Last $47.86 USD
Change Today -0.25 / -0.52%
Volume 459.4K
As of 8:04 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

itt corp (ITT) Snapshot

Open
$48.28
Previous Close
$48.11
Day High
$48.30
Day Low
$47.77
52 Week High
07/1/14 - $48.84
52 Week Low
09/3/13 - $32.57
Market Cap
4.4B
Average Volume 10 Days
373.5K
EPS TTM
$6.39
Shares Outstanding
91.6M
EX-Date
09/10/14
P/E TM
7.5x
Dividend
$0.44
Dividend Yield
0.88%
Current Stock Chart for ITT CORP (ITT)

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itt corp (ITT) Details

ITT Corporation manufactures engineered critical components and customized technology solutions for the energy, transportation, and industrial markets in the United States and internationally. The company operates in four segments: Industrial Process, Motion Technologies, Interconnect Solutions, and Control Technologies. The Industrial Process segment manufactures industrial pumps, valves, and related equipment comprising centrifugal, chemical, slurry and process, and paper stock pumps, as well as vertical, axial flow, multi-stage, and other pumps; twin screw, multiphase boosting system, and progressive cavity pumps; and industrial knife-gate and sanitary diaphragm valves. This segment also offers aftermarket solutions, such as parts supply, inventory optimization, field service, energy and reliability assessments, repairs, upgrades, and overall equipment maintenance; and water treatment systems for offshore oil and gas production platforms. The Motion Technologies segment manufactures engineered and durable components comprising brake pads, shock absorbers, and damping technologies for the transportation industry. The Interconnect Solutions segment designs and manufactures engineered high performance, military-specification, and commercial electrical connectors of various types, such as circular, rectangular, radio frequency, fiber optic, D-sub miniature, micro-miniatur, and cable assemblies for applications in harsh environments that make possible to transfer signal and power. The Control Technologies segment provides engineered aerospace components and industrial products, including fuel management, actuation, and noise absorption components for the aerospace market; and motion control, energy absorption, and vibration isolation products for various industrial markets. The company was formerly known as ITT Industries, Inc. and changed its name to ITT Corporation in July 2006. ITT Corporation was founded in 1920 and is headquartered in White Plains, New York.

itt corp (ITT) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $890.4K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $406.5K
Senior Vice President and President of Motion...
Total Annual Compensation: $487.2K
Executive Vice President and Interim Presiden...
Total Annual Compensation: $420.0K
Senior Vice President and President of Interc...
Total Annual Compensation: $276.9K
Compensation as of Fiscal Year 2013.

itt corp (ITT) Key Developments

ITT Launches Pure-Flo(R) Envizion Hygienic Diaphragm Valve Platform

ITT Corporation's Engineered Valves brand has launched a new line of hygienic diaphragm valves designed to dramatically reduce maintenance time and total cost of ownership for BioPharm manufacturing facilities. As the latest platform to be added to the Engineered Valves product family, the EnviZion(TM) valve helps customers install, operate and maintain their systems more efficiently and reliably. EnviZion's embedded technologies allow for a more streamlined installation and maintenance process, delivering less downtime, longer preventative maintenance cycles and greater production capacity for manufacturers. Assembled with a simple mount and turn motion, the EnviZion valve is installed in approximately three minutes without using any special tools or difficult torqueing procedures. The valve's 360deg active seal protection provides leak-free operation, helping eliminate the risk of contamination and the need to re-torque after thermal cycling.

ITT Corporation Announces Dividend for the Third Quarter of 2014, Payable on October 1, 2014

ITT Corporation authorized a cash dividend of USD 0.11 per share for the third quarter on the company's outstanding stock. This dividend will be paid on October 1, 2014 to shareholders of record as of the close of business on September 12, 2014.

ITT Corporation Opens High-Energy Pump Testing and Packaging Facility

ITT Corporation unveiled the newest addition to its Seneca Falls, N.Y., manufacturing campus: an advanced testing and packaging facility for its complex, highly engineered pumps used primarily by the global oil and gas, petrochemical and mining industries. The new building totals 89,000 square feet including office space, with approximately 79,000 square feet dedicated to product operations. The $22 million expansion was driven primarily by the growth of ITT and its Goulds Pumps brand in the oil and gas industry, which requires highly engineered pump products for use in refinery, pipeline, production and other critical environments. Earlier this year, the company also completed an expansion of its Norman G. Gould Technical Center on its Seneca Falls campus, which houses its product engineering and research and development staff. The new building complements an advanced pump factory ITT opened in October 2013 in South Korea. Together, the two facilities coordinate with the company's network of other pump manufacturing and packaging sites to serve customer requirements around the world. The Seneca Falls Operations has focused teams for configured-to-order process pumps and complex, highly engineered pump systems to maintain flexibility and responsiveness to diverse customer needs, supported by a foundry that provides high-quality castings and metallurgy services for the product range. The new building for large, high-energy pump packages features a new 8,000-horsepower performance test facility and was custom designed for testing and final configuration of complex pump packages that can be up to 30 feet long and weigh more than 25 tons. It features a modular floor design for project flexibility and can test pump flows of up to 150,000 gallons per minute. The facility is equipped with a customer observation booth with test gauges and read-outs, computer analysis equipment and video capabilities for customer witness testing.

 

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