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NYSE:ITW

Illinois Tool Works Stock Forecast, Price & News

$212.23
+1.13 (+0.54 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$211.11
Now: $212.23▼
$212.59
50-Day Range
$192.67
MA: $205.73▼
$217.54
52-Week Range
$115.94
Now: $212.23▼
$224.69
Volume539,005 shs
Average Volume1.34 million shs
Market Capitalization$67.18 billion
P/E Ratio32.16
Dividend Yield2.16%
Beta1.12
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; and metal arc welding consumables and related accessories. 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 headquartered in Glenview, Illinois.
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Beat the Market (BTM) Rank™

Analyst Opinion: 2.0Community Rank: 2.3Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank™

2.52 out of 5 stars


Industry, Sector and Symbol

Stock Exchange NYSE
Industry General industrial machinery & equipment
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
Current SymbolNYSE:ITW
Previous Symbol
CUSIP45230810
CIK49826
Webwww.itw.com
Phone847-724-7500
Employees45,000

Debt

Debt-to-Equity Ratio2.81
Current Ratio2.37
Quick Ratio1.92

Price-To-Earnings

Trailing P/E Ratio32.16
Forward P/E Ratio33.11
P/E Growth4.46

Sales & Book Value

Annual Sales$14.11 billion
Price / Sales4.76
Cash Flow$9.61 per share
Price / Cash Flow22.08
Book Value$8.52 per share
Price / Book24.91

Profitability

EPS (Most Recent Fiscal Year)$7.75
Net Income$2.52 billion
Net Margins16.77%
Return on Equity80.95%
Return on Assets14.37%

Miscellaneous

Outstanding Shares316,520,000
Market Cap$67.18 billion
Next Earnings Date1/29/2021 (Estimated)
OptionableOptionable
$212.23
+1.13 (+0.54 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Illinois Tool Works (NYSE:ITW) Frequently Asked Questions

How has Illinois Tool Works' stock price been impacted by COVID-19?

Illinois Tool Works' stock was trading at $158.43 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ITW shares have increased by 34.0% and is now trading at $212.23.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Illinois Tool Works?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Illinois Tool Works in the last year. There are currently 2 sell ratings, 13 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Illinois Tool Works.

What stocks does MarketBeat like better than Illinois Tool Works?

Wall Street analysts have given Illinois Tool Works a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Illinois Tool Works wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Illinois Tool Works' next earnings date?

Illinois Tool Works is scheduled to release its next quarterly earnings announcement on Friday, January 29th 2021.
View our earnings forecast for Illinois Tool Works.

How were Illinois Tool Works' earnings last quarter?

Illinois Tool Works Inc. (NYSE:ITW) announced its earnings results on Friday, October, 23rd. The industrial products company reported $1.83 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.45 by $0.38. The industrial products company had revenue of $3.31 billion for the quarter, compared to analyst estimates of $2.94 billion. Illinois Tool Works had a return on equity of 80.95% and a net margin of 16.77%. The firm's quarterly revenue was down 4.9% on a year-over-year basis. During the same period last year, the company posted $2.04 EPS.
View Illinois Tool Works' earnings history.

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, October 30th. Shareholders of record on Thursday, December 31st will be paid a dividend of $1.14 per share on Thursday, January 14th. This represents a $4.56 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date of this dividend is Wednesday, December 30th.
View Illinois Tool Works' dividend history.

What price target have analysts set for ITW?

16 Wall Street analysts have issued 1 year price objectives for Illinois Tool Works' stock. Their forecasts range from $145.00 to $225.00. On average, they expect Illinois Tool Works' share price to reach $183.81 in the next twelve months. This suggests that the stock has a possible downside of 13.4%.
View analysts' price targets for Illinois Tool Works.

Are investors shorting Illinois Tool Works?

Illinois Tool Works saw a decline in short interest in October. As of October 30th, there was short interest totaling 4,590,000 shares, a decline of 13.2% from the October 15th total of 5,290,000 shares. Based on an average daily trading volume, of 952,400 shares, the days-to-cover ratio is currently 4.8 days. Approximately 1.5% of the company's stock are short sold.
View Illinois Tool Works' Short Interest.

Who are some of Illinois Tool Works' key competitors?

Some companies that are related to Illinois Tool Works include Parker-Hannifin (PH), Stanley Black & Decker (SWK), Ingersoll Rand (IR), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Gardner Denver (GDI), Pentair (PNR), The Middleby (MIDD), Woodward (WWD), Donaldson (DCI) and Lincoln Electric (LECO).
View all 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 Johnson & Johnson (JNJ), AbbVie (ABBV), AT&T (T), The Walt Disney (DIS), The Home Depot (HD), 3M (MMM), PepsiCo (PEP), The Boeing (BA), NVIDIA (NVDA) and Exxon Mobil (XOM).

Who are Illinois Tool Works' key executives?

Illinois Tool Works' management team includes the following people:
  • Mr. E. Scott Santi, Chairman & CEO (Age 58, Pay $6.15M)
  • Mr. Michael M. Larsen, Sr. VP & CFO (Age 51, Pay $2.26M)
  • Mr. Steven L. Martindale, Exec. VP of Test & Measurement and Electronics Segment (Age 64, Pay $1.41M)
  • Mr. Christopher A. O'Herlihy, Vice Chairman (Age 56, Pay $2.24M)
  • Mr. John R. Hartnett, Exec. VP of Welding Segment (Age 60, Pay $1.22M)
  • Mr. Randall J. Scheuneman, VP & Chief Accounting Officer (Age 52)
  • Ms. Karen A. Fletcher, VP of Investor Relations (Age 60)
  • Mr. Norman Dale Finch Jr., Sr. VP, Gen. Counsel & Sec. (Age 55)
  • Ms. Mary Katherine Lawler, Sr. VP & Chief HR Officer (Age 54)
  • Dr. Lei Zhang Schlitz, Exec. VP of Automotive OEM (Age 53)

What is Illinois Tool Works' stock symbol?

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

Who are Illinois Tool Works' major shareholders?

Illinois Tool Works' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.90%), State Street Corp (4.17%), Massachusetts Financial Services Co. MA (2.41%), Wells Fargo & Company MN (2.33%), Charles Schwab Investment Management Inc. (0.90%) and JPMorgan Chase & Co. (0.69%). Company insiders that own Illinois Tool Works stock include Andrew Mines, Christopher A O'herlihy, Ernest Scott Santi, John R Hartnett, Juan Valls, Lei Zhang Schlitz, Mary Katherine Lawler, 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.

Which major investors are selling Illinois Tool Works stock?

ITW stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BlackRock Inc., Coho Partners Ltd., CIBC Private Wealth Group LLC, Wells Fargo & Company MN, Boston Trust Walden Corp, Massachusetts Financial Services Co. MA, and Nuveen Asset Management LLC. Company insiders that have sold Illinois Tool Works company stock in the last year include Christopher A O'herlihy, John R Hartnett, Lei Zhang Schlitz, Mary Katherine Lawler, and Michael M Larsen.
View insider buying and selling activity for Illinois Tool Works.

Which major investors are buying Illinois Tool Works stock?

ITW stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Morgan Stanley, AQR Capital Management LLC, Voloridge Investment Management LLC, Neuberger Berman Group LLC, Allianz Asset Management GmbH, DekaBank Deutsche Girozentrale, and Thrivent Financial for Lutherans. Company insiders that have bought Illinois Tool Works stock in the last two years include Ernest Scott Santi, and Richard H Lenny.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Illinois Tool Works' stock price today?

One share of ITW stock can currently be purchased for approximately $212.23.

How big of a company is Illinois Tool Works?

Illinois Tool Works has a market capitalization of $67.18 billion and generates $14.11 billion in revenue each year. The industrial products company earns $2.52 billion in net income (profit) each year or $7.75 on an earnings per share basis. Illinois Tool Works employs 45,000 workers across the globe.

What is Illinois Tool Works' official website?

The official website for Illinois Tool Works is 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]

This page was last updated on 11/28/2020 by MarketBeat.com Staff
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