
Industrials · Industrial Machinery & Supplies & Components
$264.30
+0.84%
Vol: 1.2M
Friday, June 19, 2026
No material news in the last 48 hours.
No material news in the last 48 hours.
No material news in the last 48 hours.
No material news in the last 48 hours.
No material news in the last 48 hours.
No material news in the last 48 hours.
No material news in the last 48 hours. ITW shares traded in a tight range of $245.08-$248.24 on May 20. Most recent material news included the May 8 annual stockholder meeting approving all 13 directors and ratifying Deloitte as auditor, and the Q2 dividend declaration of $1.61 per share earlier in May.
Illinois Tool Works' board declared a $1.61/share Q2 2026 dividend on May 8, payable July 10 to holders of record June 30 - equating to $6.44 on an annualized basis. At the same-day annual meeting, shareholders re-elected all 13 board nominees, with new director Jennifer F. Scanlon receiving the highest support at 234,039,003 for-votes. ITW recently raised full-year 2026 GAAP EPS guidance to $11.10-$11.50 on the back of a Q1 beat (sales of $4.02B, EPS of $2.66 vs $2.38 prior year) and an outlook for higher operating margins. The company also completed a multi-year $3.38B share-repurchase program that cut the share count by about 4.54%. Despite the strong numbers and guidance, ITW shares are down roughly 6% over the past month and ~17% over three months as of mid-May 2026.
No material news in the last 48 hours.
On May 8, 2026 ITW held its 2026 Annual Meeting of Stockholders where all 13 director nominees were elected for one-year terms, executive compensation was approved on an advisory basis (223M for, 10.2M against), and Deloitte & Touche was ratified as auditor. A non-binding shareholder proposal on majority-vote directors failed. The Board declared a quarterly dividend of $1.61 per share ($6.44 annualized). Q1 2026 revenue came in at $4.02B with operating margin of 25.4% (up 60bps YoY) and GAAP EPS of $2.66 (up 12% YoY), prompting raised full-year EPS guidance to $11.10-$11.50. Welding and Test & Measurement and Electronics led capex-related demand. On May 1 JPMorgan cut its PT to $295 (Overweight); Wells Fargo raised PT to $255; Citi raised PT to $287. The stock is down ~6% over the past month and ~17% over three months.
At its May 8, 2026 annual meeting, Illinois Tool Works shareholders elected all 13 board nominees to one-year terms and approved executive pay packages on an advisory basis while ratifying Deloitte & Touche LLP as 2026 auditor. A non-binding proposal imposing stricter consequences on directors lacking majority support was rejected. The board declared a $1.61 quarterly dividend ($6.44 annualized) payable July 10. Q1 2026 saw 5% revenue growth and 12% GAAP EPS growth ($2.66 EPS beat) with margin expansion to 25.4%. Average analyst rating Hold with $265.90 target. Risk: slowing organic growth in consumer-facing segments.
On May 8, Illinois Tool Works held its 2026 Annual Meeting of Stockholders, electing all 13 director nominees, approving Say-on-Pay with 223M votes for, and ratifying Deloitte as auditor for 2026. The board declared a Q2 dividend of $1.61 per share, payable July 10 to holders of record June 30, equating to $6.44 annualized. ITW also raised its full-year 2026 GAAP EPS guidance to $11.10-$11.50, supported by Q1 revenue of $4.02B, operating margin of 25.4% (+60bps), and EPS of $2.66. Welding and Test & Measurement segments grew organically 6% and 5%, respectively. Wells Fargo raised its target to $255 from $245 and Citi raised to $287 from $284. Risk: capex-sensitive segments face cyclical exposure if industrial demand softens later in 2026.
At its May 8 AGM, ITW re-elected all 13 directors, approved compensation, and ratified Deloitte. The board declared a $1.61 quarterly dividend ($6.44 annualized) payable July 10. Q1 GAAP EPS of $2.66 beat $2.57 consensus on $4.02B revenue, with operating margin expanding ~60bps. Management raised 2026 GAAP EPS guidance to $11.10-$11.50. Despite the raise, shares slipped ~5% on muted ~0.4% organic growth concerns. JPMorgan cut its target to $295 (still Overweight) on May 1; Citi raised to $287 and Wells Fargo to $255.
ITW's Board of Directors declared a Q2 2026 dividend of $1.61 per share on May 8, payable July 10 to holders of record June 30. The same day, shareholders held the virtual 2026 annual meeting, voting on election of 13 directors including new nominee Jennifer Scanlon, advisory approval of executive pay, ratification of Deloitte as auditor, and a non-binding majority-vote proposal. The actions follow a strong Q1: $4.02B revenue with adjusted EPS of $2.66 (both beating estimates), and management raised full-year 2026 GAAP EPS guidance to $11.10–$11.50. Shares fell ~5% post-earnings on organic-growth concerns despite the higher outlook.
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| PHPARKER | $955.22 | +0.98% | +10.9% | 28.0x | 1.14 | $120.2B |
| ITWILLINOIS | $264.30 | +0.84% | +5.3% | 21.7x | 1.03 | $76.0B |
| GWWWW | $1,362.85 | +3.95% | +9.8% | 27.1x | 1.05 | $64.5B |
| IRINGERSOLL | $78.13 | +1.38% | +10.7% | 20.3x | 1.20 | $30.5B |
| DOVDOVER | $223.88 | +1.40% | +6.0% | 19.3x | 1.17 | $30.1B |
| OTISOTIS | $73.23 | +0.70% | +2.8% | 15.5x | 0.90 | $28.1B |
Price above both MAs — bullish structure.