ITT Inc
ITT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| MYD | LOCK|$<< | LOCK|>#l<f< |
ITT Investments in Innovation and Bolt-on Capabilities Should Protect its Moat
Business Strategy and Outlook
We think ITT is well positioned to continue to win in its marque brake pad business (nearly 30% global market share), while a focus on continuous improvement will drive both its industrial process and connect and control technologies' segments to over 20% adjusted segment operating margins.
