Illinois Tool Works Inc. (ITW)

NYSE: ITW · IEX Real-Time Price · USD
217.46
+4.29 (2.01%)
Aug 12, 2022 4:00 PM EDT - Market closed
2.01%
Market Cap 67.33B
Revenue (ttm) 15.19B
Net Income (ttm) 2.65B
Shares Out 309.62M
EPS (ttm) 8.43
PE Ratio 25.80
Forward PE 22.78
Dividend $4.88 (2.24%)
Ex-Dividend Date Sep 29, 2022
Volume 591,481
Open 214.31
Previous Close 213.17
Day's Range 213.02 - 217.60
52-Week Range 173.52 - 249.81
Beta 1.12
Analysts Hold
Price Target 195.78 (-10.0%)
Earnings Date Aug 2, 2022

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...]

Industry Machinery
Founded 1912
CEO Ernest Santi
Employees 45,000
Stock Exchange NYSE
Ticker Symbol ITW
Full Company Profile

Financial Performance

In 2021, ITW's revenue was $14.46 billion, an increase of 14.96% compared to the previous year's $12.57 billion. Earnings were $2.69 billion, an increase of 27.74%.

Financial Statements

Analyst Forecast

According to 26 analysts, the average rating for ITW stock is "Hold." The 12-month stock price forecast is 195.78, which is a decrease of -9.97% from the latest price.

Price Target
$195.78
(-9.97% downside)
Analyst Consensus: Hold
Stock Forecasts

News

ITW Board of Directors Approves Dividend Rate Increase

GLENVIEW, Ill., Aug. 05, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) authorized a seven percent increase to the dividend payout to shareholders, representing ...

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Illinois Tool Works (ITW) Q2 Earnings & Revenues Top Estimates

Illinois Tool Works' (ITW) Q2 earnings reflect gains from solid results in most of its segments. High tax rate and cost woes restrict margin growth.

Illinois Tool Works (ITW) Surpasses Q2 Earnings and Revenue Estimates

Illinois Tool Works (ITW) delivered earnings and revenue surprises of 7.24% and 1.03%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

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.

Illinois Tool Works (ITW) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Illinois Tool Works (ITW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Beat the Market the Zacks Way: NetEase, HCA, Intuit, Illinois Tool Works in Focus

Last week, our time-tested methodologies served investors well in navigating the market. Check out some of our last week's achievements.

Illinois Tool (ITW) to Post Q2 Earnings: What's in Store?

Illinois Tool's (ITW) second-quarter 2022 earnings are likely to have gained from its acquired assets. However, supply-chain challenges might have hurt performance.

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Reasons Why You Should Avoid Betting on Illinois Tool (ITW)

Illinois Tool (ITW) is grappling with raw material costinflation and supply-chain constraints. Weakness in the Automotive OEM segment and forex woes are other concerns for ITW.

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, ITW ...

FERG or ITW: Which Is the Better Value Stock Right Now?

FERG vs. ITW: Which Stock Is the Better Value Option?

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Why Illinois Tool Works (ITW) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Illinois Tool Works (ITW) have what it takes?

Illinois Tool Works (ITW) Down 3.3% Since Last Earnings Report: Can It Rebound?

Illinois Tool Works (ITW) reported earnings 30 days ago. What's next for the stock?

Why Illinois Tool Works (ITW) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Illinois Tool Works (ITW) have what it takes?

Illinois Tool (ITW) Exhibits Strong Prospects, Endures Risks

Illinois Tool (ITW) is poised to benefit from its exposure in the diverse end markets, acquired assets and shareholder-friendly policies. However, supply-chain bottlenecks remain a concern.

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

ITW Board of Directors Declares Quarterly Dividend

GLENVIEW, Ill., May 06, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) declared a dividend on the company's common stock of $1.22 per share for the second quarte...

This is Why Illinois Tool Works (ITW) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Illinois Tool Works (ITW) have what it takes?

Illinois Tool Works (ITW) Q1 Earnings and Revenues Top Estimates

Illinois Tool's (ITW) Q1 earnings results reflect strength in almost all its business segments. Management lifts revenue view for 2022.

Illinois Tool Works (ITW) Surpasses Q1 Earnings and Revenue Estimates

Illinois Tool Works (ITW) delivered earnings and revenue surprises of 1.93% and 4.56%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

ITW Reports First Quarter 2022 Results

GLENVIEW, Ill., May 03, 2022 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today reported its first quarter 2022 results.

Should You Buy Illinois Tool (ITW) Ahead of Earnings?

Illinois Tool (ITW) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Illinois Tool (ITW) to Post Q1 Earnings: Is a Beat in Store?

Illinois Tool's (ITW) first-quarter 2022 earnings are likely to have gained from exposure in diversified end markets, acquired assets and enterprise strategy. The supply-chain challenges might have hurt...

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Solid manufacturing activities, supported by growth in domestic orders, are expected to be reflected in the majority of industrial stocks' quarterly results. Supply-chain challenges and cost inflation m...

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