NYSE:ITW - Illinois Tool Works Stock Price, News, & Analysis

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$147.62 +0.88 (+0.60 %)
(As of 09/20/2018 01:07 PM ET)
Previous Close$147.87
Today's Range$146.70 - $148.38
52-Week Range$134.45 - $179.07
Volume30,709 shs
Average Volume1.37 million shs
Market Capitalization$49.09 billion
P/E Ratio22.43
Dividend Yield2.13%
Beta1.24
Illinois Tool Works logoIllinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM segment offers plastic and metal components, fasteners, and assemblies for automobiles, light trucks, and other industrial uses. The Food Equipment segment produces warewashing, cooking, refrigeration, and food processing equipment; kitchen exhaust, ventilation, and pollution control systems; and food equipment, maintenance, and repair services. The Test & Measurement and Electronics segment produces equipment, consumables, and related software for testing and measuring of materials and structures, as well as equipment and consumables used in the production of electronic subassemblies and microelectronics. The Welding segment produces arc welding equipment; metal arc welding consumables and related accessories; and metal jacketing and other insulation products for various industrial and commercial applications. The Polymers & Fluids segment produces adhesives, sealants, lubrication and cutting fluids, and fluids and polymers for auto aftermarket maintenance and appearance. The Construction Products segment produces engineered fastening systems and solutions for the residential construction, renovation/remodel, and commercial construction markets. The Specialty Products segment offers beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. It serves the food and beverage, consumer durables, general industrial, printing and publishing, and industrial capital goods markets. The company distributes its products directly to industrial manufacturers, as well as through independent distributors. Illinois Tool Works Inc. was founded in 1912 and is headquartered in Glenview, Illinois.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry General industrial machinery & equipment
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
SymbolNYSE:ITW
CUSIP45230810
Phone847-724-7500

Debt

Debt-to-Equity Ratio1.60
Current Ratio1.73
Quick Ratio1.35

Price-To-Earnings

Trailing P/E Ratio22.43
Forward P/E Ratio19.32
P/E Growth1.87

Sales & Book Value

Annual Sales$14.31 billion
Price / Sales3.46
Cash Flow$8.0888 per share
Price / Cash18.25
Book Value$13.40 per share
Price / Book11.02

Profitability

EPS (Most Recent Fiscal Year)$6.59
Net Income$1.69 billion
Net Margins12.70%
Return on Equity56.74%
Return on Assets15.39%

Miscellaneous

Employees50,000
Outstanding Shares335,350,000
Market Cap$49.09 billion

Illinois Tool Works (NYSE:ITW) Frequently Asked Questions

What is Illinois Tool Works' stock symbol?

Illinois Tool Works trades on the New York Stock Exchange (NYSE) under the ticker symbol "ITW."

How often does Illinois Tool Works pay dividends? What is the dividend yield for Illinois Tool Works?

Illinois Tool Works announced a quarterly dividend on Friday, August 3rd. Stockholders of record on Friday, September 28th will be paid a dividend of $1.00 per share on Tuesday, October 9th. This represents a $4.00 annualized dividend and a dividend yield of 2.72%. The ex-dividend date of this dividend is Thursday, September 27th. This is a boost from Illinois Tool Works's previous quarterly dividend of $0.78. View Illinois Tool Works' Dividend History.

How will Illinois Tool Works' stock buyback program work?

Illinois Tool Works announced that its Board of Directors has initiated a share buyback plan on Friday, August 3rd 2018, which allows the company to buyback $3,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 6.4% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's leadership believes its stock is undervalued.

How were Illinois Tool Works' earnings last quarter?

Illinois Tool Works Inc. (NYSE:ITW) released its earnings results on Monday, July, 23rd. The industrial products company reported $1.97 EPS for the quarter, hitting the Zacks' consensus estimate of $1.97. The industrial products company earned $3.83 billion during the quarter, compared to analyst estimates of $3.85 billion. Illinois Tool Works had a return on equity of 56.74% and a net margin of 12.70%. The company's quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.69 earnings per share. View Illinois Tool Works' Earnings History.

When is Illinois Tool Works' next earnings date?

Illinois Tool Works is scheduled to release their next quarterly earnings announcement on Monday, October, 22nd 2018. View Earnings Estimates for Illinois Tool Works.

What guidance has Illinois Tool Works issued on next quarter's earnings?

Illinois Tool Works issued an update on its FY18 earnings guidance on Monday, July, 23rd. The company provided EPS guidance of $7.50-7.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $7.73. Illinois Tool Works also updated its Q3 guidance to $1.80-1.90 EPS.

What price target have analysts set for ITW?

17 equities research analysts have issued 12 month target prices for Illinois Tool Works' stock. Their forecasts range from $141.00 to $200.00. On average, they anticipate Illinois Tool Works' stock price to reach $159.6250 in the next twelve months. This suggests a possible upside of 8.5% from the stock's current price. View Analyst Price Targets for Illinois Tool Works.

What is the consensus analysts' recommendation for Illinois Tool Works?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Illinois Tool Works in the last year. There are currently 1 sell rating, 11 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Illinois Tool Works.

Who are some of Illinois Tool Works' key competitors?

Who are Illinois Tool Works' key executives?

Illinois Tool Works' management team includes the folowing people:
  • Mr. E. Scott Santi, Chairman, Pres & CEO (Age 56)
  • Mr. Michael M. Larsen, Sr. VP & CFO (Age 49)
  • Mr. Norman Dale Finch Jr., Sr. VP, Gen. Counsel & Sec. (Age 53)
  • Mr. Sundaram Nagarajan, Exec. VP of Automotive OEM Segment (Age 55)
  • Mr. Christopher A. O'Herlihy, Vice Chairman (Age 54)

Has Illinois Tool Works been receiving favorable news coverage?

News coverage about ITW stock has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Illinois Tool Works earned a daily sentiment score of 0.18 on Accern's scale. They also gave press coverage about the industrial products company an impact score of 46.57 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for Illinois Tool Works.

Who are Illinois Tool Works' major shareholders?

Illinois Tool Works' stock is owned by a number of of institutional and retail investors. Top institutional investors include Briar Hall Management LLC (7.64%), BlackRock Inc. (6.19%), Northern Trust Corp (4.48%), Wells Fargo & Company MN (2.59%), Bank of America Corp DE (1.75%) and Massachusetts Financial Services Co. MA (1.63%). Company insiders that own Illinois Tool Works stock include Christopher A O'herlihy, David C Parry, Ernest Scott Santi, Harold B Smith, Jay L Henderson, John R Hartnett, Juan Valls, Lei Zhang Schlitz, Michael M Larsen, Michael R Zimmerman, Norman D Jr Finch, Richard H Lenny, Roland M Martel, Steven L Martindale and Sundaram Nagarajan. View Institutional Ownership Trends for Illinois Tool Works.

Which major investors are selling Illinois Tool Works stock?

ITW stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, FMR LLC, BlackRock Inc., PNC Financial Services Group Inc., Dividend Assets Capital LLC, Northern Trust Corp, Morgan Stanley and Glenmede Trust Co. NA. Company insiders that have sold Illinois Tool Works company stock in the last year include Harold B Smith, John R Hartnett, Juan Valls, Roland M Martel, Steven L Martindale and Sundaram Nagarajan. View Insider Buying and Selling for Illinois Tool Works.

Which major investors are buying Illinois Tool Works stock?

ITW stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Schroder Investment Management Group, Schroder Investment Management Group, OppenheimerFunds Inc., Janus Henderson Group PLC, Conning Inc., Caisse DE Depot ET Placement DU Quebec and Ferguson Wellman Capital Management Inc.. Company insiders that have bought Illinois Tool Works stock in the last two years include Jay L Henderson, Norman D Jr Finch and Richard H Lenny. View Insider Buying and Selling for Illinois Tool Works.

How do I buy shares of Illinois Tool Works?

Shares of ITW can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Illinois Tool Works' stock price today?

One share of ITW stock can currently be purchased for approximately $147.17.

How big of a company is Illinois Tool Works?

Illinois Tool Works has a market capitalization of $49.09 billion and generates $14.31 billion in revenue each year. The industrial products company earns $1.69 billion in net income (profit) each year or $6.59 on an earnings per share basis. Illinois Tool Works employs 50,000 workers across the globe.

How can I contact Illinois Tool Works?

Illinois Tool Works' mailing address is 155 HARLEM AVENUE, GLENVIEW IL, 60025. The industrial products company can be reached via phone at 847-724-7500 or via email at [email protected]


MarketBeat Community Rating for Illinois Tool Works (NYSE ITW)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  470 (Vote Outperform)
Underperform Votes:  508 (Vote Underperform)
Total Votes:  978
MarketBeat's community ratings are surveys of what our community members think about Illinois Tool Works and other stocks. Vote "Outperform" if you believe ITW will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ITW will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/20/2018 by MarketBeat.com Staff

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