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

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$138.29 -1.14 (-0.82 %)
(As of 08/21/2018 08:37 AM ET)
Previous Close$139.43
Today's Range$137.92 - $140.37
52-Week Range$134.66 - $179.07
Volume1.71 million shs
Average Volume1.86 million shs
Market Capitalization$46.76 billion
P/E Ratio20.98
Dividend Yield2.24%
Beta1.25
Illinois Tool Works logoIllinois 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
SymbolNYSE:ITW
CUSIP45230810
Phone847-724-7500

Debt

Debt-to-Equity Ratio1.60
Current Ratio1.73
Quick Ratio1.35

Price-To-Earnings

Trailing P/E Ratio20.98
Forward P/E Ratio18.10
P/E Growth1.79

Sales & Book Value

Annual Sales$14.31 billion
Price / Sales3.24
Cash Flow$7.9568 per share
Price / Cash17.38
Book Value$13.40 per share
Price / Book10.32

Profitability

EPS (Most Recent Fiscal Year)$6.59
Net Income$1.69 billion
Net Margins12.70%
Return on Equity56.74%
Return on Assets15.39%

Miscellaneous

Employees50,000
Outstanding Shares335,350,000
Market Cap$46.76 billion

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 Friday, August 3rd. Stockholders of record on Friday, September 28th will be paid a dividend of $1.00 per share on Tuesday, October 9th. This represents a $4.00 annualized dividend and a dividend yield of 2.89%. The ex-dividend date of this dividend is Thursday, September 27th. This is a boost from Illinois Tool Works's previous quarterly dividend of $0.78. View Illinois Tool Works' Dividend History.

How will Illinois Tool Works' stock buyback program work?

Illinois Tool Works declared that its board has initiated a share buyback plan on Friday, August 3rd 2018, which allows the company to buyback $3,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 6.4% of its shares through open market purchases. Shares buyback plans are generally 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 earnings results on Monday, July, 23rd. The industrial products company reported $1.97 EPS for the quarter, meeting the Zacks' consensus estimate of $1.97. The industrial products company earned $3.83 billion during the quarter, compared to analysts' expectations of $3.85 billion. Illinois Tool Works had a net margin of 12.70% and a return on equity of 56.74%. The company's quarterly revenue was up 6.4% on a year-over-year basis. During the same period last year, the business earned $1.69 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 Monday, October, 22nd 2018. View Earnings Estimates for Illinois Tool Works.

What guidance has Illinois Tool Works issued on next quarter's earnings?

Illinois Tool Works updated its FY18 earnings guidance on Monday, July, 23rd. The company provided earnings per share guidance of $7.50-7.70 for the period, compared to the Thomson Reuters consensus estimate of $7.73. Illinois Tool Works also updated its Q3 guidance to $1.80-1.90 EPS.

What price target have analysts set for ITW?

17 Wall Street analysts have issued 1 year target prices for Illinois Tool Works' stock. Their forecasts range from $141.00 to $200.00. On average, they anticipate Illinois Tool Works' stock price to reach $159.9375 in the next year. This suggests a possible upside of 15.7% 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, 11 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Illinois Tool Works.

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)

Has Illinois Tool Works been receiving favorable news coverage?

News headlines about ITW stock have been trending somewhat positive recently, Accern reports. The research firm scores the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Illinois Tool Works earned a news impact score of 0.13 on Accern's scale. They also gave media stories about the industrial products company an impact score of 47.96 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future. View Recent Headlines for Illinois Tool Works.

Who are Illinois Tool Works' major shareholders?

Illinois Tool Works' stock is owned by many different of retail and institutional investors. Top institutional investors include Briar Hall Management LLC (7.64%), BlackRock Inc. (6.19%), Wells Fargo & Company MN (2.59%), Bank of America Corp DE (1.75%), Massachusetts Financial Services Co. MA (1.63%) and Bank of New York Mellon Corp (1.17%). 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, 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 FMR LLC, BlackRock Inc., PNC Financial Services Group Inc., Dividend Assets Capital LLC, Morgan Stanley, Glenmede Trust Co. NA, Canada Pension Plan Investment Board and Sawgrass Asset Management LLC. 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.

Which institutional investors are buying Illinois Tool Works stock?

ITW stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Schroder Investment Management Group, OppenheimerFunds Inc., Janus Henderson Group PLC, Conning Inc., Caisse DE Depot ET Placement DU Quebec, Ferguson Wellman Capital Management Inc. and Schwab Charles Investment Management Inc.. Company insiders that have bought Illinois Tool Works stock in the last two years include Jay L Henderson, 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 $138.29.

How big of a company is Illinois Tool Works?

Illinois Tool Works has a market capitalization of $46.76 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.

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:  464 (Vote Outperform)
Underperform Votes:  498 (Vote Underperform)
Total Votes:  962
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 8/21/2018 by MarketBeat.com Staff

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