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. Investors of record on Friday, June 29th will be given 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 2.12%. The ex-dividend date is Thursday, June 28th. View Illinois Tool Works' Dividend History.

Illinois Tool Works Inc. (NYSE:ITW) issued its earnings results on Thursday, April, 26th. The industrial products company reported $1.90 EPS 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 analysts' expectations of $3.69 billion. Illinois Tool Works had a return on equity of 51.79% and a net margin of 12.36%. The company's quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.54 earnings per share. 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 (EPS) guidance of $7.60-7.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $7.69. Illinois Tool Works also updated its Q2 guidance to $1.90-2.00 EPS.

18 brokerages have issued 12 month target prices for Illinois Tool Works' stock. Their forecasts range from $151.00 to $202.00. On average, they expect Illinois Tool Works' share price to reach $173.5625 in the next twelve months. This suggests a possible upside of 18.2% from the stock's current price. View Analyst Ratings for Illinois Tool Works.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Illinois Tool Works in the last year. There are currently 1 sell rating, 10 hold ratings, 6 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold."

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

Media headlines about ITW stock have been trending somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by reviewing more than 20 million news and blog sources in real-time. 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 media sentiment score of 0.14 on Accern's scale. They also gave media headlines about the industrial products company an impact score of 45.61 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Illinois Tool Works' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.17%), Fenimore Asset Management Inc. (0.10%), Huntington National Bank (0.10%), Factory Mutual Insurance Co. (0.09%), Confluence Investment Management LLC (0.09%) and Retirement Systems of Alabama (0.08%). 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, 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 Westpac Banking Corp, Bank of Montreal Can, Hartford Investment Management Co., Municipal Employees Retirement System of Michigan, Bremer Trust National Association, LS Investment Advisors LLC, NN Investment Partners Holdings N.V. and Fenimore Asset Management Inc.. 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 Cornerstone Wealth Management LLC, Manning & Napier Group LLC, Clinton Group Inc., Whittier Trust Co., Confluence Investment Management LLC, State of Alaska Department of Revenue, Whittier Trust Co. of Nevada Inc. and Amalgamated Bank. 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 $146.86.

Illinois Tool Works has a market capitalization of $49.75 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]