Highest-materiality recent filing
ITT CFO Emmanuel Caprais to depart; Michael Savinelli named interim CFO
CFO Emmanuel Caprais leaves for personal reasons effective May 8, 2026; will serve as business advisor through July 1.
ITT Q1 revenue $1.2B (+33%), adj EPS $1.98 (+25%); FY adj EPS guidance $7.70-$8.00
Revenue $1,211.9M (+33%), organic growth 11%; operating income $141.2M (-6%) due to SPX FLOW costs.
ITT files SPX FLOW financials; acquisition closed on March 2, 2026 for $4.775B
SPX FLOW 2025 revenue $1.34B (down ~3% YoY); net loss $12.5M improved from $44.8M loss in 2024.
ITT closes $4.775B acquisition of SPX FLOW; SPX FLOW 2025 revenue >$1.3B
Total consideration $4.775B: $4.075B cash plus 3.84M ITT shares issued to SPX FLOW owner.
ITT enters $2.875B credit agreement to finance SPX FLOW acquisition
$2.875B delayed draw term loan facility arranged with U.S. Bank National Association as administrative agent.
ITT Q4 adjusted EPS $1.85, +23% YoY; revenue +13% (9% organic); raises quarterly dividend 10%
Q4 adjusted EPS $1.85 vs $1.50 prior year (+23%); GAAP EPS $1.64 (+6%).
ITT raises ~$1.31B net in 7M-share offering at $167/share for SPX FLOW acquisition
Sold 7M shares at $167.00 each; underwriters' 1.05M-share option exercised in full.
ITT to acquire SPX FLOW for $4.775B; expects accretion in 2026
Acquisition of SPX FLOW for $4.775B ($4.075B cash + 3.84M ITT shares) from Lone Star Funds.
ITT Q3 adj EPS $1.78 (+21%); raises FY adjusted EPS guidance to $6.62-$6.68
Q3 revenue $999M (+13% reported, +6% organic); adjusted EPS $1.78 vs $1.47 YoY.
ITT Q2 2025 adjusted EPS $1.64, revenue $972M; raises full-year EPS and revenue guidance
Q2 2025 revenue $972M (+7% reported, +4% organic); adjusted EPS $1.64 (+10.1% YoY).
elected Ms. Mary Laschinger to its Board of Directors, effective immediately following its annual meeting of shareholders (the “Annual Meeting”) on May 21, 2025.
Max materiality 0.90 · Median 0.78 · Most common event earnings