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

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$131.04 -2.20 (-1.65 %)
(As of 12/16/2018 04:00 PM ET)
Previous Close$131.04
Today's Range$130.35 - $133.65
52-Week Range$119.38 - $179.07
Volume1.99 million shs
Average Volume1.50 million shs
Market Capitalization$43.48 billion
P/E Ratio19.88
Dividend Yield3.05%
Beta1.28
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 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
Current SymbolNYSE:ITW
Previous Symbol
CUSIP45230810
Phone847-724-7500

Debt

Debt-to-Equity Ratio1.71
Current Ratio1.62
Quick Ratio1.26

Price-To-Earnings

Trailing P/E Ratio19.88
Forward P/E Ratio17.24
P/E Growth1.74

Sales & Book Value

Annual Sales$14.31 billion
Price / Sales3.04
Cash Flow$8.0196 per share
Price / Cash Flow16.34
Book Value$13.40 per share
Price / Book9.78

Profitability

EPS (Most Recent Fiscal Year)$6.59
Net Income$1.69 billion
Net Margins12.69%
Return on Equity63.11%
Return on Assets15.92%

Miscellaneous

Employees50,000
Outstanding Shares331,800,000
Market Cap$43.48 billion
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 announced a quarterly dividend on Thursday, November 1st. Stockholders of record on Monday, December 31st will be given a dividend of $1.00 per share on Thursday, January 10th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date is Friday, December 28th. View Illinois Tool Works' Dividend History.

How will Illinois Tool Works' stock buyback program work?

Illinois Tool Works announced that its board has approved a share buyback plan on Friday, August 3rd 2018, which permits the company to buyback $3,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 6.4% of its shares through open market purchases. Shares buyback plans are typically a sign 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) issued its quarterly earnings results on Wednesday, October, 24th. The industrial products company reported $1.90 EPS for the quarter, topping analysts' consensus estimates of $1.88 by $0.02. The industrial products company earned $3.61 billion during the quarter, compared to the consensus estimate of $3.72 billion. Illinois Tool Works had a return on equity of 63.11% and a net margin of 12.69%. Illinois Tool Works's quarterly revenue was down .1% compared to the same quarter last year. During the same period last year, the business earned $1.71 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 Wednesday, January 23rd 2019. 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 fourth quarter 2018 earnings guidance on Wednesday, October, 24th. The company provided earnings per share guidance of $1.78-1.88 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.86. Illinois Tool Works also updated its FY18 guidance to $7.55-7.65 EPS.

What price target have analysts set for ITW?

17 Wall Street analysts have issued 1 year price targets for Illinois Tool Works' shares. Their predictions range from $130.00 to $200.00. On average, they expect Illinois Tool Works' share price to reach $146.5714 in the next twelve months. This suggests a possible upside of 11.9% 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, 12 hold ratings and 4 buy ratings 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?

Media headlines about ITW stock have trended somewhat positive on Sunday, according to InfoTrie. The research firm identifies negative and positive press coverage by analyzing 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 five, with scores nearest to five being the most favorable. Illinois Tool Works earned a news impact score of 1.0 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

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)

Who are Illinois Tool Works' major shareholders?

Illinois Tool Works' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc (7.72%), BlackRock Inc. (6.42%), Wells Fargo & Company MN (2.50%), Massachusetts Financial Services Co. MA (2.06%), Capital Research Global Investors (1.82%) and JPMorgan Chase & Co. (1.76%). Company insiders that own Illinois Tool Works stock include Christopher A O'herlihy, Ernest Scott Santi, Harold B Smith, 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 institutional investors are selling Illinois Tool Works stock?

ITW stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Prudential Financial Inc., Robeco Institutional Asset Management B.V., Robeco Institutional Asset Management B.V., Wells Fargo & Company MN, Mitsubishi UFJ Trust & Banking Corp, Glenmede Trust Co. NA and Korea Investment CORP. Company insiders that have sold Illinois Tool Works company stock in the last year include Ernest Scott Santi, 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 Massachusetts Financial Services Co. MA, Bank of New York Mellon Corp, BlackRock Inc., Bristol John W & Co. Inc. NY, Vanguard Group Inc, JPMorgan Chase & Co., Morgan Stanley and Deutsche Bank AG. 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 $131.04.

How big of a company is Illinois Tool Works?

Illinois Tool Works has a market capitalization of $43.48 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.

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:  484 (Vote Outperform)
Underperform Votes:  534 (Vote Underperform)
Total Votes:  1,018
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 12/16/2018 by MarketBeat.com Staff

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