ITT Inc.

ITT's stock hit a record high of $226.21; it most recently traded at $224.62. ITT delivered a total return of 24.48% over the past year and a price gain of 18.1% year to date. In the second quarter, the company beat analysts’ estimates with adjusted earnings of $2.08 per share (expectation $1.92) and revenue of $1.47 billion (expectation $1.39 billion), and raised its full-year guidance. InvestingPro currently rates the stock as overvalued and notes that ITT has increased its dividend for 13 consecutive years. » Więcej na de.investing.com

ITT has completed the acquisition of manufacturer Aerospace Contacts for $31 million. Aerospace Contacts, a supplier to ITT Cannon, provides precision contacts for aerospace and defense and will be integrated into the Connect & Control Technologies business unit. » Więcej na de.investing.com

ITT has appointed Bertrand Loy and Kevin Wheeler to its board of directors effective August 1, 2026. Loy, Executive Chairman of Entegris, will serve on the audit committee. Wheeler, Executive Chairman of A. O. Smith, will join the nominating and governance committee and brings long-standing leadership experience and a shareholder-focused perspective. The appointments are intended to strengthen ITT’s governance and strategic leadership. » Więcej na de.investing.com

ITT shares rose to an all‑time high of $209.76 and gained 75.64% over the past year. The stock trades at a P/E ratio of 34.15 and has a market capitalization of $18.72 billion, with InvestingPro seeing a possible overvaluation versus fair value. ITT completed the acquisition of SPX FLOW for $4.775 billion; analyst updates include Barclays rating the stock equalweight with a $220 price target and Wolfe Research's fair‑value range of $166–282, while Bank of America lists ITT among its top picks for Q2 2026. » Więcej na de.investing.com

At the Bank of America Global Industrials Conference, CEO Luca Savi detailed ITT’s strategy following the $4.775 billion acquisition of SPX FLOW: organic revenue growth in 2025 was 5%, long-term target 5–7%, and EPS growth in the low double-digit percentage range. SPX FLOW is expected to deliver $80 million in cost synergies within three years; ROIC should exceed 10% by year five, and Connect and Control targets a 25% operating margin by 2030. The company named geopolitical tensions in the Middle East as a potential risk to revenue (affecting less than 5% of sales) while highlighting market strength in China and opportunities in the defense sector. » Więcej na de.investing.com