Here's Why You Should Retain Illinois Tool Stock in Your Portfolio Now

Illinois Tool Works Inc. (ITW) is benefiting from positive momentum in the Food Equipment segment. Growth in the institutional end markets in North America, along with higher service revenues and strong demand in the European warewashing equipment end market, has been aiding the segment’s performance. Organic revenues from the segment increased 1.2% in the first quarter of 2025.The company is also benefiting from strength in the Specialty Products segment. The segment is being driven by strong momentum in t ...