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Itt Inc - ITT STOCK NEWS

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.

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ITT Inc. to release Q3 2023 financial results on Nov. 2
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ITT Inc. announces the election of Nazzic Keene and Kevin Berryman to its Board of Directors. The company also approves a $1 billion share repurchase authorization. Nazzic Keene brings broad public company experience as CEO of SAIC, while Kevin Berryman has extensive financial and operational experience. The share repurchase plan aligns with ITT's long-term capital deployment priorities.
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ITT Inc. to present at D.A. Davidson conference
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ITT Inc. (NYSE: ITT) reported a 14% revenue growth in the second quarter of 2023, driven by pump project wins, aftermarket demand, aerospace growth, and Friction OE and rail share gains. The company also reported a 33% increase in segment operating income and raised its 2023 full year margin and EPS guidance.
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ITT Inc. announces the appointment of Fernando Roland as president of its Industrial Process business. Roland will be responsible for guiding IP through green energy projects and growing its core pumps and valves business.
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FAQ

What is the current stock price of Itt (ITT)?

The current stock price of Itt (ITT) is $119.56 as of April 3, 2025.

What is the market cap of Itt (ITT)?

The market cap of Itt (ITT) is approximately 10.3B.

What are ITT Inc's primary business segments?

ITT Inc operates through segments including Motion Technologies, Industrial Process, and Connect & Control Technologies, each providing specialized engineered products and solutions.

Which markets does ITT Inc serve?

The company serves diverse sectors such as industrial processes, transportation, energy, aerospace, and defense, addressing critical component needs across these markets.

How does ITT Inc generate its revenue?

Revenue is generated by manufacturing and servicing high-precision engineered components and technology solutions, with a strong emphasis on niche markets that require customized products.

What distinguishes ITT Inc from its competitors?

Its combination of advanced engineering, comprehensive product portfolios, and a global operational footprint allows ITT Inc to deliver reliable and innovative solutions in mission-critical applications.

Where is ITT Inc headquartered and how extensive is its global reach?

Headquartered in White Plains, New York, ITT Inc enjoys a broad international presence, servicing customers in over a hundred countries with its diversified product lines.

What role does technology play in ITT Inc's operations?

Advanced technology underpins every aspect of ITT Inc’s operations, from product design to manufacturing, ensuring that the solutions meet stringent quality and performance standards.

How does ITT Inc support its aerospace and defense customers?

Through strategic acquisitions and targeted investments in interconnect and connectivity solutions, ITT Inc offers mission-critical products that meet the high reliability requirements of aerospace and defense sectors.

What kind of expertise does ITT Inc bring to industrial applications?

The company leverages decades of engineering expertise to develop and manufacture critical components that ensure operational efficiency and safety in industrial applications.
Itt Inc

NYSE:ITT

ITT Rankings

ITT Stock Data

10.32B
80.79M
0.76%
94.51%
1.38%
Specialty Industrial Machinery
Pumps & Pumping Equipment
Link
United States
STAMFORD