.’s (ITT - Free Report) second-quarter 2026 adjusted earnings of $2.08 per share surpassed the Zacks Consensus Estimate of $1.93. The bottom line jumped 18.2% year over year, aided by strong segment operating income and solid commercial and operational performance.
Total revenues of $1.47 billion beat the consensus estimate of $1.39 billion. The top line increased 51.5% year over year. Organic sales rose 12.7% year over year, driven by strength in aerospace and defense, connectors, pump projects and continued outperformance in Friction aftermarket.
ITT’s Segmental ResultsIn the first quarter of 2026, the company combined the Industrial Process segment with its SPX FLOW business to form the Flow Technologies segment.
Revenues from the Flow Technologies segment totaled $792.5 million, up 122.7% year over year. The increase primarily reflected the first full quarter of contributions from the SPX FLOW acquisition, along with strength in pump projects and valves. Our estimate was $718.7 million. Organic sales increased 20.7% and adjusted operating income grew 107.8% on a year-over-year basis.
Revenues from the Motion Technologies segment amounted to $403.6 million, implying a year-over-year increase of 5.6%. The higher sales were attributable to increased volumes from market share gains and favorable foreign currency impacts, partly offset by pricing. Our estimate was $278.6 million. Organic revenues increased 1.6% year over year. Adjusted operating income increased 10%.
Revenues from the Connect & Control Technologies segment of $295.7 million rose 17.4% year over year on a reported basis and 17.3% organically. Our estimate was $271.5 million. The results were driven by wins in defense and industrial connectors and aerospace components, along with favorable pricing actions. Adjusted operating income increased 23% year over year.
ITT’s Margin ProfileITT’s cost of revenues increased 54.9% year over year to $963 million. The gross profit jumped 45.4% to $510.1 million.
General and administrative expenses increased 68.3% year over year to $143.9 million. Sales and marketing expenses rose 70.2% to $87.5 million. Research and development expenses increased 31.6% year over year to $35.8 million.
Adjusted operating income rose 54.9% year over year to $295.2 million. The margin expanded 40 basis points to 20%.
ITT’s Balance Sheet and Cash FlowExiting the second quarter, ITT had cash and cash equivalents of $590.8 million compared with $1.74 billion at the end of fourth-quarter 2025. The company’s short-term borrowings were $858.4 million compared with $261.3 million at the end of December 2025.
In the first six months of 2026, ITT generated net cash of $231.1 million from operating activities compared with $267.1 million in the year-ago period. Capital expenditure totaled $55.2 million in the same period, up 3.8% year over year. Free cash flow was $176 million compared with $214 million in the prior-year period.
During the first six months of the year, ITT paid out dividends of $69.5 million, up 23.7% year over year. It repurchased shares worth $104.9 million in the period.
ITT's OutlookFor 2026, ITT raised its adjusted earnings guidance to $8.12-$8.32 per share from $7.70-$8.00 previously expected. The company also increased its revenue growth forecast to 38-41% from 36-38%, with organic growth now expected at 5-8% compared with 4-6% earlier. Adjusted operating margin guidance was raised to 20-20.9% from 19.7-20.6% anticipated before. Free cash flow is now projected at $550-$580 million, indicating a free cash flow margin of 10-11%.
ITT’s Zacks RankPerformance of Other CompaniesCarlisle Companies Incorporated (CSL - Free Report) reported second-quarter 2026 adjusted earnings of $7.03 per share, which beat the Zacks Consensus Estimate of $6.43 by 9.3%. The bottom line increased 12% year over year.
Revenues rose 8% year over year to a record $1.57 billion and surpassed the consensus estimate of $1.47 billion.
3M Company (MMM - Free Report) reported second-quarter 2026 adjusted earnings of $2.40 per share, which surpassed the Zacks Consensus Estimate of $2.27 by 5.7%. The bottom line increased 11% year over year.
MMM’s adjusted net revenues of $6.5 billion topped the consensus estimate of $6.4 billion and grew 5.5%. On an adjusted basis, organic revenues increased 5.4% year over year.
Graco Inc. (GGG - Free Report) reported second-quarter 2026 adjusted earnings of 91 cents per share, up 17% from 78 cents in the year-ago quarter. The bottom line surpassed the Zacks Consensus Estimate of 81 cents by 12.4%.
The company’s net sales rose 3% year over year to $590.6 million but lagged the consensus estimate of $609 million by 3%. Organic order backlog (excluding acquisitions) rose 28% from the end of 2025.
ITT (ITT), a manufacturer of engineered components for the aerospace, transportation and industrial markets, delivered a blockbuster quarter that sent its share
Bank of America Corp DE boosted its position in shares of ITT Inc. (NYSE:ITT – Free Report) by 20.4% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 902,638 shares of the conglomerate’s stock after purchasing an additional 152,635 shares during the quarter. Bank of America Corp DE owned about 1.01% of ITT worth $171,980,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also made changes to their positions in the company. Diversified Trust Co purchased a new stake in shares of ITT in the 1st quarter valued at $2,478,000. TimesSquare Capital Management LLC raised its holdings in shares of ITT by 10.3% during the fourth quarter. TimesSquare Capital Management LLC now owns 226,700 shares of the conglomerate’s stock worth $39,335,000 after purchasing an additional 21,200 shares during the last quarter. Payden & Rygel lifted its position in ITT by 34.7% during the fourth quarter. Payden & Rygel now owns 112,500 shares of the conglomerate’s stock valued at $19,520,000 after purchasing an additional 29,000 shares during the period. Allspring Global Investments Holdings LLC lifted its position in ITT by 15.8% during the first quarter. Allspring Global Investments Holdings LLC now owns 110,200 shares of the conglomerate’s stock valued at $21,264,000 after purchasing an additional 15,004 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in ITT by 7.9% in the fourth quarter. Vanguard Group Inc. now owns 8,460,467 shares of the conglomerate’s stock valued at $1,467,976,000 after purchasing an additional 620,217 shares during the last quarter. 91.59% of the stock is currently owned by hedge funds and other institutional investors.
ITT Price Performance Shares of ITT stock opened at $204.08 on Thursday. The company has a quick ratio of 1.01, a current ratio of 1.53 and a debt-to-equity ratio of 0.71. ITT Inc. has a twelve month low of $163.30 and a twelve month high of $225.26. The business has a 50-day moving average price of $193.37 and a 200 day moving average price of $196.68. The firm has a market cap of $18.24 billion, a PE ratio of 35.99, a P/E/G ratio of 1.93 and a beta of 1.27.
ITT (NYSE:ITT – Get Free Report) last announced its earnings results on Wednesday, May 6th. The conglomerate reported $1.98 earnings per share for the quarter, topping the consensus estimate of $1.77 by $0.21. The business had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.12 billion. ITT had a return on equity of 16.83% and a net margin of 10.80%.The business’s quarterly revenue was up 32.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.45 EPS. Sell-side analysts predict that ITT Inc. will post 7.89 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth Several equities research analysts have weighed in on ITT shares. Citigroup increased their price target on ITT from $252.00 to $254.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. DA Davidson boosted their price objective on ITT from $245.00 to $255.00 and gave the company a “buy” rating in a report on Monday, May 11th. Barclays upped their target price on ITT from $210.00 to $230.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 7th. Robert W. Baird set a $246.00 price target on ITT in a research report on Thursday, May 7th. Finally, Wall Street Zen downgraded ITT from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Eleven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $234.75.
Check Out Our Latest Report on ITT
Insider Activity at ITT In related news, insider Lori B. Marino sold 7,123 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $208.27, for a total transaction of $1,483,507.21. Following the completion of the sale, the insider directly owned 8,729 shares in the company, valued at approximately $1,817,988.83. The trade was a 44.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.88% of the company’s stock.
About ITT (Free Report)
ITT Inc is a diversified industrial manufacturing company that designs, manufactures and services mission-critical components and systems for global markets. Its engineered solutions support applications in aerospace, defense, transportation, energy and industrial automation. The company focuses on delivering high-performance products that enable reliable fluid handling, precision motion control and robust connectivity in demanding environments.
The company’s operations are organized into three segments: Motion Technologies, which provides precision components and aftermarket repair services for aircraft engines and industrial turbines; Connect & Control Technologies, which offers specialty valves, couplings, seals and proximity sensors for fuel, hydraulics and environmental control systems; and Fluid & Motion Control, which delivers pumps, heat exchangers and fluid management solutions for oil and gas, chemical processing and power generation.
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ITT (ITT - Free Report) came out with quarterly earnings of $2.08 per share, beating the Zacks Consensus Estimate of $1.93 per share. This compares to earnings of $1.64 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +7.77%. A quarter ago, it was expected that this supplier of parts and services to a wide variety of industries would post earnings of $1.77 per share when it actually produced earnings of $1.98, delivering a surprise of +11.86%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
ITT, which belongs to the Zacks Diversified Operations industry, posted revenues of $1.47 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 5.77%. This compares to year-ago revenues of $972.4 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
ITT shares have added about 17.6% since the beginning of the year versus the S&P 500's gain of 12.8%.
What's Next for ITT?While ITT has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for ITT was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.96 on $1.39 billion in revenues for the coming quarter and $7.89 on $5.38 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Diversified Operations is currently in the bottom 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Star Equity Holdings (STRR - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026.
This staffing company is expected to post quarterly loss of $0.07 per share in its upcoming report, which represents a year-over-year change of -158.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Star Equity Holdings' revenues are expected to be $56.9 million, up 60.1% from the year-ago quarter.
ITT Inc. (ITT) Q2 2026 Earnings Call August 6, 2026 8:30 AM EDT
Company Participants
Carleen Salvage - Vice President of Investor Relations and FP&A
Luca Savi - CEO, President & Director
Michael Savinelli - Interim CFO, VP, Treasurer, Chief Tax Officer & Assistant Secretary
Conference Call Participants
Scott Davis - Melius Research LLC
Jeffrey Hammond - KeyBanc Capital Markets Inc., Research Division
Michael Halloran - Robert W. Baird & Co. Incorporated, Research Division
Daniel DiCicco - BMO Capital Markets Equity Research
Joseph Giordano - TD Cowen, Research Division
Nathan Jones - Stifel, Nicolaus & Company, Incorporated, Research Division
Vladimir Bystricky - Citigroup Inc., Research Division
Andrew Obin - BofA Securities, Research Division
Joseph Ritchie - Goldman Sachs Group, Inc., Research Division
Presentation
Operator
Welcome to ITT's 2026 Second Quarter Conference Call. Today is Thursday, August 6, 2026. Today's call is being recorded and will be available for replay beginning at 12:00 p.m. Eastern Time. [Operator Instructions]
It is now my pleasure to turn the floor over to Carleen Salvage, Vice President, Investor Relations and FP&A. You may begin.
Carleen Salvage
Vice President of Investor Relations and FP&A
Thank you, Liz, and good morning. Joining me in Stamford today are Luca Savi, ITT's Chief Executive Officer and President; and Mike Savinelli, Interim Chief Financial Officer. Today's call will cover ITT's financial results for the 3-month period ended July 4, 2026, which we announced this morning.
Please refer to Slide 2 of the presentation available on our website, where we note that today's comments will include forward-looking statements that are based on our current expectations. Actual results may differ materially due to several risks and uncertainties, including those described in our 2025 annual report on Form 10-K and other recent SEC filings. Except where otherwise noted, the second quarter results we present this morning will be compared to the second quarter of 2025 and
For the quarter ended June 2026, ITT (ITT - Free Report) reported revenue of $1.47 billion, up 51.5% over the same period last year. EPS came in at $2.08, compared to $1.64 in the year-ago quarter.
The reported revenue represents a surprise of +5.77% over the Zacks Consensus Estimate of $1.39 billion. With the consensus EPS estimate being $1.93, the EPS surprise was +7.77%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how ITT performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues- Flow Technologies (FT): $792.5 million versus $728.51 million estimated by three analysts on average.Revenue- Intersegment eliminations: $-1.1 million versus $-1.17 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a 0% change.Revenue- Connect & Control Technologies (CCT): $295.7 million versus the three-analyst average estimate of $272.81 million. The reported number represents a year-over-year change of +17.4%.Revenue- Motion Technologies (MT): $386 million versus $394.06 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +5.6% change.Adjusted Operating Income- Flow Technologies (FT): $170 million versus the three-analyst average estimate of $144.81 million.Adjusted Operating Income- Connect & Control Technologies (CCT): $64.2 million compared to the $60.14 million average estimate based on three analysts.Adjusted Operating Income- Motion Technologies (MT): $81.4 million versus the three-analyst average estimate of $82.08 million.Adjusted Operating Income- Corporate: $-20.4 million versus the three-analyst average estimate of $-22.18 million.View all Key Company Metrics for ITT here>>>
Shares of ITT have returned +10.1% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
Investors with an interest in Diversified Operations stocks have likely encountered both Grupo Cibest (CIB) and ITT (ITT). But which of these two stocks offers value investors a better bang for their buck right now?
In its upcoming report, ITT (ITT - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.93 per share, reflecting an increase of 17.7% compared to the same period last year. Revenues are forecasted to be $1.39 billion, representing a year-over-year increase of 43.2%.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.4% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
In light of this perspective, let's dive into the average estimates of certain ITT metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts' assessment points toward 'Revenue- Connect & Control Technologies (CCT)' reaching $272.81 million. The estimate indicates a year-over-year change of +8.3%.
The collective assessment of analysts points to an estimated 'Revenue- Motion Technologies (MT)' of $394.06 million. The estimate points to a change of +7.8% from the year-ago quarter.
The combined assessment of analysts suggests that 'Adjusted Operating Income- Connect & Control Technologies (CCT)' will likely reach $60.14 million. Compared to the present estimate, the company reported $45.10 million in the same quarter last year.
Based on the collective assessment of analysts, 'Adjusted Operating Income- Motion Technologies (MT)' should arrive at $82.08 million. The estimate is in contrast to the year-ago figure of $73.80 million.
View all Key Company Metrics for ITT here>>>
Shares of ITT have demonstrated returns of +10.9% over the past month compared to the Zacks S&P 500 composite's +3.5% change. With a Zacks Rank #4 (Sell), ITT is expected to lag the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
ITT (ITT - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The earnings report, which is expected to be released on August 6, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis supplier of parts and services to a wide variety of industries is expected to post quarterly earnings of $1.93 per share in its upcoming report, which represents a year-over-year change of +17.7%.
Revenues are expected to be $1.39 billion, up 43.2% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.38% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for ITT?For ITT, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.52%.
On the other hand, the stock currently carries a Zacks Rank of #4.
So, this combination makes it difficult to conclusively predict that ITT will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that ITT would post earnings of $1.77 per share when it actually produced earnings of $1.98, delivering a surprise of +11.86%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
ITT doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
On July 29, 2026, ITT Inc (ITT) shares fell 4.1% to a current price of $190.80. This price is within a 52-week range of $157.67 to $225.26, reflecting a notable
Entropy Technologies LP bought a new stake in shares of ITT Inc. (NYSE:ITT – Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 7,471 shares of the conglomerate’s stock, valued at approximately $1,423,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Elyxium Wealth LLC bought a new stake in ITT during the fourth quarter worth approximately $29,000. Bayban acquired a new stake in ITT in the 4th quarter worth $31,000. Parkside Financial Bank & Trust increased its stake in ITT by 62.8% during the fourth quarter. Parkside Financial Bank & Trust now owns 197 shares of the conglomerate’s stock valued at $34,000 after acquiring an additional 76 shares during the period. Entrust Financial LLC bought a new stake in shares of ITT during the fourth quarter valued at approximately $36,000. Finally, Triumph Capital Management bought a new stake in ITT in the 3rd quarter valued at $37,000. Institutional investors and hedge funds own 91.59% of the company’s stock.
Analysts Set New Price Targets A number of equities analysts have recently issued reports on ITT shares. The Goldman Sachs Group started coverage on ITT in a report on Tuesday, March 31st. They issued a “buy” rating and a $270.00 target price for the company. Weiss Ratings lowered ITT from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, May 13th. DA Davidson lifted their price objective on ITT from $245.00 to $255.00 and gave the company a “buy” rating in a report on Monday, May 11th. Barclays boosted their price target on shares of ITT from $210.00 to $230.00 and gave the company an “equal weight” rating in a research report on Thursday, May 7th. Finally, Wall Street Zen cut ITT from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Eleven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, ITT presently has an average rating of “Moderate Buy” and a consensus target price of $234.75.
Get Our Latest Analysis on ITT
ITT Stock Performance Shares of ITT opened at $197.50 on Tuesday. ITT Inc. has a 12 month low of $157.66 and a 12 month high of $225.26. The stock has a market capitalization of $17.66 billion, a price-to-earnings ratio of 34.83, a PEG ratio of 1.84 and a beta of 1.27. The company has a current ratio of 1.53, a quick ratio of 1.01 and a debt-to-equity ratio of 0.71. The firm has a fifty day simple moving average of $192.92 and a 200 day simple moving average of $195.87.
ITT (NYSE:ITT – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The conglomerate reported $1.98 earnings per share for the quarter, beating analysts’ consensus estimates of $1.77 by $0.21. The firm had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.12 billion. ITT had a return on equity of 16.83% and a net margin of 10.80%.The business’s revenue was up 32.7% compared to the same quarter last year. During the same period last year, the company earned $1.45 earnings per share. ITT has set its FY 2026 guidance at 7.700-8.000 EPS. Research analysts forecast that ITT Inc. will post 7.89 EPS for the current fiscal year.
ITT Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Monday, June 8th were paid a $0.386 dividend. The ex-dividend date was Monday, June 8th. This represents a $1.54 dividend on an annualized basis and a yield of 0.8%. ITT’s dividend payout ratio (DPR) is currently 27.16%.
Insiders Place Their Bets In other news, CAO Mesa Graziano Cheryl De sold 200 shares of ITT stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $208.41, for a total value of $41,682.00. Following the completion of the transaction, the chief accounting officer owned 7,859 shares of the company’s stock, valued at $1,637,894.19. This trade represents a 2.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Lori B. Marino sold 7,123 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $208.27, for a total value of $1,483,507.21. Following the transaction, the insider directly owned 8,729 shares in the company, valued at approximately $1,817,988.83. This trade represents a 44.93% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.88% of the company’s stock.
ITT Company Profile (Free Report)
ITT Inc is a diversified industrial manufacturing company that designs, manufactures and services mission-critical components and systems for global markets. Its engineered solutions support applications in aerospace, defense, transportation, energy and industrial automation. The company focuses on delivering high-performance products that enable reliable fluid handling, precision motion control and robust connectivity in demanding environments.
The company’s operations are organized into three segments: Motion Technologies, which provides precision components and aftermarket repair services for aircraft engines and industrial turbines; Connect & Control Technologies, which offers specialty valves, couplings, seals and proximity sensors for fuel, hydraulics and environmental control systems; and Fluid & Motion Control, which delivers pumps, heat exchangers and fluid management solutions for oil and gas, chemical processing and power generation.
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Bank of Nova Scotia cut its stake in shares of ITT Inc. (NYSE:ITT – Free Report) by 65.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,658 shares of the conglomerate’s stock after selling 49,923 shares during the quarter. Bank of Nova Scotia’s holdings in ITT were worth $5,079,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in ITT. Sei Investments Co. grew its position in ITT by 15.1% during the 1st quarter. Sei Investments Co. now owns 114,867 shares of the conglomerate’s stock worth $21,883,000 after acquiring an additional 15,090 shares during the last quarter. Lido Advisors LLC bought a new stake in shares of ITT during the first quarter worth about $294,000. Cetera Investment Advisers increased its stake in shares of ITT by 3.1% in the first quarter. Cetera Investment Advisers now owns 10,802 shares of the conglomerate’s stock valued at $2,058,000 after buying an additional 328 shares during the period. Meeder Advisory Services Inc. bought a new position in ITT in the 1st quarter valued at approximately $201,000. Finally, Parallel Advisors LLC raised its holdings in ITT by 31.4% in the 1st quarter. Parallel Advisors LLC now owns 958 shares of the conglomerate’s stock valued at $183,000 after buying an additional 229 shares during the last quarter. 91.59% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at ITT In other ITT news, insider Lori B. Marino sold 7,123 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $208.27, for a total value of $1,483,507.21. Following the completion of the sale, the insider owned 8,729 shares in the company, valued at approximately $1,817,988.83. The trade was a 44.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Mesa Graziano Cheryl De sold 200 shares of the stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $208.41, for a total transaction of $41,682.00. Following the sale, the chief accounting officer directly owned 7,859 shares of the company’s stock, valued at $1,637,894.19. The trade was a 2.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.88% of the company’s stock.
ITT Trading Up 0.8% NYSE ITT opened at $197.50 on Tuesday. The business’s fifty day moving average is $192.92 and its 200-day moving average is $195.87. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.53 and a quick ratio of 1.01. The stock has a market capitalization of $17.66 billion, a price-to-earnings ratio of 34.83, a PEG ratio of 1.84 and a beta of 1.27. ITT Inc. has a one year low of $157.66 and a one year high of $225.26.
ITT (NYSE:ITT – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The conglomerate reported $1.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.77 by $0.21. ITT had a return on equity of 16.83% and a net margin of 10.80%.The business had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.12 billion. During the same period in the previous year, the business posted $1.45 EPS. The firm’s quarterly revenue was up 32.7% compared to the same quarter last year. ITT has set its FY 2026 guidance at 7.700-8.000 EPS. Equities research analysts predict that ITT Inc. will post 7.89 EPS for the current year.
ITT Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Monday, June 8th were issued a $0.386 dividend. The ex-dividend date of this dividend was Monday, June 8th. This represents a $1.54 dividend on an annualized basis and a dividend yield of 0.8%. ITT’s dividend payout ratio is presently 27.16%.
Wall Street Analysts Forecast Growth A number of brokerages have recently issued reports on ITT. Robert W. Baird set a $246.00 price objective on ITT in a research report on Thursday, May 7th. The Goldman Sachs Group started coverage on shares of ITT in a research report on Tuesday, March 31st. They set a “buy” rating and a $270.00 target price for the company. DA Davidson raised their price target on shares of ITT from $245.00 to $255.00 and gave the stock a “buy” rating in a report on Monday, May 11th. Wall Street Zen downgraded shares of ITT from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Stifel Nicolaus upped their price objective on shares of ITT from $246.00 to $250.00 and gave the company a “buy” rating in a research note on Monday, July 20th. Eleven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $234.75.
View Our Latest Stock Analysis on ITT
ITT Profile (Free Report)
ITT Inc is a diversified industrial manufacturing company that designs, manufactures and services mission-critical components and systems for global markets. Its engineered solutions support applications in aerospace, defense, transportation, energy and industrial automation. The company focuses on delivering high-performance products that enable reliable fluid handling, precision motion control and robust connectivity in demanding environments.
The company’s operations are organized into three segments: Motion Technologies, which provides precision components and aftermarket repair services for aircraft engines and industrial turbines; Connect & Control Technologies, which offers specialty valves, couplings, seals and proximity sensors for fuel, hydraulics and environmental control systems; and Fluid & Motion Control, which delivers pumps, heat exchangers and fluid management solutions for oil and gas, chemical processing and power generation.
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Dimensional Fund Advisors LP trimmed its stake in ITT Inc. (NYSE:ITT – Free Report) by 3.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 729,367 shares of the conglomerate’s stock after selling 27,826 shares during the period. Dimensional Fund Advisors LP owned 0.82% of ITT worth $138,927,000 at the end of the most recent reporting period.
A number of other institutional investors also recently bought and sold shares of ITT. Andina Capital Management LLC grew its holdings in ITT by 1.6% during the fourth quarter. Andina Capital Management LLC now owns 3,166 shares of the conglomerate’s stock valued at $549,000 after purchasing an additional 49 shares during the period. Kestra Private Wealth Services LLC raised its stake in shares of ITT by 2.8% in the first quarter. Kestra Private Wealth Services LLC now owns 1,942 shares of the conglomerate’s stock worth $370,000 after buying an additional 52 shares during the period. Whittier Trust Co. lifted its position in shares of ITT by 5.1% during the 1st quarter. Whittier Trust Co. now owns 1,064 shares of the conglomerate’s stock valued at $207,000 after buying an additional 52 shares in the last quarter. Toronto Dominion Bank grew its stake in shares of ITT by 2.2% during the 4th quarter. Toronto Dominion Bank now owns 2,481 shares of the conglomerate’s stock valued at $430,000 after acquiring an additional 53 shares during the period. Finally, Stephens Inc. AR grew its stake in shares of ITT by 3.8% during the 4th quarter. Stephens Inc. AR now owns 1,654 shares of the conglomerate’s stock valued at $287,000 after acquiring an additional 60 shares during the period. 91.59% of the stock is owned by institutional investors.
Insider Transactions at ITT In related news, CAO Mesa Graziano Cheryl De sold 200 shares of the business’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $208.41, for a total value of $41,682.00. Following the sale, the chief accounting officer directly owned 7,859 shares in the company, valued at approximately $1,637,894.19. The trade was a 2.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Lori B. Marino sold 7,123 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $208.27, for a total value of $1,483,507.21. Following the transaction, the insider directly owned 8,729 shares of the company’s stock, valued at approximately $1,817,988.83. The trade was a 44.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.88% of the stock is currently owned by insiders.
ITT Price Performance Shares of NYSE:ITT opened at $195.78 on Monday. The firm has a market cap of $17.50 billion, a price-to-earnings ratio of 34.53, a P/E/G ratio of 1.84 and a beta of 1.27. The firm has a fifty day moving average price of $192.87 and a 200 day moving average price of $195.74. ITT Inc. has a fifty-two week low of $157.66 and a fifty-two week high of $225.26. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.01 and a current ratio of 1.53.
ITT (NYSE:ITT – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The conglomerate reported $1.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.77 by $0.21. The company had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.12 billion. ITT had a net margin of 10.80% and a return on equity of 16.83%. ITT’s revenue for the quarter was up 32.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.45 EPS. ITT has set its FY 2026 guidance at 7.700-8.000 EPS. As a group, sell-side analysts expect that ITT Inc. will post 7.89 earnings per share for the current fiscal year.
ITT Announces Dividend The company also recently announced a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Monday, June 8th were issued a $0.386 dividend. This represents a $1.54 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, June 8th. ITT’s payout ratio is 27.16%.
Analysts Set New Price Targets A number of research firms have commented on ITT. The Goldman Sachs Group began coverage on shares of ITT in a research note on Tuesday, March 31st. They set a “buy” rating and a $270.00 target price on the stock. Weiss Ratings lowered shares of ITT from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, May 13th. Wolfe Research raised shares of ITT from a “peer perform” rating to an “outperform” rating and set a $229.00 price objective for the company in a research note on Thursday, July 9th. Wall Street Zen downgraded shares of ITT from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Barclays lifted their target price on shares of ITT from $210.00 to $230.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Eleven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $234.75.
Check Out Our Latest Research Report on ITT
ITT Company Profile (Free Report)
ITT Inc is a diversified industrial manufacturing company that designs, manufactures and services mission-critical components and systems for global markets. Its engineered solutions support applications in aerospace, defense, transportation, energy and industrial automation. The company focuses on delivering high-performance products that enable reliable fluid handling, precision motion control and robust connectivity in demanding environments.
The company’s operations are organized into three segments: Motion Technologies, which provides precision components and aftermarket repair services for aircraft engines and industrial turbines; Connect & Control Technologies, which offers specialty valves, couplings, seals and proximity sensors for fuel, hydraulics and environmental control systems; and Fluid & Motion Control, which delivers pumps, heat exchangers and fluid management solutions for oil and gas, chemical processing and power generation.
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California Public Employees Retirement System lifted its stake in ITT Inc. (NYSE:ITT – Free Report) by 7.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 165,478 shares of the conglomerate’s stock after purchasing an additional 11,078 shares during the period. California Public Employees Retirement System owned 0.19% of ITT worth $31,529,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Andina Capital Management LLC boosted its position in ITT by 1.6% during the 4th quarter. Andina Capital Management LLC now owns 3,166 shares of the conglomerate’s stock valued at $549,000 after acquiring an additional 49 shares in the last quarter. Kestra Private Wealth Services LLC raised its position in shares of ITT by 2.8% in the 1st quarter. Kestra Private Wealth Services LLC now owns 1,942 shares of the conglomerate’s stock worth $370,000 after acquiring an additional 52 shares in the last quarter. Whittier Trust Co. raised its position in shares of ITT by 5.1% in the 1st quarter. Whittier Trust Co. now owns 1,064 shares of the conglomerate’s stock worth $207,000 after acquiring an additional 52 shares in the last quarter. Toronto Dominion Bank lifted its stake in shares of ITT by 2.2% in the 4th quarter. Toronto Dominion Bank now owns 2,481 shares of the conglomerate’s stock valued at $430,000 after purchasing an additional 53 shares during the period. Finally, Stephens Inc. AR lifted its stake in shares of ITT by 3.8% in the 4th quarter. Stephens Inc. AR now owns 1,654 shares of the conglomerate’s stock valued at $287,000 after purchasing an additional 60 shares during the period. Hedge funds and other institutional investors own 91.59% of the company’s stock.
Wall Street Analyst Weigh In Several equities research analysts recently weighed in on ITT shares. BMO Capital Markets began coverage on ITT in a research note on Friday, March 27th. They issued an “outperform” rating and a $233.00 price target on the stock. Citigroup raised their price objective on ITT from $252.00 to $254.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Weiss Ratings cut shares of ITT from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, May 13th. Barclays upped their target price on shares of ITT from $210.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. Finally, KeyCorp increased their price target on shares of ITT from $230.00 to $250.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Eleven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, ITT has an average rating of “Moderate Buy” and an average price target of $234.75.
Read Our Latest Research Report on ITT
ITT Stock Performance ITT stock opened at $191.96 on Wednesday. The company has a quick ratio of 1.01, a current ratio of 1.53 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $17.16 billion, a P/E ratio of 33.85, a PEG ratio of 1.80 and a beta of 1.27. The stock’s 50 day moving average is $193.21 and its 200 day moving average is $195.34. ITT Inc. has a twelve month low of $155.58 and a twelve month high of $225.26.
ITT (NYSE:ITT – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The conglomerate reported $1.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.77 by $0.21. ITT had a return on equity of 16.83% and a net margin of 10.80%.The business had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.12 billion. During the same quarter in the previous year, the business earned $1.45 earnings per share. The firm’s quarterly revenue was up 32.7% compared to the same quarter last year. ITT has set its FY 2026 guidance at 7.700-8.000 EPS. On average, equities research analysts predict that ITT Inc. will post 7.91 earnings per share for the current fiscal year.
ITT Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Monday, June 8th were given a $0.386 dividend. This represents a $1.54 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, June 8th. ITT’s payout ratio is currently 27.16%.
Insider Activity In related news, CAO Mesa Graziano Cheryl De sold 200 shares of the company’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $208.41, for a total value of $41,682.00. Following the transaction, the chief accounting officer owned 7,859 shares in the company, valued at $1,637,894.19. The trade was a 2.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Lori B. Marino sold 7,123 shares of the stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $208.27, for a total transaction of $1,483,507.21. Following the sale, the insider directly owned 8,729 shares in the company, valued at $1,817,988.83. This trade represents a 44.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.88% of the stock is owned by insiders.
About ITT (Free Report)
ITT Inc is a diversified industrial manufacturing company that designs, manufactures and services mission-critical components and systems for global markets. Its engineered solutions support applications in aerospace, defense, transportation, energy and industrial automation. The company focuses on delivering high-performance products that enable reliable fluid handling, precision motion control and robust connectivity in demanding environments.
The company’s operations are organized into three segments: Motion Technologies, which provides precision components and aftermarket repair services for aircraft engines and industrial turbines; Connect & Control Technologies, which offers specialty valves, couplings, seals and proximity sensors for fuel, hydraulics and environmental control systems; and Fluid & Motion Control, which delivers pumps, heat exchangers and fluid management solutions for oil and gas, chemical processing and power generation.
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Assetmark Inc. raised its stake in ITT Inc. (NYSE:ITT – Free Report) by 6,323.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,434 shares of the conglomerate’s stock after purchasing an additional 40,789 shares during the period. Assetmark Inc.’s holdings in ITT were worth $7,894,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also made changes to their positions in the company. Andina Capital Management LLC grew its position in shares of ITT by 1.6% during the fourth quarter. Andina Capital Management LLC now owns 3,166 shares of the conglomerate’s stock worth $549,000 after buying an additional 49 shares in the last quarter. Kestra Private Wealth Services LLC raised its holdings in ITT by 2.8% in the first quarter. Kestra Private Wealth Services LLC now owns 1,942 shares of the conglomerate’s stock valued at $370,000 after acquiring an additional 52 shares in the last quarter. Whittier Trust Co. lifted its stake in ITT by 5.1% in the first quarter. Whittier Trust Co. now owns 1,064 shares of the conglomerate’s stock worth $207,000 after acquiring an additional 52 shares during the last quarter. Toronto Dominion Bank increased its position in shares of ITT by 2.2% in the 4th quarter. Toronto Dominion Bank now owns 2,481 shares of the conglomerate’s stock valued at $430,000 after purchasing an additional 53 shares during the last quarter. Finally, Stephens Inc. AR increased its position in shares of ITT by 3.8% in the 4th quarter. Stephens Inc. AR now owns 1,654 shares of the conglomerate’s stock valued at $287,000 after purchasing an additional 60 shares during the last quarter. Hedge funds and other institutional investors own 91.59% of the company’s stock.
Analyst Ratings Changes Several equities research analysts have recently issued reports on ITT shares. Wall Street Zen cut shares of ITT from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. KeyCorp raised their price target on ITT from $230.00 to $250.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Robert W. Baird set a $246.00 price objective on ITT in a research report on Thursday, May 7th. Citigroup increased their price objective on ITT from $252.00 to $254.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Finally, DA Davidson raised their target price on ITT from $245.00 to $255.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. Eleven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $234.75.
View Our Latest Report on ITT
ITT Price Performance Shares of NYSE:ITT opened at $191.18 on Tuesday. ITT Inc. has a one year low of $155.58 and a one year high of $225.26. The stock has a market capitalization of $17.09 billion, a price-to-earnings ratio of 33.72, a PEG ratio of 1.81 and a beta of 1.27. The company has a 50-day simple moving average of $193.49 and a 200-day simple moving average of $195.21. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.01 and a current ratio of 1.53.
ITT (NYSE:ITT – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The conglomerate reported $1.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.77 by $0.21. The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.12 billion. ITT had a return on equity of 16.83% and a net margin of 10.80%.The business’s revenue was up 32.7% on a year-over-year basis. During the same quarter last year, the company posted $1.45 earnings per share. ITT has set its FY 2026 guidance at 7.700-8.000 EPS. On average, analysts predict that ITT Inc. will post 7.91 EPS for the current year.
ITT Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Monday, June 8th were paid a $0.386 dividend. This represents a $1.54 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Monday, June 8th. ITT’s dividend payout ratio (DPR) is 27.16%.
Insider Buying and Selling In other news, CAO Mesa Graziano Cheryl De sold 200 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $208.41, for a total value of $41,682.00. Following the transaction, the chief accounting officer owned 7,859 shares of the company’s stock, valued at approximately $1,637,894.19. The trade was a 2.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Lori B. Marino sold 7,123 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $208.27, for a total value of $1,483,507.21. Following the sale, the insider owned 8,729 shares of the company’s stock, valued at $1,817,988.83. This trade represents a 44.93% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.88% of the company’s stock.
ITT Profile (Free Report)
ITT Inc is a diversified industrial manufacturing company that designs, manufactures and services mission-critical components and systems for global markets. Its engineered solutions support applications in aerospace, defense, transportation, energy and industrial automation. The company focuses on delivering high-performance products that enable reliable fluid handling, precision motion control and robust connectivity in demanding environments.
The company’s operations are organized into three segments: Motion Technologies, which provides precision components and aftermarket repair services for aircraft engines and industrial turbines; Connect & Control Technologies, which offers specialty valves, couplings, seals and proximity sensors for fuel, hydraulics and environmental control systems; and Fluid & Motion Control, which delivers pumps, heat exchangers and fluid management solutions for oil and gas, chemical processing and power generation.
Recommended Stories Five stocks we like better than ITT The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding ITT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ITT Inc. (NYSE:ITT – Free Report).
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Bank of New York Mellon Corp reduced its holdings in ITT Inc. (NYSE:ITT – Free Report) by 9.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 619,524 shares of the conglomerate’s stock after selling 68,403 shares during the quarter. Bank of New York Mellon Corp owned about 0.69% of ITT worth $118,038,000 at the end of the most recent quarter.
Several other hedge funds have also recently made changes to their positions in the business. Elyxium Wealth LLC purchased a new position in ITT during the 4th quarter valued at $29,000. Bayban purchased a new stake in shares of ITT in the 4th quarter worth about $31,000. Parkside Financial Bank & Trust boosted its stake in shares of ITT by 62.8% during the 4th quarter. Parkside Financial Bank & Trust now owns 197 shares of the conglomerate’s stock valued at $34,000 after purchasing an additional 76 shares in the last quarter. Triumph Capital Management purchased a new position in shares of ITT during the third quarter valued at about $37,000. Finally, Entrust Financial LLC purchased a new position in shares of ITT during the fourth quarter valued at about $36,000. 91.59% of the stock is owned by hedge funds and other institutional investors.
ITT Trading Down 0.7% ITT stock opened at $191.18 on Tuesday. ITT Inc. has a 12 month low of $155.58 and a 12 month high of $225.26. The company has a market capitalization of $17.09 billion, a price-to-earnings ratio of 33.72, a price-to-earnings-growth ratio of 1.81 and a beta of 1.27. The business’s fifty day simple moving average is $193.49 and its two-hundred day simple moving average is $195.21. The company has a current ratio of 1.53, a quick ratio of 1.01 and a debt-to-equity ratio of 0.71.
ITT (NYSE:ITT – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The conglomerate reported $1.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.77 by $0.21. The firm had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.12 billion. ITT had a return on equity of 16.83% and a net margin of 10.80%.ITT’s quarterly revenue was up 32.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.45 EPS. ITT has set its FY 2026 guidance at 7.700-8.000 EPS. As a group, equities analysts predict that ITT Inc. will post 7.91 earnings per share for the current fiscal year.
ITT Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Monday, June 8th were given a dividend of $0.386 per share. The ex-dividend date of this dividend was Monday, June 8th. This represents a $1.54 annualized dividend and a dividend yield of 0.8%. ITT’s dividend payout ratio (DPR) is 27.16%.
Wall Street Analysts Forecast Growth Several analysts have commented on ITT shares. The Goldman Sachs Group assumed coverage on shares of ITT in a report on Tuesday, March 31st. They issued a “buy” rating and a $270.00 price objective for the company. DA Davidson raised their target price on ITT from $245.00 to $255.00 and gave the company a “buy” rating in a research note on Monday, May 11th. Wolfe Research upgraded ITT from a “peer perform” rating to an “outperform” rating and set a $229.00 price target on the stock in a research report on Thursday, July 9th. Citigroup upped their price target on ITT from $252.00 to $254.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Finally, Weiss Ratings cut shares of ITT from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, May 13th. Eleven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $234.75.
View Our Latest Stock Analysis on ITT
Insider Buying and Selling In related news, insider Lori B. Marino sold 7,123 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $208.27, for a total value of $1,483,507.21. Following the transaction, the insider directly owned 8,729 shares of the company’s stock, valued at approximately $1,817,988.83. This represents a 44.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Mesa Graziano Cheryl De sold 200 shares of the stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $208.41, for a total value of $41,682.00. Following the sale, the chief accounting officer owned 7,859 shares in the company, valued at approximately $1,637,894.19. This represents a 2.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.88% of the stock is owned by insiders.
ITT Company Profile (Free Report)
ITT Inc is a diversified industrial manufacturing company that designs, manufactures and services mission-critical components and systems for global markets. Its engineered solutions support applications in aerospace, defense, transportation, energy and industrial automation. The company focuses on delivering high-performance products that enable reliable fluid handling, precision motion control and robust connectivity in demanding environments.
The company’s operations are organized into three segments: Motion Technologies, which provides precision components and aftermarket repair services for aircraft engines and industrial turbines; Connect & Control Technologies, which offers specialty valves, couplings, seals and proximity sensors for fuel, hydraulics and environmental control systems; and Fluid & Motion Control, which delivers pumps, heat exchangers and fluid management solutions for oil and gas, chemical processing and power generation.
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Allspring Global Investments Holdings LLC raised its holdings in ITT Inc. (NYSE:ITT – Free Report) by 15.8% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 110,200 shares of the conglomerate’s stock after acquiring an additional 15,004 shares during the quarter. Allspring Global Investments Holdings LLC owned about 0.12% of ITT worth $21,264,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of ITT. Diversified Trust Co acquired a new position in ITT during the first quarter worth $2,478,000. TimesSquare Capital Management LLC lifted its holdings in ITT by 10.3% in the 4th quarter. TimesSquare Capital Management LLC now owns 226,700 shares of the conglomerate’s stock worth $39,335,000 after purchasing an additional 21,200 shares during the last quarter. Payden & Rygel boosted its position in ITT by 34.7% during the fourth quarter. Payden & Rygel now owns 112,500 shares of the conglomerate’s stock worth $19,520,000 after purchasing an additional 29,000 shares during the period. Vanguard Group Inc. grew its holdings in ITT by 7.9% during the fourth quarter. Vanguard Group Inc. now owns 8,460,467 shares of the conglomerate’s stock valued at $1,467,976,000 after purchasing an additional 620,217 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of ITT by 15.6% during the 4th quarter. Geode Capital Management LLC now owns 1,614,929 shares of the conglomerate’s stock worth $280,267,000 after buying an additional 217,360 shares during the period. Institutional investors own 91.59% of the company’s stock.
Analysts Set New Price Targets ITT has been the topic of several recent analyst reports. The Goldman Sachs Group started coverage on shares of ITT in a report on Tuesday, March 31st. They issued a “buy” rating and a $270.00 target price on the stock. KeyCorp upped their target price on shares of ITT from $230.00 to $250.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Robert W. Baird set a $246.00 price target on shares of ITT in a report on Thursday, May 7th. Citigroup raised their price target on shares of ITT from $252.00 to $254.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Finally, Wolfe Research raised ITT from a “peer perform” rating to an “outperform” rating and set a $229.00 price objective on the stock in a report on Thursday, July 9th. Eleven analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, ITT presently has a consensus rating of “Moderate Buy” and an average price target of $234.75.
Read Our Latest Report on ITT
Insiders Place Their Bets In other news, CAO Mesa Graziano Cheryl De sold 200 shares of the business’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $208.41, for a total value of $41,682.00. Following the sale, the chief accounting officer owned 7,859 shares in the company, valued at approximately $1,637,894.19. The trade was a 2.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Lori B. Marino sold 7,123 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $208.27, for a total transaction of $1,483,507.21. Following the completion of the sale, the insider directly owned 8,729 shares in the company, valued at approximately $1,817,988.83. The trade was a 44.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.88% of the company’s stock.
ITT Stock Performance NYSE ITT opened at $191.18 on Tuesday. ITT Inc. has a twelve month low of $155.58 and a twelve month high of $225.26. The company has a quick ratio of 1.01, a current ratio of 1.53 and a debt-to-equity ratio of 0.71. The stock has a market cap of $17.09 billion, a P/E ratio of 33.72, a PEG ratio of 1.81 and a beta of 1.27. The company’s 50-day simple moving average is $193.49 and its 200 day simple moving average is $195.21.
ITT (NYSE:ITT – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The conglomerate reported $1.98 EPS for the quarter, topping analysts’ consensus estimates of $1.77 by $0.21. The firm had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.12 billion. ITT had a net margin of 10.80% and a return on equity of 16.83%. The company’s revenue for the quarter was up 32.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.45 earnings per share. ITT has set its FY 2026 guidance at 7.700-8.000 EPS. As a group, research analysts forecast that ITT Inc. will post 7.91 earnings per share for the current fiscal year.
ITT Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Monday, June 8th were given a dividend of $0.386 per share. This represents a $1.54 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Monday, June 8th. ITT’s dividend payout ratio (DPR) is 27.16%.
About ITT (Free Report)
ITT Inc is a diversified industrial manufacturing company that designs, manufactures and services mission-critical components and systems for global markets. Its engineered solutions support applications in aerospace, defense, transportation, energy and industrial automation. The company focuses on delivering high-performance products that enable reliable fluid handling, precision motion control and robust connectivity in demanding environments.
The company’s operations are organized into three segments: Motion Technologies, which provides precision components and aftermarket repair services for aircraft engines and industrial turbines; Connect & Control Technologies, which offers specialty valves, couplings, seals and proximity sensors for fuel, hydraulics and environmental control systems; and Fluid & Motion Control, which delivers pumps, heat exchangers and fluid management solutions for oil and gas, chemical processing and power generation.
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Investors interested in stocks from the Diversified Operations sector have probably already heard of Grupo Cibest (CIB - Free Report) and ITT (ITT - Free Report) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.
The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.
Right now, Grupo Cibest is sporting a Zacks Rank of #1 (Strong Buy), while ITT has a Zacks Rank of #4 (Sell). This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that CIB is likely seeing its earnings outlook improve to a greater extent. But this is only part of the picture for value investors.
Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels.
The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors.
CIB currently has a forward P/E ratio of 9.07, while ITT has a forward P/E of 24.34. We also note that CIB has a PEG ratio of 0.92. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. ITT currently has a PEG ratio of 1.81.
Another notable valuation metric for CIB is its P/B ratio of 1.69. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, ITT has a P/B of 3.63.
These metrics, and several others, help CIB earn a Value grade of A, while ITT has been given a Value grade of D.
CIB stands above ITT thanks to its solid earnings outlook, and based on these valuation figures, we also feel that CIB is the superior value option right now.
STAMFORD, Conn.--(BUSINESS WIRE)--July 16, 2026-- ITT Inc. (NYSE: ITT) will release its second quarter financial results before the opening of the New York Stock Exchange on Thursday, August 6, 2026. The company will hold a conference call at 8:30 a.m. ET on August 6 to discuss its second quarter performance.
To participate on the conference call, click here to register. After completing the online registration form, participants will receive the dial-in number and a unique PIN. Participants should join the call ten minutes before 8:30 a.m. ET on Thursday, August 6.
A real-time audio webcast of the presentation will also be available at https://investors.itt.com, where related materials will be available prior to the presentation. A replay of the webcast will be available beginning two hours after the call.
About ITT
ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the transportation, industrial, nutrition and health and energy markets. The company operates through three value centers: Flow Technologies, Motion Technologies and Connect & Control Technologies. Building on its heritage of innovation, ITT partners with its customers to deliver enduring solutions to the key industries that underpin our modern way of life. ITT is headquartered in Stamford, Connecticut, with employees in more than 40 countries and sales in approximately 125 countries. For more information, visit www.itt.com.
STAMFORD, Conn.--(BUSINESS WIRE)--July 6, 2026-- ITT Inc. (NYSE: ITT) today announced the completion of its acquisition of the privately held Aerospace Contacts LLC (Aerospace Contacts), a recognized manufacturer of critical, high-reliability precision contacts, for a purchase price of $31 million.
Aerospace Contacts’ product portfolio primarily consists of custom contacts, housings and shells, with specialized capabilities supporting high-mix, custom contact requirements for harsh-environment connector applications. The majority of its annual sales are generated from customers in the Americas serving the aerospace and defense end markets.
Aerospace Contacts is a long-standing supplier of ITT Cannon and will strengthen supply chain resilience as part of ITT's Connect & Control Technologies business while also positioning ITT for further growth in this highly strategic market.
About ITT
ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the transportation, industrial, nutrition and health and energy markets. The company operates through three value centers: Flow Technologies, Motion Technologies and Connect & Control Technologies. Building on its heritage of innovation, ITT partners with its customers to deliver enduring solutions to the key industries that underpin our modern way of life. ITT is headquartered in Stamford, Connecticut, with employees in more than 40 countries and sales in approximately 125 countries. For more information, visit www.itt.com.
Investors interested in Diversified Operations stocks are likely familiar with Marubeni Corp. (MARUY - Free Report) and ITT (ITT - Free Report) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.
There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.
Marubeni Corp. has a Zacks Rank of #2 (Buy), while ITT has a Zacks Rank of #3 (Hold) right now. This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that MARUY is likely seeing its earnings outlook improve to a greater extent. But this is just one piece of the puzzle for value investors.
Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels.
The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors.
MARUY currently has a forward P/E ratio of 12.31, while ITT has a forward P/E of 24.08. We also note that MARUY has a PEG ratio of 1.62. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. ITT currently has a PEG ratio of 1.79.
Another notable valuation metric for MARUY is its P/B ratio of 1.62. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, ITT has a P/B of 3.59.
These metrics, and several others, help MARUY earn a Value grade of B, while ITT has been given a Value grade of D.
MARUY is currently sporting an improving earnings outlook, which makes it stick out in our Zacks Rank model. And, based on the above valuation metrics, we feel that MARUY is likely the superior value option right now.
STAMFORD, Conn.--(BUSINESS WIRE)--June 29, 2026-- ITT Inc. (NYSE: ITT) today announced the election of Bertrand Loy and Kevin Wheeler to its Board of Directors.
“We are delighted to appoint to the ITT Board two highly accomplished, results-driven leaders,” said ITT Chair of the Board Nazzic S. Keene. “Their appointments reflect our disciplined approach to board refreshment and our focus on adding directors with capabilities and skillsets aligned with the strategic direction and business goals of ITT.”
“Bertrand brings a powerful combination of public company CEO experience, global manufacturing and supply chain leadership, and a strong record of scaling technology-driven industrial businesses driven by both organic and inorganic growth. His expertise in strategy, operational excellence, capital allocation and M&A integration will be highly relevant as ITT advances its portfolio and growth priorities,” said ITT Chief Executive Officer and President Luca Savi.
Savi continued, “Kevin has led a multibillion-dollar global industrial manufacturing enterprise, with deep experience across operations and sales, M&A and executive talent development. His track record of building high-performing teams, expanding global businesses and creating shareholder value will bring valuable perspective as we continue to strengthen ITT’s execution rigor and pursue disciplined growth. We are pleased to welcome both Bertrand and Kevin to the Board.”
The appointments are effective as of August 1, 2026. The Board also appointed Mr. Loy to the Audit Committee and Mr. Wheeler to the Nominating and Governance Committee, in each case effective August 1, 2026.
About Bertrand Loy
Mr. Loy is Executive Chairman and former Chief Executive Officer of Entegris, Inc. (Nasdaq: ENTG), a global supplier of advanced materials and process solutions for the semiconductor and other high-technology industries. He served as Chief Executive Officer from 2012 to 2025 and was appointed Executive Chairman in 2025. Earlier in his tenure at Entegris, he held senior leadership roles, including Chief Operating Officer and Executive Vice President of Global Supply Chain and Manufacturing.
Mr. Loy also serves as an independent director of Ashland Inc. (NYSE: ASH), where he is a member of the Audit Committee and the Governance and Nominating Committee. He brings extensive global leadership experience and deep expertise in innovation and financial management. He holds an MBA from ESSEC Business School in France.
About Kevin Wheeler
Mr. Wheeler is Executive Chairman and former Chief Executive Officer of A. O. Smith Corporation (NYSE: AOS), a global water technologies manufacturer serving customers in more than 60 countries. He served as Chief Executive Officer from 2018 to 2025 and became Executive Chairman in 2025. During his more than 30-year career with A. O. Smith, Mr. Wheeler has held leadership roles spanning sales, marketing, international business development, global operations, manufacturing and engineering.
Mr. Wheeler also serves as an independent director of Graco Inc. (NYSE: GGG), where he is a member of the Management Organization and Compensation Committee and the Governance Committee. Mr. Wheeler holds a Bachelor of Science degree in Finance from the University of Nevada and completed the Advanced Management Program at Harvard Business School.
About ITT
ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the transportation, industrial, nutrition and health and energy markets. The company operates through three value centers: Flow Technologies, Motion Technologies and Connect & Control Technologies. Building on its heritage of innovation, ITT partners with its customers to deliver enduring solutions to the key industries that underpin our modern way of life. ITT is headquartered in Stamford, Connecticut, with employees in more than 40 countries and sales in approximately 125 countries. For more information, visit www.itt.com.
Key Takeaways ITT agreed to acquire Aerospace Contacts, a maker of aerospace and defense metal contact components.ITT expects the deal to strengthen its supply chain and manufacturing capabilities.ITT plans to integrate Aerospace Contacts into its CIT segment after closing in Q3 2026. ITT Inc. (ITT - Free Report) has inked a deal to acquire Aerospace Contacts LLC (Aerospace Contacts). The transaction was valued at approximately $31 million in total.
Based in Gilbert, AZ, Aerospace Contacts is engaged in producing metal contact components for aerospace and defense applications. The company was established in 1999 and it employs about 140 personnel. It has been a long-term supplier to ITT Cannon within the Connect & Control Technologies (CCT) segment.
Acquisition Rationale of ITTThe latest acquisition aligns with ITT’s strategy of acquiring businesses to expand its market share and customer base. The acquisition of Aerospace Contacts is expected to strengthen the company’s supply chain, enhance its aerospace and defense product offerings and boost its manufacturing and engineering capabilities. The transaction is also anticipated to support long-term growth by broadening ITT’s portfolio of interconnect solutions.
ITT will integrate Aerospace Contacts into its CIT segment. The deal is expected to close in the third quarter of 2026, subject to customary closing conditions.
Other Notable AcquisitionsAcquisitions are an essential aspect of ITT’s growth strategy. ITT acquired SPX FLOW in March 2026. The acquisition enhances the company’s capabilities in mixing, fluid handling and thermal solutions. SPX FLOW has been added to the Flow Technologies segment.
In September 2024, ITT acquired kSARIA Parent, Inc. The acquisition will enhance its portfolio of connectivity solutions for the defense and aerospace end markets, technological capabilities and market reach, driving growth and operational efficiency.
Zacks Rank and Price PerformanceITT currently carries a Zacks Rank #2 (Buy).
The company is benefiting from solid momentum in the Flow Technologies segment, which is gaining from an increase in demand for parts, pumps, services and valves. ITT’s innovation investments are also likely to support its growth.
In the past year, the stock rose 28.8% against the industry’s 0.9% decline.
Image Source: Zacks Investment Research
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GPGI, Inc. (GPGI - Free Report) currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
GPGI delivered a trailing four-quarter average earnings surprise of 25.6%. In the past 30 days, the Zacks Consensus Estimate for the company’s 2026 earnings has remained steady.
Griffon Corporation (GFF - Free Report) currently carries a Zacks Rank of 2. GFF delivered a trailing four-quarter average earnings surprise of 3.3%.
In the past 30 days, the Zacks Consensus Estimate for Griffon’s fiscal 2026 earnings has remained steady.
IDEX Corporation (IEX - Free Report) currently carries a Zacks Rank of 2. IEX delivered a trailing four-quarter average earnings surprise of 6%.
In the past 30 days, the Zacks Consensus Estimate for IDEX’s 2026 earnings has increased 0.2%.
