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

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$146.47 +0.81 (+0.56 %)
(As of 03/21/2019 04:00 PM ET)
Previous Close$145.66
Today's Range$145.04 - $146.88
52-Week Range$117.75 - $167.14
Volume1.31 million shs
Average Volume1.53 million shs
Market Capitalization$48.06 billion
P/E Ratio19.27
Dividend Yield2.75%
Beta1.2
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. The Food Equipment segment provides 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 offers 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 automotive OEM/tiers, commercial food equipment, construction, general industrial, and automotive aftermarket end 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 based in Glenview, Illinois.

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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$9.1429 per share
Book Value$9.82 per share

Profitability

Net Income$2.56 billion

Miscellaneous

Employees48,000
Market Cap$48.06 billion
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable

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 declared a quarterly dividend on Friday, February 15th. Investors of record on Friday, March 29th will be paid a dividend of $1.00 per share on Wednesday, April 10th. This represents a $4.00 annualized dividend and a dividend yield of 2.73%. The ex-dividend date is Thursday, March 28th. 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 stock repurchase program on Friday, August 3rd 2018, which permits the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 6.4% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's management believes its shares are undervalued.

How were Illinois Tool Works' earnings last quarter?

Illinois Tool Works Inc. (NYSE:ITW) announced its earnings results on Friday, February, 1st. The industrial products company reported $1.83 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.82 by $0.01. The industrial products company earned $3.58 billion during the quarter, compared to analyst estimates of $3.61 billion. Illinois Tool Works had a net margin of 17.35% and a return on equity of 69.48%. The company's revenue for the quarter was down 1.4% compared to the same quarter last year. During the same quarter last year, the company posted $1.70 EPS. 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 Thursday, April 25th 2019. View Earnings Estimates for Illinois Tool Works.

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

Illinois Tool Works updated its FY19 earnings guidance on Friday, February, 1st. The company provided earnings per share guidance of $7.90-8.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $8.03.

What price target have analysts set for ITW?

15 Wall Street analysts have issued 12-month price objectives for Illinois Tool Works' stock. Their predictions range from $115.00 to $150.00. On average, they expect Illinois Tool Works' share price to reach $133.7692 in the next year. This suggests that the stock has a possible downside of 8.7%. View Analyst Price Targets for Illinois Tool Works.

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

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Illinois Tool Works in the last year. There are currently 5 sell ratings, 9 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 somewhat negative this week, InfoTrie reports. The research firm rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Illinois Tool Works earned a media sentiment score of -1.1 on InfoTrie's scale. They also assigned news headlines about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future.

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 3M (MMM), Johnson & Johnson (JNJ), General Electric (GE), Boeing (BA), Walt Disney (DIS), Home Depot (HD), AbbVie (ABBV), NVIDIA (NVDA), PepsiCo (PEP) and AT&T (T).

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. Norman Dale Finch Jr., Sr. VP, Gen. Counsel & Sec. (Age 54)
  • 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 a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.30%), Northern Trust Corp (4.27%), Oregon Public Employees Retirement Fund (3.03%), Massachusetts Financial Services Co. MA (2.66%), Bank of New York Mellon Corp (1.44%) and Geode Capital Management LLC (1.20%). Company insiders that own Illinois Tool Works stock include Christopher A O'herlihy, Ernest Scott Santi, Harold B Smith, John R Hartnett, Juan Valls, 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 institutional investors are selling Illinois Tool Works stock?

ITW stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, BlackRock Inc., Investec Asset Management LTD, Bank of Montreal Can, Kayne Anderson Rudnick Investment Management LLC, Eaton Vance Management, Donaldson Capital Management LLC and Westfield Capital Management Co. LP. Company insiders that have sold Illinois Tool Works company stock in the last year include Christopher A O'herlihy, Ernest Scott Santi, John R Hartnett, Juan Valls, Michael M Larsen and Sundaram Nagarajan. View Insider Buying and Selling for Illinois Tool Works.

Which institutional investors are buying Illinois Tool Works stock?

ITW stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Norges Bank, Massachusetts Financial Services Co. MA, Bessemer Group Inc., Cerity Partners LLC, Coho Partners Ltd., Stifel Financial Corp and Northern Trust Corp. Company insiders that have bought Illinois Tool Works stock in the last two years include 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 $146.47.

How big of a company is Illinois Tool Works?

Illinois Tool Works has a market capitalization of $48.06 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.

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:  2.4 out of 5 (star star)
Outperform Votes:  495 (Vote Outperform)
Underperform Votes:  558 (Vote Underperform)
Total Votes:  1,053
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 3/21/2019 by MarketBeat.com Staff

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