ITT Benefits From Strength Across Segments Despite High Costs

ITT Inc. (ITT) is poised to gain from strength across its segments. Strength across all short-cycle product categories, driven by growth in pump projects and Habonim valves business, is aiding the Industrial Process (IP) segment. Solid momentum in the general industrial end market bodes well for the segment’s aftermarket business. Growth in component and connector sales within the aerospace and defense markets is driving the Connect and Control Technologies (CCT) segment. Also, the acquisitions of kSARIA an ...