Illinois Tool downgraded by Deutsche Bank with a new price target
$ITW
Industrial Machinery/Components
Industrials
Deutsche Bank downgraded Illinois Tool from Hold to Sell and set a new price target of $188.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/5/2024 | $230.00 → $270.00 | Underweight → Equal Weight | Barclays |
| 11/13/2024 | $246.00 → $255.00 | In-line → Underperform | Evercore ISI |
| 3/14/2024 | $301.00 | Buy | Truist |
| 2/6/2024 | $277.00 → $240.00 | Equal Weight → Underweight | Wells Fargo |
| 1/10/2024 | $260.00 → $235.00 | Neutral → Underperform | BofA Securities |
| 1/3/2023 | $240.00 → $220.00 | Buy → Hold | Vertical Research |
| 8/24/2022 | $220.00 | Neutral | BofA Securities |
| 8/15/2022 | $188.00 | Hold → Sell | Deutsche Bank |
10-K - ILLINOIS TOOL WORKS INC (0000049826) (Filer)
SCHEDULE 13G/A - ILLINOIS TOOL WORKS INC (0000049826) (Subject)
8-K - ILLINOIS TOOL WORKS INC (0000049826) (Filer)
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4 - ILLINOIS TOOL WORKS INC (0000049826) (Issuer)
4 - ILLINOIS TOOL WORKS INC (0000049826) (Issuer)
SC 13G/A - ILLINOIS TOOL WORKS INC (0000049826) (Subject)
SC 13G/A - ILLINOIS TOOL WORKS INC (0000049826) (Subject)
SC 13G/A - ILLINOIS TOOL WORKS INC (0000049826) (Subject)
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. About Illinois Tool WorksITW (NYSE:ITW) is a Fortune 300 global multi-industry manufacturing leader with revenue of $15.9 billion in 2024. The company's seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer
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 bpsOperating 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 digitsRecord operating margin of 26.8% as enterprise initiatives contribu
GLENVIEW, Ill., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE:ITW) will issue its fourth quarter and full year 2024 results on Wednesday, February 5, 2025 at 7:00 a.m. CST. Following the release, ITW will hold its fourth quarter and full year 2024 earnings webcast at 9:00 a.m. CST. To access the webcast for the event, please click on the following link:ITW Q4 2024 Earnings Webcast If you are a participant on the conference call, please dial 1-888-660-6652 (domestic) or 1-646-960-0554 (international) 10 minutes prior to the 9:00 a.m. CST start time. The passcode is "ITW." Following the webcast, presentation materials and an audio webcast replay will be available at htt
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. About Illinois Tool WorksITW (NYSE:ITW) is a Fortune 300 global multi-industry manufacturing leader with revenue of $15.9 billion in 2024. The company's seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer
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 bpsOperating 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 digitsRecord operating margin of 26.8% as enterprise initiatives contribu
GLENVIEW, Ill., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE:ITW) will issue its fourth quarter and full year 2024 results on Wednesday, February 5, 2025 at 7:00 a.m. CST. Following the release, ITW will hold its fourth quarter and full year 2024 earnings webcast at 9:00 a.m. CST. To access the webcast for the event, please click on the following link:ITW Q4 2024 Earnings Webcast If you are a participant on the conference call, please dial 1-888-660-6652 (domestic) or 1-646-960-0554 (international) 10 minutes prior to the 9:00 a.m. CST start time. The passcode is "ITW." Following the webcast, presentation materials and an audio webcast replay will be available at htt
Barclays upgraded Illinois Tool from Underweight to Equal Weight and set a new price target of $270.00 from $230.00 previously
Evercore ISI downgraded Illinois Tool from In-line to Underperform and set a new price target of $255.00 from $246.00 previously
Truist initiated coverage of Illinois Tool with a rating of Buy and set a new price target of $301.00
4 - ILLINOIS TOOL WORKS INC (0000049826) (Issuer)
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February 26, 2024-- ITT Inc. (NYSE:ITT) today announced the appointment of Michael G. Guhde as president of its Connect & Control Technologies (CCT) business, reporting to Chief Executive Officer Luca Savi. CCT, one of ITT's three segments, is a leading manufacturer of connectors and control components for critical applications in the aerospace, defense and industrial markets. Guhde will be based at CCT's headquarters in Irvine, CA. Guhde joins ITT from Illinois Tool Works (NYSE:ITW), where he led a large, global business serving the automotive industry through the development and manufacture of highly engineered components. In this role, he oversaw several business improvements that led
FSD Pharma Inc. (NASDAQ:HUGE) (CSE:HUGE) (the "Company" or "FSD Pharma") is pleased to announce the appointment of Nathan Coyle, the Company's Corporate Controller as its Interim Chief Financial Officer, following the departure of Donal Carroll, effective immediately. Mr. Coyle joined FSD Pharma Inc in 2020 as Corporate Controller and has 15 years of executive business experience as a finance leader in both public and private roles. Mr. Coyle was previously with Illinois Tool Works (NYSE:ITW) where he was a key player in restructuring the organization, shaping the growth and streamlining businesses within his industrial packaging segment. Mr. Coyle's involvement in multiple mergers and acq