itt is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the energy, transportation and industrial markets. founded in 1920, itt is headquartered in white plains, n.y., with employees in more than 35 countries and sales in a total of approximately 125 countries. the company generated 2012 revenues of $2.5 billion. our product and service offerings are organized in four businesses that generally operate in markets where specialized engineered solutions are required to support customer needs. • industrial process manufactures engineered fluid process equipment serving customers in the oil and gas, mining, power generation, chemical and other process markets. it also is an after market service provider. • motion technologies manufactures brake pads, shock absorbers and damping technologies for global transportation markets. • interconnect solutions manufactures a wide variety of connector products for the oil and
Company profile
Ticker
ITT
Exchange
Website
CEO
Luca Savi
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ITT CORP, ITT Corp, ITT INDUSTRIES INC
SEC CIK
Corporate docs
Subsidiaries
AcousticFab, LLC • Axtone Bahntechink GmbH • Axtone GmbH • Axtone S.A. • Axtone s.r.o. • Bolton Insurance Co. • Bolton International • Bombas Goulds de Mexico • Bombas Goulds S.A. • Bornemann Inc. ...
IRS number
135158950
ITT stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
2 Apr 24
DEFA14A
Additional proxy soliciting materials
2 Apr 24
DEF 14A
Definitive proxy
2 Apr 24
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
12 Feb 24
10-K
2023 FY
Annual report
12 Feb 24
8-K
Results of Operations and Financial Condition
8 Feb 24
UPLOAD
Letter from SEC
31 Jan 24
CORRESP
Correspondence with SEC
29 Jan 24
8-K
Departure of Directors or Certain Officers
22 Jan 24
UPLOAD
Letter from SEC
22 Jan 24
Transcripts
ITT
Earnings call transcript
2023 Q3
2 Nov 23
ITT
Earnings call transcript
2023 Q2
3 Aug 23
ITT
Earnings call transcript
2023 Q1
4 May 23
ITT
Earnings call transcript
2023 Q1
4 May 23
ITT
Earnings call transcript
2022 Q4
9 Feb 23
ITT
Earnings call transcript
2022 Q3
3 Nov 22
ITT
Earnings call transcript
2022 Q2
7 Aug 22
ITT
Earnings call transcript
2022 Q1
3 May 22
ITT
Earnings call transcript
2021 Q4
10 Feb 22
ITT
Earnings call transcript
2021 Q3
6 Nov 21
Latest ownership filings
144
Notice of proposed sale of securities
7 Mar 24
4
Emmanuel Caprais
6 Mar 24
4
Michael Guhde
6 Mar 24
4
Fernando Roland
6 Mar 24
4
Bartlomiej Makowiecki
6 Mar 24
4
Luca Savi
6 Mar 24
4
Lori B. Marino
6 Mar 24
4
Maurine C. Lembesis
6 Mar 24
4
Davide Barbon
6 Mar 24
4
Mesa Graziano Cheryl de
6 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jul 23 | Apr 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 431.70 mm | 431.70 mm | 431.70 mm | 431.70 mm | 431.70 mm | 431.70 mm |
Cash burn (monthly) | 10.43 mm | 6.97 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 72.01 mm | 48.08 mm | n/a | n/a | n/a | n/a |
Cash remaining | 359.69 mm | 383.62 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 34.5 | 55.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
91.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 414 |
Opened positions | 55 |
Closed positions | 42 |
Increased positions | 124 |
Reduced positions | 145 |
13F shares | Current |
---|---|
Total value | 7.33 tn |
Total shares | 74.99 mm |
Total puts | 310.40 k |
Total calls | 149.70 k |
Total put/call ratio | 2.1 |
Largest owners | Shares | Value |
---|---|---|
Capital International Investors | 9.39 mm | $919.11 bn |
Vanguard | 8.40 mm | $822.31 bn |
FMR | 7.58 mm | $742.32 bn |
BLK Blackrock | 7.05 mm | $689.96 bn |
JPM JPMorgan Chase & Co. | 5.54 mm | $541.95 bn |
Select Equity | 2.60 mm | $254.97 bn |
STT State Street | 2.29 mm | $225.27 bn |
Massachusetts Financial Services | 1.73 mm | $169.58 bn |
MCQEF Macquarie | 1.58 mm | $154.24 bn |
Alliancebernstein | 1.40 mm | $136.69 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
4 Mar 24 | Michael Guhde | Common Stock | Grant | Acquire A | No | No | 0 | 1,410 | 0.00 | 4,595 |
4 Mar 24 | Fernando Roland | Common Stock | Grant | Acquire A | No | No | 0 | 1,750 | 0.00 | 6,640 |
4 Mar 24 | Marino Lori B. | Common Stock | Grant | Acquire A | No | No | 0 | 2,500 | 0.00 | 8,940 |
26 Feb 24 | Michael Guhde | Common Stock | Grant | Acquire A | No | No | 125.7 | 3,185 | 400.35 k | 3,185 |
News
Beyond The Numbers: 4 Analysts Discuss ITT Stock
17 Apr 24
Stifel Maintains Buy on ITT, Raises Price Target to $150
17 Apr 24
Keybanc Maintains Overweight on ITT, Raises Price Target to $150
11 Apr 24
Citigroup Maintains Buy on ITT, Raises Price Target to $157
8 Apr 24
Peering Into ITT's Recent Short Interest
8 Apr 24
Press releases
ITT Announces Participation in Oppenheimer's 19th Annual Industrial Growth Conference
16 Apr 24
ITT to Release First Quarter 2024 Results on Thursday, May 2
11 Apr 24
ITT Nominates Christopher O'Shea for Election to Board of Directors
2 Apr 24
ITT Announces ~$11 Million Investment for Expanded Pump Testing Capabilities in Germany, India and Saudi Arabia to Support Growth and Large Project Awards
21 Mar 24
ITT Announces Participation at Bank of America Global Industrials Conference 2024 on March 19
6 Mar 24