ITT Inc. (ITT)

NYSE: ITT · IEX Real-Time Price · USD
137.52
+0.97 (0.71%)
May 14, 2024, 4:00 PM EDT - Market closed
0.71%
Market Cap 11.32B
Revenue (ttm) 3.40B
Net Income (ttm) 421.50M
Shares Out 82.30M
EPS (ttm) 5.09
PE Ratio 27.02
Forward PE 22.47
Dividend $1.28 (0.93%)
Ex-Dividend Date Jun 3, 2024
Volume 336,476
Open 137.25
Previous Close 136.55
Day's Range 136.71 - 137.88
52-Week Range 75.82 - 139.19
Beta 1.43
Analysts Strong Buy
Price Target 132.25 (-3.83%)
Earnings Date May 2, 2024

About ITT

ITT Inc., together with its subsidiaries, manufactures and sells engineered critical components and customized technology solutions for the transportation, industrial, and energy markets in the United States and internationally. The Motion Technologies segment manufactures brake pads, shims, shock absorbers, and energy absorption components; and sealing technologies primarily for the transportation industry, including passenger cars, trucks, light- and heavy-duty commercial and military vehicles, buses, and trains. This segment sells its produc... [Read more]

Sector Industrials
Founded 1920
Employees 10,600
Stock Exchange NYSE
Ticker Symbol ITT
Full Company Profile

Financial Performance

In 2023, ITT Inc.'s revenue was $3.28 billion, an increase of 9.88% compared to the previous year's $2.99 billion. Earnings were $410.50 million, an increase of 11.85%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for ITT stock is "Strong Buy." The 12-month stock price forecast is $132.25, which is a decrease of -3.83% from the latest price.

Price Target
$132.25
(-3.83% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

ITT Announces Participation at 17th Annual Wolfe Research Global Transportation & Industrials Conference on May 22

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. today announced its participation at the 17th Annual Wolfe Research Global Transportation & Industrials Conference on May 22 in New York.

6 days ago - Business Wire

ITT Reports 2024 First Quarter Earnings Per Share (EPS) of $1.34, Adjusted EPS of $1.42

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. (NYSE: ITT) today reported financial results for the first quarter ended March 30, 2024.

12 days ago - Business Wire

ITT Recognized as 3-Star Employer by VETS Indexes for Commitment to Hiring and Developing Military Community Members

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. is proud to announce it has earned the designation of 3-Star Employer in the 2024 VETS Indexes Employer Awards.

19 days ago - Business Wire

ITT Announces Participation in Oppenheimer's 19th Annual Industrial Growth Conference

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. today announced its participation in Oppenheimer's 19th Annual Industrial Growth Conference on Tuesday, May 7.

4 weeks ago - Business Wire

ITT to Release First Quarter 2024 Results on Thursday, May 2

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. will release its first quarter 2024 financial results before the opening of the New York Stock Exchange on Thursday, May 2.

4 weeks ago - Business Wire

ITT Nominates Christopher O'Shea for Election to Board of Directors

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. today announced the nomination of Christopher O'Shea for election to its Board of Directors at its annual meeting of shareholders.

6 weeks ago - Business Wire

Jacobs Announces CFO Transition

Former Jacobs Chief Financial Officer, Kevin Berryman, Appointed Interim Chief Financial Officer Company Reaffirms Fiscal Year 2024 Outlook DALLAS , April 1, 2024 /PRNewswire/ -- Jacobs Solutions Inc....

Other symbols: J
6 weeks ago - PRNewsWire

ITT Announces Participation at Bank of America Global Industrials Conference 2024 on March 19

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. today announced its participation at the Bank of America Global Industrials Conference 2024.

2 months ago - Business Wire

ITT Names Michael Guhde President of Connect & Control Technologies (CCT) Business

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. today announced the appointment of Michael G. Guhde as president of its Connect & Control Technologies (CCT) business.

2 months ago - Business Wire

ITT Reports 2023 Earnings Per Share (EPS) of $1.12, Adjusted EPS of $1.34 in Fourth Quarter 2023; Reports EPS of $4.97, Adjusted EPS of $5.21 for the Full Year

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. (NYSE: ITT) today reported financial results for the fourth quarter and full year ended December 31, 2023.

3 months ago - Business Wire

ITT Announces Participation in Investor Conferences on Feb. 22

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. (NYSE: ITT) today announced its participation in two investor conferences on Feb. 22, 2024.

3 months ago - Business Wire

ITT to Provide Highly Engineered Pump Systems and Aftermarket Services

STAMFORD, Conn.--(BUSINESS WIRE)--ITT today announced the company has signed an agreement for the supply of pump systems and related products and engineered services to ExxonMobil.

3 months ago - Business Wire

ITT Completes Acquisition of Svanehøj, Leading Provider of Customized Critical Liquid and Cryogenic Pumps

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. today announced the completion of its acquisition of Svanehøj Group A/S (Svanehøj).

4 months ago - Business Wire

ITT Announces New Board of Directors Appointment

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. today announced the election of Sharon Szafranski to its Board of Directors.

4 months ago - Business Wire

ITT to Release 2023 Fourth Quarter and Full Year Results and 2024 Outlook on Thursday, Feb. 8

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. will release its fourth quarter and full year 2023 financial results and its 2024 outlook on Thursday, Feb. 8, 2024.

4 months ago - Business Wire

ITT Reports 2023 Third Quarter Earnings Per Share (EPS) of $1.34, Adjusted EPS of $1.37

STAMFORD, Conn.--(BUSINESS WIRE)--ITT today reported financial results for the third quarter ended September 30, 2023.

6 months ago - Business Wire

ITT to Acquire Svanehøj, Leading Provider of Customized Critical Liquid and Cryogenic Pumps for Liquefied Gas Applications

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. today announced it has signed an agreement to acquire privately held Svanehøj Group A/S (Svanehøj).

6 months ago - Business Wire

ITT Announces Quarterly Dividend of $0.290 Per Share

STAMFORD, Conn.--(BUSINESS WIRE)--ITT announces a quarterly dividend of $0.290 per share.

7 months ago - Business Wire

ITT Releases 2023 Sustainability Update; Announces Progress Towards Emissions Reduction and Diversity, Equity and Inclusion Targets

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. today released its 2023 Sustainability Update.

7 months ago - Business Wire

ITT to Release Third Quarter 2023 Results on Thursday, Nov. 2

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. will release its third quarter 2023 financial results before the opening of the New York Stock Exchange on Thursday, Nov. 2.

7 months ago - Business Wire

ITT Announces New Board of Directors Appointments and $1 Billion Share Repurchase Authorization

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Announces New Board of Directors Appointments and $1 Billion Share Repurchase Authorization.

7 months ago - Business Wire

ITT Announces Participation at D.A. Davidson's 22nd Annual Diversified Industrials & Services Conference

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. today announced its participation at the D.A. Davidson 22nd Annual Diversified Industrials & Services Conference in Nashville, Tennessee.

8 months ago - Business Wire

ITT Inc: A Strong Contender in the Industrial Products Sector with Good Outperformance Potential

ITT Inc ( ITT , Financial), a prominent player in the Industrial Products sector, is currently trading at $101.51 with a market capitalization of $8.36 billion. The company's stock has seen a gain of ...

10 months ago - GuruFocus

ITT Reports 2023 Second Quarter Earnings Per Share (EPS) of $1.31, Adjusted EPS of $1.33

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. today reported financial results for the second quarter ended July 1, 2023.

10 months ago - Business Wire

ITT Names Fernando Roland President of Industrial Process Business

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. today announced the appointment of Fernando Roland as president of its Industrial Process business.

10 months ago - Business Wire