After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.
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Stocks Info
The company is listed on the NYSE and operates within the Specialty Industrial Machinery industry segment. The current market capitalization of Illinois Tool Works, Inc. is $75.06B. A total of 1.03 million shares were traded on the day, compared to an average of 1.30M shares.
In the most recent transaction, Larsen Michael M sold 37,167 shares of ITW for 265.06 per share on Mar 14 ’24. After the transaction, the SVP & CFO now owns 46,404 company shares. In a previous transaction on Feb 28 ’24, Lawler Mary Katherine sold 11,647 shares at 262.40 per share. ITW shares that SVP & Chief HR Officer owns now total 25,562.
Among the insiders who sold shares, SANTI ERNEST SCOTT disposed of 45,676 shares on Feb 12 ’24 at a per-share price of $256.12. This resulted in the Chairman holding 221,015 shares of ITW after the transaction. In another insider transaction, SCHEUNEMAN RANDALL J sold 5,827 shares at $256.29 per share on Feb 12 ’24. Company shares held by the VP & Chief Accounting Officer now total 8,870.
Dividend
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Illinois Tool Works, Inc. pays an annual dividend of $5.51, resulting in a dividend yield of 2.19%, and it has a price to earnings (P/E) ratio of 25.79. ITW’s most recent ex-dividend date was 3/27/2024 when it declared a $1.40 quarterly dividend that was paid in cash on 4/11/2024. Previously, the company paid the dividend on 1/11/2024 with an ex-dividend date of 12/28/2023. The ITW stock dividend was $1.40 per share in cash.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, ITW has a high of $271.15 and a low of $217.06.
As of this writing, ITW has an earnings estimate of $iShares U.S. Aerospace & Defens per share for the current quarter. EPS was calculated based on a consensus of Illinois Tool Works Inc. estimates, with a high estimate of $Gartner, Inc. per share and a lower estimate of $iShares U.S. Technology ETF.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ITW’s latest balance sheet shows that the firm has $1.53B in Cash & Short Term Investments as of fiscal 2021. There were $7.88B in debt and $3.47B in liabilities at the time. Its Book Value Per Share was $10.06, while its Total Shareholder’s Equity was $3.63B.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ITW is Buy with a score of 2.79.
