EPS for Illinois Tool Works Inc. (ITW) Expected At $1.62

January 14, 2018 - By Maria Brooks

 EPS for Illinois Tool Works Inc. (ITW) Expected At $1.62
Investors sentiment increased to 0.87 in Q3 2017. Its up 0.17, from 0.7 in 2017Q2. It increased, as 47 investors sold Illinois Tool Works Inc. shares while 354 reduced holdings. 79 funds opened positions while 268 raised stakes. 251.79 million shares or 0.92% less from 254.13 million shares in 2017Q2 were reported.
Ashfield Ptnrs Ltd Company holds 27,760 shares or 0.55% of its portfolio. Philadelphia Trust has invested 0.05% in Illinois Tool Works Inc. (NYSE:ITW). Douglass Winthrop Advsr Ltd Liability has 2,110 shares. Boys Arnold Company accumulated 11,848 shares. Lombard Odier Asset Mngmt (Europe) Ltd invested in 4,233 shares. Associated Banc holds 47,677 shares. 4.06M were accumulated by Savings Bank Of Ny Mellon Corporation. Country Tru National Bank reported 19,547 shares. Piedmont Investment Limited Co holds 0.21% or 65,736 shares in its portfolio. Woodstock Corp has invested 1.39% in Illinois Tool Works Inc. (NYSE:ITW). Pictet & Cie (Europe) Sa owns 7,459 shares for 0.16% of their portfolio. Mitsubishi Ufj Securities Limited has 200 shares. Delta Asset Mngmt Limited Liability Com Tn holds 0.02% or 749 shares in its portfolio. New York-based Cobblestone Cap Advsrs Ltd Liability Company has invested 0.09% in Illinois Tool Works Inc. (NYSE:ITW). Amp Cap Investors Limited holds 0.15% or 180,171 shares.

Since October 2, 2017, it had 0 insider buys, and 5 insider sales for $24.79 million activity. $4.99 million worth of stock was sold by SMITH HAROLD B on Friday, December 8. $7.62 million worth of Illinois Tool Works Inc. (NYSE:ITW) was sold by VALLS JUAN. The insider MARTINDALE STEVEN L sold 64,818 shares worth $10.19M.

Analysts expect Illinois Tool Works Inc. (NYSE:ITW) to report $1.62 EPS on January, 24.They anticipate $0.23 EPS change or 16.55 % from last quarter’s $1.39 EPS. ITW’s profit would be $555.01M giving it 26.31 P/E if the $1.62 EPS is correct. After having $1.71 EPS previously, Illinois Tool Works Inc.’s analysts see -5.26 % EPS growth. The stock increased 0.90% or $1.52 during the last trading session, reaching $170.52. About 953,236 shares traded. Illinois Tool Works Inc. (NYSE:ITW) has risen 33.32% since January 14, 2017 and is uptrending. It has outperformed by 16.62% the S&P500.

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

Among 19 analysts covering Illinois Tool Works Inc (NYSE:ITW), 8 have Buy rating, 0 Sell and 11 Hold. Therefore 42% are positive. Illinois Tool Works Inc has $190.0 highest and $85 lowest target. $151.58’s average target is -11.11% below currents $170.52 stock price. Illinois Tool Works Inc had 72 analyst reports since July 24, 2015 according to SRatingsIntel. As per Friday, April 21, the company rating was maintained by BMO Capital Markets. The stock of Illinois Tool Works Inc. (NYSE:ITW) has “Buy” rating given on Thursday, June 1 by Goldman Sachs. The stock of Illinois Tool Works Inc. (NYSE:ITW) has “Buy” rating given on Monday, October 16 by Wells Fargo. Stifel Nicolaus maintained it with “Hold” rating and $14400 target in Tuesday, July 4 report. Robert W. Baird maintained it with “Hold” rating and $145.0 target in Thursday, August 24 report. The firm has “Hold” rating by Robert W. Baird given on Monday, October 23. Stifel Nicolaus maintained Illinois Tool Works Inc. (NYSE:ITW) on Monday, August 14 with “Hold” rating. Credit Suisse maintained it with “Neutral” rating and $140 target in Tuesday, October 24 report. The firm has “Sector Perform” rating given on Thursday, July 21 by RBC Capital Markets. The firm has “Hold” rating given on Tuesday, October 10 by J.P. Morgan.

Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. The company has market cap of $58.42 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 26.16 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: Nasdaq.com, which released: “Ex-Dividend Reminder: Kansas City Southern, Primoris Services and Illinois …” on December 26, 2017. Nasdaq.com‘s article titled: “Illinois Tool Works Inc. (ITW) Ex-Dividend Date Scheduled for December 28, 2017” and published on December 27, 2017 is yet another important article.

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