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Illinois Tool Works (ITW) Competitors

Illinois Tool Works logo
$258.82 +0.71 (+0.28%)
(As of 12/20/2024 05:31 PM ET)

ITW vs. PH, IR, XYL, DOV, SNA, PNR, IEX, GGG, NDSN, and SWK

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), Nordson (NDSN), and Stanley Black & Decker (SWK). 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 stock? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, valuation, risk, institutional ownership, profitability, community ranking, media sentiment and dividends.

82.4% of Parker-Hannifin shares are held by institutional investors. Comparatively, 79.8% of Illinois Tool Works shares are held by institutional investors. 0.4% of Parker-Hannifin shares are held by insiders. Comparatively, 1.3% of Illinois Tool Works shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Parker-Hannifin has a beta of 1.43, suggesting that its share price is 43% more volatile than the S&P 500. Comparatively, Illinois Tool Works has a beta of 1.1, suggesting that its share price is 10% more volatile than the S&P 500.

Parker-Hannifin received 112 more outperform votes than Illinois Tool Works when rated by MarketBeat users. Likewise, 63.81% of users gave Parker-Hannifin an outperform vote while only 56.68% of users gave Illinois Tool Works an outperform vote.

CompanyUnderperformOutperform
Parker-HannifinOutperform Votes
723
63.81%
Underperform Votes
410
36.19%
Illinois Tool WorksOutperform Votes
611
56.68%
Underperform Votes
467
43.32%

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$19.99B4.17$2.84B$22.1429.23
Illinois Tool Works$15.95B4.79$2.96B$11.5622.39

Parker-Hannifin presently has a consensus price target of $712.82, suggesting a potential upside of 10.14%. Illinois Tool Works has a consensus price target of $268.50, suggesting a potential upside of 3.74%. Given Parker-Hannifin's stronger consensus rating and higher possible upside, research 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
3 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.09

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 29.4% of its earnings in the form of a dividend. Illinois Tool Works pays out 51.9% 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 raised its dividend for 69 consecutive years and Illinois Tool Works has raised its dividend for 55 consecutive years.

Illinois Tool Works has a net margin of 21.66% compared to Parker-Hannifin's net margin of 14.47%. Illinois Tool Works' return on equity of 97.06% beat Parker-Hannifin's return on equity.

Company Net Margins Return on Equity Return on Assets
Parker-Hannifin14.47% 27.95% 11.33%
Illinois Tool Works 21.66%97.06%19.22%

In the previous week, Parker-Hannifin had 3 more articles in the media than Illinois Tool Works. MarketBeat recorded 10 mentions for Parker-Hannifin and 7 mentions for Illinois Tool Works. Parker-Hannifin's average media sentiment score of 1.31 beat Illinois Tool Works' score of 1.14 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
7 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Illinois Tool Works
3 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Parker-Hannifin beats Illinois Tool Works on 14 of the 22 factors compared between the two stocks.

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$76.43B$13.80B$9.22B$19.19B
Dividend Yield2.20%1.12%2.08%3.58%
P/E Ratio22.3924.3821.0841.22
Price / Sales4.792.534.8517.58
Price / Cash24.4120.8619.2621.28
Price / Book25.865.304.245.32
Net Income$2.96B$456.47M$398.18M$989.67M
7 Day Performance-4.88%-3.80%-4.64%-3.45%
1 Month Performance-4.11%-3.30%-1.86%-3.73%
1 Year Performance-0.67%29.29%15.47%12.06%

Illinois Tool Works Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ITW
Illinois Tool Works
3.7214 of 5 stars
$258.82
+0.3%
$268.50
+3.7%
+0.8%$76.43B$15.95B22.3945,000Analyst Forecast
Positive News
High Trading Volume
PH
Parker-Hannifin
4.7506 of 5 stars
$673.50
+0.3%
$709.65
+5.4%
+44.0%$86.69B$19.99B30.3861,120Analyst Forecast
Positive News
IR
Ingersoll Rand
4.4328 of 5 stars
$100.05
-1.0%
$107.67
+7.6%
+23.3%$40.32B$7.16B49.3218,000Positive News
XYL
Xylem
4.9698 of 5 stars
$121.39
+0.7%
$152.20
+25.4%
+6.8%$29.49B$8.42B35.262,300
DOV
Dover
4.7903 of 5 stars
$200.82
-0.1%
$213.91
+6.5%
+25.4%$27.55B$8.47B17.9825,000Analyst Upgrade
SNA
Snap-on
4.5402 of 5 stars
$352.14
-0.8%
$345.40
-1.9%
+21.0%$18.49B$4.71B18.282,700Insider Trade
Positive News
PNR
Pentair
4.6877 of 5 stars
$108.03
+0.8%
$109.38
+1.2%
+44.4%$17.85B$4.10B26.7910,500Dividend Increase
Analyst Revision
Positive News
IEX
IDEX
4.5569 of 5 stars
$223.85
+0.4%
$243.14
+8.6%
+0.1%$16.95B$3.19B34.528,800Positive News
GGG
Graco
3.8256 of 5 stars
$87.87
-0.1%
$89.25
+1.6%
-0.3%$14.84B$2.13B31.074,000Analyst Upgrade
Analyst Revision
Positive News
NDSN
Nordson
4.7341 of 5 stars
$226.00
-0.2%
$279.00
+23.5%
-17.8%$12.92B$2.69B27.927,900Dividend Announcement
Analyst Upgrade
Analyst Revision
SWK
Stanley Black & Decker
4.8377 of 5 stars
$83.17
+0.4%
$102.29
+23.0%
-14.7%$12.82B$15.38B-60.4450,500Analyst Upgrade
News Coverage
Positive News

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This page (NYSE:ITW) was last updated on 12/21/2024 by MarketBeat.com Staff
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