ITT Inc
ITT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|m& | LOCK|<^ | LOCK|jDykLz# |
ITT Will Drive Continued Margin Expansion on Productivity and Aerospace Volume Leverage
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.
