Illinois Tool Works Inc. (ITW)

NYSE: ITW · Real-Time Price · USD
264.10
+1.85 (0.71%)
Feb 19, 2025, 4:00 PM EST - Market closed
0.71%
Market Cap 77.51B
Revenue (ttm) 15.90B
Net Income (ttm) 3.49B
Shares Out 293.50M
EPS (ttm) 11.71
PE Ratio 22.55
Forward PE 25.31
Dividend $6.00 (2.27%)
Ex-Dividend Date Mar 31, 2025
Volume 818,007
Open 262.01
Previous Close 262.25
Day's Range 261.26 - 264.35
52-Week Range 232.77 - 279.13
Beta 1.12
Analysts Hold
Price Target 270.67 (+2.49%)
Earnings Date Feb 5, 2025

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 2024, Illinois Tool Works's revenue was $15.90 billion, a decrease of -1.30% compared to the previous year's $16.11 billion. Earnings were $3.49 billion, an increase of 17.96%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for ITW stock is "Hold." The 12-month stock price forecast is $270.67, which is an increase of 2.49% from the latest price.

Price Target
$270.67
(2.49% upside)
Analyst Consensus: Hold
Stock Forecasts

News

ITW Board of Directors Declares Quarterly Dividend

GLENVIEW, Ill., Feb. 14, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) declared a dividend on the company's common stock of $1.50 per share for the first quar...

5 days ago - GlobeNewsWire

Illinois Tool Works: Good Balance Between Growth And Value

Illinois Tool Works: Good Balance Between Growth And Value

11 days ago - Seeking Alpha

The Next Big Opportunity: My Favorite Dividend Stocks For The Shift Ahead

I believe we're at a turning point for cyclical stocks, with improving indicators and global growth signaling potential outperformance in industrials, energy, and transportation. I'm positioning my po...

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12 days ago - Seeking Alpha

Illinois Tool Works Inc. (ITW) Q4 2024 Earnings Call Transcript

Illinois Tool Works Inc. (NYSE:ITW) Q4 2024 Earnings Conference Call February 5, 2025 10:00 AM ET Company Participants Erin Linnihan - Vice President, Investor Relations Chris O'Herlihy - President &...

14 days ago - Seeking Alpha

ITW Reports Fourth Quarter and Full Year 2024 Results

Fourth Quarter 2024 Highlights Revenue of $3.9 billion, a decrease of 1.3% as organic growth declined 0.5%; Organic growth of 0.4% turned positive excluding Product Line Simplification (PLS) reduction...

14 days ago - GlobeNewsWire

What Can The Dividend Kings Deliver In 2025?

The Dividend Kings underperformed the broad U.S. equity market in 2024, achieving a 5.53% total return compared to the S&P 500's 24.89%. 2024 returns for the Dividend Kings were primarily driven by ea...

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27 days ago - Seeking Alpha

ITW Schedules Fourth Quarter and Full Year 2024 Earnings Webcast

GLENVIEW, Ill., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) will issue its fourth quarter and full year 2024 results on Wednesday, February 5, 2025 at 7:00 a.m. CST. Followi...

5 weeks ago - GlobeNewsWire

Highest Quality Dividend Kings For 2025

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7 weeks ago - Seeking Alpha

Illinois Tool Works: Customer-Back Innovation And Improving Macros To Drive Upside

Illinois Tool Works Inc. has strong growth prospects driven by Customer-Back Innovation (CBI) and efficient R&D, which is helping it gain share and enhancing pricing power. The company's margin outloo...

3 months ago - Seeking Alpha

Illinois Tool Works: Stagnant Growth May Hinder This Stock

Illinois Tool Works has a long history of providing investors with healthy returns. The company has respectable financial metrics including a growing revenue per share figure, a stable gross profit ma...

3 months ago - Seeking Alpha

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

Illinois Tool Works Inc. (NYSE:ITW) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Erin Linnihan - VP, IR Chris O'Hairlehy - President and CEO Michael Larsen - SVP...

4 months ago - Seeking Alpha

ITW Reports Third Quarter 2024 Results

GLENVIEW, Ill., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today reported its third quarter 2024 results.

4 months ago - GlobeNewsWire

Undervalued Dividend Kings: October 2024

Dividend Kings have a 50+ year track record of increasing dividends, showcasing resilience through economic challenges. I rank Dividend Kings by quality score and highlight undervalued stocks for pote...

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4 months ago - Seeking Alpha

ITW Schedules Third Quarter 2024 Earnings Webcast

GLENVIEW, Ill., Oct. 04, 2024 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) will issue its third quarter 2024 results on Wednesday, October 30, 2024 at 7:00 a.m. CDT. Following the release,...

4 months ago - GlobeNewsWire

Dividend Income Summary: Lanny's August 2024 Summary

Investing in dividend stocks allows you to earn dividend income, the best passive income stream. In August, we (my wife and I) received a dividend income total of $1,415.47. 2023 was up 24%. Eight mon...

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5 months ago - Seeking Alpha

Dividend Increases Expected In September 2024

We anticipate six dividend increases in September 2024, based on the consistent history of these blue-chip stocks announcing annual increases in this month. Dividend growth is crucial for financial fr...

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5 months ago - Seeking Alpha

Bert's July Dividend Income Summary (2024)

In July 2024, we received $1,683.75 in dividend income. We have been buying at least 4 shares of SCHD every single week. I accepted a long time ago that Leggett & Platt's dividend cut was terrible.

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6 months ago - Seeking Alpha

Dividend Income: Lanny's July 2024 Summary

In July, we (my wife and I) received a dividend income total of $2,836.82. 2023 was up 24%. 7 months down in 2024 and the S&P 500 is still up almost 13%, despite the recent sell-offs. We have a high l...

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7 months ago - Seeking Alpha

ITW Board of Directors Approves Dividend Rate Increase

GLENVIEW, Ill., Aug. 02, 2024 (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...

7 months ago - GlobeNewsWire

Illinois Tool Works Inc. (ITW) Q2 2024 Earnings Call Transcript

Illinois Tool Works Inc. (NYSE:ITW) Q2 2024 Earnings Conference Call July 30, 2024 10:00 AM ET Company Participants Erin Linnihan - VP, IR Christopher O'Herlihy - President and CEO Michael Larsen - S...

7 months ago - Seeking Alpha

ITW Reports Second Quarter 2024 Results

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

7 months ago - GlobeNewsWire

Illinois Tool Works: Expect Sequential Improvements In Q2, But Stock Still Looks Pricey

Illinois Tool Works will publish its Q2 results on July 30 before market hours. We touch upon the key themes that could dominate the earnings event. Despite the correction this year, the stock still l...

7 months ago - Seeking Alpha

ITW Schedules Second Quarter 2024 Earnings Webcast

GLENVIEW, Ill., July 12, 2024 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) will issue its second quarter 2024 results on Tuesday, July 30, 2024 at 7:00 a.m. CDT. Following the release, ITW...

7 months ago - GlobeNewsWire

Illinois Tool Works: Attractively Valued With Good Growth Prospects

Illinois Tool Works Inc. is expected to benefit from easier year-over-year comparisons and stable demand, leading to revenue growth. The company's focus on customer-driven innovation and new product l...

9 months ago - Seeking Alpha

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
10 months ago - Schwab Network