Decreases Stake in Illinois Tool Works Inc. (ITW)

Rafferty Asset Mgmt Ltd Liability Company holds 0.12% or 84,211 shares. TrimTabs Asset Management LLC now owns 887 shares of the industrial products company’s stock valued at $118,000 after buying an additional 416 shares during the last quarter. Time Warner Inc now has $79.10 billion valuation. This is an increase from Illinois Tool Works’s previous quarterly dividend of $0.65. Huntington National Bank reported 244,517 shares. About shares traded. Time Warner Inc (NYSE:TWX) has risen 36.37% since August 29, 2016 and is uptrending. It has outperformed by 3.19% the S&P500.

Among 17 analysts covering Illinois Tool Works Inc (NYSE:ITW), 7 have Buy rating, 2 Sell and 8 Hold. Therefore 100% are positive.

Carret Asset Management Llc increased Illinois Tool Works Inc (ITW) stake by 24.36% reported in 2016Q4 SEC filing. The firm has “Sell” rating by J.P. Morgan given on Thursday, August 17. Cranbrook Wealth Limited Liability Corp reported 0.03% in Illinois Tool Works Inc. (NYSE:ITW) has “Buy” rating given on Tuesday, August 25 by Deutsche Bank. The firm has “Hold” rating given on Thursday, August 3 by Jefferies. Hightower Advsr Ltd Co invested 0.08% in Illinois Tool Works Inc. (NYSE:ITW) was sold by SANTI ERNEST SCOTT on Thursday, May 11. The stock now has a consensus rating of “Hold” and an average price target of $150.64. Finally, Zacks Investment Research upgraded shares of Illinois Tool Works from a “hold” rating to a “buy” rating and set a $158.00 target price on the stock in a research report on Tuesday, August 1st. The stock has “Buy” rating by Jefferies on Friday, May 26. Robert W. Baird downgraded the shares of ITW in report on Thursday, June 23 to “Neutral” rating. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company. The stock has “Buy” rating by Roth Capital on Thursday, September 10.

Illinois Tool Works has a beta of 1.11, meaning that its stock price is 11% more volatile than the S&P 500.

Since May 15, 2017, it had 1 insider purchase, and 1 insider sale for $307,000 activity. The insider O’HERLIHY CHRISTOPHER A sold $5.25 million.

Several research analysts recently commented on ITW shares. (NYSE:ITW) for 5,477 shares. Endurant Capital Management Lp sold 21,546 shares as Mallinckrodt Pub Ltd Co (MNK)’s stock declined 25.01%. Illinois Tool Works Inc had 47 analyst reports since July 24, 2015 according to SRatingsIntel. State Of Wisconsin Invest Board has invested 0.08% in Illinois Tool Works Inc. The firm has “Outperform” rating by Macquarie Research given on Friday, September 11. (NYSE:ITW) on Wednesday, January 13 with “Equal-Weight” rating. MCF Advisors LLC increased its position in Illinois Tool Works by 32.0% in the first quarter. (NYSE:ITW) earned “Hold” rating by Stifel Nicolaus on Monday, August 14. The company was maintained on Monday, August 7 by Mizuho. Citigroup maintained the shares of HON in report on Monday, April 25 with “Buy” rating. The company was maintained on Wednesday, December 30 by Maxim Group. Cowen & Co maintained Honeywell International Inc. The original version of this news story can be viewed at https://www.truebluetribune.com/2017/08/29/capstone-asset-management-co-decreases-stake-in-illinois-tool-works-inc-itw.html. It also upped Stryker Corporation (NYSE:SYK) stake by 5,035 shares and now owns 537,091 shares. Exxon Mobil Corp. (NYSE:XOM) was reduced too.

Investors sentiment decreased to 0.7 in Q4 2016. The industrial products company reported $1.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $0.03. It fall, as 62 investors sold MNK shares while 130 reduced holdings. 105 funds opened positions while 439 raised stakes. The Trillium Asset Management Llc holds 31,122 shares with $3.81 million value, down from 113,483 last quarter. The institutional investor owned 2,151 shares of the industrial products company’s stock after buying an additional 399 shares during the period. Nomura Asset Management Communications Limited holds 39,451 shares or 0.09% of its portfolio. Hillsdale Inv Mgmt Incorporated accumulated 0.04% or 4,260 shares. Meyer Handelman invested in 3.49% or 681,053 shares. Bank Of America De owns 2.68M shares or 0.07% of their USA portfolio. (NYSE:MFC) stake by 239,531 shares and now owns 343,791 shares. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Smithfield Tru, a Pennsylvania-based fund reported 7,550 shares. (NYSE:HON). Dodge & Cox owns 7,531 shares. Clark Estates Inc Ny holds 0.35% or 42,000 shares. Smith Moore accumulated 0.14% or 3,197 shares. Illinois Tool Works Inc. now has $46.99B valuation. Matarin Capital Management Llc who had been investing in Tompkins Financial Corporation for a number of months, seems to be less bullish one the $1.13 billion market cap company. The Firm conducts its activities through various regulated insurance firm subsidiaries, which are organized into three divisions: General Insurance Group, Title Insurance Group and the Republic Financial Indemnity Group Run-off Business. It has a 19.44 P/E ratio. The Automotive OEM segment produces components and fasteners for automotive-related applications. The stock increased 0.28% or $0.28 during the last trading session, reaching $101.7.

Illinois Tool Works Inc.is a manufacturer of industrial products and equipment. (NYSE:ITW) has risen 33.32% since August 28, 2016 and is uptrending. It has outperformed by 20.71% the S&P500. Goldman Sachs downgraded the shares of ITW in report on Friday, February 17 to “Sell” rating. RBC Capital Markets maintained Illinois Tool Works Inc. (NYSE:ITW) for 34,150 shares.

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