Analysts Point To Illinois Tool Works, Inc (NYSE: ITW) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

Stocks Info

As a NYSE listed company, ITW falls under the Industrials sector while operating within the Specialty Industrial Machinery industry segment. The current market capitalization of Illinois Tool Works, Inc is $74.95B. A total of 0.71 million shares were traded on the day, compared to an average of 870.12K shares.

In the most recent transaction, SMITH DAVID BYRON JR bought 635 shares of ITW for 275.20 per share on Dec 09 ’24. After the transaction, the Director now owns 121,811 company shares. In a previous transaction on Nov 06 ’24, Lawler Mary Katherine sold 11,647 shares at 272.95 per share. ITW shares that SVP & Chief HR Officer owns now total 26,003.

Among the insiders who bought shares, Lawler Mary Katherine acquired of 11,647 shares on Nov 06 ’24 at a per-share price of $272.95. In another insider transaction, Zimmerman Michael R. bought 15,657 shares at $263.24 per share on Nov 01 ’24.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Illinois Tool Works, Inc pays an annual dividend of $5.80, resulting in a dividend yield of 2.29%, and it has a price to earnings (P/E) ratio of 21.96. ITW’s most recent ex-dividend date was 2.35% when it declared a $1.50 quarterly dividend that was paid in cash on 12/31/2024. Previously, the company paid the dividend on 9/30/2024 with an ex-dividend date of 2.5%. The ITW stock dividend was $1.50 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, ITW has a high of $279.13 and a low of $232.77.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. ITW’s latest balance sheet shows that the firm has $1.53B in Cash & Short Term Investments as of fiscal 2021. There were $7.88B in debt and $3.47B in liabilities at the time. Its Book Value Per Share was $11.48, while its Total Shareholder’s Equity was $3.63B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ITW is Buy with a score of 2.88.

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