The end of the earnings season is always a good time to take a step back and see who shined (and who didn’t). Let’s take a look at how gas and liquid handling stocks fared in Q2, starting with ITT (NYSE: ITT).
Gas and liquid handling companies possess the technical know-how and specialized equipment to handle valuable (and sometimes dangerous) substances. Lately, water conservation and carbon capture–which requires hydrogen and other gasses as well as specialized infrastructure–have been trending up, creating new demand for products such as filters, pumps, and valves. On the other hand, gas and liquid handling companies are at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies’ offerings.
The 11 gas and liquid handling stocks we track reported a strong Q2. As a group, revenues beat analysts’ consensus estimates by 2.1% while next quarter’s revenue guidance was 0.8% below.
Thankfully, share prices of the companies have been resilient as they are up 6.3% on average since the latest earnings results.
ITT (NYSE: ITT)
Playing a crucial role in the development of the first transatlantic television transmission in 1956, ITT (NYSE: ITT) provides motion and fluid handling equipment for various industries.
ITT reported revenues of $1.47 billion, up 51.5% year on year. This print exceeded analysts’ expectations by 5.9%. Overall, it was an exceptional quarter for the company with full-year EPS guidance exceeding analysts’ expectations and a beat of analysts’ EPS estimates.
ITT achieved the biggest analyst estimate beat and fastest revenue growth in the group. Unsurprisingly, the stock is up 6.1% since reporting and currently trades at $216.48.
Best Q2: SPX Technologies (NYSE: SPXC)
With roots dating back to 1912 as the Piston Ring Company, SPX Technologies (NYSE: SPXC) supplies specialized infrastructure equipment for HVAC systems and detection and measurement applications across industrial, commercial, and utility markets.
SPX Technologies reported revenues of $679 million, up 22.9% year on year, outperforming analysts’ expectations by 5.8%. The business had a stunning quarter with a solid beat of analysts’ organic revenue and EBITDA estimates.
SPX Technologies scored the highest full-year guidance raise among its peers. The market seems happy with the results as the stock is up 12.2% since reporting. It currently trades at $223.54.
Is now the time to buy SPX Technologies? Access our full analysis of the earnings results here, it’s free.
Slowest Q2: Graco (NYSE: GGG)
Founded in 1926, Graco (NYSE: GGG) is an industrial company specializing in the development and manufacturing of fluid-handling systems and products.
Graco reported revenues of $590.6 million, up 3.3% year on year, falling short of analysts’ expectations by 3%. It was a slower quarter, leaving some shareholders looking for more.
Graco delivered the weakest performance against analyst estimates of the whole group. Interestingly, the stock is up 11.6% since the results and currently trades at $82.48.
Read our full analysis of Graco’s results here.
Parker-Hannifin (NYSE: PH)
Founded in 1917, Parker Hannifin (NYSE: PH) is a manufacturer of motion and control systems for a wide variety of mobile, industrial and aerospace markets.
Parker-Hannifin reported revenues of $5.76 billion, up 9.8% year on year. This result surpassed analysts’ expectations by 3.3%. It was an exceptional quarter as it also produced an impressive beat of analysts’ organic revenue estimates and full-year EPS guidance beating analysts’ expectations.
The stock is up 7.2% since reporting and currently trades at $1,068.
Read our full, actionable report on Parker-Hannifin here, it’s free.
Atmus Filtration Technologies (NYSE: ATMU)
Spun out of Cummins in 2023 after 65 years as part of the engine maker, Atmus Filtration Technologies (NYSE: ATMU) manufactures filters for trucks, construction equipment, and agriculture machinery to reduce emissions and protect engines.
Atmus Filtration Technologies reported revenues of $527.9 million, up 16.4% year on year. This print topped analysts’ expectations by 3.8%. Overall, it was a very strong quarter as it also recorded an impressive beat of analysts’ EBITDA estimates and a beat of analysts’ EPS estimates.
The stock is down 8.6% since reporting and currently trades at $49.80.
Read our full, actionable report on Atmus Filtration Technologies here, it’s free.
Market Update
Over the past year, investors have been forced to repeatedly answer the same question: what is the market’s biggest risk? The answer has changed several times, and each shift has reshaped market leadership.
Late in 2025 and early 2026, artificial intelligence became the market’s primary uncertainty. Investors questioned whether AI would erode software pricing power and weaken competitive moats as AI made it easier to replicate once-differentiated products.
By the spring, technology took a back seat to geopolitics. The U.S. conflict with Iran briefly became the market’s dominant narrative, raising concerns about oil prices, inflation, and global growth. But as energy markets remained orderly and fears of a prolonged supply disruption faded, investors quickly turned their focus back to fundamentals.
Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Quality Compounder Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.
