Type
|
Public company |
---|---|
Traded as | NYSE: ITW S&P 500 Component |
Industry | Manufacturing |
Founded | 1912 |
Founder | Byron L. Smith |
Headquarters | Glenview, Illinois, United States |
Area served
|
Worldwide |
Key people
|
E. Scott Santi (CEO) |
Revenue | US$13.6B (2016) |
Operating income
|
US$3.064B (2016) |
Net income
|
US$2.035B (2016) |
Total assets | US$15.201B (2016) |
Total equity | US$4.254B (2016) |
Number of employees
|
50,000 (2016) |
Website | ITW.com |
Illinois Tool Works Inc. or ITW is a Fortune 500 company that produces engineered fasteners and components, equipment and consumable systems, and specialty products. It was founded in 1912 by Byron L. Smith.
Today, it employs nearly 48,000 people in hundreds of businesses across 57 countries, and is based in Glenview, Illinois, a suburb of Chicago, Illinois.
In 2011, ITW had more than 20,000 unexpired patents and pending patent applications worldwide, including 2,900 U.S. patents and 1,116 pending U.S. applications. The company typically ranks in the top 100 of patent issuers in the U.S. It is ranked 414 on the Forbes Global 2,000.
Illinois Tool Works Ring carriers produce about 47% less emissions released into the atmosphere than paperboard cartons and about 36% less than shrink-film 6-pack packages. From taking a look at their activities, environmental coordinators were able to have certain products reformulated to less environmentally damaging products. Also, certain processes were amended to have a reduced environmental impact.The company took another look at the possibilities of reducing and recycling waste, maximizing the efficient use of natural resources, and delivering environmental awareness training to the whole of the work force. This last activity led to the creation of an Environmental Team comprising seven volunteers from the workforce to further environmental improvements and in March 2004 the Company received Green Dragon Level 5 Standard. The Political Economy Research Institute ranks ITW 100th among corporations emitting airborne pollutants in the United States. The ranking is based on the quantity (0.9 million pounds in 2005) and toxicity of the emissions.
The United States Department of Commerce imposed a $142,000 civil penalty on Illinois Tool Works in 2000, to settle allegations that the company illegally exported chemicals to Brazil on seven occasions between March 1994 and October 1997 without the required licenses and making false or misleading statements on Shipper's Export Declarations. Illinois Tool Works agreed to pay the penalty. $37,000 was suspended as part of the settlement. The chemicals exported can be used for commercial purposes and in the making of chemical weapons as well.
ITW comprises a number of companies and divisions. Notable brands include Miller Electric, DUO-FAST fasteners, Foster Refrigerator, and the Wolf Range Company.
The following is a list of ITW companies:
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q3 2023 | 2022-10-26 | Future report Set alerts | |
Q1 2023 | 2022-10-25 | 2.35 | 2.35 |
Q2 2023 | 2022-08-02 | 2.37 | 2.37 |
Q4 2022 | 2022-08-02 | 2.37 | 2.37 |
Q3 2022 | 2022-05-03 | 2.11 | 2.11 |
Q2 2022 | 2022-02-03 | 1.95 | 1.95 |
Q4 2021 | 2022-02-03 | 1.95 | 1.95 |
Q1 2022 | 2021-10-28 | 2.02 | 2.02 |
Q3 2021 | 2021-10-28 | 1.96 | 1.96 |
Q2 2021 | 2021-07-30 | 2.10 | 2.10 |
2016-06-23 | Downgrade | Robert W. Baird | Outperform to Neutral | $108.00 |
2016-06-07 | Reiterated Rating | Oppenheimer | Buy | |
2016-06-07 | Reiterated Rating | Oppenheimer Holdings Inc. | Buy | |
2016-04-25 | Boost Price Target | Deutsche Bank | Buy | $104.00 to $116.00 |
2016-04-25 | Boost Price Target | Deutsche Bank AG | Buy | $104.00 to $116.00 |
2016-04-21 | Reiterated Rating | Seaport Global Securities | Buy | $105.00 to $125.00 |
2016-04-21 | Boost Price Target | Robert W. Baird | Outperform | $92.00 to $108.00 |
2016-04-21 | Boost Price Target | Argus | Buy | $102.00 to $120.00 |
2016-04-21 | Reiterated Rating | Morgan Stanley | Equal Weight | $101.00 to $104.00 |
2016-04-19 | Reiterated Rating | Oppenheimer | Outperform | |
2016-04-17 | Reiterated Rating | Deutsche Bank | Buy | |
2016-04-07 | Boost Price Target | Morgan Stanley | $97.00 to $101.00 | |
2016-03-31 | Reiterated Rating | Goldman Sachs | Buy | $110.00 |
2016-03-31 | Reiterated Rating | Goldman Sachs Group Inc. | Buy | $110.00 |
2016-03-02 | Boost Price Target | JPMorgan Chase & Co. | Neutral | $87.00 to $93.00 |
2016-01-28 | Boost Price Target | Barclays | Equal Weight | $95.00 to $100.00 |
2016-01-28 | Lower Price Target | BMO Capital Markets | Outperform | $110.00 to $105.00 |
2016-01-28 | Boost Price Target | Barclays PLC | Equal Weight | $95.00 to $100.00 |
2016-01-21 | Initiated Coverage | Citigroup Inc. | Buy | $98.00 |
2016-01-19 | Boost Price Target | Barclays | Equal Weight | $92.00 to $95.00 |
2016-01-14 | Lower Price Target | JPMorgan Chase & Co. | $90.00 to $85.00 | |
2016-01-13 | Lower Price Target | Credit Suisse | $90.00 to $89.00 | |
2016-01-13 | Initiated Coverage | Morgan Stanley | Equal to Equal Weight | $93.00 |
2016-01-13 | Lower Price Target | Credit Suisse Group AG | $90.00 to $89.00 | |
2016-01-11 | Initiated Coverage | Barclays | Equal Weight to Equal Weight | $92.00 |
2015-12-08 | Boost Price Target | Credit Suisse | Neutral | $87.00 to $90.00 |
2015-10-13 | Lower Price Target | RBC Capital | $96.00 to $95.00 | |
2015-10-13 | Lower Price Target | Royal Bank Of Canada | $96.00 to $95.00 | |
2015-10-09 | Lower Price Target | JPMorgan Chase & Co. | $93.00 to $85.00 | |
2015-10-07 | Lower Price Target | Morgan Stanley | $93.00 to $86.00 | |
2015-10-02 | Lower Price Target | Credit Suisse | Neutral | $90.00 to $87.00 |
2015-09-21 | Lower Price Target | RBC Capital | $98.00 to $96.00 | |
2015-09-03 | Upgrade | Goldman Sachs | Neutral to Buy | $99.00 |
2015-08-25 | Reiterated Rating | Deutsche Bank | Buy | $102.00 |
2015-07-23 | Boost Price Target | BMO Capital Markets | Outperform | $111.00 to $112.00 |
2015-06-23 | Set Price Target | Jefferies Group | Buy | $110.00 |
2015-04-22 | Boost Price Target | Argus | Buy | $105.00 to $107.00 |
2015-04-17 | Lower Price Target | Barclays | Equal Weight | $102.00 to $101.00 |
2015-01-28 | Lower Price Target | Barclays | Equal Weight | $103.00 to $102.00 |
2015-01-28 | Boost Price Target | Argus | Buy | $102.00 to $105.00 |
2015-01-16 | Boost Price Target | Jefferies Group | Buy | $100.00 to $110.00 |
2014-12-08 | Upgrade | Global Hunter Securities | Accumulate to Buy | $92.00 to $111.00 |
2014-12-08 | Boost Price Target | Barclays | Equal Weight | $93.00 to $103.00 |
2014-12-08 | Boost Price Target | Stifel Nicolaus | Buy | $95.00 to $110.00 |
2014-12-08 | Upgrade | Seaport Global Securities | Accumulate to Buy | $92.00 to $111.00 |
2014-11-24 | Initiated Coverage | RBC Capital | Sector Perform | $100.00 |
2014-10-13 | Reiterated Rating | Barclays | Equal Weight | $95.00 to $93.00 |
2014-09-11 | Initiated Coverage | Northcoast Research | Neutral | |
2014-09-10 | Boost Price Target | FBR & Co. | Outperform | $97.00 to $105.00 |
2014-09-10 | Boost Price Target | FBR & Co | Outperform | $97.00 to $105.00 |
2014-08-07 | Upgrade | Evercore ISI | Neutral to Buy | $90.00 to $92.00 |
2014-07-09 | Upgrade | Argus | Hold to Buy | $102.00 |
2014-05-15 | Reiterated Rating | Credit Suisse | Neutral | $68.00 |
2014-05-15 | Reiterated Rating | Jefferies Group | Buy | $98.00 |
2014-05-13 | Initiated Coverage | JPMorgan Chase & Co. | Underweight to Neutral | $86.00 |
2014-04-23 | Reiterated Rating | Barclays | Equal Weight | $95.00 |
2014-04-23 | Reiterated Rating | Citigroup Inc. | Hold | $93.00 |
2014-04-23 | Boost Price Target | Jefferies Group | Buy | $98.00 |
2014-04-23 | Reiterated Rating | Stifel Nicolaus | Buy | $90.00 to $95.00 |
2014-02-24 | Upgrade | Evercore ISI | Neutral | $82.00 |
2014-01-29 | Upgrade | BMO Capital Markets | Market Perform to Outperform | $88.00 to $100.00 |
2014-01-13 | Boost Price Target | Barclays | Equal Weight | $81.00 to $91.00 |
2013-12-31 | Boost Price Target | FBR & Co. | Outperform | $90.00 to $97.00 |
2013-10-23 | Boost Price Target | Robert W. Baird | Outperform | $80.00 to $82.00 |
2013-10-23 | Boost Price Target | Morgan Stanley | Underweight | $71.00 to $74.00 |
2013-10-23 | Boost Price Target | Jefferies Group | Buy | $85.00 to $90.00 |
2013-10-23 | Boost Price Target | Global Hunter Securities | Accumulate | $80.00 to $85.00 |
2013-10-23 | Boost Price Target | Credit Suisse | Neutral | $69.00 to $77.00 |
2013-10-23 | Boost Price Target | Barclays | Equal Weight | $77.00 to $81.00 |
2013-10-22 | Reiterated | UBS | Neutral | $70 to $77 |
2013-10-22 | Reiterated Rating | Citigroup Inc. | Hold | $80.00 |
2013-10-16 | Boost Price Target | BMO Capital Markets | Market Perform | $77.00 to $81.00 |
2013-09-25 | Reiterated Rating | Citigroup Inc. | Neutral | $75.00 to $80.00 |
2013-09-25 | Boost Price Target | Stifel Nicolaus | Buy | $78.00 to $83.00 |
2013-08-22 | Reiterated | FBR Capital | Outperform | $80 to $85 |
2013-05-31 | Reiterated | FBR Capital | Outperform | $70 to $80 |
2012-09-12 | Reiterated | FBR Capital | Outperform | $66 to $70 |
2012-07-25 | Reiterated | Barrington Research | Outperform | $65 to $60 |
2012-01-17 | Downgrade | Standpoint Research | Buy to Hold | |
2011-05-11 | Reiterated | Barrington Research | Outperform | $60 to $80 |
2016-06-23 | Downgrade | Robert W. Baird | Outperform to Neutral | $108.00 |
2016-06-07 | Reiterated Rating | Oppenheimer | Buy | |
2016-06-07 | Reiterated Rating | Oppenheimer Holdings Inc. | Buy | |
2016-04-25 | Boost Price Target | Deutsche Bank | Buy | $104.00 to $116.00 |
2016-04-25 | Boost Price Target | Deutsche Bank AG | Buy | $104.00 to $116.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In ITW 926 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
Vanguard Group, Inc | 25.61M |
BlackRock Inc. | 20.98M |
NORTHERN TRUST CORP | 12.97M |
STATE STREET CORP | 12.82M |
BlackRock Institutional Trust Company, N.A. | 8.72M |
WELLS FARGO & CO/MN | 7.56M |
SCHWAB CHARLES INVESTMENT MANAGEMENT INC | 6.46M |
WELLINGTON MANAGEMENT CO LLP | 5.53M |
Capital Research Global Investors | 5.26M |
GEODE CAPITAL MANAGEMENT, LLC | 4.92M |
BlackRock Fund Advisors | 4.09M |
FLOSSBACH VON STORCH AG | 3.78M |
BANK OF AMERICA CORP /DE/ | 3.60M |
JANUS CAPITAL MANAGEMENT LLC | 2.95M |
MORGAN STANLEY | 2.88M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
MCCORMACK ROBERT C | 0.97% (3834268) | ITW / |
SMITH HAROLD B Emeritus Director | 0.14% (571692) | ITW / |
SMITH DAVID BYRON JR | 0.03% (112592) | ITW / NTRS / |
SANTI ERNEST SCOTT President & CEO | 0.03% (104649) | GWW / ITW / |
MORRISON ROBERT S | 0.03% (99741) | AON / ITW / MMM / |
DAVIS DON H JR | 0.01% (55527) | ITW / |
CROWN SUSAN | 0.01% (47907) | ITW / NTRS / |
SKINNER JAMES A | 0.01% (46908) | HPQ / ITW / WAG / |
MARTINDALE STEVEN L Executive Vice President | 0.01% (33126) | ITW / |
HINDMAN CRAIG A Executive Vice President | 0.01% (31764) | ITW / ROCK / |
STROBEL PAMELA B | 0.01% (30565) | ITW / UFS / |
MARTEL ROLAND M Executive Vice President | 0.01% (29445) | ITW / |
NAGARAJAN SUNDARAM Executive Vice President | 0.01% (26303) | ITW / SON / |
VALLS JUAN Executive Vice President | 0.01% (24430) | ITW / |
O'HERLIHY CHRISTOPHER A Executive Vice President | 0.01% (22756) | ITW / MAS / |
Williams Anre D | 0.01% (20745) | AXP / ITW / |