Illinois Tool Works Inc (ITW) Upgraded to Neutral by B of A
B of A Securities upgrades Illinois Tool Works Inc (ITW) to Neutral from Underperform, reflecting improved sentiment on its prospects.
Illinois Tool Works, Inc. engages in the manufacture of industrial products and equipment. The company is headquartered in Glenview, Illinois and currently employs 44,000 full-time employees. The firm's segments include Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products, and Specialty Products. The Automotive OEM segment produces components and fasteners for automotive-related applications. The Food Equipment segment produces warewashing equipment, cooking equipment, refrigeration equipment, food processing equipment, ventilation and pollution control systems, and others. Its Welding segment produces arc welding equipment and metal arc welding consumables and related accessories. The Construction segment is a supplier of engineered fastening systems and solutions. The Specialty Products segment includes conveyor systems and line automation for the food and beverage industries; plastic consumables such as multipack cans and bottles and related equipment; components for medical devices, and others.
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Last Updated: Dec 11, 2025, 11:06 PM · Source: Finnhub.io
B of A Securities upgrades Illinois Tool Works Inc (ITW) to Neutral from Underperform, reflecting improved sentiment on its prospects.
Illinois Tool Works Inc (ITW) reported Q3 2025 EPS of $2.81, beating expectations.
Illinois Tool Works Inc (ITW) has declared a quarterly dividend of $1.61 per share.