Illinois Tool Works, Inc’s filing revealed that its Former Officer Schott Jennifer Kaplan acquired Company’s shares for reported $0.82 million on Apr 09 ’25. In the deal valued at $235.00 per share,3,500 shares were bought.
Then, O’HERLIHY CHRISTOPHER A sold 48,453 shares, generating $13,293,771 in total proceeds. Upon selling the shares at $274.36, the President & CEO now owns 55,113 shares.
Before that, Larsen Michael M sold 41,472 shares. Illinois Tool Works, Inc shares valued at $11,249,470 were divested by the SVP & CFO at a price of $271.25 per share. As a result of the transaction, Larsen Michael M now holds 50,502 shares, worth roughly $11.66 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 Thursday, Illinois Tool Works, Inc [NYSE:ITW] saw its stock jump 0.45% to $230.84. Over the last five days, the stock has gained 1.78%. Illinois Tool Works, Inc shares have fallen nearly -8.96% since the year began. Nevertheless, the stocks have fallen -8.11% over the past one year. While a 52-week high of $279.13 was reached on 03/10/25, a 52-week low of $214.66 was recorded on 04/08/25. SMA at 50 days reached $251.55, while 200 days put it at $254.70.
Levels Of Support And Resistance For ITW Stock
The 24-hour chart illustrates a support level at 229.58, which if violated will result in even more drops to 228.31. On the upside, there is a resistance level at 233.02. A further resistance level may holdings at 235.19. The Relative Strength Index (RSI) on the 14-day chart is 41.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.05%. Stochastics %K at 40.39% indicates the stock is a holding.
How much short interest is there in Illinois Tool Works, Inc?
A steep rise in short interest was recorded in Illinois Tool Works, Inc stocks on 2025-03-31, growing by 0.19 million shares to a total of 6.82 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 6.62 million shares. There was a rise of 2.82%, which implies that there is a positive sentiment for the stock.
