Illinois Tool Works
About: Founded in 1912, Illinois Tool Works has become a diversified industrial manufacturer through acquisitions and innovations that follow customer needs. ITW operates through seven business segments, with no segment representing more than one fifth of revenue. ITW's automotive OEM segment sells vehicle components; its food equipment segment sells commercial kitchen appliances; its test & measurement and electronics segment sells inspection and analysis equipment; its welding segment sells welding equipment and consumables; its polymers & fluids segment sells industrial and consumer adhesives, solvents, and coatings; its construction products segment sells building fasteners and tools; and its specialty products segment sells medical, packaging, HVAC, and airport ground equipment.
Employees: 44,000
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
102% more first-time investments, than exits
New positions opened: 190 | Existing positions closed: 94
61% more call options, than puts
Call options by funds: $77.4M | Put options by funds: $47.9M
15% more funds holding in top 10
Funds holding in top 10: 13 [Q3] → 15 (+2) [Q4]
1.53% more ownership
Funds ownership: 80.66% [Q3] → 82.19% (+1.53%) [Q4]
1% more funds holding
Funds holding: 1,722 [Q3] → 1,740 (+18) [Q4]
1% less capital invested
Capital invested by funds: $62.7B [Q3] → $62.2B (-$426M) [Q4]
2% less repeat investments, than reductions
Existing positions increased: 596 | Existing positions reduced: 609
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$245
7%
downside
Avg. target
$273
3%
upside
High target
$318
20%
upside
8 analyst ratings
2 positive
25%
4 neutral
50%
2 negative
25%
Evercore ISI Group David Raso 85% 1-year accuracy 17 / 20 met price target | 5%downside $252 | Underperform Maintained | 19 Feb 2025 |
Barclays Julian Mitchell 55% 1-year accuracy 63 / 115 met price target | 1%downside $262 | Equal-Weight Maintained | 7 Feb 2025 |
Stifel Nathan Jones 59% 1-year accuracy 42 / 71 met price target | 2%downside $259 | Hold Maintained | 6 Feb 2025 |
Wells Fargo Joseph O'Dea 50% 1-year accuracy 18 / 36 met price target | 7%downside $245 | Underweight Maintained | 6 Feb 2025 |
JP Morgan Tami Zakaria 44% 1-year accuracy 15 / 34 met price target | 12%upside $295 | Overweight Maintained | 3 Feb 2025 |
Financial journalist opinion
Based on 14 articles about ITW published over the past 30 days
Positive
The Motley Fool
4 hours ago
3 Dividend King Stocks to Buy With $500 and Hold Forever
Buy and hold forever is a popular expression. Admittedly, forever is a long time.
Positive
The Motley Fool
14 hours ago
This Dividend King Continues to Deliver on Promises to Investors. Here's Why It's a Buy Now.
Dividend Kings, or companies that have raised their payouts for at least 50 consecutive years, provide a great starting point for investors looking for reliable passive income sources. But some Dividend Kings don't consistently raise their dividends by a meaningful amount, or they have fractures in their business model that could jeopardize future raises.
Neutral
GlobeNewsWire
1 week ago
ITW Board of Directors Declares Quarterly Dividend
GLENVIEW, Ill., Feb. 14, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) declared a dividend on the company's common stock of $1.50 per share for the first quarter of 2025. The dividend equates to $6.00 per share on a full-year basis. The dividend will be paid on April 10, 2025 to shareholders of record as of March 31, 2025.
Neutral
Seeking Alpha
1 week ago
Illinois Tool Works: Good Balance Between Growth And Value
Illinois Tool Works: Good Balance Between Growth And Value
Positive
Seeking Alpha
2 weeks ago
The Next Big Opportunity: My Favorite Dividend Stocks For The Shift Ahead
I believe we're at a turning point for cyclical stocks, with improving indicators and global growth signaling potential outperformance in industrials, energy, and transportation. I'm positioning my portfolio for this shift, adding to railroads, machinery, and energy stocks. I'm confident these sectors will see strong returns and accelerating dividend growth. Of course, risks remain - geopolitical tensions, inflation, or economic slowdowns could derail this trend. But for now, the risk/reward looks favorable.
Positive
Zacks Investment Research
2 weeks ago
Illinois Tool Q4 Earnings Surpass Estimates, Revenues Miss
ITW's fourth-quarter 2024 results benefit from revenue growth in the Food Equipment and Test & Measurement and Electronics segments.
Neutral
Seeking Alpha
2 weeks ago
Illinois Tool Works Inc. (ITW) Q4 2024 Earnings Call Transcript
Illinois Tool Works Inc. (NYSE:ITW ) Q4 2024 Earnings Conference Call February 5, 2025 10:00 AM ET Company Participants Erin Linnihan - Vice President, Investor Relations Chris O'Herlihy - President & Chief Executive Officer Michael Larsen - Senior Vice President & Chief Financial Officer Conference Call Participants Stephen Volkmann - Jefferies Scott Davis - Melius Research Andrew Kaplowitz - Citi Group Jeff Sprague - Vertical Research Jamie Cook - Truist Securities Joe Ritchie - Goldman Sachs Tami Zakaria - JPMorgan Julian Mitchell - Barclays Nigel Coe - Wolfe Research Joe O'Dea - Wells Fargo Andrew Obin - Bank of America Operator My name is Tamika and I will be your conference operator today. At this time, I would like to welcome everyone to the ITW's Fourth Quarter Earnings Conference Call.
Neutral
Zacks Investment Research
2 weeks ago
Illinois Tool Works (ITW) Reports Q4 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Illinois Tool Works (ITW) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Positive
Zacks Investment Research
2 weeks ago
Illinois Tool Works (ITW) Beats Q4 Earnings Estimates
Illinois Tool Works (ITW) came out with quarterly earnings of $2.54 per share, beating the Zacks Consensus Estimate of $2.49 per share. This compares to earnings of $2.42 per share a year ago.
Neutral
GlobeNewsWire
2 weeks ago
ITW Reports Fourth Quarter and Full Year 2024 Results
Fourth Quarter 2024 Highlights Revenue of $3.9 billion, a decrease of 1.3% as organic growth declined 0.5%; Organic growth of 0.4% turned positive excluding Product Line Simplification (PLS) reduction of 0.9% Record operating margin of 26.2%, an increase of 140 bps as enterprise initiatives contributed 120 bps Operating cash flow of $1.1B; record free cash flow of $1B, an increase of 10% with a conversion of 133% GAAP EPS of $2.54, an increase of 7% 2024 Highlights Revenue of $15.9 billion, a decrease of 1.3% as organic growth declined 0.7% in markets that were down low to mid-single digits Record operating margin of 26.8% as enterprise initiatives contributed 130 bps Record GAAP EPS of $11.71, an increase of 20% 2025 Guidance Above-market organic growth of 0 to 2% based on current levels of demand; Organic growth of 1 to 3% excluding PLS reduction of approximately 1%-point Enterprise initiatives contributing approximately 100 bps to margin improvement GAAP EPS of $10.15 to $10.55 including foreign currency translation headwind of $0.30 GLENVIEW, Ill., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today reported its fourth quarter and full year 2024 results and initiated guidance for full year 2025.
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