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flag Illinois Tool Works posted strong Q1 earnings of $2.38 per share, exceeding forecasts and boosting its stock.

flag Illinois Tool Works Inc. (ITW) reported strong first-quarter earnings, beating estimates with $2.38 per share, and its stock opened at $261.87. flag The company saw varied investor activity, with Kovack Advisors and Angeles Wealth Management reducing holdings, while HB Wealth Management and Mirae Asset Global Investments increased theirs. flag ITW's market cap is $76.73 billion, and analysts forecast 10.39 EPS for the fiscal year. flag The company also reported a 12.3% increase in net income.

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