Illinois Tool Works Inc. (ITW)

NYSE: ITW · IEX Real-Time Price · USD
234.47
+0.96 (0.41%)
Sep 25, 2023, 4:00 PM EDT - Market closed
0.41%
Market Cap 70.90B
Revenue (ttm) 16.08B
Net Income (ttm) 3.10B
Shares Out 302.39M
EPS (ttm) 10.10
PE Ratio 23.21
Forward PE 23.28
Dividend $5.60 (2.39%)
Ex-Dividend Date Sep 28, 2023
Volume 470,103
Open 232.73
Previous Close 233.51
Day's Range 232.55 - 235.15
52-Week Range 180.27 - 264.19
Beta 1.16
Analysts Hold
Price Target 236.92 (+1.05%)
Earnings Date Oct 24, 2023

About ITW

Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. 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 equipment; kitchen exhaust, ventilati... [Read more]

Sector Industrials
Founded 1912
Employees 46,000
Stock Exchange NYSE
Ticker Symbol ITW
Full Company Profile

Financial Performance

In 2022, ITW's revenue was $15.93 billion, an increase of 10.22% compared to the previous year's $14.46 billion. Earnings were $3.03 billion, an increase of 12.62%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for ITW stock is "Hold." The 12-month stock price forecast is $236.92, which is an increase of 1.05% from the latest price.

Price Target
$236.92
(1.05% upside)
Analyst Consensus: Hold
Stock Forecasts

News

ITW Announces CEO Succession Plan

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

19 days 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.

20 days 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...

7 weeks 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.

2 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...

2 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.

4 months 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...

5 months 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.

5 months 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...

5 months 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
6 months 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
6 months ago - Forbes

Boring is Beautiful, Illinois Tool Works Stock Fits the Bill

The markets have been so volatile since the pandemic that boring and stable businesses that report in GAAP numbers are a welcome respite for investors. Industrial products and equipment manufacturer I...

6 months ago - MarketBeat

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...

6 months ago - GlobeNewsWire

ITW Board of Directors Declares Quarterly Dividend

GLENVIEW, Ill., Feb. 10, 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 first quar...

8 months ago - GlobeNewsWire

ITW Reports Fourth Quarter and Full Year 2022 Results

Fourth Quarter 2022 Highlights

8 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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.

Other symbols: CATCSX
10 months ago - CNBC

Illinois Tool Works CEO on dealing with supply chain issues

Cramer spoke with Illinois Tool Works CEO Scott Santi on Wednesday.

11 months ago - CNBC Television

ITW Reports Third Quarter 2022 Results

GLENVIEW, Ill., Oct. 25, 2022 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today reported its third quarter 2022 results.

1 year ago - GlobeNewsWire

ITW Schedules Third Quarter 2022 Earnings Webcast

GLENVIEW, Ill., Oct. 04, 2022 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) will issue its third quarter 2022 results on Tuesday, October 25, 2022 at 7:00 a.m. CDT. Following the release, I...

1 year ago - GlobeNewsWire

2 Stocks With Promising Earnings Growth Estimates

Predicting the future in investing is impossible, but companies with strong business models have a higher potential to outperform those without significant competitive advantages. I like to look for c...

Other symbols: APD
1 year ago - GuruFocus

Final Trades: Amgen, Exxon, Illinois Tool Works & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: AMGNXOMDEA
1 year ago - CNBC Television

ITW Reports Second Quarter 2022 Results

GLENVIEW, Ill., Aug. 02, 2022 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today reported its second quarter 2022 results.

1 year ago - GlobeNewsWire

ITW Schedules Second Quarter 2022 Earnings Webcast

GLENVIEW, Ill., July 13, 2022 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) will issue its second quarter 2022 results on Tuesday, August 2, 2022 at 7:00 a.m. CDT. Following the release, IT...

1 year ago - GlobeNewsWire

Sanctuary Wealth CIO: these two ‘boring' stocks are now a ‘buy'

U.S. equities remained volatile on Friday, closing down 4.0% from the weekly high. Amidst the turmoil, the Sanctuary Wealth CIO says the following two “boring” stocks now look like exciting buys.

Other symbols: BWA
1 year ago - Invezz