Illinois Tool Works

Illinois Tool Works

About Illinois Tool Works

Simplify's Rating
Why Illinois Tool Works is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Industrial & Manufacturing

Social Impact

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Glenview, Kentucky

Founded

1912

Overview

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Simplify's Take

What believers are saying

  • Reshoring manufacturing to the US offers ITW opportunities to expand market share.
  • Increased demand for electric vehicles benefits ITW's automotive components sector.
  • Investments in secure technologies align with the rising importance of cybersecurity.

What critics are saying

  • Rising raw material costs could impact ITW's profit margins.
  • The semiconductor shortage may delay ITW's production reliant on electronic components.
  • Emerging market competition pressures ITW to innovate and reduce costs.

What makes Illinois Tool Works unique

  • Illinois Tool Works leverages Industry 4.0 technologies to optimize production efficiency.
  • The company has a significant presence in the growing electric vehicle component sector.
  • ITW is exploring eco-friendly materials and processes for sustainable manufacturing.

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Funding

Total Funding

$0

Below

Industry Average

Funded Over

1 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Company News

MarketBeat
Feb 21st, 2025
Strategic Financial Concepts LLC Invests $2.71 Million in Illinois Tool Works Inc. (NYSE:ITW)

Strategic Financial Concepts LLC invests $2.71 million in Illinois Tool Works Inc. (NYSE:ITW).

MarketBeat
Nov 13th, 2024
Wolverine Asset Management LLC Invests $1.18 Million in Illinois Tool Works Inc. (NYSE:ITW)

Wolverine Asset Management LLC invests $1.18 million in Illinois Tool Works Inc. (NYSE:ITW).

MarketBeat
Aug 28th, 2024
Signature Estate & Investment Advisors LLC Makes New $407,000 Investment in Illinois Tool Works Inc. (NYSE:ITW)

Signature Estate & Investment Advisors LLC makes new $407,000 Investment in Illinois Tool Works Inc. (NYSE:ITW).

MarketBeat
Jul 1st, 2024
Aviance Capital Partners LLC Makes New $2.17 Million Investment in Illinois Tool Works Inc. (NYSE:ITW)

Aviance Capital Partners LLC makes new $2.17 million investment in Illinois Tool Works Inc. (NYSE:ITW).

Defense World
Jun 27th, 2024
G&S Capital LLC Invests $1.36 Million in Illinois Tool Works Inc. (NYSE:ITW)

G&S Capital LLC invests $1.36 million in Illinois Tool Works Inc. (NYSE:ITW).

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