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S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
Is Gold Really Boring? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
Stock market today: Wall Street poised for more losses after Fed says rates may stay high in '24
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A small venture capital player becomes a symbol in the fight over corporate diversity policies
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Markets Are Loving These Stocks 'Firing On All Cylinders'
5 Reasons Why Amprius is About to Take Flight 
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
Is Gold Really Boring? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
Stock market today: Wall Street poised for more losses after Fed says rates may stay high in '24
Is Gold Really Boring? (Ad)
3 Reasons This Tech Giant Is Going Back To Highs
A small venture capital player becomes a symbol in the fight over corporate diversity policies
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Markets Are Loving These Stocks 'Firing On All Cylinders'
5 Reasons Why Amprius is About to Take Flight 
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
Is Gold Really Boring? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
Stock market today: Wall Street poised for more losses after Fed says rates may stay high in '24
Is Gold Really Boring? (Ad)
3 Reasons This Tech Giant Is Going Back To Highs
A small venture capital player becomes a symbol in the fight over corporate diversity policies
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
Markets Are Loving These Stocks 'Firing On All Cylinders'
5 Reasons Why Amprius is About to Take Flight 
NYSE:ITT

ITT (ITT) Stock Forecast, Price & News

$97.04
-1.14 (-1.16%)
(As of 09/20/2023 ET)
Compare
Today's Range
$97.02
$99.68
50-Day Range
$95.36
$103.40
52-Week Range
$64.51
$103.96
Volume
253,663 shs
Average Volume
416,686 shs
Market Capitalization
$7.97 billion
P/E Ratio
18.92
Dividend Yield
1.20%
Price Target
$108.43

ITT MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
11.7% Upside
$108.43 Price Target
Short Interest
Healthy
1.06% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.00
Upright™ Environmental Score
News Sentiment
0.72mentions of ITT in the last 14 days
Based on 21 Articles This Week
Insider Trading
Selling Shares
$405,760 Sold Last Quarter
Proj. Earnings Growth
11.59%
From $5.09 to $5.68 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.57 out of 5 stars

Multi-Sector Conglomerates Sector

6th out of 19 stocks

Pumps & Pumping Equipment Industry

4th out of 8 stocks


ITT stock logo

About ITT (NYSE:ITT) Stock

ITT Inc. manufactures and sells engineered critical components and customized technology solutions for the transportation, industrial, and energy markets worldwide. The company operates in 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 vehicles, buses, and trains. The Industrial Process segment designs and manufactures industrial pumps, valves, and plant optimization and remote monitoring systems and services; and aftermarket solutions, such as replacement parts and services. It serves various customers in industries, such as chemical, energy, mining, and other industrial process markets. The Connect & Control Technologies segment designs and manufactures a range of engineered connectors and specialized control components for critical applications supporting various markets, including aerospace and defense, industrial, transportation, medical, and energy. This segment provides connector products, including electrical connectors, such as circular, rectangular, radio frequency, fiber optic, D-sub miniature, micro-miniature, and cable assemblies; and control products consists of highly engineered actuation, flow control, energy absorption, environmental control, and composite component solutions for the aerospace, defense, and industrial markets. ITT Inc. was incorporated in 1920 and is headquartered in Stamford, Connecticut.

ITT Price History

ITT Stock News Headlines

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While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.
Here's Why ITT (ITT) is a Strong Growth Stock
ITT Inc. (NYSE:ITT) Given Consensus Rating of "Buy" by Analysts
How is This "Hidden Gem" Thriving in a Turbulent Market?
While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.
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ITT Inc. (NYSE:ITT) Sees Large Increase in Short Interest
Zacks Research Weighs in on ITT Inc.'s Q3 2023 Earnings (NYSE:ITT)
Here's Why ITT (ITT) is a Strong Momentum Stock
Why ITT (ITT) is a Top Growth Stock for the Long-Term
6 Analysts Have This to Say About ITT
See More Headlines
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ITT Company Calendar

Ex-Dividend for 7/3 Dividend
6/08/2023
Dividend Payable
7/03/2023
Last Earnings
8/03/2023
Ex-Dividend for 10/2 Dividend
8/31/2023
Today
9/20/2023
Dividend Payable
10/02/2023
Next Earnings (Estimated)
11/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Pumps & pumping equipment
Sub-Industry
Industrial Machinery
CUSIP
45091120
Employees
10,300
Year Founded
1920

Price Target and Rating

Average Stock Price Forecast
$108.43
High Stock Price Forecast
$115.00
Low Stock Price Forecast
$105.00
Forecasted Upside/Downside
+11.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$367 million
Pretax Margin
16.69%

Debt

Sales & Book Value

Annual Sales
$2.99 billion
Cash Flow
$5.68 per share
Book Value
$27.30 per share

Miscellaneous

Free Float
81,607,000
Market Cap
$7.97 billion
Optionable
Optionable
Beta
1.45

Social Links

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Key Executives

  • Mr. Luca  SaviMr. Luca Savi (Age 57)
    CEO, Pres & Director
  • Mr. Emmanuel Caprais (Age 48)
    Sr. VP & CFO
    Comp: $1.01M
  • Mr. Davide Barbon (Age 53)
    Sr. VP & Pres of Asia Pacific
    Comp: $1.38M
  • Mr. Bartek Makowiecki (Age 44)
    Sr. VP of Strategy & Bus. Devel.
    Comp: $1.07M
  • Ms. Cheryl De Mesa Graziano (Age 50)
    VP & Chief Accounting Officer
  • Mr. Mark Macaluso
    VP of Investor Relations & Global Communications
  • Ms. Lori Beth Marino (Age 48)
    SVP Gen. Counsel & Assistant Sec.
  • Ms. Maurine C. LembesisMs. Maurine C. Lembesis (Age 56)
    Chief HR Officer & Sr. VP
  • Mr. Carlo Ghirardo (Age 52)
    Sr. VP & Pres of Motion Technologies
  • Mr. Ryan F. FlynnMr. Ryan F. Flynn (Age 52)
    Sr. VP & Pres of Connect and Control Technologies













ITT Stock - Frequently Asked Questions

Should I buy or sell ITT stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ITT in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ITT shares.
View ITT analyst ratings
or view top-rated stocks.

What is ITT's stock price forecast for 2023?

6 Wall Street analysts have issued 1-year price targets for ITT's shares. Their ITT share price forecasts range from $105.00 to $115.00. On average, they expect the company's share price to reach $108.43 in the next twelve months. This suggests a possible upside of 11.7% from the stock's current price.
View analysts price targets for ITT
or view top-rated stocks among Wall Street analysts.

How have ITT shares performed in 2023?

ITT's stock was trading at $81.10 at the start of the year. Since then, ITT stock has increased by 19.7% and is now trading at $97.04.
View the best growth stocks for 2023 here
.

Are investors shorting ITT?

ITT saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 862,700 shares, an increase of 32.4% from the August 15th total of 651,500 shares. Based on an average daily volume of 417,700 shares, the days-to-cover ratio is presently 2.1 days. Approximately 1.1% of the shares of the company are sold short.
View ITT's Short Interest
.

When is ITT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our ITT earnings forecast
.

How were ITT's earnings last quarter?

ITT Inc. (NYSE:ITT) announced its quarterly earnings results on Thursday, August, 3rd. The conglomerate reported $1.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.17 by $0.16. The conglomerate had revenue of $833.90 million for the quarter, compared to analyst estimates of $795.91 million. ITT had a net margin of 13.48% and a trailing twelve-month return on equity of 18.43%. ITT's revenue for the quarter was up 13.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.98 EPS.

How often does ITT pay dividends? What is the dividend yield for ITT?

ITT announced a quarterly dividend on Tuesday, August 1st. Shareholders of record on Friday, September 1st will be paid a dividend of $0.29 per share on Monday, October 2nd. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date is Thursday, August 31st.
Read our dividend analysis for ITT
.

Is ITT a good dividend stock?

ITT (NYSE:ITT) pays an annual dividend of $1.16 per share and currently has a dividend yield of 1.17%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 22.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ITT will have a dividend payout ratio of 20.42% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ITT.

What guidance has ITT issued on next quarter's earnings?

ITT updated its FY23 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of $4.95-$5.15 for the period, compared to the consensus EPS estimate of $4.89.

What is Luca Savi's approval rating as ITT's CEO?

23 employees have rated ITT Chief Executive Officer Luca Savi on Glassdoor.com. Luca Savi has an approval rating of 26% among the company's employees. This puts Luca Savi in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of ITT own?
What is ITT's stock symbol?

ITT trades on the New York Stock Exchange (NYSE) under the ticker symbol "ITT."

Who are ITT's major shareholders?

ITT's stock is owned by a number of institutional and retail investors. Top institutional investors include Capital International Investors (11.41%), BlackRock Inc. (8.53%), JPMorgan Chase & Co. (6.89%), State Street Corp (2.79%), Alliancebernstein L.P. (2.10%) and Geode Capital Management LLC (1.48%). Insiders that own company stock include Luca Savi, Mary Elizabeth Gustafsson, Maurine C Lembesis, Orlando D Ashford, Orlando D Ashford and Ryan F Flynn.
View institutional ownership trends
.

How do I buy shares of ITT?

Shares of ITT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is ITT's stock price today?

One share of ITT stock can currently be purchased for approximately $97.04.

How much money does ITT make?

ITT (NYSE:ITT) has a market capitalization of $7.97 billion and generates $2.99 billion in revenue each year. The conglomerate earns $367 million in net income (profit) each year or $5.13 on an earnings per share basis.

How many employees does ITT have?

The company employs 10,300 workers across the globe.

Does ITT have any subsidiaries?
The following companies are subsidiares of ITT: AcousticFab LLC, Allen Osborne Associates, Axtone, Axtone Bahntechink GmbH, Axtone GmbH, Axtone HSW sp. z.o.o., Axtone S.A., Axtone s.r.o., Blakers Pump Engineers, Bolton Insurance Co., Bolton International RE S.C.A., Bolton International S.C.A., Bombas Goulds S.A., Bombas Goulds de Mexico S. de R.L. de C.V., Bombas Goulds de Venezuela C.A., Bornemann Inc., Bornemann S.A. DE C.V., C&I QSF LLC, C&K Components, Canberra Pumps do Brasil, Carbon Industries Inc., Computer & Equipment Leasing Corporation, DITTHA GmbH, Distribuidora Arbos C.A., Dolphin Technology, EP Industries Europe B.V., Edo, Electrofilm Manufacturing Company LLC, Ellis K. Phelps & Co., Energy Machine Services, Enidine Kabashiki Gaisha (Enidine Company Limited (Japan)), EnviroTech LLC, European Pump Services B.V., F.B. Leopold, FLOJET Corp., Flowtronex PSI, Godwin Pumps, Goulds Mexico Holdings LLC, Goulds Pumps (IPG) LLC, Goulds Pumps (N.Y.) Inc., Goulds Pumps Administration Inc., Goulds Pumps Canada Inc., Goulds Pumps Co. Ltd., Hartzell Aerospace, Hydro Air Industries, ITT (China) Investment Co. Ltd., ITT (Shanghai) Fluid Technology Co. Ltd., ITT Aerospace Controls LLC, ITT Australia Holdings Pty Ltd, ITT Automotive Enterprises Inc., ITT Blakers PTY Ltd, ITT Blakers Unit Trust, ITT Bornemann GmbH, ITT Bornemann-Goulds Pumps S.R.L., ITT Brasil – Indústria de Bombas Válvulas e Serviços Ltda., ITT C'treat LLC, ITT Cannon (Hong Kong) LTD, ITT Cannon Electronics (Shenzhen) Co. Ltd, ITT Cannon GmbH, ITT Cannon Korea Ltd., ITT Cannon LLC, ITT Cannon Ltd., ITT Cannon Mexico Inc., ITT Cannon Veam Italia s.r.l., ITT Cannon de Mexico S.A. de C.V., ITT Community Development Corporation, ITT Corporation India PVT. Ltd., ITT EMD LLC, ITT Egypt LLC, ITT Engineered Valves LLC, ITT Enidine GmbH, ITT Enidine Inc., ITT Finance Hong Kong Ltd., ITT Fluid Technology Asia Pte Ltd., ITT Fluid Technology International (Thailand) LTD., ITT Fluid Technology International Inc., ITT Fluid Technology S.A., ITT Germany Holdings GmbH, ITT Goulds Pumps Colombia S.A.S., ITT Goulds Pumps Inc., ITT High Precision Manufactured Products (Wuxi) Co. Ltd., ITT Holding LLC, ITT Holdings Czech Republic s.r.o., ITT Industries France S.A.S., ITT Industries Global S.a.r.l., ITT Industries Holdings Inc., ITT Industries Holdings Limited, ITT Industries Limited, ITT Industries Luxembourg S.a r.l., ITT Industries Rus LLC, ITT Industries Spain SL, ITT International Holdings Inc., ITT International Luxembourg S.a r.l., ITT Investments Luxembourg S.a.r.l., ITT Italia s.r.l., ITT Italy Holding Srl, ITT Japan B.V., ITT Korea Holding B.V., ITT Luxembourg Europe Sarl, ITT Luxembourg Worldwide Sarl, ITT Manufacturing Enterprises LLC, ITT Motion Technologies America LLC, ITT Motion Technologies GmbH, ITT Motion Technologies LLC, ITT Motion Technologies Luxembourg S.a.r.l., ITT Motion Technologies Mexico S. de R.L. de C.V, ITT Netherlands B.V., ITT Netherlands Europe B.V., ITT Netherlands Worldwide B.V., ITT Rheinhuette Pumps LLC, ITT Rheinhütte Benelux B.V., ITT Rheinhütte Pumpen Austria GmbH, ITT Rheinhütte Pumpen Co. Ltd., ITT Rheinhütte Pumpen GmbH, ITT Saudi Co., ITT Torque Systems Inc., ITT Ventures LLC, ITT Ventures S.a.r.L., ITT Vietnam Pro Company Limited, ITT Water & Wastewater U.S.A. Inc., InTelCo Properties LLC, Industrial Tube Company LLC, International Motion Control, International Motion Control Inc., International Standard Electric Corporation, K and M Electronics, Kentucky Carbon Corporation, Koni BV, Koni Finco B.V., Koni France SAS, Koni NA LLC, LLMZ Kamax, Leland Properties Inc., Matrix Composites, Matrix Composites Inc., Nova Analytics, O.I. Corporation, PT ITT Fluid Technology Indonesia, Pci Membranes, Precision Stainless, Qingdao Kamax Buffer Equipment Company Ltd., Qume, Rheinhutte Pumps Nordic Filial, Rheinhütte Pumpen Group, Rule Industries, SRA International's Airport Operations Solutions (AOS) group, STX Pte. Ltd, Shanghai Hengtong Purified Water Development, Shanghai Hengtong Water Treatment Engineering, Sinton Engineering Group, Stanford Telecommunications Inc, Svedala Robot BV, TDS Corporate Services LLC, Uniservice Wellpoint, Venus Holdco LLC, WAM China Ltd., WC Wolverine Holdings Inc., Water Pollution Control Corp., Wolverine Advanced Materials (Anhui) Co. Ltd., Wolverine Advanced Materials (Changshu) Co. Ltd., Wolverine Advanced Materials (Shanghai) Co. Ltd., Wolverine Advanced Materials Asia Limited, Wolverine Advanced Materials GmbH, Wolverine Advanced Materials LLC, Wolverine Automotive Holdings Inc., Wolverine Brasil Representacao Ltda., Wolverine Japan KK, Wolverine Press (Changshu) Co. Ltd., Wolverine/Tekno Laminates and Composites Ltda., and YSI Inc.
Read More
How can I contact ITT?

ITT's mailing address is 1133 WESTCHESTER AVENUE, WHITE PLAINS NY, 10604. The official website for the company is www.itt.com. The conglomerate can be reached via phone at (914) 641-2000, via email at michele.andrle@itt.com, or via fax at 914-696-2950.

This page (NYSE:ITT) was last updated on 9/21/2023 by MarketBeat.com Staff

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