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. Stockholders 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 2.17%. The ex-dividend date of this dividend 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 net margin of 12.36% and a return on equity of 51.79%. The business's revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the business earned $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 issued an update on 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 earnings per share estimate of $7.69. Illinois Tool Works also updated its Q2 guidance to $1.90-2.00 EPS.

15 analysts have issued 1 year price targets for Illinois Tool Works' shares. Their forecasts range from $151.00 to $202.00. On average, they anticipate Illinois Tool Works' stock price to reach $176.6429 in the next year. View Analyst Ratings for Illinois Tool Works.

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

Media coverage about ITW stock has trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Illinois Tool Works earned a media sentiment score of 0.06 on Accern's scale. They also gave news stories about the industrial products company an impact score of 46.64 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Illinois Tool Works' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.31%), Northern Trust Corp (4.50%), Wells Fargo & Company MN (2.59%), JPMorgan Chase & Co. (1.72%), Massachusetts Financial Services Co. MA (1.62%) and PNC Financial Services Group Inc. (0.51%). 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 Coho Partners Ltd., Old Mutual Global Investors UK Ltd., State of Tennessee Treasury Department, Swiss National Bank, Wells Fargo & Company MN, WINTON GROUP Ltd, Envestnet Asset Management Inc. and Russell Investments Group Ltd.. 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 OppenheimerFunds Inc., BlackRock Inc., JPMorgan Chase & Co., Millennium Management LLC, Massachusetts Financial Services Co. MA, Rockefeller Capital Management L.P., Summit Trail Advisors LLC and Element Capital Management LLC. 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 $143.55.

Illinois Tool Works has a market capitalization of $50.36 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]