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)
S-8
Registration of securities for employees
23 May 23
8-K
Entry into a Material Definitive Agreement
12 May 23
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
4 May 23
10-Q
2023 Q1
Quarterly report
4 May 23
8-K
Results of Operations and Financial Condition
4 May 23
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
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) | Apr 23 | Dec 22 | Oct 22 | Jul 22 | |
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| 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) | 462.80 mm | 462.80 mm | 462.80 mm | 462.80 mm | 462.80 mm | 462.80 mm |
| Cash burn (monthly) | 33.03 mm | 20.70 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 64.46 mm | 40.40 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 398.34 mm | 422.40 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 12.1 | 20.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2023
89.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 407 |
| Opened positions | 66 |
| Closed positions | 43 |
| Increased positions | 147 |
| Reduced positions | 116 |
| 13F shares | Current |
|---|---|
| Total value | 6.38 tn |
| Total shares | 74.07 mm |
| Total puts | 153.67 k |
| Total calls | 268.50 k |
| Total put/call ratio | 0.6 |
| Largest owners | Shares | Value |
|---|---|---|
| Capital International Investors | 9.32 mm | $804.09 bn |
| Vanguard | 8.52 mm | $734.90 bn |
| FMR | 7.24 mm | $624.56 bn |
| BLK Blackrock | 7.16 mm | $617.57 bn |
| JPM JPMorgan Chase & Co. | 5.81 mm | $501.08 bn |
| STT State Street | 2.29 mm | $198.43 bn |
| Select Equity | 2.05 mm | $177.23 bn |
| MCQEF Macquarie | 1.71 mm | $147.88 bn |
| Alliancebernstein | 1.70 mm | $147.03 bn |
| Massachusetts Financial Services | 1.69 mm | $145.89 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 10 May 23 | Defosset Don | Common Stock | Grant | Acquire A | No | No | 0 | 1,704 | 0.00 | 30,690 |
| 10 May 23 | Fanandakis Nicholas C | Common Stock | Grant | Acquire A | No | No | 0 | 1,704 | 0.00 | 15,647 |
| 10 May 23 | Lavin Richard P | Common Stock | Grant | Acquire A | No | No | 0 | 1,704 | 0.00 | 26,490.57 |
| 10 May 23 | Mcdonald Rebecca Ann | Common Stock | Grant | Acquire A | No | No | 0 | 1,704 | 0.00 | 21,960.133 |
| 10 May 23 | Powers Timothy H | Common Stock | Grant | Acquire A | No | No | 0 | 2,464 | 0.00 | 25,855 |
News
Press releases
ITT Announces Participation at UBS Global Industrials and Transportation Conference 2023 on June 7
24 May 23
ITT Announces Quarterly Dividend of $0.290 Per Share
10 May 23
ITT Reports 2023 First Quarter Earnings Per Share (EPS) of $1.20, Adjusted EPS Of $1.17
4 May 23
ITT Acquires Micro-Mode Products, Leading Provider of Highly Engineered Connectors for Harsh Environment Defense and Space Applications
3 May 23
ITT Announces Participation in Upcoming Investor Conferences
25 Apr 23