ITT Inc. is a diversified manufacturing company that specializes in providing advanced solutions in fluid and motion control, sensor technologies, and industrial products. The company operates through various segments that serve a wide range of sectors, including aerospace, transportation, energy, and general industrial markets. ITT focuses on leveraging innovative engineering and technology to deliver high-performance products and services that enhance operational efficiency and safety for its customers globally. With a commitment to sustainability and operational excellence, ITT aims to create value through its diverse offerings while prioritizing safety and environmental responsibility.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at gas and liquid handling stocks, starting with IDEX (NYSE:IEX).
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how gas and liquid handling stocks fared in Q3, starting with Gorman-Rupp (NYSE:GRC).
Filtration equipment manufacturer Donaldson (NYSE:DCI)
will be announcing earnings results tomorrow before market open. Here’s what investors should know.
November 27, 2024-- ITT Inc. (NYSE: ITT) today announced that Moody’s Ratings (Moody’s) upgraded the company’s rating to Baa1 from Baa2. Moody’s also affirmed a Prime-2 short term commercial paper rating for ITT.
November 18, 2024-- ITT Inc. (NYSE: ITT) today announced its participation at the UBS Global Industrials & Transportation Conference 2024 on Dec. 4 in Palm Beach, Florida.
November 12, 2024-- ITT Inc. (NYSE: ITT) today released its 2024 Sustainability Report, which details the company’s progress towards the sustainability targets it established in November 2022. The report also details the company’s leading position as a provider of critical green solutions in the transportation, energy and process flow markets, as well as the increased investments in clean energy across its operations globally.
Motion control and electronic systems manufacturer Helios Technologies (NYSE:HLIO)
will be announcing earnings results tomorrow after market hours. Here’s what to look for.
Engineered components manufacturer for critical industries ITT Inc. (NYSE: ITT) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 7.7% year on year to $885.2 million. Its non-GAAP profit of $1.46 per share was 1.8% above analysts’ consensus estimates.
Oct. 29, 2024-- ITT Inc. (NYSE: ITT) today reported financial results for the third quarter ended September 28, 2024. Revenue increased 8% versus prior year (6% organic) primarily driven by Friction and rail share gains in Motion Technologies (MT), short cycle demand in Industrial Process (IP) and connectors growth in Connect & Control Technologies (CCT). The Svanehøj and kSARIA acquisitions contributed 7% to total revenue growth, while the divestiture of Wolverine had a (4%) impact.
Engineered components manufacturer for critical industries ITT Inc. (NYSE: ITT)
will be reporting results tomorrow before the bell. Here’s what investors should know.
October 4, 2024-- ITT Inc. (NYSE: ITT) will release its third quarter 2024 financial results before the opening of the New York Stock Exchange on Tuesday, Oct. 29. The company will hold a conference call at 8:30 a.m. ET on Oct. 29 to discuss its third quarter performance.
Oct. 1, 2024-- ITT Inc. (NYSE: ITT) today announced the election of Maggie Chu to its Board of Directors. Ms. Chu currently serves as Chief Human Resources Officer of Littelfuse, Inc. (NASDAQ: LFUS), a global manufacturer of circuit protection and power control components serving customers across industrial, transportation and electronics end markets with a market capitalization of more than $6 billion. She has been with Littelfuse since 2021 and currently leads the company’s human resources (HR) and corporate communications functions globally. Ms. Chu’s appointment to the ITT board is effective immediately.
September 12, 2024-- ITT Inc. (NYSE: ITT) today announced the completion of its acquisition of kSARIA Parent, Inc. (kSARIA), a leading producer and supplier of mission-critical connectivity solutions for the defense and aerospace end markets. ITT previously announced the acquisition on Aug. 1, 2024. The acquisition will be funded through a combination of a ~$460 million term loan entered into today and cash on hand.
September 4, 2024-- ITT Inc. (NYSE: ITT) today announced its participation at the D.A. Davidson 23rd Annual Diversified Industrials & Services Conference on Sept. 19 in Nashville, Tennessee.
