Welcome to our dedicated page for Itt news (Ticker: ITT), a resource for investors and traders seeking the latest updates and insights on Itt stock.
Overview of ITT Inc
ITT Inc is a diversified manufacturer specializing in engineered critical components and customized technology solutions. Operating predominantly within the industrial, transportation, and energy markets, ITT Inc offers a robust portfolio of products such as brake pads, shock absorbers, pumps, valves, connectors, and switches. These offerings are designed to meet the rigorous demands of mission-critical applications in diverse sectors, making ITT Inc a pivotal player in sectors where specialized engineered solutions are essential.
Business Segments and Core Operations
The company’s operations are organized into key segments: Motion Technologies, which supplies high-reliability parts for transportation markets, including brake pads, energy absorption components, and damping technologies; Industrial Process, which manufactures fluid process equipment essential to the oil and gas, mining, power generation, and chemical industries; and Connect & Control Technologies, which focuses on delivering innovative interconnect solutions. Such a diversified structure allows ITT Inc to address a variety of industry needs by leveraging advanced engineering and state-of-the-art manufacturing processes.
Engineering Excellence and Market Approach
ITT Inc has built a reputation for its deep engineering expertise and innovation. The company’s customized technology solutions are developed using sophisticated designs and rigorous quality standards, ensuring they perform reliably in harsh environments and mission-critical applications. This attention to detail and commitment to quality enables ITT Inc to maintain strong market positions in competitive sectors. Strategic acquisitions, such as the recent integration of a leading provider of connectivity solutions, have further bolstered its capabilities, particularly in aerospace and defense markets.
Global Presence and Competitive Landscape
Headquartered in White Plains, New York, ITT Inc operates with a global outlook, serving customers in over a hundred countries. The company’s expansive geographic footprint ensures a diversified revenue stream and enhances its ability to respond to localized market demands. In a competitive landscape, ITT Inc differentiates itself by combining a long-standing history with innovative engineering approaches, which collectively address complex customer challenges and set the company apart among its peers.
Industry Impact and Value Proposition
At the heart of ITT Inc’s operations is a commitment to delivering solutions that drive performance in industries where failure is not an option. Its engineered products are integral to automotive safety systems, industrial process reliability, and advanced connectivity in aerospace and defense. The company’s emphasis on superior quality and specialized service offerings underscores its value proposition: providing tailored solutions that are crucial for operational efficiency and safety in high-stakes environments.
Understanding ITT Inc for Investors and Industry Observers
- Expertise and Innovation: With nearly a century of engineering excellence, ITT Inc continuously evolves its product development processes to meet emerging industry challenges.
- Comprehensive Solutions: The company’s diversified business segments and global presence ensure that it caters to a wide range of industrial, transportation, and energy applications.
- Strategic Acquisitions: Targeted acquisitions have enriched its portfolio, enabling ITT Inc to expand its service capabilities, particularly in high-reliability connectivity solutions for critical applications.
- Market Positioning: By focusing on engineered components that require precision and robustness, ITT Inc sustains a competitive edge in niche market segments where specialized expertise is crucial.
This detailed overview encapsulates ITT Inc’s core operations, distinctive market position, and strategic approach, providing a comprehensive resource for investors and industry professionals seeking to understand the company’s business model and operational framework.
ITT Inc. (NYSE: ITT) has announced the launch of VIDAR, a revolutionary compact smart motor with embedded variable speed intelligence, targeting a $6 billion total addressable market for industrial motors. The technology, previously known as Embedded Motor Drive (EMD), is 60% smaller than current market offerings and designed for industrial pumps and fans in harsh environments.
VIDAR addresses the inefficiency of conventional fixed-speed motors, which account for 85% of industrial pumps and fans globally. In testing, VIDAR demonstrated a 52% reduction in power consumption while maintaining the same flow rates. The smart motor serves as a drop-in replacement for existing motors, eliminating the need for special wiring, VFDs, or additional enclosures.
Initial shipments are scheduled for Q3 2025, with significant volume increases expected in 2026. The technology targets critical applications in food and beverage processing, energy production, water purification, and chemical and pharmaceutical manufacturing.
ITT (NYSE: ITT) has announced its participation in the Bank of America Global Industrials Conference 2025 in London on March 18. CEO Luca Savi and CFO Emmanuel Caprais will present from 8:50 – 9:30 a.m. local time (4:50 – 5:30 a.m. ET).
The presentation will be accessible via live audio webcast at investors.itt.com, where related materials will be available beforehand. Replay access will be provided for 30 days following the event.
ITT is a diversified manufacturer specializing in engineered critical components and customized technology solutions for transportation, industrial, and energy markets. The company operates globally with employees across 35+ countries and sales in approximately 125 countries.
ITT (NYSE: ITT) has announced its upcoming 2025 Capital Markets Day, scheduled for May 15 in New York City, starting at 1 p.m. ET. The event will feature presentations from key leadership, including CEO and President Luca Savi and CFO Emmanuel Caprais, focusing on the company's innovation strategy, execution capabilities, and M&A activities.
The event will be accessible via a real-time video webcast on the company's investor relations website, with presentation materials available beforehand and a replay option after the event. ITT, headquartered in Stamford, Connecticut, is a diversified manufacturer of engineered components and technology solutions serving transportation, industrial, and energy markets. The company maintains a global presence with employees in over 35 countries and sales operations in approximately 125 countries.
ITT reported strong financial results for Q4 and full year 2024. Full-year revenue grew 11% (7% organic), driven by higher volume, pricing actions, and the Svanehøj and kSARIA acquisitions. The company achieved an 18.6% operating margin, up 250 basis points, with adjusted operating margin at 17.7%.
Q4 2024 highlights include revenue increase of 12% (6% organic), operating income of $160 million (up 35% YoY), and EPS of $1.55 (up 38% YoY). Operating cash flow reached $223 million, a 31% increase.
The company deployed $1.2 billion in capital, including strategic acquisitions of Svanehøj and kSARIA, while divesting its automotive component business. ITT announced a 10% increase in quarterly dividend to $0.351 per share. For 2025, ITT projects revenue growth of 2-4%, operating margin of 18.0-18.9%, and EPS guidance of $6.05-$6.45.
ITT Inc. (NYSE: ITT) has announced its participation in three major investor conferences in February 2025. CFO Emmanuel Caprais will present at the TD Cowen 46th Annual Aerospace & Defense Conference in Washington D.C. on February 12 at 3:35 p.m. ET. CEO and President Luca Savi will present at the Citi 2025 Global Industrial Tech and Mobility Conference in Miami on February 20 at 8 a.m. ET. Caprais will also present at the Gabelli 35th Annual Pump, Valve & Water Systems Symposium in New York on February 27 at 10 a.m. ET.
ITT is a diversified manufacturer of engineered components and technology solutions for transportation, industrial, and energy markets. The company operates globally with employees in over 35 countries and sales in approximately 125 countries. Live audio webcasts of all presentations will be available at investors.itt.com.
ITT (NYSE: ITT) has rescheduled its investor conference call for Thursday, Feb. 6, 2025, from 8:30 a.m. to 9:30 a.m. Eastern Time. The change aims to accommodate investors and analysts facing conflicting call schedules with peer companies. During the call, ITT will present its 2024 fourth quarter and full year financial results, along with its 2025 outlook.
Participants can register online to receive dial-in information and a unique PIN, and should join ten minutes before the call. Previously registered participants' information remains valid. A real-time audio webcast will be available at investors.itt.com, with related materials provided before the presentation and a replay available two hours after the call.
ITT Inc. (NYSE: ITT) announced that its Cannon connectors have received U.S. Army qualification for deployment on the Nett Warrior soldier-worn mission command system. The MKJ Warrior Series connectors will provide connectivity for power and data hubs, combat radio systems, wearable batteries, smartphones, and tablets within the Nett Warrior ecosystem.
The Nett Warrior program represents an annual total addressable market of approximately $40 million for ITT. The system is designed to enhance soldier decision-making capabilities through detailed mapping tools and communications functions. The broader market opportunity includes U.S. spending for handheld, manpack and small form fit radios, expected to reach ~$700 million in 2025.
ITT's portfolio includes additional interconnect solutions such as the proprietary Nemesis and HDx connectors, which are used in tactical communications platforms including radios, providing further growth potential.
ITT Inc. (NYSE: ITT) has announced it will release its fourth quarter and full year 2024 financial results, along with its 2025 outlook, before the New York Stock Exchange opens on Thursday, February 6, 2025. The company will host a conference call at 8:30 a.m. Eastern Time on the same day to discuss these results.
Participants can register online to receive dial-in information and a unique PIN, and are advised to join ten minutes before the call starts. A real-time audio webcast will be available on the company's investor relations website, where related materials will be posted before the presentation. A replay will be accessible two hours after the call.
ITT is described as a diversified leading manufacturer of highly engineered critical components and customized technology solutions for transportation, industrial, and energy markets. The company operates globally with employees in over 35 countries and sales in approximately 125 countries.
ITT has received a credit rating upgrade from Moody's, moving to Baa1 from Baa2, while maintaining its Prime-2 short-term commercial paper rating. The upgrade reflects Moody's confidence in ITT's sustained improvements in profitability and cash generation, along with its well-balanced financial policy. Moody's expects ITT's market share gains and strong backlog conversion to support continued operating profit growth. CEO Luca Savi attributes this upgrade to the company's consistent performance, profitable growth, strategic acquisitions, and strong cash generation capabilities.
ITT Inc. (NYSE: ITT) announced its participation in the UBS Global Industrials & Transportation Conference 2024 scheduled for December 4 in Palm Beach, Florida. Chief Financial Officer Emmanuel Caprais will deliver a presentation from 8:50-9:30 a.m. Eastern Time. The presentation will be available via live audio webcast on the company's investor relations website, with replays accessible for 30 days afterward. ITT is a leading manufacturer of engineered components and technology solutions for transportation, industrial, and energy markets, operating in over 35 countries with sales in approximately 125 countries.
FAQ
What is the current stock price of Itt (ITT)?
What is the market cap of Itt (ITT)?
What are ITT Inc's primary business segments?
Which markets does ITT Inc serve?
How does ITT Inc generate its revenue?
What distinguishes ITT Inc from its competitors?
Where is ITT Inc headquartered and how extensive is its global reach?
What role does technology play in ITT Inc's operations?
How does ITT Inc support its aerospace and defense customers?
What kind of expertise does ITT Inc bring to industrial applications?
