MLI - ITT: Excellent Execution, But The Stock Is Fully Priced
2025-10-20 11:11:41 ET
With fresh earnings just around the corner, and analysts excited for the prospect of significant improvement in revenue and adjusted profits, there's a lot for investors in ITT Inc. ( ITT ) to be excited about. The company has been a bit disappointing to me lately, not because of its fundamental performance, but because of its share price performance compared to my own expectations. In April, I reaffirmed it as a Hold candidate. The stock has jumped since then, skyrocketing 35.6% while the S&P 500 (SP500) is up 27.5%. This was fueled by strong performance on both its top and bottom lines and the expectation that this will continue for the foreseeable future....
ITT: Excellent Execution, But The Stock Is Fully Priced