Wolfe Research initiated coverage on ITT

March 18, 2025-- ITT Inc. (NYSE: ITT) today announced the launch of VIDAR, a first of its kind compact smart motor with embedded variable speed intelligence that lowers energy usage and CO2 emissions, reduces costs and increases equipment lifespan for industrial pumps and fans deployed in harsh environments. VIDAR, previously marketed publicly as the Embedded Motor Drive (EMD), represents ITT's entry point into a $6 billion total addressable market for industrial motors. Each year, roughly $300 billion is spent globally to move fluids for critical applications including food and beverage processing, energy production, water purification and chemical and pharmaceutical manufacturing, among

February 28, 2025-- ITT Inc. (NYSE: ITT) today announced its participation at the Bank of America Global Industrials Conference 2025 in London on March 18. Chief Executive Officer and President Luca Savi and Chief Financial Officer Emmanuel Caprais will present from 8:50 – 9:30 a.m. local time (4:50 – 5:30 a.m. ET). A live audio webcast of the presentation can be accessed at http://investors.itt.com, where related materials will be posted prior to the presentation. Replays 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, industria

GREENWICH, Conn., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Gabelli Funds is hosting its 35th annual Pump, Valve & Water Systems Symposium at the Harvard Club in New York City on Thursday, February 27, 2025. The symposium focuses on themes crucial to this industry, including infrastructure spending, resource security, conservation, and mergers and acquisitions (M&A). Attendees will have the opportunity to engage in one-on-one sessions with management, providing an opportunity to delve into the strategies and growth prospects of these companies. This symposium underscores the pivotal role of the pump, valve, and water systems industry in addressing global challenges. It highlights the sector's

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

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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

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

Full Year Highlights: 11% revenue growth (7% organic) driven by higher volume and pricing actions, and contributions from the Svanehøj and kSARIA acquisitions 18.6% operating margin, up 250 basis points; 17.7% adjusted operating margin, up 80 basis points; surpassing long-term margin target Deployed $1.2 billion of capital, over two times full year free cash flow, shifting portfolio to high growth, high margin flow and connector segments Initiates 2025 EPS guidance of $6.05 to $6.45; adjusted EPS of $6.10 to $6.50 February 6, 2025-- ITT Inc. (NYSE:ITT) today reported financial results for the fourth quarter and full year ended December 31, 2024. For the fourth quarter, the

Jan. 23, 2025-- ITT Inc. (NYSE: ITT) today updated its investor conference call time on Thursday, Feb. 6, 2025 to 9:30 a.m. Eastern Time (previously scheduled for 8:30 a.m.). ITT is making this change to better accommodate investors and analysts that may be impacted by conflicting call times from peer companies. During the call, ITT will discuss its 2024 fourth quarter and full year financial results and 2025 outlook. 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 9:30 a.m. Eastern Time on Thursday, Feb. 6. All d

January 13, 2025-- ITT Inc. (NYSE: ITT) will release its fourth quarter and full year 2024 financial results and its 2025 outlook before the opening of the New York Stock Exchange on Thursday, Feb. 6, 2025. The company will hold a conference call on Feb. 6 at 8:30 a.m. Eastern Time to discuss its 2024 results and 2025 outlook. 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. Eastern Time on Thursday, Feb. 6. A real-time audio webcast of the presentation will also be available at https://investors.itt.co

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