Declared Dividend • May 18
First quarter dividend of US$1.61 announced Shareholders will receive a dividend of US$1.61. Ex-date: 30th June 2026 Payment date: 10th July 2026 Dividend yield will be 2.7%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (68% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 11
Illinois Tool Works Inc. Declares Dividend for the Second Quarter of 2026, Payable on July 10, 2026 The Board of Directors of Illinois Tool Works Inc. declared a dividend on the company's common stock of $1.61 per share for the second quarter of 2026. The dividend equates to $6.44 per share on a full-year basis. The dividend will be paid on July 10, 2026 to shareholders of record as of June 30, 2026. Announcement • May 03
Illinois Tool Works Inc. Raises Earnings Guidance for the Full Year 2026 Illinois Tool Works Inc. raised earnings guidance for the full year 2026. For the year, the company raised GAAP EPS guidance by $0.10 to a range of $11.10 to $11.50 per share, representing 8% growth at the mid-point. Operating margin is projected to reach a range of 26.5% to 27.5%, a year-over-year improvement of approximately 100 basis points, driven by an approximate 100-basis point contribution from enterprise initiatives. Reported Earnings • May 02
First quarter 2026 earnings released: EPS: US$2.66 (vs US$2.38 in 1Q 2025) First quarter 2026 results: EPS: US$2.66 (up from US$2.38 in 1Q 2025). Revenue: US$4.02b (up 4.6% from 1Q 2025). Net income: US$768.0m (up 9.7% from 1Q 2025). Profit margin: 19% (in line with 1Q 2025). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 2% per year. Announcement • Apr 12
Illinois Tool Works Inc. to Report Q1, 2026 Results on Apr 30, 2026 Illinois Tool Works Inc. announced that they will report Q1, 2026 results at 7:00 AM, Central Daylight on Apr 30, 2026 Announcement • Mar 30
Illinois Tool Works Inc., Annual General Meeting, May 08, 2026 Illinois Tool Works Inc., Annual General Meeting, May 08, 2026. Upcoming Dividend • Mar 24
Upcoming dividend of US$1.61 per share Eligible shareholders must have bought the stock before 31 March 2026. Payment date: 09 April 2026. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.0%). Announcement • Mar 18
Ramset Launches Cobra+ IFS Insulation Fastening System in U.S. Market Ramset has launched the Cobra+ IFS Insulation Fastening System in the U.S. Built on the proven Cobra+ platform, the system is designed to simplify and speed insulation installation to concrete. The Cobra+ IFS delivers consistent fastening performance, high power and improved ergonomics for fastening rigid insulation boards. The Cobra+ platform is engineered for durability and reliable penetration into concrete and steel while reducing noise and improving user comfort. With the IFS configuration, contractors can fasten insulation in a single step, eliminating adhesive cure times, reducing installation steps and removing the need for bracing. A standard Cobra+ tool can be converted to an insulation fastening system in less than three minutes using the IFS Conversion Kit (PN 16900), which includes a dedicated piston, barrel and buffer. The system is compatible with common rigid and semi-rigid insulation materials, including extruded and expanded polystyrene, stone wool and polyurethane foam. The Cobra+ IFS system delivers one-step fastening with the proven power of Cobra+, along with improved ergonomics and reduced noise to help crews work efficiently and comfortably. The Cobra+ IFS allows installers to fasten insulation and continue working immediately, without bracing. Pins are driven directly through insulation into concrete using .27-caliber green loads, eliminating drilling and anchoring steps. Professional-grade power and ergonomics help drive pins flush for secure attachment and reliable thermal performance. Integrated thermal cap improves thermal efficiency and finished appearance while reducing heat loss, without the need for additional tape over the fastener head. Patented Insulation Fastening Pin features include a pointed tip for clean penetration through foam board and accurate placement, curved design to minimize board compression and help maintain R-value, shaped shaft and flanges to reduce insertion force and provide long-term holding strength, and spiral steel pin for strong penetration and grip, even in hard concrete. The Cobra+ IFS Conversion Kit and insulation fastening pins are sold separately. Pins are available in 1-inch, 1.5-inch and 2-inch lengths, packaged in boxes of 50, and are designed for use only with .27-caliber green loads. Contractors can find the Cobra+ IFS Insulation Fastening System exclusively online & in-store at The Home Depot. Declared Dividend • Feb 23
Fourth quarter dividend of US$1.61 announced Shareholders will receive a dividend of US$1.61. Ex-date: 31st March 2026 Payment date: 9th April 2026 Dividend yield will be 2.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Feb 13
Illinois Tool Works Inc. Declares Dividend for the First Quarter of 2026, Payable on April 9, 2026 Illinois Tool Works Inc. declared a dividend on the company's common stock of $1.61 per share for the first quarter of 2026. The dividend equates to $6.44 per share on a full-year basis. The dividend will be paid on April 9, 2026 to shareholders of record as of March 31, 2026. Reported Earnings • Feb 04
Full year 2025 earnings released: EPS: US$10.52 (vs US$11.75 in FY 2024) Full year 2025 results: EPS: US$10.52 (down from US$11.75 in FY 2024). Revenue: US$16.0b (flat on FY 2024). Net income: US$3.07b (down 12% from FY 2024). Profit margin: 19% (down from 22% in FY 2024). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year. Announcement • Feb 03
Illinois Tool Works Inc. Provides Earnings Guidance for the Year 2026 Illinois Tool Works Inc. provided earnings guidance for the year 2026. For the year, the company expected revenue growth of 2 to 4%, organic growth of 1 to 3% and GAAP EPS of $11.00 to $11.40, an increase of 7% at the mid-point. Announcement • Jan 14
Illinois Tool Works Inc. to Report Q4, 2025 Results on Feb 03, 2026 Illinois Tool Works Inc. announced that they will report Q4, 2025 results at 7:00 AM, Central Standard Time on Feb 03, 2026 Upcoming Dividend • Dec 25
Upcoming dividend of US$1.61 per share Eligible shareholders must have bought the stock before 31 December 2025. Payment date: 09 January 2026. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (3.3%). Recent Insider Transactions • Dec 14
Independent Director recently bought €1.4m worth of stock On the 10th of December, David H. Smith bought around 7k shares on-market at roughly €215 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €1.3m more in shares than they have sold in the last 12 months. Declared Dividend • Nov 03
Third quarter dividend of US$1.61 announced Shareholders will receive a dividend of US$1.61. Ex-date: 31st December 2025 Payment date: 9th January 2026 Dividend yield will be 2.7%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Oct 29
Illinois Tool Works Inc. Declares Dividend for the Fourth Quarter of 2025, Payable on January 9, 2026 The Board of Directors of Illinois Tool Works Inc. declared a dividend on the company's common stock of $1.61 per share for the fourth quarter of 2025. The dividend equates to $6.44 per share on a full-year basis. The dividend will be paid on January 9, 2026 to shareholders of record as of December 31, 2025. Reported Earnings • Oct 26
Third quarter 2025 earnings released: EPS: US$2.82 (vs US$3.92 in 3Q 2024) Third quarter 2025 results: EPS: US$2.82 (down from US$3.92 in 3Q 2024). Revenue: US$4.06b (up 2.3% from 3Q 2024). Net income: US$821.0m (down 29% from 3Q 2024). Profit margin: 20% (down from 29% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Oct 24
Illinois Tool Works Inc. Narrows Earnings Guidance for the Full Year 2025 Illinois Tool Works Inc. narrowed earnings guidance for the full year 2025. For the full year, the company now expects GAAP EPS guidance range of $10.40 to $10.50. The company is projecting overall revenue growth of one to three percent, which incorporates organic growth of flat to two percent. This outlook accounts for the current demand environment, adjusted for ongoing pricing and supply chain actions intended to effectively offset tariff cost impacts and for current foreign exchange rates. Announcement • Oct 10
Illinois Tool Works Inc. to Report Q3, 2025 Results on Oct 24, 2025 Illinois Tool Works Inc. announced that they will report Q3, 2025 results at 7:00 AM, Central Daylight on Oct 24, 2025 Upcoming Dividend • Sep 23
Upcoming dividend of US$1.61 per share Eligible shareholders must have bought the stock before 30 September 2025. Payment date: 10 October 2025. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.3%). Declared Dividend • Aug 11
Second quarter dividend of US$1.61 announced Shareholders will receive a dividend of US$1.61. Ex-date: 30th September 2025 Payment date: 10th October 2025 Dividend yield will be 2.6%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Aug 01
Illinois Tool Works Inc. Declares Dividend for the Third Quarter of 2025, Payable on October 10, 2025 The Board of Directors of Illinois Tool Works Inc. authorized a 7% increase to the dividend payout to shareholders, representing a quarterly increase of $0.11 per share – or $0.44 per share annually – versus the current dividend rate. The Board also declared a dividend on the company's common stock of $1.61 per share for the third quarter of 2025. The dividend equates to $6.44 per share on a full-year basis. The dividend will be paid on October 10, 2025 to shareholders of record as of September 30, 2025. Reported Earnings • Aug 01
Second quarter 2025 earnings released: EPS: US$2.58 (vs US$2.55 in 2Q 2024) Second quarter 2025 results: EPS: US$2.58. Revenue: US$4.05b (flat on 2Q 2024). Net income: US$755.0m (flat on 2Q 2024). Profit margin: 19% (in line with 2Q 2024). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Machinery industry in Germany. Announcement • Jul 30
Illinois Tool Works Inc. Announces Earnings Guidance for the Full Year 2025 Illinois Tool Works Inc. announced earnings guidance for the full year 2025. For the full year, the company now expects GAAP EPS guidance range of $10.15 to $10.55 per share by $0.10 or 1% at the midpoint to a narrower range of $10.35 to $10.55 per share. The company is projecting revenue growth of 1%-3% and organic growth of flat to 2% based on current levels of demand adjusted for on-going pricing actions that are projected to offset tariff cost impacts and current foreign exchange rates. Announcement • Jul 12
Illinois Tool Works Inc. to Report Q2, 2025 Results on Jul 30, 2025 Illinois Tool Works Inc. announced that they will report Q2, 2025 results at 7:00 AM, Central Standard Time on Jul 30, 2025 Upcoming Dividend • Jun 23
Upcoming dividend of US$1.50 per share Eligible shareholders must have bought the stock before 30 June 2025. Payment date: 11 July 2025. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (3.4%). Declared Dividend • May 12
First quarter dividend of US$1.50 announced Shareholders will receive a dividend of US$1.50. Ex-date: 30th June 2025 Payment date: 11th July 2025 Dividend yield will be 2.5%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 02
Illinois Tool Works Inc. Declares Dividend for the Second Quarter of 2025, Payable on July 11, 2025 The Board of Directors of Illinois Tool Works Inc. declared a dividend on the company's common stock of $1.50 per share for the second quarter of 2025. The dividend equates to $6.00 per share on a full-year basis. The dividend will be paid on July 11, 2025 to shareholders of record as of June 30, 2025. Reported Earnings • May 02
First quarter 2025 earnings released: EPS: US$2.38 (vs US$2.74 in 1Q 2024) First quarter 2025 results: EPS: US$2.38 (down from US$2.74 in 1Q 2024). Revenue: US$3.84b (down 3.4% from 1Q 2024). Net income: US$700.0m (down 14% from 1Q 2024). Profit margin: 18% (down from 21% in 1Q 2024). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Apr 30
Illinois Tool Works Inc. Maintains Earnings Guidance for the Year 2025 Illinois Tool Works Inc. maintained earnings guidance for the year 2025. The company is maintaining its full year 2025 GAAP EPS guidance range of $10.15 to $10.55 per share which includes on-going pricing actions that are projected to offset tariff cost impacts. The company is projecting revenue and organic growth of 0 to 2% based on current levels of demand adjusted for incremental pricing associated with tariffs and current foreign exchange rates. Announcement • Apr 16
Illinois Tool Works Inc. to Report Q1, 2025 Results on Apr 30, 2025 Illinois Tool Works Inc. announced that they will report Q1, 2025 results at 7:00 AM, Central Daylight on Apr 30, 2025 Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €197, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Machinery industry in Germany. Total returns to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €253 per share. Buy Or Sell Opportunity • Apr 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to €200. The fair value is estimated to be €253, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 10%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings are also forecast to grow by 2.0% per annum over the same time period. Announcement • Mar 24
Illinois Tool Works Inc., Annual General Meeting, May 02, 2025 Illinois Tool Works Inc., Annual General Meeting, May 02, 2025. Upcoming Dividend • Mar 24
Upcoming dividend of US$1.50 per share Eligible shareholders must have bought the stock before 31 March 2025. Payment date: 10 April 2025. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (3.2%). Declared Dividend • Feb 24
Fourth quarter dividend of US$1.50 announced Shareholders will receive a dividend of US$1.50. Ex-date: 31st March 2025 Payment date: 10th April 2025 Dividend yield will be 2.2%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (49% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 9.8% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Feb 14
Illinois Tool Works Inc. Declares Dividend for the First Quarter of 2025, Payable on April 10, 2025 The Board of Directors of Illinois Tool Works Inc. declared a dividend on the company's common stock of $1.50 per share for the first quarter of 2025. The dividend equates to $6.00 per share on a full-year basis. The dividend will be paid on April 10, 2025 to shareholders of record as of March 31, 2025. Reported Earnings • Feb 06
Full year 2024 earnings released: EPS: US$11.75 (vs US$9.77 in FY 2023) Full year 2024 results: EPS: US$11.75 (up from US$9.77 in FY 2023). Revenue: US$15.9b (down 1.3% from FY 2023). Net income: US$3.49b (up 18% from FY 2023). Profit margin: 22% (up from 18% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 8% per year. Announcement • Feb 05
Illinois Tool Works Inc. Provides Earnings Guidance for the Year 2025 Illinois Tool Works Inc. provided earnings guidance for the year 2025. The company is initiating 2025 guidance including GAAP EPS in the range of $10.15 to $10.55 per share which includes a foreign currency translation headwind of $0.30. The company projects above-market organic growth of 0% to 2% based on current levels of demand, including an expected PLS reduction of approximately 1% point. Organic revenue growth is projected to be 1% to 3% adjusted for the above-mentioned PLS. Based on current foreign exchange rates, foreign currency translation is expected to reduce revenue by 3%, resulting in a projected total revenue decline of 1% to 3%. Announcement • Jan 13
Illinois Tool Works Inc. to Report Q4, 2024 Results on Feb 05, 2025 Illinois Tool Works Inc. announced that they will report Q4, 2024 results at 7:00 AM, Central Standard Time on Feb 05, 2025 Upcoming Dividend • Dec 24
Upcoming dividend of US$1.50 per share Eligible shareholders must have bought the stock before 31 December 2024. Payment date: 10 January 2025. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.6%). Announcement • Nov 02
Illinois Tool Works Inc. Revises Earnings Guidance for the Year 2024 Illinois Tool Works Inc. revised earnings guidance for the year 2024. The company is incorporating the impact of the divestiture gain and a lower projected effective tax rate for the full year of approximately 21.5% into its 2024 guidance and raising GAAP EPS by $1.33 from the previous range of $10.30 to $10.40 to a new range of $11.63 to $11.73 per share. Based on current levels of demand and foreign currency exchange rates, the company is maintaining its previous guidance for revenue and organic growth to be approximately flat for 2024. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$3.92 (vs US$2.56 in 3Q 2023) Third quarter 2024 results: EPS: US$3.92 (up from US$2.56 in 3Q 2023). Revenue: US$3.97b (down 1.6% from 3Q 2023). Net income: US$1.16b (up 50% from 3Q 2023). Profit margin: 29% (up from 19% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 5% per year. Declared Dividend • Oct 28
Second quarter dividend of US$1.50 announced Shareholders will receive a dividend of US$1.50. Ex-date: 31st December 2024 Payment date: 10th January 2025 Dividend yield will be 2.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (63% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Oct 25
Illinois Tool Works Inc. Declares Dividend for the Fourth Quarter of 2024, Payable on January 10, 2025 The Board of Directors of Illinois Tool Works Inc. declared a dividend on the company's common stock of $1.50 per share for the fourth quarter of 2024. The dividend equates to $6.00 per share on a full-year basis. The dividend will be paid on January 10, 2025 to shareholders of record as of December 31, 2024. Announcement • Oct 04
Illinois Tool Works Inc. to Report Q3, 2024 Results on Oct 30, 2024 Illinois Tool Works Inc. announced that they will report Q3, 2024 results at 7:00 AM, Central Daylight on Oct 30, 2024 Upcoming Dividend • Sep 23
Upcoming dividend of US$1.50 per share Eligible shareholders must have bought the stock before 30 September 2024. Payment date: 11 October 2024. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.6%). Declared Dividend • Aug 12
Second quarter dividend of US$1.50 announced Shareholders will receive a dividend of US$1.50. Ex-date: 30th September 2024 Payment date: 11th October 2024 Dividend yield will be 2.5%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Aug 01
Illinois Tool Works Inc. Narrows Earnings Guidance for the Year 2024 Illinois Tool Works Inc. narrowed earnings guidance for the year 2024. The company is lowering the top-end of its full-year GAAP EPS guidance range of $10.30 to $10.70 per share to a narrower range of $10.30 to $10.40 per share, an increase of 6% compared to the prior year at the midpoint. Based on current levels of demand and foreign currency exchange rates exiting the second quarter, the company is projecting revenue growth and organic growth to be approximately flat for 2024. Reported Earnings • Jul 31
Second quarter 2024 earnings released: EPS: US$2.55 (vs US$2.49 in 2Q 2023) Second quarter 2024 results: EPS: US$2.55 (up from US$2.49 in 2Q 2023). Revenue: US$4.03b (down 1.2% from 2Q 2023). Net income: US$759.0m (flat on 2Q 2023). Profit margin: 19% (in line with 2Q 2023). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 6% per year. Announcement • Jul 13
Illinois Tool Works Inc. to Report Q2, 2024 Results on Jul 30, 2024 Illinois Tool Works Inc. announced that they will report Q2, 2024 results at 7:00 AM, Central Daylight on Jul 30, 2024 Buy Or Sell Opportunity • May 23
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.8% to €224. The fair value is estimated to be €281, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has grown by 10%. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings are also forecast to grow by 4.9% per annum over the same time period. Declared Dividend • May 13
First quarter dividend of US$1.40 announced Shareholders will receive a dividend of US$1.40. Ex-date: 28th June 2024 Payment date: 11th July 2024 Dividend yield will be 2.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • May 03
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.5% to €225. The fair value is estimated to be €281, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has grown by 10%. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings are also forecast to grow by 4.9% per annum over the same time period. Announcement • May 03
Illinois Tool Works Inc. Raises Earnings Guidance for the Year 2024 Illinois Tool Works Inc. announced that the company is reaffirming full-year organic growth guidance of 1% to 3% and raising full-year GAAP EPS guidance by $0.30 to a range of $10.30 to $10.70 per share. Reported Earnings • May 01
First quarter 2024 earnings released: EPS: US$2.74 (vs US$2.34 in 1Q 2023) First quarter 2024 results: EPS: US$2.74 (up from US$2.34 in 1Q 2023). Revenue: US$3.97b (down 1.1% from 1Q 2023). Net income: US$819.0m (up 15% from 1Q 2023). Profit margin: 21% (up from 18% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 5% per year. Announcement • Apr 12
Illinois Tool Works Inc. to Report Q1, 2024 Results on Apr 30, 2024 Illinois Tool Works Inc. announced that they will report Q1, 2024 results at 7:00 AM, Central Daylight on Apr 30, 2024 Announcement • Mar 23
Illinois Tool Works Inc., Annual General Meeting, May 03, 2024 Illinois Tool Works Inc., Annual General Meeting, May 03, 2024, at 08:30 Central Standard Time. Agenda: To consider Election of Directors Nominees; to consider advisory vote to approve compensation of ITW's named executive officers; to consider approval of the Illinois Tool Works Inc. 2024 Long-Term Incentive Plan; to consider ratification of the appointment of Deloitte & Touche LLP as ITW's independent registered public accounting firm for 2024; and to consider a non-binding stockholder proposal, if properly presented at the meeting, for stockholder ratification of termination pay. Upcoming Dividend • Mar 20
Upcoming dividend of US$1.40 per share Eligible shareholders must have bought the stock before 27 March 2024. Payment date: 11 April 2024. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (3.2%). Declared Dividend • Feb 19
Fourth quarter dividend of US$1.40 announced Shareholders will receive a dividend of US$1.40. Ex-date: 27th March 2024 Payment date: 11th April 2024 Dividend yield will be 2.2%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Feb 10
Illinois Tool Works Inc. Declares Quarterly Dividend, Payable on April 11, 2024 Illinois Tool Works Inc. declared a dividend on the company's common stock of $1.40 per share for the first quarter of 2024. The dividend equates to $5.60 per share on a full-year basis. The dividend will be paid on April 11, 2024 to shareholders of record as of March 29, 2024. Reported Earnings • Feb 02
Full year 2023 earnings released: EPS: US$9.77 (vs US$9.80 in FY 2022) Full year 2023 results: EPS: US$9.77 (down from US$9.80 in FY 2022). Revenue: US$16.1b (up 1.1% from FY 2022). Net income: US$2.96b (down 2.5% from FY 2022). Profit margin: 18% (in line with FY 2022). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year and the company’s share price has also increased by 12% per year. Announcement • Jan 19
Illinois Tool Works Inc. to Report Q4, 2023 Results on Feb 01, 2024 Illinois Tool Works Inc. announced that they will report Q4, 2023 results at 7:00 AM, Central Standard Time on Feb 01, 2024 Upcoming Dividend • Dec 21
Upcoming dividend of US$1.40 per share at 2.2% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 11 January 2024. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (2.7%). Announcement • Dec 12
Illinois Tool Works Inc. Appoints Jaime Irick as A Director and to the Audit Committee, Effective February 1, 2024 On December 8, 2023, the Board of Directors of Illinois Tool Works Inc. elected Jaime Irick as a director, effective February 1, 2024, to serve until the May 2024 Annual Meeting and determined him to be independent. Mr. Irick, age 49, has served as Senior Vice President, Architectural Coatings, U.S. and Canada and Global Traffic Solutions Business for PPG Industries Inc. since May 2022 and served as Vice President, Architectural Coatings, U.S. and Canada from May 2019 to May 2022. Prior to joining PPG Industries, Mr. Irick served as President of the Life Fitness Division of Brunswick Corp. and had 13 years of service at General Electric Company, serving in various roles with increasing levels of responsibility and operating as a GE Company Officer. Mr. Irick is a U.S. Army veteran having served five years as a Field Artillery Officer prior to his business career. Mr. Irick has been appointed to the Audit Committee of the Company, effective February 1, 2024. Announcement • Oct 27
Illinois Tool Works Inc Declares Quarterly Dividend for the Fourth Quarter of 2023, Payable on January 11, 2024 The Board of Directors of Illinois Tool Works Inc. declared a dividend on the company's common stock of $1.40 per share for the fourth quarter of 2023. The dividend equates to $5.60 per share on a full-year basis. The dividend will be paid on January 11, 2024 to shareholders of record as of December 29, 2023. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: US$2.56 (vs US$2.35 in 3Q 2022) Third quarter 2023 results: EPS: US$2.56 (up from US$2.35 in 3Q 2022). Revenue: US$4.03b (flat on 3Q 2022). Net income: US$772.0m (up 6.2% from 3Q 2022). Profit margin: 19% (up from 18% in 3Q 2022). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in Germany. Announcement • Oct 25
Illinois Tool Works Inc. Provides Earnings Guidance for the Year 2023 Illinois Tool Works Inc. provided earnings guidance for the year 2023. For the year, the company narrowing the range of its full year GAAP EPS guidance from $9.55 to $9.95 per share to a range of $9.65 to $9.85 per share, which includes a $0.12 per share adjustment for the estimated fourth quarter impact of ongoing automotive industry labor actions. The company is projecting total revenue growth of one to two percent with organic growth of two to 3 % based on current levels of demand exiting the third quarter, and the estimated fourth quarter impact of ongoing automotive industry labor actions. Announcement • Oct 05
Illinois Tool Works Inc. to Report Q3, 2023 Results on Oct 24, 2023 Illinois Tool Works Inc. announced that they will report Q3, 2023 results at 7:00 AM, Central Daylight on Oct 24, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of US$1.40 per share at 2.4% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 12 October 2023. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.8%). Announcement • Aug 03
Illinois Tool Works Inc. Revises Earnings Guidance for the Year 2023 Illinois Tool Works Inc. revised earnings guidance for the year 2023. The company is raising its full-year GAAP EPS guidance by $0.10 to $9.55 to $9.95 per share. The company is projecting organic growth of 3% to 5% based on first half 2023 performance and current levels of demand. Divestitures are expected to reduce revenue by 1% resulting in total revenue growth of 2% to 4%. Reported Earnings • Aug 02
Second quarter 2023 earnings released: EPS: US$2.49 (vs US$2.38 in 2Q 2022) Second quarter 2023 results: EPS: US$2.49 (up from US$2.38 in 2Q 2022). Revenue: US$4.07b (up 1.6% from 2Q 2022). Net income: US$754.0m (up 2.2% from 2Q 2022). Profit margin: 19% (in line with 2Q 2022). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Machinery industry in Germany. Announcement • Jul 07
Illinois Tool Works Inc. to Report Q2, 2023 Results on Aug 01, 2023 Illinois Tool Works Inc. announced that they will report Q2, 2023 results at 7:00 AM, Central Daylight on Aug 01, 2023 Upcoming Dividend • Jun 22
Upcoming dividend of US$1.31 per share at 2.1% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 13 July 2023. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.8%). Announcement • May 06
Illinois Tool Works Inc. Declares Dividend on the Company's Common Stock for the Second Quarter of 2023, Will Be Paid on July 13, 2023 Illinois Tool Works Inc. declared a dividend on the company's common stock of $1.31 per share for the second quarter of 2023. The dividend equates to $5.24 per share on a full-year basis. The dividend will be paid on July 13, 2023 to shareholders of record as of June 30, 2023. Reported Earnings • May 03
First quarter 2023 earnings released: EPS: US$2.34 (vs US$2.12 in 1Q 2022) First quarter 2023 results: EPS: US$2.34 (up from US$2.12 in 1Q 2022). Revenue: US$4.02b (up 2.0% from 1Q 2022). Net income: US$714.0m (up 7.9% from 1Q 2022). Profit margin: 18% (in line with 1Q 2022). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Upcoming Dividend • Mar 23
Upcoming dividend of US$1.31 per share at 2.3% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 13 April 2023. Payout ratio is a comfortable 52% and the cash payout ratio is 80%. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.9%). Announcement • Feb 17
Anré D. Williams Announces Not Stand for Re-Election to the Board of Illinois Tool Works Inc On February 10, 2023, Mr. Anré D. Williams, one of the members of the board of directors (the “Board”) of Illinois Tool Works Inc. (the “Company”), notified the Company that he will not stand for reelection at the Company’s 2023 annual meeting of stockholders due to other professional commitments. Mr. Williams will continue to serve as a director until the 2023 annual meeting, and his decision is not the result of any disagreement with the Company or any matter relating to the Company’s operations, policies or practices. Announcement • Feb 11
Illinois Tool Works Inc. Declares Quarterly Dividend for the First Quarter of 2023, Payable on April 13, 2023 The Board of Directors of Illinois Tool Works Inc. declared a dividend on the company's common stock of $1.31 per share for the first quarter of 2023. The dividend equates to $5.24 per share on a full-year basis. The dividend will be paid on April 13, 2023 to shareholders of record as of March 31, 2023. Reported Earnings • Feb 04
Full year 2022 earnings released: EPS: US$9.80 (vs US$8.55 in FY 2021) Full year 2022 results: EPS: US$9.80 (up from US$8.55 in FY 2021). Revenue: US$15.9b (up 10% from FY 2021). Net income: US$3.03b (up 13% from FY 2021). Profit margin: 19% (in line with FY 2021). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Announcement • Feb 03
Illinois Tool Works Inc. Provides Earnings Guidance for the Fiscal Year 2023 Illinois Tool Works Inc. provided earnings guidance for the fiscal year 2023. for the year, the company expects GAAP EPS of $9.40 to $9.80. Announcement • Jan 12
Illinois Tool Works Inc. to Report Q4, 2022 Results on Feb 02, 2023 Illinois Tool Works Inc. announced that they will report Q4, 2022 results at 7:00 AM, Central Standard Time on Feb 02, 2023 Upcoming Dividend • Dec 22
Upcoming dividend of US$1.31 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 12 January 2023. Payout ratio is a comfortable 57% and the cash payout ratio is 77%. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (2.8%). Recent Insider Transactions • Dec 13
Independent Director recently bought €293k worth of stock On the 9th of December, David H. Smith bought around 1k shares on-market at roughly €210 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €98k more in shares than they have sold in the last 12 months. Reported Earnings • Oct 26
Third quarter 2022 earnings released: EPS: US$2.35 (vs US$2.03 in 3Q 2021) Third quarter 2022 results: EPS: US$2.35 (up from US$2.03 in 3Q 2021). Revenue: US$4.01b (up 13% from 3Q 2021). Net income: US$727.0m (up 14% from 3Q 2021). Profit margin: 18% (in line with 3Q 2021). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Germany. Upcoming Dividend • Sep 22
Upcoming dividend of US$1.31 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 14 October 2022. Payout ratio is a comfortable 58% and the cash payout ratio is 79%. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (3.2%). Reported Earnings • Aug 03
Second quarter 2022 earnings released: EPS: US$2.38 (vs US$2.46 in 2Q 2021) Second quarter 2022 results: EPS: US$2.38 (down from US$2.46 in 2Q 2021). Revenue: US$4.01b (up 9.1% from 2Q 2021). Net income: US$738.0m (down 4.8% from 2Q 2021). Profit margin: 18% (down from 21% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 5.5%, compared to a 9.6% growth forecast for the industry in Germany. Upcoming Dividend • Jun 22
Upcoming dividend of US$1.22 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 14 July 2022. Payout ratio is a comfortable 56% and the cash payout ratio is 75%. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.4%). In line with average of industry peers (2.7%). Recent Insider Transactions • May 14
Insider recently sold €195k worth of stock On the 11th of May, Lei Schlitz sold around 1k shares on-market at roughly €195 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €1.8m more than they sold in the last 12 months. Reported Earnings • May 03
First quarter 2022 earnings released: EPS: US$2.12 (vs US$2.12 in 1Q 2021) First quarter 2022 results: EPS: US$2.12 (down from US$2.12 in 1Q 2021). Revenue: US$3.94b (up 11% from 1Q 2021). Net income: US$662.0m (down 1.3% from 1Q 2021). Profit margin: 17% (down from 19% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 7.2%, compared to a 9.7% growth forecast for the industry in Germany. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 7 highly experienced directors. Independent Director Darrell Ford was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • Apr 23
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 10%. The fair value is estimated to be €237, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 2.7%. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings is also forecast to grow by 6.2% per annum over the same time period. Upcoming Dividend • Mar 23
Upcoming dividend of US$1.22 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 14 April 2022. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (1.9%). Buying Opportunity • Mar 08
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be US$236, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 2.7% per annum over the last 3 years. Reported Earnings • Feb 04
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$8.55 (up from US$6.66 in FY 2020). Revenue: US$14.5b (up 15% from FY 2020). Net income: US$2.69b (up 28% from FY 2020). Profit margin: 19% (up from 17% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 6.9%, compared to a 10.0% growth forecast for the industry in Germany. 
