ITT Inc., a diversified manufacturer specializing in engineered components and customized technology solutions across transportation, industrial, and energy sectors, has received a Buy rating from UBS.
The company operates through three main segments: Motion Technologies, Industrial Process, and Connect & Control Technologies.
The Motion Technologies segment provides brake pads for combustion engines, hybrid and electric vehicles globally.
The Industrial Process segment manufactures engineered process equipment for fluids, serving industries such as chemicals, energy, and mining.
The Connect & Control Technologies segment produces interconnect solutions, critical energy absorption components, flow control parts, and composite materials for markets including aerospace and defense, general industrial, medical, and energy.