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Illinois Tool Works beat earnings estimates, raised dividends, and saw increased investment stakes.
Several large investors increased their holdings in Illinois Tool Works Inc., including Nomura Asset Management and Mitsubishi UFJ Asset Management.
Illinois Tool Works reported earnings of $2.54 per share, beating estimates, and declared a $1.50 quarterly dividend with a yield of 2.38%.
The company operates through seven segments and has a market cap of $73.92 billion.
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Illinois Tool Works superó las estimaciones de ganancias, aumentó los dividendos y vio aumentar las inversiones en participación.