Analysts take a look at Illinois Tool Works Inc. (NYSE:ITW) having this to say.

July 14, 2018 - By Bradley Stiles

Investors sentiment decreased to 0.69 in 2018 Q1. Its down 0.21, from 0.9 in 2017Q4. It dived, as 53 investors sold Illinois Tool Works Inc. shares while 419 reduced holdings. 87 funds opened positions while 239 raised stakes. 229.17 million shares or 0.03% more from 229.09 million shares in 2017Q4 were reported.
Piershale Financial Group Incorporated stated it has 2,319 shares. Cap Planning Ltd reported 3,830 shares stake. 15,552 are owned by Envestnet Asset Mngmt Inc. Markel holds 0.68% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW) for 230,000 shares. Cornerstone Advsr Inc has 18,400 shares. Westwood Holding Incorporated owns 42,399 shares or 0.05% of their US portfolio. Acadian Asset Mngmt holds 4,577 shares or 0% of its portfolio. Sun Life Fin, Ontario – Canada-based fund reported 219 shares. Parsons Ri holds 0.07% or 3,598 shares. Ontario Teachers Pension Plan Board owns 46,928 shares for 0.11% of their portfolio. Park National Corp Oh owns 21,513 shares. Wunderlich Cap Managemnt has invested 0.17% in Illinois Tool Works Inc. (NYSE:ITW). Tompkins Finance holds 1,668 shares or 0.06% of its portfolio. Texas-based King Luther Mngmt has invested 0.29% in Illinois Tool Works Inc. (NYSE:ITW). New York-based Jefferies Gp Ltd Liability Corporation has invested 0.04% in Illinois Tool Works Inc. (NYSE:ITW).

Since January 26, 2018, it had 0 insider buys, and 1 sale for $3.32 million activity.

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

Among 12 analysts covering Illinois Tool Works (NYSE:ITW), 5 have Buy rating, 0 Sell and 7 Hold. Therefore 42% are positive. Illinois Tool Works had 19 analyst reports since January 16, 2018 according to SRatingsIntel. The company was maintained on Wednesday, January 24 by Jefferies. The stock has “Hold” rating by BMO Capital Markets on Tuesday, April 17. The rating was maintained by Stifel Nicolaus on Monday, April 16 with “Hold”. Robert W. Baird maintained Illinois Tool Works Inc. (NYSE:ITW) rating on Wednesday, January 24. Robert W. Baird has “Hold” rating and $175.0 target. BMO Capital Markets maintained it with “Hold” rating and $185.0 target in Wednesday, January 24 report. The company was maintained on Tuesday, January 16 by Stifel Nicolaus. Wells Fargo maintained Illinois Tool Works Inc. (NYSE:ITW) rating on Thursday, January 25. Wells Fargo has “Outperform” rating and $200 target. The stock has “Hold” rating by Stifel Nicolaus on Friday, April 27. The stock has “Hold” rating by RBC Capital Markets on Tuesday, April 17. Credit Suisse maintained Illinois Tool Works Inc. (NYSE:ITW) rating on Thursday, January 25. Credit Suisse has “Neutral” rating and $166 target. Below is a list of Illinois Tool Works Inc. (NYSE:ITW) latest ratings and price target changes.

12/07/2018 Broker: Deutsche Bank Old Rating: Buy New Rating: Hold New Target: $152 Maintain
04/05/2018 Broker: BMO Capital Markets Old Rating: Market Perform New Rating: Market Perform Old Target: $175 New Target: $160 Maintain
27/04/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $162 New Target: $156 Maintain
17/04/2018 Broker: RBC Capital Markets Rating: Hold New Target: $170.0000 Maintain
17/04/2018 Broker: BMO Capital Markets Rating: Hold New Target: $170.0000 Maintain
16/04/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $186 New Target: $162 Maintain
10/04/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $168 New Target: $155 Maintain
10/04/2018 Broker: Goldman Sachs Rating: Buy New Target: $177.0000 Upgrade
25/01/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $160 New Target: $168 Maintain
25/01/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $163 New Target: $166 Maintain

The stock increased 0.90% or $1.28 during the last trading session, reaching $143.75. About 1.03M shares traded. Illinois Tool Works Inc. (NYSE:ITW) has risen 4.93% since July 14, 2017 and is uptrending. It has underperformed by 7.64% the S&P500.

Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. The company has market cap of $48.70 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 27.58 P/E ratio. The Automotive OEM segment produces plastic and metal components, fasteners, and assemblies for automotive-related applications.

More news for Illinois Tool Works Inc. (NYSE:ITW) were recently published by: Globenewswire.com, which released: “ITW Schedules Second Quarter 2018 Earnings Conference Call” on July 02, 2018. Seekingalpha.com‘s article titled: “Deutsche Bank weighs in on industrials” and published on July 12, 2018 is yet another important article.

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

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