Page 5 - Tool Works News Today

Brandywine Oak Private Wealth LLC decreased its holdings in Illinois Tool Works Inc. (NYSE:ITW – Free Report) by 6.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,545 shares of the industrial products company’s stock after selling 100 shares during the quarter. Brandywine […]

RB Capital Management LLC bought a new stake in shares of Illinois Tool Works Inc. (NYSE:ITW – Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 791 shares of the industrial products company’s stock, valued at approximately $207,000. Several other hedge funds have also recently […]

Illinois Tool Works (NYSE:ITW – Get Free Report) posted its quarterly earnings data on Tuesday. The industrial products company reported $2.44 earnings per share for the quarter, topping the consensus estimate of $2.35 by $0.09, Briefing.com reports. The company had revenue of $3.97 billion during the quarter, compared to analysts’ expectations of $4.03 billion. Illinois […]

Illinois Tool Works (NYSE:ITW – Get Free Report) issued its quarterly earnings results on Tuesday. The industrial products company reported $2.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.35 by $0.09, Briefing.com reports. The firm had revenue of $3.97 billion during the quarter, compared to the consensus estimate of $4.03 […]

Concord Wealth Partners trimmed its holdings in shares of Illinois Tool Works Inc. (NYSE:ITW – Free Report) by 47.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,506 shares of the industrial products company’s stock after selling 1,376 shares during the period. Concord Wealth […]

RB Capital Management LLC purchased a new stake in shares of Illinois Tool Works Inc. (NYSE:ITW – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 791 shares of the industrial products company’s stock, valued at approximately $207,000. Other institutional investors […]

Illinois Tool Works (NYSE:ITW – Get Free Report) issued an update on its FY24 earnings guidance on Tuesday morning. The company provided EPS guidance of $10.30-10.70 for the period, compared to the consensus EPS estimate of $10.13. The company issued revenue guidance of $16.43-16.75 billion, compared to the consensus revenue estimate of $16.50 billion. Illinois […]

Illinois Tool Works (NYSE:ITW – Get Free Report) had its price objective decreased by Wells Fargo & Company from $255.00 to $244.00 in a research note issued on Wednesday, Benzinga reports. The firm presently has an “underweight” rating on the industrial products company’s stock. Wells Fargo & Company‘s price objective would suggest a potential downside […]

Research Analysts’ price target changes for Wednesday, May 1st: ACNB (NASDAQ:ACNB) had its target price lowered by Piper Sandler from $40.00 to $37.00. The firm currently has a neutral rating on the stock. agilon health (NYSE:AGL) had its price target trimmed by Stifel Nicolaus from $8.00 to $7.00. The firm currently has a hold rating […]

Illinois Tool Works (NYSE:ITW – Get Free Report) updated its FY24 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $10.30-10.70 for the period, compared to the consensus estimate of $10.13. The company issued revenue guidance of $16.43-16.75 billion, compared to the consensus revenue estimate of $16.50 billion. Illinois Tool Works […]