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 Friday, February 15th. Shareholders of record on Friday, March 29th will be paid a dividend of $1.00 per share on Wednesday, April 10th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.82%. The ex-dividend date is Thursday, March 28th. View Illinois Tool Works' Dividend History.

Illinois Tool Works announced that its board has initiated a share repurchase program on Friday, August 3rd 2018, which allows the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 6.4% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's management believes its shares are undervalued.

Illinois Tool Works Inc. (NYSE:ITW) released its quarterly earnings data on Friday, February, 1st. The industrial products company reported $1.83 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.82 by $0.01. The industrial products company had revenue of $3.58 billion for the quarter, compared to analysts' expectations of $3.61 billion. Illinois Tool Works had a return on equity of 69.48% and a net margin of 17.35%. The business's revenue was down 1.4% on a year-over-year basis. During the same period last year, the firm earned $1.70 EPS. View Illinois Tool Works' Earnings History.

Illinois Tool Works is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for Illinois Tool Works.

Illinois Tool Works updated its FY19 earnings guidance on Friday, February, 1st. The company provided earnings per share (EPS) guidance of $7.90-8.20 for the period, compared to the Thomson Reuters consensus estimate of $8.03.

15 brokerages have issued twelve-month price targets for Illinois Tool Works' shares. Their forecasts range from $115.00 to $150.00. On average, they expect Illinois Tool Works' stock price to reach $133.7692 in the next year. This suggests that the stock has a possible downside of 5.8%. View Analyst Price Targets 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 5 sell ratings, 9 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Illinois Tool Works.

Press coverage about ITW stock has trended very negative this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news 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 closest to five being the most favorable. Illinois Tool Works earned a media sentiment score of -3.6 on InfoTrie's scale. They also assigned news articles about the industrial products company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days.

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).

Based on aggregate information from My MarketBeat watchlists, some companies that other Illinois Tool Works investors own include 3M (MMM), Johnson & Johnson (JNJ), General Electric (GE), Boeing (BA), Walt Disney (DIS), Home Depot (HD), AbbVie (ABBV), NVIDIA (NVDA), PepsiCo (PEP) and AT&T (T).

Illinois Tool Works' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.30%), Northern Trust Corp (4.27%), Oregon Public Employees Retirement Fund (3.03%), Massachusetts Financial Services Co. MA (2.66%), Bank of New York Mellon Corp (1.44%) and Geode Capital Management LLC (1.20%). 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, 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 Bank of America Corp DE, BlackRock Inc., Investec Asset Management LTD, Bank of Montreal Can, Kayne Anderson Rudnick Investment Management LLC, Eaton Vance Management, Donaldson Capital Management LLC and Westfield Capital Management Co. LP. 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 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 Oregon Public Employees Retirement Fund, Norges Bank, Massachusetts Financial Services Co. MA, Bessemer Group Inc., Cerity Partners LLC, Coho Partners Ltd., Stifel Financial Corp and Northern Trust Corp. 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 $142.04.

Illinois Tool Works has a market capitalization of $46.60 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.

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]