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.

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.

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

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.

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

Jacobs Solutions Inc

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. (NYSE: J) today announced that Kevin Berryman, previously President and Chief Financial Officer and currently Special Advisor to Jacobs' Chief Executive Officer Bob Pragada, has been appointed interim Chief Financial Officer effective March 29, 2024. Berryman succeeds Claudia Jaramillo who is departing the Company to pursue other opportunities.

Jacobs Announces CFO Transition

ITT announces investment of $11 million to boost the company's pump testing capabilities at three of its IP sites.

ITT to Invest $11M for Pump Testing Capabilities Enhancement

ITT gains from strength in energy, mining and decarbonization markets, Svanehoj buyout and shareholder-friendly policies. However, softness in the global auto market is concerning.

ITT Gains From End-Market Strength & Buyouts Amid Headwinds

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

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

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A new list of 27 new dividend increases, including King Kimberly-Clark and three other champions.

27 Upcoming Dividend Increases Including A Dividend King

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

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

ITT's Q4 revenues increase 7% year over year, driven by higher Friction original equipment volumes in the Motion Technologies segment and pricing actions in the Connect & Control Technologies segment.

ITT Q4 Earnings In Line With Estimates, Revenues Increase Y/Y

ITT Inc. (ITT) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for ITT (ITT) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About ITT (ITT) Q4 Earnings

ITT (ITT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

ITT Inc. (ITT) Hits Fresh High: Is There Still Room to Run?

ITT (ITT) came out with quarterly earnings of $1.34 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.29 per share a year ago.

ITT (ITT) Q4 Earnings Meet Estimates

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

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

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Why ITT (ITT) is a Top Momentum Stock for the Long-Term

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

ITT Announces Participation in Investor Conferences on Feb. 22

ITT (ITT) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Is ITT (ITT) a Solid Growth Stock? 3 Reasons to Think "Yes"

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for ITT (ITT), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2023.

Curious about ITT (ITT) Q4 Performance? Explore Wall Street Estimates for Key Metrics

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.

ITT to Provide Highly Engineered Pump Systems and Aftermarket Services

Does ITT (ITT) have what it takes to be a top stock pick for momentum investors? Let's find out.

ITT (ITT) Is Up 0.57% in One Week: What You Should Know

ITT Inc. (ITT) Hit a 52 Week High, Can the Run Continue?

The acquisition of Svanehoj strengthens ITT's position and customer base in the marine pumps industry.

ITT Acquires Svanehoj to Boost Industrial Process Segment

ITT (ITT) possesses solid growth attributes, which could help it handily outperform the market.

ITT (ITT) is an Incredible Growth Stock: 3 Reasons Why

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

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

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

News for ITT Stock (ITT)