Illinois Tool Works Inc. Trading Volume Plummets 38.15% to 363rd Rank

Generated by AI AgentAinvest Market Brief
Friday, Mar 28, 2025 8:00 pm ET1min read
ITW--

On March 28, 2025, Illinois Tool Works Inc.ITW-- (ITW) experienced a significant decline in trading volume, with a total of 2.33 billion shares traded, marking a 38.15% decrease from the previous day. This drop in volume placed ITWITW-- at the 363rd position in terms of trading volume for the day. The stock price of ITW also decreased by 2.18%, marking the second consecutive day of decline, with a total decrease of 3.69% over the past two days.

Illinois Tool Works Inc. has a trailing yield of approximately 2.3% based on the past year's dividend payments, with the current share price standing at US$255.89. The company is set to go ex-dividend soon, which may influence investor sentiment and stock performance.

Moody's Ratings has affirmed the A1 senior unsecured rating and P-1 short-term commercial paper rating of Illinois Tool Works Inc., indicating a stable financial outlook for the company. This affirmation reflects the company's strong creditworthiness and financial health.

Illinois Tool Works Inc. is scheduled to release its earnings report on April 29, 2025. The upcoming earnings report is a critical event for investors, as it will provide insights into the company's financial performance and future prospects. Analysts have given ITW a "Hold" rating with a mean price target of $267.94, according to FactSet.

Illinois Tool Works Inc. is a Fortune 300 global multi-industrial manufacturing leader with revenue of $15.9 billion in 2024. The company's strong financial performance and market position make it a significant player in the industrial manufacturing sector.

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