ITT beats Q4 adjusted EPS estimates, hikes dividend

ITT

05/02/2026 11:43

Overview

Diversified industrial firm's Q4 revenue grew 13%, driven by pump projects and acquisitions

Adjusted EPS for Q4 beat analyst expectations

Company announced 10% increase in quarterly dividend

Outlook

ITT expects Q1 2026 revenue growth of roughly 11%

Company forecasts Q1 2026 EPS between $1.67 and $1.71

ITT plans to revise adjusted EPS starting fiscal 2026 to exclude acquisition-related intangible amortization expense

Result Drivers

PUMP PROJECTS - Revenue growth in Q4 was primarily driven by strong performance in pump projects

ACQUISITIONS - Contributions from the Svanehøj and kSARIA acquisitions supported revenue growth

COST CONTROLS - Improved operational performance and cost controls drove 23% increase in adjusted EPS

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Adjusted EPS
Beat
$1.85
$1.78 (11 Analysts)
Q4 EPS
$1.64


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

Wall Street's median 12-month price target for ITT Inc is $208.50, about 12.6% above its February 4 closing price of $185.15

The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 25 three months ago

Press Release: ID:nBw9Mls1Za

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)