SC 13G: ITT INC.
Ticker: ITT · Form: SC 13G · Filed: 2024-11-14T00:00:00.000Z
Sentiment: neutral
Topics: sc-13g
AI Summary
SC 13G filing by ITT INC..
Risk Assessment
Risk Level: low
From the Filing
0000899140-24-001266.txt : 20241114 0000899140-24-001266.hdr.sgml : 20241114 20241114162452 ACCESSION NUMBER: 0000899140-24-001266 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 4 FILED AS OF DATE: 20241114 DATE AS OF CHANGE: 20241114 GROUP MEMBERS: GEORGE S. LOENING SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ITT INC. CENTRAL INDEX KEY: 0000216228 STANDARD INDUSTRIAL CLASSIFICATION: PUMPS & PUMPING EQUIPMENT [3561] ORGANIZATION NAME: 06 Technology IRS NUMBER: 811197930 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-20746 FILM NUMBER: 241462887 BUSINESS ADDRESS: STREET 1: 100 WASHINGTON BLVD STREET 2: 6TH FLOOR CITY: STAMFORD STATE: CT ZIP: 06902 BUSINESS PHONE: 914.641.2000 MAIL ADDRESS: STREET 1: 100 WASHINGTON BLVD STREET 2: 6TH FLOOR CITY: STAMFORD STATE: CT ZIP: 06902 FORMER COMPANY: FORMER CONFORMED NAME: ITT Inc. DATE OF NAME CHANGE: 20160517 FORMER COMPANY: FORMER CONFORMED NAME: ITT Corp DATE OF NAME CHANGE: 20100308 FORMER COMPANY: FORMER CONFORMED NAME: ITT CORP DATE OF NAME CHANGE: 20060705 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Select Equity Group, L.P. CENTRAL INDEX KEY: 0001592643 ORGANIZATION NAME: IRS NUMBER: 463465710 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 380 LAFAYETTE STREET STREET 2: 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10003 BUSINESS PHONE: 212 475-8335 MAIL ADDRESS: STREET 1: 380 LAFAYETTE STREET STREET 2: 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10003 SC 13G 1 s013024a.htm SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* ITT Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 45073V108 (CUSIP Number) September 30, 2024 (Date of Event Which Requires Filing of This Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ☒ Rule 13d-1(b) ☐ Rule 13d-1(c) ☐ Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 45073V108 SCHEDULE 13G Page 2 of 6 Pages 1 NAMES OF REPORTING PERSONS   Select Equity Group, L.P. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)   ☐ (b)   ☐ 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION   Delaware         NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON   WITH 5 SOLE VOTING POWER   0 6 SHARED VOTING POWER   4,237,979 7 SOLE DISPOSITIVE POWER   0 8 SHARED DISPOSITIVE POWER   4,237,979 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 4,237,979 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES   ☐ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)   5.2%* 12 TYPE OF REPORTING PERSON   IA * Beneficial ownership based on 81,500,000 shares of common stock outstanding as of October 28, 2024, as reported on the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (the “SEC”) on October 29, 2024. CUSIP No. 45073V108 SCHEDULE 13G Page 3 of 6 Pages 1 NAMES OF REPORTING PERSONS   George S. Loening 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)   ☐ (b)   ☐ 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION   USA         NUMBER OF SHARES BENEFICIALLY OW