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ITT · Analysis updated Nov 10, 2026, 6:00 PM ET
Why is ITT Inc. (ITT) stock moving?
ITT beat third-quarter consensus on adjusted EPS ($2.26 vs $2.08) and sales ($1.441B vs $1.416B), with revenue up 44%, and raised full-year adjusted EPS guidance to $8.54-$8.62 from $8.12-$8.32 against an $8.26 estimate. The GAAP EPS guidance was also raised, to $4.65-$4.73, but its midpoint sits slightly below the $4.75 estimate. The stock fell intraday on results day (Nov 4 low $195.45, close $201.03), and Nov 5 saw the heaviest volume in the period (2.30M) with a close of $195.92. It then recovered, jumping 6.2% on Nov 9 to $218.21 on 1.33M shares, and closed at $216.37 on Nov 10. From the Oct 22 close of $188.26, the stock is up about 15%. Analyst action is supportive: Stifel kept its Buy and raised its target to $259, while Citigroup kept its Buy but trimmed its target to $251. Both targets sit about 16-20% above the last close. The dividend of $0.386 and the emissions update add minor support. Main risks are the thin GAAP guidance midpoint and a stock that has already rallied close to the recent analyst targets.
News behind the analysis
- Stifel Maintains Buy Rating and Raises Price Target for ITT Inc.Stifel kept its Buy rating on ITT and raised its price target from $256 to $259.
- Stifel Maintains Buy on ITT, Raises Price Target to $259Stifel reiterated its Buy rating on ITT and lifted its price target to $259 after the third-quarter results.
- Citigroup Maintains Buy on ITT, Lowers Price Target to $251Citigroup kept its Buy rating on ITT but cut its price target to $251.
- ITT Inc. Reports Third Quarter 2026 Financial Results and Raises Full-Year GuidanceITT reported Q3 2026 revenue up 44% to $1.4 billion and raised its full-year adjusted EPS guidance to $8.54 to $8.62.
- ITT Raises FY2026 Adj EPS Guidance from $8.12-$8.32 to $8.54-$8.62 vs $8.26 EstBenzinga reports ITT lifted its FY2026 adjusted EPS guidance above the $8.26 consensus estimate.
- ITT Raises FY2026 GAAP EPS Guidance from $4.47-$4.67 to $4.65-$4.73 vs $4.75 EstITT raised its FY2026 GAAP EPS guidance, but the new range sits slightly below the $4.75 estimate.
- ITT Q3 Adj. EPS $2.26 Beats $2.08 Estimate, Sales $1.441B Beat $1.416B EstimateITT beat consensus on both adjusted EPS ($2.26 vs $2.08) and sales ($1.441B vs $1.416B) for the third quarter.
- ITT Inc. Declares Quarterly DividendITT declared a quarterly cash dividend of $0.386 per share, payable on December 31, 2026.
- ITT Announces Participation at Baird's 2026 Global Industrial ConferenceITT will participate in Baird's 2026 Global Industrial Conference on November 10, 2026.
- ITT Inc. Reports 13% Reduction in Scope 1 and 2 EmissionsITT reported a 13% cut in Scope 1 and 2 greenhouse gas emissions versus its 2021 baseline.
About ITT Inc.
ITT Inc. is an industrial manufacturer based in Stamford, Connecticut. It makes highly engineered parts like pumps, valves, connectors, brake pads and aerospace components. It grew a lot bigger in 2026 when it bought SPX FLOW, a maker of pumps, mixers and flow equipment, which pushed expected 2026 revenue up about 40% compared with 2025.
How it makes money
ITT sells engineered components and equipment to industrial, energy, transportation, aerospace and defense customers. It reports three segments. Industrial Process makes pumps and valves, and now includes the SPX FLOW flow-equipment businesses. Motion Technologies makes brake pads for cars and rail, plus shock absorbers. Connect & Control Technologies makes connectors and aerospace and defense components. In Q1 2026 the segments brought in roughly $537M, $397M and $279M of revenue, so Industrial Process was the largest. A sizable share of sales comes from aftermarket parts and replacement products.
What usually moves ITT
- Industrial and energy capital spending (pump and valve projects)
- Defense and aerospace demand for connectors and components
- Global auto production and brake-pad market share
- Integration of SPX FLOW and other acquisitions
- Pricing power, margins and foreign exchange