Investors sentiment decreased to 0.78 in 2018 Q4. Its down 0.29, from 1.07 in 2018Q3. It is negative, as 73 investors sold Illinois Tool Works Inc. shares while 349 reduced holdings. 85 funds opened positions while 244 raised stakes. 231.63 million shares or 5.13% more from 220.32 million shares in 2018Q3 were reported.
Eagle Ridge holds 0.09% or 4,224 shares. Moreover, Gotham Asset Mngmt Limited Co has 0.57% invested in Illinois Tool Works Inc. (NYSE:ITW). Jcic Asset Management holds 19 shares or 0% of its portfolio. Alpha Cubed Investments Lc holds 0.04% or 1,870 shares. Ironwood Counsel Ltd Llc stated it has 0.31% in Illinois Tool Works Inc. (NYSE:ITW). Iowa Bancorporation has 2,000 shares for 0.13% of their portfolio. 20.91 million are owned by Blackrock. Landscape holds 0.03% or 2,570 shares. Smithfield invested in 0.1% or 6,957 shares. 1.46M are held by Charles Schwab Investment Management. Hall Laurie J Trustee holds 0.12% or 1,525 shares. Tiaa Cref Mgmt Ltd Company invested in 544,764 shares. Prudential Financial reported 0.08% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW). The Washington-based Cornerstone Advisors Incorporated has invested 0.01% in Illinois Tool Works Inc. (NYSE:ITW). Lombard Odier Asset Management (Europe) Limited holds 3,252 shares.
Since December 11, 2018, it had 0 insider buys, and 4 insider sales for $26.86 million activity. 58,736 shares were sold by Larsen Michael M, worth $7.81 million on Tuesday, December 11. Shares for $1.99 million were sold by Hartnett John R. on Tuesday, February 5. NAGARAJAN SUNDARAM also sold $2.57 million worth of Illinois Tool Works Inc. (NYSE:ITW) shares.
Analysts expect Illinois Tool Works Inc. (NYSE:ITW) to report $1.80 EPS on April, 25.They anticipate $0.10 EPS change or 5.26 % from last quarterâ€™s $1.9 EPS. ITWâ€™s profit would be $590.59M giving it 19.67 P/E if the $1.80 EPS is correct. After having $1.83 EPS previously, Illinois Tool Works Inc.â€™s analysts see -1.64 % EPS growth. The stock decreased 3.29% or $4.82 during the last trading session, reaching $141.65. About 1.57 million shares traded or 4.52% up from the average. Illinois Tool Works Inc. (NYSE:ITW) has declined 8.90% since March 25, 2018 and is downtrending. It has underperformed by 13.27% the S&P500.
Illinois Tool Works Inc. (NYSE:ITW) Ratings Coverage
Among 10 analysts covering Illinois Tool Works (NYSE:ITW), 2 have Buy rating, 3 Sell and 5 Hold. Therefore 20% are positive. Illinois Tool Works had 10 analyst reports since October 25, 2018 according to SRatingsIntel. The company was maintained on Thursday, October 25 by Wells Fargo. The firm earned â€œUnderperformâ€ rating on Tuesday, February 5 by Bank of America. The company was downgraded on Thursday, October 25 by Seaport Global. The rating was maintained by BMO Capital Markets on Monday, February 25 with â€œMarket Performâ€. As per Monday, December 17, the company rating was downgraded by Deutsche Bank. Robert W. Baird maintained it with â€œNeutralâ€ rating and $130 target in Thursday, October 25 report. Morgan Stanley maintained Illinois Tool Works Inc. (NYSE:ITW) rating on Thursday, October 25. Morgan Stanley has â€œEqual-Weightâ€ rating and $131 target. The stock of Illinois Tool Works Inc. (NYSE:ITW) has â€œBuyâ€ rating given on Thursday, October 25 by Citigroup. The company was maintained on Thursday, October 25 by Credit Suisse. As per Thursday, January 10, the company rating was downgraded by JP Morgan.
Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. The company has market cap of $46.48 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 18.64 P/E ratio. The Automotive OEM segment produces plastic and metal components, fasteners, and assemblies for automotive-related applications.
More notable recent Illinois Tool Works Inc. (NYSE:ITW) news were published by: Seekingalpha.com which released: â€œTariffs And Trade Wars Have Brought Illinois Tool Works Back To Fair Value â€“ Seeking Alphaâ€ on June 18, 2018, also Seekingalpha.com with their article: â€œTaking A Look At Illinois Tool Works â€“ Seeking Alphaâ€ published on November 15, 2018, Seekingalpha.com published: â€œI Bought Illinois Tool Works After Its Nearly 30% Dividend Increase â€“ Seeking Alphaâ€ on August 09, 2018. More interesting news about Illinois Tool Works Inc. (NYSE:ITW) were released by: Fool.com and their article: â€œWhy Middleby Stock Rose 14.5% in January â€“ Motley Foolâ€ published on February 11, 2019 as well as Seekingalpha.comâ€˜s news article titled: â€œIllinois Tool Works Has Long-Term Dividend Growth But Iâ€™m Waiting To Buy â€“ Seeking Alphaâ€ with publication date: October 22, 2018.
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