About Illinois Tool Works (NYSE:ITW)
Illinois Tool Works Inc. is a manufacturer of industrial products and equipment. The Company operates through seven segments. The Automotive OEM segment produces components and fasteners for automotive-related applications. The Food Equipment segment offers commercial food equipment. The Test & Measurement and Electronics segment produces test and measurement, and electronic manufacturing and maintenance, repair and operations (MRO) solutions. The Welding segment produces welding equipment, consumables and accessories for 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 supplies engineered fastening systems and solutions. The Specialty Products segment produces beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners.
Industry, Sector and Symbol
Industry Industrial Conglomerates
Trailing P/E Ratio24.1828908554572
Forward P/E Ratio21.27
Sales & Book Value
Annual Sales$14.31 billion
Price / Sales3.91
Cash Flow$8.05 per share
Price / Cash20.36
Book Value$13.44 per share
Price / Book12.20
Net Income$1.69 billion
Return on Equity48.42%
Return on Assets14.17%
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 declared a quarterly dividend on Thursday, February 15th. Shareholders of record on Friday, March 30th will be given a dividend of $0.78 per share on Tuesday, April 10th. This represents a $3.12 dividend on an annualized basis and a yield of 1.90%. The ex-dividend date is Wednesday, March 28th. View Illinois Tool Works' Dividend History.
How were Illinois Tool Works' earnings last quarter?
Illinois Tool Works Inc. (NYSE:ITW) announced its quarterly earnings results on Wednesday, January, 24th. The industrial products company reported $1.70 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.62 by $0.08. The industrial products company earned $3.63 billion during the quarter, compared to the consensus estimate of $3.54 billion. Illinois Tool Works had a net margin of 11.79% and a return on equity of 48.42%. The firm's revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.39 earnings per share. View Illinois Tool Works' Earnings History.
When will Illinois Tool Works make its next earnings announcement?
What guidance has Illinois Tool Works issued on next quarter's earnings?
Illinois Tool Works issued an update on its FY18 earnings guidance on Wednesday, January, 24th. The company provided earnings per share guidance of $7.45-7.65 for the period, compared to the Thomson Reuters consensus estimate of $7.37. Illinois Tool Works also updated its Q1 guidance to $1.80-1.90 EPS.
Where is Illinois Tool Works' stock going? Where will Illinois Tool Works' stock price be in 2018?
17 Wall Street analysts have issued 1 year price objectives for Illinois Tool Works' stock. Their forecasts range from $141.00 to $202.00. On average, they anticipate Illinois Tool Works' share price to reach $176.25 in the next year. View Analyst Ratings for Illinois Tool Works.
Who are some of Illinois Tool Works' key competitors?
Some companies that are related to Illinois Tool Works include United Technologies (UTX), Union Pacific (UNP), Lockheed Martin (LMT), Caterpillar (CAT), United Parcel Service (UPS), E I Du Pont De Nemours And Co (DD), FedEx (FDX), General Dynamics (GD), Raytheon (RTN), Northrop Grumman (NOC), Canadian National Railway (CNI), Deere & Company (DE), CSX (CSX), S&P Global (SPGI), Emerson Electric (EMR), Norfolk Southern (NSC), Delta Air Lines (DAL) and Waste Management (WM).
Who are Illinois Tool Works' key executives?
Illinois Tool Works' management team includes the folowing people:
- Ernest Scott Santi, Chairman of the Board, Chief Executive Officer (Age 55)
- Christopher A. O'Herlihy, Vice Chairman (Age 53)
- Michael M. Larsen, Senior Vice President, Chief Financial Officer (Age 48)
- Mary Katherine Lawler, Senior Vice President, Chief Human Resource Officer (Age 51)
- John R. Hartnett, Executive Vice President (Age 56)
- Roland M. Martel, Executive Vice President (Age 62)
- Steven L. Martindale, Executive Vice President (Age 60)
- Sundaram Nagarajan, Executive Vice President (Age 54)
- Lei Zhang Schlitz, Executive Vice President (Age 49)
- Juan Valls, Executive Vice President (Age 55)
Who owns Illinois Tool Works stock?
Illinois Tool Works' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include
NORTHERN TRUST CORP
(6.50%), BlackRock Inc. (5.99%), Wells Fargo & Company MN (2.63%), Bank of New York Mellon Corp (1.17%), Geode Capital Management LLC (0.98%) and Old Mutual Global Investors UK Ltd. (0.37%). 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.
Who sold Illinois Tool Works stock? Who is selling Illinois Tool Works stock?
Illinois Tool Works' stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., APG Asset Management N.V., First Trust Advisors LP, Conning Inc., Donaldson Capital Management LLC, Metropolitan Life Insurance Co. NY, Pinebridge Investments L.P. and Guggenheim Capital LLC. Company insiders that have sold Illinois Tool Works company stock in the last year include Christopher A O'herlihy, Ernest Scott Santi, Harold B Smith, John R Hartnett, Juan Valls, Michael M Larsen, Michael R Zimmerman, Roland M Martel, Steven L Martindale and Sundaram Nagarajan. View Insider Buying and Selling for Illinois Tool Works.
Who bought Illinois Tool Works stock? Who is buying Illinois Tool Works stock?
Illinois Tool Works' stock was acquired by a variety of institutional investors in the last quarter, including Amundi Pioneer Asset Management Inc., UBS Asset Management Americas Inc., Telemus Capital LLC, Schroder Investment Management Group, Teacher Retirement System of Texas, Bain Capital Public Equity Management LLC, WINTON GROUP Ltd and MetLife Investment Advisors 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.
How do I buy Illinois Tool Works stock?
Shares of Illinois Tool Works 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 Illinois Tool Works stock can currently be purchased for approximately $163.96.
How big of a company is Illinois Tool Works?
Illinois Tool Works has a market capitalization of $56 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 $6.78 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 Ave, GLENVIEW, IL 60025-4075, United States. The industrial products company can be reached via phone at +1-847-7247500 or via email at [email protected]
MarketBeat Community Rating for Illinois Tool Works (ITW)MarketBeat's community ratings are surveys of what our community members think about Illinois Tool Works and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Illinois Tool Works (NYSE:ITW) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Hold|
|Consensus Rating Score: ||2.47||2.47||2.47||2.36|
|Ratings Breakdown: ||0 Sell Rating(s)|
9 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
9 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
8 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
7 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$176.25||$176.25||$157.21||$150.08|
|Price Target Upside: ||1.43% upside||1.43% upside||1.10% upside||10.46% upside|
Illinois Tool Works (NYSE:ITW) Consensus Price Target History
Illinois Tool Works (NYSE:ITW) Analyst Ratings History
(Data available from 2/24/2016 forward)
Illinois Tool Works (NYSE:ITW) Earnings History and Estimates Chart
Illinois Tool Works (NYSE ITW) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|1/24/2018||Q4 2017||$1.62||$1.70||$3.54 billion||$3.63 billion||View||Listen|
|10/23/2017||Q3 2017||$1.65||$1.85||$3.57 billion||$3.62 billion||View||N/A|
|7/24/2017||Q2 2017||$1.63||$1.66||$3.61 billion||$3.60 billion||View||N/A|
|4/24/2017||Q1 2017||$1.45||$1.54||$3.40 billion||$3.47 billion||View||N/A|
|1/25/2017||Q416||$1.37||$1.39||$3.41 billion||$3.39 billion||View||N/A|
|10/20/2016||Q316||$1.49||$1.50||$3.50 billion||$3.50 billion||View||Listen|
|7/20/2016||Q216||$1.40||$1.46||$3.41 billion||$3.43 billion||View||Listen|
|4/20/2016||Q116||$1.26||$1.29||$3.25 billion||$3.27 billion||View||Listen|
|1/27/2016||Q415||$1.21||$1.23||$3.24 billion||$3.30 billion||View||Listen|
|10/21/2015||Q315||$1.36||$1.39||$3.45 billion||$3.35 billion||View||Listen|
|7/22/2015||Q215||$1.28||$1.30||$3.45 billion||$3.43 billion||View||Listen|
|4/21/2015||Q115||$1.17||$1.21||$3.48 billion||$3.30 billion||View||Listen|
|1/27/2015||Q414||$1.13||$1.18||$3.59 billion||$3.50 billion||View||Listen|
|10/21/2014||Q314||$1.23||$1.28||$3.68 billion||$3.70 billion||View||Listen|
|7/29/2014||Q214||$1.20||$1.21||$3.75 billion||$3.72 billion||View||Listen|
|4/22/2014||Q114||$0.98||$1.01||$3.57 billion||$3.60 billion||View||Listen|
|1/28/2014||Q413||$0.91||$0.92||$3.52 billion||$3.55 billion||View||Listen|
|10/22/2013||Q313||$0.94||$0.99||$3.59 billion||$3.57 billion||View||Listen|
|7/23/2013||Q2 2013||$1.10||$1.03||$4.29 billion||$4.22 billion||View||Listen|
|4/23/2013||Q1 2013||$0.96||$0.96||$4.28 billion||$4.00 billion||View||Listen|
|1/29/2013||Q4 2012||$0.89||$0.89||$4.15 billion||$4.22 billion||View||Listen|
Illinois Tool Works (NYSE:ITW) Earnings Estimates
2018 EPS Consensus Estimate: $7.67
2019 EPS Consensus Estimate: $8.44
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Illinois Tool Works (NYSE:ITW) Dividend Information
|Dividend Growth:||16.10% (3 Year Average)|
|Payout Ratio:||46.02% (Trailing 12 Months of Earnings) |
40.47% (Based on This Year's Estimates)
37.19% (Based on Next Year's Estimates)
|Track Record:||54 Years of Consecutive Dividend Growth|
Illinois Tool Works (NYSE:ITW) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Illinois Tool Works (NYSE ITW) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.90%
Institutional Ownership Percentage: 74.41%
Illinois Tool Works (NYSE ITW) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|1/26/2018||Sundaram Nagarajan||Insider||Sell||18,650||$178.00||$3,319,700.00||42,497|| |
|12/8/2017||Harold B Smith||Insider||Sell||30,000||$166.43||$4,992,900.00|| |
|12/4/2017||Roland M Martel||Insider||Sell||64,818||$167.41||$10,851,181.38||26,222|| |
|10/25/2017||Juan Valls||EVP||Sell||48,622||$156.73||$7,620,526.06||71,101|| |
|10/25/2017||Norman D Jr. Finch||VP||Buy||4,986||$156.34||$779,511.24||4,371|| |
|10/25/2017||Steven L Martindale||Insider||Sell||64,818||$157.19||$10,188,741.42||95,328|| |
|10/20/2017||John R Hartnett||Insider||Sell||6,533||$155.00||$1,012,615.00||18,622|| |
|10/2/2017||John R Hartnett||Insider||Sell||6,533||$150.00||$979,950.00|| |
|6/9/2017||John R Hartnett||Insider||Sell||11,750||$144.96||$1,703,280.00||23,839|| |
|6/5/2017||Christopher A O'herlihy||Vice Chairman||Sell||36,467||$144.00||$5,251,248.00||55,878|| |
|5/26/2017||Michael M Larsen||CFO||Sell||52,447||$140.62||$7,375,097.14||67,383|| |
|5/12/2017||Ernest Scott Santi||CEO||Sell||101,297||$138.03||$13,982,024.91||191,142|| |
|4/26/2017||John R Hartnett||Insider||Sell||13,889||$139.27||$1,934,321.03||25,978|| |
|4/24/2017||Michael R Zimmerman||Insider||Sell||5,000||$140.00||$700,000.00||7,626|| |
|3/1/2017||Sundaram Nagarajan||Insider||Sell||4,554||$133.28||$606,957.12||28,401|| |
|2/13/2017||Lei Zhang Schlitz||Insider||Sell||33,629||$129.49||$4,354,619.21||16,299|| |
|12/14/2016||Ernest Scott Santi||CEO||Sell||25||$125.44||$3,136.00||73,650|| |
|11/22/2016||Michael R Zimmerman||Insider||Sell||9,238||$123.63||$1,142,093.94||11,016|| |
|11/16/2016||David C Parry||Vice Chairman||Sell||31,037||$124.26||$3,856,657.62||31,621|| |
|11/10/2016||Sundaram Nagarajan||Insider||Sell||34,299||$122.62||$4,205,743.38||54,516|| |
|10/25/2016||Jay L Henderson||Director||Buy||4,000||$111.94||$447,760.00||4,000|| |
|9/7/2016||Sundaram Nagarajan||Insider||Sell||4,560||$119.50||$544,920.00||24,777|| |
|8/11/2016||David C Parry||Vice Chairman||Sell||40,000||$118.49||$4,739,600.00||40,584|| |
|7/22/2016||Ernest Scott Santi||CEO||Sell||74,077||$114.24||$8,462,556.48||75,926|| |
|7/21/2016||John R Hartnett||Insider||Sell||7,500||$114.08||$855,600.00||16,399|| |
|7/21/2016||Michael M Larsen||CFO||Sell||14,000||$113.99||$1,595,860.00|| |
|7/21/2016||Randall J Scheuneman||VP||Sell||15,641||$114.21||$1,786,358.61||19,791|| |
|7/12/2016||Sundaram Nagarajan||EVP||Sell||4,560||$110.00||$501,600.00||24,777|| |
|5/16/2016||David C Parry||Vice Chairman||Sell||10,000||$104.35||$1,043,500.00||584|| |
|5/10/2016||Christopher A O'herlihy||Vice Chairman||Sell||22,941||$105.42||$2,418,440.22||38,424|| |
|5/10/2016||Lei Zhang Schlitz||EVP||Sell||2,500||$104.63||$261,575.00||92|| |
|5/6/2016||Lei Zhang Schlitz||EVP||Sell||1,919||$103.78||$199,153.82||592|| |
|5/3/2016||Roland M Martel||EVP||Sell||70,000||$104.30||$7,301,000.00||96,996|| |
|4/28/2016||Lei Zhang Schlitz||EVP||Sell||2,500||$105.17||$262,925.00||992|| |
|4/25/2016||David C Parry||Vice Chairman||Sell||8,000||$104.41||$835,280.00||628|| |
|2/8/2016||Kevin M Warren||Director||Sell||5,500||$89.54||$492,470.00||4,560|| |
|2/3/2016||David C. Parry||Vice Chairman||Sell||70,000||$89.30||$6,251,000.00||44|| |
|9/1/2015||Mary Katherine Lawler||SVP||Buy||1,807||$82.57||$149,203.99||1,807|| |
|5/26/2015||David C Parry||Vice Chairman||Sell||60,000||$95.30||$5,718,000.00|| |
|3/13/2015||David C Parry||Vice Chairman||Sell||8,900||$97.57||$868,373.00|| |
|2/26/2015||Steven L Martindale||EVP||Sell||77,031||$99.45||$7,660,732.95|| |
|2/6/2015||Maria C Green||VP||Sell||13,000||$97.50||$1,267,500.00|| |
|2/3/2015||Roland M Martel||EVP||Sell||60,000||$95.00||$5,700,000.00|| |
|1/28/2015||Kevin M Warren||Director||Sell||3,000||$93.25||$279,750.00|| |
|12/5/2014||Christopher A O'herlihy||EVP||Sell||13,007||$96.79||$1,258,947.53|| |
|11/26/2014||John R Hartnett||EVP||Sell||3,507||$95.36||$334,427.52|| |
|10/30/2014||Juan Valls||EVP||Sell||30,000||$89.46||$2,683,800.00|| |
|10/29/2014||Sundaram Nagarajan||EVP||Sell||11,012||$90.03||$991,410.36|| |
|8/21/2014||Richard H Lenny||Director||Buy||1,000||$89.17||$89,170.00|| |
|7/30/2014||David C Parry||Chairman||Sell||64,818||$84.02||$5,446,008.36|| |
|5/28/2014||Robert C Mccormack||Director||Sell||98,300||$86.71||$8,523,593.00|| |
|5/15/2014||David Parry||Chairman||Sell||30,703||$85.36||$2,620,808.08||123|| |
|4/28/2014||Robert Mccormack||Director||Sell||28,700||$84.55||$2,426,585.00||14,382|| |
|4/23/2014||Sharon Brady||SVP||Sell||16,205||$85.52||$1,385,851.60||9,119|| |
|12/24/2013||Sharon Brady||SVP||Sell||30,000||$83.02||$2,490,600.00||4,781|| |
|12/9/2013||Robert Mccormack||Director||Sell||104,000||$80.11||$8,331,440.00||14,382|| |
|10/25/2013||David C Parry||Chairman||Sell||20,000||$78.04||$1,560,800.00|| |
|10/23/2013||Sharon M Brady||SVP||Sell||60,000||$78.01||$4,680,600.00|| |
|9/11/2013||Michael Larsen||CFO||Buy||7,000||$74.25||$519,750.00||14,000|| |
|8/2/2013||Ernest Scott Santi||CEO||Sell||46,250||$75.00||$3,468,750.00||41,805|| |
|7/29/2013||Sundaram Nagarajan||EVP||Sell||36,399||$72.03||$2,621,819.97|| |
|7/26/2013||Sundaram Nagarajan||EVP||Sell||2,254||$72.00||$162,288.00|| |
|7/25/2013||Maria C Green||VP||Sell||6,500||$72.13||$468,845.00|| |
|6/14/2013||Ernest Scott Santi||CEO||Sell||46,250||$70.42||$3,256,925.00|| |
|6/5/2013||David C Parry||Chairman||Sell||35,000||$69.31||$2,425,850.00|| |
|5/28/2013||Sharon M Brady||SVP||Sell||38,789||$70.98||$2,753,243.22|| |
|5/21/2013||Timothy J Gardner||EVP||Sell||32,236||$71.16||$2,293,913.76|| |
|5/14/2013||Craig A Hindman||EVP||Sell||80,000||$69.36||$5,548,800.00|| |
|12/3/2012||Ernest Scott Santi||CEO||Sell||80,000||$61.29||$4,903,200.00|| |
Illinois Tool Works (NYSE ITW) News Headlines
Illinois Tool Works (NYSE:ITW) SEC Filings
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Illinois Tool Works (NYSE:ITW) Income Statement, Balance Sheet and Cash Flow Statement
Illinois Tool Works (NYSE ITW) Stock Chart for Saturday, February, 24, 2018