The Illinois Tool Works share is relatively stable in a challenging market environment. With a current price of EUR 234.85 (as of October 10, 2024), the paper has recorded a slight decline of 0.40% compared to the previous day. Despite the short-term fluctuations, the share price gained a remarkable 5.76% year-on-year, underlining the company’s robust position.
Fundamentals in focus
Illinois Tool Works’ fundamentals are solid. With a market capitalization of EUR 69.7 billion and a price-earnings ratio (P/E) of 25.06 for 2024, the company appears to be appropriately valued. Particularly attractive for investors: The dividend of EUR 5.733 per share forecast for 2024, which corresponds to a dividend yield of 2.24%.
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Illinois Tool Works Stock: Buy or Sell?! New Illinois Tool Works analysis from October 11 provides the answer:
The latest Illinois Tool Works numbers speak for themselves: urgent action is needed for Illinois Tool Works shareholders. Is it worth getting started or should you sell? In the current free analysis from October 11th you will find out what to do now.
Illinois Tool Works: Buy or Sell? Read more here…
