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

Illinois Tool Works trades on the New York Stock Exchange (NYSE) under the ticker symbol "ITW."

Illinois Tool Works announced a quarterly dividend on Monday, October 28th. Investors of record on Tuesday, December 31st will be given a dividend of $1.07 per share on Wednesday, January 15th. This represents a $4.28 dividend on an annualized basis and a yield of 2.37%. The ex-dividend date is Monday, December 30th. View Illinois Tool Works' Dividend History.

Illinois Tool Works announced that its board has authorized a share repurchase plan on Friday, August 3rd 2018, which allows the company to buyback $3,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 6.4% of its stock through open market purchases. Stock buyback plans are often a sign that the company's leadership believes its shares are undervalued.

Illinois Tool Works Inc. (NYSE:ITW) issued its quarterly earnings data on Friday, October, 25th. The industrial products company reported $2.04 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.94 by $0.10. The industrial products company earned $3.42 billion during the quarter, compared to analysts' expectations of $3.55 billion. Illinois Tool Works had a net margin of 17.49% and a return on equity of 80.38%. The company's quarterly revenue was down 5.4% on a year-over-year basis. During the same period last year, the firm earned $1.76 earnings per share. View Illinois Tool Works' Earnings History.

Illinois Tool Works is scheduled to release their next quarterly earnings announcement on Friday, January 31st 2020. View Earnings Estimates for Illinois Tool Works.

Illinois Tool Works will be holding an earnings conference call on Friday, January 31st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Illinois Tool Works updated its FY19 earnings guidance on Friday, October, 25th. The company provided earnings per share guidance of $7.55-7.85 for the period, compared to the Thomson Reuters consensus EPS estimate of $7.62.

14 brokers have issued 12-month target prices for Illinois Tool Works' stock. Their forecasts range from $121.00 to $200.00. On average, they anticipate Illinois Tool Works' stock price to reach $152.23 in the next twelve months. This suggests that the stock has a possible downside of 15.6%. View Analyst Price Targets for Illinois Tool Works.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Illinois Tool Works in the last year. There are currently 5 sell ratings, 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Illinois Tool Works.

Media stories about ITW stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Illinois Tool Works earned a news impact score of 1.7 on InfoTrie's scale. They also gave media coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Illinois Tool Works.

Some companies that are related to Illinois Tool Works include Ingersoll-Rand (IR), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Snap-on (SNA), Graco (GGG), Pentair (PNR), Woodward, Inc.Common Stock (WWD), Gardner Denver (GDI), Donaldson (DCI), Flowserve (FLS) and ITT (ITT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Illinois Tool Works investors own include Walt Disney (DIS), Johnson & Johnson (JNJ), AbbVie (ABBV), Home Depot (HD), 3M (MMM), PepsiCo (PEP), AT&T (T), Boeing (BA), NVIDIA (NVDA) and Abbott Laboratories (ABT).

Illinois Tool Works' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Boston Trust Walden Corp (0.16%), Fenimore Asset Management Inc. (0.14%), Hexavest Inc. (0.08%), Nisa Investment Advisors LLC (0.05%), Commerzbank Aktiengesellschaft FI (0.04%) and Sabal Trust CO (0.04%). Company insiders that own Illinois Tool Works stock include Andrew Mines, Christopher A O'herlihy, Ernest Scott Santi, John R Hartnett, Juan Valls, Michael M Larsen, Michael R Zimmerman, Randall J Scheuneman, Richard H Lenny, 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 Douglass Winthrop Advisors LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Viking Fund Management LLC, Nisa Investment Advisors LLC, Boston Trust Walden Corp, Arden Trust Co, United Services Automobile Association and American Research & Management Co.. Company insiders that have sold Illinois Tool Works company stock in the last year include Andrew Mines, Christopher A O'herlihy, Ernest Scott Santi, John R Hartnett, Juan Valls, Michael M Larsen, Michael R Zimmerman, Randall J Scheuneman, Steven L Martindale and Sundaram Nagarajan. View Insider Buying and Selling for Illinois Tool Works.

ITW stock was bought by a variety of institutional investors in the last quarter, including Hexavest Inc., Sabal Trust CO, Manning & Napier Group LLC, Commerzbank Aktiengesellschaft FI, DNB Asset Management AS, Assenagon Asset Management S.A., State of Alaska Department of Revenue and Surevest Inc.. 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, Robinhood, Fidelity and Charles Schwab.

One share of ITW stock can currently be purchased for approximately $180.43.

Illinois Tool Works has a market capitalization of $57.99 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.View Additional Information About Illinois Tool Works.

The official website for Illinois Tool Works is http://www.itw.com/.

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]