Illinois Tool Works Inc. (ITW)
Market Cap | 79.76B |
Revenue (ttm) | 16.11B |
Net Income (ttm) | 2.96B |
Shares Out | 298.80M |
EPS (ttm) | 9.74 |
PE Ratio | 27.54 |
Forward PE | 26.23 |
Dividend | $5.60 (2.09%) |
Ex-Dividend Date | Mar 27, 2024 |
Volume | 885,576 |
Open | 265.78 |
Previous Close | 264.09 |
Day's Range | 265.56 - 268.28 |
52-Week Range | 217.06 - 271.15 |
Beta | 1.14 |
Analysts | Hold |
Price Target | 244.20 (-8.95%) |
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]
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 StatementsAnalyst Forecast
According to 10 analysts, the average rating for ITW stock is "Hold." The 12-month stock price forecast is $244.2, which is a decrease of -8.95% from the latest price.
News
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%...
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).
ITW Board of Directors Declares Quarterly Dividend
GLENVIEW, Ill., Feb. 09, 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 first quar...
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...
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...
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...
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.
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...
ITW Announces CEO Succession Plan
Vice Chairman Christopher A. O'Herlihy Named President and Chief Executive Officer E.
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.
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...
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.
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...
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.
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...
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.
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...
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.
ITW Schedules 2023 Investor Day
GLENVIEW, Ill., March 20, 2023 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE:ITW) will hold an in-person investor conference in Boston on Thursday May 18, 2023 featuring presentations and Q&A wit...
ITW Reports Fourth Quarter and Full Year 2022 Results
Fourth Quarter 2022 Highlights
ITW Schedules Fourth Quarter and Full Year 2022 Earnings Webcast
GLENVIEW, Ill., Jan. 11, 2023 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) will issue its fourth quarter and full year 2022 results on Thursday, February 02, 2023 at 7:00 a.m. CST. Followi...
Jim Cramer says he likes these 3 industrial stocks heading into 2023
Jim Cramer said Friday he likes Caterpillar, Illinois Tool Works and CSX heading into 2023.