Illinois Tool Works Inc. (ITW) - Mover to Watch

Mae Love
January 13, 2018

Banbury Partners Llc bought 28,689 shares as the company's stock rose 6.69% with the market. The Kings Point Capital Management holds 30,590 shares with $4.53 million value, up from 25,880 last quarter. Sky Investment Group Llc who had been investing in Jm Smucker Company for a number of months, seems to be bullish on the $14.00 billion market cap company.

The stock decreased 0.07% or $0.12 during the last trading session, reaching $166.03. 273.62 million shares or 1.13% less from 276.76 million shares in 2017Q2 were reported. SPS Commerce, Inc. (NASDAQ:SPSC) has risen 11.79% since January 11, 2017 and is uptrending. It has underperformed by 46.32% the S&P500.

Blair William & Company increased its stake in Illinois Tool Works (ITW) by 2.03% based on its latest 2017Q3 regulatory filing with the SEC. For the past 5 years, the company's revenue has grown 1.5%, while the company's earnings per share has grown 11.5%. Vanguard Group Inc. now owns 22,627,699 shares of the industrial products company's stock valued at $3,241,417,000 after purchasing an additional 500,583 shares in the last quarter. The company has market cap of $1.18 billion. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.98 and a current ratio of 2.41.

The average 1-year price target for HSBC Holdings plc (HSBC) - averaging the work of different analysts - reveals a mean PT of $51.61/share. (NYSE:ITW) has risen 33.32% since January 12, 2017 and is uptrending. It has outperformed by 8.83% the S&P500.

Investors sentiment increased to 1.26 in 2017 Q3. Its down 0.09, from 1.01 in 2017Q2. The California-based Kestrel Investment Management Corp has invested 3.23% in the stock. (NYSE:ITW) for 25,387 shares. Stadion Money Mngmt Ltd Liability Co holds 0.06% or 13,124 shares in its portfolio. Strategic Global Advsrs Ltd Liability Corporation reported 2,510 shares. FMR LLC now owns 3,920,539 shares of the industrial products company's stock valued at $561,618,000 after purchasing an additional 471,369 shares in the last quarter. (NYSE:VMI) for 83,607 shares. (NYSE:ITW) for 4,979 shares. The Missouri-based Kennedy Cap Mgmt Incorporated has invested 0.17% in Valmont Industries, Inc. (NYSE:ITW). Glg Limited Liability Corporation holds 15,751 shares or 0.15% of its portfolio. Inverness Counsel Limited Liability Corporation New York reported 1,533 shares. About 607,485 shares traded.

McKesson (MCK) Research Coverage Started at Evercore ISI
Lombard Odier Asset Management Europe Ltd bought 40,293 shares as the company's stock declined 9.43% while stock markets rallied. The firm has a market capitalization of $33,330.00, a price-to-earnings ratio of 7.61, a P/E/G ratio of 1.61 and a beta of 1.23.

Patterson-UTI Energy (PTEN) Coverage Initiated by Analysts at Stephens
After $0.81 actual EPS reported by Buckeye Partners, L.P. for the previous quarter, Wall Street now forecasts 7.41% EPS growth. National Bank & Trust Of The Ozarks owns 10,460 shares or 0.61% of their U.S. portfolio. (NASDAQ: PTEN ) for 264,811 shares.

Dense fog advisory issued through Thursday morning
Temperatures keep warming Wednesday and Thursday into the 40's, giving us rain showers by Thursday with no icy threats. Fog is thick in spots and could worsen before sunrise at 8:06 a.m. but no advisory, at this time, is in place.

Analysts await PVH Corp. MMM's profit will be $1.20 billion for 29.84 P/E if the $2.02 EPS becomes a reality. Argus restated a "buy" rating and issued a $180.00 target price (up from $160.00) on shares of Illinois Tool Works in a research report on Tuesday, October 24th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and seven have issued a buy rating to the company's stock. Therefore 50% are positive. J. M. Smucker Company had 65 analyst reports since August 19, 2015 according to SRatingsIntel. On Tuesday, August 25 the stock rating was maintained by Deutsche Bank with "Buy". Wedbush maintained it with "Outperform" rating and $17.25 target in Friday, April 21 report. On Monday, December 4 the stock rating was maintained by Stifel Nicolaus with "Hold". On Wednesday, August 19 the stock rating was maintained by Piper Jaffray with "Buy". The industrial products company reported $1.85 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.65 by $0.20. Stifel Nicolaus maintained the stock with "Hold" rating in Tuesday, July 4 report. The firm earned "Neutral" rating on Thursday, June 23 by Robert W. Baird. The firm has "Mkt Perform" rating given on Friday, March 31 by JMP Securities. Stifel Nicolaus has "Buy" rating and $135 target. (NYSE:ITW) has "Equal-Weight" rating given on Thursday, April 21 by Morgan Stanley. The firm owned $13.58 million shares of the company's stock after selling 469337 shares during the period.

In related news, insider Steven L. Martindale sold 64,818 shares of the firm's stock in a transaction that occurred on Wednesday, October 25th. On Friday, December 15 the insider BAGLIVO MARY sold $267,990. 6,533 shares were sold by Hartnett John R., worth $979,950 on Monday, October 2. FISCHER MARK D sold $323,150 worth of stock. The other 8 are split, though not evenly, between analysts who think you should buy its stock versus those who think you should sell it. Its up 0.17, from 0.7 in 2017Q2. It is positive, as 47 investors sold ITW shares while 354 reduced holdings. 79 funds opened positions while 268 raised stakes. Finally, Citigroup reaffirmed a "buy" rating and issued a $162.00 target price on shares of Illinois Tool Works in a research report on Tuesday, September 26th. State Of Wisconsin Investment Board has 285,564 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh stated it has 13,489 shares or 0.11% of all its holdings. 24,514 were reported by Virtus Investment Advisers. Finally, Royal Bank of Canada reiterated a hold rating and set a $125.00 price target on shares of Illinois Tool Works in a research note on Friday, January 13th. (NYSE:ITW) or 122,622 shares. Harris Associate Limited Partnership has invested 0% in Illinois Tool Works Inc. (NYSE:ITW) was sold by VALLS JUAN. Principal Fincl reported 96,396 shares. Front Barnett Associate Ltd Limited Liability Company, a Illinois-based fund reported 33,084 shares.

Illinois Tool Works Inc is a manufacturer of industrial products and equipment. Rowland & Co. Investment Counsel ADV grew its position in Illinois Tool Works by 0.4% in the 2nd quarter. Benjamin F Edwards And Com reported 20,418 shares or 0.36% of all its holdings. Credit Agricole S A invested in 312,230 shares.

Since October 2, 2017, it had 0 buys, and 5 insider sales for $24.79 million activity. Dynamic Advsr Solutions Ltd Company stated it has 0.31% in Illinois Tool Works Inc.

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