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  - 09/27 10:02:45 pm
119 USD   +1.08%
09/26 ILLINOIS TOOL W : ITW Schedules Third Quarter 2016 Earnings Conferen..
09/26 ITW Schedules Third Quarter 2016 Earnings Conference Call 
09/26 ILLINOIS TOOL W : ITW Schedules Third Quarter 2016 Earnings Conferen..
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.
09/26 ILLINOIS TOOL WORKS : ITW Schedules Third Quarter 2016 Earnings Conference Call
09/26 ILLINOIS TOOL WORKS : ITW Schedules Third Quarter 2016 Earnings Conference Call 
09/26 ITW Schedules Third Quarter 2016 Earnings Conference Call 
09/21 ILLINOIS TOOL WORKS : Ironbridge Capital Management LP Decreased Stake in Illino..
09/20 ILLINOIS TOOL WORKS : Brokerage Firm Rating on Illinois Tool Works (ITW)
09/12 Global Food Grade Lubricants Market- British Petroleum, Fuchs, Exxon Mobil, C..
09/12 ILLINOIS TOOL WORKS : Machinery Stocks on Investors' Radar -- Ocean Power Techno..
09/08 2016 MILLER BUILD & WIN SWEEPSTAKES : Winner Takes Home Bobcat® 3400 Utility Ve..
08/18 ILLINOIS TOOL WORKS : Patent Issued for Vehicle Window Spraying Nozzle Arrangeme..
08/18 ILLINOIS TOOL WORKS : Patent Issued for Method of Dispensing Material Based on E..
More news
Sector news : Industrial Conglomerates
10:34a SMITHS : Engineering firm Smiths posts higher-than-expected revenue, profit
10:25a Wind turbines firm Senvion says big merger deal not in prospect
09/27DJGENERAL ELECTRIC : Independent Power Supplier Plan Vietnam Wind Projects
09/27DJGENERAL ELECTRIC : GE, Independent Power Supplier Plan Vietnam Wind Projects
09/27 SIEMENS : trims job cut plans for unit in Germany
More sector news : Industrial Conglomerates
News from SeekingAlpha
09/20 Growth Reacceleration Has Rebuilt Middleby's Multiple
09/19 Without Major Improvements, Manitowoc Foodservice Looks A Little Overcooked
09/15 STANLEY BLACK & DECKER : Investing In Tools
09/14 Which U.S. Companies Are Winning The M&A Game In China?
09/09 Parker-Hannifin Looking Ahead To Better Days
Advertisement
Financials ($)
Sales 2016 13 631 M
EBIT 2016 3 055 M
Net income 2016 2 008 M
Debt 2016 4 534 M
Yield 2016 1,90%
P/E ratio 2016 21,22
P/E ratio 2017 19,45
EV / Sales 2016 3,43x
EV / Sales 2017 3,29x
Capitalization 42 240 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
TrendsNeutralBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 120 $
Spread / Average Target 0,60%
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..28.40%41 789
GENERAL ELECTRIC COMPA..-4.08%264 715
3M CO17.03%106 344
SIEMENS AG15.49%99 071
HONEYWELL INTERNATIONA..12.20%88 216
E I DU PONT DE NEMOURS..0.99%58 160
More Results