In the past month, the Zacks Rank #3 (Hold) company has lost 4.6% compared with the industry's 6.7% decline. However, softness in the consumer electronics and semiconductor end markets is affecting revenues at Illinois Tool's Test & Measurement and Electronics segment (revenues down 0.9% year over year in the first quarter). Also, lower demand in North America and Asia Pacific is affecting the segment's electronics assembly businesses. ITW's focus on cost management and enterprise initiatives has been suppo ...

Illinois Tool Works in Focus ITW is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2024 is $10.22 per share, with earnings expected to increase 4.50% from the year ago period. Big, established firms that have more secure profits are often seen as the best dividend options, but it's fairly uncommon to see high-growth businesses or tech start-ups offer their stockholders a dividend. During periods of rising interest rates, income investors must be mindful that high-yie ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Value Score Value investors love finding good stocks at good prices, especially before the broader ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yie ...

primeimages Investment Thesis Illinois Tool Works Inc.'s (NYSE:ITW) revenue growth is poised to benefit from easier year-over-year comparisons and stable underlying demand in the coming quarters. While the company's sales, particularly in the Specialty Products business, are expected to be impacted by the Product Line Simplification initiative for a couple of more quarters, once completed, it will position the company for good growth in the medium to long term. In addition, the company's focus on Customer-B ...

Illinois Tool Works Inc. (ITW) is poised to gain from strength in the Automotive OEM (Original Equipment Manufacturer) segment, stable underlying demand and improving supply chains despite softness in the semiconductor end market and foreign currency woes.What’s Aiding ITW?Business Strength: Illinois Tool is benefiting from stable underlying demand and improving supply chains. Strong momentum in the EV markets, customer mix and product line simplification activities are boosting revenues in the Automotive O ...

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividen ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Sco ...

GLENVIEW, Ill., May 03, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE:ITW) declared a dividend on the company's common stock of $1.40 per share for the 2nd quarter of 2024. The dividend equates to $5.60 per share on a full-year basis. The dividend will be paid on July 11, 2024 to shareholders of record as of June 28, 2024. About Illinois Tool WorksITW (NYSE:ITW) is a Fortune 200 global multi-industry manufacturing leader with revenue of $16.1 billion in 2023. The company' ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission File Number: 1-4797 ILLINOIS TOOL WORKS INC. (Exact name of registrant as specified in its charter) | Delaware | ...