ITT Inc. Projects Over 5% Annual Organic Revenue Growth

ITT Inc. expects over 5% annual organic revenue growth. The company has three segments: Motion Technologies (MT), Industrial Process (IP), and Connect & Control Technologies (CCT). MT focuses on friction braking for internal combustion, hybrid, and electric vehicles. IP manufactures fluid process equipment for industries such as chemical and energy, while CCT provides connector solutions, energy absorption, flow control components, and composite materials for aerospace, defense, general industrial, medical, and energy markets.

ITT Inc. (NYSE: ITT) has reported strong results for the fourth quarter of 2024, with the company's institutional investors showing increased confidence in its prospects. According to its most recent 13F filing with the Securities and Exchange Commission, Hudson Bay Capital Management LP acquired 83,000 shares of ITT, valued at approximately $11.859 million [1]. This acquisition follows several other institutional investors who have recently increased their stakes in ITT, including Brevan Howard Capital Management LP, Rialto Wealth Management LLC, and Whipplewood Advisors LLC [2].

The company's three main segments—Motion Technologies (MT), Industrial Process (IP), and Connect & Control Technologies (CCT)—continue to drive growth. MT focuses on friction braking for internal combustion, hybrid, and electric vehicles, while IP manufactures fluid process equipment for industries such as chemical and energy. CCT provides connector solutions, energy absorption, flow control components, and composite materials for various markets, including aerospace, defense, general industrial, medical, and energy.

ITT Inc. reported earnings per share (EPS) of $1.45 for the quarter, exceeding analysts' consensus estimates of $1.44 by $0.01. The company's revenue for the quarter was $913.00 million, up 0.3% year-over-year. Analysts expect ITT to post 6.51 EPS for the current fiscal year [1].

ITT's stock has been the subject of several research analyst reports, with many upgrading their ratings and price targets. Stifel Nicolaus, UBS Group, KeyCorp, and StockNews.com have all given the stock a "buy" rating, with average price targets around $161.86 [1]. The company's institutional ownership stands at 91.59%, indicating strong support from major investors [1].

In addition to its financial performance, ITT Inc. announced a quarterly dividend of $0.351 per share, payable on June 30, 2025. The dividend represents a $1.40 annualized payout and a yield of 0.98% [1].

ITT Inc. is expected to continue its growth trajectory, with the company forecasting over 5% annual organic revenue growth. As the company's segments continue to innovate and expand, investors should closely monitor ITT's progress in the coming quarters.

References:
[1] https://www.marketbeat.com/instant-alerts/hudson-bay-capital-management-lp-invests-1186-million-in-itt-inc-nyseitt-2025-05-12/
[2] https://www.marketbeat.com/instant-alerts/brevan-howard-capital-management-lp-makes-new-investment-in-itt-inc-nyseitt-2025-05-10/