Illinois Tool Works
Shares in Illinois headquartered Illinois Tool Works Inc. ended Friday's session 1.04% higher at $122.88 with a total trading volume of 958,592 shares. The stock has advanced 3.31% over the previous three months and 0.34% on an YTD basis. The Company's shares are trading 0.92% above their 50-day moving average and 9.29% above their 200-day moving average. Moreover, shares of Illinois Tool Works, which manufactures and sells industrial products and equipment worldwide, have a Relative Strength Index (RSI) of 50.03.
On December 02nd, 2016, Illinois Tool Works provided an update on its Enterprise Strategy and future performance goals. The Company also initiated FY17 guidance and expects EPS to be in the range of $6.00 to $6.20, up 9% y-o-y at the midpoint, as well as organic growth between 1.5% to 3.5%. Additionally, the Company reaffirmed its FY16 guidance. ITW complete research report is just a click away and free at:
Downers Grove, Illinois headquartered Dover Corp.'s shares rose 1.55%, closing the day at $77.72. A total volume of 2.52 million shares was traded, which was above their three months average volume of 1.55 million shares. The stock has advanced 4.01% in the last month, 6.11% in the previous three months, and 3.72% on an YTD basis. The Company's shares are trading 7.49% above their 50-day moving average and 12.29% above their 200-day moving average. Additionally, shares of Dover, which manufactures and sells a range of equipment and components, specialty systems, and support services in the US and internationally, have an RSI of 67.66.
On December 12th, 2016, Dover announced that it has completed its previously announced acquisition of Wayne Fueling Systems Ltd. Wayne is a global provider of fuel dispensing, payment, systems and aftermarket services for retail and commercial fuel stations. In connection with the completion of the acquisition, the Company expects to divest Wayne`s small distribution business in the UK in the near future. This divesture is being undertaken to address the UK's Competition and Markets Authority's concerns related to competitive overlap in the UK.
On January 06th, 2017, research firm UBS upgraded the Company's stock rating from 'Sell' to 'Buy' while revising its previous target price from $65 a share to $90 a share. The complimentary report on DOV can be downloaded at:
Last Friday, shares in White Plains, New York headquartered ITT Inc. climbed 1.37%, closing the session at $40.57. The stock recorded a trading volume of 793,711 shares, which was higher than its three months average volume of 692,030 shares. The Company's shares have advanced 12.01% over the previous three months and 5.19% since the start of this year. The stock is trading 4.90% above its 50-day moving average and 13.39% above its 200-day moving average. Furthermore, shares of ITT Inc., which manufactures and sells engineered critical components and customized technology solutions for the energy, transportation, and industrial markets worldwide, have an RSI of 58.65.
On January 05th, 2017, ITT announced that Luca Savi has been named Chief Operating Officer. In addition, unrelated to the structural change, ITT's Industrial Process President Aris Chicles has announced he will be leaving the Company. Sign up for your complimentary research report on ITT at:
Sarasota, Florida-based Roper Technologies Inc.'s stock finished the session 1.40% higher at $187.87. A total volume of 647,795 shares was traded, which was higher than their three months average volume of 645,550 shares. The Company's shares have advanced 2.63% in the last month, 3.62% in the previous three months, and 2.62% on YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.03% and 6.66%, respectively. Additionally, shares of Roper Technologies, which designs and develops license and software-as-a-service software, and engineered products and solutions, have an RSI of 66.01.
On December 28th, 2016, Roper Technologies announced that it has completed its previously announced acquisition of Deltek. The Company funded the acquisition with proceeds from its recent notes offering, borrowings under its credit facility and cash on hand. Deltek is the leading global provider of software and information solutions for project-based businesses serving niche markets, including government contractors and professional services firms.
On January 06th, 2017, research firm Oppenheimer upgraded the Company's stock rating from 'Perform' to 'Outperform'. Get free access to your research report on ROP at:
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