Reduces Position in Illinois Tool Works Inc. (ITW)

Author

29 August, 2017

Illinois Tool Works Inc had 47 analyst reports since July 24, 2015 according to SRatingsIntel. The stock decreased 0.20% or $0.28 during the last trading session, reaching $136.53.

3M has higher revenue and earnings than Illinois Tool Works. (NYSE:ITW) has risen 33.32% since August 29, 2016 and is uptrending. It has outperformed by 16.62% the S&P500.

Fenimore Asset Management Inc increased Ingersoll (NYSE:IR) stake by 9,700 shares to 152,274 valued at $11.43 million in 2016Q4. After having $0.24 EPS previously, Limoneira Company's analysts see 133.33% EPS growth. Tompkins Financial Corporation (NYSEMKT:TMP) has risen 19.89% since August 28, 2016 and is uptrending. It has outperformed by 0.96% the S&P500. (NYSE:ITW). Trillium Asset Management Ltd Llc holds 31,122 shares. Interpublic Group Of Companies (NYSE:IPG) was raised too.

Since March 1, 2017, it had 0 insider buys, and 4 insider sales for $28.31 million activity. The insider Hartnett John R. sold $1.70 million. RBC Capital Markets maintained Illinois Tool Works Inc. (NYSE:ITW). Northeast Consultants owns 2,000 shares. (NYSE:ITW) rating on Friday, June 30. $606,957 worth of Illinois Tool Works Inc. The firm has "Buy" rating given on Monday, December 5 by Stifel Nicolaus. BidaskClub downgraded shares of Illinois Tool Works from a "sell" rating to a "strong sell" rating in a report on Saturday. First Quadrant Limited Partnership Ca invested 0.32% in Illinois Tool Works Inc. Therefore 100% are positive. Zacks Investment Research lowered shares of Illinois Tool Works from a "buy" rating to a "hold" rating in a research note on Monday, July 31st. Morgan Stanley maintained it with "Equal-Weight" rating and $104 target in Thursday, April 21 report. Victory Cap Management has invested 0.01% in Illinois Tool Works Inc. On Thursday, August 24 the stock rating was maintained by Robert W. Baird with "Hold". The stock has "Buy" rating by Goldman Sachs on Friday, March 18. More interesting news about Illinois Tool Works Inc. The rating was downgraded by Wedbush to "Neutral" on Monday, October 17. Roth Capital initiated it with "Buy" rating and $1.40 target in Monday, August 3 report.

Illinois Tool Works has a beta of 1.11, meaning that its stock price is 11% more volatile than the S&P 500. (NYSE:ITW) has "Hold" rating given on Tuesday, July 4 by Stifel Nicolaus. Illinois Tool Works Inc. As per Wednesday, January 6, the company rating was maintained by Roth Capital.

Investors sentiment increased to 0.74 in Q4 2016. Its down 0.04, from 0.74 in 2016Q3.

Among 17 analysts covering Illinois Tool Works Inc (NYSE:ITW), 7 have Buy rating, 2 Sell and 8 Hold. TrimTabs Asset Management LLC increased its position in Illinois Tool Works by 88.3% in the first quarter. Investors of record on Friday, September 29th will be paid a dividend of $0.78 per share. 504,320 are owned by Congress Asset Management Ma. The original version of this news story can be viewed at https://www.truebluetribune.com/2017/08/29/capstone-asset-management-co-decreases-stake-in-illinois-tool-works-inc-itw.html. It is 0.00% or $0 reaching $0 per share. Bank Of America De owns 2.68M shares or 0.07% of their U.S. portfolio. Hancock Hldg, a Mississippi-based fund reported 25,613 shares. Moreover, Bedrijfstakpensioenfonds Voor De Media Pno has 0.18% invested in Illinois Tool Works Inc. (NYSE:ITW) or 52,415 shares. Sei invested in 104,849 shares or 0.06% of the stock. Norinchukin Fincl Bank The reported 110,219 shares. Salem Inv Counselors Inc holds 0.08% in Old Republic International Corporation (NYSE:ORI) or 37,978 shares. Cwm Llc owns 392 shares or 0% of their U.S. portfolio. Meyer Handelman invested in 3.49% or 681,053 shares. Baring Asset Mngmt Limited has 1,700 shares. New Mexico Educational Retirement Board holds 0.19% of its portfolio in Illinois Tool Works Inc. Mak Jennifer H had sold 5,510 shares worth $726,659 on Tuesday, May 23.

Investors sentiment decreased to 0.72 in Q4 2016. The industrial products company reported $1.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $0.03. 70 funds opened positions while 127 raised stakes. Northern Trust, Illinois-based fund reported 14,044 shares. Citigroup invested 0% in Limoneira Company (NASDAQ:LMNR). Metropolitan Life Insur accumulated 9,067 shares or 0% of the stock. Toronto Dominion Commercial Bank has 3,000 shares. California-based Hanson Mcclain has invested 0% in Limoneira Company (NASDAQ:LMNR). With an institutional ownership near 77.1%, it carries an earnings per share ratio of 6.18. The company was downgraded on Friday, May 5 by Bank of America. Ellington Mngmt Grp Limited Com stated it has 1,900 shares. First Wilshire Securities Inc holds 0.59% or 95,481 shares in its portfolio. Cumberland Advisors reported 440 shares or 0.01% of all its holdings.

Among 36 analysts covering Time Warner Inc. Therefore 79% are positive. On Wednesday, January 11 the stock rating was maintained by Lake Street with "Buy". Barclays Capital maintained Holly Energy Partners, L.P. (NYSE:HEP) rating on Wednesday, August 5. The company presently has an average rating of "Hold" and a consensus price target of $150.64. The firm has "Outperform" rating by Macquarie Research given on Friday, September 11. (NYSE:ITW) earned "Buy" rating by Argus Research on Thursday, April 21.

Since March 7, 2017, it had 10 buys, and 0 sales for $656,712 activity. The shares were sold at an average price of $144.96, for a total value of $1,703,280.00. O'HERLIHY CHRISTOPHER A sold $5.25M worth of Illinois Tool Works Inc.

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.


More news


  • Nebraska Task Force One continues efforts in Texas

    Nebraska Task Force One continues efforts in Texas

    Thavenet said the difference between other rescue efforts and the current one in Texas is the amount of water. As for where the Nebraska Task Force will be assigned next, we are not sure.

    AstraZeneca in £309m deal with Japan's Takeda to develop Parkinson's treatment

    MEDI1341 is an antibody treatment which is now in development and due to enter phase one clinical trials later this year. Alpha-synuclein is an aggregation-prone protein that contributes to the development of PD, according to a statement.

    Would You Buy Aecom Technology Corporation (NYSE:ACM) On These Analyst Ratings?

    KeyCorp reaffirmed their buy rating on shares of AECOM (NYSE:ACM) in a research note issued to investors on Friday morning. Sell-side analyst recommendations point to a short term price target of $38.92 on the shares of AECOM (ACM ).
  • Western Digital buys flash storage company Tegile Systems

    Western Digital buys flash storage company Tegile Systems

    Western Digital Corporation on 6/29/2017 reported its EPS as $1.54 with the analysts projecting the EPS of the stock as $1.04. Iridian Asset Management LLC CT boosted its position in shares of Western Digital Corporation by 244.0% in the first quarter.

    Bbva Compass Bancshares Inc. Lowers Stake in Wells Fargo & Company

    On Thursday, March 16 Gottscho Richard A sold $9.96 million worth of Lam Research Corporation (NASDAQ:LRCX) or 80,009 shares. BidaskClub cut Wells Fargo & from a "sell" rating to a "strong sell" rating in a research note on Wednesday, August 2nd.
    Anti-rheumatic Biosimilar Gets FDA Nod

    Anti-rheumatic Biosimilar Gets FDA Nod

    The first Humira biosimilar, Amjevita (adalimumab-atto; Amgen), was approved by the FDA in September 2016 . Cyltezo will be available as 40mg/0.8mL strength pre-filled glass syringes in 2-count cartons.
  • Expedia, Inc. (EXPE) Shares Gap Down Following Insider Selling

    Expedia, Inc. (EXPE) Shares Gap Down Following Insider Selling

    Expedia , Inc. has a beta of 0.61, offering the possibility of a higher rate of return, but also posing more risk. Expedia , Inc. (NASDAQ:EXPE) slipped over -4.51% at $142.53, after hitting low of $141.21 in an intra-day trade.
    Father charged after toddler found locked in vehicle, crying and sweating

    Father charged after toddler found locked in vehicle, crying and sweating

    Police say the officers couldn't find any adults in the immediate area, and the child was crying, sweating, and in distress. Police are investigating after a Halifax mother says a stranger picked up her 2-year-old son in a parking lot.
    Rockets owner will donate $4 million to Hurricane Harvey Relief Fund

    Rockets owner will donate $4 million to Hurricane Harvey Relief Fund

    Rockets owner Les Alexander has increased his donation to the Hurricane Harvey Relief Fund to $10 million. The Texans are scheduled to host the Cowboys on Thursday night in a preseason game.
  • World's first diamond futures exchange in India to start trading today

    World's first diamond futures exchange in India to start trading today

    The trading was launched in Sebi-approved diamond futures for expiry in November and December this year and also in January 2018. The exchange expects about 45 sightholders of De Beers to transact on the online platform, it said.

    Gerstenberg Sells 4667 Shares of Clean Harbors, Inc. (CLH) Stock

    Sells 141,804 Shares of Clean Harbors, Inc . 4,071 shares valued at $241,207 were sold by TWOHIG MICHAEL J on Thursday, June 1. Comparatively, Waste Management has a beta of 0.71, suggesting that its share price is 29% less volatile than the S&P 500.

    Official Shadow of War Marauder Tribe Trailer

    Middle-Earth Shadow of War is a very big game, and that's becoming more obvious with every piece of new content revealed. They also, for some inexplicable reason, dance to hip-hop, badly.