Company: ITT Inc. (ITT)
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Company Profile: ITT Inc is a diversified manufacturer of engineered critical components and customized technology solutions predominantlyÊfor the transportation, industrial and energy markets. The companyÕs products include, brake pads, shock absorbers, pumps, valves, connectors, switches and others. Its operating segments are; Motion Technologies (MT), Industrial Process (IP), and Connect & Control Technologies (CCT). The majority of the revenue is generated from the Motion Technologies segment which is a manufacturer of brake pads, shims, shock absorbers, energy absorption components and sealing technologies. Geographically, the company generates majority of the revenue from North America, and also has its presence in South America, Europe, Asia, Middle East and Africa. -Morningstar.com-
Symbol: ITT
Recent Price: $128.16
Dividends: $1.28
Yield: 1.00%
Sector: Industrials
Industry: Specialty Industrial Machinery
Address & Company Phone #: 1133 Westchester Avenue White Plains NY 10604, 914-641-2000
Transfer Agent: Computershare 888-217-2614
Moody’s Rating: Baa2
Minimum & Maximum Investment: $50 – $120,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $500
Fees: Div.: 5% of amount invested up to $5 Max Cash: $5+5¢/sh. Cert: $5 Sells: by Mail, Phone or Internet for $25+12¢/sh.
52 Week High & Low: $140.20, $90.83