ITT Inc. (ITT) has been benefiting from strength in the short-cycle business within the energy and industrial markets. Growth in demand for parts, services and valves is aiding the Industrial Process segment. Growth in component and connector sales within the defense and industrial markets is supporting the Connect and Control Technologies segment.Strong demand for the company’s brake components and specialized sealing solutions, shock absorbers and damping technologies in the OEM and rail transportation ma ...

ITT FY Conference Summary Company Overview - **Company**: ITT - **Industry**: Engineering manufacturing, focusing on components for harsh environments across various sectors including automotive, rail, defense, chemical, mining, oil and gas, and energy transition [4][5] Key Financial Highlights - **Q1 Performance**: Generated over $1 billion in orders, with a strong capital deployment strategy including $100 million in share repurchases during Q1 and $500 million year-to-date [5][6] - **Long-term Targets**: - Organic revenue growth of over 5% through 2030 - Total growth target of 10% - Adjusted operating margin of approximately 23% - EBITDA above 25% - EPS target of $11 (organic) or over $12 (total) [8] Growth Strategy - **Organic Growth**: - Targeting 5-7% in Industrial Process (IP), 2-4% in Motion Technologies (MT), and 7-9% in Connect and Control Technologies (CCT) [9] - Emphasis on higher growth and margin businesses, particularly in flow and connectors [11] - **Market Outperformance**: Historically outperformed market growth by 300-400 basis points through execution and innovation [15] - **Margin Expansion**: Aiming for 500 basis points of margin expansion by 2030 through efficiency improvements, automation, and better supply chain management [16][19] Capital Allocation and M&A Strategy - **M&A Focus**: - Targeting high-growth, high-margin businesses with strong management teams - Recent acquisitions include Habony (LNG hydrogen), MicroMode (RF connectors), and Kisaria (aero and defense) [35][36][38] - **Criteria for M&A**: Must have a leading market position and align with ITT's strategic goals [36][37] Innovation and Product Development - **R&D Investment**: Over 4% of revenue allocated to R&D, focusing on continuous improvement and new product development [34] - **New Product Launch**: Introduction of Vida, an embedded motor drive technology aimed at reducing energy waste in industrial pumps, with a projected addressable market of $6 billion [57][61] Segment Performance Insights - **Motion Technologies**: - Friction OE business expected to achieve 400-500 basis points of outgrowth in 2025, with historical outperformance of 700-800 basis points [45][46] - Continuous improvement in productivity and quality is a key focus [51] - **Connect and Control Technologies**: - Recent acquisition of Kisaria expected to drive high single-digit growth and margin progression through synergies with ITT's existing connector business [64][66] Market Outlook - **Book-to-Bill Ratio**: Strong performance in the marine industry with a book-to-bill ratio of 2.0 in Q1, driven by market demand for cleaner energy solutions [54][55] - **Future Growth**: Confidence in double-digit growth for the Svanoy segment, supported by strong order quality and customer loyalty [55] Additional Considerations - **Working Capital Management**: Significant room for improvement in working capital across segments, particularly in IP and CCT, with a focus on inventory management [42][43] - **Intellectual Property Protection**: Strong emphasis on protecting innovations, particularly in new motor technologies, with a competitive edge expected to last several years [71]

Wolfe Research Global Transportation & Industrials Conference May 22, 2025 Safe Harbor and Non-GAAP Disclosures Safe Harbor This presentation contains "forward-looking statements"intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. In addition, the accompanying webcast may include, and officers and representatives of ITT may from time to time make and discuss, projections, goals, assumptions, and statements that may constitute "forward-l ...

2025 Capital Markets Day Safe Harbor and Non-GAAP Disclosures Safe Harbor This presentation contains "forward-looking statements"intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. In addition, the accompanying webcast may include, and officers and representatives of ITT may from time to time make and discuss, projections, goals, assumptions, and statements that may constitute "forward-looking statements". These forward-looking statemen ...

ITT (ITT) 2025 Investor Day May 15, 2025 01:00 PM ET Speaker0 Alright. How's the sound? Okay, guys? Gotta get off to a good start. All right. First of all, thank you for joining us for our Capital Markets Day. Thank you also for not inadvertently going to 85 Broad. Apologize for all that. A couple weeks ago we learned the building was going bankrupt. We quickly, in three weeks time, shifted the whole production here and to thank us we were treated to loud construction noise all morning. So nevertheless, we ...

ITT Inc.’s (ITT) first-quarter 2025 adjusted earnings of $1.45 per share surpassed the Zacks Consensus Estimate of $1.44. The bottom line jumped 2.1% year over year, aided by an increase in sales across the Connect & Control Technologies segment.Total revenues of $913 million matched the consensus estimate. The top line increased 0.3% year over year. Organic sales were flat year over year, driven by growth in parts, service and valves in the Industrial Process segment, connectors in the Connect & Control Te ...

For the quarter ended March 2025, ITT (ITT) reported revenue of $913 million, up 0.3% over the same period last year. EPS came in at $1.45, compared to $1.42 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $913 million, representing no surprise. The company delivered an EPS surprise of +0.69%, with the consensus EPS estimate being $1.44.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Str ...

ITT (ITT) came out with quarterly earnings of $1.45 per share, beating the Zacks Consensus Estimate of $1.44 per share. This compares to earnings of $1.42 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.69%. A quarter ago, it was expected that this supplier of parts and services to a wide variety of industries would post earnings of $1.47 per share when it actually produced earnings of $1.50, delivering a surprise of 2.04%.O ...

ITT (ITT) Q1 2025 Earnings Call May 01, 2025 08:30 AM ET Speaker0 Welcome to ITT's twenty twenty five First Quarter Conference Call. Today is Thursday, 05/01/2025. Today's call is being recorded and will be available for replay beginning at 12PM Eastern. At this time, all participants have been placed in a listen only mode and the floor will be open for your questions following the presentation. It is now my pleasure to turn the call over to Mark McAluso, vice president, investor relations and global commun ...

ITT (ITT) Q1 2025 Earnings Call May 01, 2025 08:30 AM ET Company Participants Mark Macaluso - Vice President of Investor Relations & Global CommunicationsLuca Savi - President, CEOEmmanuel Caprais - Senior VP & CFOScott Davis - CEO & ChairmanJeffrey Hammond - Managing DirectorBrad Hewitt - VP - Equity ResearchDamian Karas - Executive Director Conference Call Participants Mike Halloran - AnalystVladimir Bystricky - VP & Equity Research AnalystJoseph Ritchie - AnalystSabrina Abrams - AnalystMichael Anastasiou ...