Glenview, Illinois-based Illinois Tool Works Inc. (ITW) designs and produces a vast array of highly engineered components, specialized equipment, and consumable systems. It is valued at a market cap of $72.6 billion.
This industrial company has considerably underperformed the broader market over the past 52 weeks. Shares of ITW have gained 3.1% over this time frame, while the broader S&P 500 Index ($SPX) has soared 24.3%. Moreover, on a YTD basis, the stock is up 2.4%, compared to SPX’s 8.1% rise.