ITT ITT
ITT, Inc. engages in the manufacture and sale of engineered components and customized technology solutions in the field of energy, transportation, and industrial markets. It operates through the following segments: Motion Technologies, Industrial Process, and Connect and Control Technologies. The Motion Technologies segment manufactures brake components and specialized sealing solutions, shock absorbers and damping technologies primarily for the global automotive, truck and trailer, public bus and rail transportation. The Industrial Process segment includes engineered fluid process equipment in areas such as chemical, oil and gas, mining, and other industrial process markets as well as providing of plant optimization and efficiency solutions and aftermarket services and parts. The Connect and Control Technologies segment offers harsh-environment connector solutions and critical energy absorption and flow control components for the aerospace and defense, general industrial, medical, and oil and gas markets. The company was founded in 1920 and is headquartered in White Plains, NY.
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
IRS number
135158950
ITT stock data
()
News
Wall Street Crime And Punishment: Cort Randell And The National Student Marketing Corp. Fraud
28 May 21
Benzinga's Top Ratings Upgrades, Downgrades For May 13, 2021
13 May 21
Gordon Haskett Downgrades ITT to Hold, Announces $101 Price Target
13 May 21
Benzinga's Top Ratings Upgrades, Downgrades For May 11, 2021
11 May 21
UBS Downgrades ITT to Neutral, Raises Price Target to $107
11 May 21
Press releases
ITT Announces Quarterly Dividend of $0.22 Per Share
4 Jun 21
ITT to Present at UBS Global Industrials and Transportation Virtual Conference on June 8th
2 Jun 21
ITT to Present at KeyBanc Capital Markets Industrials & Basic Materials Virtual Conference 2021 on June 1st
25 May 21
ITT to Present at Bank of America Securities 2021 Virtual Transportation, Airlines and Industrials Conference on May 20th
13 May 21
ITT, Inc. to Host Earnings Call
7 May 21
Calendar
7 May 21
14 Jun 21
31 Dec 21
Financial summary
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Financial data from ITT earnings reports.
| Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 781M | 781M | 781M | 781M | 781M | 781M |
| Cash burn (monthly) | 26.53M | 4.98M | (positive/no burn) | (positive/no burn) | (positive/no burn) | (positive/no burn) |
| Cash used (since last report) | 65.52M | 12.28M | n/a | n/a | n/a | n/a |
| Cash remaining | 715.48M | 768.72M | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 27.0 | 154.5 | n/a | n/a | n/a | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 24 May 21 | Emmanuel Caprais | Common Stock | Payment of exercise | Dispose F | No | No | 92.69 | 98 | 9.08K | 14,052 |
| 19 May 21 | Darnis Geraud | Common Stock | Grant | Aquire A | No | No | 0 | 1,359 | 0 | 24,475 |
| 19 May 21 | Powers Timothy H | Common Stock | Grant | Aquire A | No | No | 0 | 1,359 | 0 | 15,392 |
| 19 May 21 | Fanandakis Nicholas C | Common Stock | Grant | Aquire A | No | No | 0 | 1,359 | 0 | 11,829 |
| 19 May 21 | Shavers Cheryl L | Common Stock | Grant | Aquire A | No | No | 0 | 1,359 | 0 | 6,811 |
Institutional ownership Q1 2021
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
13F holders |
Current |
|---|---|
| Total holders | 0 |
| Opened positions | 0 |
| Closed positions | 0 |
| Increased positions | 0 |
| Reduced positions | 0 |
13F shares |
Current |
|---|---|
| Total value | 0 |
| Total shares | 0 |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|
Financial report summary
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H.S. freshman Avg
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New words:
amid, ARPA, Biden, biopharma, brought, copper, cut, exceeded, explained, formalized, hedge, innovate, innovating, interbank, ITTer, led, London, network, obtain, OE, opportunity, political, President, priority, prospectively, proud, put, Ready, real, Rescue, risen, saving, Scope, semiconductor, shortage, showing, speed, steel, succeed, tin, Topic, trillion, understand, unrest, vaccination, vaccine, variant, win
Removed:
absenteeism, achieve, acquired, adjust, adversely, Aid, aircraft, amended, amortized, announced, annualized, Arabia, assume, aware, bankruptcy, Boeing, book, Brazil, cancellation, China, choose, civil, close, closure, collectability, collected, Collecting, combination, compensable, confront, conservative, corrosive, creation, cumulative, cyclical, declaration, deducted, deductible, delay, delayed, delinquency, demonstrate, depend, derecognition, designer, destocking, deterioration, determine, difficulty, directly, distributor, DOJ, effort, engine, enhance, erode, European, execution, expensive, extend, final, finance, fluctuating, forecast, foregoing, foreseeable, forma, functional, harsh, historically, illustrate, implementation, implemented, imposed, inability, increasing, independent, individual, influenced, instrument, integrate, joined, July, June, labor, length, lifetime, linked, macroeconomic, magnitude, maintained, mandated, Matrix, MAX, measure, missed, negatively, North, occurrence, OPEC, oversupply, partial, planned, planning, postpone, postponement, precision, preventative, pricing, primary, privately, Pro, procure, promote, Pumpen, ramp, realignment, receivable, recently, refundable, relate, release, Relief, reorganization, represented, resolve, retrospective, review, Russia, Saudi, secure, secured, Security, selling, structural, subsidiary, substantial, succeeding, suited, supportable, surfaced, suspended, suspension, technical, timely, typically, undistributed, unfavorably, updated, utilization, varying, view, voluntarily, voluntary, weaker
Financial reports
10-Q
2021 Q1
Quarterly report
7 May 21
10-K
2020 FY
Annual report
19 Feb 21
10-Q
2020 Q3
Quarterly report
30 Oct 20
10-Q
2020 Q2
Quarterly report
31 Jul 20
10-Q
2020 Q1
Quarterly report
1 May 20
10-K
2019 FY
Annual report
21 Feb 20
10-Q
2019 Q3
Quarterly report
1 Nov 19
10-Q
2019 Q2
Quarterly report
2 Aug 19
10-Q
2019 Q1
Quarterly report
3 May 19
10-K
2018 FY
Annual report
21 Feb 19
Current reports
8-K
Submission of Matters to a Vote of Security Holders
19 May 21
8-K
Results of Operations and Financial Condition
7 May 21
8-K
Departure of Directors or Certain Officers
15 Apr 21
8-K
Results of Operations and Financial Condition
19 Feb 21
8-K
Amendments to Articles of Incorporation or Bylaws
15 Dec 20
8-K
Results of Operations and Financial Condition
30 Oct 20
8-K
Departure of Directors or Certain Officers
11 Sep 20
8-K
Results of Operations and Financial Condition
31 Jul 20
8-K
ITT Announces CFO Transition Plan
30 Jun 20
8-K
Submission of Matters to a Vote of Security Holders
15 May 20
Registration and prospectus
S-3ASR
Automatic shelf registration
17 Sep 18
8-K12B
Notification of registration of securities
15 May 16
S-8 POS
Registration of securities for employees (post-effective amendment)
15 May 16
S-8 POS
Registration of securities for employees (post-effective amendment)
15 May 16
S-8 POS
Registration of securities for employees (post-effective amendment)
15 May 16
S-8 POS
Registration of securities for employees (post-effective amendment)
16 Dec 15
S-8 POS
Registration of securities for employees (post-effective amendment)
16 Dec 15
S-8 POS
Registration of securities for employees (post-effective amendment)
16 Dec 15
S-8 POS
Registration of securities for employees (post-effective amendment)
16 Dec 15
S-8 POS
Registration of securities for employees (post-effective amendment)
16 Dec 15
Proxies
DEFA14A
Additional proxy soliciting materials
15 Apr 21
DEFA14A
Additional proxy soliciting materials
5 Apr 21
DEF 14A
Definitive proxy
5 Apr 21
DEFA14A
Additional proxy soliciting materials
1 May 20
DEFA14A
Additional proxy soliciting materials
1 Apr 20
DEFA14A
Additional proxy soliciting materials
31 Mar 20
DEF 14A
Definitive proxy
31 Mar 20
DEFA14A
Additional proxy soliciting materials
8 Apr 19
DEF 14A
Definitive proxy
8 Apr 19
DEF 14A
Definitive proxy
8 Apr 18
Other
SD
Conflict minerals disclosure
28 May 21
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
7 May 21
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
19 Feb 21
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
30 Oct 20
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
31 Jul 20
SD
Conflict minerals disclosure
29 May 20
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
1 May 20
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
21 Feb 20
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
1 Nov 19
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
2 Aug 19
Ownership
4
ITT / Emmanuel Caprais ownership change
25 May 21
4
ITT / REBECCA ANN MCDONALD ownership change
20 May 21
4
ITT / RICHARD P LAVIN ownership change
20 May 21
4
ITT / DON DEFOSSET ownership change
20 May 21
4
ITT / ORLANDO D ASHFORD ownership change
20 May 21
4
ITT / Sabrina Soussan ownership change
20 May 21
4
ITT / CHERYL L SHAVERS ownership change
20 May 21
4
ITT / NICHOLAS C FANANDAKIS ownership change
20 May 21
4
ITT / GERAUD DARNIS ownership change
20 May 21
4
ITT / TIMOTHY H POWERS ownership change
20 May 21
Patents
APP
Utility
Vehicle Braking Systems and Methods
20 May 21
A method in which at least one piezoceramic sensor, which converts every mechanical force to which it is subjected into an electrical signal and having a Curie temperature higher than 200° C., is solidarized directly onto the surface of a metal support element of a vehicle braking element, which during use faces a vehicle element to be braked.
APP
Utility
Motor Drive Unit
20 May 21
A motor assembly for driving a pump or rotary device features a power plane with a circular geometry to be mounted inside a space envelope having a similar circular geometry formed on an end-plate between an inner hub portion and a peripheral portion that extends circumferentially around the space envelope of the end-plate.
GRANT
Utility
Machine slip and direction sensing using flux gate sensor
11 May 21
Apparatus features a signal processor configured to receive signaling from a flux sensor containing information about a residual field from an electrical supply to a motor of a driven machine and a magnetic field from one or more rotating magnets placed on a rotating component of the driven machine; and determine corresponding signaling containing information about the operation of the driven machine, based upon a difference between an electrical supply frequency and a slip frequency determined from the signaling received and processed.
GRANT
Utility
One-hand operable end fitting connector assembly
13 Apr 21
An end fitting connector assembly includes an end fitting having a first end, a second end and a through opening that extends in a direction that is transverse to an end fitting axis extending through the first and second ends and in which the through opening is defined by a peripheral wall.
GRANT
Utility
Technique to detect motor leakage flux anomalies
13 Apr 21
A signal processor is configured to receive signaling containing information about a sensed sinusoidal waveform of magnetic flux caused by a current flowing in a winding of a motor having a component of distortion caused at least in part by a magnetic flux created by the current flowing, and also about a pure sinusoidal waveform of a sensed fundamental frequency of the magnetic flux; and determine corresponding signaling containing information about anomalies in the motor that depends on a relationship between the sensed sinusoidal waveform and the pure sinusoid waveform, based upon the signaling received.
Transcripts
2021 Q1
Earnings call transcript
7 May 21
2020 Q4
Earnings call transcript
20 Feb 21
2020 Q3
Earnings call transcript
31 Oct 20
2020 Q2
Earnings call transcript
31 Jul 20
2020 Q1
Earnings call transcript
1 May 20
2019 Q4
Earnings call transcript
21 Feb 20
2019 Q3
Earnings call transcript
1 Nov 19
2019 Q2
Earnings call transcript
2 Aug 19
2019 Q1
Earnings call transcript
3 May 19
2018 Q4
Earnings call transcript
22 Feb 19