Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Illinois Tool Works (ITW) have what it takes?
ITW sees steady growth in key segments and margins, but debt concerns and weakness in the MTS Test & Simulation unit cloud the outlook.
Illinois Tool Works (ITW) reported earnings 30 days ago. What's next for the stock?
Industrial - Machinery Industry | Industrials Sector | Christopher A. O'Herlihy CEO | XBER Exchange | US4523081093 ISIN |
US Country | 44,000 Employees | 31 Mar 2025 Last Dividend | 26 May 2006 Last Split | 5 Nov 1987 IPO Date |
Illinois Tool Works Inc. is a global manufacturer and distributor of a diverse range of industrial products and equipment. With a rich history dating back to its foundation in 1912, the company has grown to serve a wide array of industries across the United States and internationally. Its offerings are organized into seven main segments: Automotive OEM, Food Equipment, Test & Measurement and Electronics, Welding, Polymers & Fluids, Construction Products, and Specialty Products. This structure allows Illinois Tool Works Inc. to cater to the needs of various markets, including automotive, commercial food equipment, construction, industrial capital goods, and consumer durables, among others. Headquartered in Glenview, Illinois, the company stands as a testament to over a century of innovation, excellence, and customer service.