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$ITT

4 stories mentioning ITT

Every FINWIRES story that references ITT, newest first.

Insider Trading

ITT Insider Sold Shares Worth $1,483,527, According to a Recent SEC Filing

Lori B. Marino, Senior Vice President, Chief Legal Officer, Chief Compliance Officer, and Secretary, on May 08, 2026, sold 7,123 shares in ITT (ITT) for $1,483,527. Following the Form 4 filing with the SEC, Marino has control over a total of 8,729 common shares of the company, with 8,729 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/216228/000177550326000004/xslF345X05/ownership.xml

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Research

Research Alert: CFRA Raises Rating On Itt Shares To Buy From Hold

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lift our 12-month target following Q1 results to $250 from $220, valuing shares at 27x our 2027 EPS outlook of $9.27 (up from $8.15; 2026 EPS forecast revised to $7.95 from $7.46), above ITT's long-term historical average given portfolio optimization toward high-growth markets. The integration of SPX FLOW, which closed in March, accounted for a significant portion of the top-line expansion (up 33% Y/Y) and was immediately accretive to adjusted earnings per share - even after accounting for initial acquisition-related costs and financing. We are encouraged by ITT's early results in integrating SPX FLOW, with $15M of cost synergies expected by year-end. Underlying organic performance was driven by sustained strength in aerospace and defense within the CCT segment, share gains in Motion Tech that outpaced a declining automotive market, and robust project and short-cycle activity in the legacy Flow Tech business.

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Research

Research Alert: Itt Prints Q1 Earnings Beat; Spx Flow Addition Boosts Results

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:ITT delivered strong Q1 results, with adjusted EPS of $1.98 (+25% Y/Y) beating consensus of $1.74, supported by broad-based organic growth and SPX FLOW integration benefits. Revenue reached $1.2B (+33% Y/Y, +11% organic), with SPX FLOW contributing 17% of total growth and all segments posting organic expansion. In our view, the successful SPX FLOW integration proved immediately accretive, while robust demand across the aerospace & defense and industrial markets supports the investment thesis. Orders grew 26% (+8% organic) with book-to-bill above 1.0 across segments, providing improved visibility for sales growth. Organic performance was strong, with Flow Tech up 12% from Svanehoj projects, Connect & Control up 18% from aerospace & defense, and Motion Tech up 5% from Friction OE and rail demand. Adjusted operating margin expanded 130 bps to 20.3%, reflecting operational execution and SPX FLOW's accretive impact while offsetting material cost inflation through productivity and pricing actions.

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Wire

GE Verona, Parker-Hannifin Poised to Benefit From Improving Industrial Demand, BofA Says

GE Vernova (GEV), Parker-Hannifin (PH), and Ametek (AME) are among companies expected to benefit from improving short-cycle industrial demand as order trends strengthen and defense-related exposure provides an additional boost, BofA Securities said Monday in a report.BofA expects GE Vernova's orders to rise 44% this year, supported by data-center demand and potential upside from the US-Japan trade deal's Ohio power-generation project. Defense revenue accounts for 11% of Parker-Hannifin's sales and 10% at both Ametek and ITT (ITT), the report said.3M (MMM) and Forgent Power Solutions (FPS) have lagged behind the S&P 500's recent 1% decline, while Vertiv (VRT), GE Vernova, and Fastenal (FAST) have outperformed, the report said.Companies tied more closely to consumer spending may face greater pressure, while industrial component suppliers are likely to see the strongest improvement in revenue growth as orders picked up in Q4, the report said. Supply-chain disruptions tied to the Middle East conflict may affect Q2 shipment timing, BofA said.Price: $990.82, Change: $-0.50, Percent Change: -0.05%

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