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 annualized dividend and a yield of 2.16%. 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 EPS for the quarter, beating analysts' consensus estimates of $1.86 by $0.04. The industrial products company had revenue of $3.74 billion for the quarter, compared to analyst estimates of $3.69 billion. Illinois Tool Works had a return on equity of 51.79% and a net margin of 12.36%. The business's quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter last year, the company earned $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 issued an update on its FY18 earnings guidance on Thursday, April, 26th. The company provided EPS guidance of $7.60-7.80 for the period, compared to the Thomson Reuters consensus estimate of $7.69. Illinois Tool Works also updated its Q2 guidance to $1.90-2.00 EPS.

18 analysts have issued 12 month price targets for Illinois Tool Works' stock. Their forecasts range from $151.00 to $202.00. On average, they anticipate Illinois Tool Works' share price to reach $173.5625 in the next year. This suggests a possible upside of 20.4% 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).

News stories about ITW stock have been trending somewhat positive this week, according to Accern. The research group ranks the sentiment of news coverage by reviewing more than twenty 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 nearest to one being the most favorable. Illinois Tool Works earned a coverage optimism score of 0.20 on Accern's scale. They also gave media coverage about the industrial products company an impact score of 45.88 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Illinois Tool Works' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Bank of Montreal Can (0.17%), Fenimore Asset Management Inc. (0.10%), Confluence Investment Management LLC (0.09%), Retirement Systems of Alabama (0.08%), Nisa Investment Advisors LLC (0.05%) and Lodestar Investment Counsel LLC IL (0.04%). 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 Westpac Banking Corp, Bank of Montreal Can, Bremer Trust National Association, NN Investment Partners Holdings N.V., Fenimore Asset Management Inc., Retirement Systems of Alabama, Union Bankshares Corp and Central Bank & Trust Co.. 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 purchased by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, Clinton Group Inc., Confluence Investment Management LLC, State of Alaska Department of Revenue, Amalgamated Bank, Cullinan Associates Inc., Campbell & CO Investment Adviser LLC and DnB Asset Management AS. 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 $144.12.

Illinois Tool Works has a market capitalization of $48.51 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]