ITT Completes $1.31 Billion Stock Offering

ITT ( (ITT) ) has provided an update.

On December 8, 2025, ITT Inc. announced an underwritten public offering of 7,000,000 shares of its common stock at $167.00 per share, raising approximately $1.31 billion. The proceeds are intended to fund part of the acquisition of SPX FLOW, Inc., or for general corporate purposes if the acquisition does not occur. The offering closed on December 10, 2025, with Goldman Sachs & Co. LLC and UBS Securities LLC acting as representatives of the underwriters. This move is expected to impact ITT’s financial strategy and market positioning, enhancing its growth prospects.

The most recent analyst rating on (ITT) stock is a Buy with a $186.00 price target. To see the full list of analyst forecasts on ITT stock, see the ITT Stock Forecast page.

Spark’s Take on ITT Stock

According to Spark, TipRanks’ AI Analyst, ITT is a Outperform.

ITT’s overall stock score is driven by strong financial performance and a positive earnings call, highlighting significant revenue growth and strategic acquisitions. However, the technical analysis indicates bearish momentum, and the valuation suggests the stock may be overvalued. These factors balance the score, reflecting both the strengths and challenges facing ITT.

To see Spark’s full report on ITT stock, click here.

More about ITT

ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the transportation, industrial, and energy markets. The company is headquartered in Stamford, Connecticut, and operates in more than 35 countries, with sales in approximately 125 countries.

Average Trading Volume: 614,743

Technical Sentiment Signal: Buy

Current Market Cap: $13.22B

See more data about ITT stock on TipRanks’ Stock Analysis page.