Analyst Activity – BMO Capital Markets Reiterates Buy on Illinois Tool Works (NYSE:ITW)

ME Staff
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Analyst Ratings For Illinois Tool Works (NYSE:ITW)

Today, BMO Capital Markets reiterated its Buy rating on Illinois Tool Works (NYSE:ITW) with a price target of $160.00.

There are 5 hold ratings, 6 buy ratings on the stock.

The current consensus rating on Illinois Tool Works (NYSE:ITW) is Buy (Score: 2.55) with a consensus target price of $150.45 per share, a potential 2.27% upside.

Some recent analyst ratings include

  • 7/20/2017-BMO Capital Markets Reiterated Rating of Buy.
  • 7/14/2017-Stifel Nicolaus Reiterated Rating of Hold.
  • 7/10/2017-Morgan Stanley Reiterated Rating of Equal Weight.
  • 6/1/2017-Goldman Sachs Group, Inc. (The) Upgrade from a “Sell ” rating to a ” Buy” rating.
  • 5/16/2017-Jefferies Group LLC Reiterated Rating of Buy.
  • 4/29/2017-Deutsche Bank AG Reiterated Rating of Buy.

Dividend information for Illinois Tool Works (NYSE:ITW)

Illinois Tool Works (NYSE:ITW) pays an annual dividend of Community Ranking: with a yield of 1.77% and an average dividend growth of 24.90% based on a 3 Year Average.

Dividend History for Illinois Tool Works (NYSE:ITW)

  • On 5/5/2017 Illinois Tool Works announced a quarterly dividend of $0.65 1.86% with an ex dividend date of 6/28/2017 which will be payable on 7/12/2017.
  • On 2/10/2017 Illinois Tool Works announced a quarterly dividend of $0.65 2.01% with an ex dividend date of 3/29/2017 which will be payable on 4/11/2017.
  • On 10/28/2016 Illinois Tool Works announced a quarterly dividend of $0.65 2.29% with an ex dividend date of 12/28/2016 which will be payable on 1/11/2017.
  • On 8/5/2016 Illinois Tool Works announced a quarterly dividend of $0.65 2.21% with an ex dividend date of 9/28/2016 which will be payable on 10/6/2016.
  • On 5/6/2016 Illinois Tool Works announced a quarterly dividend of $0.55 2.11% with an ex dividend date of 6/28/2016 which will be payable on 7/8/2016.
  • On 2/12/2016 Illinois Tool Works announced a quarterly dividend of $0.55 2.32% with an ex dividend date of 3/29/2016 which will be payable on 4/7/2016.
  • On 10/30/2015 Illinois Tool Works announced a quarterly dividend of $0.55 2.35% with an ex dividend date of 12/29/2015 which will be payable on 1/7/2016.

Recent Insider Trading Activity For Illinois Tool Works (NYSE:ITW)
Illinois Tool Works (NYSE:ITW) has insider ownership of 0.90% and institutional ownership of 75.47%.

  • On 6/9/2017 John R Hartnett, Insider, sold 11,750 with an average share price of $144.96 per share and the total transaction amounting to $1,703,280.00. View SEC Filing
  • On 6/5/2017 Christopher A O’herlihy, Vice Chairman, sold 36,467 with an average share price of $144.00 per share and the total transaction amounting to $5,251,248.00. View SEC Filing
  • On 5/26/2017 Michael M Larsen, CFO, sold 52,447 with an average share price of $140.62 per share and the total transaction amounting to $7,375,097.14. View SEC Filing
  • On 5/12/2017 Ernest Scott Santi, CEO, sold 101,297 with an average share price of $138.03 per share and the total transaction amounting to $13,982,024.91. View SEC Filing
  • On 4/26/2017 John R Hartnett, Insider, sold 13,889 with an average share price of $139.27 per share and the total transaction amounting to $1,934,321.03. View SEC Filing
  • On 4/24/2017 Michael R Zimmerman, Insider, sold 5,000 with an average share price of $140.00 per share and the total transaction amounting to $700,000.00. View SEC Filing
  • On 3/1/2017 Sundaram Nagarajan, Insider, sold 4,554 with an average share price of $133.28 per share and the total transaction amounting to $606,957.12. View SEC Filing

Recent Trading Activity for Illinois Tool Works (NYSE:ITW)
Shares of Illinois Tool Works closed the previous trading session at 147.12 down -0.56 -0.38% with 940,800 shares trading hands.