Illinois Tool Works Stock News

Illinois Tool Works Inc. found using ticker (ITW) now have 18 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The target price ranges between 267 and 206 with the average target price sitting at 239.78. With the stocks previous close at 241.7 this indicates there is a potential downside of -.8%. The 50 day moving average now sits at 230.97 and the 200 day MA is 226.93. The company has a market capitalisation of $76,917m. You can visit the company''s website by visiting: https://www.itw.com [stock_market_widget type="chart" symbol="ITW" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. 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.

Those who fear that going to cash will cause them to lose too much to inflation are ignoring that the gains of the past 2 years are a huge windfall.

WINTON GROUP Ltd lifted its position in shares of Illinois Tool Works Inc. (NYSE:ITW) by 30.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,501 shares of the industrial products companys stock after acquiring an additional 6,022 shares during the []

Community Bank N.A. trimmed its holdings in shares of Illinois Tool Works Inc. (NYSE:ITW) by 0.5% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 22,535 shares of the industrial products companys stock after selling 120 shares during the quarter. Community Bank N.A.s holdings []

Darwin Advisors LLC reduced its position in Illinois Tool Works Inc. (NYSE:ITW) by 12.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,897 shares of the industrial products companys stock after selling 542 shares during the quarter. Darwin Advisors LLCs holdings in Illinois []

Palladium Partners LLC boosted its position in Illinois Tool Works Inc. (NYSE:ITW) by 2.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,191 shares of the industrial products companys stock after purchasing an additional 64 shares during the quarter. Palladium Partners LLCs holdings []

J.W. Cole Advisors Inc. purchased a new position in shares of Illinois Tool Works Inc. (NYSE:ITW) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,014 shares of the industrial products companys stock, valued at approximately $210,000. A number of []

Physicians Financial Services Inc. increased its position in Illinois Tool Works Inc. (NYSE:ITW) by 4.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,812 shares of the industrial products companys stock after buying an additional 300 shares during the []

Wall Street analysts expect that Illinois Tool Works Inc. (NYSE:ITW) will report sales of $3.54 billion for the current quarter, according to Zacks Investment Research. Five analysts have provided estimates for Illinois Tool Works’ earnings, with the lowest sales estimate coming in at $3.46 billion and the highest estimate coming in at $3.58 billion. Illinois […]

Hexavest Inc. decreased its holdings in Illinois Tool Works Inc. (NYSE:ITW) by 16.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 36,784 shares of the industrial products companys stock after selling 7,382 shares during the quarter. Hexavest Inc.s holdings in Illinois []

Balasa Dinverno & Foltz LLC lifted its position in shares of Illinois Tool Works Inc. (NYSE:ITW) by 5.6% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,465 shares of the industrial products companys stock after buying an additional 130 shares during the quarter. Balasa Dinverno & []

Shulman DeMeo Asset Management LLC purchased a new position in Illinois Tool Works Inc. (NYSE:ITW) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 2,487 shares of the industrial products companys stock, valued at approximately $514,000. Other institutional investors have also recently []

Strs Ohio lessened its stake in Illinois Tool Works Inc. (NYSE:ITW) by 8.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 99,536 shares of the industrial products companys stock after selling 8,959 shares during the quarter. Strs Ohios holdings in Illinois Tool Works were worth $20,567,000 as of its most recent SEC []

Avantax Advisory Services Inc. lifted its stake in Illinois Tool Works Inc. (NYSE:ITW) by 15.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,042 shares of the industrial products companys stock after purchasing an additional 527 shares during the period. Avantax Advisory Services []

New York State Teachers Retirement System decreased its position in shares of Illinois Tool Works Inc. (NYSE:ITW) by 4.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 302,582 shares of the industrial products companys stock after selling 13,779 []