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

$146.36
-5.45 (-3.59 %)
(As of 08/26/2019 06:00 AM ET)
Today's Range
$145.33
Now: $146.36
$150.94
50-Day Range
$145.29
MA: $151.06
$158.53
52-Week Range
$117.75
Now: $146.36
$160.78
Volume1.23 million shs
Average Volume1.34 million shs
Market Capitalization$47.34 billion
P/E Ratio19.26
Dividend Yield2.63%
Beta1.23
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. Read More…

Industry, Sector and Symbol

Industry General industrial machinery & equipment
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
CUSIP45230810
Phone847-724-7500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$14.77 billion
Cash Flow$8.7851 per share
Book Value$9.57 per share

Profitability

Net Income$2.56 billion

Miscellaneous

Employees48,000
Market Cap$47.34 billion
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable

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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 Friday, August 2nd. Shareholders of record on Monday, September 30th will be given a dividend of $1.07 per share on Wednesday, October 9th. This represents a $4.28 annualized dividend and a yield of 2.92%. The ex-dividend date of this dividend is Friday, September 27th. This is a boost from Illinois Tool Works's previous quarterly dividend of $1.00. View Illinois Tool Works' Dividend History.

How will Illinois Tool Works' stock buyback program work?

Illinois Tool Works declared that its Board of Directors has authorized a share repurchase program 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 repurchase up to 6.4% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its shares are undervalued.

How were Illinois Tool Works' earnings last quarter?

Illinois Tool Works Inc. (NYSE:ITW) posted its quarterly earnings results on Friday, July, 26th. The industrial products company reported $2.00 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.97 by $0.03. The industrial products company had revenue of $3.61 billion for the quarter, compared to analyst estimates of $3.73 billion. Illinois Tool Works had a net margin of 17.17% and a return on equity of 76.17%. The firm's quarterly revenue was down 5.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.97 earnings per share. View Illinois Tool Works' Earnings History.

When is Illinois Tool Works' next earnings date?

Illinois Tool Works is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Illinois Tool Works.

What guidance has Illinois Tool Works issued on next quarter's earnings?

Illinois Tool Works issued an update on its FY19 earnings guidance on Friday, July, 26th. The company provided earnings per share (EPS) guidance of $7.55-7.85 for the period, compared to the Thomson Reuters consensus estimate of $7.90.

What price target have analysts set for ITW?

15 Wall Street analysts have issued twelve-month price targets for Illinois Tool Works' shares. Their forecasts range from $121.00 to $165.00. On average, they expect Illinois Tool Works' share price to reach $141.50 in the next year. This suggests that the stock has a possible downside of 3.3%. View Analyst Price Targets for Illinois Tool Works.

What is the consensus analysts' recommendation for Illinois Tool Works?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Illinois Tool Works in the last year. There are currently 4 sell ratings, 9 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Illinois Tool Works.

Has Illinois Tool Works been receiving favorable news coverage?

Media stories about ITW stock have trended positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Illinois Tool Works earned a daily sentiment score of 2.5 on InfoTrie's scale. They also assigned press coverage about the industrial products company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the near term. View News Stories for Illinois Tool Works.

Are investors shorting Illinois Tool Works?

Illinois Tool Works saw a increase in short interest in July. As of July 15th, there was short interest totalling 8,070,800 shares, an increase of 9.1% from the June 15th total of 7,400,600 shares. Based on an average daily volume of 1,280,000 shares, the short-interest ratio is presently 6.3 days. Approximately 2.5% of the shares of the company are sold short. View Illinois Tool Works' Current Options Chain.

Who are some of Illinois Tool Works' key 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 Walt Disney (DIS), 3M (MMM), Johnson & Johnson (JNJ), Boeing (BA), AbbVie (ABBV), Home Depot (HD), PepsiCo (PEP), AT&T (T), General Electric (GE) and CVS Health (CVS).

Who are Illinois Tool Works' key executives?

Illinois Tool Works' management team includes the folowing people:
  • Mr. E. Scott Santi, Chairman & CEO (Age 57)
  • Mr. Michael M. Larsen, Sr. VP & CFO (Age 50)
  • Mr. Steven L. Martindale, Exec. VP of Test & Measurement and Electronics Segment (Age 63)
  • Mr. Sundaram Nagarajan, Exec. VP of Automotive OEM Segment (Age 56)
  • Mr. Christopher A. O'Herlihy, Vice Chairman (Age 55)

Who are Illinois Tool Works' major shareholders?

Illinois Tool Works' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.07%), BlackRock Inc. (6.26%), BlackRock Inc. (6.26%), Northern Trust Corp (4.32%), Wells Fargo & Company MN (2.46%) and JPMorgan Chase & Co. (1.64%). Company insiders that own Illinois Tool Works stock include Christopher A O'herlihy, Ernest Scott Santi, Harold B Smith, John R Hartnett, Juan Valls, Michael M Larsen, Michael R Zimmerman, Norman D Jr Finch, Randall J Scheuneman, Richard H Lenny, Roland M Martel, Steven L Martindale and Sundaram Nagarajan. View Institutional Ownership Trends for Illinois Tool Works.

Which institutional investors are selling Illinois Tool Works stock?

ITW stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Janus Henderson Group PLC, Price T Rowe Associates Inc. MD, Schroder Investment Management Group, Eaton Vance Management, Amundi Pioneer Asset Management Inc., Brown Advisory Inc. and Bank of New York Mellon Corp. Company insiders that have sold Illinois Tool Works company stock in the last year include 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.

Which institutional investors are buying Illinois Tool Works stock?

ITW stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., Nuveen Asset Management LLC, Vanguard Group Inc., Thoroughbred Financial Services LLC, BlackRock Inc., BlackRock Inc., UBS Asset Management Americas Inc. and Marshall Wace North America L.P.. 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.

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, Scottrade, Fidelity and Charles Schwab.

What is Illinois Tool Works' stock price today?

One share of ITW stock can currently be purchased for approximately $146.36.

How big of a company is Illinois Tool Works?

Illinois Tool Works has a market capitalization of $47.34 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.

What is Illinois Tool Works' official website?

The official website for Illinois Tool Works is http://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]


MarketBeat Community Rating for Illinois Tool Works (NYSE ITW)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  519 (Vote Outperform)
Underperform Votes:  588 (Vote Underperform)
Total Votes:  1,107
MarketBeat's community ratings are surveys of what our community members think about Illinois Tool Works and other stocks. Vote "Outperform" if you believe ITW will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ITW will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/26/2019 by MarketBeat.com Staff

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