Illinois Tool Works declared a $1.50 per share dividend, payable July 11, 2025, to June 30 shareholders.
Quiver AI Summary
Illinois Tool Works Inc. has declared a dividend of $1.50 per share for the second quarter of 2025, which translates to an annual rate of $6.00 per share. This dividend will be distributed on July 11, 2025, to shareholders who are on record as of June 30, 2025. Illinois Tool Works, a Fortune 300 company with a revenue of $15.9 billion in 2024, operates in multiple industries and is recognized for its efficient business model and strong focus on innovation and customer solutions. The company employs around 44,000 people globally and fosters a decentralized and entrepreneurial work environment.
Potential Positives
- Illinois Tool Works Inc. declared a dividend of $1.50 per share, demonstrating a commitment to returning value to shareholders.
- The annualized dividend of $6.00 per share reflects the company's strong financial performance and stability.
- The announcement of the dividend indicates confidence in the company's ongoing profitability and operational success.
- The scheduled payment on July 11, 2025, ensures that shareholders receive timely returns, enhancing investor trust and satisfaction.
Potential Negatives
- The press release does not provide any information on potential changes in financial performance or business strategy, which could indicate a lack of transparency or an effort to downplay possible challenges.
- The dividend declared does not reflect any growth in dividend payout compared to previous years, which may signal stagnation or concerns about future profitability.
- There is no mention of upcoming initiatives or projects that could enhance shareholder value, potentially indicating a lack of innovation or strategic direction.
FAQ
What is the declared dividend amount for Illinois Tool Works in Q2 2025?
The declared dividend amount for Illinois Tool Works in Q2 2025 is $1.50 per share.
When will the dividend be paid to shareholders?
The dividend will be paid on July 11, 2025, to shareholders of record as of June 30, 2025.
What is the full-year dividend equate for Illinois Tool Works?
The full-year dividend equates to $6.00 per share for Illinois Tool Works.
What are the primary industries served by Illinois Tool Works?
Illinois Tool Works serves seven industry-leading segments with innovative, customer-focused solutions.
How many employees does Illinois Tool Works have globally?
Illinois Tool Works has approximately 44,000 dedicated colleagues around the world.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ITW Congressional Stock Trading
Members of Congress have traded $ITW stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $ITW stock by members of Congress over the last 6 months:
- REPRESENTATIVE CAROL D. MILLER purchased up to $15,000 on 03/10.
- SENATOR SHELLEY MOORE CAPITO sold up to $15,000 on 01/17.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$ITW Insider Trading Activity
$ITW insiders have traded $ITW stock on the open market 12 times in the past 6 months. Of those trades, 1 have been purchases and 11 have been sales.
Here’s a breakdown of recent trading of $ITW stock by insiders over the last 6 months:
- ERNEST SCOTT SANTI has made 0 purchases and 6 sales selling 143,453 shares for an estimated $37,871,583.
- CHRISTOPHER A O'HERLIHY (President & CEO) has made 0 purchases and 2 sales selling 48,453 shares for an estimated $13,293,770.
- MICHAEL M LARSEN (SVP & CFO) has made 0 purchases and 2 sales selling 41,472 shares for an estimated $11,249,470.
- MARY KATHERINE LAWLER (SVP & Chief HR Officer) sold 11,647 shares for an estimated $3,179,048
- DAVID BYRON JR SMITH purchased 635 shares for an estimated $174,752
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ITW Hedge Fund Activity
We have seen 706 institutional investors add shares of $ITW stock to their portfolio, and 795 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS GROUP AG added 742,739 shares (+66.8%) to their portfolio in Q4 2024, for an estimated $188,328,900
- CORIENT PRIVATE WEALTH LLC removed 675,296 shares (-51.6%) from their portfolio in Q4 2024, for an estimated $171,228,053
- HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added 674,000 shares (+inf%) to their portfolio in Q4 2024, for an estimated $170,899,440
- LEGAL & GENERAL GROUP PLC removed 600,808 shares (-22.7%) from their portfolio in Q4 2024, for an estimated $152,340,876
- NORTHERN TRUST CORP added 508,188 shares (+3.9%) to their portfolio in Q4 2024, for an estimated $128,856,149
- MORGAN STANLEY added 455,660 shares (+11.3%) to their portfolio in Q4 2024, for an estimated $115,537,149
- PROFICIO CAPITAL PARTNERS LLC added 437,397 shares (+36632.9%) to their portfolio in Q4 2024, for an estimated $110,906,383
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$ITW Analyst Ratings
Wall Street analysts have issued reports on $ITW in the last several months. We have seen 0 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Wells Fargo issued a "Underweight" rating on 01/07/2025
To track analyst ratings and price targets for $ITW, check out Quiver Quantitative's $ITW forecast page.
$ITW Price Targets
Multiple analysts have issued price targets for $ITW recently. We have seen 2 analysts offer price targets for $ITW in the last 6 months, with a median target of $255.0.
Here are some recent targets:
- Julian Mitchell from Barclays set a target price of $260.0 on 03/10/2025
- Joseph O'Dea from Wells Fargo set a target price of $250.0 on 01/07/2025
Full Release
GLENVIEW, Ill., May 02, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) 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.
About Illinois Tool Works
ITW (NYSE: ITW) is a Fortune 300 global multi-industry manufacturing leader with revenue of $15.9 billion in 2024. The company’s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW’s approximately 44,000 dedicated colleagues around the world thrive in the company’s decentralized and entrepreneurial culture.
www.itw.com
Investor Relations & Media Contact:
Erin Linnihan
Tel: 224.661.7431
[email protected]
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