ITT stock reports record Q2 growth and higher 2026 guidance

Published on 10/07/2026 at 06:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ITT stock was last at USD 206.8780 on October 6, 2026, while Q2 revenue reached USD 1.47 billion. Adjusted EPS rose 18 percent and guidance increased.

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ITT stock (ISIN US45073V1089) was last at USD 206.8780 on the NYSE on October 6, 2026, against a 52-week range of USD 166.96 to USD 230.32. The latest company update showed record second-quarter execution, with higher guidance placing operating performance at the center of the investment case.

Q2 revenue reaches USD 1.47 billion

According to Yahoo Finance on August 6, 2026, ITT generated record Q2 2026 revenue of USD 1.5 billion, representing 51 percent growth year over year and 13 percent organic growth. The standardized quarterly statement reports revenue of USD 1.4731 billion for the quarter ended July 4, 2026, while GAAP diluted EPS was USD 0.95.

Adjusted EPS reached USD 2.08, up 18 percent from the prior year, and adjusted operating margin expanded 40 basis points, according to Yahoo Finance. The company also reported USD 176 million of year-to-date free cash flow and a leverage ratio of 2.5 times after paying down USD 124 million of debt in Q2.

Guidance rises for fiscal 2026

ITT raised its fiscal 2026 organic revenue guidance to growth of 5 percent to 8 percent and lifted adjusted EPS guidance to USD 8.22 at the midpoint, a USD 0.37 increase from the previous midpoint, according to Yahoo Finance. The revised outlook reflects volume, pricing, productivity and the integration of SPX FLOW.

That acquisition effect is important for interpreting the headline growth rate. Organic revenue growth was 13 percent, while total revenue growth reached 51 percent, so the comparison combines underlying expansion with the contribution from SPX FLOW.

Analysts see a higher target

MarketBeat reported on October 6, 2026, that eight analysts rated ITT Buy and one rated it Hold, producing a Moderate Buy consensus and an average price target of USD 259.56. Against the USD 206.8780 last price, that target stands 25.5 percent above the stock.

The same report said ITT traded above its 200-day moving average of USD 200.74 and reached USD 208.97 during the session. The stock's USD 18.5 billion market capitalization and its position below the USD 230.32 52-week high show that the market has already assigned substantial value to the earnings and acquisition strategy.

ITT stock remains below its yearly high

ITT stock was last at USD 206.8780 on the NYSE on October 6, 2026, with volume of 664,659 shares and a market capitalization of USD 18.5 billion. The next reported earnings date is November 4, 2026, according to Investing.com.