|
|
|
|
|
09.03.26 - 16:36
|
Verizon and ITT Are on Analysts’ Radar as Upgrades Suggest More Gains Ahead (24/7 Wall St.)
|
|
|
Wall Street is turning more constructive on infrastructure-linked names, and two fresh analyst calls this week make the case concrete. Scotiabank upgraded Verizon to Outperform with a raised price target, while Barclays initiated ITT with a cautiously positive view, both moves reflecting confidence in sustained infrastructure and network spending. Verizon: Scotiabank Sees Cheap Shares With ... Verizon and ITT Are on Analysts' Radar as Upgrades Suggest More Gains Ahead
The post Verizon and ITT Are on Analysts' Radar as Upgrades Suggest More Gains Ahead appeared first on 24/7 Wall St.....
|
|
|
|
|
02.03.26 - 14:33
|
ITT Completes Acquisition of SPX FLOW (Business Wire)
|
|
|
STAMFORD, Conn.--(BUSINESS WIRE)--March 2, 2026-- ITT Inc. (NYSE: ITT) today announced the closing of its acquisition of SPX FLOW, Inc. (“SPX FLOW”), a leading provider of highly engineered equipment and process technologies serving industrial, chemical, energy, nutrition and health and personal care markets. In December 2025, ITT announced it had entered into a definitive agreement to purchase SPX FLOW for a total consideration of $4.775 billion, funded through a combination of cash and equity.
SPX FLOW is a global leader in highly engineered process technologies that enable critical production operations, providing advanced solutions for mixing, blending, fluid handling, separation and thermal transfer. Its portfolio includes premier brands and equipment designed to improve process efficiency, product quality and operational performance for customers worldwide. SPX FLOW's employees bring deep engineering expertise and customer intimacy that support long‑standing blue‑chip relationships and driv...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05.02.26 - 12:33
|
ITT Reports Fourth Quarter Earnings Per Share (EPS) of $1.64, Adjusted EPS of $1.85; Reports Full Year EPS of $6.11, Adjusted EPS of $6.72 (Business Wire)
|
|
|
2025 Highlights:
10% full year orders growth (5% organic) driven by pump projects, CCT aerospace and defense connectors, and contributions from the kSARIA acquisition
8% full year revenue growth (5% organic) from converting large pump projects and defense backlog
13% Q4 revenue growth (9% organic) due to outperformance in pump projects, transportation, and defense
6% Q4 EPS growth (23% adjusted) driven by operational performance and cost controls
Operating cash flow of $669 million for the year, up $106 million, with 17% operating cash flow margin; free cash flow of $555 million, up $117 million, with 14% free cash flow margin
STAMFORD, Conn.--(BUSINESS WIRE)--February 5, 2026-- ITT Inc. (NYSE: ITT) today reported financial results for the fourth quarter and full year ended December 31, 2025. For the fourth quarter, the company reported a year-over-year revenue growth of 13%, up 9% on an organic basis, primarily driven by higher volume, pricing actions and contributions from the Svanehøj and kSARIA acqui...
|
|
|
|
|
|
|
|
|
|
|
13.01.26 - 12:36
|
ITT to Release 2025 Fourth Quarter and Full Year Results and 2026 Outlook on Thursday, Feb. 5 (Business Wire)
|
|
|
STAMFORD, Conn.--(BUSINESS WIRE)--January 13, 2026-- ITT Inc. (NYSE: ITT) will release its fourth quarter and full year 2025 financial results and its 2026 outlook before the opening of the New York Stock Exchange on Thursday, Feb. 5, 2026. The company will hold a conference call at 8:30 a.m. ET on Feb. 5 to discuss its 2025 results and 2026 outlook.
To participate on the conference call, click here to register. After completing the online registration form, participants will receive the dial-in number and a unique PIN. Participants should join the call ten minutes before 8:30 a.m. ET on Thursday, Feb. 5.
A real-time audio webcast of the presentation will also be available at https://investors.itt.com, where related materials will be available prior to the presentation. A replay of the webcast will be available beginning two hours after the call.
About ITT
ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the transportation, industri...
|
|
|
|
|
|