ITT, Inc. engages in the manufacture and sale of engineered components and customized technology solutions primarily for the transportation, industrial, and energy markets. It operates through the following segments: Motion Technologies, Industrial Process, Connect and Control Technologies, and Corporate and Other. The Motion Technologies segment manufactures brake pads, shims, shock absorbers, energy absorption components, and sealing technologies primarily for the transportation industry, including passenger cars and trucks, light- and heavy-duty commercial and military vehicles, buses, and trains. The Industrial Process segment includes engineered fluid process equipment in areas such as chemical, oil and gas, mining, and other industrial process markets as well as providing plant optimization and efficiency solutions and aftermarket services and parts. The Connect and Control Technologies segment offers harsh-environment connector solutions and critical energy absorption and flow control components for the aerospace and defense, general industrial, medical, and oil and gas markets. The Corporate and Other segment is composed of corporate office expenses including compensation, benefits, occupancy, depreciation, and other administrative costs, as well as charges related to certain matters, such as asbestos and environmental liabilities, that are managed at a corporate level and are not included in segment results when evaluating performance or allocating resources. The company was founded in 1920 and is headquartered in Stamford, CT.

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ITT reports robust Q4 performance and optimistic outlook for 2023

ITT's Q4 2022 earnings call showcased strong performance and optimistic outlook for 2023, driven by robust growth in key segments and strategic initiatives. While facing challenges such as cost inflation, the company is leveraging its strengths in diversified businesses and margin expansion strategies. Opportunities in EVs and M&A present avenues for future growth and market outperformance.

ITT reports robust Q1 results, eyes margin expansion and acquisitions

ITT's Q1 2023 performance showcased strong growth, margin expansion, and strategic investments. While facing challenges in cost inflation and declining industrial connector orders, the company is focused on leveraging strengths in pricing, acquisitions, and operational efficiency to drive future growth. Opportunities exist for margin improvement, pricing optimization, and market expansion in key regions.

ITT reports robust Q2 earnings, raises full-year guidance amid growth opportunities

ITT delivered strong financial performance in Q2 2023, showcasing growth, margin expansion, and strategic capital deployment. While facing challenges in short-cycle pressures and margin expectations, the company is well-positioned to capitalize on opportunities in high-margin segments and backlog accumulation for future growth.

ITT reports record Q3 earnings, eyes growth through strategic acquisitions

ITT's Q3 2023 showcased strong financial performance and strategic acquisitions.
The company is focused on driving growth through market share gains and operational improvements.
Challenges include managing aftermarket sales decline and European distribution weakness.
Opportunities lie in pending acquisitions, green energy projects, and cost optimization strategies.

ITT reports robust Q4 earnings, eyes growth through acquisitions

ITT delivered strong financial results in Q4 2023, with a positive outlook for 2024. Despite supply chain challenges and margin impacts from acquisitions, the company is strategically positioned for growth through acquisitions and a focus on key markets.

ITT surpasses Q1 expectations, eyes China growth amid challenges

ITT's Q1 2024 performance exceeded expectations, driven by strong organic growth and margin expansion.
Investments in innovation and commitment to M&A for value creation were emphasized.
Challenges in European markets and ongoing focus on productivity and portfolio optimization.
Opportunities lie in China market growth, rail business expansion, and strategic investments.

ITT reports record Q2 earnings, strategic acquisitions drive growth

ITT's Q2 performance reflects strong financial results, exceeding long-term margin targets ahead of schedule. The company's strategic focus on higher-margin, higher-growth businesses and continued outperformance in key markets position it well for future success.

ITT reports robust Q3 earnings, eyes M&A for growth

ITT delivered a strong performance in Q3, showcasing growth across all segments and raising its full-year guidance. The company's strategic initiatives, including pursuing M&A opportunities and focusing on key segments, position it well for future profitability and market share gains. Challenges lie in effectively managing acquisitions and navigating market conditions.

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ITT, Inc. engages in the manufacture and sale of engineered components and customized technology solutions primarily for the transportation, industrial, and energy markets. It operates through the following segments: Motion Technologies (MT), Industrial Process (IP), Connect and Control Technologies (CCT), and Corporate and Other. The MT segment includes ITT Friction Technologies, Axtone, KONI, Novitek, Wolverine Advanced Materials, and GALT brands. The IP segment refers to Goulds Pumps, PRO Services, Rheinhütte Pumpen, Bornemann, C'treat, Habonim, Engineered Valves, and i-ALERT brands. The CCT segment is involved in the Cannon, Aerospace Controls, Neo-Dyn, VEAM, Enidine, Conoflow, BIW Connector Systems, Compact Automation, and Micro-Mode brands. The Corporate and Other segment relates to corporate office expenses including compensation, benefits, occupancy, depreciation, and other administrative costs. The company was founded in 1920 and is headquartered in Stamford, CT.

BRRAY vs. ITT: Which Stock Is the Better Value Option?

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--ITT to Release 2021 Third Quarter Results Wednesday, November 3 and Hold Conference Call Thursday, November 4

CORRECTING and REPLACING ITT to Release 2021 Third Quarter Results Wednesday, November 3 and Hold Conference Call Thursday, November 4

ITT to Release 2021 Third Quarter Results Wednesday, November 3 and Hold Conference Call Thursday, November 4

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--ITT Announces Quarterly Dividend of $0.22 Per Share

ITT Announces Quarterly Dividend of $0.22 Per Share

CR vs. ITT: Which Stock Is the Better Value Option?

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--ITT Names Bartek Makowiecki Senior Vice President of Strategy and Business Development; Will Lead All Merger & Acquisition Initiatives

ITT Names Bartek Makowiecki Senior Vice President of Strategy and Business Development; Will Lead All Merger & Acquisition Initiatives

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--ITT Issues 2021 Sustainability Report Supplement; Continues Progress on Environmental, Social and Governance Priorities

ITT Issues 2021 Sustainability Report Supplement; Continues Progress on Environmental, Social and Governance Priorities

ITT is likely to gain from strength across its businesses, innovation investments, and shareholder-friendly policies. Costs and expenses keep rising.

ITT to Benefit From Business Strength Despite Headwinds

ITT, Inc. (ITT) CEO Luca Savi on Q2 2021 Results - Earnings Call Transcript

ITT's second-quarter 2021 revenues increase 34.4% year over year on account of impressive performance across its segments.

ITT Q2 Earnings & Revenues Surpass Estimates, Increase Y/Y

ITT (ITT) delivered earnings and revenue surprises of 4.44% and 7.32%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

ITT (ITT) Q2 Earnings and Revenues Top Estimates

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--August 5, 2021-- ITT Inc. (NYSE: ITT) reported financial results for the second quarter ended July 3, 2021. The company delivered a year-over-year revenue increase of 34% (29% organic) driven by growth in our Motion Technologies' Friction business, as well as growth across all other segments. Segment operating margin for the second quarter of 16.5% expanded 930 basis points driven by higher sales volume, net productivity, cost action benefits, and higher res

ITT Reports Strong Second-Quarter Results, Raises 2021 Guidance

ITT (ITT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why ITT (ITT) Could Beat Earnings Estimates Again

ORCHARD PARK, N.Y.--(BUSINESS WIRE)--Enidine Industrial, a subsidiary of ITT Inc., (NYSE: ITT) is proud to announce its expanded small-bore, shock-absorber line with the new PXR (Platinum Extended Range) Series. “The new PXR Series from Enidine provides all of the benefits of RoHS-compliant materials in a small package,” said Greg Herman, Global Commercial Leader, Enidine Industrial. “Similar to our popular ECO Series shock absorbers, the new PXR line allows us to provide even more flexibility

Enidine Introduces New PXR Series, Expanding Small-Bore, Shock-Absorber Line

BRRAY vs. ITT: Which Stock Should Value Investors Buy Now?

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--ITT to Release 2021 Second Quarter Results Thursday, August 5 and Hold Conference Call Friday, August 6

ITT to Release 2021 Second Quarter Results Thursday, August 5 and Hold Conference Call Friday, August 6

ITT (ITT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

ITT (ITT) Upgraded to Strong Buy: Here's Why

In a world obsessed with price movements of stocks, it's easy to lose sight of what those prices represent -- the value of holding a company's future profit potential. One of the key ways that profit potential turns into profit actualization in an investor's pocket is the dividend -- cash (usually) payments made to stockholders representing a portion of a company's retained earnings.

Why Worry With Dividends? Their Five-Year Reinvested Value for ITT

ITT's divestiture of its subsidiary InTelCo has removed its legacy asbestos liabilities, insurance assets and deferred tax assets. A loss of $27 million is expected in Q2 from the transaction.

ITT's Asbestos Liabilities Removed With InTelCo Divestiture

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--ITT announces sale of subsidiary holding legacy liabilities to Delticus, an affiliate of Warburg Pincus

ITT Announces Sale of Subsidiary Holding Legacy Liabilities to Delticus, an Affiliate of Warburg Pincus

ITT stands to benefit from strength across its businesses, innovation investments, cost-control measures and shareholder-friendly policies.

Here's Why It is Worth Investing in ITT Stock Right Now

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WHITE PLAINS, N.Y.--(BUSINESS WIRE)--ITT to Present at UBS Global Industrials and Transportation Virtual Conference on June 8th

ITT to Present at UBS Global Industrials and Transportation Virtual Conference on June 8th

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--ITT to Present at KeyBanc Capital Markets Industrials & Basic Materials Virtual Conference 2021 on June 1st.

News for ITT Stock (ITT)