Welcome to our dedicated page for Illinois Tool Wk news (Ticker: ITW), a resource for investors and traders seeking the latest updates and insights on Illinois Tool Wk stock.
Illinois Tool Works Inc. (ITW) is a Fortune 300 global multi-industrial manufacturing company listed on the New York Stock Exchange. This news page aggregates company announcements and third-party coverage related to ITW and its seven segments: Automotive OEM, Food Equipment, Test & Measurement and Electronics, Welding, Polymers & Fluids, Construction Products, and Specialty Products.
Readers can find earnings-related news such as quarterly and full-year results, earnings guidance updates, and details on earnings webcasts. Recent items include third quarter 2025 results, where ITW reported revenue, operating margin, cash flow, and segment performance, as well as announcements scheduling upcoming earnings webcasts for later reporting periods.
The feed also highlights capital allocation decisions, including dividend declarations by ITW’s board of directors. For example, the company has announced quarterly dividends and discussed its history of consecutive annual dividend increases in its earnings releases.
Because ITW owns businesses such as Miller Electric Mfg. LLC in its Welding segment, this page also surfaces product and technology news from those subsidiaries. Recent Miller announcements have covered ArcCapture weld camera systems, the Multimatic 215 PRO multiprocess welder, the Millermatic 211 PRO MIG welder, new personal protective equipment lines, and the Hercules high-deposition welding technology deployed with partners in fixed automation.
By following this news page, investors and industry observers can review ITW’s financial updates, dividend actions, and developments across its diversified industrial portfolio, including welding equipment, commercial food equipment, automotive components, test and measurement and electronics, polymers and fluids, construction products, and specialty offerings.
Illinois Tool Works (NYSE: ITW) has declared a dividend of $1.22 per share for Q2 2022, translating to an annualized total of $4.88. The payment is set for July 14, 2022, to shareholders on record as of June 30, 2022.
In 2021, ITW reported revenues of $14.5 billion. The company operates seven industry-leading segments, employing approximately 45,000 individuals globally, showcasing a commitment to decentralized and innovative business practices.
Illinois Tool Works (NYSE: ITW) reported Q1 2022 revenues of $3.9 billion, reflecting an 11.2% year-over-year increase, driven by organic growth of 10.6%. The acquisition of MTS contributed 2.8% to revenue, while foreign currency translation impacted revenues negatively by 2.2%. GAAP EPS stood at $2.11, impacted by $(0.05) from currency fluctuations. The company raised its full-year GAAP EPS guidance to $9.00 to $9.40 and organic revenue growth guidance to 7% to 10%.
Operating margin was reported at 23.4%, with enterprise initiatives contributing 90 basis points.
Illinois Tool Works (NYSE: ITW) will announce its Q1 2022 earnings on May 3, 2022, at 7:00 a.m. CDT, followed by a webcast at 9:00 a.m. CDT. In 2021, ITW reported revenues of $14.5 billion, solidifying its position as a global manufacturing leader. Shareholders can access the call by dialing specific numbers, and an audio replay will be available until May 10, 2022. For further details and to join the webcast, visit investor.itw.com.
The Board of Directors of Illinois Tool Works declared a dividend of $1.22 per share for Q1 2022, amounting to $4.88 for the year. This dividend will be paid on April 14, 2022 to shareholders of record by March 31, 2022. In 2021, ITW generated $14.5 billion in revenues, driven by its seven segments using the unique ITW Business Model for growth and profitability. The company's decentralized culture supports its approximately 45,000 employees worldwide.
Illinois Tool Works reported Q4 2021 revenue of $3.7 billion, up 6% with organic growth at 5%. Full year 2021 revenue rose to $14.5 billion, a 15% increase, and operating income grew by 21% to $3.5 billion. Q4 GAAP EPS stood at $1.93, impacted by MTS acquisition costs. For 2022, ITW anticipates 7.5% to 10.5% revenue growth and GAAP EPS guidance between $8.90 to $9.30, reflecting a 10% to 15% increase from the previous year. The operating margin is projected between 24% to 25%.
Amphenol Corporation reported record financial results for Q4 and the full year 2021. Q4 sales reached $3.027 billion, up 25% year-over-year, with a GAAP diluted EPS of $0.72. Full year sales hit $10.876 billion, a 26% increase, with GAAP diluted EPS of $2.51. The company executed seven acquisitions in 2021 and returned over $1 billion to shareholders. Looking ahead, Q1 2022 sales are expected between $2.690 billion and $2.750 billion, reflecting a 13% to 16% growth forecast.
Illinois Tool Works will redeem its €500,000,000 1.750% Senior Notes due 2022 at a redemption price equal to the outstanding principal plus accrued interest. The redemption date is set for February 22, 2022. This move reflects the company's financial strategy and commitment to managing debt effectively. With revenues of $12.6 billion in 2020, ITW operates in a decentralized manner across seven segments, focused on innovative solutions and customer satisfaction.
Illinois Tool Works (NYSE: ITW) is set to release its Q4 and full year 2021 results on February 3, 2022, at 7:00 a.m. CST. A webcast to discuss these results will follow at 9:00 a.m. CST. ITW, a leader in industrial manufacturing with revenues of $12.6 billion in 2020, operates seven segments that leverage its unique business model for growth and margin optimization. Interested parties can access the webcast through the provided link and participate via a conference call. A replay will also be available after the event.
Amphenol Corporation (NYSE: APH) has acquired Halo Technology Limited for approximately $715 million. Halo, based in Tustin, California, specializes in fiber optic interconnect components, with expected 2021 sales of $250 million. This acquisition aligns with Amphenol's strategy to enhance its high-speed interconnect solutions, targeting IT and data communications markets that are expanding due to increased data traffic. The deal is expected to be accretive to Amphenol's earnings per share in the first year. Additionally, Amphenol announced the completion of the sale of its MTS Test & Simulation business to Illinois Tool Works Inc. (NYSE: ITW).
Illinois Tool Works (ITW) has successfully completed its acquisition of the MTS Test & Simulation business from Amphenol Corporation. This strategic move is expected to enhance ITW's capabilities in advanced testing and simulation solutions, thereby expanding its product offerings and market reach.