Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Illinois Tool Works Inc.    ITW

Delayed Quote. Delayed  - 07/29 10:04:40 pm
115.4 USD   +0.03%
07/26 Glenmede Trust Company Na Decreased Stake in Illinois Tool Works ..
07/21 ILLINOIS TOOL W : Reports Record Second Quarter 2016 Financial Resul..
07/20DJILLINOIS TOOL W : Raises 2016 Profit Outlook After Earnings Beat
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Illinois Tool Works Inc. : Illinois Tool Industrial-Packaging Unit in Play

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/19/2013 | 04:16pm CEST

Illinois Tool Works Inc. (ITW) said it is reviewing strategic options for its industrial-packaging segment--including a potential sale or spinoff of the business--as part of the industrial conglomerate's restructuring efforts.

The business makes and designs steel, plastic and paper products used for bundling, shipping and protecting transported goods, with brands including Signode, Strapex, Angleboard and Mima. The segment reported 2012 revenue of about $2.4 billion.

The review is expected to last through 2013.

ITW operates several hundred businesses in industrial sectors that include automotive components, welding equipment, testing and measurement devices, industrial packaging and commercial kitchen appliances.

The company last year said it plans to consolidate hundreds of smaller business units into larger-scale businesses that the company expects will be more competitive in global markets and produce higher profits. The consolidation is expected to eliminate hundreds of managers and reduce expenses for materials and services, while also helping the company focus on its faster-growing businesses.

ITW last month said its fourth-quarter earnings surged on a gain related to the sale of its laminates unit.

Shares rose 2.1% premarket to $64.60. As of Friday's close, the stock was up 6.2% over the past three months.

Write to Ben Fox Rubin at ben.rubin@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ILLINOIS TOOL WORKS INC.
07/26 Glenmede Trust Company Na Decreased Stake in Illinois Tool Works by $29.03 M..
07/21 ILLINOIS TOOL WORKS : "Wire Electrode Cleaning in Ionizing Blowers" in Patent Ap..
07/21 ILLINOIS TOOL WORKS : Reports Record Second Quarter 2016 Financial Results
07/20 ILLINOIS TOOL WORKS INC : Results of Operations and Financial Condition, Financi..
07/20DJILLINOIS TOOL WORKS : Raises 2016 Profit Outlook After Earnings Beat
07/20 ILLINOIS TOOL WORKS : tops Street 2Q forecasts
07/20 ITW Reports Record Second Quarter 2016 Financial Results
07/15 GLOBAL UV CURABLE INKS MARKET 2016 : Industry Demand, Insight, Profile and Resea..
07/15ILLINOIS TOOL WORKS INC. : half-yearly earnings release
07/15 ILLINOIS TOOL WORKS : Combine Solicitation - SOLE SOURCE PROCUREMENT TO ILLINOIS..
More news
Sector news : Industrial Conglomerates
07/29DJTalend Nudges Dormant Tech IPO Market
07/29DJSafran in Talks Over Future of ID & Security Business
07/28 Dow Chemical says cost savings will likely exceed FY target
07/28DJDOW CHEMICAL : Profit Tops Views
07/28DJDOW CHEMICAL : Profit Tops Views
More sector news : Industrial Conglomerates
News from SeekingAlpha
07/27 Finding Some Of The Best-Quality Dividend Growth Stocks Using The Piotroski F..
07/23 INSIDERINSIGHTS.COM DAILY ROUND UP 7 : Dca, shak, fav, kfs
07/23 ILLINOIS TOOL WORKS : Robust, As Always
07/21 Risk-Reward Of The Market - Cramer's Mad Money (7/20/16)
07/20 Illinois Tool Works' (ITW) CEO Scott Santi on Q2 2016 Results - Earnings Call..
Advertisement
Financials ($)
Sales 2016 13 631 M
EBIT 2016 3 055 M
Net income 2016 2 008 M
Debt 2016 4 541 M
Yield 2016 1,95%
P/E ratio 2016 20,60
P/E ratio 2017 18,93
EV / Sales 2016 3,38x
EV / Sales 2017 3,23x
Capitalization 41 471 M
More Financials
Chart ILLINOIS TOOL WORKS INC.
Duration : Period :
Illinois Tool Works Inc. Technical Analysis Chart | ITW | US4523081093 | 4-Traders
Full-screen chart
Technical analysis trends ILLINOIS TOOL WOR...
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 118 $
Spread / Average Target 1,8%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Ernest Scott Santi President, Chief Executive Officer & Director
Robert S. Morrison Non-Executive Chairman
Michael M. Larsen Chief Financial Officer & Senior Vice President
Susan M. Crown Independent Director
James A. Skinner Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
ILLINOIS TOOL WORKS IN..24.51%41 471
GENERAL ELECTRIC COMPA..-0.03%286 353
3M CO18.40%107 801
SIEMENS AG8.06%92 252
HONEYWELL INTERNATIONA..12.32%88 513
E I DU PONT DE NEMOURS..3.86%60 477
More Results