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About Illinois Tool Works (NYSE:ITW)
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 produces 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; metal arc welding consumables and related accessories; and metal jacketing and other insulation products for various industrial and commercial applications. 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 produces 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 food and beverage, consumer durables, general industrial, printing and publishing, and industrial capital goods 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.
Industry, Sector and Symbol
Industry General industrial machinery & equipment
Trailing P/E Ratio22.37
Forward P/E Ratio18.95
Sales & Book Value
Annual Sales$14.31 billion
Price / Sales3.49
Cash Flow$7.9865 per share
Price / Cash18.46
Book Value$12.29 per share
Price / Book12.00
EPS (Most Recent Fiscal Year)$6.59
Net Income$1.69 billion
Return on Equity51.79%
Return on Assets14.74%
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, May 4th. Shareholders of record on Friday, June 29th will be given a dividend of $0.78 per share on Wednesday, July 11th. This represents a $3.12 annualized dividend and a yield of 2.12%. The ex-dividend date of this dividend is Thursday, June 28th. View Illinois Tool Works' Dividend History.
How were Illinois Tool Works' earnings last quarter?
Illinois Tool Works (NYSE:ITW) issued its quarterly earnings results on Thursday, April, 26th. The industrial products company reported $1.90 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.86 by $0.04. The industrial products company earned $3.74 billion during the quarter, compared to the consensus estimate of $3.69 billion. Illinois Tool Works had a net margin of 12.36% and a return on equity of 51.79%. The company's revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the company earned $1.54 earnings per share. View Illinois Tool Works' Earnings History.
When is Illinois Tool Works' next earnings date?
What guidance has Illinois Tool Works issued on next quarter's earnings?
Illinois Tool Works updated its FY18 earnings guidance on Thursday, April, 26th. The company provided earnings per share guidance of $7.60-7.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $7.69. Illinois Tool Works also updated its Q2 guidance to $1.90-2.00 EPS.
What price target have analysts set for ITW?
15 brokers have issued 1-year target prices for Illinois Tool Works' stock. Their forecasts range from $151.00 to $202.00. On average, they expect Illinois Tool Works' stock price to reach $176.6429 in the next twelve months. View Analyst Ratings for Illinois Tool Works.
Who are some of Illinois Tool Works' key competitors?
Who are Illinois Tool Works' key executives?
Illinois Tool Works' management team includes the folowing people:
- Mr. E. Scott Santi, Chairman, Pres & CEO (Age 56)
- Mr. Michael M. Larsen, Sr. VP & CFO (Age 49)
- Mr. Sundaram Nagarajan, Exec. VP of Automotive OEM Segment (Age 55)
- Mr. Christopher A. O'Herlihy, Vice Chairman (Age 54)
- Mr. Randall J. Scheuneman, VP & Chief Accounting Officer (Age 50)
Has Illinois Tool Works been receiving favorable news coverage?
Headlines about ITW stock have been trending somewhat positive on Friday, Accern Sentiment reports. The research firm rates the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Illinois Tool Works earned a coverage optimism score of 0.21 on Accern's scale. They also gave news headlines about the industrial products company an impact score of 46.65 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.
Who are Illinois Tool Works' major shareholders?
Illinois Tool Works' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.31%), Northern Trust Corp (4.50%), Wells Fargo & Company MN (2.59%), JPMorgan Chase & Co. (1.72%), Massachusetts Financial Services Co. MA (1.62%) and PNC Financial Services Group Inc. (0.51%). Company insiders that own Illinois Tool Works stock include Christopher A O'herlihy, David C Parry, Ernest Scott Santi, Harold B Smith, Jay L Henderson, John R Hartnett, Juan Valls, Lei Zhang Schlitz, Michael M Larsen, Michael R Zimmerman, Norman D Jr Finch, Randall J Scheuneman, 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 Coho Partners Ltd., Old Mutual Global Investors UK Ltd., State of Tennessee Treasury Department, Swiss National Bank, Wells Fargo & Company MN, WINTON GROUP Ltd, Envestnet Asset Management Inc. and Russell Investments Group Ltd.. Company insiders that have sold Illinois Tool Works company stock in the last year include Christopher A O'herlihy, Harold B Smith, John R Hartnett, Juan Valls, Michael M Larsen, Roland M Martel, 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 purchased by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., BlackRock Inc., JPMorgan Chase & Co., Millennium Management LLC, Massachusetts Financial Services Co. MA, Rockefeller Capital Management L.P., Summit Trail Advisors LLC and Element Capital Management LLC. Company insiders that have bought Illinois Tool Works stock in the last two years include Jay L Henderson and Norman D Jr Finch. 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 $147.43.
How big of a company is Illinois Tool Works?
Illinois Tool Works has a market capitalization of $50.16 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.
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 (ITW)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.
Illinois Tool Works (NYSE:ITW) Price Target and Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
15 Wall Street analysts have issued ratings and price targets for Illinois Tool Works in the last 12 months. Their average twelve-month price target is $176.6429, suggesting that the stock has a possible upside of 19.81%. The high price target for ITW is $202.00 and the low price target for ITW is $151.00. There are currently 8 hold ratings, 6 buy ratings and 1 strong buy rating for the stock, resulting in a consensus rating of "Buy."
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Hold||Hold|
|Consensus Rating Score: ||2.53||2.53||2.47||2.47|
|Ratings Breakdown: ||0 Sell Rating(s)|
8 Hold Rating(s)
6 Buy Rating(s)
1 Strong Buy Rating(s)
|0 Sell Rating(s)|
9 Hold Rating(s)
7 Buy Rating(s)
1 Strong Buy Rating(s)
|0 Sell Rating(s)|
9 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
8 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$176.6429||$174.3750||$176.25||$157.2143|
|Price Target Upside: ||19.81% upside||10.38% upside||1.43% upside||1.10% upside|
Illinois Tool Works (NYSE:ITW) Consensus Price Target History
Illinois Tool Works (NYSE:ITW) Analyst Ratings History
(Data available from 5/25/2016 forward)
Illinois Tool Works (NYSE:ITW) Dividend Information
Illinois Tool Works pays an annual dividend of $3.12 per share, with a dividend yield of 2.12%. ITW's next quarterly dividend payment will be made on Wednesday, July 11. The company has grown its dividend for the last 54 consecutive years and is increasing its dividend by an average of 16.10% each year. Illinois Tool Works pays out 47.34% of its earnings out as a dividend.
|Dividend Growth:||16.10% (3 Year Average)|
|Payout Ratio(s):||47.34% (Trailing 12 Months of Earnings) |
40.10% (Based on This Year's Estimates)
37.01% (Based on Next Year's Estimates)
39.07% (Based on Cash Flow)
|Track Record:||54 Years of Consecutive Dividend Growth|
Illinois Tool Works (NYSE:ITW) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Illinois Tool Works (NYSE ITW) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.90%
Institutional Ownership Percentage: 77.03%
Illinois Tool Works (NYSE ITW) Insider Trading History
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|1/26/2018||Sundaram Nagarajan||Insider||Sell||18,650||$178.00||$3,319,700.00||42,497|| |
|12/8/2017||Harold B Smith||Insider||Sell||30,000||$166.43||$4,992,900.00|| |
|12/4/2017||Roland M Martel||Insider||Sell||64,818||$167.41||$10,851,181.38||26,222|| |
|10/25/2017||Juan Valls||EVP||Sell||48,622||$156.73||$7,620,526.06||71,101|| |
|10/25/2017||Norman D Jr. Finch||VP||Buy||4,986||$156.34||$779,511.24||4,371|| |
|10/25/2017||Steven L Martindale||Insider||Sell||64,818||$157.19||$10,188,741.42||95,328|| |
|10/20/2017||John R Hartnett||Insider||Sell||6,533||$155.00||$1,012,615.00||18,622|| |
|10/2/2017||John R Hartnett||Insider||Sell||6,533||$150.00||$979,950.00|| |
|6/9/2017||John R Hartnett||Insider||Sell||11,750||$144.96||$1,703,280.00||23,839|| |
|6/5/2017||Christopher A O'herlihy||Vice Chairman||Sell||36,467||$144.00||$5,251,248.00||55,878|| |
|5/26/2017||Michael M Larsen||CFO||Sell||52,447||$140.62||$7,375,097.14||67,383|| |
|5/12/2017||Ernest Scott Santi||CEO||Sell||101,297||$138.03||$13,982,024.91||191,142|| |
|4/26/2017||John R Hartnett||Insider||Sell||13,889||$139.27||$1,934,321.03||25,978|| |
|4/24/2017||Michael R Zimmerman||Insider||Sell||5,000||$140.00||$700,000.00||7,626|| |
|3/1/2017||Sundaram Nagarajan||Insider||Sell||4,554||$133.28||$606,957.12||28,401|| |
|2/13/2017||Lei Zhang Schlitz||Insider||Sell||33,629||$129.49||$4,354,619.21||16,299|| |
|12/14/2016||Ernest Scott Santi||CEO||Sell||25||$125.44||$3,136.00||73,650|| |
|11/22/2016||Michael R Zimmerman||Insider||Sell||9,238||$123.63||$1,142,093.94||11,016|| |
|11/16/2016||David C Parry||Vice Chairman||Sell||31,037||$124.26||$3,856,657.62||31,621|| |
|11/10/2016||Sundaram Nagarajan||Insider||Sell||34,299||$122.62||$4,205,743.38||54,516|| |
|10/25/2016||Jay L Henderson||Director||Buy||4,000||$111.94||$447,760.00||4,000|| |
|9/7/2016||Sundaram Nagarajan||Insider||Sell||4,560||$119.50||$544,920.00||24,777|| |
|8/11/2016||David C Parry||Vice Chairman||Sell||40,000||$118.49||$4,739,600.00||40,584|| |
|7/22/2016||Ernest Scott Santi||CEO||Sell||74,077||$114.24||$8,462,556.48||75,926|| |
|7/21/2016||John R Hartnett||Insider||Sell||7,500||$114.08||$855,600.00||16,399|| |
|7/21/2016||Michael M Larsen||CFO||Sell||14,000||$113.99||$1,595,860.00|| |
|7/21/2016||Randall J Scheuneman||VP||Sell||15,641||$114.21||$1,786,358.61||19,791|| |
|7/12/2016||Sundaram Nagarajan||EVP||Sell||4,560||$110.00||$501,600.00||24,777|| |
|5/16/2016||David C Parry||Vice Chairman||Sell||10,000||$104.35||$1,043,500.00||584|| |
|5/10/2016||Christopher A O'herlihy||Vice Chairman||Sell||22,941||$105.42||$2,418,440.22||38,424|| |
|5/10/2016||Lei Zhang Schlitz||EVP||Sell||2,500||$104.63||$261,575.00||92|| |
|5/6/2016||Lei Zhang Schlitz||EVP||Sell||1,919||$103.78||$199,153.82||592|| |
|5/3/2016||Roland M Martel||EVP||Sell||70,000||$104.30||$7,301,000.00||96,996|| |
|4/28/2016||Lei Zhang Schlitz||EVP||Sell||2,500||$105.17||$262,925.00||992|| |
|4/25/2016||David C Parry||Vice Chairman||Sell||8,000||$104.41||$835,280.00||628|| |
|2/8/2016||Kevin M Warren||Director||Sell||5,500||$89.54||$492,470.00||4,560|| |
|2/3/2016||David C. Parry||Vice Chairman||Sell||70,000||$89.30||$6,251,000.00||44|| |
|9/1/2015||Mary Katherine Lawler||SVP||Buy||1,807||$82.57||$149,203.99||1,807|| |
|5/26/2015||David C Parry||Vice Chairman||Sell||60,000||$95.30||$5,718,000.00|| |
|3/13/2015||David C Parry||Vice Chairman||Sell||8,900||$97.57||$868,373.00|| |
|2/26/2015||Steven L Martindale||EVP||Sell||77,031||$99.45||$7,660,732.95|| |
|2/6/2015||Maria C Green||VP||Sell||13,000||$97.50||$1,267,500.00|| |
|2/3/2015||Roland M Martel||EVP||Sell||60,000||$95.00||$5,700,000.00|| |
|1/28/2015||Kevin M Warren||Director||Sell||3,000||$93.25||$279,750.00|| |
|12/5/2014||Christopher A O'herlihy||EVP||Sell||13,007||$96.79||$1,258,947.53|| |
|11/26/2014||John R Hartnett||EVP||Sell||3,507||$95.36||$334,427.52|| |
|10/30/2014||Juan Valls||EVP||Sell||30,000||$89.46||$2,683,800.00|| |
|10/29/2014||Sundaram Nagarajan||EVP||Sell||11,012||$90.03||$991,410.36|| |
|8/21/2014||Richard H Lenny||Director||Buy||1,000||$89.17||$89,170.00|| |
|7/30/2014||David C Parry||Chairman||Sell||64,818||$84.02||$5,446,008.36|| |
|5/28/2014||Robert C Mccormack||Director||Sell||98,300||$86.71||$8,523,593.00|| |
|5/15/2014||David Parry||Chairman||Sell||30,703||$85.36||$2,620,808.08||123|| |
|4/28/2014||Robert Mccormack||Director||Sell||28,700||$84.55||$2,426,585.00||14,382|| |
|4/23/2014||Sharon Brady||SVP||Sell||16,205||$85.52||$1,385,851.60||9,119|| |
|12/24/2013||Sharon Brady||SVP||Sell||30,000||$83.02||$2,490,600.00||4,781|| |
|12/9/2013||Robert Mccormack||Director||Sell||104,000||$80.11||$8,331,440.00||14,382|| |
|10/25/2013||David C Parry||Chairman||Sell||20,000||$78.04||$1,560,800.00|| |
|10/23/2013||Sharon M Brady||SVP||Sell||60,000||$78.01||$4,680,600.00|| |
|9/11/2013||Michael Larsen||CFO||Buy||7,000||$74.25||$519,750.00||14,000|| |
|8/2/2013||Ernest Scott Santi||CEO||Sell||46,250||$75.00||$3,468,750.00||41,805|| |
|7/29/2013||Sundaram Nagarajan||EVP||Sell||36,399||$72.03||$2,621,819.97|| |
|7/26/2013||Sundaram Nagarajan||EVP||Sell||2,254||$72.00||$162,288.00|| |
|7/25/2013||Maria C Green||VP||Sell||6,500||$72.13||$468,845.00|| |
|6/14/2013||Ernest Scott Santi||CEO||Sell||46,250||$70.42||$3,256,925.00|| |
|6/5/2013||David C Parry||Chairman||Sell||35,000||$69.31||$2,425,850.00|| |
|5/28/2013||Sharon M Brady||SVP||Sell||38,789||$70.98||$2,753,243.22|| |
|5/21/2013||Timothy J Gardner||EVP||Sell||32,236||$71.16||$2,293,913.76|| |
|5/14/2013||Craig A Hindman||EVP||Sell||80,000||$69.36||$5,548,800.00|| |
|12/3/2012||Ernest Scott Santi||CEO||Sell||80,000||$61.29||$4,903,200.00|| |
Illinois Tool Works (NYSE ITW) News Headlines
Illinois Tool Works (NYSE:ITW) SEC Filings
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Illinois Tool Works (NYSE:ITW) Income Statement, Balance Sheet and Cash Flow Statement
Illinois Tool Works (NYSE ITW) Stock Chart for Friday, May, 25, 2018