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

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

Illinois Tool Works announced a quarterly dividend on Thursday, November 1st. Investors of record on Monday, December 31st will be paid a dividend of $1.00 per share on Thursday, January 10th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 3.07%. The ex-dividend date is Friday, December 28th. View Illinois Tool Works' Dividend History.

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

Illinois Tool Works Inc. (NYSE:ITW) announced its quarterly earnings results on Wednesday, October, 24th. The industrial products company reported $1.90 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.88 by $0.02. The industrial products company had revenue of $3.61 billion for the quarter, compared to the consensus estimate of $3.72 billion. Illinois Tool Works had a net margin of 12.69% and a return on equity of 63.11%. The company's revenue for the quarter was down .1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.71 earnings per share. View Illinois Tool Works' Earnings History.

Illinois Tool Works is scheduled to release their next quarterly earnings announcement on Friday, February 1st 2019. View Earnings Estimates for Illinois Tool Works.

Illinois Tool Works will be holding an earnings conference call on Friday, February 1st at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8663934306.

Illinois Tool Works updated its fourth quarter 2018 earnings guidance on Wednesday, October, 24th. The company provided EPS guidance of $1.78-1.88 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.86. Illinois Tool Works also updated its FY18 guidance to $7.55-7.65 EPS.

17 brokerages have issued twelve-month price targets for Illinois Tool Works' stock. Their forecasts range from $115.00 to $200.00. On average, they anticipate Illinois Tool Works' share price to reach $142.0714 in the next year. This suggests a possible upside of 9.2% from the stock's current price. View Analyst Price Targets 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, 10 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Illinois Tool Works.

News stories about ITW stock have been trending positive this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Illinois Tool Works earned a news sentiment score of 2.2 on InfoTrie's scale. They also gave press coverage about the industrial products company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future.

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

Illinois Tool Works' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Fenimore Asset Management Inc. (0.13%), Confluence Investment Management LLC (0.09%), Capital Investment Services of America Inc. (0.03%), Chesley Taft & Associates LLC (0.03%), Northstar Investment Advisors LLC (0.02%) and Gulf International Bank UK Ltd (0.02%). Company insiders that own Illinois Tool Works stock include Christopher A O'herlihy, Ernest Scott Santi, Harold B Smith, 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.

ITW stock was sold by a variety of institutional investors in the last quarter, including Gulf International Bank UK Ltd, Moreno Evelyn V, Pennsylvania Trust Co, Northstar Investment Advisors LLC, Chesley Taft & Associates LLC, MPS Loria Financial Planners LLC, Louisiana State Employees Retirement System and YHB Investment Advisors Inc.. Company insiders that have sold Illinois Tool Works company stock in the last year include Ernest Scott Santi, Michael M Larsen and Sundaram Nagarajan. View Insider Buying and Selling for Illinois Tool Works.

ITW stock was acquired by a variety of institutional investors in the last quarter, including Fenimore Asset Management Inc., Ipswich Investment Management Co. Inc., CX Institutional, Confluence Investment Management LLC, DNB Asset Management AS, New England Research & Management Inc., First Hawaiian Bank and Steward Partners Investment Advisory 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.

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 $130.09.

Illinois Tool Works has a market capitalization of $43.19 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.

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]