Illinois Tool Works Inc. (ITW) Analysts See $1.99 EPS

Investors sentiment increased to 0.97 in 2019 Q1. Its up 0.19, from 0.78 in 2018Q4. It increased, as 42 investors sold Illinois Tool Works Inc. shares while 339 reduced holdings. 111 funds opened positions while 260 raised stakes. 220.28 million shares or 4.90% less from 231.63 million shares in 2018Q4 were reported.
Thompson Inv Mgmt Incorporated, a Wisconsin-based fund reported 1,582 shares. Moreover, Reilly Fincl Advsrs Ltd Com has 0.02% invested in Illinois Tool Works Inc. (NYSE:ITW) for 924 shares. Palladium Ltd has invested 0.05% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW). Trust Of Vermont stated it has 0.8% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW). 14,755 are held by Cambridge Tru Company. New Mexico Educational Retirement Board invested in 0.16% or 25,450 shares. Loomis Sayles Com Limited Partnership accumulated 32,248 shares. Kansas-based Creative Planning has invested 0.04% in Illinois Tool Works Inc. (NYSE:ITW). Parkside Comml Bank And Tru reported 488 shares. Archford Cap Strategies Limited invested in 0.04% or 841 shares. Moreover, Loudon Mngmt Limited Liability Company has 2.61% invested in Illinois Tool Works Inc. (NYSE:ITW). The Pennsylvania-based Janney Montgomery Scott Llc has invested 0.09% in Illinois Tool Works Inc. (NYSE:ITW). Zeke Advisors Llc owns 4,452 shares. Robecosam Ag holds 0.04% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW) for 6,182 shares. State Street Corporation reported 0.16% stake.

Since February 4, 2019, it had 0 insider purchases, and 2 selling transactions for $4.56 million activity. NAGARAJAN SUNDARAM sold $2.57 million worth of stock or 18,651 shares.

Analysts expect Illinois Tool Works Inc. (NYSE:ITW) to report $1.99 EPS on July, 22.They anticipate $0.02 EPS change or 1.02 % from last quarter’s $1.97 EPS. ITW’s profit would be $648.29 million giving it 19.03 P/E if the $1.99 EPS is correct. After having $1.81 EPS previously, Illinois Tool Works Inc.’s analysts see 9.94 % EPS growth. The stock increased 3.14% or $4.61 during the last trading session, reaching $151.48. About 1.15 million shares traded. Illinois Tool Works Inc. (NYSE:ITW) has risen 3.74% since July 14, 2018 and is uptrending. It has underperformed by 0.69% the S&P500.

Illinois Tool Works Inc. (NYSE:ITW) Ratings Coverage

Among 8 analysts covering Illinois Tool Works (NYSE:ITW), 1 have Buy rating, 3 Sell and 4 Hold. Therefore 13% are positive. Illinois Tool Works has $16500 highest and $12100 lowest target. $139.63’s average target is -7.82% below currents $151.48 stock price. Illinois Tool Works had 9 analyst reports since February 5, 2019 according to SRatingsIntel. The stock of Illinois Tool Works Inc. (NYSE:ITW) earned “Neutral” rating by UBS on Friday, May 10. As per Tuesday, April 16, the company rating was maintained by Stifel Nicolaus. Bank of America downgraded it to “Underperform” rating and $124 target in Tuesday, February 5 report. The firm earned “Buy” rating on Friday, April 26 by Argus Research. The company was downgraded on Wednesday, June 26 by Northcoast. As per Monday, March 25, the company rating was maintained by Deutsche Bank. The company was upgraded on Friday, April 26 by JP Morgan. BMO Capital Markets maintained Illinois Tool Works Inc. (NYSE:ITW) rating on Monday, February 25. BMO Capital Markets has “Market Perform” rating and $140 target.

Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. The company has market cap of $49.35 billion. It operates through seven divisions: Automotive OEM; Test & Measurement and Electronics; Food Equipment; Polymers & Fluids; Welding; Construction Products; and Specialty Products. It has a 20.17 P/E ratio. The Automotive OEM segment produces plastic and metal components, fasteners, and assemblies for automotive-related applications.

More notable recent Illinois Tool Works Inc. (NYSE:ITW) news were published by: Seekingalpha.com which released: “Why Illinois Tool Works Is The Biggest Component Of My Income Portfolio – Seeking Alpha” on December 10, 2018, also Gurufocus.com with their article: “Dec 14, 2018 – Illinois Tool Works Inc (ITW) Chairman & CEO Ernest Scott Santi Sold $14.5 million of Shares – GuruFocus.com” published on December 14, 2018, Seekingalpha.com published: “Illinois Tool Works: My Thoughts On The Current Sell-Off And Earnings – Seeking Alpha” on October 28, 2018. More interesting news about Illinois Tool Works Inc. (NYSE:ITW) were released by: Fool.com and their article: “Is Illinois Tool Works a Buy? – The Motley Fool” published on January 19, 2019 as well as Seekingalpha.com‘s news article titled: “How Safe Is Illinois Tool Works’ Dividend? – Seeking Alpha” with publication date: January 14, 2019.

Illinois Tool Works Inc. (NYSE:ITW) Institutional Positions Chart

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