• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    ITW Reports First Quarter 2025 Results

    4/30/25 8:00:00 AM ET
    $ITW
    Industrial Machinery/Components
    Industrials
    Get the next $ITW alert in real time by email
    • Revenue of $3.8 billion, down 3.4%; organic growth down 1.6%, flat on an equal days' basis
    • Operating margin of 24.8%; Enterprise Initiatives contribute 120 bps
    • GAAP EPS of $2.38, ahead of plan expectations
    • Maintaining full year 2025 guidance; ongoing pricing actions offset tariff cost impacts

    GLENVIEW, Ill., April 30, 2025 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE:ITW) today reported its first quarter 2025 results and maintained guidance for full year 2025.

    "ITW commenced 2025 with solid execution, achieving financial results ahead of plan expectations as we continued to outperform underlying end markets," said Christopher A. O'Herlihy, President and Chief Executive Officer. "Acknowledging the uncertain external environment, we are maintaining our full year 2025 guidance as we expect our ongoing pricing actions to offset tariff cost impacts. ITW is built to outperform in today's volatile environment. Our largely "produce where we sell" manufacturing strategy, decentralized operating culture which enables rapid "read and react" response, and diversified high-quality business portfolio all provide resilience during times of volatility and uncertainty. Our strong financial profile allows us to maintain our strategic investments and focus on driving continued progress on our long-term strategy to make above-market organic growth, fueled by Customer-back Innovation, into a core ITW strength," O'Herlihy concluded.

    First Quarter 2025 Results

    First quarter revenue of $3.8 billion declined by 3.4 percent as organic revenue declined by 1.6 percent. On an equal days' basis, organic revenue was essentially flat. Foreign currency translation impact reduced revenue by 1.8 percent.

    First quarter 2024 GAAP EPS of $2.73 and operating margin of 28.4 percent included a one-time inventory accounting change which benefited EPS by $0.29 and operating margin by 300 basis points. For comparison purposes, the following year-over-year references exclude this one-time item.

    GAAP EPS for the first quarter of 2025 of $2.38 declined two percent and included approximately $0.10 of headwind from higher restructuring expenses and unfavorable foreign currency translation impact. Operating margin of 24.8 percent declined 60 basis points as enterprise initiatives contributed 120 basis points, offset by higher restructuring expenses related to 80/20 Front-to-Back projects and other one-time items. Operating cash flow was $592 million, and free cash flow was $496 million with a conversion of 71 percent to net income. During the quarter, the company repurchased $375 million of its own shares. The effective tax rate was 21.7 percent which included a discrete tax benefit of $21 million related to the reversal of valuation allowances on net operating loss carryforwards.

    2025 Guidance

    ITW is maintaining its full year 2025 GAAP EPS guidance range of $10.15 to $10.55 per share which includes on-going pricing actions that are projected to offset tariff cost impacts. The Company is projecting revenue and organic growth of zero to two percent based on current levels of demand adjusted for incremental pricing associated with tariffs and current foreign exchange rates. Operating margin is projected to be in the range of 26.5 to 27.5 percent, with enterprise initiatives contributing 100 basis points or more. Free cash flow is expected to exceed 100 percent of net income, and the company plans to repurchase approximately $1.5 billion of its own shares. The projected effective tax rate is approximately 24 percent.

    Non-GAAP Measures

    This earnings release contains certain non-GAAP financial measures. A reconciliation of these measures to the most directly comparable GAAP measures is included in the attached supplemental reconciliation schedule. The estimated guidance of free cash flow to net income conversion rate is based on assumptions that are difficult to predict, and estimated guidance for the most directly comparable GAAP measure and a reconciliation of this forward-looking estimate to its most directly comparable GAAP estimate have been omitted due to the unreasonable efforts required in connection with such a reconciliation and the lack of reliable forward-looking cash flow information. For the same reasons, the company is unable to address the potential significance of the unavailable information, which could be material to future results.

    Forward-looking Statements

    This earnings release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements regarding global supply chain challenges, expected impact of inflation including raw material inflation and rising interest rates, the potential impact of tariffs, the Company's projected pricing actions, the impact of enterprise initiatives, future financial and operating performance, free cash flow and free cash flow to net income conversion rate, organic and total revenue, operating and incremental margin, price/cost impact, statements regarding diluted income per share, expected dividend payments, after-tax return on invested capital, effective tax rates, exchange rates, expected timing and amount of share repurchases, end market economic and regulatory conditions, the impact of recent or potential acquisitions and/or divestitures, and the Company's 2025 guidance. These statements are subject to certain risks, uncertainties, assumptions, and other factors, which could cause actual results to differ materially from those anticipated. Important risks that could cause actual results to differ materially from the Company's expectations include those that are detailed in ITW's Form 10-K for 2024 and subsequent reports filed with the SEC.

    About Illinois Tool Works

    ITW (NYSE:ITW) is a Fortune 300 global multi-industrial 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-focused solutions are required. ITW's approximately 44,000 dedicated colleagues around the world thrive in the company's decentralized and entrepreneurial culture. www.itw.com

    Investor Relations & Media Contact:

    Erin Linnihan

    Tel: 224.661.7431

    [email protected] | [email protected]



    ILLINOIS TOOL WORKS INC. and SUBSIDIARIES

    STATEMENT OF INCOME (UNAUDITED)
     
     Three Months Ended
     March 31,
    In millions except per share amounts 2025   2024 
    Operating Revenue$3,839  $3,973 
    Cost of revenue 2,161   2,145 
    Selling, administrative, and research and development expenses 706   676 
    Amortization and impairment of intangible assets 21   25 
    Operating Income 951   1,127 
    Interest expense (68)  (71)
    Other income (expense) 12   16 
    Income Before Taxes 895   1,072 
    Income Taxes 195   253 
    Net Income$700  $819 
        
    Net Income Per Share:   
    Basic$2.39  $2.74 
    Diluted$2.38  $2.73 
        
    Cash Dividends Per Share:   
    Paid$1.50  $1.40 
    Declared$1.50  $1.40 
        
    Shares of Common Stock Outstanding During the Period:   
    Average 293.6   298.9 
    Average assuming dilution 294.5   300.0 



    ILLINOIS TOOL WORKS INC. and SUBSIDIARIES

    STATEMENT OF FINANCIAL POSITION (UNAUDITED)
     
    In millionsMarch 31,

    2025
     December 31,

    2024
    Assets   
    Current Assets:   
    Cash and equivalents$873  $948 
    Trade receivables 3,153   2,991 
    Inventories 1,663   1,605 
    Prepaid expenses and other current assets 348   312 
    Total current assets 6,037   5,856 
        
    Net plant and equipment 2,085   2,036 
    Goodwill 4,903   4,839 
    Intangible assets 572   592 
    Deferred income taxes 440   369 
    Other assets 1,431   1,375 
     $15,468  $15,067 
        
    Liabilities and Stockholders' Equity   
    Current Liabilities:   
    Short-term debt$981  $1,555 
    Accounts payable 594   519 
    Accrued expenses 1,477   1,576 
    Cash dividends payable 439   441 
    Income taxes payable 289   217 
    Total current liabilities 3,780   4,308 
        
    Noncurrent Liabilities:   
    Long-term debt 7,282   6,308 
    Deferred income taxes 127   119 
    Other liabilities 1,037   1,015 
    Total noncurrent liabilities 8,446   7,442 
        
    Stockholders' Equity:   
    Common stock 6   6 
    Additional paid-in-capital 1,705   1,669 
    Retained earnings 29,154   28,893 
    Common stock held in treasury (25,746)  (25,375)
    Accumulated other comprehensive income (loss) (1,878)  (1,877)
    Noncontrolling interest 1   1 
    Total stockholders' equity 3,242   3,317 
     $15,468  $15,067 



    ILLINOIS TOOL WORKS INC. and SUBSIDIARIES

    SEGMENT DATA (UNAUDITED)



    Three Months Ended March 31, 2025
    Dollars in millionsTotal

    Revenue
    Operating

    Income
    Operating

    Margin
    Automotive OEM$786 $151 19.3%
    Food Equipment 627  166 26.5%
    Test & Measurement and Electronics 652  139 21.4%
    Welding 472  153 32.5%
    Polymers & Fluids 429  114 26.5%
    Construction Products 443  130 29.2%
    Specialty Products 435  135 30.9%
    Intersegment (5) — —%
    Total Segments 3,839  988 25.7%
    Unallocated —  (37)—%
    Total Company$3,839 $951 24.8%



    ILLINOIS TOOL WORKS INC. and SUBSIDIARIES

    SEGMENT DATA (UNAUDITED)



    Q1 2025 vs. Q1 2024 Favorable/(Unfavorable)
    Operating RevenueAutomotive OEMFood EquipmentTest & Measurement and ElectronicsWeldingPolymers & FluidsConstruction ProductsSpecialty ProductsTotal ITW
    Organic(1.2)%1.2 %(5.4)%0.1 %1.7 %(7.4)%0.9 %(1.6)%
    Acquisitions/

    Divestitures
    — %— %0.1 %— %— %— %— %— %
    Translation(2.5)%(1.9)%(1.0)%(1.0)%(2.5)%(1.8)%(1.9)%(1.8)%
    Operating Revenue(3.7)%(0.7)%(6.3)%(0.9)%(0.8)%(9.2)%(1.0)%(3.4)%



    Q1 2025 vs. Q1 2024 Favorable/(Unfavorable)
    Change in Operating MarginAutomotive OEMFood EquipmentTest & Measurement and ElectronicsWeldingPolymers & FluidsConstruction ProductsSpecialty ProductsTotal ITW
    Operating Leverage(30) bps20 bps(150) bps—30 bps(140) bps20 bps(30) bps
    Changes in Variable Margin & OH Costs60 bps20 bps40 bps(50) bps50 bps120 bps140 bps(290) bps
    Total Organic30 bps40 bps(110) bps(50) bps80 bps(20) bps160 bps(320) bps
    Acquisitions/

    Divestitures
    ——(30) bps————(10) bps
    Restructuring/Other(80) bps10 bps(60) bps30 bps(10) bps—(40) bps(30) bps
    Total Operating Margin Change(50) bps50 bps(200) bps(20) bps70 bps(20) bps120 bps(360) bps
             
    Total Operating Margin % *19.3%26.5%21.4%32.5%26.5%29.2%30.9%24.8%
             
    * Includes unfavorable operating margin impact of amortization expense from acquisition-related intangible assets 20 bps 30 bps 150 bps 10 bps 150 bps 10 bps 20 bps 60 bps **
    ** Amortization expense from acquisition-related intangible assets had an unfavorable impact of ($0.05) on GAAP earnings per share for the first quarter of 2025.



    ILLINOIS TOOL WORKS INC. and SUBSIDIARIES

    GAAP to NON-GAAP RECONCILIATIONS (UNAUDITED)
     
    AFTER-TAX RETURN ON AVERAGE INVESTED CAPITAL (UNAUDITED)
     
     Three Months Ended
     March 31,
    Dollars in millions 2025   2024 
    Numerator:   
    Net Income$700  $819 
    Discrete tax benefit related to the first quarter 2025 (21)  — 
    Cumulative effect of change in inventory accounting method, net of tax (1) —   (88)
    Interest expense, net of tax (2) 52   54 
    Other (income) expense, net of tax (2) (9)  (12)
    Operating income after taxes$722  $773 
        
    Denominator:   
    Invested capital:   
    Cash and equivalents$873  $959 
    Trade receivables 3,153   3,238 
    Inventories 1,663   1,825 
    Net plant and equipment 2,085   1,973 
    Goodwill and intangible assets 5,475   5,557 
    Accounts payable and accrued expenses (2,071)  (2,109)
    Debt (8,263)  (8,325)
    Other, net 327   (97)
    Total net assets (stockholders' equity) 3,242   3,021 
    Cash and equivalents (873)  (959)
    Debt 8,263   8,325 
    Total invested capital$10,632  $10,387 
        
    Average invested capital (3)$10,432  $10,249 
        
    Net income to average invested capital (4) 26.9%  32.0%
    After-tax return on average invested capital (4) 27.7%  30.1%
     

    (1) Represents the cumulative effect of the change from the LIFO method of accounting to the FIFO method for certain U.S. businesses in the first quarter of 2024 ($117 million pre-tax, or $88 million after-tax).

    (2) Effective tax rate used for interest expense and other (income) expense for the three months ended March 31, 2025 and 2024 was 24.0% and 23.6%, respectively.

    (3) Average invested capital is calculated using the total invested capital balances at the start of the period and at the end of the periods presented.

    (4) Returns for the three months ended March 31, 2025 and 2024 were converted to an annual rate by multiplying the calculated return by 4.

    A reconciliation of the tax rate for the three month period ended March 31, 2025, excluding the first quarter 2025 discrete tax benefit of $21 million related to the reversal of a valuation allowance on net operating loss carryforwards, is as follows:

     Three Months Ended
     March 31, 2025
    Dollars in millionsIncome Taxes Tax Rate
    As reported$195 21.7%
    Discrete tax benefit related to the first quarter 2025 21 2.3%
    As adjusted$216 24.0%



    AFTER-TAX RETURN ON AVERAGE INVESTED CAPITAL (UNAUDITED)
     
     Twelve Months Ended
    Dollars in millionsDecember 31, 2024
    Numerator: 
    Net income$3,488 
    Net discrete tax benefit related to the third quarter 2024 (121)
    Interest expense, net of tax (1) 215 
    Other (income) expense, net of tax (1) (336)
    Operating income after taxes$3,246 
      
    Denominator: 
    Invested capital: 
    Cash and equivalents$948 
    Trade receivables 2,991 
    Inventories 1,605 
    Net plant and equipment 2,036 
    Goodwill and intangible assets 5,431 
    Accounts payable and accrued expenses (2,095)
    Debt (7,863)
    Other, net 264 
    Total net assets (stockholders' equity) 3,317 
    Cash and equivalents (948)
    Debt 7,863 
    Total invested capital$10,232 
      
    Average invested capital (2)$10,419 
      
    Net income to average invested capital 33.5%
    After-tax return on average invested capital 31.2%
      

    (1) Effective tax rate used for interest expense and other (income) expense for the year ended December 31, 2024 was 23.8%.

    (2) Average invested capital is calculated using the total invested capital balances at the start of the period and at the end of each quarter within the period presented.

    A reconciliation of the 2024 effective tax rate excluding the third quarter 2024 net discrete tax benefit of $121 million, which included favorable discrete tax benefits of $107 million related to the utilization of capital loss carryforwards upon the sale of Wilsonart and $87 million related to a reorganization of the Company's intellectual property, partially offset by a $73 million discrete tax expense related to the remeasurement of unrecognized tax benefits associated with various intercompany transactions, is as follows:

     Twelve Months Ended
     December 31, 2024
    Dollars in millionsIncome Taxes Tax Rate
    As reported$934 21.1%
    Net discrete tax benefit related to the third quarter 2024 121 2.7%
    As adjusted$1,055 23.8%



    FREE CASH FLOW (UNAUDITED)
     
     Three Months Ended
     March 31,
    Dollars in millions 2025   2024 
    Net cash provided by operating activities$592  $589 
    Less: Additions to plant and equipment (96)  (95)
    Free cash flow$496  $494 
        
    Net income$700  $819 
        
    Net cash provided by operating activities to net income conversion rate 85%  72%
    Free cash flow to net income conversion rate(1) 71%  60%
     

    (1) Excluding the impact of the cumulative effect of the change from the LIFO method of accounting to the FIFO method for certain U.S. businesses in the first quarter of 2024 ($117 million pre-tax, or $88 million after-tax), the free cash flow to net income conversion rate for the three months ended March 31, 2024 would have been 68%.



    ADJUSTED NET INCOME PER SHARE - DILUTED (UNAUDITED)
     
     Three Months Ended Twelve Months Ended
     March 31, 2024 December 31, 2024
    As reported$2.73  $11.71 
    Cumulative effect of change in inventory accounting method, net of tax (1) (0.29)  (0.30)
    Impact of sale of noncontrolling interest in Wilsonart (2) —   (1.26)
    As adjusted$2.44  $10.15 
     

    (1) Represents the cumulative effect of the change from the LIFO method of accounting to the FIFO method for certain U.S. businesses in the first quarter of 2024 ($117 million pre-tax, or $88 million after-tax).

    (2) Includes the $363 million pre-tax gain on the sale of noncontrolling interest in Wilsonart and related taxes in the third quarter of 2024.



    Primary Logo

    Get the next $ITW alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $ITW

    DatePrice TargetRatingAnalyst
    5/7/2025$220.00Neutral → Underperform
    BofA Securities
    2/19/2025$257.00Sell → Hold
    Deutsche Bank
    12/5/2024$230.00 → $270.00Underweight → Equal Weight
    Barclays
    11/13/2024$246.00 → $255.00In-line → Underperform
    Evercore ISI
    3/14/2024$301.00Buy
    Truist
    2/6/2024$277.00 → $240.00Equal Weight → Underweight
    Wells Fargo
    1/10/2024$260.00 → $235.00Neutral → Underperform
    BofA Securities
    1/3/2023$240.00 → $220.00Buy → Hold
    Vertical Research
    More analyst ratings

    $ITW
    SEC Filings

    See more
    • SEC Form SD filed by Illinois Tool Works Inc.

      SD - ILLINOIS TOOL WORKS INC (0000049826) (Filer)

      5/30/25 3:50:55 PM ET
      $ITW
      Industrial Machinery/Components
      Industrials
    • Illinois Tool Works Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

      8-K - ILLINOIS TOOL WORKS INC (0000049826) (Filer)

      5/7/25 2:30:25 PM ET
      $ITW
      Industrial Machinery/Components
      Industrials
    • SEC Form 10-Q filed by Illinois Tool Works Inc.

      10-Q - ILLINOIS TOOL WORKS INC (0000049826) (Filer)

      5/1/25 4:14:42 PM ET
      $ITW
      Industrial Machinery/Components
      Industrials

    $ITW
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Smith David Byron Jr gifted 635 shares and bought $174,752 worth of shares (635 units at $275.20) (SEC Form 4)

      4 - ILLINOIS TOOL WORKS INC (0000049826) (Issuer)

      12/11/24 4:23:36 PM ET
      $ITW
      Industrial Machinery/Components
      Industrials
    • Director Smith David Byron Jr gifted 775 shares and bought $185,086 worth of shares (775 units at $238.82) (SEC Form 4)

      4 - ILLINOIS TOOL WORKS INC (0000049826) (Issuer)

      6/17/24 4:36:58 PM ET
      $ITW
      Industrial Machinery/Components
      Industrials
    • Grier Kelly J bought $2,329 worth of shares (12 units at $194.06), increasing direct ownership by 1% to 1,030 units (SEC Form 4)

      4 - ILLINOIS TOOL WORKS INC (0000049826) (Issuer)

      2/1/24 5:24:18 PM ET
      $ITW
      Industrial Machinery/Components
      Industrials

    $ITW
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Santi Ernest Scott was granted 1,938 shares, increasing direct ownership by 0.74% to 262,190 units (SEC Form 4)

      4 - ILLINOIS TOOL WORKS INC (0000049826) (Issuer)

      5/6/25 4:43:45 PM ET
      $ITW
      Industrial Machinery/Components
      Industrials
    • Director Grier Kelly J was granted 763 shares, increasing direct ownership by 42% to 2,562 units (SEC Form 4)

      4 - ILLINOIS TOOL WORKS INC (0000049826) (Issuer)

      5/6/25 4:42:48 PM ET
      $ITW
      Industrial Machinery/Components
      Industrials
    • Director Griffith James W was granted 763 shares, increasing direct ownership by 3% to 22,981 units (SEC Form 4)

      4 - ILLINOIS TOOL WORKS INC (0000049826) (Issuer)

      5/6/25 4:41:48 PM ET
      $ITW
      Industrial Machinery/Components
      Industrials

    $ITW
    Financials

    Live finance-specific insights

    See more
    • ITW Board of Directors Declares Quarterly Dividend

      GLENVIEW, Ill., May 02, 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 second quarter of 2025. The dividend equates to $6.00 per share on a full-year basis. The dividend will be paid on July 11, 2025 to shareholders of record as of June 30, 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-foc

      5/2/25 11:13:48 AM ET
      $ITW
      Industrial Machinery/Components
      Industrials
    • ITW Reports First Quarter 2025 Results

      Revenue of $3.8 billion, down 3.4%; organic growth down 1.6%, flat on an equal days' basisOperating margin of 24.8%; Enterprise Initiatives contribute 120 bpsGAAP EPS of $2.38, ahead of plan expectationsMaintaining full year 2025 guidance; ongoing pricing actions offset tariff cost impacts GLENVIEW, Ill., April 30, 2025 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE:ITW) today reported its first quarter 2025 results and maintained guidance for full year 2025. "ITW commenced 2025 with solid execution, achieving financial results ahead of plan expectations as we continued to outperform underlying end markets," said Christopher A. O'Herlihy, President and Chief Executive Officer. "A

      4/30/25 8:00:00 AM ET
      $ITW
      Industrial Machinery/Components
      Industrials
    • ITW Schedules First Quarter 2025 Earnings Webcast

      GLENVIEW, Ill., April 15, 2025 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE:ITW) will issue its first quarter 2025 results on Wednesday, April 30, 2025, at 7:00 a.m. CDT. Following the release, ITW will hold its first quarter 2025 earnings webcast at 9:00 a.m. CDT. To access the webcast for the event, please click on the following link:ITW Q1 2025 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. CDT start time. The passcode is "ITW." Following the webcast, presentation materials and an audio webcast replay will be available at http://investor.itw.com. An audio

      4/15/25 5:28:52 PM ET
      $ITW
      Industrial Machinery/Components
      Industrials

    $ITW
    Leadership Updates

    Live Leadership Updates

    See more
    • ITT Names Michael Guhde President of Connect & Control Technologies (CCT) Business

      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

      2/26/24 4:15:00 PM ET
      $ITT
      $ITW
      $PH
      Fluid Controls
      Industrials
      Industrial Machinery/Components
      Metal Fabrications
    • FSD Pharma Announces Appointment of Interim Chief Financial Officer

      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

      5/5/21 8:30:00 AM ET
      $ITW
      $HUGE
      Industrial Machinery/Components
      Industrials
      Biotechnology: Pharmaceutical Preparations
      Health Care

    $ITW
    Press Releases

    Fastest customizable press release news feed in the world

    See more

    $ITW
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • ITW Board of Directors Declares Quarterly Dividend

      GLENVIEW, Ill., May 02, 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 second quarter of 2025. The dividend equates to $6.00 per share on a full-year basis. The dividend will be paid on July 11, 2025 to shareholders of record as of June 30, 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-foc

      5/2/25 11:13:48 AM ET
      $ITW
      Industrial Machinery/Components
      Industrials
    • ITW Reports First Quarter 2025 Results

      Revenue of $3.8 billion, down 3.4%; organic growth down 1.6%, flat on an equal days' basisOperating margin of 24.8%; Enterprise Initiatives contribute 120 bpsGAAP EPS of $2.38, ahead of plan expectationsMaintaining full year 2025 guidance; ongoing pricing actions offset tariff cost impacts GLENVIEW, Ill., April 30, 2025 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE:ITW) today reported its first quarter 2025 results and maintained guidance for full year 2025. "ITW commenced 2025 with solid execution, achieving financial results ahead of plan expectations as we continued to outperform underlying end markets," said Christopher A. O'Herlihy, President and Chief Executive Officer. "A

      4/30/25 8:00:00 AM ET
      $ITW
      Industrial Machinery/Components
      Industrials
    • ITW Schedules First Quarter 2025 Earnings Webcast

      GLENVIEW, Ill., April 15, 2025 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE:ITW) will issue its first quarter 2025 results on Wednesday, April 30, 2025, at 7:00 a.m. CDT. Following the release, ITW will hold its first quarter 2025 earnings webcast at 9:00 a.m. CDT. To access the webcast for the event, please click on the following link:ITW Q1 2025 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. CDT start time. The passcode is "ITW." Following the webcast, presentation materials and an audio webcast replay will be available at http://investor.itw.com. An audio

      4/15/25 5:28:52 PM ET
      $ITW
      Industrial Machinery/Components
      Industrials
    • Illinois Tool downgraded by BofA Securities with a new price target

      BofA Securities downgraded Illinois Tool from Neutral to Underperform and set a new price target of $220.00

      5/7/25 8:36:20 AM ET
      $ITW
      Industrial Machinery/Components
      Industrials
    • Illinois Tool upgraded by Deutsche Bank with a new price target

      Deutsche Bank upgraded Illinois Tool from Sell to Hold and set a new price target of $257.00

      2/19/25 7:03:26 AM ET
      $ITW
      Industrial Machinery/Components
      Industrials
    • Illinois Tool upgraded by Barclays with a new price target

      Barclays upgraded Illinois Tool from Underweight to Equal Weight and set a new price target of $270.00 from $230.00 previously

      12/5/24 7:44:15 AM ET
      $ITW
      Industrial Machinery/Components
      Industrials

    $ITW
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by Illinois Tool Works Inc. (Amendment)

      SC 13G/A - ILLINOIS TOOL WORKS INC (0000049826) (Subject)

      2/13/24 5:06:19 PM ET
      $ITW
      Industrial Machinery/Components
      Industrials
    • SEC Form SC 13G/A filed by Illinois Tool Works Inc. (Amendment)

      SC 13G/A - ILLINOIS TOOL WORKS INC (0000049826) (Subject)

      2/12/24 3:30:04 PM ET
      $ITW
      Industrial Machinery/Components
      Industrials
    • SEC Form SC 13G/A filed by Illinois Tool Works Inc. (Amendment)

      SC 13G/A - ILLINOIS TOOL WORKS INC (0000049826) (Subject)

      2/5/24 9:50:44 AM ET
      $ITW
      Industrial Machinery/Components
      Industrials