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.
ITT Inc (ITT) delivers engineered components and technology solutions for critical industrial, transportation, and energy applications. This page aggregates official announcements, financial updates, and strategic developments from the global manufacturer.
Investors and industry professionals will find timely updates on earnings reports, product innovations, and operational milestones. Track coverage of ITT's Motion Technologies division, Industrial Process equipment advancements, and Connect & Control Technologies' aerospace solutions.
The repository includes press releases on acquisitions, sustainability initiatives, and leadership updates. Content is organized to highlight ITT's role in enabling mission-critical systems across manufacturing and infrastructure sectors.
Bookmark this page for direct access to verified corporate communications. Combine regular visits with Stock Titan's portfolio tools to monitor ITT's market position and engineering developments.
ITT Inc. (NYSE: ITT) has released preliminary Q1 2025 financial results, reporting orders of $1.0 billion, showing 7% growth (2% organic), driven by pump project and connectors awards. Revenue exceeded $900 million, remaining flat on both GAAP and organic basis, with strength in pumps aftermarket, connectors and rail, offset by lower aerospace demand.
The company achieved an operating margin of 16.5% and adjusted operating margin of 17.4%, with earnings per share projected between $1.29-$1.35 and adjusted EPS of $1.43-$1.45. Net cash from operations is expected at $107-117 million, with free cash flow of $70-80 million.
Additionally, ITT announced plans to repurchase up to $500 million of shares under its existing $1 billion authorization plan, while maintaining capacity for future acquisitions and its investment grade credit rating.
ITT Inc. (NYSE: ITT) has nominated Douglas DelGrosso to its Board of Directors, with the election scheduled for May 21, 2025, subject to shareholder approval at the annual meeting. DelGrosso, who recently retired as president and CEO of Adient plc in December 2023, brings extensive global operations experience from his leadership roles in automotive and manufacturing sectors.
DelGrosso's career includes serving as president and COO of Chassix Inc. (2016-2018) and as president and CEO of Henniges Automotive (2012-2015). He currently serves on the Board of Directors of Cabot and two private companies: Pangea and Accuride Upon election, DelGrosso will be appointed to ITT's Nominating and Governance Committee.
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.
