itw stock — Illinois Tool Works Guide

ITW stock is the ticker for Illinois Tool Works Inc., a diversified industrial manufacturer listed on the NYSE; this guide summarizes the stock’s trading profile, fundamentals, dividends, ownership...

2024-07-06 12:53:00

By Blockchain Lexicon

Article rating

4.2

114 ratings

Bitget offers a variety of ways to buy or sell popular cryptocurrencies. Buy now!

A welcome pack worth 6200 USDT for new users! Sign up now!

ITW (NYSE: ITW) — Illinois Tool Works Inc. (stock)

ITW stock is the ticker symbol for Illinois Tool Works Inc., a diversified industrial manufacturer listed on the New York Stock Exchange. This article provides a comprehensive, investor-focused overview of the company’s equity: trading summary, historical price performance, fundamentals, dividends, ownership and analyst coverage. Read on to learn where to find time-stamped data, how short interest may influence flows, and which documents to consult for verified facts.

Company overview

Illinois Tool Works Inc. (ITW) is a diversified manufacturing company operating global businesses that design and manufacture specialized products and systems. Founded in 1912 and headquartered in Glenview, Illinois, ITW serves a broad set of industrial end markets.

The company reports multiple principal business segments, which commonly include:

Automotive OEM: components, fastening systems and assemblies for vehicle manufacturers.
Food Equipment: commercial foodservice equipment, parts and service.
Test, Measurement & Electronics: instrumentation, sensors and related products.
Welding: welding equipment and consumables.
Polymers & Fluids: specialty resins, adhesives and fluids for industrial use.
Construction Products: tools and components for building and infrastructure.
Specialty Products: niche industrial systems and consumables.

ITW is generally classified within the Industrials sector and is known for a decentralized operating model focusing on engineered products and aftermarket services. The company competes on product innovation, manufacturing scale and distribution channels within its industry niches.

Stock listing and trading summary

ITW trades under the ticker ITW on the New York Stock Exchange (NYSE). Trading is conducted in U.S. dollars (USD) during standard U.S. market hours. The security is typically categorized under Industrials / Specialty Industrial Machinery or diversified industrials in market-data classifications.

Key trading data

Commonly tracked trading data for ITW stock includes:

Market capitalization: a snapshot of the company’s total equity value (market cap fluctuates with the share price and should be checked on time-stamped market pages or SEC filings).
Share count and float: total shares outstanding and shares available for trading (float) are reported in SEC filings and investor presentations.
Average volume: a measure of liquidity based on daily traded shares over a defined period (e.g., 30-day or 90-day average volume).
Daily high/low: intraday price extremes used to assess volatility for the trading session.
52‑week range: the high and low prices over the past year; useful for benchmarking current price.

These data points are updated continuously on market-data platforms and in exchange-reported feeds.

Market indexes and ETFs

ITW is commonly included in broad-market and sector indexes. Inclusion in major indexes (for example, large-cap indices) and certain industrial or dividend-focused ETFs can affect passive flows and liquidity for ITW stock. Index inclusion tends to increase demand from funds that track those indices and can influence trading volume around index rebalancing dates.

Investors should review prospectuses of relevant ETFs and index membership lists to confirm which funds hold ITW and the sizes of their positions when assessing potential index-driven flows.

Historical price performance

Reviewing ITW stock historical performance helps investors understand multi-period returns and volatility. Common horizons include year-to-date (YTD), 1-year and 5-year performance.

YTD performance: compares the current price to the price at the start of the calendar year.
1‑year performance: shows recent trend and can capture cyclical shifts.
5‑year performance: places recent results in a longer-term context of business and market cycles.

Notable price milestones and volatility events may include earnings-release reactions, macroeconomic shocks, sector-specific cycles (e.g., automotive demand swings), and corporate events such as large acquisitions or divestitures.

For adjusted historical price series (which account for splits and dividends), consult time-stamped charting tools on major market-data platforms or the company’s investor relations site.

Financials and operating results

Key financial metrics investors track for ITW stock include the following categories:

Revenue (top line): total sales for periods reported on the income statement.
Net income: the company’s profit after taxes and expenses.
Earnings per share (EPS): net income allocated per share; core for equity valuation.
Margins: gross, operating and net margins that reflect profitability dynamics.
Return on equity (ROE): efficiency in generating returns for shareholders.
EBITDA: earnings before interest, taxes, depreciation and amortization; used to compare operating profitability.

When reviewing recent quarterly and annual reports, investors should focus on growth drivers (organic growth, pricing, volume), cost trends, margin expansion or compression, and cash flow generation.

Recent quarterly results and guidance

Quarterly earnings releases and management guidance can materially affect expectations for ITW stock. Pay attention to the following when reading quarterly reports:

Beats or misses on EPS and revenue versus consensus estimates, and the magnitude of any surprises.
Management’s guidance for upcoming quarters or full-year outlook, including any revisions to prior guidance.
Commentary on demand conditions in end markets such as automotive, food equipment, or construction.
One‑time items, restructuring charges, or acquisition-related impacts that affect comparability.

As a best practice, compare the headline numbers to the management discussion in earnings releases and to the corresponding SEC filings (10‑Q or 10‑K) for context and reconciliations.

Valuation metrics

Investors use standard valuation measures to assess ITW stock versus peers and historical levels. Common metrics include:

Price-to-earnings (P/E) ratio: current price divided by trailing EPS.
Forward P/E: price divided by consensus expected EPS for the next 12 months.
Price-to-sales (P/S): market cap divided by revenue; useful for companies with varying margins.
Price-to-cash-flow: relation of price to operating cash flow per share.
EV/EBITDA: enterprise value to EBITDA; accounts for debt and is useful in capital-intensive industries.

Third-party fair-value estimates and analyst target prices provide another lens on valuation. When consulting analyst targets, note the date of the estimate and the coverage firm for context.

Dividends and shareholder returns

ITW has a long record of paying regular dividends. Investors typically review the following items for dividend-focused analysis:

Dividend policy and frequency: ITW pays dividends on a quarterly basis (confirm on the investor relations page for current schedule).
Dividend growth history: a multi-year track record of increases can signal management’s commitment to returning capital.
Dividend yield: annualized dividend divided by the current share price; this changes with price movements.
Payout ratio: the portion of earnings paid out as dividends, useful for assessing sustainability.

Share repurchases and capital allocation

Share buybacks are often a component of ITW’s capital-allocation strategy alongside dividends and reinvestment. Key points to monitor:

Authorized repurchase programs and remaining authorization amounts reported in filings.
Actual buyback activity disclosed each quarter.
Management commentary on the priority among dividends, buybacks and M&A.

Together, dividends and repurchases form the company’s shareholder-return policy and can influence per-share metrics over time.

Ownership and insider activity

Understanding who owns ITW stock helps interpret trading dynamics and potential longer-term support. Typical ownership categories include:

Institutional ownership: percentage of shares held by mutual funds, asset managers, and other institutional investors.
Insider ownership: shares owned by company executives and directors; reported in SEC filings.
Retail ownership: individual investor holdings, often smaller on a percentage basis for large-cap industrials.

Tracking insider buys and sells via Form 4 filings can offer insight into management confidence, while 13F filings reveal institutional holdings and changes reported quarterly.

Institutional investors and holdings trends

Institutional investors can materially impact ITW stock through portfolio rebalancing and reported position changes. To monitor trends:

Review quarterly SEC Form 13F filings for major funds that report ITW positions.
Compare large funds’ allocations over multiple quarters to see increasing or decreasing conviction.
Note that 13F filings report holdings as of quarter-end and lag current positions.

Institutional trends can signal macro or sector rotation themes affecting ITW.

Analyst coverage and market sentiment

Analysts provide coverage through recommendations (buy/hold/sell), price targets and research reports. When reviewing analyst coverage:

Consider the consensus mix of ratings and the distribution of price targets.
Track notable upgrades, downgrades, and research themes (for example, margin expansion, cyclical recovery, or operational risks).
Check the publication dates of reports to ensure the data and opinions are current.

Market sentiment also appears in short-interest data, which can signal bearish positioning or potential short-covering dynamics.

As of 2026-01-25, according to Benzinga, Illinois Tool Works Inc's short interest rose 9.54% since its last report. There are 8.30 million shares sold short, equal to 2.87% of the float, and it would take approximately 7.33 days to cover those short positions based on average trading volume. This short interest snapshot provides a time-stamped view of bearish positioning; changes in short interest can affect intraday and near-term trading dynamics for ITW stock.

Risks and considerations

Investors should consider several principal risks when evaluating ITW stock:

Industry cyclicality: ITW’s end markets, like automotive and construction, are cyclical and sensitive to macro conditions.
Exposure to automotive and industrial demand: weakness in vehicle production or capital spending can reduce sales.
Competitive pressures: competition in engineered products and aftermarket services may compress margins.
Supply chain risks: disruptions, input-cost inflation or shortages can affect production and margins.
Leverage and debt levels: elevated debt can increase financial risk in downturns.
Macro sensitivity: economic slowdowns, interest rates and currency swings can affect results.
Execution risk: integrating acquisitions, managing divestitures or implementing cost programs involve execution challenges.

This is not an exhaustive list; consult the company’s risk disclosures in its annual report (10‑K) for detailed, company-verified descriptions.

Technical analysis and trading indicators

Traders and technical analysts often follow common indicators for ITW stock. Typical tools include:

Moving averages: 50-day and 200-day moving averages to identify trend direction and crossovers.
MACD (Moving Average Convergence Divergence): momentum oscillator to spot shifts in trend strength.
Volume trends: rising volume on price advances signals conviction; rising volume on declines can indicate distribution.
Support and resistance levels: price bands where supply or demand historically concentrates.
Relative Strength Index (RSI): to identify overbought or oversold conditions.

Intraday traders use tick data and time-and-sales feeds; longer-term investors prefer daily or weekly charts. Reliable intraday and technical data are available from professional market-data providers and trading platforms.

Regulatory filings and investor resources

Primary investor resources for verified, time-stamped information include the company’s investor relations materials and SEC filings.

Important documents

Investors should consult these filings and documents:

Annual report / Form 10‑K: the most comprehensive annual disclosure, including audited financials and risk factors.
Quarterly reports / Form 10‑Q: quarterly financials and interim discussions.
Current reports / Form 8‑K: ad hoc material events such as executive changes, acquisitions, or significant agreements.
Proxy statements: governance, executive compensation and shareholder proposals.
Earnings releases and presentation slides: management’s summary of results and outlook.

These documents are the authoritative sources for financial and corporate information and should be the basis for any quantitative analysis of ITW stock.

Comparative peers and industry position

When benchmarking ITW stock, compare to other diversified industrial manufacturers and specialty machinery companies. Peer-comparison metrics commonly used include P/E, EV/EBITDA, revenue growth, margins and ROE.

Peer selection should consider similarity in product mix, end-market exposure and scale. Companies in automotive components, industrial equipment and specialty manufacturing often serve as comparables for valuation and operational benchmarking.

Notable corporate events and developments

Material events that historically influence ITW stock include:

Mergers and acquisitions: strategic acquisitions or divestitures can change the firm’s growth profile and capital structure.
Major product launches or commercial agreements that expand addressable markets.
Dividend changes and share-repurchase program announcements that alter shareholder-return expectations.
Management changes at the CEO or CFO level that may affect strategy and execution.

Document such events by citing the company press release, the corresponding Form 8‑K and the investor presentation for accurate timing and factual details.

Research and analysis resources

For ongoing research and real-time data on ITW stock, consider these categories of sources:

Company investor relations: official press releases, earnings materials and filings (primary sources).
SEC EDGAR: for 10‑K, 10‑Q, 8‑K and proxy filings.
Market-data platforms and financial news providers: for live quotes, charts and analyst coverage. Ensure data is time-stamped and cite the provider and date for any time-sensitive figures.
Broker research and independent equity analysts: for in-depth thematic research and modeled estimates.

When using third-party data, verify key figures with primary filings when possible.

References

Benzinga — short interest and market snapshot (reported As of 2026-01-25). Source for short interest figures: 8.30 million shares short; 2.87% of float; 9.54% change since last report; 7.33 days to cover. Price snapshot reported at $256.18 with a -2.77% change. (As of 2026-01-25, per Benzinga.)
Company investor relations materials and SEC filings (10‑K, 10‑Q, 8‑K) — consult for audited financial statements, risk factors and official corporate disclosures.
Market-data providers and financial news outlets (examples: Yahoo Finance, Morningstar, CNBC, Seeking Alpha) — useful for charts, consensus estimates and analyst commentary; verify publication dates for time-sensitive data.

All time-sensitive figures cited above include reporting dates. For the most current metrics, consult the primary documents and exchange-reported feeds.

External links

Recommended official resources for further, verified reading:

Illinois Tool Works investor relations site (official company disclosures and press releases).
SEC EDGAR company filings search (for 10‑K, 10‑Q, 8‑K, Form 4 and proxy statements).
Major market-data quote and chart pages for the ticker ITW (for live price, historical charts and technical indicators).