NYSE:ITW - Illinois Tool Works Stock Price, Price Target & More

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

Illinois Tool Works declared a quarterly dividend on Friday, May 4th. Shareholders of record on Friday, June 29th will be paid a dividend of $0.78 per share on Wednesday, July 11th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date is Thursday, June 28th. View Illinois Tool Works' Dividend History.

Illinois Tool Works Inc. (NYSE:ITW) announced its earnings results on Thursday, April, 26th. The industrial products company reported $1.90 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.86 by $0.04. The industrial products company earned $3.74 billion during the quarter, compared to analyst estimates of $3.69 billion. Illinois Tool Works had a net margin of 12.36% and a return on equity of 51.79%. The firm's revenue was up 7.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.54 EPS. View Illinois Tool Works' Earnings History.

Illinois Tool Works is scheduled to release their next quarterly earnings announcement on Monday, July, 23rd 2018. View Earnings Estimates for Illinois Tool Works.

Illinois Tool Works updated its FY18 earnings guidance on Thursday, April, 26th. The company provided earnings per share guidance of $7.60-7.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $7.69. Illinois Tool Works also updated its Q2 guidance to $1.90-2.00 EPS.

15 brokers have issued 1-year target prices for Illinois Tool Works' shares. Their predictions range from $151.00 to $202.00. On average, they anticipate Illinois Tool Works' share price to reach $176.6429 in the next year. View Analyst Ratings for Illinois Tool Works.

Some companies that are related to Illinois Tool Works include Zebra Technologies (ZBRA), Gardner Denver (GDI), Gates Industrial (GTES), IMI (IMIAY), Rexnord (RXN), Twin Disc (TWIN) and Graham (GHM).

Media stories about ITW stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Illinois Tool Works earned a news sentiment score of 0.13 on Accern's scale. They also assigned news coverage about the industrial products company an impact score of 46.37 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Illinois Tool Works' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.31%), Northern Trust Corp (4.50%), Wells Fargo & Company MN (2.59%), JPMorgan Chase & Co. (1.72%), Massachusetts Financial Services Co. MA (1.62%) and PNC Financial Services Group Inc. (0.51%). 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, Randall J Scheuneman, Roland M Martel, Steven L Martindale and Sundaram Nagarajan. View Institutional Ownership Trends for Illinois Tool Works.

ITW stock was sold by a variety of institutional investors in the last quarter, including Coho Partners Ltd., Old Mutual Global Investors UK Ltd., State of Tennessee Treasury Department, Swiss National Bank, Wells Fargo & Company MN, WINTON GROUP Ltd, Envestnet Asset Management Inc. and Russell Investments Group Ltd.. 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.

ITW stock was bought by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., BlackRock Inc., JPMorgan Chase & Co., Millennium Management LLC, Massachusetts Financial Services Co. MA, Rockefeller Capital Management L.P., Summit Trail Advisors LLC and Element Capital Management LLC. Company insiders that have bought Illinois Tool Works stock in the last two years include Jay L Henderson and Norman D Jr Finch. View Insider Buying and Selling for 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.

One share of ITW stock can currently be purchased for approximately $142.97.

Illinois Tool Works has a market capitalization of $48.48 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.

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]