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DOW   30,996.98
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S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
S&P 500   3,841.47
DOW   30,996.98
QQQ   325.42
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NYSE:ITW

Illinois Tool Works Stock Forecast, Price & News

$203.46
-0.37 (-0.18 %)
(As of 01/22/2021 12:00 AM ET)
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Today's Range
$201.10
Now: $203.46
$204.18
50-Day Range
$199.67
MA: $204.49
$209.34
52-Week Range
$115.94
Now: $203.46
$224.69
Volume662,000 shs
Average Volume957,221 shs
Market Capitalization$64.40 billion
P/E Ratio30.83
Dividend Yield2.24%
Beta1.07
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; and metal arc welding consumables and related accessories. 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 headquartered in Glenview, Illinois.
Illinois Tool Works logo

MarketRank

Overall MarketRank

2.54 out of 5 stars

Industrial Products Sector

5th out of 397 stocks

General Industrial Machinery & Equipment Industry

1st out of 11 stocks

Analyst Opinion: 2.1Community Rank: 2.3Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry General industrial machinery & equipment
Sub-IndustryIndustrial Machinery
CUSIP45230810
Phone847-724-7500
Employees45,000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$14.11 billion
Cash Flow$9.01 per share
Book Value$9.43 per share

Profitability

Net Income$2.52 billion

Miscellaneous

Market Cap$64.40 billion
Next Earnings Date2/5/2021 (Confirmed)
OptionableOptionable
$203.46
-0.37 (-0.18 %)
(As of 01/22/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Illinois Tool Works (NYSE:ITW) Frequently Asked Questions

How has Illinois Tool Works' stock price been impacted by COVID-19?

Illinois Tool Works' stock was trading at $158.43 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ITW shares have increased by 28.4% and is now trading at $203.46.
View which stocks have been most impacted by COVID-19
.

Is Illinois Tool Works a buy right now?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Illinois Tool Works in the last year. There are currently 2 sell ratings, 12 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Illinois Tool Works stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ITW, but not buy additional shares or sell existing shares.
View analyst ratings for Illinois Tool Works
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Illinois Tool Works?

Wall Street analysts have given Illinois Tool Works a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Illinois Tool Works wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is E. Scott Santi's approval rating as Illinois Tool Works' CEO?

204 employees have rated Illinois Tool Works CEO E. Scott Santi on Glassdoor.com. E. Scott Santi has an approval rating of 94% among Illinois Tool Works' employees. This puts E. Scott Santi in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

When is Illinois Tool Works' next earnings date?

Illinois Tool Works is scheduled to release its next quarterly earnings announcement on Friday, February 5th 2021.
View our earnings forecast for Illinois Tool Works
.

How can I listen to Illinois Tool Works' earnings call?

Illinois Tool Works will be holding an earnings conference call on Friday, February 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Illinois Tool Works' earnings last quarter?

Illinois Tool Works Inc. (NYSE:ITW) announced its earnings results on Friday, October, 23rd. The industrial products company reported $1.83 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.45 by $0.38. The industrial products company had revenue of $3.31 billion for the quarter, compared to analyst estimates of $2.94 billion. Illinois Tool Works had a net margin of 16.77% and a trailing twelve-month return on equity of 80.95%. Illinois Tool Works's revenue was down 4.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.04 earnings per share.
View Illinois Tool Works' earnings history
.

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, October 30th. Investors of record on Thursday, December 31st will be paid a dividend of $1.14 per share on Thursday, January 14th. This represents a $4.56 annualized dividend and a dividend yield of 2.24%. The ex-dividend date is Wednesday, December 30th.
View Illinois Tool Works' dividend history
.

Is Illinois Tool Works a good dividend stock?

Illinois Tool Works pays an annual dividend of $4.56 per share and currently has a dividend yield of 2.24%. Illinois Tool Works has been increasing its dividend for 50 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Illinois Tool Works is 58.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Illinois Tool Works will have a dividend payout ratio of 60.48% next year. This indicates that Illinois Tool Works will be able to sustain or increase its dividend.
View Illinois Tool Works' dividend history.

What price target have analysts set for ITW?

18 equities research analysts have issued 12-month price objectives for Illinois Tool Works' shares. Their forecasts range from $156.00 to $235.00. On average, they anticipate Illinois Tool Works' stock price to reach $197.00 in the next year. This suggests that the stock has a possible downside of 3.2%.
View analysts' price targets for Illinois Tool Works
or view Wall Street analyst' top-rated stocks.

Are investors shorting Illinois Tool Works?

Illinois Tool Works saw a drop in short interest in December. As of December 31st, there was short interest totaling 3,670,000 shares, a drop of 20.7% from the December 15th total of 4,630,000 shares. Based on an average daily volume of 1,070,000 shares, the short-interest ratio is currently 3.4 days. Currently, 1.2% of the company's shares are sold short.
View Illinois Tool Works' Short Interest
.

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 Johnson & Johnson (JNJ), AbbVie (ABBV), AT&T (T), The Walt Disney (DIS), The Home Depot (HD), 3M (MMM), PepsiCo (PEP), The Boeing (BA), NVIDIA (NVDA) and Exxon Mobil (XOM).

Who are Illinois Tool Works' key executives?

Illinois Tool Works' management team includes the following people:
  • Mr. E. Scott Santi, Chairman & CEO (Age 59, Pay $6.15M)
  • Mr. Michael M. Larsen, Sr. VP & CFO (Age 52, Pay $2.26M)
  • Mr. Steven L. Martindale, Exec. VP of Test & Measurement and Electronics Segment (Age 65, Pay $1.41M)
  • Mr. Christopher A. O'Herlihy, Vice Chairman (Age 57, Pay $2.24M)
  • Mr. John R. Hartnett, Exec. VP of Welding Segment (Age 61, Pay $1.22M)
  • Mr. Randall J. Scheuneman, VP & Chief Accounting Officer (Age 53)
  • Ms. Karen A. Fletcher, VP of Investor Relations (Age 61)
  • Mr. Norman Dale Finch Jr., Sr. VP, Gen. Counsel & Sec. (Age 56)
  • Ms. Mary Katherine Lawler, Sr. VP & Chief HR Officer (Age 55)
  • Dr. Lei Zhang Schlitz, Exec. VP of Automotive OEM (Age 54)

What is Illinois Tool Works' stock symbol?

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

Who are Illinois Tool Works' major shareholders?

Illinois Tool Works' stock is owned by a number of retail and institutional investors. Top institutional investors include Boston Trust Walden Corp (0.10%), Bartlett & Co. LLC (0.08%), Manning & Napier Group LLC (0.04%), Capital Investment Services of America Inc. (0.04%), Douglas Lane & Associates LLC (0.03%) and DNB Asset Management AS (0.03%). Company insiders that own Illinois Tool Works stock include Andrew Mines, Christopher A O'herlihy, Ernest Scott Santi, John R Hartnett, Juan Valls, Lei Zhang Schlitz, Mary Katherine Lawler, 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 major investors are selling Illinois Tool Works stock?

ITW stock was sold by a variety of institutional investors in the last quarter, including Darrell & King LLC, Stack Financial Management Inc, Hexavest Inc., Boston Trust Walden Corp, Manning & Napier Group LLC, Douglas Lane & Associates LLC, Autus Asset Management LLC, and Avantax Advisory Services Inc.. Company insiders that have sold Illinois Tool Works company stock in the last year include Christopher A O'herlihy, John R Hartnett, Lei Zhang Schlitz, Mary Katherine Lawler, and Michael M Larsen.
View insider buying and selling activity for Illinois Tool Works
or view top insider-selling stocks.

Which major investors are buying Illinois Tool Works stock?

ITW stock was bought by a variety of institutional investors in the last quarter, including Liberty Capital Management Inc., Kestra Advisory Services LLC, G&S Capital LLC, Sound Financial Strategies Group LLC, IFM Investors Pty Ltd, Candriam Luxembourg S.C.A., Welch & Forbes LLC, and Louisiana State Employees Retirement System. Company insiders that have bought Illinois Tool Works stock in the last two years include Ernest Scott Santi, and Richard H Lenny.
View insider buying and selling activity for Illinois Tool Works
or or view top insider-buying stocks.

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 WeBull, 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 $203.46.

How big of a company is Illinois Tool Works?

Illinois Tool Works has a market capitalization of $64.40 billion and generates $14.11 billion in revenue each year. The industrial products company earns $2.52 billion in net income (profit) each year or $7.75 on an earnings per share basis. Illinois Tool Works employs 45,000 workers across the globe.

What is Illinois Tool Works' official website?

The official website for Illinois Tool Works is 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]

This page was last updated on 1/25/2021 by MarketBeat.com Staff

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