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$ITW

6 stories mentioning ITWUpdated 15d ago

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Wire

Illinois Tool Works Unit Expands Copilot Family With Two New Products

Illinois Tool Works' (ITW) wholly-owned subsidiary, Miller Electric Manufacturing, said Wednesday it expanded its Copilot family with two new product variations, Copilot Builder with FANUC CRX-30 and Copilot with XR-AlumaPro CB torch.The additions build on the Copilot platform's aim of making robotic welding easier to adopt, more flexible to configure and capable of scaling with evolving production needs.Copilot Builder with FANUC CRX-30 is designed for customers handling larger weldments, particularly those already using FANUC robotics and seeking standardization across operations. The Copilot with XR-AlumaPro CB torch is designed for aluminum welding applications and features a push-pull torch system intended to improve wire feeding consistency.Price: $252.30, Change: $-4.25, Percent Change: -1.66%

$ITW
Wire

Illinois Tool Works Keeps Quarterly Dividend at $1.61 a Share, Payable July 10 to Holders of Record as of June 30

Illinois Tool Works Keeps Quarterly Dividend at $1.61 a Share, Payable July 10 to Holders of Record as of June 30

$ITW
Research

Research Alert: CFRA Maintains Sell Rating On Shares Of Illinois Tool Works Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We trim our 12-month target to $235 from $250, valuing shares at 19.5x our 2027 EPS outlook of $12.04 (adjusted from $12.03; 2026 EPS view revised to $11.26 from $11.25), a discount to ITW's long-term multiple average given a slowing rate of growth. Anemic growth and softness in several of ITW's segments were reflected in Q1 results. Organic sales grew just 0.4%, with a 1% headwind from product pruning activity and declines in four out of seven segments: Food Equipment -3%, Automotive OEM -1%, Construction Products -1%, and Specialty Products -5%. More positively, enterprise initiatives continue to drive margin gains, with pricing fending off inflationary pressures well. While management noted outperformance across challenged markets in Q1, we still view ITW as lagging behind other industrial peers that have a more concentrated exposure to secular growth opportunities. We reiterate our Sell recommendation on shares.

$ITW
Wire

Citigroup Adjusts Illinois Tool Works Price Target to $287 From $284

Illinois Tool Works (ITW) has an average rating of Hold and mean price target of $279.53, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $253.98, Change: $-4.03, Percent Change: -1.56%

$ITW
Wire

Goldman Sachs Adjusts Illinois Tool Works Price Target to $254 From $253

Illinois Tool Works (ITW) has an average rating of Hold and mean price target of $279.53, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $253.98, Change: $-4.03, Percent Change: -1.56%

$ITW
Research

Research Alert: Illinois Tool Works: Margins Remain In Uptrend; Q1 Earnings Beat

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:ITW posted Q4 EPS of $2.66, exceeding consensus, driven by margin expansion rather than top-line momentum. Revenue reached $4.02B, up 4.6% with organic growth remaining tepid at just 0.4%, as FX provided a 3.9% lift. Operating margin expanded 60 bps to 25.4%, with enterprise initiatives contributing 120 bps to improvement, continuing the trend of operational efficiency gains coupled with sluggish organic growth. ITW raised full-year 2026 EPS guidance by $0.10 to $11.10-$11.50, representing 8% growth at the mid-point. Performance across ITW's diversified portfolio was mixed, with Welding delivering 6% organic growth and Test & Measurement posting 4.6% growth, while Specialty Products declined 4.7% and Food Equipment fell 2.8%. We view the persistent weakness in organic sales as concerning, despite encouraging margin trajectory and guidance lift, as ITW struggles to achieve broad-based growth across its wide-ranging portfolio.

$ITW

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