Lowest-Rated StocksLowest-RatedNYSE:ITW Illinois Tool Works (ITW) Stock Price, News & Analysis $243.60 +0.54 (+0.22%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$242.34▼$245.8350-Day Range$233.14▼$253.8952-Week Range$217.50▼$271.15Volume754,290 shsAverage Volume1.12 million shsMarket Capitalization$72.69 billionP/E Ratio24.02Dividend Yield2.46%Price Target$250.22 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Illinois Tool Works alerts: Email Address Illinois Tool Works MarketRank™ Stock AnalysisAnalyst RatingHold2.10 Rating ScoreUpside/Downside2.7% Upside$250.22 Price TargetShort InterestBearish1.91% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.80Upright™ Environmental ScoreNews Sentiment0.89Based on 15 Articles This WeekInsider TradingAcquiring Shares$185,086 Bought Last QuarterProj. Earnings Growth5.50%From $10.18 to $10.74 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.87 out of 5 starsIndustrial Products Sector66th out of 165 stocksGeneral Industrial Machinery & Equipment Industry6th out of 9 stocks 2.1 Analyst's Opinion Consensus RatingIllinois Tool Works has received a consensus rating of Hold. The company's average rating score is 2.10, and is based on 2 buy ratings, 4 hold ratings, and 3 sell ratings.Amount of Analyst CoverageIllinois Tool Works has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Illinois Tool Works' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.91% of the float of Illinois Tool Works has been sold short.Short Interest Ratio / Days to CoverIllinois Tool Works has a short interest ratio ("days to cover") of 5.4.Change versus previous monthShort interest in Illinois Tool Works has recently increased by 5.81%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldIllinois Tool Works pays a meaningful dividend of 2.24%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthIllinois Tool Works has been increasing its dividend for 55 years.Dividend CoverageThe dividend payout ratio of Illinois Tool Works is 59.17%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Illinois Tool Works will have a dividend payout ratio of 55.87% next year. This indicates that Illinois Tool Works will be able to sustain or increase its dividend.Read more about Illinois Tool Works' dividend. Previous Next 1.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreIllinois Tool Works has received a -39.23% net impact score from Upright. The largest negative impact of Illinois Tool Works in category "GHG emissions" seems to be driven mostly by its "Plastic zipper bags", "Car body parts", "Metal welding equipment", and "Car powertrain and chassis" products. See details.Environmental SustainabilityThe Environmental Impact score for Illinois Tool Works is -3.80. Previous Next 2.7 News and Social Media Coverage News SentimentIllinois Tool Works has a news sentiment score of 0.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Illinois Tool Works this week, compared to 9 articles on an average week.Search InterestOnly 9 people have searched for ITW on MarketBeat in the last 30 days. This is a decrease of -18% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added Illinois Tool Works to their MarketBeat watchlist in the last 30 days. This is a decrease of -13% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Illinois Tool Works insiders have bought more of their company's stock than they have sold. Specifically, they have bought $185,086.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.88% of the stock of Illinois Tool Works is held by insiders.Percentage Held by Institutions79.77% of the stock of Illinois Tool Works is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Illinois Tool Works' insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Illinois Tool Works are expected to grow by 5.50% in the coming year, from $10.18 to $10.74 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Illinois Tool Works is 24.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.25.Price to Earnings Ratio vs. SectorThe P/E ratio of Illinois Tool Works is 24.02, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.20.Price to Earnings Growth RatioIllinois Tool Works has a PEG Ratio of 4.03. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioIllinois Tool Works has a P/B Ratio of 24.41. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Illinois Tool Works' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Deal MakerThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.Learn more about this much-needed advancement and investment opportunity here. About Illinois Tool Works Stock (NYSE: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 equipment; kitchen exhaust, ventilation, and pollution control systems; and food equipment maintenance and repair services. The Test & Measurement and Electronics segment produces and sells equipment, consumables, and related software for testing and measuring of materials and structures, as well as equipment and consumables used in the production of electronic subassemblies and microelectronics. The Welding segment produces arc welding equipment; and metal arc welding consumables and related accessories. The Polymers & Fluids segment produces adhesives, sealants, lubrication and cutting fluids, and fluids and polymers for auto aftermarket maintenance and appearance. The Construction Products segment offers engineered fastening systems and solutions for the residential construction, renovation/remodel, and commercial construction markets. The Specialty Products segment provides beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. It serves the automotive OEM and tiers, MRO, commercial food equipment, construction, general industrial, industrial capital goods, consumer durables, automotive aftermarket end, and other markets. The company distributes its products directly to industrial manufacturers, as well as through independent distributors. Illinois Tool Works Inc. was founded in 1912 and is based in Glenview, Illinois.Read More ITW Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ITW Stock News HeadlinesSeptember 5 at 2:51 PM | finance.yahoo.comUnder The Bonnet, Illinois Tool Works' (NYSE:ITW) Returns Look ImpressiveSeptember 3, 2024 | markets.businessinsider.comWells Fargo Keeps Their Sell Rating on Illinois Tool Works (ITW)September 7, 2024 | Weiss Ratings (Ad)“Fed Proof” Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.September 3, 2024 | finance.yahoo.comWinners And Losers Of Q2: Illinois Tool Works (NYSE:ITW) Vs The Rest Of The General Industrial Machinery StocksSeptember 1, 2024 | finance.yahoo.comWith 83% institutional ownership, Illinois Tool Works Inc. (NYSE:ITW) is a favorite amongst the big gunsSeptember 1, 2024 | fool.comWorried About a Stock Market Sell-Off? Consider Coca-Cola, Pepsi, and These 3 Safe Dividend Kings for Decades of Passive Income.August 31, 2024 | marketwatch.comIllinois Tool Works Inc. stock underperforms Thursday when compared to competitors despite daily gainsAugust 28, 2024 | americanbankingnews.comIllinois Tool Works Inc. (NYSE:ITW) Receives Consensus Rating of "Hold" from BrokeragesSeptember 7, 2024 | Weiss Ratings (Ad)“Fed Proof” Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.August 28, 2024 | americanbankingnews.comIllinois Tool Works Inc. (NYSE:ITW) Receives $250.22 Consensus Target Price from BrokeragesAugust 27, 2024 | fool.com3 Dividend Kings to Buy Now for a Lifetime of Passive IncomeAugust 26, 2024 | markets.businessinsider.comWells Fargo Sticks to Its Sell Rating for Illinois Tool Works (ITW)August 22, 2024 | fool.comWorried About a Recession? Buy These 3 Top Dividend Stocks and Relax.August 21, 2024 | markets.businessinsider.comWells Fargo Sticks to Their Sell Rating for Illinois Tool Works (ITW)August 21, 2024 | marketwatch.comIllinois Tool Works Inc. stock underperforms Tuesday when compared to competitors despite daily gainsAugust 20, 2024 | finance.yahoo.comIllinois Tool Works' (NYSE:ITW) investors will be pleased with their respectable 88% return over the last five yearsAugust 14, 2024 | finance.yahoo.comCalculating The Fair Value Of Illinois Tool Works Inc. (NYSE:ITW)August 6, 2024 | marketwatch.comIllinois Tool Works Inc. stock underperforms Monday when compared to competitorsSee More Headlines Receive ITW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Illinois Tool Works and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 7/11 Dividend6/28/2024Dividend Payable7/11/2024Last Earnings7/30/2024Today9/07/2024Ex-Dividend for 10/11 Dividend9/30/2024Dividend Payable10/11/2024Next Earnings (Estimated)10/22/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorIndustrial Products Industry General industrial machinery & equipment Sub-IndustryIndustrial Machinery Current SymbolNYSE:ITW CUSIP45230810 CIK49826 Webwww.itw.com Phone(224) 661-8870Fax847-657-4572Employees45,000Year Founded1912Price Target and Rating Average Stock Price Target$250.22 High Stock Price Target$281.00 Low Stock Price Target$215.00 Potential Upside/Downside+2.7%Consensus RatingHold Rating Score (0-4)2.10 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$10.14 Trailing P/E Ratio24.02 Forward P/E Ratio23.93 P/E Growth4.03Net Income$2.96 billion Net Margins19.15% Pretax Margin25.08% Return on Equity99.74% Return on Assets19.26% Debt Debt-to-Equity Ratio2.17 Current Ratio1.30 Quick Ratio0.92 Sales & Book Value Annual Sales$16.01 billion Price / Sales4.54 Cash Flow$10.75 per share Price / Cash Flow22.65 Book Value$9.98 per share Price / Book24.41Miscellaneous Outstanding Shares298,400,000Free Float295,774,000Market Cap$72.69 billion OptionableOptionable Beta1.10 Social Links 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Christopher A. O'Herlihy (Age 60)President, CEO & Director Comp: $3.61MMr. Michael M. Larsen (Age 55)Senior VP & CFO Comp: $3.41MMs. Mary Katherine Lawler (Age 58)Senior VP & Chief Human Resources Officer Comp: $1.83MMr. Axel R. J. Beck (Age 58)Executive Vice President of Food Equipment Comp: $1.66MMr. Randall J. Scheuneman (Age 56)VP & Chief Accounting Officer Ms. Karen A. Fletcher (Age 64)Vice President of Investor Relations Ms. Jennifer Kaplan Schott (Age 50)Senior VP, General Counsel & Secretary Mr. Michael R. Zimmerman (Age 63)Executive Vice President of Polymers & Fluids Comp: $1.46MMr. Kenneth T. Escoe (Age 48)Executive Vice President of Specialty Products Ms. Sharon A. Szafranski (Age 57)Executive Vice President of Welding More ExecutivesKey CompetitorsParker-HannifinNYSE:PHIngersoll RandNYSE:IRXylemNYSE:XYLDoverNYSE:DOVStanley Black & DeckerNYSE:SWKView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 75,940 shares on 9/5/2024Ownership: 0.025%Maven Securities LTDBought 6,500 shares on 8/29/2024Ownership: 0.000%Clearbridge Investments LLCBought 9,513 shares on 8/27/2024Ownership: 0.147%New Century Financial Group LLCBought 1,137 shares on 8/27/2024Ownership: 0.000%Teachers Retirement System of The State of KentuckySold 14,540 shares on 8/26/2024Ownership: 0.015%View All Insider TransactionsView All Institutional Transactions Should I Buy Illinois Tool Works Stock? ITW Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Illinois Tool Works Inc.: Illinois Tool Works reported earnings per share of $2.54 for the quarter, beating analysts' consensus estimates, indicating strong financial performance. The company has a solid return on equity of 99.74%, showcasing efficient utilization of shareholder funds to generate profits. Recent insider buying activity, with Director David Byron Smith, Jr. acquiring 775 shares, can signal confidence in the company's future prospects. Institutional investors like Capital Research Global Investors and Norges Bank have increased their holdings in Illinois Tool Works, reflecting positive sentiment from large financial institutions. Illinois Tool Works pays a quarterly dividend, providing investors with a steady income stream and potentially attracting income-focused investors. Cons Investors should be bearish about investing in Illinois Tool Works Inc. for these reasons: Illinois Tool Works' revenue was down compared to the same quarter last year, indicating a potential decline in sales performance. Analyst ratings show a mixed sentiment with some firms issuing sell ratings, suggesting uncertainty in the company's future growth prospects. Price targets from research firms have been adjusted, with some lowering their estimates, indicating concerns about the company's valuation. The company's payout ratio is relatively high at 55.23%, which may limit future dividend growth or reinvestment in the business. Barclays issued an "underweight" rating for Illinois Tool Works, implying a cautious outlook on the stock's performance. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, August 20, 2024. Please send any questions or comments about these Illinois Tool Works pros and cons to contact@marketbeat.com. ITW Stock Analysis - Frequently Asked Questions How have ITW shares performed this year? Illinois Tool Works' stock was trading at $261.94 at the beginning of the year. Since then, ITW shares have decreased by 7.0% and is now trading at $243.60. View the best growth stocks for 2024 here. How were Illinois Tool Works' earnings last quarter? Illinois Tool Works Inc. (NYSE:ITW) announced its quarterly earnings results on Tuesday, July, 30th. The industrial products company reported $2.54 earnings per share for the quarter, beating analysts' consensus estimates of $2.45 by $0.09. The business's revenue was down 1.2% compared to the same quarter last year. Read the conference call transcript. What is E. Scott Santi's approval rating as Illinois Tool Works' CEO? 204 employees have rated Illinois Tool Works Chief Executive Officer E. Scott Santi on Glassdoor.com. E. Scott Santi has an approval rating of 94% among the company's employees. This puts E. Scott Santi in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. Does Illinois Tool Works have any subsidiaries? Illinois Tool Works subsidiaries include these companies: MTS Systems., Vesta, Coeur, Despatch Industries, Elro Group, Hartness International, Avery Weigh Tronix, and more. Who are Illinois Tool Works' major shareholders? Top institutional shareholders of Illinois Tool Works include Massachusetts Financial Services Co. MA (1.23%), Legal & General Group Plc (0.91%), Bank of New York Mellon Corp (0.84%) and Dimensional Fund Advisors LP (0.51%). Insiders that own company stock include Ernest Scott Santi, David Byron Smith Jr, Michael M Larsen, Christopher A O'herlihy, Randall J Scheuneman, Lei Zhang Schlitz, Sharon Szafranski, Mary Katherine Lawler and Jay L Henderson. View institutional ownership trends. How do I buy shares of Illinois Tool Works? Shares of ITW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Illinois Tool Works own? Based on aggregate information from My MarketBeat watchlists, some other companies that Illinois Tool Works investors own include Johnson & Johnson (JNJ), AbbVie (ABBV), AT&T (T), Walt Disney (DIS), Home Depot (HD), 3M (MMM) and PepsiCo (PEP). This page (NYSE:ITW) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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