The stock has a market cap of $57,320.00, a P/E ratio of 25.66, a P/E/G ratio of 2.28 and a beta of 1.18. About 1.64M shares traded. The stock of Illinois Tool Works Inc. (NYSE:ITW) has risen 33.32% since January 9, 2017 and is uptrending. It has outperformed by 16.62% the S&P500. Following the transaction, the vice president now directly owns 4,371 shares of the company's stock, valued at approximately $683,362.14. Moreover, Pennant Capital Management Llc has 3.34% invested in the company for 2.53 million shares. Akre Capital Management Llc who had been investing in Lkq Corp for a number of months, seems to be less bullish one the $13.17B market cap company.
The stock decreased 0.06% or $0.14 during the last trading session, reaching $241.14. Dubuque Financial Bank Communications reported 39 shares. It has underperformed by 17.54% the S&P500. (NYSE:ITW) tinted gains of +0.93% (+1.54 points) to US$167.57. Therefore 50% are positive. Illinois Tool Works has a one year low of $120.06 and a one year high of $169.69. The rating was maintained by Stifel Nicolaus with "Hold" on Monday, August 14. Jefferies maintained the stock with "Buy" rating in Tuesday, October 3 report.
Pioneer Trust Bank N A increased its stake in Illinois Tool Wks Inc Com (ITW) by 12.26% based on its latest 2017Q3 regulatory filing with the SEC. JPMorgan Chase & Co. upgraded shares of Illinois Tool Works from an "underweight" rating to a "neutral" rating and lifted their target price for the company from $132.00 to $140.00 in a research note on Tuesday, October 10th. (NYSE:ITW) earned "Buy" rating by Wells Fargo on Monday, October 16. The firm has "Buy" rating given on Monday, July 24 by Jefferies. First National Bank of Mount Dora Trust Investment Services' holdings in Illinois Tool Works were worth $4,641,000 at the end of the most recent quarter. (NYSE:ITW) rating on Thursday, April 21. BMO Capital Markets downgraded Illinois Tool Works from an "outperform" rating to a "market perform" rating and set a $180.00 price target on the stock.in a report on Thursday, January 4th. (NYSE:ITW) has "Equal-Weight" rating given on Thursday, April 21 by Morgan Stanley. Investors of record on Friday, December 29th were issued a $0.78 dividend. Its up 0.21, from 0.83 in 2017Q2. It increased, as 47 investors sold Illinois Tool Works Inc. shares while 354 reduced holdings.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. (NYSE:ITW) for 20,864 shares. Oak Ridge holds 0.7% of its portfolio in Illinois Tool Works Inc.
News coverage about Illinois Tool Works (NYSE:ITW) has been trending somewhat positive on Thursday, according to Accern Sentiment. Somerset Group Llc owns 75,284 shares or 14.41% of their United States portfolio. Advisor Prns Ltd Liability Company has invested 0.04% in PVH Corp. Segall Bryant And Hamill Ltd accumulated 430,098 shares or 1.48% of the stock. 7,489 are held by Beach Investment Counsel Pa. Hartford Inv Mngmt owns 66,761 shares. Harris Associate Limited Partnership has invested 0% in Illinois Tool Works Inc. It also reduced Boeing Co Com (NYSE:BA) stake by 2,065 shares and now owns 49,930 shares. The company presently has an average rating of Hold and a consensus target price of $123.38. (NYSE:ITW). Sawgrass Asset Mngmt Limited has invested 1.18% in Illinois Tool Works Inc.
Penske Automotive Group (NYSE:PAG) Upgraded to "Buy" by Zacks Investment Research
Voloridge Mngmt Lc owns 76,365 shares. 215.12 million shares or 0.10% less from 215.33 million shares in 2017Q2 were reported. Pnc Financial Serv Group holds 8,741 shares or 0% of its portfolio. 600,000 were reported by Capital Rech Global Invsts.
Illinois Tool Works (NYSE:ITW) last announced its quarterly earnings data on Wednesday, January 25th. Busey has invested 0.1% in Illinois Tool Works Inc. (NYSE:ITW). Glenview Commercial Bank Tru Dept invested in 0.36% or 4,999 shares. Castleark Mgmt Ltd Liability has 770 shares. In the last three months, insiders sold 214,791 shares of company stock valued at $34,665,964.
Pioneer Trust Bank N A, which manages about $192.66M US Long portfolio, upped its stake in Blackrock Inc Com (NYSE:BLK) by 1,085 shares to 10,480 shares, valued at $4.69M in 2017Q3, according to the filing. The company's stock had a trading volume of 81,159 shares. $4.99 million worth of stock was sold by SMITH HAROLD B on Friday, December 8. The stock was sold at an average price of $157.19, for a total value of $10,188,741.42. Illinois Tool Works had a net margin of 16.12% and a return on equity of 47.21%. Shares for $10.19M were sold by MARTINDALE STEVEN L. The legal version of this article can be accessed at https://stocknewstimes.com/2018/01/10/illinois-tool-works-inc-itw-position-lessened-by-exxonmobil-investment-management-inc-tx.html. (NYSE:ITW) to report earnings on January, 24. The industrial products company reported $1.85 EPS for the quarter, topping the Zacks' consensus estimate of $1.65 by $0.20. ITW's profit would be $555.01 million giving it 25.97 P/E if the $1.62 EPS is correct. After $1.71 actual EPS reported by Illinois Tool Works Inc. for the previous quarter, Wall Street now forecasts -5.26% negative EPS growth.
Among 9 analysts covering LKQ (NASDAQ:LKQ), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 20% are positive. (NYSE:ITW) rating on Monday, December 5. On Tuesday, July 4 the stock rating was maintained by Stifel Nicolaus with "Hold". The stock of Nordstrom, Inc. (NASDAQ:SPSC) earned "Market Perform" rating by William Blair on Wednesday, February 8. The stock has "Equal Weight" rating by Barclays Capital on Monday, January 11. The company was maintained on Friday, September 15 by Stifel Nicolaus. The stock of The J.M. Smucker Company (NYSE:SJM) earned "Long-Term Buy" rating by Hilliard Lyons on Tuesday, July 11. (NASDAQ:SPSC) earned "Overweight" rating by Pacific Crest on Friday, September 30. Piper Jaffray maintained the shares of JWN in report on Monday, August 7 with "Hold" rating. The company was maintained on Monday, October 9 by Citigroup.
Since October 2, 2017, it had 0 buys, and 5 insider sales for $24.79 million activity.
Recently, analysts have updated the overall rating to 2.18.