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ITT Inc. reported second-quarter revenue of $1.47 billion, beating analyst estimates by 5.9% and marking 51.5% year-on-year growth. The engineered components manufacturer also exceeded profit expectations with adjusted earnings of $2.08 per share, 6.9% above consensus. The company raised its full-year adjusted earnings guidance to $8.22 at the midpoint, a 4.7% increase. However, operating margin declined to 12.2% from 18% in the prior-year quarter, whilst free cash flow margin fell to 11% from 14.1%. Organic revenue rose 12.7% year on year. Analysts expect revenue to grow 20.4% over the next 12 months, suggesting strong demand for the company's motion and fluid handling equipment across critical industries.

ITT (NYSE:ITT) announces earnings results. August 6, 2026 Key points. * ITT beat quarterly expectations: Adjusted EPS rose 18% year over year to $2.08, topping the $1.92 consensus, while revenue increased 51.5% to $1.47 billion. * Management raised its 2026 outlook: Adjusted EPS guidance is now $8.12-$8.32, with organic revenue growth projected at 5%-8% and free cash flow expected to reach $565 million. * Demand and integration trends remained strong: Orders grew 53% overall and 13% organically, led by aerospace and defense, while SPX FLOW integration synergies progressed ahead of plan; however, margin dilution and tougher comparisons may weigh on near-term growth. * Interested in ITT? Here are five stocks we like better. ITT (NYSE:ITT - Get Free Report) announced its quarterly earnings results on Thursday. The conglomerate reported $2.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.92 by $0.16, FiscalAI reports. ITT had a return on equity of 16.83% and a net margin of 10.80%.The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same period in the previous year, the company posted $1.64 earnings per share. ITT's revenue for the quarter was up 51.5% on a year-over-year basis. ITT updated its FY 2026 guidance to 8.120-8.320 EPS. Here are the key takeaways from ITT's conference call: * Record Q2 performance: Revenue rose 51% year over year, or 13% organically, while adjusted EPS increased 18% to $2.08. Orders grew 53% overall and 13% organically, with a 1.1 book-to-bill ratio. * Strong aerospace and defense momentum: CCT orders increased 59% organically, led by KSARIA's 168% order growth and record July bookings. Management cited market-share gains, long-term defense-program visibility and no current KSARIA capacity constraints. * 2026 outlook raised: ITT increased its full-year organic revenue growth guidance to 5%-8%, adjusted EPS guidance to a midpoint of $8.22, and free cash flow guidance to $565 million. The company expects adjusted operating margin of approximately 20.5% at the midpoint. * SPX FLOW integration is progressing: SPX FLOW orders grew 9% in Q2, year-to-date revenue rose 9%, and cost synergies are ahead of plan. ITT also reduced debt by $124 million in Q2, bringing leverage to 2.5 times, ahead of schedule. * Some near-term pressure remains: Flow Technologies' margin was diluted by the full-quarter SPX FLOW contribution, although management expects sequential improvement from synergies and productivity actions. Deferred Middle East orders and tougher second-half comparisons are also expected to moderate growth in coming quarters. ITT price performance. NYSE ITT traded up $9.75 on Thursday, hitting $213.83. The company had a trading volume of 2,630,037 shares, compared to its average volume of 983,331. The company has a market capitalization of $19.12 billion, a PE ratio of 37.71, a PEG ratio of 1.92 and a beta of 1.27. The company's fifty day moving average price is $193.78 and its 200-day moving average price is $196.90. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.53 and a quick ratio of 1.01. ITT has a 12-month low of $164.00 and a 12-month high of $230.32. Wall Street analysts forecast growth. ITT has been the subject of several analyst reports. KeyCorp boosted their target price on shares of ITT from $230.00 to $250.00 and gave the company an "overweight" rating in a research note on Thursday, May 7th. Stifel Nicolaus raised their price target on shares of ITT from $246.00 to $250.00 and gave the company a "buy" rating in a research report on Monday, July 20th. Robert W. Baird set a $246.00 price objective on shares of ITT in a research report on Thursday, May 7th. Barclays raised their target price on ITT from $210.00 to $230.00 and gave the company an "equal weight" rating in a research report on Thursday, May 7th. Finally, Wall Street Zen lowered ITT from a "buy" rating to a "hold" rating in a research note on Saturday, May 9th. Eleven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $234.75. Discover more investment Insider transactions at ITT. In other ITT news, insider Lori B. Marino sold 7,123 shares of the stock in a transaction on Friday, May 8th. The shares were sold at an average price of $208.27, for a total transaction of $1,483,507.21. Following the transaction, the insider directly owned 8,729 shares of the company's stock, valued at $1,817,988.83. This trade represents a 44.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.88% of the stock is currently owned by insiders. Institutional inflows and outflows. Several hedge funds have recently modified their holdings of ITT. Amundi grew its holdings in shares of ITT by 22,565.6% during the first quarter. Amundi now owns 7,253 shares of the conglomerate's stock worth $867,000 after buying an additional 7,221 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in ITT by 7.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 418,238 shares of the conglomerate's stock worth $54,020,000 after purchasing an additional 28,937 shares in the last quarter. Empowered Funds LLC acquired a new position in shares of ITT during the 1st quarter worth approximately $360,000. Focus Partners Wealth grew its position in shares of ITT by 80.7% in the first quarter. Focus Partners Wealth now owns 7,871 shares of the conglomerate's stock valued at $1,017,000 after purchasing an additional 3,515 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in shares of ITT in the second quarter valued at approximately $1,880,000. Institutional investors and hedge funds own 91.59% of the company's stock. ITT news roundup. Here are the key news stories impacting ITT this week: * Positive Sentiment: Q2 earnings beat estimates. Adjusted EPS rose 18% year over year to $2.08, exceeding analysts' expectations of approximately $1.92-$1.93. Revenue increased 51.5% to $1.47 billion, ahead of the $1.39 billion consensus estimate. ITT Reports Second-Quarter Earnings * Positive Sentiment: Full-year guidance was raised. ITT now expects 2026 adjusted EPS of $8.12-$8.32, or $8.22 at the midpoint, versus its prior range of $7.70-$8.00 and analyst consensus near $7.92. The company also increased its organic revenue growth outlook to 5%-8% from 4%-6%. ITT Raises 2026 Guidance * Positive Sentiment: Demand and profitability trends were strong. Total orders grew 53%, including 13% organic growth, supported by aerospace and defense, commercial aerospace, rail and industrial pump demand. Adjusted operating margin reached 20%, while management said SPX FLOW integration and cost synergies are progressing ahead of plan. * Positive Sentiment: Deleveraging and cash expectations improved. ITT said debt repayment is lowering leverage faster than previously targeted and raised its full-year outlook for revenue, margins, earnings and cash. The company also declared a quarterly dividend of $0.386 per share, payable October 5. * Neutral Sentiment: GAAP results were mixed. Reported EPS was $0.95, down from $1.54 a year earlier, but this was more than offset in investor sentiment by the adjusted EPS beat and acquisition-related growth. * Negative Sentiment: Insider selling remains a cautionary signal. QuiverQuant data shows CEO Luca Savi sold approximately 63,450 shares across six transactions during the past six months, with no reported open-market purchases. This does not negate the earnings strength but may temper enthusiasm at an elevated valuation. About ITT. ITT Inc is a diversified industrial manufacturing company that designs, manufactures and services mission-critical components and systems for global markets. Its engineered solutions support applications in aerospace, defense, transportation, energy and industrial automation. The company focuses on delivering high-performance products that enable reliable fluid handling, precision motion control and robust connectivity in demanding environments. The company's operations are organized into three segments: Motion Technologies, which provides precision components and aftermarket repair services for aircraft engines and industrial turbines; Connect & Control Technologies, which offers specialty valves, couplings, seals and proximity sensors for fuel, hydraulics and environmental control systems; and Fluid & Motion Control, which delivers pumps, heat exchangers and fluid management solutions for oil and gas, chemical processing and power generation. Further reading. 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]. Continue following MarketBeat Before you consider ITT, you'll want to hear this. 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