Illinois Tool Works, Inc’s filing revealed that its Officer O’HERLIHY CHRISTOPHER A acquired Company’s shares for reported $13.29 million on Mar 07 ’25. In the deal valued at $274.37 per share,48,453 shares were bought.
Then, Larsen Michael M bought 41,472 shares, generating $11,249,520 in total proceeds.
Before that, SANTI ERNEST SCOTT sold 73,453 shares. Illinois Tool Works, Inc shares valued at $19,440,639 were divested by the Director at a price of $264.67 per share. As a result of the transaction, SANTI ERNEST SCOTT now holds 260,224 shares, worth roughly $71.43 million.
Deutsche Bank upgraded its Illinois Tool Works, Inc [ITW] rating to a Hold from a a Sell in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who increased its forecast for the stock in early December from “an Underweight” to “an Equal weight”. Evercore ISI also remained covering ITW and has decreased its forecast on November 13, 2024 with a “an Underperform” recommendation from previously “an In-line” rating. Truist started covering the stock on March 14, 2024. It rated ITW as “a Buy”.
Price Performance Review of ITW
On Friday, Illinois Tool Works, Inc [NYSE:ITW] saw its stock jump 3.53% to $274.48. Over the last five days, the stock has gained 3.98%. Illinois Tool Works, Inc shares have risen nearly 8.25% since the year began. Nevertheless, the stocks have risen 6.44% over the past one year. While a 52-week high of $279.13 was reached on 03/07/25, a 52-week low of $232.77 was recorded on 01/10/25. SMA at 50 days reached $257.90, while 200 days put it at $254.10.
Levels Of Support And Resistance For ITW Stock
The 24-hour chart illustrates a support level at 267.46, which if violated will result in even more drops to 260.44. On the upside, there is a resistance level at 278.41. A further resistance level may holdings at 282.34. The Relative Strength Index (RSI) on the 14-day chart is 65.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.52, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 4.02%. Stochastics %K at 76.32% indicates the stock is a holding.
