Illinois Tool Wks INC (ITW) Holder Northern Trust Corp Upped Holding

January 19, 2018 - By marketbeat

Investors sentiment increased to 0.87 in Q3 2017. Its up 0.17, from 0.7 in 2017Q2. It improved, as 47 investors sold ITW shares while 354 reduced holdings. 79 funds opened positions while 268 raised stakes. 251.79 million shares or 0.92% less from 254.13 million shares in 2017Q2 were reported. The Connecticut-based Eagle Ridge Inv Management has invested 0.12% in Illinois Tool Works Inc. (NYSE:ITW). Coastline Tru stated it has 26,440 shares. Lincoln reported 4,443 shares or 0.03% of all its holdings. Ngam Advsr Limited Partnership holds 0.22% or 141,207 shares in its portfolio. Mitsubishi Ufj Ltd reported 0.14% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW). Covington Investment Inc holds 1.28% in Illinois Tool Works Inc. (NYSE:ITW) or 22,964 shares. 3,503 are owned by Highland Mgmt Lc. 86,510 are owned by Guinness Asset. Jaffetilchin Investment Prtnrs Limited Com invested in 1,872 shares. Rand Wealth Limited Co invested in 17,469 shares or 0.3% of the stock. 2,018 were accumulated by Mai Cap Management. Shufro Rose Company Limited Liability has invested 1.06% in Illinois Tool Works Inc. (NYSE:ITW). Payden And Rygel, California-based fund reported 400 shares. Parsons Cap Management Ri reported 0.06% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW). Gateway Advisers Ltd Llc holds 20,951 shares.

Since October 2, 2017, it had 0 insider purchases, and 5 insider sales for $24.79 million activity. $1.01M worth of Illinois Tool Works Inc. (NYSE:ITW) was sold by Hartnett John R. on Friday, October 20. 48,622 shares valued at $7.62 million were sold by VALLS JUAN on Wednesday, October 25. SMITH HAROLD B also sold $4.99 million worth of Illinois Tool Works Inc. (NYSE:ITW) shares.

Northern Trust Corp increased its stake in Illinois Tool Wks Inc (ITW) by 0.7% based on its latest 2017Q3 regulatory filing with the SEC. Northern Trust Corp bought 232,823 shares as the company’s stock rose 5.13% with the market. The institutional investor held 33.71M shares of the industrial machinery and components company at the end of 2017Q3, valued at $4.99B, up from 33.48 million at the end of the previous reported quarter. Northern Trust Corp who had been investing in Illinois Tool Wks Inc for a number of months, seems to be bullish on the $58.35 billion market cap company. The stock decreased 0.41% or $0.7 during the last trading session, reaching $170.32. About 918,844 shares traded. Illinois Tool Works Inc. (NYSE:ITW) has risen 33.32% since January 19, 2017 and is uptrending. It has outperformed by 16.62% the S&P500.

Northern Trust Corp, which manages about $383.69B US Long portfolio, decreased its stake in Aramark (NYSE:ARMK) by 159,180 shares to 1.90 million shares, valued at $77.33M in 2017Q3, according to the filing. It also reduced its holding in National Retail Pptys Inc (NYSE:NNN) by 177,918 shares in the quarter, leaving it with 2.13 million shares, and cut its stake in Murphy Oil Corp (NYSE:MUR).

More important recent Illinois Tool Works Inc. (NYSE:ITW) news were published by: Dailyherald.com which released: “Illinois Tool Works leases space in Lockport” on January 17, 2018, also Prnewswire.com published article titled: “Pre-Market Technical Scan on Machinery Equities — Flowserve, Gardner Denver …”, Nasdaq.com published: “Ex-Dividend Reminder: Kansas City Southern, Primoris Services and Illinois …” on December 26, 2017. More interesting news about Illinois Tool Works Inc. (NYSE:ITW) was released by: Nasdaq.com and their article: “Illinois Tool Works Inc. (ITW) Ex-Dividend Date Scheduled for December 28, 2017” with publication date: December 27, 2017.

Illinois Tool Works Inc. (NYSE:ITW) Ratings Coverage

Among 19 analysts covering Illinois Tool Works Inc (NYSE:ITW), 8 have Buy rating, 0 Sell and 11 Hold. Therefore 42% are positive. Illinois Tool Works Inc has $195.0 highest and $85 lowest target. $153.42’s average target is -9.92% below currents $170.32 stock price. Illinois Tool Works Inc had 74 analyst reports since July 24, 2015 according to SRatingsIntel. On Friday, August 28 the stock rating was upgraded by Zacks to “Hold”. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, October 24. The stock of Illinois Tool Works Inc. (NYSE:ITW) earned “Buy” rating by Jefferies on Monday, July 24. The stock of Illinois Tool Works Inc. (NYSE:ITW) has “Buy” rating given on Friday, April 21 by BMO Capital Markets. Robert W. Baird maintained it with “Hold” rating and $145.0 target in Thursday, August 24 report. The stock of Illinois Tool Works Inc. (NYSE:ITW) has “Buy” rating given on Friday, June 30 by Jefferies. Stifel Nicolaus maintained Illinois Tool Works Inc. (NYSE:ITW) on Monday, August 14 with “Hold” rating. As per Tuesday, January 16, the company rating was maintained by Stifel Nicolaus. Robert W. Baird maintained Illinois Tool Works Inc. (NYSE:ITW) on Thursday, April 21 with “Outperform” rating. Robert W. Baird maintained Illinois Tool Works Inc. (NYSE:ITW) on Monday, October 23 with “Hold” rating.

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