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

Sign in or create an account to add this stock to your watchlist.
$151.21 +1.79 (+1.20 %)
(As of 05/22/2019 07:37 AM ET)
Previous Close$149.42
Today's Range$149.6150 - $151.4973
52-Week Range$117.75 - $158.69
Volume889,683 shs
Average Volume1.38 million shs
Market Capitalization$49.26 billion
P/E Ratio19.90
Dividend Yield2.68%
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; 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 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 based in Glenview, Illinois.

Receive ITW News and Ratings via Email

Sign-up to receive the latest news and ratings for ITW and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry General industrial machinery & equipment
Sub-IndustryIndustrial Machinery
SectorIndustrial Products



Sales & Book Value

Annual Sales$14.77 billion
Cash Flow$9.1531 per share
Book Value$9.82 per share


Net Income$2.56 billion


Market Cap$49.26 billion
Next Earnings Date7/22/2019 (Estimated)

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, May 3rd. Shareholders of record on Friday, June 28th will be paid a dividend of $1.00 per share on Wednesday, July 10th. This represents a $4.00 annualized dividend and a dividend yield of 2.65%. The ex-dividend date is Thursday, June 27th. View Illinois Tool Works' Dividend History.

How will Illinois Tool Works' stock buyback program work?

Illinois Tool Works declared that its Board of Directors has approved a stock buyback program on Friday, August 3rd 2018, which authorizes the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 6.4% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its stock is undervalued.

How were Illinois Tool Works' earnings last quarter?

Illinois Tool Works Inc. (NYSE:ITW) posted its quarterly earnings data on Thursday, April, 25th. The industrial products company reported $1.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.80 by $0.01. The industrial products company earned $3.55 billion during the quarter, compared to the consensus estimate of $3.64 billion. Illinois Tool Works had a return on equity of 72.74% and a net margin of 17.21%. The business's quarterly revenue was down 5.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.90 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, July 22nd 2019. View Earnings Estimates for Illinois Tool Works.

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

Illinois Tool Works updated its FY19 earnings guidance on Thursday, April, 25th. The company provided EPS guidance of $7.90-8.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $7.94.

What price target have analysts set for ITW?

17 brokerages have issued 1-year target prices for Illinois Tool Works' shares. Their forecasts range from $124.00 to $165.00. On average, they expect Illinois Tool Works' stock price to reach $140.9333 in the next year. This suggests that the stock has a possible downside of 6.8%. 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 4 sell ratings, 11 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Illinois Tool Works.

Has Illinois Tool Works been receiving favorable news coverage?

News coverage about ITW stock has trended somewhat positive recently, according to InfoTrie. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Illinois Tool Works earned a daily sentiment score of 1.5 on InfoTrie's scale. They also assigned press coverage about the industrial products company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days.

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 3M (MMM), Walt Disney (DIS), Johnson & Johnson (JNJ), Boeing (BA), AbbVie (ABBV), Home Depot (HD), PepsiCo (PEP), General Electric (GE), NVIDIA (NVDA) and AT&T (T).

Who are Illinois Tool Works' key executives?

Illinois Tool Works' management team includes the folowing people:
  • Mr. E. Scott Santi, Chairman & CEO (Age 57)
  • Mr. Michael M. Larsen, Sr. VP & CFO (Age 50)
  • Mr. Steven L. Martindale, Exec. VP of Test & Measurement and Electronics Segment (Age 63)
  • Mr. Sundaram Nagarajan, Exec. VP of Automotive OEM Segment (Age 56)
  • Mr. Christopher A. O'Herlihy, Vice Chairman (Age 55)

Who are Illinois Tool Works' major shareholders?

Illinois Tool Works' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Briar Hall Management LLC (7.90%), BlackRock Inc. (6.04%), Northern Trust Corp (4.30%), Wells Fargo & Company MN (2.46%), JPMorgan Chase & Co. (1.66%) and Geode Capital Management LLC (1.34%). Company insiders that own Illinois Tool Works stock include Christopher A O'herlihy, Ernest Scott Santi, Harold B Smith, John R Hartnett, Juan Valls, Michael M Larsen, 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 BlackRock Inc., JPMorgan Chase & Co., Janus Henderson Group PLC, Morgan Stanley, OppenheimerFunds Inc., Northern Trust Corp, Westfield Capital Management Co. LP and Cerity Partners LLC. Company insiders that have sold Illinois Tool Works company stock in the last year include Christopher A O'herlihy, Ernest Scott Santi, John R Hartnett, Juan Valls, Michael M Larsen and Sundaram Nagarajan. View Insider Buying and Selling for Illinois Tool Works.

Which institutional investors are buying Illinois Tool Works stock?

ITW stock was acquired by a variety of institutional investors in the last quarter, including Charles Schwab Investment Management Inc., Wellington Management Group LLP, Geode Capital Management LLC, Ellis Investment Partners LLC, First Trust Advisors LP, Marshall Wace North America L.P., Los Angeles Capital Management & Equity Research Inc. and Neuberger Berman Group LLC. Company insiders that have bought Illinois Tool Works stock in the last two years include 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 $151.21.

How big of a company is Illinois Tool Works?

Illinois Tool Works has a market capitalization of $49.26 billion and generates $14.77 billion in revenue each year. The industrial products company earns $2.56 billion in net income (profit) each year or $7.60 on an earnings per share basis. Illinois Tool Works employs 48,000 workers across the globe.

What is Illinois Tool Works' official website?

The official website for Illinois Tool Works is http://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]

MarketBeat Community Rating for Illinois Tool Works (NYSE ITW)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  503 (Vote Outperform)
Underperform Votes:  574 (Vote Underperform)
Total Votes:  1,077
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 5/22/2019 by MarketBeat.com Staff

Featured Article: Quick Ratio

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel