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Here's Why It is Appropriate to Invest in ITT Stock Right Now

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Key Takeaways

  • ITT is benefiting from strength across Flow Technologies, CCT and Motion Technologies.
  • Acquisitions of Aerospace Contacts and SPX FLOW are expanding ITT's capabilities and offerings.
  • ITT is investing in innovation while rewarding shareholders through dividends and share buybacks.

ITT Inc. (ITT - Free Report) is well-poised for growth in the near term, courtesy of strength across its segments and accretive acquisitions. The company's efforts to reward its shareholders handsomely add to its appeal.

ITT currently carries a Zacks Rank #2 (Buy). In the past year, the company has gained 16% against the industry’s 24.5% decline.

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Image Source: Zacks Investment Research

Let’s delve into the factors that make this company a smart investment choice at the moment.

Segmental Strength: ITT is gaining from strength across its segments. The Flow Technologies segment is benefiting from strength in pump projects and the short-cycle business. Growth in demand for pumps and valves is aiding the segment, while the Svanehøj acquisition continues to support growth. The segment’s organic revenues increased 20.7% year over year in the second quarter of 2026, driven by growth in pump project revenues and short-cycle businesses.

An increase in demand for connector solutions and aerospace and defense is supporting the Connect and Control Technologies (CCT) segment. Also, the acquisition of kSARIA augurs well for the segment. The segment’s organic revenues increased 17.3% year over year in the second quarter, aided by defense and connector strength. Demand for friction products, shock absorbers and damping technologies in OEM, rail and defense markets is supporting the Motion Technologies (MT) segment. Its organic revenues increased 1.6% year over year in the second quarter.

Acquisitions: The company engages in strategic acquisitions that increase the breadth and depth of its product offerings and help it grow its customer base. In July 2026, ITT completed the acquisition of Aerospace Contacts LLC (Aerospace Contacts). The acquisition strengthened the company’s supply chain, enhanced its aerospace and defense product offerings, and boosted its manufacturing and engineering capabilities. ITT integrated Aerospace Contacts into its CCT segment. ITT acquired SPX FLOW in March 2026. The acquisition enhanced the company’s capabilities in mixing, fluid handling and thermal solutions. SPX FLOW was added to the Flow Technologies segment.

Focus on Innovation: ITT is strengthening its capabilities through continued investments in innovation across its friction technologies, connectors and pump businesses. The company’s new brake pad testing center in Huang Shan, China, is already generating returns, while newly introduced connectors are addressing opportunities in the energy storage systems market. ITT is also advancing strategic programs, including VIDAR, FLRAA, high-performance friction and geo-pad offerings, to support long-term growth.

Rewards to Shareholders: ITT is committed to rewarding its shareholders through share buybacks and dividend payments. During the first six months of 2026, ITT paid out dividends of $69.5 million, up 23.7% year over year, and repurchased shares worth $100.7 million. ITT’s quarterly dividend rate was hiked 10% in February 2026 to 38.6 cents per share. In October 2023, ITT’s board approved a $1 billion share repurchase program for an indefinite time. Exiting the second quarter of 2026, the company had a remaining balance of $355 million under its stock repurchase program.

Other Stocks to Consider

Some other top-ranked companies are discussed below.

GPGI, Inc. (GPGI - Free Report) currently carries a Zacks Rank of 2. GPGI delivered a trailing four-quarter average earnings surprise of 23.8%. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

In the past 60 days, the Zacks Consensus Estimate for GPGI’s 2026 earnings has remained steady.

Griffon Corporation (GFF - Free Report) presently carries a Zacks Rank of 2. It has a trailing four-quarter average earnings surprise of 6.6%.

The Zacks Consensus Estimate for GFF’s 2026 earnings has increased 1.5% in the past 60 days.

3M Company (MMM - Free Report) presently carries a Zacks Rank of 2. 3M delivered a trailing two-quarter average earnings surprise of 4.1%.

In the past 60 days, the consensus estimate for MMM’s 2026 earnings has increased 0.6%.

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