As Illinois Tool Works INC (ITW) Share Price Declined, Eubel Brady & Suttman Asset Management INC Has Cut by $3.28 Million Its Holding

May 18, 2018 - By Dolores Ford

Investors sentiment increased to 0.9 in 2017 Q4. Its up 0.03, from 0.87 in 2017Q3. It is positive, as 39 investors sold ITW shares while 379 reduced holdings. 117 funds opened positions while 261 raised stakes. 229.09 million shares or 9.01% less from 251.79 million shares in 2017Q3 were reported. Inverness Counsel Limited Liability Ny has invested 0.02% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW). Fmr Limited Liability Company holds 0.06% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW) for 3.26 million shares. Balasa Dinverno & Foltz Limited Liability Com reported 0.1% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW). Prudential Finance holds 0.25% or 1.12M shares. Regentatlantic Cap holds 4,458 shares or 0.06% of its portfolio. Drw Limited Liability Co holds 4,320 shares. Deutsche National Bank Ag reported 0.12% in Illinois Tool Works Inc. (NYSE:ITW). Hl Fincl Ltd Company invested in 64,039 shares or 0.21% of the stock. Moreover, Headinvest Limited Liability has 0.1% invested in Illinois Tool Works Inc. (NYSE:ITW) for 1,860 shares. 245 were reported by Gemmer Asset Mngmt Lc. Factory Mutual Insur Communication invested 0.52% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW). Pensionfund Dsm Netherlands has invested 0.68% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW). Illinois-based First American Bankshares has invested 0.3% in Illinois Tool Works Inc. (NYSE:ITW). The Massachusetts-based Ngam Advsrs Lp has invested 0.24% in Illinois Tool Works Inc. (NYSE:ITW). Moreover, Shelter Mutual Ins has 2.77% invested in Illinois Tool Works Inc. (NYSE:ITW).

Since December 8, 2017, it had 0 insider buys, and 2 selling transactions for $8.31 million activity. $3.32 million worth of stock was sold by NAGARAJAN SUNDARAM on Friday, January 26.

Eubel Brady & Suttman Asset Management Inc decreased its stake in Illinois Tool Works Inc (ITW) by 22.18% based on its latest 2017Q4 regulatory filing with the SEC. Eubel Brady & Suttman Asset Management Inc sold 19,758 shares as the company’s stock declined 6.87% with the market. The institutional investor held 69,320 shares of the industrial machinery and components company at the end of 2017Q4, valued at $11.57 million, down from 89,078 at the end of the previous reported quarter. Eubel Brady & Suttman Asset Management Inc who had been investing in Illinois Tool Works Inc for a number of months, seems to be less bullish one the $49.68B market cap company. The stock increased 0.60% or $0.87 during the last trading session, reaching $146.64. About 129,243 shares traded. Illinois Tool Works Inc. (NYSE:ITW) has risen 18.23% since May 18, 2017 and is uptrending. It has outperformed by 6.68% the S&P500.

Analysts await Illinois Tool Works Inc. (NYSE:ITW) to report earnings on July, 23. They expect $1.97 EPS, up 18.67 % or $0.31 from last year’s $1.66 per share. ITW’s profit will be $667.36 million for 18.61 P/E if the $1.97 EPS becomes a reality. After $1.90 actual EPS reported by Illinois Tool Works Inc. for the previous quarter, Wall Street now forecasts 3.68 % EPS growth.

More notable recent Illinois Tool Works Inc. (NYSE:ITW) news were published by: Globenewswire.com which released: “ITW Delivers $1.90 Earnings per Share, up 23%” on April 26, 2018, also Globenewswire.com with their article: “ITW Board of Directors Declares Quarterly Dividend” published on May 04, 2018, Seekingalpha.com published: “Buy Diamondback Energy On Declines – Cramer’s Lightning Round (5/11/18)” on May 14, 2018. More interesting news about Illinois Tool Works Inc. (NYSE:ITW) were released by: Globenewswire.com and their article: “ITW Announces Upcoming Investor Conferences” published on May 07, 2018 as well as Seekingalpha.com‘s news article titled: “Illinois Tool Works (ITW) Q1 2018 Results – Earnings Call Transcript” with publication date: April 26, 2018.

Illinois Tool Works Inc. (NYSE:ITW) Ratings Coverage

Among 12 analysts covering Illinois Tool Works (NYSE:ITW), 6 have Buy rating, 0 Sell and 6 Hold. Therefore 50% are positive. Illinois Tool Works had 25 analyst reports since December 3, 2017 according to SRatingsIntel. Citigroup maintained the stock with “Buy” rating in Thursday, January 25 report. The firm has “Hold” rating by Stifel Nicolaus given on Monday, December 4. Jefferies maintained Illinois Tool Works Inc. (NYSE:ITW) on Wednesday, January 24 with “Buy” rating. The firm earned “Buy” rating on Tuesday, April 10 by Goldman Sachs. The stock of Illinois Tool Works Inc. (NYSE:ITW) earned “Hold” rating by RBC Capital Markets on Thursday, January 25. The firm has “Outperform” rating by Wells Fargo given on Thursday, January 25. The stock of Illinois Tool Works Inc. (NYSE:ITW) earned “Hold” rating by Stifel Nicolaus on Friday, April 27. The stock of Illinois Tool Works Inc. (NYSE:ITW) earned “Hold” rating by BMO Capital Markets on Wednesday, January 24. The stock of Illinois Tool Works Inc. (NYSE:ITW) earned “Hold” rating by Robert W. Baird on Wednesday, January 24. Jefferies maintained Illinois Tool Works Inc. (NYSE:ITW) rating on Thursday, January 18. Jefferies has “Buy” rating and $195.0 target.

Illinois Tool Works Inc. (NYSE:ITW) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.