ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the transportation, industrial, and oil and gas markets. Building on its heritage of innovation, ITT partners with its customers to deliver enduring solutions to the key industries that underpin its modern way of life. ITT is headquartered in White Plains, N.Y., with employees in more than 35 countries and sales in approximately 125 countries.
Company profile
Ticker
ITT
Exchange
Website
CEO
Luca Savi
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
ITT CORP, ITT Corp, ITT INDUSTRIES INC
SEC CIK
Corporate docs
Subsidiaries
AcousticFab, LLC • Axtone Bahntechink GmbH • Axtone GmbH • Axtone S.A. • Axtone s.r.o. • Bolton Insurance Co. • Bolton International • Bombas Goulds de Mexico • Bombas Goulds S.A. • Bornemann Inc. ...
IRS number
135158950
ITT stock data
Analyst ratings and price targets
Latest filings (excl ownership)
ARS
2022 FY
Annual report to shareholders
28 Mar 23
DEFA14A
Additional proxy soliciting materials
28 Mar 23
DEF 14A
Definitive proxy
28 Mar 23
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
15 Feb 23
10-K
2022 FY
Annual report
15 Feb 23
8-K
Results of Operations and Financial Condition
9 Feb 23
8-K
Departure of Directors or Certain Officers
12 Dec 22
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
3 Nov 22
10-Q
2022 Q3
Quarterly report
3 Nov 22
8-K
Results of Operations and Financial Condition
3 Nov 22
Transcripts
ITT
Earnings call transcript
2022 Q4
9 Feb 23
ITT
Earnings call transcript
2022 Q3
3 Nov 22
ITT
Earnings call transcript
2022 Q2
7 Aug 22
ITT
Earnings call transcript
2022 Q1
3 May 22
ITT
Earnings call transcript
2021 Q4
10 Feb 22
ITT
Earnings call transcript
2021 Q3
6 Nov 21
ITT
Earnings call transcript
2021 Q2
6 Aug 21
ITT
Earnings call transcript
2021 Q1
7 May 21
ITT
Earnings call transcript
2020 Q4
20 Feb 21
ITT
Earnings call transcript
2020 Q3
31 Oct 20
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Oct 22 | Jul 22 | Apr 22 | |
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| Revenue | |||||
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| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 561.90 mm | 561.90 mm | 561.90 mm | 561.90 mm | 561.90 mm | 561.90 mm |
| Cash burn (monthly) | (no burn) | 7.20 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 21.74 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 540.16 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 75.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
92.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 382 |
| Opened positions | 74 |
| Closed positions | 57 |
| Increased positions | 121 |
| Reduced positions | 116 |
| 13F shares | Current |
|---|---|
| Total value | 6.10 tn |
| Total shares | 76.12 mm |
| Total puts | 32.17 k |
| Total calls | 34.50 k |
| Total put/call ratio | 0.9 |
| Largest owners | Shares | Value |
|---|---|---|
| Capital International Investors | 9.72 mm | $788.18 bn |
| Vanguard | 7.91 mm | $641.30 bn |
| FMR | 7.51 mm | $608.81 bn |
| BLK Blackrock | 7.09 mm | $574.80 bn |
| JPM JPMorgan Chase & Co. | 6.10 mm | $495.44 bn |
| STT State Street | 2.26 mm | $183.42 bn |
| Alliancebernstein | 2.16 mm | $175.05 bn |
| MCQEF Macquarie | 1.71 mm | $139.04 bn |
| Massachusetts Financial Services | 1.66 mm | $134.81 bn |
| AMP Ameriprise Financial | 1.49 mm | $120.84 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 16 Mar 23 | Emmanuel Caprais | Common Stock | Payment of exercise | Dispose F | No | No | 80.55 | 144 | 11.60 k | 21,986 |
| 10 Mar 23 | Ryan F. Flynn | Common Stock | Sell | Dispose S | No | No | 87.2182 | 2,197 | 191.62 k | 16,547 |
| 4 Mar 23 | Maurine C. Lembesis | Common Stock | Payment of exercise | Dispose F | No | No | 93.1 | 945 | 87.98 k | 21,146 |
| 4 Mar 23 | Maurine C. Lembesis | Common Stock | Payment of exercise | Dispose F | No | No | 93.1 | 793 | 73.83 k | 22,091 |
| 4 Mar 23 | Maurine C. Lembesis | Common Stock | Grant | Acquire A | No | No | 0 | 2,070 | 0.00 | 22,884 |
| 4 Mar 23 | Carlo Ghirardo | Common Stock | Payment of exercise | Dispose F | No | No | 93.1 | 1,358 | 126.43 k | 17,994 |
| 4 Mar 23 | Carlo Ghirardo | Common Stock | Payment of exercise | Dispose F | No | No | 93.1 | 1,074 | 99.99 k | 19,352 |
| 4 Mar 23 | Carlo Ghirardo | Common Stock | Grant | Acquire A | No | No | 0 | 2,277 | 0.00 | 20,426 |
| 4 Mar 23 | Mary Elizabeth Gustafsson | Common Stock | Payment of exercise | Dispose F | No | No | 93.1 | 2,058 | 191.60 k | 57,213 |
| 4 Mar 23 | Mary Elizabeth Gustafsson | Common Stock | Payment of exercise | Dispose F | No | No | 93.1 | 1,658 | 154.36 k | 59,271 |
News
ITT And Continental AG Sign 10-Year Strategic Aftermarket Agreement; Expected To Generate More Than $1B In Revenue Over The Term
20 Mar 23
DA Davidson Maintains Buy on ITT, Raises Price Target to $105
13 Feb 23
Citigroup Maintains Buy on ITT, Raises Price Target to $101
13 Feb 23
Baird Maintains Outperform Rating for ITT: Here's What You Need To Know
10 Feb 23
Baird Maintains Outperform on ITT, Raises Price Target to $100
10 Feb 23
Press releases
ITT And Continental AG Sign 10-Year Strategic Aftermarket Agreement
20 Mar 23
ITT Announces Participation at Bank of America Global Industrials Conference 2023 on March 21
2 Mar 23
Gabelli Funds to Host 33rd Annual Pump, Valve, & Water Systems Symposium February 23rd, 2023
21 Feb 23
ITT Reports 2022 Fourth Quarter Earnings Per Share (EPS) of $1.39, Adjusted EPS of $1.29
9 Feb 23
ITT Announces Participation in Investor Conferences on February 23
2 Feb 23