ITT
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]
12% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 59
0% more funds holding
Funds holding: 500 [Q2] → 502 (+2) [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
5 analyst ratings
Keybanc Jeffrey Hammond 50% 1-year accuracy 19 / 38 met price target | 10%upside $170 | Overweight Maintained | 21 Jan 2025 |
Citigroup Vladimir Bystricky 40% 1-year accuracy 4 / 10 met price target | 18%upside $181 | Buy Maintained | 13 Jan 2025 |
Stifel Nathan Jones 65% 1-year accuracy 44 / 68 met price target | 17%upside $180 | Buy Maintained | 11 Dec 2024 |
TD Cowen Joseph Giordano 68% 1-year accuracy 17 / 25 met price target | 7%upside $165 | Buy Maintained | 31 Oct 2024 |
Baird Michael Halloran 52% 1-year accuracy 15 / 29 met price target | 6%upside $163 | Outperform Maintained | 30 Oct 2024 |
Financial journalist opinion
Based on 5 articles about ITT published over the past 30 days
