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Sohini Mondal

Is Illinois Tool Works Stock Underperforming the S&P 500?

Illinois Tool Works Illinois ITW

Valued at a market cap of $76.6 billion, Illinois Tool Works Inc. (ITW) is a manufacturer of a diversified range of industrial products and equipment worldwide. Based in Glenview, Illinois, the company operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products.

Companies valued at $10 billion or more are generally classified as “large-cap” stocks and Illinois Tool Works fits this description perfectly. The company is a Fortune 300 global multi-industrial manufacturing leader with production for engineered fasteners and components and specialty products.

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