Tag: ITW

  • Diversified Machinery New Highs: 3M Co (NYSE:MMM), Illinois Tool Works Inc. (NYSE:ITW), Cummins Inc. (NYSE:CMI), Dover Corp (NYSE:DOV)

    3M Co. (NYSE:MMM), the maker of Scotch Tape and Post-it notes, received its 100,000th patent, the St. Paul, Minnesota-based company said in a statement May 7. The company gets about 3,000 patents a year, with more than 500 of them issued in the U.S., according to the statement. 3M Co (NYSE:MMM) net profit margin is 15.20% and weekly performance is 1.57%. On last trading day company shares ended up $142.82. Analysts mean target price for the company is $144.99. 3M Co (NYSE:MMM) distance from 50-day simple moving average (SMA50) is 5.49%.

    Illinois Tool Works Inc. (NYSE:ITW) reported on 1st May that it had successfully completed its previously announced sale transaction of its “Industrial Packaging Segment” to “The Carlyle Group. From this sale exercise, the diversified machinery manufacturer raised $3.2 billion as proceeds. Illinois Tool Works Inc. (NYSE:ITW) shares advanced 1.09% in last trading session and ended the day on $87.17. ITW gross Margin is 39.60% and its return on assets is 10.90%.Illinois Tool Works Inc. (NYSE:ITW) quarterly performance is 11.20%.

    yesterday Cummins Inc. (NYSE:CMI) Chairman and CEO Tom Linebarger outlined the Company’s most extensive plan to date for environmental sustainability, including specific goals for reducing waste, water and energy. Cummins Inc. (NYSE:CMI) shares moved up 2.25% in last trading session and was closed at $153.32, while trading in range of $150.52 – $153.49. Cummins Inc. (NYSE:CMI) year to date (YTD) performance is 9.24%.

    Dover Corp (NYSE:DOV) announced that President and Chief Executive Officer, Robert A. Livingston will be presenting at the Electrical Products Group Conference in Longboat Key, Florida on Tuesday, May 20 at 1:15 p.m. Eastern time. Dover Corp (NYSE:DOV) ended the last trading day at $87.23. Company weekly volatility is calculated as 1.71% and price to cash ratio as 29.88.Dover Corp (NYSE:DOV) showed a positive weekly performance of 1.60%.