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.
Read More 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
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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.
Featured 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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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
Other Stocks to ConsiderSome other top-ranked companies are discussed below:
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%.
ITT (ITT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
STAMFORD, Conn.--(BUSINESS WIRE)--June 16, 2026-- ITT Inc. (NYSE: ITT) today announced the signing of a definitive agreement to acquire the privately held Aerospace Contacts LLC (Aerospace Contacts), a leading manufacturer of highly engineered contact systems and interconnect components, for a purchase price of $31 million.
Aerospace Contacts is a leading specialist in the manufacture of critical, high-reliability precision contacts used in connectors for the aerospace and defense market and is a long-standing supplier of ITT Cannon in Connect & Control Technologies (CCT). The pending acquisition will strengthen both companies’ supply chain resilience while positioning ITT for further growth in this highly strategic market.
Founded in 1999, Aerospace Contacts employs approximately 140 highly technical professionals from their manufacturing facility in Gilbert, Arizona.
“Aerospace Contacts reflects our ongoing commitment to executing strategic acquisitions that strengthen ITT’s businesses and overall portfolio,” said Luca Savi, ITT’s Chief Executive Officer and President. “We are pleased to welcome Aerospace Contacts to ITT. The company’s customer-focused operations, underpinned by quality and speed-to-market, will enhance our ability to support aerospace and defense customers in CCT.”
The acquisition is expected to close during the third quarter of 2026, subject to the satisfaction of customary closing conditions.
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.
The Conglomerates group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is ITT (ITT - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
ITT is a member of our Conglomerates group, which includes 19 different companies and currently sits at #7 in 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track 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 6.9% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, ITT has returned 12.5% so far this year. In comparison, Conglomerates companies have returned an average of 9.1%. As we can see, ITT is performing better than its sector in the calendar year.
One other Conglomerates stock that has outperformed the sector so far this year is Marubeni Corp. (MARUY - Free Report) . The stock is up 13.7% year-to-date.
The consensus estimate for Marubeni Corp.'s current year EPS has increased 2.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, ITT is a member of the Diversified Operations industry, which includes 19 individual companies and currently sits at #109 in the Zacks Industry Rank. This group has gained an average of 9.1% so far this year, so ITT is performing better in this area. Marubeni Corp. is also part of the same industry.
ITT and Marubeni Corp. could continue their solid performance, so investors interested in Conglomerates stocks should continue to pay close attention to these stocks.
ITT (ITT - Free Report) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.
Analysts' growing optimism on the earnings prospects of this supplier of parts and services to a wide variety of industries is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- is principally built on this insight.
The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008.
For ITT, strong agreement among the covering analysts in revising earnings estimates upward has resulted in meaningful improvement in consensus estimates for the next quarter and full year.
The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate:
12 Month EPS
Current-Quarter Estimate RevisionsThe company is expected to earn $1.77 per share for the current quarter, which represents a year-over-year change of +22.1%.
Over the last 30 days, the Zacks Consensus Estimate for ITT has increased 12.64% because three estimates have moved higher compared to no negative revisions.
Current-Year Estimate RevisionsFor the full year, the earnings estimate of $7.90 per share represents a change of +17.6% from the year-ago number.
The revisions trend for the current year also appears quite promising for ITT, with three estimates moving higher over the past month compared to no negative revisions. The consensus estimate has also received a boost over this time frame, increasing 6.84%.
Favorable Zacks RankThanks to promising estimate revisions, ITT currently carries a Zacks Rank #2 (Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500.
Bottom LineWhile strong estimate revisions for ITT have attracted decent investments and pushed the stock 12.1% higher over the past four weeks, further upside may still be left in the stock. So, you may consider adding it to your portfolio right away.
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task.
By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.
However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects.
Our proprietary system currently recommends ITT (ITT - Free Report) as one such stock. This company not only has a favorable Growth Score, but also carries a top Zacks Rank.
Studies have shown that stocks with the best growth features consistently outperform the market. And for stocks that have a combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy), returns are even better.
While there are numerous reasons why the stock of this supplier of parts and services to a wide variety of industries is a great growth pick right now, we have highlighted three of the most important factors below:
Earnings GrowthArguably nothing is more important than earnings growth, as surging profit levels is what most investors are after. For growth investors, double-digit earnings growth is highly preferable, as it is often perceived as an indication of strong prospects (and stock price gains) for the company under consideration.
While the historical EPS growth rate for ITT is 13.9%, investors should actually focus on the projected growth. The company's EPS is expected to grow 17.5% this year, crushing the industry average, which calls for EPS growth of 13.1%.
Cash Flow GrowthCash is the lifeblood of any business, but higher-than-average cash flow growth is more beneficial and important for growth-oriented companies than for mature companies. That's because, high cash accumulation enables these companies to undertake new projects without raising expensive outside funds.
Right now, year-over-year cash flow growth for ITT is 9.8%, which is higher than many of its peers. In fact, the rate compares to the industry average of -2.1%.
While investors should actually consider the current cash flow growth, it's worth taking a look at the historical rate too for putting the current reading into proper perspective. The company's annualized cash flow growth rate has been 11.7% over the past 3-5 years versus the industry average of 7.1%.
Promising Earnings Estimate RevisionsSuperiority of a stock in terms of the metrics outlined above can be further validated by looking at the trend in earnings estimate revisions. A positive trend is of course favorable here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
There have been upward revisions in current-year earnings estimates for ITT. The Zacks Consensus Estimate for the current year has surged 6.8% over the past month.
Bottom LineITT has not only earned a Growth Score of B based on a number of factors, including the ones discussed above, but it also carries a Zacks Rank #2 because of the positive earnings estimate revisions.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
This combination indicates that ITT is a potential outperformer and a solid choice for growth investors.
Cwm LLC grew its position in ITT Inc. (NYSE:ITT – Free Report) by 31.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 19,092 shares of the conglomerate’s stock after buying an additional 4,536 shares during the period. Cwm LLC’s holdings in ITT were worth $3,313,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in ITT. True Wealth Design LLC increased its holdings in ITT by 219.2% in the third quarter. True Wealth Design LLC now owns 166 shares of the conglomerate’s stock valued at $30,000 after purchasing an additional 114 shares during the last quarter. Quent Capital LLC acquired a new position in ITT in the third quarter valued at about $37,000. Triumph Capital Management bought a new position in ITT during the third quarter worth about $37,000. Measured Wealth Private Client Group LLC bought a new position in ITT during the third quarter worth about $43,000. Finally, Bayforest Capital Ltd acquired a new position in shares of ITT during the 3rd quarter worth about $46,000. Institutional investors and hedge funds own 91.59% of the company’s stock.
Analyst Upgrades and Downgrades ITT has been the subject of several recent analyst reports. DA Davidson set a $245.00 target price on shares of ITT in a research note on Monday, February 9th. BMO Capital Markets started coverage on shares of ITT in a research report on Friday, March 27th. They set an “outperform” rating and a $233.00 price target on the stock. Stifel Nicolaus upped their price objective on shares of ITT from $218.00 to $228.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Barclays dropped their price objective on ITT from $220.00 to $210.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 1st. Finally, KeyCorp lifted their target price on ITT from $215.00 to $230.00 and gave the stock an “overweight” rating in a report on Friday, February 6th. Ten analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, ITT currently has a consensus rating of “Moderate Buy” and a consensus target price of $225.55.
Read Our Latest Research Report on ITT
Insider Buying and Selling In other news, CEO Luca Savi sold 63,450 shares of the business’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $190.69, for a total transaction of $12,099,280.50. Following the completion of the sale, the chief executive officer owned 262,354 shares in the company, valued at $50,028,284.26. The trade was a 19.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 0.88% of the company’s stock.
ITT Price Performance NYSE ITT opened at $219.40 on Friday. The firm’s 50 day moving average is $199.71 and its 200-day moving average is $187.69. The company has a quick ratio of 2.07, a current ratio of 2.58 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $19.61 billion, a PE ratio of 35.91, a price-to-earnings-growth ratio of 2.04 and a beta of 1.32. ITT Inc. has a 12-month low of $131.98 and a 12-month high of $224.12.
ITT (NYSE:ITT – Get Free Report) last released its earnings results on Thursday, February 5th. The conglomerate reported $1.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.79 by $0.06. The business had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.01 billion. ITT had a return on equity of 17.74% and a net margin of 12.39%.ITT’s revenue was up 13.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.50 earnings per share. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. Equities research analysts anticipate that ITT Inc. will post 7.9 earnings per share for the current fiscal year.
ITT Increases Dividend The business also recently declared a quarterly dividend, which was paid on Monday, April 6th. Investors of record on Friday, March 6th were paid a $0.386 dividend. This is an increase from ITT’s previous quarterly dividend of $0.35. The ex-dividend date was Friday, March 6th. This represents a $1.54 dividend on an annualized basis and a yield of 0.7%. ITT’s dividend payout ratio (DPR) is currently 25.20%.
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.
Further Reading Five stocks we like better than ITT
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Evergreen Capital Management LLC increased its holdings in ITT Inc. (NYSE:ITT – Free Report) by 189.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,504 shares of the conglomerate’s stock after acquiring an additional 4,255 shares during the quarter. Evergreen Capital Management LLC’s holdings in ITT were worth $1,129,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors also recently modified their holdings of the company. iSAM Funds UK Ltd bought a new position in shares of ITT in the 3rd quarter worth about $2,113,000. Chesapeake Capital Corp IL bought a new stake in ITT during the 3rd quarter valued at about $1,125,000. Brown Brothers Harriman & Co. increased its stake in ITT by 86,878.2% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 267,893 shares of the conglomerate’s stock valued at $47,889,000 after purchasing an additional 267,585 shares in the last quarter. Mawer Investment Management Ltd. increased its stake in ITT by 23.6% during the 3rd quarter. Mawer Investment Management Ltd. now owns 402,919 shares of the conglomerate’s stock valued at $72,026,000 after purchasing an additional 76,841 shares in the last quarter. Finally, Regents Gate Capital LLP bought a new stake in ITT during the 3rd quarter valued at about $9,381,000. 91.59% of the stock is currently owned by institutional investors.
ITT Stock Performance Shares of NYSE ITT opened at $219.40 on Friday. The firm’s 50-day moving average price is $199.71 and its 200-day moving average price is $187.69. The company has a quick ratio of 2.07, a current ratio of 2.58 and a debt-to-equity ratio of 0.13. The company has a market cap of $19.61 billion, a PE ratio of 35.91, a PEG ratio of 2.04 and a beta of 1.32. ITT Inc. has a 52-week low of $131.98 and a 52-week high of $224.12.
ITT (NYSE:ITT – Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The conglomerate reported $1.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.79 by $0.06. The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.01 billion. ITT had a net margin of 12.39% and a return on equity of 17.74%. The business’s quarterly revenue was up 13.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.50 EPS. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. As a group, analysts anticipate that ITT Inc. will post 7.9 EPS for the current year.
ITT Increases Dividend The business also recently declared a quarterly dividend, which was paid on Monday, April 6th. Stockholders of record on Friday, March 6th were issued a dividend of $0.386 per share. This represents a $1.54 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Friday, March 6th. This is a boost from ITT’s previous quarterly dividend of $0.35. ITT’s payout ratio is 25.20%.
Wall Street Analyst Weigh In A number of research firms have weighed in on ITT. Robert W. Baird set a $222.00 price objective on shares of ITT in a research note on Friday, February 6th. 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 price objective for the company. BMO Capital Markets began coverage on shares of ITT in a research note on Friday, March 27th. They set an “outperform” rating and a $233.00 price objective for the company. Barclays reduced their price objective on shares of ITT from $220.00 to $210.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 1st. Finally, Stifel Nicolaus raised their price objective on shares of ITT from $218.00 to $228.00 and gave the company a “buy” rating in a research note on Friday, February 6th. 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.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $225.55.
Read Our Latest Stock Report on ITT
Insider Activity In other news, CEO Luca Savi sold 63,450 shares of the firm’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $190.69, for a total transaction of $12,099,280.50. Following the sale, the chief executive officer owned 262,354 shares of the company’s stock, valued at $50,028,284.26. This trade represents a 19.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.88% of the stock is currently 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.
Recommended Stories Five stocks we like better than ITT 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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Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.
Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.
Below, we take a look at ITT (ITT - Free Report) , a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.
It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. ITT currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.
You can see the current list of Zacks #1 Rank Stocks here >>>
Set to Beat the Market? In order to see if ITT is a promising momentum pick, let's examine some Momentum Style elements to see if this supplier of parts and services to a wide variety of industries holds up.
Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area.
For ITT, shares are up 0.98% over the past week while the Zacks Diversified Operations industry is up 0.01% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 17.2% compares favorably with the industry's 0.59% performance as well.
Considering longer term price metrics, like performance over the last three months or year, can be advantageous as well. Shares of ITT have increased 18.61% over the past quarter, and have gained 59.31% in the last year. In comparison, the S&P 500 has only moved 3.07% and 33.83%, respectively.
Investors should also take note of ITT's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now ITT is averaging 966,783 shares for the last 20 days..
Earnings OutlookThe Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with ITT.
Over the past two months, 3 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost ITT's consensus estimate, increasing from $7.33 to $7.90 in the past 60 days. Looking at the next fiscal year, 3 estimates have moved upwards while there have been no downward revisions in the same time period.
Bottom LineGiven these factors, it shouldn't be surprising that ITT is a #2 (Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep ITT on your short list.
AEGON ASSET MANAGEMENT UK Plc raised its stake in shares of ITT Inc. (NYSE:ITT – Free Report) by 53.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 169,781 shares of the conglomerate’s stock after buying an additional 59,163 shares during the period. AEGON ASSET MANAGEMENT UK Plc owned about 0.20% of ITT worth $29,449,000 as of its most recent SEC filing.
A number of other hedge funds have also added to or reduced their stakes in the stock. Amundi increased its stake in shares of 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. increased its stake in shares of 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 purchasing an additional 28,937 shares in the last quarter. Empowered Funds LLC purchased a new stake in shares of ITT in the 1st quarter worth $360,000. Focus Partners Wealth increased its stake in shares of ITT by 80.7% in the 1st 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. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in ITT in the 2nd quarter worth $1,880,000. 91.59% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In ITT has been the subject of a number of analyst reports. The Goldman Sachs Group started coverage on ITT in a research note on Tuesday, March 31st. They issued a “buy” rating and a $270.00 price target for the company. Stifel Nicolaus increased their price objective on shares of ITT from $218.00 to $228.00 and gave the company a “buy” rating in a report on Friday, February 6th. BMO Capital Markets started coverage on shares of ITT in a report on Friday, March 27th. They set an “outperform” rating and a $233.00 price objective for the company. Weiss Ratings reissued a “buy (b)” rating on shares of ITT in a report on Tuesday. Finally, Wall Street Zen raised shares of ITT from a “hold” rating to a “buy” rating in a report on Monday, March 2nd. Ten analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $225.55.
Get Our Latest Stock Report on ITT
Insider Activity at ITT In other news, CEO Luca Savi sold 63,450 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $190.69, for a total transaction of $12,099,280.50. Following the transaction, the chief executive officer directly owned 262,354 shares of the company’s stock, valued at approximately $50,028,284.26. This trade represents a 19.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.88% of the company’s stock.
ITT Stock Up 0.0% Shares of NYSE:ITT opened at $219.12 on Friday. The company has a current ratio of 2.58, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13. ITT Inc. has a 12 month low of $132.92 and a 12 month high of $224.12. The company has a market cap of $19.59 billion, a price-to-earnings ratio of 35.86, a PEG ratio of 2.06 and a beta of 1.32. The company has a 50-day moving average price of $200.02 and a 200 day moving average price of $188.02.
ITT (NYSE:ITT – Get Free Report) last posted its quarterly earnings data on Thursday, February 5th. The conglomerate reported $1.85 earnings per share for the quarter, topping analysts’ consensus estimates of $1.79 by $0.06. ITT had a net margin of 12.39% and a return on equity of 17.74%. The company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same period in the prior year, the company posted $1.50 EPS. The firm’s revenue for the quarter was up 13.5% on a year-over-year basis. ITT has set its Q1 2026 guidance at 1.680-1.72 EPS. As a group, equities research analysts predict that ITT Inc. will post 7.9 earnings per share for the current year.
ITT Increases Dividend The company also recently disclosed a quarterly dividend, which was paid on Monday, April 6th. Investors of record on Friday, March 6th were given a $0.386 dividend. This is an increase from ITT’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Friday, March 6th. This represents a $1.54 dividend on an annualized basis and a yield of 0.7%. ITT’s dividend payout ratio is currently 25.20%.
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.
Further Reading Five stocks we like better than ITT
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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 March 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 May 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 $1.77 per share in its upcoming report, which represents a year-over-year change of +22.1%.
Revenues are expected to be $1.12 billion, up 22.4% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 12.64% higher 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 the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
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 the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.
On the other hand, the stock currently carries a Zacks Rank of #2.
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 $1.79 per share when it actually produced earnings of $1.85, delivering a surprise of +3.35%.
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.
STAMFORD, Conn.--(BUSINESS WIRE)--May 6, 2026-- ITT Inc. (NYSE: ITT) today reported financial results for the first quarter ended April 4, 2026. The company reported revenue of $1.2 billion, with growth of 33% (11% organic) versus prior year, driven by aerospace and defense in Connect & Control Technologies (CCT), continued share gains in Motion Technologies (MT), and pumps and valves momentum in Flow Technologies (FT). The SPX FLOW acquisition adds 17 points of revenue growth and there were four additional working days in the quarter versus the prior year.
As previously announced, ITT revised its adjusted operating income, adjusted income from continuing operations and adjusted EPS definitions to exclude acquisition-related intangible amortization expense for both current and historical periods. This change provides a more meaningful basis for comparison and better reflects core operating results amidst ITT’s ongoing portfolio evolution.
First quarter operating income of $141 million decreased 6% versus prior year due to higher costs related to the acquisition of SPX FLOW. Excluding special items, adjusted operating income increased 42% driven by higher volume, productivity benefits, and foreign exchange favorability, partially offset by material cost inflation. In addition, SPX FLOW had an immediate accretive effect to the quarter, on an adjusted basis. Operating margin decreased 480 basis points to 11.7% versus prior year, while adjusted operating margin of 20.3% increased by 130 basis points.
EPS for the first quarter of $0.89 decreased 33.1% versus prior year and adjusted EPS of $1.98 increased 25% due to higher segment operating income and the impacts from the acquisition of SPX FLOW including acquisition-related costs, higher interest expense, effective tax rate and weighted-average share count.
Net cash from operating activities for the first quarter of $39.9 million decreased $73.5 million or 64.8% and free cash flow for the quarter decreased 82.0% versus prior year, primarily driven by $71 million of one-time acquisition-related payments and higher working capital partially offset by higher segment operating income.
Table 1. First Quarter Performance
Q1 2026
Q1 2025
Change
Revenue
$
1,211.9
$
913.0
32.7
%
Organic Growth
10.9
%
Operating Income
$
141.2
$
150.9
(6.4
)
%
Operating Margin
11.7
%
16.5
%
(480
)
bps
Adjusted Operating Income
$
245.6
$
173.3
41.7
%
Adjusted Operating Margin
20.3
%
19.0
%
130
bps
Earnings Per Share
$
0.89
$
1.33
(33.1
)
%
Adjusted Earnings Per Share
$
1.98
$
1.58
25.3
%
Net Cash from Operating Activities
$
39.9
$
113.4
(64.8
)
%
Free Cash Flow
$
13.8
$
76.6
(82.0
)
%
Note: all results unaudited; dollars in millions except for per share amounts
Management Commentary
“I am incredibly proud of, and humbled by, the performance delivered by our ITTers around the world. It was a strong quarter across the board. As we have said many times, ITT’s organic value creation engine is here to stay and in Q1, our legacy businesses proved it once again, with outstanding revenue growth driven by market share gains and continued margin expansion, fueled by our rigor and relentless execution. Each of our businesses delivered profitable growth, supported by a continuous improvement mindset that further strengthens our core operating fundamentals,” said ITT’s Chief Executive Officer and President Luca Savi.
“The SPX FLOW acquisition, ITT’s largest to date, is already contributing to our results with above market revenue growth and healthy mid-single digit growth in orders. The team is also progressing nicely in delivering our committed synergies.”
“And to top it all off, ITT’s total book-to-bill remains well above one, highlighting the strength of our future growth outlook. We are truly pumped up for what lies ahead.”
Table 2. First Quarter Segment Results
Revenue
Operating Income
Operating Margin
Q1 2026
Reported Change
Organic Growth
Q1 2026
Reported Change
Adjusted Change
Q1 2026
Reported Change
Adjusted Change
Flow Technologies
$
537.4
61.2
%
12.2
%
$
82.1
29.3
%
67.9
%
15.3
%
(380) bps
100 bps
Motion Technologies
397.2
14.8
%
5.3
%
83.4
23.4
%
21.7
%
21.0
%
150 bps
130 bps
Connect & Control Technologies
278.5
18.7
%
17.5
%
49.2
36.7
%
19.6
%
17.7
%
240 bps
10 bps
Note: all results unaudited; excludes intercompany eliminations and other of $0.1; comparisons to Q1 2025
Flow Technologies revenue increased $204 million primarily from the acquisition of SPX FLOW. Organic revenue increased 12%, primarily driven by Svanehøj and valves execution. Operating income increased $19 million, primarily driven by higher volumes and the benefits from pricing and productivity actions. Operating margin of 15.3% decreased 380 bps, while adjusted operating margin increased 100 bps.
Motion Technologies revenue increased $51 million as higher volumes and favorable foreign exchange impacts were partially offset by pricing dynamics. Organic revenue increased $18 million due to strength in Friction original equipment and KONI rail demand. Operating income increased $16 million primarily due to productivity, higher volume and the impact of favorable foreign exchange driving operating margin to 21.0%, an increase of 150 bps.
Connect and Control Technologies revenue increased $44 million driven by strength in commercial aerospace components and industrial connectors, as well as pricing actions. Operating income increased $13 million primarily due to benefits from higher volume and pricing actions, partially offset by higher material costs resulting in an operating margin of 17.7%, which increased by 240 bps.
Quarterly Dividend
The company announced today a quarterly dividend of $0.386 per share on its outstanding common stock. ITT’s Board of Directors approved the cash dividend for the second quarter of 2026, which will be payable on Monday, July 6, 2026 to shareholders of record as of the close of business on Monday, June 8, 2026.
2026 Guidance
The company expects organic revenue growth of 4% to 6%, up 36% to 38% in total; operating margin of 12.4% to 13.3% and adjusted operating margin of 19.7% to 20.6%, an increase of 30 to 120 bps. EPS is expected to be $4.15 to $4.45, with adjusted EPS of $7.70 to $8.00, representing growth of 7% to 11% for the full year. Free cash flow is now expected to be between $540 million and $580 million, representing free cash flow margin of 10% to 11% for the full year. The additional four working days in Q1 will be offset in Q4 for the full year.
It is not possible, without unreasonable efforts, to estimate the impacts of foreign currency fluctuations, acquisitions and certain other special items that may occur in 2026 as these items are inherently uncertain and difficult to predict. As a result, we are unable to quantify certain amounts that would be included in a reconciliation of organic revenue growth and adjusted operating margin to the most directly comparable GAAP financial measures without unreasonable efforts and accordingly we have not provided reconciliations for these forward-looking non-GAAP financial measures.
Investor Conference Call Details
ITT’s management will host a conference call for investors on Wednesday, May 6, 2026 at 8:30 a.m. Eastern Time. The briefing can be accessed live via a webcast which is available on the company’s website: https://investors.itt.com. A replay of the webcast will be available beginning two hours after the presentation concludes. Reconciliations of non-GAAP financial performance metrics to their most comparable U.S. GAAP financial performance metrics are defined and presented below and should not be considered a substitute for, nor superior to, the financial data prepared in accordance with U.S. GAAP.
Safe Harbor Statement
This release contains “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. In addition, the conference call (including the financial results presentation material) may include, and officers and representatives of ITT may from time to time make and discuss, projections, goals, assumptions, and statements that may constitute “forward-looking statements”. These forward-looking statements are not historical facts, but rather represent only a belief regarding future events based on current expectations, estimates, assumptions and projections about our business, future financial results, the industry in which we operate, and other legal, regulatory, and economic developments. These forward-looking statements include, but are not limited to, future strategic plans and other statements that describe the company’s business strategy, outlook, objectives, plans, intentions or goals, and any discussion of future events and future operating or financial performance.
We use words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “future,” “guidance,” “intend,” “may,” “plan,” “potential,” “project,” “should,” “target,” “will,” “would,” and other similar expressions to identify such forward-looking statements. Forward-looking statements are uncertain and, by their nature, many are inherently unpredictable and outside of ITT’s control, and involve known and unknown risks, uncertainties and other important factors that could cause actual results to differ materially from those expressed or implied in, or reasonably inferred from, such forward-looking statements.
Where in any forward-looking statement we express an expectation or belief as to future results or events, such expectation or belief is based on current plans and expectations of our management, expressed in good faith and believed to have a reasonable basis. However, we cannot provide any assurance that the expectation or belief will occur or that anticipated results will be achieved or accomplished.
Among the factors that could cause our results to differ materially from those indicated by forward-looking statements are risks and uncertainties inherent in our business including, without limitation:
our ability to integrate the operations of SPX FLOW in a successful manner and in the expected time period; the possibility that any of the anticipated benefits and projected synergies of the acquisition of SPX FLOW will not be realized or will not be realized on the anticipated terms within the expected time period; uncertain global economic and capital markets conditions, which have been influenced by heightened geopolitical tensions, including conflicts in the Middle East involving Iran, inflation, changes in monetary policies, the threat of a possible regional or global economic recession, trade disputes between the U.S. and its trading partners, political and social unrest, and the availability and fluctuations in prices of energy and commodities, including steel, oil, copper and tin; the imposition of new or increased tariffs by the U.S. government, particularly those targeting imports from specific countries, and the potential for retaliatory trade measures by affected countries, which could disrupt global supply chains, increase costs and reduce customer demand; fluctuations in interest rates and the impact of such fluctuations on customer behavior and on our cost of debt; fluctuations in foreign currency exchange rates and the impact of such fluctuations on our revenues, customer demand for our products and on our hedging arrangements; volatility in raw material prices and our suppliers’ ability to meet quality and delivery requirements; impacts and risk of liabilities from recent mergers, acquisitions, or venture investments, and past divestitures and spin-offs; our inability to hire or retain key personnel; failure to compete successfully and innovate in our markets; failure to manage the distribution of products and services effectively; failure to protect our intellectual property rights or violations of the intellectual property rights of others; the extent to which there are quality problems with respect to manufacturing processes or finished goods; the risk of cybersecurity breaches or failure of any information systems used by the Company, including any flaws in the implementation of any enterprise resource planning systems; loss of or decrease in sales from our most significant customers; risks due to our operations and sales outside the U.S. and in emerging markets, including the imposition of tariffs and trade sanctions; fluctuations in demand or customers’ levels of capital investment, maintenance expenditures, production, and market cyclicality; the risk of material business interruptions, particularly at our manufacturing facilities; risks related to government contracting, including changes in levels of government spending and regulatory and contractual requirements applicable to sales to the U.S. government; fluctuations in our effective tax rate, including as a result of changing tax laws and other possible tax reform legislation in the U.S. and other jurisdictions; changes in environmental laws or regulations, discovery of previously unknown or more extensive contamination, or the failure of a potentially responsible party to perform; failure to comply with the U.S. Foreign Corrupt Practices Act (or other applicable anti-corruption legislation), export controls and trade sanctions; and risk of product liability claims and litigation. More information on factors that could cause actual results or events to differ materially from those anticipated is included in our Annual Report on Form 10-K for the year ended December 31, 2025 (particularly under the caption "Risk Factors"), our Quarterly Reports on Form 10-Q and in other documents we file from time to time with the SEC.
The forward-looking statements included in this release speak only as of the date hereof. We undertake no obligation (and expressly disclaim any obligation) to update any forward-looking statements, whether written or oral or as a result of new information, future events or otherwise.
CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED)
(IN MILLIONS, EXCEPT PER SHARE AMOUNTS)
Three Months Ended
April 4,
2026
March 29,
2025
Revenue
$
1,211.9
$
913.0
Cost of revenue
783.1
589.8
Gross profit
428.8
323.2
General and administrative expenses
154.1
85.1
Sales and marketing expenses
73.7
47.9
Research and development expenses
33.1
25.3
Intangible amortization
26.7
14.0
Operating income
141.2
150.9
Interest expense
24.7
9.3
Interest income
(10.4
)
(1.7
)
Other non-operating income, net
(1.9
)
(1.0
)
Income before income tax expense
128.8
144.3
Income tax expense
49.3
35.2
Net income
79.5
109.1
Less: Income attributable to noncontrolling interests
1.5
0.7
Net income attributable to ITT Inc.
$
78.0
$
108.4
Earnings per share attributable to ITT Inc.:
Basic
$
0.89
$
1.33
Diluted
$
0.89
$
1.33
Weighted average common shares – basic
87.2
81.3
Weighted average common shares – diluted
87.8
81.7
CONSOLIDATED CONDENSED BALANCE SHEETS (UNAUDITED)
(IN MILLIONS, EXCEPT PER SHARE AMOUNTS)
As of the Period Ended
April 4,
2026
December 31,
2025
Assets
Current assets:
Cash and cash equivalents
$
600.8
$
1,742.9
Receivables, net
1,038.0
756.1
Inventories
976.4
671.9
Other current assets
255.7
183.4
Total current assets
2,870.9
3,354.3
Non-current assets:
Plant, property and equipment, net
801.1
627.0
Goodwill
3,787.9
1,511.2
Other intangible assets, net
3,238.8
432.6
Other non-current assets
432.9
385.3
Total non-current assets
8,260.7
2,956.1
Total assets
$
11,131.6
$
6,310.4
Liabilities and Shareholders’ Equity
Current liabilities:
Short-term borrowings
$
477.3
$
261.3
Accounts payable
642.2
465.0
Accrued and other current liabilities
760.4
572.0
Total current liabilities
1,879.9
1,298.3
Non-current liabilities:
Non-current portion of long-term debt
3,375.0
521.5
Postretirement benefits
151.1
120.0
Other non-current liabilities
979.9
279.3
Total non-current liabilities
4,506.0
920.8
Total liabilities
6,385.9
2,219.1
Shareholders’ equity:
Common stock:
Authorized – 250.0 shares, $1 par value per share
Issued and outstanding – 89.4 shares and 85.9 shares, respectively
89.4
85.9
Capital in excess of par value
1,976.1
1,313.9
Retained earnings
3,030.1
2,987.1
Accumulated other comprehensive loss
(357.6
)
(302.5
)
Total ITT Inc. shareholders’ equity
4,738.0
4,084.4
Noncontrolling interests
7.7
6.9
Total shareholders’ equity
4,745.7
4,091.3
Total liabilities and shareholders’ equity
$
11,131.6
$
6,310.4
CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED)
(IN MILLIONS)
For the Three Months Ended
April 4,
2026
March 29,
2025
Operating Activities
Income from continuing operations attributable to ITT Inc.
$
78.0
$
108.4
Adjustments to income from continuing operations:
Depreciation and amortization
54.2
37.2
Equity-based compensation
9.0
7.9
Other non-cash charges, net
11.9
6.3
Changes in assets and liabilities:
Change in receivables
(82.5
)
(43.2
)
Change in inventories
(48.1
)
(5.6
)
Change in contract assets
1.1
(6.6
)
Change in contract liabilities
3.4
15.9
Change in accounts payable
54.9
16.5
Change in accrued expenses
(47.5
)
(31.7
)
Change in income taxes
12.2
11.8
Other, net
(6.7
)
(3.5
)
Net Cash – Operating Activities
39.9
113.4
Investing Activities
Acquisitions, net of cash acquired
(3,533.3
)
(1.9
)
Capital expenditures
(26.1
)
(36.8
)
Other, net
(0.6
)
(2.0
)
Net Cash – Investing Activities
(3,560.0
)
(40.7
)
Financing Activities
Commercial paper, net borrowings
217.7
291.8
Long-term debt issued, net of debt issuance costs
2,868.3
—
Long-term debt repayments
(546.1
)
(229.3
)
Share repurchases under repurchase plan
(100.0
)
(100.0
)
Payments for taxes related to net share settlement of stock incentive plans
(19.7
)
(13.0
)
Dividends paid
(35.0
)
(28.7
)
Other, net
(2.1
)
(0.7
)
Net Cash – Financing Activities
2,383.1
(79.9
)
Exchange rate effects on cash and cash equivalents
(4.3
)
7.9
Net cash – operating activities of discontinued operations
(0.2
)
—
Net change in cash and cash equivalents
(1,141.5
)
0.7
Cash and cash equivalents – beginning of year (includes restricted cash of $0.8 and $0.7, respectively)
1,743.7
440.0
Cash and Cash Equivalents – End of Period (includes restricted cash of $1.4 and $0.9, respectively)
$
602.2
$
440.7
Supplemental Disclosures of Cash Flow and Non-Cash Information:
Cash paid for Interest
$
30.3
$
9.1
Cash paid for Income taxes, net of refunds received
$
30.8
$
17.6
Capital expenditures included in current liabilities
$
14.7
$
13.9
Key Performance Indicators and Non-GAAP Measures
ITT reviews a variety of key performance indicators including revenue, operating income and margin, earnings per share, order growth, and backlog. In addition, we consider certain measures to be useful to management and investors when evaluating our operating performance for the periods presented. These measures provide a tool for evaluating our ongoing operations and management of assets from period to period. This information can assist investors in assessing our financial performance and measures our ability to generate capital for deployment among competing strategic alternatives and initiatives, including, but not limited to, acquisitions, dividends, and share repurchases. Some of these metrics, however, are not measures of financial performance under accounting principles generally accepted in the United States of America (GAAP) and should not be considered a substitute for measures determined in accordance with GAAP. We consider the following non-GAAP measures, which may not be comparable to similarly titled measures reported by other companies, to be key performance indicators for purposes of our reconciliation tables.
Organic Revenue and Organic Orders are defined, respectively, as revenue and orders, excluding the impacts of foreign currency fluctuations, acquisitions, and divestitures that may or may not qualify as discontinued operations. Current year activity from acquisitions is excluded for twelve months following the closing date of acquisition. The period-over-period change resulting from foreign currency fluctuations is estimated using a fixed exchange rate for both the current and prior periods. Prior year revenue and orders are adjusted to exclude activity during the comparable period for twelve months post-closing date for divestitures that do not qualify as discontinued operations. We believe that reporting organic revenue and organic orders provide useful information to investors by helping identify underlying trends in our business and facilitating comparisons of our revenue performance with prior and future periods and to our peers.
Adjusted Operating Income is defined as operating income adjusted to exclude special items that include, but are not limited to, restructuring, intangible amortization, certain asset impairment charges, certain acquisition- and divestiture-related impacts, intangible amortization expense, and unusual or infrequent operating items. Special items represent charges or credits that impact current results, which management views as unrelated to the Company's ongoing operations and performance. Adjusted Operating Margin is defined as adjusted operating income divided by revenue. We believe these financial measures are useful to investors and other users of our financial statements in evaluating ongoing operating profitability, as well as in evaluating operating performance in relation to our competitors.
Adjusted Income from Continuing Operations is defined as income from continuing operations attributable to ITT Inc. adjusted to exclude special items that include, but are not limited to, restructuring, intangible amortization, certain asset impairment charges, certain acquisition- and divestiture-related impacts, intangible amortization expense, income tax settlements or adjustments, and unusual or infrequent items. Special items represent charges or credits, on an after-tax basis, that impact current results, which management views as unrelated to the Company’s ongoing operations and performance. The after-tax basis of each special item is determined using the jurisdictional tax rate of where the expense or benefit occurred and the tax deductibility under local tax rules. Adjusted Income from Continuing Operations per Diluted Share (Adjusted EPS) is defined as adjusted income from continuing operations divided by diluted weighted average common shares outstanding. We believe that adjusted income from continuing operations and adjusted EPS are useful to investors and other users of our financial statements in evaluating ongoing operating profitability, as well as in evaluating operating performance in relation to our competitors.
Free Cash Flow is defined as net cash provided by operating activities less capital expenditures net of capital-related government incentives. Free Cash Flow Margin is defined as free cash flow divided by revenue. We believe that free cash flow and free cash flow margin provide useful information to investors as it provides insight into a primary cash flow metric used by management to monitor and evaluate cash flows generated by our operations.
ITT Inc. Non-GAAP Reconciliation Statements
(In millions; all amounts unaudited)
Reconciliation of Revenue to Organic Revenue
First Quarter 2026
FT
MT
CCT
Elim/Other
Total
2026 Revenue
$
537.4
$
397.2
$
278.5
$
(1.2
)
$
1,211.9
Less: Acquisitions
151.4
—
—
—
151.4
Less: Foreign currency translation
12.1
32.8
2.8
0.1
47.8
2026 Organic revenue
$
373.9
$
364.4
$
275.7
$
(1.3
)
$
1,012.7
2025 Revenue
$
333.3
$
346.1
$
234.7
$
(1.1
)
$
913.0
Less: Divestitures
—
—
—
—
—
2025 Organic revenue
$
333.3
$
346.1
$
234.7
$
(1.1
)
$
913.0
Organic Revenue Growth - $
$
40.6
$
18.3
$
41.0
$
99.7
Organic Revenue Growth - %
12.2
%
5.3
%
17.5
%
10.9
%
Reported Revenue Growth - $
$
204.1
$
51.1
$
43.8
$
298.9
Reported Revenue Growth - %
61.2
%
14.8
%
18.7
%
32.7
%
Reconciliation of Orders to Organic Orders
First Quarter 2026
FT
MT
CCT
Elim/Other
Total
2026 Orders
$
583.8
$
407.0
$
328.7
$
(0.6
)
$
1,318.9
Less: Acquisitions
134.8
—
—
—
134.8
Less: Foreign currency translation
17.4
32.7
2.7
0.1
52.9
2026 Organic orders
$
431.6
$
374.3
$
326.0
$
(0.7
)
$
1,131.2
2025 Orders
$
404.6
$
347.9
$
295.5
$
(1.5
)
$
1,046.5
Less: Divestitures
—
—
—
—
—
2025 Organic orders
$
404.6
$
347.9
$
295.5
$
(1.5
)
$
1,046.5
Organic Orders Growth - $
$
27.0
$
26.4
$
30.5
$
84.7
Organic Orders Growth - %
6.7
%
7.6
%
10.3
%
8.1
%
Reported Orders Growth - $
$
179.2
$
59.1
$
33.2
$
272.4
Reported Orders Growth - %
44.3
%
17.0
%
11.2
%
26.0
%
Note: Immaterial differences due to rounding.
ITT Inc. Non-GAAP Reconciliation Statements
(In millions; all amounts unaudited)
Reconciliations of Operating Income/Margin to Adjusted Operating Income/Margin
First Quarter 2026
First Quarter 2025
FT
MT
CCT
Corporate
ITT
FT
MT
CCT
Corporate
ITT
Reported Operating Income
$
82.1
$
83.4
$
49.2
$
(73.5
)
$
141.2
$
63.5
$
67.6
$
36.0
$
(16.2
)
$
150.9
Acquisition-related costs
14.4
—
0.1
53.0
67.5
0.4
—
(0.1
)
—
0.3
Intangible amortization [a]
23.0
0.3
3.4
—
26.7
6.8
0.2
7.0
—
14.0
Restructuring costs
7.7
0.5
1.1
1.5
10.8
4.2
0.2
2.1
—
6.5
Other special items
0.1
(0.6
)
—
(0.1
)
(0.6
)
0.9
0.7
—
—
1.6
Adjusted Operating Income
$
127.3
$
83.6
$
53.8
$
(19.1
)
$
245.6
$
75.8
$
68.7
$
45.0
$
(16.2
)
$
173.3
Change in Operating Income
29.3
%
23.4
%
36.7
%
353.7
%
(6.4
)%
Change in Adjusted Operating Income
67.9
%
21.7
%
19.6
%
17.9
%
41.7
%
Reported Operating Margin
15.3
%
21.0
%
17.7
%
11.7
%
19.1
%
19.5
%
15.3
%
16.5
%
Impact of special item adjustments
840 bps
10 bps
160 bps
860 bps
360 bps
30 bps
390 bps
250 bps
Adjusted Operating Margin
23.7
%
21.1
%
19.3
%
20.3
%
22.7
%
19.8
%
19.2
%
19.0
%
Change in Operating Margin
-380 bps
150 bps
240 bps
-480 bps
Change in Adjusted Operating Margin
100 bps
130 bps
10 bps
130 bps
Note: Immaterial differences due to rounding.
[a]
Starting in the first quarter of 2026, we have updated our definition of adjusted operating income and margin to exclude intangible amortization expense. Accordingly, we have updated the previously reported prior year adjusted result to reflect the new definition.
ITT Inc. Non-GAAP Reconciliation Statements
(In millions, except earnings per share; all amounts unaudited)
Reconciliation of Reported vs. Adjusted Income from Continuing Operating and Diluted EPS
Income from Continuing Operations
Diluted Earnings per Share
Q1 2026
Q1 2025
% Change
Q1 2026
Q1 2025
% Change
Reported
$
78.0
$
108.4
(28.0
)%
$
0.89
$
1.33
(33.1
)%
Special Items Expense / (Income):
Acquisition-related costs
67.5
0.3
0.77
—
Intangible amortization [a]
26.7
14.0
0.30
0.17
Restructuring costs
10.8
6.5
0.12
0.08
Other pre-tax special items
(0.6
)
1.6
(0.01
)
0.02
Net tax benefit of pre-tax special items
(26.1
)
(4.8
)
(0.30
)
(0.06
)
Other tax-related special items [b][c]
17.4
3.4
0.21
0.04
Adjusted
$
173.7
$
129.4
34.2
%
$
1.98
$
1.58
25.3
%
Note: Amounts may not calculate due to rounding.
Per share amounts are based on diluted weighted average common shares outstanding.
[a]
Starting in the first quarter of 2026, we have updated our definition of adjusted income from continuing operations and adjusted EPS to exclude intangible amortization expense. Accordingly, we have updated the previously reported prior year adjusted result to reflect the new definition.
[b]
Other tax-related special items for Q1 2026 include tax expense related to undistributed foreign earnings of $6.4, tax expense of $9.4 associated with amended tax filings in Luxembourg, tax expense of $1.8 related to transaction-related costs incurred in connection with the SPX FLOW acquisition, and other special-item tax (benefits) of $(0.3).
[c]
Other tax-related special items for Q1 2025 includes tax on undistributed foreign earnings ($2.5M) and other tax special items ($0.9M).
ITT Inc. Non-GAAP Reconciliation Statements
(In millions, except earnings per share; all amounts unaudited)
Reconciliation of GAAP vs Adjusted EPS Guidance - Full Year 2026
2026 Full-Year Guidance
Low
High
EPS from Continuing Operations - GAAP
$
4.15
$
4.45
Intangible amortization
2.91
2.91
Acquisition-related costs
1.29
1.29
Estimated restructuring
0.22
0.22
Tax benefit on pre-tax special items
(1.10
)
(1.10
)
Other tax-related special items
0.23
0.23
EPS from Continuing Operations - Adjusted
$
7.70
$
8.00
Note: The Company has provided forward-looking non-GAAP financial measures for organic revenue growth and adjusted operating margin. It is not possible, without unreasonable efforts, to estimate the impacts of foreign currency fluctuations, acquisitions, and certain other special items that may occur in 2026 as these items are inherently uncertain and difficult to predict. As a result, the Company is unable to quantify certain amounts that would be included in a reconciliation of organic revenue growth and adjusted operating margin to the most directly comparable GAAP financial measures without unreasonable efforts and accordingly has not provided reconciliations for these forward looking non-GAAP financial measures.
ITT Inc. Non-GAAP Reconciliation Statements
(In millions; all amounts unaudited)
Reconciliation of Cash from Operating Activities to Free Cash Flow
Three Months Ended
FY 2026
4/4/2026
3/29/2025
Low
High
Net Cash - Operating Activities
$
39.9
$
113.4
$
690
$
730
Capital expenditures
26.1
36.8
150
150
Free Cash Flow
$
13.8
$
76.6
$
540
$
580
Revenue
$
1,211.9
$
913.0
$
5,385
$
5,385
[a]
Operating Cash Flow Margin
3.3
%
12.4
%
13
%
14
%
Free Cash Flow Margin
1.1
%
8.4
%
10
%
11
%
[a] Revenue included in the full year 2026 free cash flow margin guidance represents the expected revenue growth mid-point.
ITT (ITT - Free Report) came out with quarterly earnings of $1.98 per share, beating the Zacks Consensus Estimate of $1.77 per share. This compares to earnings of $1.45 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +11.86%. A quarter ago, it was expected that this supplier of parts and services to a wide variety of industries would post earnings of $1.79 per share when it actually produced earnings of $1.85, delivering a surprise of +3.35%.
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 $1.21 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 8.45%. This compares to year-ago revenues of $913 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 22.6% since the beginning of the year versus the S&P 500's gain of 6%.
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 favorable. 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 #2 (Buy) for the stock. So, the shares are expected to outperform 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 $1.99 on $1.37 billion in revenues for the coming quarter and $7.90 on $5.29 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 top 40% 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.
One other stock from the same industry, CompoSecure, Inc. (GPGI - Free Report) , is yet to report results for the quarter ended March 2026. The results are expected to be released on May 7.
This company is expected to post quarterly earnings of $0.14 per share in its upcoming report, which represents a year-over-year change of -44%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
CompoSecure, Inc.'s revenues are expected to be $118.79 million, up 98.6% from the year-ago quarter.
Key Takeaways ITT Q1 EPS jumped 25.3% and beat estimates, while revenues surged 32.7% year over year.ITT benefited from SPX FLOW, aerospace connectors, transportation and valve demand.Adjusted operating margin expanded to 20.3% as operational performance improved. ITT Inc.’s (ITT - Free Report) first-quarter 2026 adjusted earnings of $1.98 per share surpassed the Zacks Consensus Estimate of $1.77. The bottom line jumped 25.3% year over year, aided by improved operational performance.
Total revenues of $1.21 billion beat the consensus estimate of $1.12 billion. The top line increased 32.7% year over year. Organic sales rose 10.9% year over year, driven by solid momentum in connectors, projects including Svanehøj, transportation and valves.
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 $537.4 million, up 61.2% year over year. The increase was primarily driven by solid contributions from the SPX FLOW buyout, along with strength in the Svanehøj unit and valves execution. Organic sales increased 12.2% and adjusted operating income grew 67.9% on a year-over-year basis.
Revenues from the Motion Technologies segment amounted to $397.2 million, implying a year-over-year increase of 14.8%. The higher sales were attributable to solid momentum in Friction original equipment and KONI businesses. Organic revenues increased 5.3% year over year. Adjusted operating income increased 21.7%. Our estimate for segmental revenues was pinned at $372 million.
Revenues from the Connect & Control Technologies segment of $278.5 million rose 18.7% year over year on a reported basis and 17.5% organically. Our estimate was $269 million. The results were driven by growth in demand for commercial aerospace components and industrial connectors, and favorable pricing actions. Adjusted operating income increased 19.6% year over year.
ITT’s Margin ProfileITT’s cost of revenues increased 32.8% year over year to $783.1 million. The gross profit jumped 32.7% to $428.8 million.
General and administrative expenses increased 81.1% year over year to $154.1 million. Sales and marketing expenses rose 53.9% to $73.7 million. Research and development expenses increased 30.8% year over year to $33.1 million.
Adjusted operating income rose 41.7% year over year to $245.6 million. The margin expanded 130 basis points to 20.3%.
ITT’s Balance Sheet and Cash FlowExiting the first quarter, ITT had cash and cash equivalents of $600.8 million compared with $1.74 billion at the end of fourth-quarter 2025. The company’s short-term borrowings were $477.3 million compared with $261.3 million at the end of December 2025.
In the first three months of 2026, ITT generated net cash of $39.9 million from operating activities compared with $113.4 million in the year-ago period. Capital expenditure totaled $26.1 million in the same period, down 29.1% year over year. Free cash flow was $13.8 million compared with $76.6 million in the prior-year period.
During the first three months of the year, ITT paid out dividends of $35 million, up 22% year over year. It repurchased shares worth $100 million in the period.
ITT's OutlookFor fiscal 2026, ITT expects adjusted earnings to be in the range of $7.70-$8.00 per share. Management projects revenue growth to be in the range of 36-38% (4-6% organically). Adjusted operating margin is estimated to be 19.7-20.6%. Free cash flow is projected in the band of $540-$580 million, indicating a free cash flow margin of 10-11%.
ITT’s Zacks Rank and Other Stocks to ConsiderThe company currently carries a Zacks Rank #2 (Buy). Some other top-ranked stocks are discussed below:
DXP Enterprises (DXPE - Free Report) presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
DXP Enterprises’ earnings surpassed the consensus estimate by 52.8% in the last reported quarter. In the past 60 days, the Zacks Consensus Estimate for DXPE’s 2026 earnings has increased 17.2%.
Kennametal (KMT - Free Report) presently sports a Zacks Rank of 1. Kennametal’s earnings surpassed the consensus estimate thrice and missed once in the trailing four quarters. The average earnings surprise was 35.4%. In the past 60 days, the Zacks Consensus Estimate for Kennametal’s fiscal 2026 earnings has increased 9%.
Powell Industries (POWL - Free Report) currently carries a Zacks Rank of 2. Powell’s earnings topped the consensus estimate thrice and missed once in the trailing four quarters. The average earnings surprise was 7.8%. In the past 60 days, the Zacks Consensus Estimate for Powell’s fiscal 2026 earnings has increased 4.7%.
Investors interested in Diversified Operations stocks are likely familiar with Grupo Cibest (CIB) and ITT (ITT). But which of these two stocks is more attractive to value investors?
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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. Is ITT (ITT - Free Report) one of those stocks right now? 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 our Conglomerates group, which includes 19 different companies and currently sits at #3 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. 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 7.6% 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 19.2% on a year-to-date basis. Meanwhile, stocks in the Conglomerates group have gained about 4.9% on average. This shows that ITT is outperforming its peers so far this year.
One other Conglomerates stock that has outperformed the sector so far this year is Marubeni Corp. (MARUY - Free Report) . The stock is up 26.1% year-to-date.
For Marubeni Corp., the consensus EPS estimate for the current year has increased 9.2% 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 19 individual stocks and currently sits at #84 in the Zacks Industry Rank. Stocks in this group have gained about 4.9% so far this year, so ITT is performing better this group in terms of year-to-date returns. Marubeni Corp. is also part of the same industry.
Investors with an interest in Conglomerates stocks should continue to track ITT and Marubeni Corp.. These stocks will be looking to continue their solid performance.
Investors interested in Diversified Operations stocks are likely familiar with Marubeni Corp. (MARUY) and ITT (ITT). But which of these two stocks offers value investors a better bang for their buck right now?
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 a member of the Conglomerates sector. This group includes 19 individual stocks and currently holds a Zacks Sector Rank of #13. 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track 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 7% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, ITT has returned 12.9% so far this year. At the same time, Conglomerates stocks have gained an average of 8.8%. This means that ITT is performing better than its sector in terms of year-to-date returns.
Another stock in the Conglomerates sector, Marubeni Corp. (MARUY - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 18.6%.
The consensus estimate for Marubeni Corp.'s current year EPS has increased 5.3% 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 19 individual stocks and currently sits at #158 in the Zacks Industry Rank. This group has gained an average of 8.8% so far this year, so ITT is performing better in this area. Marubeni Corp. is also part of the same industry.
Investors with an interest in Conglomerates stocks should continue to track ITT and Marubeni Corp.. These stocks will be looking to continue their solid performance.
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Zai Lab Limited (NASDAQ: ZLAB; HKEX: 9688) today announced that China's National Medical Products Administration (NMPA) has approved the Biologics License Appl
Investors looking for stocks in the Diversified Operations sector might want to consider either Marubeni Corp. (MARUY - Free Report) or 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.
We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great 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.
Right now, both Marubeni Corp. and ITT are sporting a Zacks Rank of #2 (Buy). This means that both companies have witnessed positive earnings estimate revisions, so investors should feel comfortable knowing that both of these stocks have an improving earnings outlook. However, value investors will care about much more than just this.
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.
MARUY currently has a forward P/E ratio of 12.42, while ITT has a forward P/E of 23.32. We also note that MARUY has a PEG ratio of 1.63. 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 1.73.
Another notable valuation metric for MARUY is its P/B ratio of 1.64. 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 3.47.
These metrics, and several others, help MARUY earn a Value grade of B, while ITT has been given a Value grade of D.
Both MARUY and ITT are impressive stocks with solid earnings outlooks, but based on these valuation figures, we feel that MARUY is the superior value option right now.
