Illinois Tool Works Inc. (ITW)

NYSE: ITW · IEX Real-Time Price · USD
249.09
-0.29 (-0.12%)
May 15, 2024, 4:00 PM EDT - Market closed
-0.12%
Market Cap 74.33B
Revenue (ttm) 16.06B
Net Income (ttm) 3.06B
Shares Out 298.40M
EPS (ttm) 10.14
PE Ratio 24.57
Forward PE 23.90
Dividend $5.60 (2.25%)
Ex-Dividend Date Jun 28, 2024
Volume 1,035,090
Open 250.43
Previous Close 249.38
Day's Range 248.47 - 251.70
52-Week Range 217.06 - 271.15
Beta 1.15
Analysts Hold
Price Target 256.11 (+2.82%)
Earnings Date Apr 30, 2024

About ITW

Illinois Tool Works Inc. manufactures and sells industrial products and equipment in the United States and internationally. 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 provides warewashing, refrigeration, cooking, and food processing equipm... [Read more]

Sector Industrials
Founded 1912
Employees 45,000
Stock Exchange NYSE
Ticker Symbol ITW
Full Company Profile

Financial Performance

In 2023, ITW's revenue was $16.11 billion, an increase of 1.10% compared to the previous year's $15.93 billion. Earnings were $2.96 billion, a decrease of -2.54%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for ITW stock is "Hold." The 12-month stock price forecast is $256.11, which is an increase of 2.82% from the latest price.

Price Target
$256.11
(2.82% upside)
Analyst Consensus: Hold
Stock Forecasts

News

ITW, XOM, IBM: Technical Trends & What to Watch

Industrials will perform well this year, notes Kenny Polcari. He and Rick Ducat discuss Illinois Tool Works (ITW), Exxon Mobil (XOM), and IBM (IBM) as today's big three stocks.

Other symbols: IBMXOM
9 days ago - Schwab Network

ITW Board of Directors Declares Quarterly Dividend

GLENVIEW, Ill., May 03, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) declared a dividend on the company's common stock of $1.40 per share for the 2nd quarter...

12 days ago - GlobeNewsWire

Miller Electric Mfg. LLC Releases Cutting-Edge OptX™ 2kW Handheld Laser Welder

APPLETON, Wis.--(BUSINESS WIRE)--Miller Electric Mfg. LLC, a leading worldwide manufacturer of arc welding products, announces the release of its OptX™ 2kW handheld laser welder, cutting-edge technolo...

Other symbols: IPGP
14 days ago - Business Wire

ITW Reports First Quarter 2024 Results

GLENVIEW, Ill., April 30, 2024 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today reported its first quarter 2024 results and raised guidance for full-year 2024.

15 days ago - GlobeNewsWire

ITW Schedules First Quarter 2024 Earnings Webcast

GLENVIEW, Ill., April 11, 2024 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) will issue its first quarter 2024 results on Tuesday, April 30, 2024 at 7:00 a.m. CDT. Following the release, IT...

4 weeks ago - GlobeNewsWire

Illinois Tool Works (ITW): dividend aristocrat stock hits record high

Illinois Tool Works (NYSE: ITW) stock price has surged to a record high as industrial companies continue thriving. It surged to an all-time high of $268.92 on Monday, meaning it has soared by over 82%...

2 months ago - Invezz

CAT Sentiment, HLT Ripe for a Buy, ITW Upside

Negative sentiment by some analysts is way off the mark on this stock, notes Aquiles Larrea on Caterpillar (CAT). He discusses this stock along with Hilton (HLT), and Illinois Tool Works (ITW).

Other symbols: CATHLT
2 months ago - Schwab Network

ITW Reports Fourth Quarter and Full Year 2023 Results

Fourth Quarter 2023 Highlights Revenue of $4.0 billion, essentially flat Operating margin of 24.8% as enterprise initiatives contributed 150 bps GAAP EPS of $2.38 included $(0.04) impact from the deva...

3 months ago - GlobeNewsWire

ITW Schedules Fourth Quarter and Full Year 2023 Earnings Webcast

GLENVIEW, Ill., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) will issue its fourth quarter and full year 2023 results on Thursday, February 1, 2024 at 7:00 a.m. CST. Followin...

4 months ago - GlobeNewsWire

Ex-Dividend Reminder: Illinois Tool Works, Canadian Pacific And Deere

On 12/28/23, Illinois Tool Works, Canadian Pacific Kansas City, and Deere will all trade ex-dividend for their respective upcoming dividends. Illinois Tool Works, will pay its quarterly dividend of $1...

Other symbols: CPDE
5 months ago - Forbes

Miller Electric Mfg. LLC and IPG Photonics Announce Strategic Technology Collaboration to Deliver Leading Laser Solutions to the Handheld Welding Market

Two Industry Leaders Join Forces to Pioneer Innovations in Handheld Laser Welding Systems APPLETON, Wis. , Nov. 7, 2023 /PRNewswire/ -- Miller Electric Mfg.

Other symbols: IPGP
6 months ago - PRNewsWire

67 Best Dividend Stocks for Dependable Dividend Growth

The highest yield isn't everything when it comes to finding the best dividend stocks. Income investors know there's no substitute for regular dividend increases over the long haul.

6 months ago - Kiplinger

These 8 Beaten-Down Stocks Are Long-Term Winners. Consider Buying.

The S&P 500's 5% decline from its intraday high for the year has hit even those star companies that have hit record levels in 2023. It could be an opportunity.

Other symbols: AAPLETNMCDONPEPPHMYUM
7 months ago - Barrons

ITW Schedules Third Quarter 2023 Earnings Webcast

GLENVIEW, Ill., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) will issue its third quarter 2023 results on Tuesday, October 24, 2023 at 7:00 a.m. CDT. Following the release, I...

8 months ago - GlobeNewsWire

ITW Announces CEO Succession Plan

Vice Chairman Christopher A. O'Herlihy Named President and Chief Executive Officer E.

8 months ago - GlobeNewsWire

Miller Announces New Millermatic® 142 MIG Welder

Lightweight machine in the 140-amp class delivers professional-quality welds for any project APPLETON, Wis. , Sept. 5, 2023 /PRNewswire/ -- Miller Electric Mfg.

9 months ago - PRNewsWire

ITW Board of Directors Approves Dividend Rate Increase

GLENVIEW, Ill., Aug. 04, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) authorized a seven percent increase to the dividend payout to shareholders, representin...

10 months ago - GlobeNewsWire

ITW Reports Second Quarter 2023 Results

GLENVIEW, Ill., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today reported its second quarter 2023 results.

10 months ago - GlobeNewsWire

ITW Schedules Second Quarter 2023 Earnings Webcast

GLENVIEW, Ill., July 06, 2023 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) will issue its second quarter 2023 results on Tuesday, August 1, 2023 at 7:00 a.m. CDT. Following the release, IT...

11 months ago - GlobeNewsWire

Illinois Tool Works: A Triple Threat

Dividend Kings have a special place in the stock market universe. They are companies that have increased their dividends for at least 50 consecutive years.

1 year ago - GuruFocus

ITW Board Of Directors Declares Quarterly Dividend

GLENVIEW, Ill., May 05, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) declared a dividend on the company's common stock of $1.31 per share for the second quar...

1 year ago - GlobeNewsWire

ITW Reports First Quarter 2023 Results

GLENVIEW, Ill., May 02, 2023 (GLOBE NEWSWIRE) --  - Illinois Tool Works Inc. (NYSE: ITW) today reported its first quarter 2023 results.

1 year ago - GlobeNewsWire

ITW Schedules First Quarter 2023 Earnings Webcast

GLENVIEW, Ill., April 11, 2023 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) will issue its first quarter 2023 results on Tuesday, May 2, 2023 at 7:00 a.m. CDT. Following the release, ITW w...

1 year ago - GlobeNewsWire

9 Best Industrial Stocks to Buy Now

Industrial stocks might not be the most exciting positions to own, but they play a vital role in any well-rounded portfolio.

Other symbols: ADPCATHONLMTRTXUNPUPS
1 year ago - Kiplinger

Ex-Dividend Reminder: TTEC Holdings, Deere And Illinois Tool Works

On 3/30/23, TTEC Holdings, Deere, and Illinois Tool Works will all trade ex-dividend for their respective upcoming dividends.

Other symbols: DETTEC
1 year ago - Forbes