ITT Inc. (ITT)

NYSE: ITT · IEX Real-Time Price · USD
82.11
-0.82 (-0.99%)
Jun 5, 2023, 11:42 AM EDT - Market open
-0.99%
Market Cap 6.76B
Revenue (ttm) 3.06B
Net Income (ttm) 392.20M
Shares Out 82.40M
EPS (ttm) 4.70
PE Ratio 17.56
Forward PE 15.80
Dividend $1.16 (1.41%)
Ex-Dividend Date Jun 8, 2023
Volume 167,381
Open 82.67
Previous Close 82.93
Day's Range 80.61 - 82.83
52-Week Range 63.77 - 95.18
Beta 1.42
Analysts Strong Buy
Price Target 98.67 (+20.17%)
Earnings Date May 4, 2023

About ITT

ITT Inc. manufactures and sells engineered critical components and customized technology solutions for the transportation, industrial, and energy markets worldwide. The company operates through three segments: Motion Technologies, Industrial Process, and Connect & Control Technologies. 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 ... [Read more]

Sector Industrials
Founded 1920
Employees 10,300
Stock Exchange NYSE
Ticker Symbol ITT
Full Company Profile

Financial Performance

In 2022, ITT Inc.'s revenue was $2.99 billion, an increase of 8.05% compared to the previous year's $2.77 billion. Earnings were $367.00 million, an increase of 16.03%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for ITT stock is "Strong Buy." The 12-month stock price forecast is $98.67, which is an increase of 20.17% from the latest price.

Price Target
$98.67
(20.17% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

ITT Announces Participation at UBS Global Industrials and Transportation Conference 2023 on June 7

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. today announced its participation at the UBS Global Industrials and Transportation Conference 2023 in New York on Wednesday, June 7.

1 week ago - Business Wire

ITT Announces Quarterly Dividend of $0.290 Per Share

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

3 weeks ago - Business Wire

ITT Reports 2023 First Quarter Earnings Per Share (EPS) of $1.20, Adjusted EPS Of $1.17

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

1 month ago - Business Wire
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ITT Acquires Micro-Mode Products, Leading Provider of Highly Engineered Connectors for Harsh Environment Defense and Space Applications

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. today announced the acquisition of privately held Micro-Mode Products, Inc. for approximately $80 million, which closed on May 2.

1 month ago - Business Wire

ITT Announces Participation in Upcoming Investor Conferences

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. today announced its participation in two upcoming investor conferences hosted by Oppenheimer and Goldman Sachs.

1 month ago - Business Wire

ITT Announces ~$25 Million Commitment to Green Energy Projects to Commemorate Earth Day 2023

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. today announced a commitment of nearly $25 million for green energy projects to commemorate Earth Day.

1 month ago - Business Wire

ITT to Release First Quarter 2023 Results on Thursday, May 4

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. (NYSE: ITT) will release its first quarter 2023 financial results before the opening of the New York Stock Exchange on Thursday, May 4.

1 month ago - Business Wire

ITT And Continental AG Sign 10-Year Strategic Aftermarket Agreement

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. today announced the company has signed a 10-year strategic aftermarket agreement with Continental AG, a leading global automotive supplier.

2 months ago - Business Wire
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ITT Announces Participation at Bank of America Global Industrials Conference 2023 on March 21

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Inc. (NYSE: ITT) today announced its participation at the Bank of America Global Industrials Conference 2023 in London on March 21.

3 months ago - Business Wire

ITT Reports 2022 Fourth Quarter Earnings Per Share (EPS) of $1.39, Adjusted EPS of $1.29

STAMFORD, Conn.--(BUSINESS WIRE)--February 9, 2023-- ITT Inc. (NYSE: ITT) today reported financial results for the fourth quarter ended December 31, 2022. The company reported a year-over-year revenue...

4 months ago - Business Wire

ITT Announces Participation in Investor Conferences on February 23

STAMFORD, Conn.--(BUSINESS WIRE)--February 2, 2023-- ITT Inc. (NYSE: ITT) today announced its participation in two investor conferences on February 23.

4 months ago - Business Wire

ITT to Release 2022 Fourth Quarter and Full Year Results and 2023 Outlook on Thursday, February 9

STAMFORD, Conn.--(BUSINESS WIRE)--January 5, 2023-- ITT Inc. (NYSE: ITT) will release its fourth quarter and full year 2022 financial results and its 2023 outlook before the opening of the New York ...

5 months ago - Business Wire

ITT Releases 2022 Sustainability Report; Announces Emissions Reduction Targets and Diversity, Equity and Inclusion Goals

November 4, 2022-- ITT Inc. (NYSE: ITT) today released its 2022 Sustainability Report, which details the company's accomplishments in 2021 on its environmental, social and governance (ESG) initiatives...

7 months ago - Business Wire
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ITT Announces Quarterly Dividend of $0.264 Per Share

November 1, 2022-- ITT Inc. (NYSE: ITT) today announced that its Board of Directors has declared a regular quarterly dividend payment of $0.264 per share on the Company's outstanding common stock, par...

7 months ago - Business Wire

ITT to Release 2022 Third Quarter Results on Thursday, November 3

STAMFORD, Conn.--(BUSINESS WIRE)--ITT to Release 2022 Third Quarter Results on Thursday, November 3

8 months ago - Business Wire

ITT Expands Compact Actuation Portfolio with Acquisition of Clippard Cylinder Product Line

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Expands Compact Actuation Portfolio with Acquisition of Clippard Cylinder Product Line

10 months ago - Business Wire

ITT Reports 2022 Second Quarter Earnings Per Share (EPS) of $0.91, Adjusted EPS of $0.98

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Reports 2022 Second Quarter Earnings Per Share (EPS) of $0.91, Adjusted EPS of $0.98

10 months ago - Business Wire

ITT to Release 2022 Second Quarter Results on Thursday, August 4

STAMFORD, Conn.--(BUSINESS WIRE)--ITT to Release 2022 Second Quarter Results on Thursday, August 4

11 months ago - Business Wire

ITT Hosts 2022 Investor Conference; Announces Long-Term Financial Outlook

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Hosts 2022 Investor Conference; Announces Long-Term Financial Outlook

1 year ago - Business Wire

ITT Acquires Additive Manufacturing Technology Capabilities with Investment in CRP

STAMFORD, Conn.--(BUSINESS WIRE)--ITT Acquires Additive Manufacturing Technology Capabilities with Investment in CRP

1 year ago - Business Wire

ITT to Host 2022 Investor Conference on June 16

STAMFORD, Conn.--(BUSINESS WIRE)--ITT to Host 2022 Investor Conference on June 16

1 year ago - Business Wire

ITT to Present at the UBS Global Industrials and Transportation Conference 2022 on June 7

STAMFORD, Conn.--(BUSINESS WIRE)--ITT to Present at the UBS Global Industrials and Transportation Conference 2022 on June 7

1 year ago - Business Wire

ITT to Present at the Goldman Sachs Industrials and Materials Conference on May 10th

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--ITT to Present at the Goldman Sachs Industrials and Materials Conference on May 10th

1 year ago - Business Wire

ITT Reports First-Quarter Earnings Per Share of $0.88, Adjusted EPS of $0.97

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--ITT Reports First-Quarter Earnings Per Share of $0.88, Adjusted EPS of $.097

1 year ago - Business Wire