Illinois Tool Works traded at $247.68 this Friday May 15th, decreasing $3.09 or 1.23 percent since the previous trading session. Looking back, over the last four weeks, Illinois Tool Works lost 6.75 percent. Over the last 12 months, its price fell by 1.46 percent. Looking ahead, we forecast Illinois Tool Works to be priced at 242.70 by the end of this quarter and at 228.36 in one year, according to Trading Economics global macro models projections and analysts expectations.
Illinois Tool Works Inc. is a manufacturer of industrial products and equipment. The Company operates through seven segments. The Automotive OEM segment produces components and fasteners for automotive-related applications. The Food Equipment segment offers commercial food equipment. The Test & Measurement and Electronics segment produces test and measurement, and electronic manufacturing and maintenance, repair and operations (MRO) solutions. The Welding segment produces welding equipment, consumables and accessories for industrial and commercial applications. The Polymers & Fluids segment produces adhesives, sealants, lubrication and cutting fluids, and fluids and polymers for auto aftermarket maintenance and appearance. The Construction Products segment supplies engineered fastening systems and solutions. The Specialty Products segment produces beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners.