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Illinois Tool Works (ITW) Competitors

Illinois Tool Works logo
$264.30 -1.25 (-0.47%)
Closing price 03:59 PM Eastern
Extended Trading
$263.21 -1.09 (-0.41%)
As of 06:29 PM Eastern
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ITW vs. PH, IR, XYL, DOV, SNA, PNR, IEX, GGG, SWK, and NDSN

Should you be buying Illinois Tool Works stock or one of its competitors? The main competitors of Illinois Tool Works include Parker-Hannifin (PH), Ingersoll Rand (IR), Xylem (XYL), Dover (DOV), Snap-on (SNA), Pentair (PNR), IDEX (IEX), Graco (GGG), Stanley Black & Decker (SWK), and Nordson (NDSN). These companies are all part of the "industrial machinery" industry.

Illinois Tool Works vs.

Parker-Hannifin (NYSE:PH) and Illinois Tool Works (NYSE:ITW) are both large-cap industrial products companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, institutional ownership, profitability, valuation, dividends, community ranking, earnings, risk and media sentiment.

Parker-Hannifin has a beta of 1.45, indicating that its stock price is 45% more volatile than the S&P 500. Comparatively, Illinois Tool Works has a beta of 1.11, indicating that its stock price is 11% more volatile than the S&P 500.

Illinois Tool Works has lower revenue, but higher earnings than Parker-Hannifin. Illinois Tool Works is trading at a lower price-to-earnings ratio than Parker-Hannifin, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Parker-Hannifin$19.93B4.31$2.84B$24.1627.61
Illinois Tool Works$15.90B4.88$3.49B$11.7222.55

In the previous week, Illinois Tool Works had 8 more articles in the media than Parker-Hannifin. MarketBeat recorded 44 mentions for Illinois Tool Works and 36 mentions for Parker-Hannifin. Parker-Hannifin's average media sentiment score of 1.54 beat Illinois Tool Works' score of 1.28 indicating that Parker-Hannifin is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Parker-Hannifin
32 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Illinois Tool Works
29 Very Positive mention(s)
2 Positive mention(s)
8 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Parker-Hannifin received 118 more outperform votes than Illinois Tool Works when rated by MarketBeat users. Likewise, 63.90% of users gave Parker-Hannifin an outperform vote while only 56.19% of users gave Illinois Tool Works an outperform vote.

CompanyUnderperformOutperform
Parker-HannifinOutperform Votes
731
63.90%
Underperform Votes
413
36.10%
Illinois Tool WorksOutperform Votes
613
56.19%
Underperform Votes
478
43.81%

82.4% of Parker-Hannifin shares are owned by institutional investors. Comparatively, 79.8% of Illinois Tool Works shares are owned by institutional investors. 0.4% of Parker-Hannifin shares are owned by insiders. Comparatively, 0.9% of Illinois Tool Works shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Illinois Tool Works has a net margin of 21.94% compared to Parker-Hannifin's net margin of 15.87%. Illinois Tool Works' return on equity of 95.39% beat Parker-Hannifin's return on equity.

Company Net Margins Return on Equity Return on Assets
Parker-Hannifin15.87% 27.34% 11.64%
Illinois Tool Works 21.94%95.39%19.49%

Parker-Hannifin pays an annual dividend of $6.52 per share and has a dividend yield of 1.0%. Illinois Tool Works pays an annual dividend of $6.00 per share and has a dividend yield of 2.3%. Parker-Hannifin pays out 27.0% of its earnings in the form of a dividend. Illinois Tool Works pays out 51.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Parker-Hannifin has increased its dividend for 69 consecutive years.

Parker-Hannifin currently has a consensus target price of $739.06, suggesting a potential upside of 10.79%. Illinois Tool Works has a consensus target price of $269.30, suggesting a potential upside of 1.89%. Given Parker-Hannifin's stronger consensus rating and higher probable upside, analysts clearly believe Parker-Hannifin is more favorable than Illinois Tool Works.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Parker-Hannifin
0 Sell rating(s)
2 Hold rating(s)
15 Buy rating(s)
0 Strong Buy rating(s)
2.88
Illinois Tool Works
2 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.18

Summary

Parker-Hannifin beats Illinois Tool Works on 13 of the 22 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ITW vs. The Competition

MetricIllinois Tool WorksGeneral industrial machinery & equipment IndustryIndustrial SectorNYSE Exchange
Market Cap$77.94B$14.56B$9.05B$20.05B
Dividend Yield2.27%1.21%2.09%3.65%
P/E Ratio22.5519.6016.7834.88
Price / Sales4.882.324.1315.44
Price / Cash22.7516.8222.2520.85
Price / Book23.394.654.494.92
Net Income$3.49B$539.71M$424.79M$1.02B
7 Day Performance2.45%-4.76%-2.80%-1.05%
1 Month Performance1.14%-13.54%-5.92%-1.39%
1 Year Performance2.42%9.74%29.11%13.93%

Illinois Tool Works Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ITW
Illinois Tool Works
4.1711 of 5 stars
$264.30
-0.5%
$269.30
+1.9%
+3.8%$77.94B$15.90B22.5545,000Dividend Announcement
Analyst Upgrade
Insider Trade
Analyst Revision
News Coverage
Positive News
PH
Parker-Hannifin
4.7597 of 5 stars
$700.13
+0.9%
$729.18
+4.1%
+33.9%$90.12B$19.93B28.9861,120Analyst Forecast
Positive News
IR
Ingersoll Rand
4.6081 of 5 stars
$85.79
-7.3%
$105.92
+23.5%
-0.1%$34.58B$6.88B41.8518,000Analyst Forecast
High Trading Volume
XYL
Xylem
4.4706 of 5 stars
$129.41
-1.3%
$149.90
+15.8%
+4.6%$31.44B$8.56B35.362,300Ex-Dividend
Positive News
DOV
Dover
4.5627 of 5 stars
$202.46
-0.1%
$218.91
+8.1%
+29.0%$27.78B$7.75B10.4125,000
SNA
Snap-on
4.0035 of 5 stars
$339.12
-0.2%
$345.40
+1.9%
+25.8%$17.81B$5.11B17.392,700Insider Trade
PNR
Pentair
4.6686 of 5 stars
$96.71
-0.5%
$111.25
+15.0%
+27.6%$15.98B$4.08B25.8610,500Analyst Revision
IEX
IDEX
4.775 of 5 stars
$195.21
+1.1%
$241.00
+23.5%
-15.0%$14.78B$3.27B29.358,800Analyst Forecast
Analyst Revision
News Coverage
GGG
Graco
3.6058 of 5 stars
$85.84
-0.3%
$91.50
+6.6%
-0.9%$14.49B$2.11B30.444,000Dividend Announcement
Analyst Revision
SWK
Stanley Black & Decker
4.8374 of 5 stars
$87.18
+0.4%
$103.00
+18.1%
+1.6%$13.44B$15.37B44.9450,500Dividend Announcement
Analyst Forecast
NDSN
Nordson
4.828 of 5 stars
$216.42
-0.4%
$279.25
+29.0%
-17.3%$12.36B$2.69B26.698,000Earnings Report
News Coverage

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This page (NYSE:ITW) was last updated on 2/21/2025 by MarketBeat.com Staff
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