Illinois Tool Works Inc. (ITW) has been a key player in recent investor discussions, with activities ranging from
dividends to
earnings reports and
investor positions. The company recently announced a
quarterly dividend of $1.50, contributing to an annual total of $6.00 per share, aiding income-centric investment strategies.
Q4 2024 revealed
record margins and strategic highlights, despite concerns over their share price.
Investments have been fluctuating, notable transactions include Chevy Chase Trust Holdings, Kestra Private Wealth Services, and Conning Inc. adjusting their share counts. Wells Fargo & Company has issued a new price target of $245.00 for ITW, while Barclays has reduced theirs to $262.00.
ITW's FY 2025
earnings guidance issued a mixed response. A pessimistic forecast has been issued for their earnings. Share transactions continued with Boston Trust Walden Corp. and abrdn plc selling their shares. ITW closed the year with
Q4 beating earnings estimates and an emphasis on its strong record of returning capital.
Illinois Tool Works ITW News Analytics from Wed, 02 Oct 2024 07:00:00 GMT to Sat, 15 Feb 2025 20:42:13 GMT -
Rating 4
- Innovation 0
- Information 8
- Rumor -3