IITT Inc. is a global manufacturer of highly engineered, critical components and customized technology solutions for flow, aerospace and defense, transportation, industrial, and energy markets. Its products are designed, manufactured, and delivered as specialty parts and integrated systems, often tailored to each customer’s needs, with technical support and after-sales service. It differentiates itself through breadth across multiple high-demand markets, a focus on customized, high-reliability components, and disciplined operations and capital investments, including strategic acquisitions like SPX FLOW. The goal is to provide enduring value to customers and grow revenue and shareholder value through solid execution and strategic growth.
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Industries
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Stamford, CT
Founded
1920
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ITT Inc. raised its full-year guidance after third-quarter revenue rose 44% to $1.4 billion, with organic growth of 8%. The SPX FLOW acquisition contributed 35 points of that growth. Earnings per share fell 15% to $1.38 on acquisition-related costs. Adjusted earnings per share rose 20% to $2.26, and adjusted operating margin rose 140 basis points to 21.0%. Orders increased 58%, or 20% organic. Operating cash flow rose 80% to $313 million. ITT now expects full-year adjusted earnings per share of $8.54 to $8.62 and free cash flow of $600 million to $620 million. Davide Barbon, who heads Motion Technologies, will also lead Connect & Control Technologies. ITT declared a quarterly dividend of $0.386 per share.
ITT tops Q3 profit estimates, raises full-year profit forecast. ITT reported third-quarter adjusted EPS of $2.26, above the $2.10 consensus estimate, and revenue of $1.44 billion, in line with the $1.43 billion estimate. It raised its 2026 adjusted EPS forecast. By Yash Upadhyaya Key takeaways. * ITT Inc. (ITT) reported third-quarter adjusted earnings of $2.26 per share, above the $2.10 consensus estimate, and revenue of $1.44 billion, in line with estimates. The company raised its 2026 adjusted EPS forecast to $8.54 to $8.62. ITT said on Nov. 4 that third-quarter adjusted earnings per share rose 20% to $2.26, topping the $2.10 consensus estimate. Revenue of $1.44 billion was in line with the $1.43 billion consensus estimate. The results were driven by the SPX FLOW acquisition, which contributed 35 points of revenue growth. Organic revenue rose 8%, led by aerospace and defense connectors and pump projects. Here's how the company did: * Adjusted EPS: $2.26 vs. $1.89 a year earlier, against a $2.10 consensus estimate * Revenue: $1.44 billion vs. $999.1 million a year earlier, in line with the $1.43 billion consensus estimate * Diluted EPS: $1.38 vs. $1.62 a year earlier Diluted earnings per share fell 15% to $1.38, due to acquisition-related costs. Operating income rose 26% to $227 million, with the legacy business and SPX FLOW both contributing, partly offset by acquisition-related costs. Adjusted operating income rose 55% to $303.1 million. The company said the increase reflected the SPX FLOW contribution as well as volume, pricing and productivity actions across the portfolio. Operating margin fell 230 basis points to 15.7%, reflecting acquisition-related intangible amortization and costs. Adjusted operating margin rose 140 basis points to 21.0%. Net cash from operating activities rose 80% to $313 million. Free cash flow rose 87% to $288.4 million, which the company attributed to strong quarterly operating performance and the SPX FLOW acquisition, partly offset by higher interest. Revenue has risen in each of the last three quarters, from $999.1 million in the third quarter of 2025 to $1.47 billion in the second quarter of fiscal 2026, according to its SEC filings. "ITTers around the world delivered yet another strong quarter as they executed relentlessly across the business," said ITT's Chief Executive Officer and President Luca Savi. He said the acquisitions were enhancing the strength of the portfolio, and that SPX FLOW was delivering high-single-digit growth and capturing cost synergies ahead of schedule. ITT reports three segments: Flow Technologies, Motion Technologies and Connect & Control Technologies. Segment results. Flow Technologies revenue rose $380 million to $764.3 million, up 99.1%, with organic growth of 6%. Its adjusted operating income rose 96% to $171.6 million, reflecting the SPX FLOW contribution, higher volume and pricing actions. Motion Technologies revenue rose $8 million to $363.7 million, with organic growth of 1.8%. Its operating income was $75.0 million, up 7.4%, and its operating margin rose 100 basis points to 20.6%. Connect & Control Technologies revenue rose 21.1% to $313.9 million, with organic growth of 18.6%. Its operating income rose 39.2% to $64.3 million, helped by pricing, volume and net productivity. 2026 guidance. ITT now expects adjusted EPS of $8.54 to $8.62 for the full year. In its previous results release on Aug. 6, it gave a range of $8.12 to $8.32. Reported EPS is now expected to be $4.65 to $4.73, up from the $4.47 to $4.67 range it gave on Aug. 6. The company now expects organic revenue growth of 7% to 9%, up from the 5% to 8% range it gave in August. Total revenue growth is now expected to be 41% to 43%, from 38% to 41%. Operating margin is expected between 13.3% and 14.1%, and adjusted operating margin between 20.2% and 21.0%. Free cash flow is now expected to be $600 million to $620 million, up from the $550 million to $580 million range given in August. Dividend and leadership change. ITT's board approved a quarterly dividend of 38.6 cents per share for the fourth quarter of 2026. It is payable Dec. 31 to shareholders of record as of Dec. 4. Davide Barbon, currently Senior Vice President and President, Motion Technologies, will assume leadership of Connect & Control Technologies, effective immediately. Motion Technologies and Connect & Control Technologies will remain separate reportable segments. "Davide is a proven leader and disciplined operator with a strong track record of delivering results," said Savi. ITT will host a conference call for investors on Nov. 5 at 8:30 a.m. Eastern Time, with a webcast available on the company's investor website.
S&T Live recap: Tony D'Angelo, PRSA's 2026 Gold Anvil recipient, on what he's learned. Looking back at his long career in communications, Tony D'Angelo, APR, Fellow PRSA, sees that his professional development turned a corner when he started caring about the success of the people around him. "When you do that, and you bring that perspective to leadership, the better a leader you will be," said D'Angelo. "And that can be immensely rewarding." D'Angelo received the 2026 Gold Anvil Award, the PRSA's highest individual honor, recognizing lifetime achievement and exceptional leadership, Oct. 18 at ICON 2026. A professor of practice, chair of the public relations department and director of executive education at Syracuse University's S.I. Newhouse School of Public Communications, D'Angelo previously held corporate-communications roles at ITT and Carrier. He was PRSA's 2018 chair. On Oct. 29, D'Angelo was John Elsasser's guest for Strategies & Tactics Live, PRSA's monthly livestream series on LinkedIn. Elsasser, editor-in-chief of PRSA's Strategies & Tactics publication and host of Strategies & Tactics Live, asked what principles have remained constant during the various stages of D'Angelo's career. D'Angelo quoted public relations legend Patrick Jackson, APR, Fellow PRSA: "People want to be engaged, not told; served, not sold." Jackson's adage "has been a touchstone for me throughout my career," D'Angelo said. "You're looking to engage, not dictate." When undertaking organizational changes, "Leaders and organizations tend to fly right to prescribing solutions," D'Angelo said. "And that short-circuits what should be an iterative learning process for the organization. It should be collaborative." Leaders help others grow Elsasser asked how Jackson's philosophy applied when D'Angelo served on PRSA's board and how his understanding of effective leadership grew during that time. "It evolved from the idea that I should be focusing on what I'm doing... to a perspective that welcomes and encourages all voices," D'Angelo said. "The leaders that I've admired do that, and it's something that I continually aspire to." How does a good manager become a strong leader? "A good manager does things right, and a good leader does the right thing," D'Angelo said. "The best leaders bring out the extra in someone. Maybe they don't even know they have it. I've had leaders who, to my undying gratitude, stretched me. It wasn't always comfortable, but I am so glad it happened, because I wasn't necessarily seeing that in myself." Elsasser asked how communicators who work with C-suite executives can find the courage to disagree. To deliver what might be an unwelcome message, "You have to have competence in what you are doing," D'Angelo said. "You have to have confidence in yourself." To back up your argument, "Speak softly, with loud data," he said. "Leaders respect the data." PR's progress - and AI's challenges Where has the PR profession made the greatest progress during D'Angelo's career? "With the advent of digital and social media, now supercharged by artificial intelligence, we're surrounded by actionable data," he said. "We've had to learn to swim in it. And I think that's a good thing. It's given us opportunities for measurement and analysis that didn't exist before. And I think the profession is getting more comfortable with that." At the same time, as artificial intelligence ascends, "I worry about the phenomenon that's been described as 'cognitive offloading,'" D'Angelo said. "Rather than applying critical thinking skills ourselves, we're gonna ask Claude for the answer, or ChatGPT. And I think that interferes with the learning process." He worries that AI will erode people's communication skills. "What we try to do in the classroom is equip students to answer this question in a job interview: 'How are you going to add value to these AI platforms?'" D'Angelo said. The answer "is that you have to be a professional writer and editor," he said. "The differentiating value that we bring is professional communication." Here, D'Angelo takes part in its lightning round:
Henry Schein, Inc. announces Executive changes, effective November 4, 2026. Published on 10/08/2026 at 01:20 pm EDT S&P Capital IQ Henry Schein, Inc. announced that Emmanuel Caprais, former Senior Vice President and Chief Financial Officer of ITT, Inc. has been named the Company?s Senior Vice President, effective November 4, 2026. Mr. Caprais will join the Henry Schein Leadership Team (HSLT) and report to Frederick M. Lowery, Chief Executive Officer of Henry Schein. To support a structured transition, Mr. Caprais will initially serve as Senior Financial Advisor beginning on October 12, 2026. After 18 years with the Company, Ronald N. South, Senior Vice President, will transition into a senior advisory role, effective November 4, 2026. Mr. Caprais, 51, brings more than 25 years of global leadership experience to Henry Schein, with a career spanning finance, operations, strategy, M&A, and investor relations. Most recently, from 2020 until May 2026, Mr. Caprais served as Chief Financial Officer of ITT, a global industrial manufacturer, where he led the company?s financial and capital allocation strategy, and helped oversee and support its growth initiatives. His career at ITT also included leading Financial Planning & Analysis and Investor Relations as well as serving as segment CFO across two of ITT?s operating businesses. Prior to joining ITT, Mr. Caprais held finance leadership roles at Magneti Marelli (now MARELLI) and, earlier, positions of increasing responsibility in finance at Valeo in North America and Europe. Mr. Caprais holds an MBA from Columbia Business School and an undergraduate business degree from ESC Pau in France. In addition to today?s announcement, the Company anticipates the addition of two positions to the HSLT: a Chief Strategy and Transformation Officer and a new technology leadership position encompassing AI implementation, data, and broader technology needs. (C) S&P Capital IQ - 2026
ITT eyes growth as SPX FLOW synergies outpace plan, defense demand surges. September 26, 2026 Key points. * SPX FLOW integration is ahead of plan: ITT expects to exceed its $80 million run-rate cost-synergy target by the end of the acquisition's third year, with early savings driven mainly by lower general and administrative costs. SPX FLOW has also delivered high-single-digit revenue and order growth. * Defense demand is accelerating: ITT reported second-quarter defense revenue growth of 16% and orders growth of nearly 60%, supported by business across aircraft, submarines, naval systems, vehicles, soldier modernization and missile platforms. * Growth remains broad but uneven: ITT sees opportunities in aerospace, rail, automotive, chemicals and energy, while European chemicals and near-term Middle East oil-and-gas orders remain softer. The company is continuing to invest in capacity, product development and distribution while seeking a new CFO by year-end. * MarketBeat previews top five stocks to own in October. ITT NYSE: ITT CEO and President Luca Savi outlined the company's growth priorities, market conditions and integration plans for SPX FLOW during an investor discussion hosted by D.A. Davidson Senior Research Analyst Matt Summerville. Savi described ITT as a diversified engineering company that designs and manufactures components for demanding applications across rail, automotive, aerospace and defense, oil and gas, energy transition, chemical processing, mining and general industrial markets. Following the SPX FLOW acquisition, ITT's revenue exceeds $5 billion, he said. The company has delivered 7% organic revenue growth and 16% earnings-per-share compound annual growth over the past three years, according to Savi. He attributed much of the revenue growth to market-share gains rather than favorable underlying market conditions. Looking forward, he said ITT expects both organic and inorganic value creation, including revenue growth, margin expansion and acquisitions. Flow Technologies sees mixed regional demand. Savi said market conditions have begun to improve in certain Flow Technologies end markets. Chemical-market trends have turned more positive in North America over the past two quarters, though European chemicals remain weak, he said. In oil and gas, ITT's Middle East revenue grew substantially in the first six to nine months of the year as the company fulfilled a strong backlog built through prior order wins. However, Savi said orders in the region have shifted to the right, creating a near-term headwind. Saudi Aramco has begun placing orders with engineering, procurement and construction firms, including for the Jafurah 4 project, and ITT is negotiating pump orders with an EPC contractor, he said. Savi also cited demand opportunities in North America, Latin America and Venezuela. ITT's Bornemann Pumps business has a large installed base in Venezuela, where the company has retained employees despite years of limited activity. He said ITT has received orders since October 2025 from Chevron, PDVSA and other permitted participants for refurbishment and spare-parts work. Svanehøj, ITT's cryogenic marine-pump business acquired in January 2024, recorded 30% growth and a 1.3 book-to-bill ratio, Savi said. He attributed its performance to both favorable market conditions and market-share gains. Discover more Self-Help & Motivational Portfolio Management Tools While Savi called Flow Technologies' 21% second-quarter organic growth "exceptional," he said the company expects continued year-over-year growth at a lower level. ITT expects 2026 growth to be supported by a book-to-bill ratio above one and year-end backlog higher than at the end of December 2025. SPX FLOW integration ahead on cost synergies. SPX FLOW has posted high-single-digit revenue and order growth year to date, with book-to-bill above one, according to Savi. He said this performance reflects backlog and commercial opportunities already present in the acquired business rather than changes made by ITT. Savi said nutrition and health, which represents about 50% to 60% of SPX FLOW, could support future growth as customers including Danone, Nestlé and Unilever increase capital expenditures over the next four to five years. He also pointed to investment in protein and medical-food applications. ITT expects to exceed its target of $80 million in run-rate cost synergies by the end of the third year following the acquisition, Savi said. The company is ahead of plan in the first year due primarily to general and administrative savings. Purchasing synergies are expected to contribute more in years two and three, while footprint-related synergies account for about 10% of the $80 million target. Commercial synergies have begun to emerge. Savi said Waukesha Cherry-Burrell, SPX FLOW's hygienic-pump business, has sold nearly $500,000 of ITT twin-screw pumps in North America and has quoted roughly $4 million to $5 million of potential orders. ITT is also pursuing localized assembly initiatives for SPX FLOW products in Latin America, the Middle East and China. Motion, aerospace and defense trends. Within Motion Technologies, Savi said ITT expects to continue outgrowing global automotive production through 2027 and 2028. He credited the friction business's execution, quality performance and research and development investments. The company spends more than 5% of Motion Technologies revenue on R&D, he said. Electric and hybrid vehicles require larger brake pads because of their greater weight, increasing dollar content per vehicle, according to Savi. Higher-performance vehicles also carry higher-value brake-pad content, though at lower volume. In rail, Savi cited the long life of rail platforms, aftermarket exposure and favorable demand in Europe, Asia and China. He said ITT is currently the only company certified for a high-speed train designed to operate at 450 kilometers per hour, though he expects another supplier to be qualified eventually. Commercial aerospace growth is being driven principally by Boeing production increases, Savi said. ITT renegotiated a fixed-price Boeing contract that had been signed in 2014, with price increases effective Jan. 1, 2026. He said the changes returned affected components to profitability and are intended to cover inflation for the next three to four years. Defense demand has also strengthened, with second-quarter revenue up 16% and orders up nearly 60%, Savi said. ITT supplies connectors, cable assemblies and controls across aircraft, submarines, naval applications, vehicles, soldier modernization and missile platforms. In kSARIA, ITT retained and doubled its content on the next F-35 production round after winning business from a competitor, according to Savi. Investment and CFO search. Savi said ITT prioritizes organic investment because it produces the highest returns, noting Motion Technologies' return on invested capital is above 35%. Current investments include added capacity and machines for Custom Controls Technologies, product development at SPX FLOW and a larger North American distribution center to support faster delivery. He also said ITT expects to appoint a new chief financial officer by the end of the year. The company is seeking an operational finance leader who can work closely with businesses and fit ITT's decentralized, high-performance culture. About ITT (NYSE:ITT). ITT Inc is a diversified industrial manufacturer that develops and produces highly engineered components and systems for transportation, energy, industrial, aerospace and defense, and other specialized markets. The company serves original equipment manufacturers, distributors and aftermarket customers through a portfolio of mission-critical products designed to support safety, efficiency and reliability. ITT operates through three primary business segments. Motion Technologies supplies brake pads, friction materials, shock absorbers, dampers and related components for automotive and rail applications. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider ITT, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ITT wasn't on the list. While ITT currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. The AI boom extends far beyond the biggest tech names. Discover 10 companies supplying the memory, storage, networking, semiconductor manufacturing, and power infrastructure that make AI possible. Learn where the next wave of AI investment opportunities may emerge - and the key risks investors should watch as the global AI buildout accelerates. Continue following MarketBeat
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Industries
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Stamford, CT
Founded
1920
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs