Illinois Tool Works Inc. (ITW)

129.37
2.60 2.00
NYSE : Producer Manufacturing
Prev Close 132.01
Open 126.68
Day Low/High 126.68 / 130.00
52 Wk Low/High 128.75 / 179.07
Volume 778.12K
Avg Volume 1.61M
Exchange NYSE
Shares Outstanding 335.35M
Market Cap 44.01B
EPS 4.90
P/E Ratio 24.20
Div & Yield 4.00 (2.54%)

Last Week's Portfolio Changes

Three exits and one initiation highlighted a busy week for the portfolio.

Weekly Roundup

Markets had one of the most volatile weeks in recent memory.

Market Futures Point to a Strong Open Friday

Selling pressure appears to have abated for now as we have reached earnings season.

Awaiting Opportunity from Wednesday's Selloff

There are a half-dozen names we find of particular interest in light of the big pullback in the market.

Reflections on Wednesday's Selloff

The volatility may continue, but we'll be back Thursday putting our cash to work.

Illinois Tool Works Becomes #192 Most Shorted S&P 500 Component, Replacing Regions Financial

Illinois Tool Works Becomes #192 Most Shorted S&P 500 Component, Replacing Regions Financial

The most recent short interest data has been released for the 09/28/2018 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the S&P 500 by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.

Think About Buying Opportunities During This Selloff

Focus on companies whose business activity has not shown any signs of slower growth or declines.

Buying More Salesforce Shares

We view CRM's recent selloff of more than 10% from its highs as a pullback that must be capitalized on.

Initiating Palo Alto Networks; Update on WestRock

We are bringing this cybersecurity name out of the Bullpen and into the portfolio as our recent exits have opened up room.

Exiting Illinois Tool Works, Trimming Nordstrom

This will position ourselves with a real war chest of a cash position and open up a crucial spot in the portfolio.

Weekly Roundup

It was a volatile week on Wall Street.

Markets High on NAFTA News...How to Calculate New HON Basis

We provide some housekeeping items on how we accounted for Honeywell's 1 for 10 spin-off of Garrett Motion.

Jim Cramer: These Are the Stocks to Buy on Canada Deal and the 4th Quarter

Jim Cramer: These Are the Stocks to Buy on Canada Deal and the 4th Quarter

Straying from these names could land you in quicksand as the 4th quarter begins.

Weekly Roundup

The markets had a bumpy week to close out the third quarter.

Weekly Roundup

U.S. equity markets pushed to record highs this week despite increased trade tensions.

Weekly Roundup

The Trump administration has invited Chinese officials to a new round of trade negotiations later this month.

Presentation Sends 3M Shares Lower

While the commentary was less than ideal, we continue to believe an under-promise, over-deliver situation is in the works.

Jim Cramer: Small Business Optimism Is on Fire!

Jim Cramer: Small Business Optimism Is on Fire!

Domestic growth levered to small business? It may be precisely where you have to be.

Markets Higher Despite Apple Tariff Concerns

The tariff news may make things noisy in the short-term, but the company's ecosystem of products is second to none.

Weekly Roundup

Investors wrapped up a volatile week on Wall Street.

Weekly Roundup

Markets pressed higher this week as the U.S. and Mexico came to an agreement on trade.

Trimming Illinois Tool Works and Nordstrom

Cash raised through these sales will provide us with a war-chest to buy weakness.

Illinois Tool Is Ready to Rally - What I'm Looking at Now

Illinois Tool Is Ready to Rally - What I'm Looking at Now

Let's check and see if the bullish divergences are still going to play out.

Weekly Roundup

Markets pushed higher this week with the S&P 500 hitting a record high and showing resilience through several politically volatile events.

Industrials In Focus: HON, EMR, MMM, ITW

Here's what Morgan Stanley analysts had to say.

10 Top Stocks With a History of Double-Digit Dividend Growth

10 Top Stocks With a History of Double-Digit Dividend Growth

Searching for dividends in this yield starved world? Check out these top 10 names.

Weekly Roundup

We heard earnings from portfolio holdings Nvidia and Nordstrom this week, with one report bullish and the other bearish.

Jim's Daily Rundown

Jim discusses today's market rebound and much more.

Jim's Daily Rundown

Jim discusses how the developments out of Turkey are affecting the U.S. markets.

Last Week's Portfolio Changes

We lowered our price target and our rating on Cimarex and upgraded our rating on Illinois Tool Works.

TheStreet Quant Rating: B+ (Buy)