ITW vs. PH, IR, XYL, DOV, PNR, SNA, WWD, GGG, IEX, and ITT
Should you be buying Illinois Tool Works stock or one of its competitors? The main competitors of Illinois Tool Works include Parker-Hannifin (PH), Ingersoll Rand (IR), Xylem (XYL), Dover (DOV), Pentair (PNR), Snap-On (SNA), Woodward (WWD), Graco (GGG), IDEX (IEX), and ITT (ITT). These companies are all part of the "industrial machinery" industry.
Illinois Tool Works vs. Its Competitors
Illinois Tool Works (NYSE:ITW) and Parker-Hannifin (NYSE:PH) are both large-cap industrials companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, profitability, valuation, risk, earnings, media sentiment and dividends.
Illinois Tool Works has a net margin of 21.37% compared to Parker-Hannifin's net margin of 17.14%. Illinois Tool Works' return on equity of 92.77% beat Parker-Hannifin's return on equity.
In the previous week, Parker-Hannifin had 14 more articles in the media than Illinois Tool Works. MarketBeat recorded 38 mentions for Parker-Hannifin and 24 mentions for Illinois Tool Works. Parker-Hannifin's average media sentiment score of 1.20 beat Illinois Tool Works' score of 1.16 indicating that Parker-Hannifin is being referred to more favorably in the news media.
Illinois Tool Works has higher earnings, but lower revenue than Parker-Hannifin. Illinois Tool Works is trading at a lower price-to-earnings ratio than Parker-Hannifin, indicating that it is currently the more affordable of the two stocks.
79.8% of Illinois Tool Works shares are held by institutional investors. Comparatively, 82.4% of Parker-Hannifin shares are held by institutional investors. 0.9% of Illinois Tool Works shares are held by insiders. Comparatively, 0.4% of Parker-Hannifin shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Illinois Tool Works has a beta of 1.09, suggesting that its share price is 9% more volatile than the S&P 500. Comparatively, Parker-Hannifin has a beta of 1.34, suggesting that its share price is 34% more volatile than the S&P 500.
Illinois Tool Works presently has a consensus price target of $252.58, indicating a potential downside of 0.99%. Parker-Hannifin has a consensus price target of $719.41, indicating a potential upside of 2.27%. Given Parker-Hannifin's stronger consensus rating and higher possible upside, analysts clearly believe Parker-Hannifin is more favorable than Illinois Tool Works.
Illinois Tool Works pays an annual dividend of $6.00 per share and has a dividend yield of 2.4%. Parker-Hannifin pays an annual dividend of $7.20 per share and has a dividend yield of 1.0%. Illinois Tool Works pays out 52.8% of its earnings in the form of a dividend. Parker-Hannifin pays out 27.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Illinois Tool Works has increased its dividend for 55 consecutive years and Parker-Hannifin has increased its dividend for 70 consecutive years.
Summary
Parker-Hannifin beats Illinois Tool Works on 12 of the 20 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding ITW and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Illinois Tool Works Competitors List
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This page (NYSE:ITW) was last updated on 7/2/2025 by MarketBeat.com Staff
