Illinois Tool Works Inc. (ITW)
| Market Cap | 76.43B |
| Revenue (ttm) | 15.95B |
| Net Income (ttm) | 3.46B |
| Shares Out | 295.30M |
| EPS (ttm) | 11.55 |
| PE Ratio | 22.42 |
| Forward PE | 24.72 |
| Dividend | $6.00 (2.32%) |
| Ex-Dividend Date | Dec 31, 2024 |
| Volume | 1,128,469 |
| Open | 257.71 |
| Previous Close | 258.11 |
| Day's Range | 257.26 - 262.35 |
| 52-Week Range | 232.77 - 279.13 |
| Beta | 1.11 |
| Analysts | Hold |
| Price Target | 268.50 (+3.74%) |
| Earnings Date | Jan 30, 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]
Financial Performance
In 2023, Illinois Tool Works'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 StatementsAnalyst Forecast
According to 10 analysts, the average rating for ITW stock is "Hold." The 12-month stock price forecast is $268.5, which is an increase of 3.74% from the latest price.
News
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...
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...
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...
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.
ITW Board of Directors Declares Quarterly Dividend
GLENVIEW, Ill., Oct. 24, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) declared a dividend on the company's common stock of $1.50 per share for the fourth qua...
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...
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,...
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...
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...
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.
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...
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...
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...
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.
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...
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...
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...
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.
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...
Illinois Tool Works Inc. (ITW) Q1 2024 Earnings Call Transcript
Illinois Tool Works Inc. (NYSE:ITW) Q1 2024 Earnings Conference Call April 30, 2024 10:00 AM ET Company Participants Erin Linnihan - VP, IR Karen Fletcher - VP, IR Christopher O'Herlihy - President a...
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.
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...
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%...
Rethinking Risk: Why It's Time To Shift Focus From Dividend Safety To Dividend Growth
Dividend growth investors focus on consistently growing dividends rather than high yields, as it ensures income continues to grow over time. Dividend safety is often considered of utmost importance fo...