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. Stockholders 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 annualized dividend and a dividend yield of 2.47%. The ex-dividend date is Monday, December 30th. View Illinois Tool Works' Dividend History.

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

Illinois Tool Works Inc. (NYSE:ITW) released its quarterly earnings data on Friday, October, 25th. The industrial products company reported $2.04 EPS for the quarter, topping the consensus estimate of $1.94 by $0.10. The industrial products company had revenue of $3.42 billion for the quarter, compared to the consensus estimate 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 revenue was down 5.4% compared to the same quarter last year. During the same period in the previous year, the business 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.

14 analysts have issued 12-month target prices for Illinois Tool Works' stock. Their forecasts range from $121.00 to $200.00. On average, they expect Illinois Tool Works' share price to reach $152.23 in the next year. This suggests that the stock has a possible downside of 12.1%. 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.

Press coverage about ITW stock has trended somewhat negative on Monday, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Illinois Tool Works earned a daily sentiment score of -1.4 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 stock's share price in the near future. 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), Middleby (MIDD) and Flowserve (FLS).

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 number of of institutional and retail investors. Top institutional investors include Boston Trust Walden Corp (0.16%), Fenimore Asset Management Inc. (0.14%), New York State Teachers Retirement System (0.12%), Bristol John W & Co. Inc. NY (0.12%), Hexavest Inc. (0.08%) and Nisa Investment Advisors LLC (0.05%). 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, State of Michigan Retirement System, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Viking Fund Management LLC, New York State Teachers Retirement System, Nisa Investment Advisors LLC, Strs Ohio and Meyer Handelman 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 purchased by a variety of institutional investors in the last quarter, including Hexavest Inc., Sabal Trust CO, First American Bank, G&S Capital LLC, Manning & Napier Group LLC, Janney Montgomery Scott LLC, Commerzbank Aktiengesellschaft FI and DNB Asset Management AS. 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 $173.27.

Illinois Tool Works has a market capitalization of $55.69 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]