Illinois Tool Works Inc. will announce Q4 and full year 2024 results on February 5, 2025, via webcast.
Quiver AI Summary
Illinois Tool Works Inc. (ITW) will announce its fourth quarter and full year 2024 financial results on February 5, 2025, at 7:00 a.m. CST, followed by an earnings webcast at 9:00 a.m. CST. Participants can join the call by dialing the provided numbers and using the passcode "ITW." A replay of the webcast and audio-only version will be available after the event. ITW, a Fortune 300 company, reported $16.1 billion in revenue for 2023 and operates in seven segments, emphasizing innovative, customer-focused solutions supported by a decentralized organizational culture. For further details, interested parties can access ITW's investor relations website.
Potential Positives
- Illinois Tool Works will provide a detailed update on its financial performance for Q4 and full year 2024, indicating transparency and timely communication with stakeholders.
- The company continues to leverage its established ITW Business Model, which has historically driven solid growth and best-in-class margins, showcasing its competitive advantage in the multi-industrial manufacturing sector.
- As a Fortune 300 company with significant revenues, ITW signals stability and prominence in the market, attracting attention from potential investors and partners.
- The scheduled earnings webcast allows for direct engagement and accessibility for investors and analysts, promoting investor relations and fostering trust in the company’s governance.
Potential Negatives
- None
FAQ
When will Illinois Tool Works release its Q4 and full year 2024 results?
Illinois Tool Works will issue its fourth quarter and full year 2024 results on February 5, 2025, at 7:00 a.m. CST.
How can I access the ITW Q4 2024 earnings webcast?
You can access the earnings webcast by following the link to the ITW Q4 2024 Earnings Webcast provided in the press release.
What is the passcode for the ITWearnings conference call
The passcode for the conference call is "ITW." Be sure to dial in 10 minutes before the call starts at 9:00 a.m. CST.
How long will the audio replay of the ITWearnings callbe available?
The audio-only replay will be available from February 5 through February 12, 2025.
What information can I find about ITW on its investor relations website?
You can find presentation materials, an audio webcast replay, and other investor relations information at http://investor.itw.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ITW Congressional Stock Trading
Members of Congress have traded $ITW stock 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $ITW stock by members of Congress over the last 6 months:
- REPRESENTATIVE C. SCOTT FRANKLIN has traded it 2 times. They made 2 purchases worth up to $115,000 on 09/25 and 0 sales.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$ITW Insider Trading Activity
$ITW insiders have traded $ITW stock on the open market 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $ITW stock by insiders over the last 6 months:
- DAVID BYRON JR SMITH purchased 635 shares.
- MARY KATHERINE LAWLER (SVP & Chief HR Officer) sold 11,647 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ITW Hedge Fund Activity
We have seen 686 institutional investors add shares of $ITW stock to their portfolio, and 760 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CORIENT PRIVATE WEALTH LLC added 684,707 shares (+109.8%) to their portfolio in Q3 2024
- FIRST TRUST ADVISORS LP removed 673,738 shares (-74.5%) from their portfolio in Q3 2024
- WELLINGTON MANAGEMENT GROUP LLP removed 517,148 shares (-96.8%) from their portfolio in Q3 2024
- FRANKLIN RESOURCES INC added 398,676 shares (+41.0%) to their portfolio in Q3 2024
- MILLENNIUM MANAGEMENT LLC removed 357,937 shares (-76.1%) from their portfolio in Q3 2024
- QUBE RESEARCH & TECHNOLOGIES LTD removed 344,066 shares (-28.7%) from their portfolio in Q3 2024
- INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC removed 321,979 shares (-99.6%) from their portfolio in Q4 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
GLENVIEW, Ill., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) will issue its fourth quarter and full year 2024 results on Wednesday, February 5, 2025 at 7:00 a.m. CST. Following the release, ITW will hold its fourth quarter and full year 2024 earnings webcast at 9:00 a.m. CST.
To access the webcast for the event, please click on the following link:
ITW Q4 2024 Earnings Webcast
If you are a participant on the conference call, please dial 1-888-660-6652 (domestic) or 1-646-960-0554 (international) 10 minutes prior to the 9:00 a.m. CST start time. The passcode is “ITW.”
Following the webcast, presentation materials and an audio webcast replay will be available at
http://investor.itw.com
. An audio-only replay will be available from February 5 through February 12 by dialing 1-800-770-2030 (domestic) or 1-609-800-9909 (international). The passcode is 2756156.
About Illinois Tool Works
ITW (NYSE: ITW) is a Fortune 300 global multi-industrial manufacturing leader with revenue of $16.1 billion in 2023. The company’s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW’s approximately 45,000 dedicated colleagues around the world thrive in the company’s decentralized and entrepreneurial culture.
www.itw.com
Investor Relations & Media Contact
Erin Linnihan
Tel: 224.661.7451
investorrelations@itw.com
|
mediarelations@itw.com
This article was originally published on Quiver News, read the full story.
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