Institutional ownership trends support the "ITW stock price forecast", with large asset managers increasing their positions during the latest reporting cycle. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. Illinois Tool Works Inc. ( ITW ), headquartered in Glenview, Illinois, produces and sells industrial products and equipment. Valued at $77.9 billion by market cap, the company provides industrial fluids and adhesives, tooling for specialty applications, welding products, and quality measurement equipment and systems. Analyst revisions upward in Q2 bolstered the "ITW stock price forecast", reflecting confidence in ITW’s diversified product lineup mitigating cyclical risks.
