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An update from ITT ( (ITT) ) is now available.
On March 2, 2026, ITT completed its acquisition of SPX FLOW, Inc., a global provider of highly engineered process technologies used in industrial, chemical, energy, nutrition and personal care markets. SPX FLOW generated more than $1.3 billion in revenue and 14% organic order growth in 2025, and the deal’s net merger consideration was estimated at about $3.0 billion, including approximately $2.3 billion in cash and $0.7 billion in ITT stock.
The acquisition creates a combined flow technologies platform by integrating SPX FLOW into ITT’s Industrial Process segment, which has been renamed Flow Technologies and will be led by senior executive Bartek Makowiecki. ITT also entered into a registration rights agreement granting the seller demand, piggy-back and shelf registration rights on the stock consideration, underscoring a significant strategic portfolio shift toward higher-growth, higher-margin businesses and reinforcing the company’s long-term transformation goals.
By closing this transaction, ITT adds 3,900 employees and a broad suite of mixing, fluid handling, separation and thermal transfer solutions, strengthening its position in process industries worldwide. Management framed the deal as a defining milestone that enhances resilience, deepens customer relationships and expands recurring aftermarket opportunities for both ITT and stakeholders in its new Flow Technologies platform.
The most recent analyst rating on (ITT) stock is a Buy with a $235.00 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.
The score is driven primarily by strong financial performance (steady growth, low leverage, solid returns and cash generation) and supportive earnings-call guidance for continued growth and margin expansion. Technicals confirm an uptrend but show stretched momentum (high RSI), while valuation is the main restraint due to a higher P/E and low dividend yield.
To see Spark’s full report on ITT stock, click here.
More about ITT
ITT Inc. is a diversified manufacturer of highly engineered critical components and customized technology solutions for the transportation, industrial and energy markets. Headquartered in Stamford, Conn., the company serves customers in about 125 countries and operates through businesses including its newly renamed Flow Technologies segment, which focuses on pumps, valves and aftermarket services for global industrial applications.
Average Trading Volume: 1,030,725
Technical Sentiment Signal: Buy
Current Market Cap: $17.42B
For detailed information about ITT stock, go to TipRanks’ Stock Analysis page.