ITT Inc
ITT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| wvY | LOCK|@Y | LOCK|?%ypN#f |
Industrial Process' Exceptional Margin Expansion Is Proof That ITT's Playbook Yields Results
Business Strategy and Outlook
We think ITT is well-positioned to continue winning in its marque brake pad business (owning 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.
