Evercore ISI Group Maintains Underperform on Illinois Tool Works, Raises Price Target to $309
Evercore ISI Group analyst David Raso maintains Illinois Tool Works (NYSE:ITW) with a Underperform and raises the price target from $272 to $309.
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Illinois Tool Works Q2 EPS $2.84 Beats $2.79 Estimate, Sales $4.301B Beat $4.189B Estimate
Illinois Tool Works (NYSE:ITW) reported quarterly earnings of $2.84 per share which beat the analyst consensus estimate of $2.79 by 1.79 percent. This is a 10.08 percent increase over earnings of $2.58 per share from
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ITW Announces 7% Dividend Increase and $6 Billion Share Repurchase Program
Illinois Tool Works Inc. (ITW) announced a 7% increase in its annual cash dividend to $6.88 per share, marking its 63rd consecutive annual dividend increase. The company also approved a new $6 billion share repurchase authorization as part of its capital allocation strategy, reflecting confidence in long-term growth and cash flow generation.
ITW Increases Quarterly Dividend From $1.61 To $1.72 Per Share; Authorizes New $6B Share Repurchase Program
Illinois Tool Works Inc. (NYSE:ITW) today announced that its Board of Directors has approved a seven percent increase in the company’s regular annual cash dividend from $6.44 to $6.88 per share. The increase is
JP Morgan Maintains Overweight on Illinois Tool Works, Raises Price Target to $350