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ITT Inc has achieved a significant milestone, with its stock reaching an all-time high of $183.43. According to InvestingPro data, the company’s shares have delivered a 30.56% return over the past year, with particularly strong momentum shown in a 34.12% gain over the last six months. Based on InvestingPro’s Fair Value analysis, the stock appears to be trading above its fundamental value. The industrial manufacturing company has demonstrated strong growth, buoyed by favorable market conditions and strategic initiatives. With an impressive EBITDA of $792.8M and a robust gross profit margin of 34.93%, investors have responded positively to the company’s financial health and growth prospects. The stock’s new peak reflects ITT’s resilience, supported by its "GREAT" Financial Health score from InvestingPro, which offers 15 additional valuable insights about ITT’s performance and prospects in its comprehensive Pro Research Report.
In other recent news, ITT Inc. reported its second-quarter 2025 earnings, which exceeded analysts’ expectations. The company achieved an earnings per share of $1.64, surpassing the forecast of $1.61. Revenue also outperformed projections, reaching $972.4 million compared to the anticipated $948.2 million. Additionally, BofA Securities raised its price target for ITT to $210 from $190, maintaining a Buy rating, following an investor meeting with ITT’s CEO and VP of Investor Relations. KeyBanc Capital Markets also increased its price target for ITT to $200 from $192, citing a positive outlook from their visit to ITT’s Friction Technologies manufacturing plant in Italy. Both firms continue to hold favorable views on ITT’s stock, with BofA Securities and KeyBanc maintaining Buy and Overweight ratings, respectively. These developments reflect recent positive momentum for ITT in the market.
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