Illinois Tool Works Company Profile (NYSE:ITW)

About Illinois Tool Works

Illinois Tool Works logoIllinois Tool Works Inc. (ITW) is a manufacturer of a range of industrial products and equipment. The Company operates through seven segments: Automotive OEM, Test & Measurement and Electronics, Food Equipment, Polymers & Fluids, Welding, Construction Products and Specialty Products. It produces components and fasteners for automotive-related applications; equipment, consumables and related software for testing and measuring of materials and structures, and equipment and consumables used in the production of electronic subassemblies and microelectronics; adhesives, sealants, lubrication and cutting fluids, and fluids and polymers for auto aftermarket maintenance and appearance; arc welding equipment, consumables and accessories for a range of industrial and commercial applications, and beverage packaging equipment and consumables, product coding and marking equipment, and consumables, and appliance components and fasteners. It has over 80 divisions in approximately 60 countries.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Diversified Machinery
  • Sub-Industry: Industrial Machinery
  • Exchange: NYSE
  • Symbol: ITW
  • CUSIP: 45230810
Key Metrics:
  • Previous Close: $130.41
  • 50 Day Moving Average: $126.33
  • 200 Day Moving Average: $121.59
  • 52-Week Range: $92.99 - $130.90
  • Trailing P/E Ratio: 22.83
  • Foreward P/E Ratio: 19.05
  • P/E Growth: 2.28
  • Market Cap: $45.09B
  • Outstanding Shares: 346,550,000
  • Beta: 1.01
Profitability:
  • Net Margins: 14.96%
  • Return on Equity: 41.90%
  • Return on Assets: 13.08%
Debt:
  • Debt-to-Equity Ratio: 1.69%
  • Current Ratio: 2.22%
  • Quick Ratio: 1.83%
Additional Links:
Companies Related to Illinois Tool Works:

Analyst Ratings

Consensus Ratings for Illinois Tool Works (NYSE:ITW) (?)
Ratings Breakdown: 1 Sell Rating, 7 Hold Ratings, 7 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $119.79 (7.94% downside)

Analysts' Ratings History for Illinois Tool Works (NYSE:ITW)
Show:
DateFirmActionRatingPrice TargetDetails
2/17/2017Goldman Sachs Group, Inc. (The)DowngradeNeutral -> Sell$123.00 -> $121.00View Rating Details
1/18/2017Barclays PLCReiterated RatingHold$122.00View Rating Details
1/13/2017RBC Capital MarketsReiterated RatingHold$125.00View Rating Details
12/6/2016BMO Capital MarketsBoost Price TargetOutperform$120.00 -> $145.00View Rating Details
12/5/2016Jefferies Group LLCReiterated RatingBuy$135.00 -> $145.00View Rating Details
12/5/2016Stifel NicolausBoost Price TargetBuy$123.00 -> $135.00View Rating Details
12/5/2016Royal Bank Of CanadaBoost Price TargetSector Perform$116.00 -> $118.00View Rating Details
8/25/2016Deutsche Bank AGReiterated RatingBuy$102.00View Rating Details
7/21/2016Credit Suisse GroupSet Price TargetHold$106.00 -> $114.00View Rating Details
6/23/2016Robert W. BairdDowngradeOutperform -> Neutral$108.00View Rating Details
6/7/2016Oppenheimer Holdings, Inc.Reiterated RatingBuyView Rating Details
4/21/2016Seaport Global SecuritiesReiterated RatingBuy$105.00 -> $125.00View Rating Details
4/21/2016ArgusBoost Price TargetBuy$102.00 -> $120.00View Rating Details
4/21/2016Morgan StanleyReiterated RatingEqual Weight$101.00 -> $104.00View Rating Details
3/2/2016J P Morgan Chase & CoBoost Price TargetNeutral$87.00 -> $93.00View Rating Details
1/21/2016Citigroup Inc.Initiated CoverageBuy$98.00View Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for Illinois Tool Works (NYSE:ITW)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/18/2017        
1/25/2017Q416$1.37$1.39$3.41 billion$3.39 billionViewN/AView Earnings Details
10/20/2016Q316$1.49$1.50$3.50 billion$3.50 billionViewListenView Earnings Details
7/20/2016Q216$1.40$1.46$3.41 billion$3.43 billionViewListenView Earnings Details
4/20/2016Q116$1.26$1.29$3.25 billion$3.27 billionViewListenView Earnings Details
1/27/2016Q415$1.21$1.23$3.24 billion$3.30 billionViewListenView Earnings Details
10/21/2015Q315$1.36$1.39$3.45 billion$3.35 billionViewListenView Earnings Details
7/22/2015Q215$1.28$1.30$3.45 billion$3.43 billionViewListenView Earnings Details
4/21/2015Q115$1.17$1.21$3.48 billion$3.30 billionViewListenView Earnings Details
1/27/2015Q414$1.13$1.18$3.59 billion$3.50 billionViewListenView Earnings Details
10/21/2014Q314$1.23$1.28$3.68 billion$3.70 billionViewListenView Earnings Details
7/29/2014Q214$1.20$1.21$3.75 billion$3.72 billionViewListenView Earnings Details
4/22/2014Q114$0.98$1.01$3.57 billion$3.60 billionViewListenView Earnings Details
1/28/2014Q413$0.91$0.92$3.52 billion$3.55 billionViewListenView Earnings Details
10/22/2013Q313$0.94$0.99$3.59 billion$3.57 billionViewListenView Earnings Details
7/23/2013Q2 2013$1.10$1.03$4.29 billion$4.22 billionViewListenView Earnings Details
4/23/2013Q1 2013$0.96$0.96$4.28 billion$4.00 billionViewListenView Earnings Details
1/29/2013Q4 2012$0.89$0.89$4.15 billion$4.22 billionViewListenView Earnings Details
10/23/2012$1.06$1.09ViewN/AView Earnings Details
7/24/2012$1.10$1.11ViewN/AView Earnings Details
4/24/2012$0.95$0.97ViewN/AView Earnings Details
1/31/2012$0.88$0.90ViewN/AView Earnings Details
10/25/2011$0.98$1.00ViewN/AView Earnings Details
7/26/2011$1.02$0.99ViewN/AView Earnings Details
4/26/2011$0.84$0.91ViewN/AView Earnings Details
1/31/2011$0.80$0.79ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Illinois Tool Works (NYSE:ITW)
Current Year EPS Consensus Estimate: $6.18 EPS
Next Year EPS Consensus Estimate: $6.83 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20166$1.25$1.33$1.27
Q2 20167$1.34$1.41$1.38
Q3 20163$1.47$1.51$1.49
Q4 20164$1.37$1.44$1.40
Q1 20173$1.42$1.45$1.44
Q2 20173$1.55$1.60$1.58
Q3 20173$1.60$1.69$1.65
Q4 20173$1.50$1.51$1.50
Q1 20182$1.53$1.56$1.55
Q2 20182$1.69$1.72$1.71
Q3 20182$1.76$1.92$1.84
Q4 20182$1.69$1.71$1.70
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Illinois Tool Works (NYSE:ITW)
Annual Dividend:$2.60
Dividend Yield:2.00%
Dividend Growth:24.90% (3 Year Average)
Payout Ratio:45.61% (Based on Trailing 12 Months of Earnings)
42.07% (Based on Current Year Consensus EPS Estimate)
38.07% (Based on Next Year Consensus EPS Estimate)
Track Record:53 Years of Consecutive Dividend Growth

Dividend History for Illinois Tool Works (NYSE:ITW)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/10/2017quarterly$0.652.01%3/29/20173/31/20174/11/2017
10/28/2016quarterly$0.652.29%12/28/201612/30/20161/11/2017
8/5/2016quarterly$0.652.21%9/28/20169/30/201610/6/2016
5/6/2016quarterly$0.552.11%6/28/20166/30/20167/8/2016
2/12/2016quarterly$0.552.32%3/29/20163/31/20164/7/2016
10/30/2015quarterly$0.552.35%12/29/201512/31/20151/7/2016
8/7/2015quarterly$0.552.47%9/28/20159/30/201510/6/2015
5/8/2015quarterly$0.492.03%6/26/20156/30/20157/7/2015
2/13/2015quarterly$0.491.98%3/27/20153/31/20154/7/2015
10/31/2014quarterly$0.492.13%12/29/201412/31/20141/6/2015
8/8/2014quarterly$0.492.29%9/26/20149/30/201410/7/2014
5/2/2014quarterly$0.421.96%6/26/20146/30/20147/8/2014
2/14/2014quarterly$0.422.1%3/27/20143/31/20144/8/2014
11/1/2013quarterly$0.422.12%12/27/201312/31/20131/7/2014
8/2/2013quarterly$0.422.28%9/26/20139/30/201310/8/2013
5/3/2013quarterly$0.382.31%6/26/20136/28/20137/9/2013
2/15/2013quarterly$0.382.37%3/26/20133/28/20134/9/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Illinois Tool Works (NYSE:ITW)
Insider Ownership Percentage: 0.80%
Institutional Ownership Percentage: 74.80%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/13/2017Lei Zhang SchlitzInsiderSell33,629$129.49$4,354,619.21View SEC Filing  
12/14/2016Ernest Scott SantiCEOSell25$125.44$3,136.00View SEC Filing  
11/22/2016Michael R ZimmermanInsiderSell9,238$123.63$1,142,093.94View SEC Filing  
11/16/2016David C ParryVice ChairmanSell31,037$124.26$3,856,657.62View SEC Filing  
11/10/2016Sundaram NagarajanInsiderSell34,299$122.62$4,205,743.38View SEC Filing  
10/25/2016Jay L HendersonDirectorBuy4,000$111.94$447,760.00View SEC Filing  
9/7/2016Sundaram NagarajanInsiderSell4,560$119.50$544,920.00View SEC Filing  
8/11/2016David C ParryVice ChairmanSell40,000$118.49$4,739,600.00View SEC Filing  
7/22/2016Ernest Scott SantiCEOSell74,077$114.24$8,462,556.48View SEC Filing  
7/21/2016John R HartnettInsiderSell7,500$114.08$855,600.00View SEC Filing  
7/21/2016Michael M LarsenCFOSell14,000$113.99$1,595,860.00View SEC Filing  
7/21/2016Randall J ScheunemanVPSell15,641$114.21$1,786,358.61View SEC Filing  
7/12/2016Sundaram NagarajanEVPSell4,560$110.00$501,600.00View SEC Filing  
5/16/2016David C ParryVice ChairmanSell10,000$104.35$1,043,500.00View SEC Filing  
5/10/2016Christopher A O'herlihyVice ChairmanSell22,941$105.42$2,418,440.22View SEC Filing  
5/10/2016Lei Zhang SchlitzEVPSell2,500$104.63$261,575.00View SEC Filing  
5/6/2016Lei Zhang SchlitzEVPSell1,919$103.78$199,153.82View SEC Filing  
5/3/2016Roland M MartelEVPSell70,000$104.30$7,301,000.00View SEC Filing  
4/28/2016Lei Zhang SchlitzEVPSell2,500$105.17$262,925.00View SEC Filing  
4/25/2016David C ParryVice ChairmanSell8,000$104.41$835,280.00View SEC Filing  
2/8/2016Kevin M WarrenDirectorSell5,500$89.54$492,470.00View SEC Filing  
2/3/2016David C. ParryVice ChairmanSell70,000$89.30$6,251,000.00View SEC Filing  
9/1/2015Mary Katherine LawlerSVPBuy1,807$82.57$149,203.99View SEC Filing  
5/26/2015David C ParryVice ChairmanSell60,000$95.30$5,718,000.00View SEC Filing  
3/13/2015David C ParryVice ChairmanSell8,900$97.57$868,373.00View SEC Filing  
2/26/2015Steven L MartindaleEVPSell77,031$99.45$7,660,732.95View SEC Filing  
2/6/2015Maria C GreenVPSell13,000$97.50$1,267,500.00View SEC Filing  
2/3/2015Roland M MartelEVPSell60,000$95.00$5,700,000.00View SEC Filing  
1/28/2015Kevin M WarrenDirectorSell3,000$93.25$279,750.00View SEC Filing  
12/5/2014Christopher A O'herlihyEVPSell13,007$96.79$1,258,947.53View SEC Filing  
11/26/2014John R HartnettEVPSell3,507$95.36$334,427.52View SEC Filing  
10/30/2014Juan VallsEVPSell30,000$89.46$2,683,800.00View SEC Filing  
10/29/2014Sundaram NagarajanEVPSell11,012$90.03$991,410.36View SEC Filing  
8/21/2014Richard H LennyDirectorBuy1,000$89.17$89,170.00View SEC Filing  
7/30/2014David C ParryChairmanSell64,818$84.02$5,446,008.36View SEC Filing  
5/28/2014Robert C MccormackDirectorSell98,300$86.71$8,523,593.00View SEC Filing  
5/15/2014David ParryChairmanSell30,703$85.36$2,620,808.08View SEC Filing  
4/28/2014Robert MccormackDirectorSell28,700$84.55$2,426,585.00View SEC Filing  
4/23/2014Sharon BradySVPSell16,205$85.52$1,385,851.60View SEC Filing  
12/24/2013Sharon BradySVPSell30,000$83.02$2,490,600.00View SEC Filing  
12/9/2013Robert MccormackDirectorSell104,000$80.11$8,331,440.00View SEC Filing  
10/25/2013David C ParryChairmanSell20,000$78.04$1,560,800.00View SEC Filing  
10/23/2013Sharon M BradySVPSell60,000$78.01$4,680,600.00View SEC Filing  
9/11/2013Michael LarsenCFOBuy7,000$74.25$519,750.00View SEC Filing  
8/2/2013Ernest Scott SantiCEOSell46,250$75.00$3,468,750.00View SEC Filing  
7/29/2013Sundaram NagarajanEVPSell36,399$72.03$2,621,819.97View SEC Filing  
7/26/2013Sundaram NagarajanEVPSell2,254$72.00$162,288.00View SEC Filing  
7/25/2013Maria C GreenVPSell6,500$72.13$468,845.00View SEC Filing  
6/14/2013Ernest Scott SantiCEOSell46,250$70.42$3,256,925.00View SEC Filing  
6/5/2013David C ParryChairmanSell35,000$69.31$2,425,850.00View SEC Filing  
5/28/2013Sharon M BradySVPSell38,789$70.98$2,753,243.22View SEC Filing  
5/21/2013Timothy J GardnerEVPSell32,236$71.16$2,293,913.76View SEC Filing  
5/14/2013Craig A HindmanEVPSell80,000$69.36$5,548,800.00View SEC Filing  
12/3/2012Ernest Scott SantiCEOSell80,000$61.29$4,903,200.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Illinois Tool Works (NYSE:ITW)
DateHeadline
News IconAre Analysts Optimistic About Where Illinois Tool Works Inc. (NYSE:ITW) is Heading? - Winfield Review (NYSE:ITW)
winfieldreview.com - February 22 at 6:14 PM
News IconTraders Secrets on American Electric Power Company, Inc. (AEP), Illinois Tool Works Inc. (ITW) - StockNewsJournal (NYSE:ITW)
stocknewsjournal.com - February 22 at 6:14 PM
News IconThe Bears And Bulls Square Off On Illinois Tool Works Inc. (ITW) - NY Stock News (NYSE:ITW)
nystocknews.com - February 22 at 6:14 PM
News IconSell-Side Analyst's Predictions: Illinois Tool Works Inc. (ITW), Intuit Inc. (INTU) - The USA Commerce (NYSE:ITW)
www.theusacommerce.com - February 22 at 6:14 PM
News IconCheck on Ratings and Recommendations: Illinois Tool Works Inc. (NYSE:ITW) - Post Registrar (NYSE:ITW)
postregistrar.com - February 20 at 5:28 PM
marketexclusive.com logoAnalyst Downgrades – Illinois Tool Works (NYSE:ITW) Stock Gets Downgraded By Goldman Sachs Group, Inc. (The) from Neutral to Sell (NYSE:ITW)
marketexclusive.com - February 17 at 5:24 PM
us.rd.yahoo.com logoIllinois Tool downgraded by Goldman (NYSE:ITW)
us.rd.yahoo.com - February 17 at 5:24 PM
finance.yahoo.com logoILLINOIS TOOL WORKS INC Financials (NYSE:ITW)
finance.yahoo.com - February 16 at 4:53 PM
News IconExecutive Vice President of Illinois Tool Works Inc (NYSE:ITW), Schlitz Lei Zhang, sells 33,629 shares worth $4,354,692 (NYSE:ITW)
empowerednews.net - February 15 at 12:25 AM
globenewswire.com logoITW to Present at Upcoming Investor Events NYSE:ITW - GlobeNewswire (press release) (NYSE:ITW)
globenewswire.com - February 14 at 7:24 PM
seekingalpha.com logoHere's Why I'm Selling Illinois Tool Works For A 60+% Profit - Seeking Alpha (NYSE:ITW)
seekingalpha.com - February 14 at 7:24 PM
finance.yahoo.com logoITW to Present at Upcoming Investor Events (NYSE:ITW)
finance.yahoo.com - February 14 at 7:24 PM
marketwatch.com logo10-K: ILLINOIS TOOL WORKS INC (NYSE:ITW)
www.marketwatch.com - February 10 at 6:47 PM
biz.yahoo.com logoILLINOIS TOOL WORKS INC Files SEC form 10-K, Annual Report (NYSE:ITW)
biz.yahoo.com - February 10 at 6:47 PM
feeds.benzinga.com logoITW Board of Directors Declares Quarterly Dividend (NYSE:ITW)
feeds.benzinga.com - February 10 at 12:34 PM
seekingalpha.com logoIllinois Tool Works Has More Room To Run (NYSE:ITW)
seekingalpha.com - February 10 at 5:01 AM
realistinvestor.com logoResearch Analysts Set Illinois Tool Works Inc. (NYSE:ITW) Price Target at $128.1 (NYSE:ITW)
www.realistinvestor.com - February 9 at 6:58 PM
biz.yahoo.com logoILLINOIS TOOL WORKS INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NYSE:ITW)
biz.yahoo.com - February 9 at 6:57 PM
News IconIs now the time to buy Illinois Tool Works Inc. (NYSE:ITW):? Analysts Weighing in - Midway Monitor (NYSE:ITW)
midwaymonitor.com - February 9 at 4:49 AM
finance.yahoo.com logoPaslode Introduces Powermaster™ Pro Framing Nailer (NYSE:ITW)
finance.yahoo.com - February 7 at 7:19 PM
News IconIllinois Tool Works Inc. (NYSE:ITW) Quarterly growth Review - The Newburgh Press (NYSE:ITW)
newburghpress.com - February 7 at 4:06 AM
forbes.com logoWhy Illinois Tool Works is a Top Socially Responsible Dividend Stock (NYSE:ITW)
www.forbes.com - February 6 at 8:45 AM
streetinsider.com logoForm 3 ILLINOIS TOOL WORKS INC For: Jan 30 Filed by: Finch Norman D. Jr. (NYSE:ITW)
www.streetinsider.com - February 3 at 11:40 PM
News IconIllinois Tool Wks INC (ITW) Stock Rose While Northern Trust Corp Has Boosted Stake by $14.43 Million (NYSE:ITW)
randolphguide.com - February 2 at 6:44 PM
capitalcube.com logoETFs with exposure to Illinois Tool Works, Inc. : February 2, 2017 (NYSE:ITW)
www.capitalcube.com - February 2 at 6:44 PM
News IconAs Illinois Tool Works INC (ITW) Market Value Rose, Thompson Investment Management INC Cut Its Holding by $3.24 Million (NYSE:ITW)
randolphguide.com - February 1 at 6:48 PM
seekingalpha.com logoIllinois Tool Works Running Like A Machine (NYSE:ITW)
seekingalpha.com - January 31 at 6:47 PM
News IconTop Gainers of the Day: Illinois Tool Works Inc. (NYSE:ITW) from Diversified Machinery (NYSE:ITW)
twincountynews.com - January 31 at 6:47 PM
News IconDiversified Machinery: Illinois Tool Works Inc. (NYSE:ITW) Position of the day (NYSE:ITW)
twincountynews.com - January 29 at 6:17 PM
News IconIllinois Tool Works Inc. (NYSE:ITW) Reviewed By Analysts (NYSE:ITW)
ekosvoice.com - January 28 at 1:07 AM
News IconDenali Advisors LLC Has Cut Illinois Tool Works INC (ITW) Holding by $4.00 Million (NYSE:ITW)
randolphguide.com - January 28 at 1:07 AM
News IconIs Illinois Tool Works Inc. (NYSE:ITW), a large market cap stock a smart buy? (NYSE:ITW)
twincountynews.com - January 28 at 1:07 AM
News IconLeading stocks in today’s market: Illinois Tool Works Inc. (NYSE:ITW) (NYSE:ITW)
twincountynews.com - January 27 at 5:46 AM
fool.com logoFor Illinois Tool Works, Another Impressive Quarter (NYSE:ITW)
www.fool.com - January 26 at 10:48 PM
News IconSell-side Taking Aim at Shares of Illinois Tool Works Inc. (NYSE:ITW) - Aiken Advocate (NYSE:ITW)
aikenadvocate.com - January 26 at 7:43 PM
nasdaq.com logoIllinois Tool Works Reaffirms 2017 Performance Expectations - Quick Facts - Nasdaq (NYSE:ITW)
www.nasdaq.com - January 26 at 7:43 PM
nasdaq.com logoITW Crosses Above Average Analyst Target - Nasdaq (NYSE:ITW)
www.nasdaq.com - January 26 at 7:43 PM
capitalcube.com logoIllinois Tool Works, Inc. :ITW-US: Earnings Analysis: Q4, 2016 By the Numbers : January 26, 2017 (NYSE:ITW)
www.capitalcube.com - January 26 at 7:43 PM
News IconWill Illinois Tool Works Inc. (NYSE:ITW) be Surging after Earnings Report? (NYSE:ITW)
latribunadecanarias.com - January 26 at 5:30 AM
News IconIllinois Tool Works Beats Estimates, Paints Strong Growth Potential (NYSE:ITW)
news.medill.northwestern.edu - January 26 at 12:28 AM
finance.yahoo.com logoEdited Transcript of ITW earnings conference call or presentation 25-Jan-17 3:00pm GMT (NYSE:ITW)
finance.yahoo.com - January 26 at 12:28 AM
News IconIllinois Tool Works (NYSE:ITW) 4Q16 earnings sneak peak (NYSE:ITW)
stockmarketdaily.co - January 25 at 7:26 PM
rttnews.com logoIllinois Tool Works Inc Bottom Line Rises 13% In Q4 (NYSE:ITW)
www.rttnews.com - January 25 at 7:26 PM
wsj.com logoIllinois Tool Works Profit, Sales Rise (NYSE:ITW)
www.wsj.com - January 25 at 7:26 PM
seekingalpha.com logoIllinois Tool Works Inc. 2016 Q2 - Results - Earnings Call Slides (NYSE:ITW)
seekingalpha.com - January 25 at 7:26 PM
News IconIs there Upside to Illinois Tool Works Inc. (NYSE:ITW) ? (NYSE:ITW)
thecelebritytruth.com - January 25 at 7:26 PM
biz.yahoo.com logoQ4 2016 Illinois Tool Works Inc Earnings Release - 08:00 am ET (NYSE:ITW)
us.rd.yahoo.com - January 25 at 7:26 PM
us.rd.yahoo.com logoITW Reports Fourth-Quarter and Full-Year 2016 Results (NYSE:ITW)
us.rd.yahoo.com - January 25 at 7:26 PM
us.rd.yahoo.com logo8:04 am Illinois Tool beats by $0.02, reports revs in-line; guides Q1 EPS in-line; reaffirms FY17 EPS guidance (NYSE:ITW)
us.rd.yahoo.com - January 25 at 7:26 PM
capitalcube.com logoIllinois Tool Works, Inc. breached its 50 day moving average in a Bullish Manner : ITW-US : January 25, 2017 (NYSE:ITW)
us.rd.yahoo.com - January 25 at 7:26 PM

Social

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, February 10th. Shareholders of record on Friday, March 31st will be paid a dividend of $0.65 per share on Tuesday, April 11th. This represents a $2.60 annualized dividend and a yield of 2.00%. The ex-dividend date is Wednesday, March 29th.

Where is Illinois Tool Works' stock going? Where will Illinois Tool Works' stock price be in 2017?

15 equities research analysts have issued 12 month price objectives for Illinois Tool Works' shares. Their predictions range from $93.00 to $145.00. On average, they anticipate Illinois Tool Works' stock price to reach $119.79 in the next year.

When will Illinois Tool Works announce their earnings?

Illinois Tool Works is scheduled to release their next quarterly earnings announcement on Tuesday, April, 18th 2017.

What are analysts saying about Illinois Tool Works stock?

Here are some recent quotes from research analysts about Illinois Tool Works stock:

  • According to Zacks Investment Research, "In the last one year, Illinois Tool's shares have outperformed the Zacks categorized Machinery-General Industrial market. Also, over the long run, the company's organic and inorganic growth tactics, its long-term Enterprise Strategy and sound capital allocation schemes will likely prove beneficial. For 2016, the company increased its earnings guidance to $5.56-$5.66 per share from the previous expectation of $5.50-$5.70. Operating margin is expected to exceed 22.5%, including more than 100 basis points (bps) contribution from enterprise initiatives. For 2017, the company anticipates 9% year-over-year growth in earnings per share. Over the last 60 days, earnings estimates on the stock increased for 2017." (1/19/2017)

  • Jefferies Group LLC analysts commented, "ITW hosted an Investor Day in New York this morning and provided initial guidance for 2017. Organic revenue growth of 1.5-3.5% and 100bps of EBIT expansion from Enterprise Initiatives are projected to yield EPS in the range of $6.00-$6.20 (Consensus at $6.14 on revenue growth of 3%). With a strong history of execution and low drama, we continue to view ITW as a core holding. Bottom Line: 2017 another year of stable growth. ITW’s preliminary forecast for organic revenue growth of 1.5-3.5% for 2017 compares to current consensus forecast of ~3% but assumes no improvement in end market trends. The guidance includes roughly 50bps of headwind from Product Line Simplification (PLS) actions, lower than the 100bps headwind since 2014-16. ITW’s targeted EPS range of $6.00-$6.20 compares to current consensus of $6.14. Of note: ITW’s 2017 EBIT margin target is 23.5%, 100bps above the 2016 target, and indeed management noted the target could be conservative." (12/5/2016)

Who owns Illinois Tool Works stock?

Illinois Tool Works' stock is owned by many different of institutional and retail investors. Top institutional shareholders include State Street Corp (4.24%), FMR LLC (0.98%), Janus Capital Management LLC (0.71%), Franklin Resources Inc. (0.40%), Coho Partners Ltd. (0.29%) and AQR Capital Management LLC (0.24%). Company insiders that own Illinois Tool Works stock include Christopher A O'herlihy, David C Parry, Ernest Scott Santi, Jay L Henderson, John R Hartnett, Kevin M Warren, Lei Zhang Schlitz, Mary Katherine Lawler, Michael M Larsen, Michael R Zimmerman, Randall J Scheuneman, Roland M Martel, Steven L Martindale and Sundaram Nagarajan.

Who sold Illinois Tool Works stock? Who is selling Illinois Tool Works stock?

Illinois Tool Works' stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, O Shaughnessy Asset Management LLC, Alyeska Investment Group L.P., Teachers Retirement System of The State of Kentucky, Zurich Insurance Group Ltd FI, Envestnet Asset Management Inc., Franklin Resources Inc. and New York State Teachers Retirement System. Company insiders that have sold Illinois Tool Works stock in the last year include Christopher A O'herlihy, David C Parry, Ernest Scott Santi, John R Hartnett, Lei Zhang Schlitz, Michael M Larsen, Michael R Zimmerman, Randall J Scheuneman, Roland M Martel and Sundaram Nagarajan.

Who bought Illinois Tool Works stock? Who is buying Illinois Tool Works stock?

Illinois Tool Works' stock was bought by a variety of institutional investors in the last quarter, including Janus Capital Management LLC, Asset Management One Co. Ltd., State Street Corp, Congress Asset Management Co. MA, Elkfork Partners LLC, Russell Investments Group Ltd., AMF Pensionsforsakring AB and Tyers Asset Management LLC. Company insiders that have bought Illinois Tool Works stock in the last two years include Jay L Henderson and Mary Katherine Lawler.

How do I buy Illinois Tool Works stock?

Shares of Illinois Tool Works can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Illinois Tool Works stock cost?

One share of Illinois Tool Works stock can currently be purchased for approximately $130.12.

Illinois Tool Works (NYSE:ITW) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Illinois Tool Works (NYSE:ITW)

Earnings History Chart

Earnings by Quarter for Illinois Tool Works (NYSE:ITW)

Dividend History Chart

Dividend Payments by Quarter for Illinois Tool Works (NYSE:ITW)

Last Updated on 2/23/2017 by MarketBeat.com Staff