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

$174.19
+1.44 (+0.83 %)
(As of 12/6/2019 04:00 PM ET)
Today's Range
$174.09
Now: $174.19
$175.55
50-Day Range
$156.80
MA: $171.39
$177.21
52-Week Range
$117.75
Now: $174.19
$179.29
Volume908,602 shs
Average Volume1.29 million shs
Market Capitalization$55.99 billion
P/E Ratio22.92
Dividend Yield2.48%
Beta1.21
Illinois 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. Read More…

Industry, Sector and Symbol

Industry General industrial machinery & equipment
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
CUSIP45230810
Phone847-724-7500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$14.77 billion
Cash Flow$9.11 per share
Book Value$9.82 per share

Profitability

Net Income$2.56 billion

Miscellaneous

Employees48,000
Market Cap$55.99 billion
Next Earnings Date2/7/2020 (Estimated)
OptionableOptionable

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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 Monday, October 28th. Shareholders of record on Tuesday, December 31st will be paid a dividend of $1.07 per share on Wednesday, January 15th. This represents a $4.28 dividend on an annualized basis and a yield of 2.46%. The ex-dividend date is Monday, December 30th. 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 approved a share buyback program on Friday, August 3rd 2018, which authorizes the company to repurchase $3,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 6.4% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board of directors believes its shares are undervalued.

How were Illinois Tool Works' earnings last quarter?

Illinois Tool Works Inc. (NYSE:ITW) announced its quarterly earnings results on Friday, October, 25th. The industrial products company reported $2.04 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.94 by $0.10. The industrial products company earned $3.42 billion during the quarter, compared to the consensus estimate of $3.55 billion. Illinois Tool Works had a return on equity of 80.38% and a net margin of 17.49%. The business's revenue for the quarter was down 5.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.76 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 Friday, February 7th 2020. 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 FY19 earnings guidance on Friday, October, 25th. The company provided earnings per share guidance of $7.55-7.85 for the period, compared to the Thomson Reuters consensus estimate of $7.62.

What price target have analysts set for ITW?

13 brokerages have issued 1 year price objectives for Illinois Tool Works' shares. Their forecasts range from $121.00 to $180.00. On average, they expect Illinois Tool Works' share price to reach $146.42 in the next year. This suggests that the stock has a possible downside of 15.9%. View Analyst Price Targets for Illinois Tool Works.

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

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Illinois Tool Works in the last year. There are currently 5 sell ratings, 7 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Illinois Tool Works.

Has Illinois Tool Works been receiving favorable news coverage?

Press coverage about ITW stock has trended very positive recently, InfoTrie reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Illinois Tool Works earned a news impact score of 3.6 on InfoTrie's scale. They also assigned news headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Illinois Tool Works.

Who are some of Illinois Tool Works' key competitors?

What other stocks do shareholders of Illinois Tool Works own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Illinois Tool Works investors own include Walt Disney (DIS), 3M (MMM), Johnson & Johnson (JNJ), AbbVie (ABBV), Home Depot (HD), Boeing (BA), NVIDIA (NVDA), PepsiCo (PEP), AT&T (T) and Abbott Laboratories (ABT).

Who are Illinois Tool Works' key executives?

Illinois Tool Works' management team includes the folowing people:
  • Mr. E. Scott Santi, Chairman & CEO (Age 57)
  • Mr. Michael M. Larsen, Sr. VP & CFO (Age 50)
  • Mr. Steven L. Martindale, Exec. VP of Test & Measurement and Electronics Segment (Age 63)
  • Mr. Sundaram Nagarajan, Exec. VP of Automotive OEM Segment (Age 56)
  • Mr. Christopher A. O'Herlihy, Vice Chairman (Age 55)

Who are Illinois Tool Works' major shareholders?

Illinois Tool Works' stock is owned by many different of institutional and retail investors. Top institutional investors include State Street Corp (4.33%), Massachusetts Financial Services Co. MA (2.85%), Parametric Portfolio Associates LLC (0.42%), Sumitomo Mitsui Trust Holdings Inc. (0.39%), Coho Partners Ltd. (0.36%) and Cerity Partners LLC (0.27%). Company insiders that own Illinois Tool Works stock include Andrew Mines, Christopher A O'herlihy, Ernest Scott Santi, Harold B Smith, John R Hartnett, Juan Valls, Michael M Larsen, Michael R Zimmerman, Randall J Scheuneman, Richard H Lenny, Steven L Martindale and Sundaram Nagarajan. View Institutional Ownership Trends for Illinois Tool Works.

Which institutional investors are selling Illinois Tool Works stock?

ITW stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Donaldson Capital Management LLC, Sawgrass Asset Management LLC, Massachusetts Financial Services Co. MA, Millennium Management LLC, Tocqueville Asset Management L.P., AMF Pensionsforsakring AB and Lockheed Martin Investment Management Co.. Company insiders that have sold Illinois Tool Works company stock in the last year include Andrew Mines, Christopher A O'herlihy, Ernest Scott Santi, John R Hartnett, Juan Valls, Michael M Larsen, Michael R Zimmerman, Randall J Scheuneman, Steven L Martindale and Sundaram Nagarajan. View Insider Buying and Selling for Illinois Tool Works.

Which institutional investors are buying Illinois Tool Works stock?

ITW stock was bought by a variety of institutional investors in the last quarter, including Pictet Asset Management Ltd., State of New Jersey Common Pension Fund D, Bartlett & Co. LLC, Cerity Partners LLC, California Public Employees Retirement System, First Trust Advisors LP, Ilmarinen Mutual Pension Insurance Co and Main Street Research LLC. 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, Robinhood, Fidelity and Charles Schwab.

What is Illinois Tool Works' stock price today?

One share of ITW stock can currently be purchased for approximately $174.19.

How big of a company is Illinois Tool Works?

Illinois Tool Works has a market capitalization of $55.99 billion and generates $14.77 billion in revenue each year. The industrial products company earns $2.56 billion in net income (profit) each year or $7.60 on an earnings per share basis. Illinois Tool Works employs 48,000 workers across the globe.View Additional Information About Illinois Tool Works.

What is Illinois Tool Works' official website?

The official website for Illinois Tool Works is http://www.itw.com/.

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:  2.3 out of 5 (star star)
Outperform Votes:  539 (Vote Outperform)
Underperform Votes:  616 (Vote Underperform)
Total Votes:  1,155
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 12/7/2019 by MarketBeat.com Staff

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