A variety of recent activities surround
Illinois Tool Works (ITW). There have been multiple transactions by different investment and asset management firms. Firms such as
Impax Asset Management Group plc and
KBC Group NV have increased their holdings, while others like
Connor Clark & Lunn Investment Management Ltd and
Los Angeles Capital Management LLC have sold off their shares. Several price target adjustments have been made, notably by
Baird and
Barclays. Various other entities like the
National Pension Service and the
Police & Firemen s Retirement System of New Jersey have also altered their stock holdings. Despite the shuffled stakes, the company has demonstrated
effective capital allocation. However, its shares are trading lower with rumors of
slower growth outlook. The company's Q3 earnings topped estimates, demonstrating
strong margin growth. Yet, some investors remain cautious due to the company's recently narrowed outlook and weaker profits.
Illinois Tool Works ITW News Analytics from Wed, 30 Apr 2025 07:00:00 GMT to Sat, 15 Nov 2025 13:00:11 GMT -
Rating 4
- Innovation 3
- Information 7
- Rumor -5
