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Last €73.35 EUR
Change Today -1.83 / -2.44%
Volume 0.0
ILT On Other Exchanges
Symbol
Exchange
Frankfurt
As of 5:59 AM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

illinois tool works (ILT) Snapshot

Open
€73.54
Previous Close
€75.18
Day High
€73.65
Day Low
€72.98
52 Week High
04/15/15 - €94.03
52 Week Low
10/14/14 - €62.14
Market Cap
26.9B
Average Volume 10 Days
712.7
EPS TTM
--
Shares Outstanding
366.1M
EX-Date
09/28/15
P/E TM
--
Dividend
€2.20
Dividend Yield
2.26%
Current Stock Chart for ILLINOIS TOOL WORKS (ILT)

illinois tool works (ILT) Details

Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. It operates through seven segments: Automotive OEM; Test & Measurement and Electronics; Food Equipment; Polymers & Fluids; Welding; Construction Products; and Specialty Products. The Automotive OEM segment produces components and fasteners for automotive-related applications. The Test & Measurement and Electronics segment provides equipment, consumables, and related software for testing and measuring of materials and structures, as well as equipment and consumables used in the production of electronic subassemblies and microelectronics. The Food Equipment segment offers commercial food equipment and related services. The Polymers & Fluids segment produces adhesives, sealants, lubrication and cutting fluids, janitorial and hygiene products, and fluids and polymers for auto aftermarket maintenance and appearance. The Welding segment produces arc welding equipment, consumables, and accessories for various industrial and commercial applications. The Construction Products segment produces construction fastening systems and truss products. The Specialty Products segment provides beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. The company distributes its products directly to industrial manufacturers, as well as through independent distributors. Illinois Tool Works Inc. was founded in 1912 and is headquartered in Glenview, Illinois.

49,000 Employees
Last Reported Date: 08/7/15
Founded in 1912

illinois tool works (ILT) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $1.1M
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $650.0K
Vice Chairman
Total Annual Compensation: $708.6K
Executive Vice President of Specialty Product...
Total Annual Compensation: $512.9K
Vice Chairman
Total Annual Compensation: $473.0K
Compensation as of Fiscal Year 2014.

illinois tool works (ILT) Key Developments

Illinois Tool Works Inc. Elects Christopher O’Herlihy as Vice Chairman

On August 7, 2015, the board of directors of Illinois Tool Works Inc. elected Christopher O’Herlihy, age 51, as a Vice Chairman of the company, to hold office until the May 2016 meeting of the Board of Directors or until his successor is elected. Mr. O’Herlihy joined the company in 1989 and prior to this promotion served as Executive Vice President of the Food Equipment segment since October, 2010. Prior to becoming an executive officer, he also served as a Group President for both the Polymers & Fluids and Food Equipment segments.

Illinois Tool Works Inc. Announces Third Quarter Dividend, Payable on October 6, 2015

Illinois Tool Works announced that its board of directors approved a 13.4% increase in its quarterly dividend. The third quarter dividend is for $0.55 per share, up from the prior quarter's dividend of $0.485 per share. This equates to $2.20 per share on a full-year basis. The new dividend will be paid on Oct. 6, 2015 to shareholders of record as of Sept. 30, 2015.

Illinois Tool Works Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter of 2015; Revises Earnings Guidance for the Full Year of 2015

Illinois Tool Works Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported operating revenues of $3,434 million against $3,719 million a year ago. Operating income was $730 million against $763 million a year ago. Income from continuing operations before income taxes was $696 million against $706 million a year ago. Income from continuing operations was $480 million or $1.30 per diluted share against $494 million or $1.21 per diluted share a year ago. Net income was $480 million or $1.30 per diluted share against $1,492 million or $3.66 per diluted share a year ago. Net cash provided by operating activities was $448 million against $573 million a year ago. Additions to plant and equipment were $64 million against $78 million a year ago. Free cash flow was $384 million against $495 million a year ago. For the six months, the company reported operating revenues of $6,776 million against $7,288 million a year ago. Operating income was $1,427 million against $1,430 million a year ago. Income from continuing operations before income taxes was $1,360 million against $1,318 million a year ago. Income from continuing operations was $938 million or $2.51 per diluted share against $922 million or $2.22 per diluted share a year ago. Net income was $938 million or $2.51 per diluted share against $1,965 million or $4.72 per diluted share a year ago. Net cash provided by operating activities was $890 million against $887 million a year ago. Additions to plant and equipment were $147 million against $146 million a year ago. Free cash flow was $743 million against $741 million a year ago. The company is raising its 2015 full-year EPS guidance by $0.05 at the midpoint to reflect second quarter results and current exchange rates. The updated EPS range is $5.07 to $5.23, an increase of 10% at the $5.15 midpoint.  Excluding the negative currency impact, full-year EPS would be up 18% at the midpoint. Organic revenue growth is expected to be approximately 1%, up 2%, excluding the impact of product line simplification. Operating margin is projected to exceed 21%, an increase of more than 100 basis points year-over-year, largely driven by Enterprise Initiatives.  The company expects this strong margin performance to offset modestly lower revenue expectations through the balance of the year. Total revenue is expected to be down 6% as a result of currency, which creates a 7% headwind at current exchange rates. For the third quarter 2015, the company is expecting EPS to be in a range of $1.32 to $1.40 and operating margin to be approximately 22%.  Third quarter organic revenue is forecast to be flat to up 1%.

 

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Industry Analysis

ILT

Industry Average

Valuation ILT Industry Range
Price/Earnings 17.1x
Price/Sales 2.2x
Price/Book 5.9x
Price/Cash Flow 14.4x
TEV/Sales 1.5x
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