BofA Securities downgraded ITT from Buy to Neutral and set a new price target of $74.00 from $113.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/11/2024 | Peer Perform | Wolfe Research | |
| 11/16/2023 | $105.00 → $125.00 | Neutral → Buy | BofA Securities |
| 7/11/2022 | $113.00 → $74.00 | Buy → Neutral | BofA Securities |
| 4/8/2022 | $107.00 → $95.00 | Neutral → Buy | UBS |
| 3/28/2022 | Outperform → Perform | Oppenheimer | |
| 12/8/2021 | $112.00 → $130.00 | Neutral → Buy | BofA Securities |
| 8/9/2021 | $107.00 → $110.00 | Outperform | Oppenheimer |
| 8/6/2021 | $105.00 → $113.00 | Overweight | Keybanc |
8-K - ITT INC. (0000216228) (Filer)
SCHEDULE 13G/A - ITT INC. (0000216228) (Subject)
IRANNOTICE - ITT INC. (0000216228) (Filer)
Lone Star Funds ("Lone Star") today announced the signing by an affiliate of Lone Star Fund XI, LP of a definitive agreement to sell SPX FLOW, Inc. ("SPX FLOW"), a leading provider of highly engineered equipment and process technologies for attractive end markets including industrial, health and nutrition, to ITT Inc. (NYSE:ITT) for $4.775 billion in cash and shares of common stock. Based in Charlotte, N.C., SPX FLOW focuses on process technologies delivering mixing, blending, fluid handling, separation, thermal heat transfer and other solutions integral to industrial, health and nutrition markets. The company has operations in more than 25 countries and sales in more than 140 countries.
Adds core and adjacent flow technologies with market leadership in critical applications Strengthens ITT's leadership in core industrial, chemical and energy markets; establishes leading positions in attractive, close adjacencies in health and nutrition, enhancing end market mix $1.3 billion SPX FLOW sales and greater than 21% EBITDA margin (22% adjusted) in trailing twelve months adds resilient, high-margin revenue streams 43% aftermarket revenue doubles Industrial Process segment aftermarket sales $80 million expected run rate of cost synergies by end of year three and opportunity for incremental revenue growth leveraging ITT's proven ability and track record of outperforming und
December 3, 2025-- ITT Inc. (NYSE: ITT) today announced that its Board of Directors has appointed Nazzic S. Keene to succeed current Board Chair, Timothy H. Powers, effective upon Mr. Powers' retirement and following Ms. Keene's election at the May 2026 Annual Meeting of Shareholders. The Company had previously disclosed Mr. Powers' plan to retire in 2026. Ms. Keene has served as a director of the Company since October 2023, and also as a member of its Nominating and Governance and Audit Committees. She brings extensive public company leadership experience as a former CEO with a record of driving growth and transformational change. She also has significant experience as a public company di
Wolfe Research initiated coverage of ITT with a rating of Peer Perform
BofA Securities upgraded ITT from Neutral to Buy and set a new price target of $125.00 from $105.00 previously
BofA Securities downgraded ITT from Buy to Neutral and set a new price target of $74.00 from $113.00 previously
4 - ITT INC. (0000216228) (Issuer)
4 - ITT INC. (0000216228) (Issuer)
4 - ITT INC. (0000216228) (Issuer)
Adds core and adjacent flow technologies with market leadership in critical applications Strengthens ITT's leadership in core industrial, chemical and energy markets; establishes leading positions in attractive, close adjacencies in health and nutrition, enhancing end market mix $1.3 billion SPX FLOW sales and greater than 21% EBITDA margin (22% adjusted) in trailing twelve months adds resilient, high-margin revenue streams 43% aftermarket revenue doubles Industrial Process segment aftermarket sales $80 million expected run rate of cost synergies by end of year three and opportunity for incremental revenue growth leveraging ITT's proven ability and track record of outperforming und
Nov. 18, 2025-- ITT Inc. (NYSE: ITT) today announced that its Svanehøj business, a leading designer and manufacturer of specialized cryogenic pumps and aftermarket services for the marine sector, has acquired Köhler & Hörter GmbH (KOHO). KOHO, a small family-owned company based in Hagen, Germany, is an expert in high-quality compressors for a wide range of industries including shipbuilding. The acquisition significantly expands Svanehøj's capabilities beyond pumps and into compressors, which are critical components for handling hydrogen, hydrocarbons and other demanding gases. By integrating KOHO's reciprocating compressor systems into its existing portfolio of cryogenic pump and tank con
Generated ~$1 billion in revenue, up 13% (6% organic), driven by aerospace and defense, share gains in pump projects and automotive and pricing 18.0% operating margin (18.5% adjusted) driven by productivity, higher volumes and pricing $174 million of net cash from operating activities, up 40%; $154 million free cash flow, up 77% Raising full year revenue, EPS and cash flow guidance given stronger performance Oct. 29, 2025-- ITT Inc. (NYSE:ITT) today reported financial results for the third quarter ended September 27, 2025. The company reported revenue of $999 million, with growth of 13% (6% organic) versus prior year, driven by pump projects strength in Industrial Process (I
December 3, 2025-- ITT Inc. (NYSE: ITT) today announced that its Board of Directors has appointed Nazzic S. Keene to succeed current Board Chair, Timothy H. Powers, effective upon Mr. Powers' retirement and following Ms. Keene's election at the May 2026 Annual Meeting of Shareholders. The Company had previously disclosed Mr. Powers' plan to retire in 2026. Ms. Keene has served as a director of the Company since October 2023, and also as a member of its Nominating and Governance and Audit Committees. She brings extensive public company leadership experience as a former CEO with a record of driving growth and transformational change. She also has significant experience as a public company di
May 21, 2025-- ITT Inc. (NYSE: ITT) today announced the election of Mary Laschinger to its Board of Directors, effective today. Ms. Laschinger served as Chief Executive Officer and Chair of the Board of Directors of Veritiv Corporation (NYSE:VRTV), a leading business-to-business distribution solutions company, from July 2014 until her retirement in September 2020. Prior to leading Veritiv, Ms. Laschinger held multiple senior management roles over more than 20 years at International Paper Company. "We are honored that Mary has joined the ITT Board of Directors. She has significant global experience with industrial companies that operate in markets similar to ITT, as well as a track record
Oct. 1, 2024-- ITT Inc. (NYSE:ITT) today announced the election of Maggie Chu to its Board of Directors. Ms. Chu currently serves as Chief Human Resources Officer of Littelfuse, Inc. (NASDAQ:LFUS), a global manufacturer of circuit protection and power control components serving customers across industrial, transportation and electronics end markets with a market capitalization of more than $6 billion. She has been with Littelfuse since 2021 and currently leads the company's human resources (HR) and corporate communications functions globally. Ms. Chu's appointment to the ITT board is effective immediately. "Maggie is an experienced and seasoned Human Resources executive with a robust track
SC 13G/A - ITT INC. (0000216228) (Subject)
SC 13G/A - ITT INC. (0000216228) (Subject)