Illinois Tool Works Inc.

Illinois Tool Works manufactures a range of industrial products and equipment. Automotive OEM segment produces components and fasteners for automotive-related applications. Food Equipment segment is engaged in commercial food equipment. Test and Measurement and Electronics segment produces equipment for testing and measuring of materials and structures. Welding segment produces arc welding equipment, consumables and accessories. Polymers and Fluids segment produces adhesives, sealants, lubrication and cutting fluids for auto aftermarket maintenance. Construction Products segment supplies fastening systems and solutions. Specialty Products segment is focused on patent protection.
  • TickerITW
  • ISINUS4523081093
  • ExchangeNew York Stock Exchange
  • SectorIndustrial Engineering
  • CountryUnited States
 PRESS RELEASE
ITW Illinois Tool W... (Industrial Goods & Services)

ITW Schedules Second Quarter 2021 Earnings Webcast

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 will hold its second quarter earnings webcast at 9:00 a.m. CDT. To access the webcast for the event, please click on the following link: If you are a participant on the conference call, please dial 1-877-201-0168 (domestic) or 1-647-788-4901 (international) 10 minutes prior to the 9:00 a.m. CDT start time. The passcode is “ITW.” Following ...

ITW Illinois Tool W... (Industrial Goods & Services)

Illinois Tool Works Inc. - March 2021 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

ITW Illinois Tool W... (Industrial Goods & Services)

Moody's announces completion of a periodic review of ratings of Illino...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Illinois Tool Works Inc.. Global Credit Research- 11 May 2021. New York, May 11, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Illinois Tool Works Inc. and other ratings that are associated with the same analytical unit.

ITW Illinois Tool W... (Industrial Goods & Services)

Illinois Tool Works Inc.: Update to credit analysis — revenue growth r...

Our credit view of Illinois Tool Works, reflecting its good free cash flow generation and moderate leverage along the resumption of more aggressive capital allocation.

ITW Illinois Tool W... (Industrial Goods & Services)

Illinois Tool Works Inc. - December 2020 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

 PRESS RELEASE
ITW Illinois Tool W... (Industrial Goods & Services)

ITW Schedules Second Quarter 2021 Earnings Webcast

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 will hold its second quarter earnings webcast at 9:00 a.m. CDT. To access the webcast for the event, please click on the following link: If you are a participant on the conference call, please dial 1-877-201-0168 (domestic) or 1-647-788-4901 (international) 10 minutes prior to the 9:00 a.m. CDT start time. The passcode is “ITW.” Following ...

 PRESS RELEASE
ITW Illinois Tool W... (Industrial Goods & Services)

ITW Board of Directors Declares Quarterly Dividend

ITW Board of Directors Declares Quarterly Dividend GLENVIEW, Ill., Feb. 12, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) declared a dividend on the company's common stock of $1.14 per share for the first quarter of 2021. The dividend equates to $4.56 per share on a full-year basis. The dividend will be paid on Wednesday, April 14, 2021 to shareholders of record as of March 31, 2021. About Illinois Tool WorksITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $12.6 billion in 2020. The company’s ...

 PRESS RELEASE
ITW Illinois Tool W... (Industrial Goods & Services)

ITW Announces Upcoming Investor Event

ITW Announces Upcoming Investor Event GLENVIEW, Ill., Feb. 08, 2021 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today announced its participation in the Barclays Industrial Select Conference on Tuesday, February 16, 2021. Senior Vice President & Chief Financial Officer, Michael Larsen, will present at the conference from 10:50-11:20 a.m. (EST). The event will be webcast live, and a replay will be available, on ITW’s Investor Relations website at . About Illinois Tool Works ITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling ...

 PRESS RELEASE
ITW Illinois Tool W... (Industrial Goods & Services)

ITW Reports Fourth Quarter and Full Year 2020 Results

ITW Reports Fourth Quarter and Full Year 2020 Results Provides 2021 Guidance Including EPS Growth of 18% at the Mid-point Fourth-Quarter 2020 Highlights Total revenue of $3.5 billion, an increase of 5% versus Q3 2020Record Q4 operating income of $883 million, an increase of 7% year-over-yearRecord Q4 operating margin of 25.4% as enterprise initiatives contributed 130 basis pointsGAAP EPS of $2.02, an increase of 2%, or 7% excluding $0.11 of divestiture gains in Q4 2019Record Q4 after-tax ROIC of 32.0%, an increase of 310 basis pointsStrong free cash flow of...

 PRESS RELEASE
ITW Illinois Tool W... (Industrial Goods & Services)

ITW to Acquire MTS Test & Simulation Business From Amphenol

ITW to Acquire MTS Test & Simulation Business From Amphenol GLENVIEW, Ill. and WALLINGFORD, Conn., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW), a global multi-industrial manufacturing leader, and Amphenol Corporation (NYSE: APH), a leading global provider of high-technology interconnect, antenna and sensor solutions, today announced that they have entered into an agreement under which ITW will acquire MTS Systems Corporation’s (Nasdaq: MTSC) Test & Simulation business, following the closing of Amphenol’s acquisition of MTS. “MTS’s Test & Simulation business is ...

Valens Research
  • Valens Research
ITW Illinois Tool W... (Industrial Goods & Services)

ITW - Embedded Expectations Analysis - 2021 01 05

Illinois Tool Works Inc. (ITW:USA) trades near historical highs relative to UAFRS-based (Uniform) earnings, with a 28.6x Uniform P/E. At these levels, the market has bullish expectations for the firm, but management may be concerned about their segments' growth, operating margins, and auto supply chain Specifically, management may have concerns about their Q4 performance, available M&A opportunities, and the sustainability of elevated Auto OEM demand. In addition, they may be exaggerating their auto supply chain's flexibility and the business' durability. Furthermore, management may lack conf...

ITW Illinois Tool W... (Industrial Goods & Services)

An unfavourable environment weighs on ILLINOIS TOOL WKS.INCO., which s...

The independent financial analyst theScreener just requalified the general evaluation of ILLINOIS TOOL WKS.INCO. (US), active in the Industrial Machinery industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date March 27, 2020, the closing price was USD 143.30 and its target price was estimated at USD 134.48.

Valens Research
  • Valens Research
ITW Illinois Tool W... (Industrial Goods & Services)

ITW - Embedded Expectations Analysis - 2019 12 16

Illinois Tool Works Inc. (ITW:USA) trades above historical averages relative to UAFRS-based (Uniform) Earnings, with a 22.8x Uniform P/E. At these levels, the market has bullish expectations for the firm, but management may be concerned about acquisition integration, revenue, and renewal rates. Specifically, management may be exaggerating the value of their InSight dashboard and the accessibility of their WordPress product. Furthermore, they may lack confidence in their ability to integrate larger acquisitions and sustain recent revenue growth. Finally, they may lack confidence in their abi...

Valens Research
  • Valens Research
ITW Illinois Tool W... (Industrial Goods & Services)

ITW - Embedded Expectations Analysis - 2019 09 03

Illinois Tool Works Inc. (ITW:USA) trades near corporate averages relative to UAFRS-based (Uniform) Earnings, with a 19.8x P/E. At these levels, the market has bullish expectations for the firm, but management has concerns about their operating margins, manufacturing capacity, and food retail growth. Specifically, management may be concerned about the sustainability of recent operating margins, and they may be exaggerating their ability to take costs out of the business during a downturn. Furthermore, they may lack confidence in their ability to continue growing their businesses and manage m...

Valens Research
  • Valens Research
ITW Illinois Tool W... (Industrial Goods & Services)

ITW - Embedded Expectations Analysis - 2019 05 07

Illinois Tool Works Inc. (ITW:USA) trades near corporate averages relative to UAFRS-based (Uniform) Earnings, with a 20.3x Uniform P/E. At these levels, the market has bullish expectations for the firm, but management has concerns about raw material cost inflation, organic revenue declines, and the progress of restructuring efforts. Specifically, management may lack confidence in their ability to offset raw material cost inflation and tariff headwinds with their differentiated product offerings. In addition, they may be concerned about international organic revenue declines, flat revenue in t...

ITW Illinois Tool W... (Industrial Goods & Services)

Illinois Tool Works Inc. - March 2021 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

ITW Illinois Tool W... (Industrial Goods & Services)

Moody's announces completion of a periodic review of ratings of Illino...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Illinois Tool Works Inc.. Global Credit Research- 11 May 2021. New York, May 11, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Illinois Tool Works Inc. and other ratings that are associated with the same analytical unit.

ITW Illinois Tool W... (Industrial Goods & Services)

Illinois Tool Works Inc.: Update to credit analysis — revenue growth r...

Our credit view of Illinois Tool Works, reflecting its good free cash flow generation and moderate leverage along the resumption of more aggressive capital allocation.

ITW Illinois Tool W... (Industrial Goods & Services)

Illinois Tool Works Inc. - December 2020 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

ITW Illinois Tool W... (Industrial Goods & Services)

Illinois Tool Works Inc. - September 2020 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

ITW Illinois Tool W... (Industrial Goods & Services)

Ford Equity US Rating and Forecast Report

Ford Equity Research covers more than 4,000 stocks using a proprietary quantitative model that evaluates a company’s earnings strength, its relative valuation and recent price movement. Ford’s five recommendation ratings include strong buy, buy, hold, sell, strong sell. For all stocks in our coverage universe, ratings are generated each week and reflect the fundamental and price data as of the last trading day of the week.

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