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Illinois Tool Works (ITW) Stock

Profile

Country:

United States

IPO:

13 March 1973

Indexes:

Description:

Illinois Tool Works Inc. is an American manufacturing company headquartered in Glenview, Illinois (USA). It is a producer of a wide range of industrial products and equipment for companies in various industries including original equipment manufacturing, electronics, automotive, food service, retail food, construction, shipbuilding, energy, and others. It was founded in 1912 and includes 87 subsidiaries located in 55 countries around the world. The company's product portfolio consists of various categories of goods, including components for the automotive industry, equipment for the food industry, equipment, consumables, and related software for testing and measurement, solutions for arc welding, special adhesives, sealants, lubricants, and lubricating-cooling fluids, construction and specialized products.

Key Details

Price

$254.83

TTM Dividend Yield

2.24%(+7.69% YoY)

PE Ratio

22.04(-17.79% YoY)

Beta

0.56

Events Calendar

Earnings

Next earnings date:

Jan 31, 2025

Recent quarterly earnings:

Oct 30, 2024

Recent annual earnings:

Feb 01, 2024
Dividend

Next ex-dividend date:

Dec 31, 2024

Recent ex-dividend date:

Sept 30, 2024
Splits

Next split:

N/A

Recent split:

May 26, 2006

Analyst ratings

Recent major analysts updates

19 Dec '24 Truist Securities
Buy
11 Dec '24 Stifel
Hold
09 Dec '24 Citigroup
Neutral
06 Dec '24 Jefferies
Hold
05 Dec '24 Barclays
Equal-Weight
13 Nov '24 Evercore ISI Group
Underperform
01 Nov '24 Barclays
Underweight
31 Oct '24 Baird
Neutral
16 Oct '24 Stifel
Hold
09 Oct '24 Truist Securities
Buy

Market Data

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Institutional Ownership

Illinois Tool Benefits From Business Strength Amid Headwinds
Illinois Tool Benefits From Business Strength Amid Headwinds
Illinois Tool Benefits From Business Strength Amid Headwinds
ITW
zacks.com18 December 2024

ITW benefits from strong performance in various markets, successful business strategies, and actions that favor shareholders. However, there continues to be weakness in the MTS test and simulation sector.

Take the Zacks Approach to Beat the Markets: Shopify, Enerflex, The Greenbrier in Focus
Take the Zacks Approach to Beat the Markets: Shopify, Enerflex, The Greenbrier in Focus
Take the Zacks Approach to Beat the Markets: Shopify, Enerflex, The Greenbrier in Focus
ITW
Zacks16 December 2024

Last week, our proven methods helped investors successfully manage the market. Take a look at some of the successes we've had over the last three months.

Illinois Tool Works: Customer-Back Innovation And Improving Macros To Drive Upside
Illinois Tool Works: Customer-Back Innovation And Improving Macros To Drive Upside
Illinois Tool Works: Customer-Back Innovation And Improving Macros To Drive Upside
ITW
seekingalpha.com27 November 2024

Illinois Tool Works Inc. is expected to grow well thanks to its Customer-Back Innovation (CBI) and effective research and development, which are helping it increase market share and improve pricing power. The company's profit outlook is encouraging, supported by better operating efficiency, cost-cutting measures, and improved profit margins from selling off parts of the business. Currently, ITW's stock is priced slightly lower than its historical average P/E, suggesting a potential total return of around 11-12%.

Illinois Tool Works Inc. (ITW) Q3 2024 Earnings Conference Call Transcript
Illinois Tool Works Inc. (ITW) Q3 2024 Earnings Conference Call Transcript
Illinois Tool Works Inc. (ITW) Q3 2024 Earnings Conference Call Transcript
ITW
seekingalpha.com30 October 2024

Illinois Tool Works Inc. (NYSE:ITW) will hold its Q3 2024 Earnings Conference Call on October 30, 2024, at 10:00 AM ET. The call will feature company representatives including Erin Linnihan, Chris O'Hairlehy, and Michael Larsen. Participants from various financial institutions will also join the call.

Illinois Tool's Q3 Earnings Surpass Estimates, Revenues Miss
Illinois Tool's Q3 Earnings Surpass Estimates, Revenues Miss
Illinois Tool's Q3 Earnings Surpass Estimates, Revenues Miss
ITW
zacks.com30 October 2024

In the third quarter of 2024, ITW's revenues fell by 1.6% compared to the same period last year, mainly because most of its segments did not perform well.

Illinois Tool Works (ITW) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
Illinois Tool Works (ITW) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
Illinois Tool Works (ITW) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
ITW
zacks.com30 October 2024

The financial results for Illinois Tool Works (ITW) from the quarter ending in September 2024 provide insight into the company's performance. It may also be helpful to compare some important metrics with Wall Street predictions and figures from the same period last year.

ITW Reports Third Quarter 2024 Results
ITW Reports Third Quarter 2024 Results
ITW Reports Third Quarter 2024 Results
ITW
globenewswire.com30 October 2024

GLENVIEW, Ill., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) has announced its results for the third quarter of 2024.

Illinois Tool Gears Up to Report Q3 Earnings: What to Expect
Illinois Tool Gears Up to Report Q3 Earnings: What to Expect
Illinois Tool Gears Up to Report Q3 Earnings: What to Expect
ITW
zacks.com28 October 2024

ITW's results for the third quarter are expected to benefit from strong performance in the Automotive OEM and Specialty Products divisions. However, a decline in the Welding segment may negatively impact the overall results.

ITW Board of Directors Declares Quarterly Dividend
ITW Board of Directors Declares Quarterly Dividend
ITW Board of Directors Declares Quarterly Dividend
ITW
globenewswire.com24 October 2024

GLENVIEW, Ill., Oct. 24, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) has announced a dividend of $1.50 per share for the fourth quarter of 2024. This amounts to a total of $6.00 per share for the entire year. Shareholders who are on record by December 31, 2024, will receive the payment on January 10, 2025.

ITW Schedules Third Quarter 2024 Earnings Webcast
ITW Schedules Third Quarter 2024 Earnings Webcast
ITW Schedules Third Quarter 2024 Earnings Webcast
ITW
globenewswire.com04 October 2024

GLENVIEW, Ill., Oct. 04, 2024 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) plans to announce its third quarter 2024 results on Wednesday, October 30, 2024, at 7:00 a.m. CDT. After the announcement, ITW will host a webcast to discuss the earnings at 9:00 a.m. CDT.

FAQ

  • What is the primary business of Illinois Tool Works?
  • What is the ticker symbol for Illinois Tool Works?
  • Does Illinois Tool Works pay dividends?
  • What sector is Illinois Tool Works in?
  • What industry is Illinois Tool Works in?
  • What country is Illinois Tool Works based in?
  • When did Illinois Tool Works go public?
  • Is Illinois Tool Works in the S&P 500?
  • Is Illinois Tool Works in the NASDAQ 100?
  • Is Illinois Tool Works in the Dow Jones?
  • When was Illinois Tool Works's last earnings report?
  • When does Illinois Tool Works report earnings?
  • Should I buy Illinois Tool Works stock now?

What is the primary business of Illinois Tool Works?

Illinois Tool Works Inc. is an American manufacturing company headquartered in Glenview, Illinois (USA). It is a producer of a wide range of industrial products and equipment for companies in various industries including original equipment manufacturing, electronics, automotive, food service, retail food, construction, shipbuilding, energy, and others. It was founded in 1912 and includes 87 subsidiaries located in 55 countries around the world. The company's product portfolio consists of various categories of goods, including components for the automotive industry, equipment for the food industry, equipment, consumables, and related software for testing and measurement, solutions for arc welding, special adhesives, sealants, lubricants, and lubricating-cooling fluids, construction and specialized products.

What is the ticker symbol for Illinois Tool Works?

The ticker symbol for Illinois Tool Works is NYSE:ITW

Does Illinois Tool Works pay dividends?

Yes, Illinois Tool Works pays dividends. The last payment was $1.50, with an ex-dividend date on 30 September 2024

What sector is Illinois Tool Works in?

Illinois Tool Works is in the Industrials sector

What industry is Illinois Tool Works in?

Illinois Tool Works is in the Specialty Industrial Machinery industry

What country is Illinois Tool Works based in?

Illinois Tool Works is headquartered in United States

When did Illinois Tool Works go public?

Illinois Tool Works's initial public offering (IPO) was on 13 March 1973

Is Illinois Tool Works in the S&P 500?

Yes, Illinois Tool Works is included in the S&P 500 index

Is Illinois Tool Works in the NASDAQ 100?

No, Illinois Tool Works is not included in the NASDAQ 100 index

Is Illinois Tool Works in the Dow Jones?

No, Illinois Tool Works is not included in the Dow Jones index

When was Illinois Tool Works's last earnings report?

Illinois Tool Works's most recent earnings report was on 30 October 2024

When does Illinois Tool Works report earnings?

The next expected earnings date for Illinois Tool Works is 31 January 2025

Should I buy Illinois Tool Works stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions