S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
"The $51 Billion Laser Revolution" (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Slow start to New York's legal pot market leaves farmers holding the bag
The single greatest medical breakthrough of all time? (Ad)
Apple is expected to unveil sleek headset aimed at thrusting the masses into alternate realities
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
The single greatest medical breakthrough of all time? (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
"The $51 Billion Laser Revolution" (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Slow start to New York's legal pot market leaves farmers holding the bag
The single greatest medical breakthrough of all time? (Ad)
Apple is expected to unveil sleek headset aimed at thrusting the masses into alternate realities
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
The single greatest medical breakthrough of all time? (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
"The $51 Billion Laser Revolution" (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Slow start to New York's legal pot market leaves farmers holding the bag
The single greatest medical breakthrough of all time? (Ad)
Apple is expected to unveil sleek headset aimed at thrusting the masses into alternate realities
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
The single greatest medical breakthrough of all time? (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
"The $51 Billion Laser Revolution" (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Slow start to New York's legal pot market leaves farmers holding the bag
The single greatest medical breakthrough of all time? (Ad)
Apple is expected to unveil sleek headset aimed at thrusting the masses into alternate realities
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
The single greatest medical breakthrough of all time? (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
NYSE:ITT

ITT (ITT) Stock Forecast, Price & News

$82.93
+4.44 (+5.66%)
(As of 06/2/2023 ET)
Compare
Today's Range
$79.64
▼
$83.36
50-Day Range
$76.21
▼
$86.30
52-Week Range
$63.77
▼
$95.18
Volume
638,020 shs
Average Volume
356,030 shs
Market Capitalization
$6.83 billion
P/E Ratio
17.61
Dividend Yield
1.40%
Price Target
$96.38
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

ITT MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
16.2% Upside
$96.38 Price Target
Short Interest
Healthy
1.14% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.93
Upright™ Environmental Score
News Sentiment
0.33mentions of ITT in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$191,622 Sold Last Quarter
Proj. Earnings Growth
11.34%
From $4.85 to $5.40 Per Share

Overall MarketRank™

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

2.37 out of 5 stars

Multi-Sector Conglomerates Sector

9th out of 19 stocks

Pumps & Pumping Equipment Industry

2nd out of 7 stocks

See Top Rated MarketRank™ Stocks Here

ITT stock logo

About ITT (NYSE:ITT) Stock

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,

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ITT Stock News Headlines

June 3, 2023 | msn.com
Preview Critérium du Dauphiné 2023 | Vingegaard against eclectic mix in preparation for the Tour!
June 3, 2023 | finance.yahoo.com
ITT Inc. (NYSE:ITT) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
June 4, 2023 | Behind the Markets (Ad)
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
June 2, 2023 | msn.com
It's time for college leaders who fueled student loan crisis to pay up, Ed Department says
May 27, 2023 | msn.com
RideLondon Classique: Chloé Dygert wins stage 2 as Charlotte Kool crashes in final kilometre
May 26, 2023 | msn.com
How to watch Giro d'Italia: live stream stages 19, 20 and 21 for free online
May 26, 2023 | theguardian.com
US veterans defrauded by for-profit universities fight to restore benefits
May 26, 2023 | msn.com
Kesha reveals how she once mistook her anxiety for a ‘psychotic break’
June 4, 2023 | Behind the Markets (Ad)
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
May 24, 2023 | forbes.com
How ‘White House Plumbers’ Nails The Look Of The Early 70s
May 24, 2023 | finance.yahoo.com
ITT Announces Participation at UBS Global Industrials and Transportation Conference 2023 on June 7
May 19, 2023 | americanbankingnews.com
Brokerages Set ITT Inc. (NYSE:ITT) Price Target at $96.38
May 12, 2023 | marketwatch.com
ITT Announces Quarterly Dividend of $0.290 Per Share
May 12, 2023 | msn.com
Looking Into ITT's Return On Capital Employed
May 12, 2023 | msn.com
ITT (ITT) Declares $0.29 Dividend
May 10, 2023 | americanbankingnews.com
ITT (NYSE:ITT) Upgraded to Strong-Buy at StockNews.com
May 10, 2023 | americanbankingnews.com
ITT Inc. (NYSE:ITT) Forecasted to Post Q2 2023 Earnings of $1.16 Per Share
May 9, 2023 | americanbankingnews.com
ITT Inc. to Post Q2 2023 Earnings of $1.18 Per Share, KeyCorp Forecasts (NYSE:ITT)
May 8, 2023 | finance.yahoo.com
ITT Q1 Earnings & Revenues Beat Estimates, 2023 EPS View Up
May 8, 2023 | seekingalpha.com
ITT: Steady As She Goes
May 5, 2023 | americanbankingnews.com
ITT (NYSE:ITT) Price Target Increased to $101.00 by Analysts at Robert W. Baird
May 5, 2023 | finance.yahoo.com
Q1 2023 ITT Inc Earnings Call
May 4, 2023 | finance.yahoo.com
ITT Reports 2023 First Quarter Earnings Per Share (EPS) of $1.20, Adjusted EPS Of $1.17
May 4, 2023 | americanbankingnews.com
ITT (NYSE:ITT) Cut to "Buy" at StockNews.com
May 3, 2023 | finance.yahoo.com
ITT Acquires Micro-Mode Products, Leading Provider of Highly Engineered Connectors for Harsh Environment Defense and Space Applications
May 2, 2023 | finance.yahoo.com
Returns On Capital Are Showing Encouraging Signs At ITT (NYSE:ITT)
May 2, 2023 | americanbankingnews.com
ITT (ITT) to Release Quarterly Earnings on Thursday
See More Headlines

ITT Price History

ITT Company Calendar

Ex-Dividend for 4/3 Dividend
3/08/2023
Dividend Payable
4/03/2023
Last Earnings
5/04/2023
Today
6/03/2023
Ex-Dividend for 7/3 Dividend
6/08/2023
Dividend Payable
7/03/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Pumps & pumping equipment
Sub-Industry
Industrial Machinery
Sector
Multi-Sector Conglomerates
Current Symbol
NYSE:ITT
CUSIP
45091120
CIK
216228
Web
www.itt.com
Phone
(914) 641-2000
Fax
914-696-2950
Employees
10,300
Year Founded
1920

Price Target and Rating

Average Stock Price Forecast
$96.38
High Stock Price Forecast
$106.00
Low Stock Price Forecast
$74.00
Forecasted Upside/Downside
+16.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$4.71
Trailing P/E Ratio
17.61
Forward P/E Ratio
17.10
P/E Growth
1.28
Net Income
$367 million
Net Margins
12.82%
Pretax Margin
15.94%
Return on Equity
17.85%
Return on Assets
10.33%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
1.60
Quick Ratio
1.10

Sales & Book Value

Annual Sales
$2.99 billion
Price / Sales
2.29
Cash Flow
$6.12 per share
Price / Cash Flow
13.55
Book Value
$28.02 per share
Price / Book
2.96

Miscellaneous

Outstanding Shares
82,400,000
Free Float
81,906,000
Market Cap
$6.83 billion
Optionable
Optionable
Beta
1.42

Social Links


Key Executives

  • Luca SaviLuca Savi
    President, Chief Executive Officer & Director
  • Emmanuel Caprais
    Chief Financial Officer & Senior Vice President
  • Kristen W. Prohl
    Secretary, Chief Compliance Officer & VP
  • Maurine C. Lembesis
    Chief Human Resources Officer & Senior VP
  • Ryan F. Flynn
    SVP, President-Connect & Control Technologies

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













ITT Stock - Frequently Asked Questions

Should I buy or sell ITT stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ITT in the last twelve months. There are currently 1 hold rating and 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?

7 brokers have issued 12-month price targets for ITT's stock. Their ITT share price forecasts range from $74.00 to $106.00. On average, they anticipate the company's share price to reach $96.38 in the next year. This suggests a possible upside of 16.2% 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 on January 1st, 2023. Since then, ITT shares have increased by 2.3% and is now trading at $82.93.
View the best growth stocks for 2023 here.

Are investors shorting ITT?

ITT saw a increase in short interest in May. As of May 15th, there was short interest totaling 936,900 shares, an increase of 7.0% from the April 30th total of 875,400 shares. Based on an average daily volume of 444,500 shares, the short-interest ratio is currently 2.1 days. Currently, 1.1% of the shares of the stock are short sold.
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, August 3rd 2023.
View our ITT earnings forecast.

How were ITT's earnings last quarter?

ITT Inc. (NYSE:ITT) issued its quarterly earnings data on Thursday, May, 4th. The conglomerate reported $1.17 EPS for the quarter, beating analysts' consensus estimates of $1.10 by $0.07. The conglomerate earned $797.90 million during the quarter, compared to analyst estimates of $777.24 million. ITT had a trailing twelve-month return on equity of 17.85% and a net margin of 12.82%. ITT's quarterly revenue was up 9.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.97 EPS.

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

ITT declared a quarterly dividend on Wednesday, May 10th. Investors of record on Friday, June 9th will be paid a dividend of $0.29 per share on Monday, July 3rd. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date is Thursday, June 8th.
Read our dividend analysis for ITT.

What ETFs hold ITT's stock?

ETFs with the largest weight of ITT (NYSE:ITT) stock in their portfolio include Gabelli Automation ETF (GAST), VanEck Morningstar SMID Moat ETF (SMOT), First Trust SMID Cap Rising Dividend Archievers ETF (SDVY), Global X Autonomous & Electric Vehicles ETF (DRIV), Blue Horizon BNE ETF (BNE), Pacer US Export Leaders ETF (PEXL), Fidelity Small-Mid Cap Opportunities ETF (FSMO) and ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM).

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 1.48%. 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 24.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ITT will have a dividend payout ratio of 21.48% 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 FY 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share (EPS) guidance of $4.65-$4.95 for the period, compared to the consensus EPS estimate of $4.83. The company issued revenue guidance of $3.20 billion-$3.26 billion, compared to the consensus revenue estimate of $3.22 billion.

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?

Based on aggregate information from My MarketBeat watchlists, some companies that other ITT investors own include CA (CA), Hawkins (HWKN), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), Aegean Marine Petroleum Network (ANW), Precision Drilling (PD), NIC (EGOV) and Och-Ziff Capital Management Group (OZM).

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 retail and institutional investors. Top institutional investors include FMR LLC (8.78%), BlackRock Inc. (8.68%), JPMorgan Chase & Co. (7.05%), State Street Corp (2.78%), Select Equity Group L.P. (2.49%) and Macquarie Group Ltd. (2.08%). Insiders that own company stock include Farrokh Batliwala, Luca Savi, Mary Elizabeth Gustafsson, 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 $82.93.

How much money does ITT make?

ITT (NYSE:ITT) has a market capitalization of $6.83 billion and generates $2.99 billion in revenue each year. The conglomerate earns $367 million in net income (profit) each year or $4.71 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 6/4/2023 by MarketBeat.com Staff

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