NYSE:ITWMachinery
Illinois Tool Works (ITW): Valuation Check After Insider Buying, Record Margins and Brighter Earnings Outlook
Illinois Tool Works (ITW) just caught investor attention after Director David Byron Smith bought 6,709 shares, right as the company posted record operating margins and strong cash generation. That combination makes the recent sentiment shift worth unpacking.
See our latest analysis for Illinois Tool Works.
That insider buying comes as Illinois Tool Works’ share price has quietly firmed up, with a 1 month share price return of 5.76 percent and a modestly positive year to date share price gain...