Date | Price Target | Rating | Analyst |
---|---|---|---|
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)
8-K - ITT INC. (0000216228) (Filer)
IRANNOTICE - ITT INC. (0000216228) (Filer)
February 26, 2024-- ITT Inc. (NYSE:ITT) today announced the appointment of Michael G. Guhde as president of its Connect & Control Technologies (CCT) business, reporting to Chief Executive Officer Luca Savi. CCT, one of ITT's three segments, is a leading manufacturer of connectors and control components for critical applications in the aerospace, defense and industrial markets. Guhde will be based at CCT's headquarters in Irvine, CA. Guhde joins ITT from Illinois Tool Works (NYSE:ITW), where he led a large, global business serving the automotive industry through the development and manufacture of highly engineered components. In this role, he oversaw several business improvements that led
Jan. 17, 2024-- ITT Inc. (NYSE:ITT) today announced the election of Sharon Szafranski to its Board of Directors. Ms. Szafranski currently serves as Executive Vice President of the Welding segment at Illinois Tool Works (ITW), a Fortune 200 global multi-industrial manufacturing leader with revenues of more than $15 billion in 2022. Ms. Szafranski began her career at ITW in 1994. "On behalf of the entire Board of Directors of ITT, I would like to welcome Sharon to the ITT Board. She is an accomplished executive with more than thirty years of manufacturing experience and brings extensive multi-industry and global business expertise as a sitting senior leader at ITW," said ITT Chairman of the
October 4, 2023-- ITT Inc. (NYSE:ITT) today announced the election of Nazzic Keene and Kevin Berryman to its Board of Directors. The company also announced that its Board of Directors approved a $1 billion share repurchase authorization with an indefinite term. Repurchases under this authorization will begin upon the expiration of the current $500 million authorization. "We are delighted to appoint to the ITT Board two highly respected, results-driven leaders with long track records of success," said ITT Chairman of the Board, Timothy H. Powers. "These appointments demonstrate our stated commitment to board refreshment and represent an important step in the continued evolution of director
SC 13G/A - ITT INC. (0000216228) (Subject)
SC 13G/A - ITT INC. (0000216228) (Subject)
SC 13G/A - ITT INC. (0000216228) (Subject)
September 12, 2024-- ITT Inc. (NYSE:ITT) today announced the completion of its acquisition of kSARIA Parent, Inc. (kSARIA), a leading producer and supplier of mission-critical connectivity solutions for the defense and aerospace end markets. ITT previously announced the acquisition on Aug. 1, 2024. The acquisition will be funded through a combination of a ~$460 million term loan entered into today and cash on hand. kSARIA produces highly engineered cable assemblies for avionics, sensors, communications and networking applications that are highly complementary to ITT's existing connector portfolio. It operates in a nearly $7 billion addressable North American defense market that is expected
September 4, 2024-- ITT Inc. (NYSE:ITT) today announced its participation at the D.A. Davidson 23rd Annual Diversified Industrials & Services Conference on Sept. 19 in Nashville, Tennessee. Chief Executive Officer and President Luca Savi and Chief Financial Officer Emmanuel Caprais will present from 8:45-9:20 a.m. Central Time on Sept. 19. A live audio webcast of the presentation can be accessed at http://investors.itt.com. A replay of the presentation will be available for 30 days. About ITT ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the transportation, industrial, and energy markets. Building on its he
NEW YORK, Aug. 1, 2024 /PRNewswire/ -- Behrman Capital, a private equity investment firm based in New York, today announced that it has entered into a definitive agreement to sell its portfolio company kSARIA Holdings ("kSARIA" or "the company"), a leading producer and supplier of mission-critical connectivity solutions for the aerospace and defense end markets, to ITT Inc. ((", ITT", , NYSE:ITT) in a transaction valued at approximately $475 million. Founded in 2000, kSARIA brings extensive process technology and engineering expertise to the high-reliability connectivity industry, offering interconnect products and services with superior performance, quality and value to the Mil/Aero end ma
9% revenue growth (6% organic) driven by higher sales volumes across all segments and the acquisition of Svanehøj 60 basis points operating margin expansion to 17.6%; 100 basis points adjusted operating margin expansion to 18.0% 11% EPS growth (12% adjusted) driven by volume, productivity and value pricing Signed definitive agreement to acquire kSARIA, leading provider of highly engineered, mission critical interconnect solutions for the defense and aerospace markets and divested Wolverine Advanced Materials (Wolverine) business, manufacturer of automotive components, in July Maintaining full year revenue, operating margin, EPS and cash flow guidance despite $0.15 impact from d
July 9, 2024-- ITT Inc. (NYSE:ITT) will release its second quarter 2024 financial results before the opening of the New York Stock Exchange on Thursday, Aug. 1. The company will hold a conference call at 8:30 a.m. ET on Aug. 1 to discuss its second quarter performance. To participate on the conference call, click here to register. After completing the online registration form, participants will receive the dial-in number and a unique PIN. Participants should join the call ten minutes before 8:30 a.m. ET on Thursday, Aug. 1. A real-time audio webcast of the presentation will also be available at https://investors.itt.com, where related materials will be available prior to the presentatio
13% orders growth (7% organic) driven by improved connectors demand, aerospace and defense components ramp, and Friction and rail share gains 14% revenue growth (9% organic), surpassing $900 million in revenue for the quarter, driven by higher volume in all businesses 80 basis points operating margin expansion to 16.4%; 120 basis points adjusted operating margin expansion to 17.0% 12% EPS growth (21% adjusted) driven by higher sales volume and productivity Raising 2024 full year guidance May 2, 2024-- ITT Inc. (NYSE:ITT) today reported financial results for the first quarter ended March 30, 2024. Revenue increased 14% (9% organic), primarily driven by pump projects in In
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
UBS upgraded ITT from Neutral to Buy and set a new price target of $95.00 from $107.00 previously
Stifel analyst Nathan Jones maintains ITT (NYSE:ITT) with a Buy and raises the price target from $150 to $157.
ITT (NYSE:ITT) has outperformed the market over the past 15 years by 6.8% on an annualized basis producing an average annual return of 19.36%. Currently, ITT has a market capitalization of $11.77 billion. Buying $100 In ITT: If an investor had bought $100 of ITT stock 15 years ago, it would be worth $1,415.33 today based on a price of $143.06 for ITT at the time of writing. ITT's Performance Over Last 15 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and reviewed by an editor.
4 - ITT INC. (0000216228) (Issuer)
4 - ITT INC. (0000216228) (Issuer)
4 - ITT INC. (0000216228) (Issuer)