Skip to main content

Illinois Tool Works Inc. (ITW)

NYSE: ITW · IEX Real-Time Price · USD
224.53
-0.04 (-0.02%)
After-hours:Oct 22, 2021 6:48 PM EDT
224.57
0.04 (0.02%)
At close: Oct 22, 4:00 PM
Market Cap70.73B
Revenue (ttm)14.00B
Net Income (ttm)2.67B
Shares Out315.60M
EPS (ttm)8.41
PE Ratio26.70
Forward PE23.75
Dividend$4.56 (2.03%)
Ex-Dividend DateSep 29, 2021
Volume520,421
Open225.53
Previous Close224.53
Day's Range224.43 - 226.55
52-Week Range188.19 - 239.46
Beta1.12
AnalystsHold
Price Target236.56 (+5.3%)
Est. Earnings DateOct 28, 2021

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...

IndustryMachinery
Founded1912
CEOErnest Santi
Employees43,000
Stock ExchangeNYSE
Ticker SymbolITW
Full Company Profile

Financial Performance

In 2020, ITW's revenue was $12.57 billion, a decrease of -10.88% compared to the previous year's $14.11 billion. Earnings were $2.11 billion, a decrease of -16.34%.

Financial Statements

Analyst Forecast

According to 21 analysts, the average rating for ITW stock is "Hold." The 12-month stock price forecast is 236.56, which is an increase of 5.34% from the latest price.

Price Target
$236.56
(5.34% upside)
Analyst Consensus: Hold

News

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.

1 day ago - Zacks Investment Research

Solid Demand Aids Illinois Tool (ITW), Supply Chain & Costs Hurt

Illinois Tool (ITW) is benefiting from healthy end-market demand. Supply-chain restrictions and inflation in prices of raw materials are concerning, and likely to impact margins.

1 week ago - Zacks Investment Research

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

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

Other symbols:FERG
2 weeks ago - Zacks Investment Research

Is Illinois Tool Works a Buy?

Analyzing the investment case for buying the industrial stock on a dip.

2 weeks ago - The Motley Fool

ITW Schedules Third Quarter 2021 Earnings Webcast

GLENVIEW, Ill., Oct. 05, 2021 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) will issue its third quarter 2021 results on Thursday, October 28, 2021 at 7:00 a.m. CDT. Following the release, IT...

2 weeks ago - GlobeNewsWire

Why Shares in Illinois Tool Works Slumped in September

Raw material price rises and supply chain difficulties are creating difficulties for industrial companies.

2 weeks ago - The Motley Fool

September Sell-Off: How to Navigate the Market

The slowdown in China's property markets might be good news for companies suffering soaring costs of raw materials in 2021.

Other symbols:CATMMMOTISRIO
4 weeks ago - The Motley Fool

3 Dividend Raises You Can Still Take Advantage of

One of these lifts even landed in double-digit territory.

Other symbols:DEVZ
1 month ago - The Motley Fool

3 Stocks Worth Buying During a Stock Market Sell-Off

This basket of value stocks and dividend stocks has the staying power to outlast a market crash.

Other symbols:FDXSCL
1 month ago - The Motley Fool

Illinois Tool (ITW) Gains From Market Strength Amid Cost Woes

Illinois Tool (ITW) to gain from rising product demand in end markets, enterprise strategy and healthy liquidity. The persistence of supply-chain constraints and a hike in raw material costs to hurt.

1 month ago - Zacks Investment Research

Illinois Tool's (ITW) Board Approves 7% Hike in Dividend Rate

Illinois Tool (ITW) board hikes the quarterly dividend rate by 7%. The move is in sync with the company's shareholder-friendly policies.

2 months ago - Zacks Investment Research

Illinois Tool Works Raises Dividend By 7%

Illinois Tool Works Inc. (NYSE: ITW) has increased its dividend by 7%, representing a quarterly increase of $0.08 per share – or $0.32 per share annually.  The dividend equates to $4.88 per share on a f...

2 months ago - Benzinga

ITW Board of Directors Approves Dividend Rate Increase

GLENVIEW, Ill., Aug. 06, 2021 (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 ...

2 months ago - GlobeNewsWire

5 Top Stocks to Buy With Dividends Set to Be Raised This Week

After years of a low interest rate environment, many investors have turned to equities not only for the growth potential but also for solid and dependable dividends that help to provide an income stream.

Other symbols:RMD
2 months ago - 24/7 Wall Street

Stocks This Week: Buy Illinois Tool Works And Oneok

A down Monday day is likely to be followed by a seasonally strong 4-day period.

Other symbols:OKE
2 months ago - Forbes

Illinois Tool Works Q2 Result Beats Estimates, Cuts FY21 Operating Margin Outlook

Illinois Tool Works Inc. (NYSE: ITW) reported second-quarter operating revenue growth of 43% year-over-year to $3.68 billion (up 37% on an organic basis), beating the consensus of $3.54 billion. Revenue...

2 months ago - Benzinga

Illinois Tool (ITW) Beats Q2 Earnings Estimates, Ups '21 View

Illinois Tool (ITW) Q2 earnings gain from solid segmental results and margin expansion despite supply-chain and raw-material woes playing spoilsport. It ups top- and bottom-line projections for 2021.

2 months ago - Zacks Investment Research

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

Illinois Tool Works (ITW) delivered earnings and revenue surprises of 1.45% and 2.97%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Recap: Illinois Tool Works Q2 Earnings

Shares of Illinois Tool Works (NYSE:ITW) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share rose 142.57% year over year to $2.45, which beat the estimate of $2.05.

2 months ago - Benzinga

ITW Reports Second Quarter 2021 Results

GLENVIEW, Ill., July 30, 2021 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today reported its second quarter 2021 results.

2 months ago - GlobeNewsWire

Why Earnings Season Could Be Great for Illinois Tool (ITW)

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

2 months ago - Zacks Investment Research

Illinois Tool (ITW) to Post Q2 Earnings: Is a Beat in Store?

Illinois Tool (ITW) Q2 results to reflect the impacts of healthy demand in the majority end markets served, gains from the enterprise strategy and supply-chain constraints in the automotive market.

2 months ago - Zacks Investment Research

Illinois Tool Works (ITW) Reports Next Week: Wall Street Expects Earnings Growth

Illinois Tool Works (ITW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Why Illinois Tool Works (ITW) is a Top Momentum Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

2 months ago - Zacks Investment Research

ITW Schedules Second Quarter 2021 Earnings Webcast

GLENVIEW, Ill., July 08, 2021 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) will issue its second quarter 2021 results on Friday, July 30, 2021 at 7:00 a.m. CDT. Following the release, ITW wi...

3 months ago - GlobeNewsWire