ITT (ITT)

• Market cap: $11.3B
• 1 day: -0.36%
• 5 days: -3.66%
• 1 month: -8.05%
• 3 months: -9.72%
• 6 months: 0.97%
• Year to date: -2.29%
• 1 year: 17.46%
• 5 years: 89.48%
• 10 years: 272.80%
• Sector: Industrials
• Industry: Pumps & Pumping Equipment

About: ITT Inc is a diversified manufacturer of engineered critical components and customized technology solutions predominantly for the transportation, industrial and energy markets. The company's products include, brake pads, shock absorbers, pumps, valves, connectors, switches and others. Its operating segments are; Motion Technologies (MT), Industrial Process (IP), and Connect & Control Technologies (CCT). The majority of the revenue is generated from the Motion Technologies segment which is a manufacturer of brake pads, shims, shock absorbers, energy absorption components and sealing technologies. Geographically, the company generates majority of the revenue from North America, and also has its presence in South America, Europe, Asia, Middle East and Africa.

Employees: 10,600

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

151% more call options, than puts

Call options by funds: $46.2M | Put options by funds: $18.4M

67% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 5 (+2) [Q3]

13% more capital invested

Capital invested by funds: $10.4B [Q2] → $11.7B (+$1.31B) [Q3]

10% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 59

0% more funds holding

Funds holding: 500 [Q2] → 501 (+1) [Q3]

1.94% less ownership

Funds ownership: 97.97% [Q2] → 96.03% (-1.94%) [Q3]

23% less repeat investments, than reductions

Existing positions increased: 147 | Existing positions reduced: 190

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $163 18% upside
• Avg. target: $171 24% upside
• High target: $183 32% upside

5 analyst ratings

• positive: 5 100%
• neutral: 0 0%
• negative: 0 0%

Stifel Nathan Jones 59% 1-year accuracy 41 / 69 met price target	30% upside $180	Buy Maintained	11 Dec 2024
Citigroup Vladimir Bystricky 14% 1-year accuracy 1 / 7 met price target	32% upside $183	Buy Maintained	9 Dec 2024
TD Cowen Joseph Giordano 54% 1-year accuracy 14 / 26 met price target	19% upside $165	Buy Maintained	31 Oct 2024
Baird Michael Halloran 48% 1-year accuracy 14 / 29 met price target	18% upside $163	Outperform Maintained	30 Oct 2024
Keybanc Jeffrey Hammond 51% 1-year accuracy 19 / 37 met price target	19% upside $165	Overweight Maintained	14 Oct 2024