Analyst Coverage

Firm Analyst Phone
Baird Mircea (Mig) Dobre +1 414 298 6138
Bank of America Merrill Lynch Ross Gilardi +1 646 855 2454
BMO Joel Tiss +1 212 883 5112
Citi Research Andrew Kaplowitz +1 212 816 0642
Credit Suisse Jamie Cook +1 212 538 6098
Deutsche Bank Nicole DeBlase +1 212 250 5916
Evercore ISI David Raso +1 212 446 5647
Goldman Sachs Joe Ritchie +1 212 357 8914
Gordon Haskett John G. Inch +1 212 404 0607
Jefferies Stephen Volkmann +1 212 284 2031
J.P. Morgan Securities Ann Duignan +1 212 622 0381
Melius Research Scott Davis +1 212-503-6200
Morgan Stanley Josh Pokrzywinski +1 212 761 4645
Morningstar Keith Schoonmaker +1 312 696 6381
Northcoast Research Tom Hayes +1 216 242 2366
RBC Capital Markets Seth Weber +1 212 618 7545
Seaport Global Walt Liptak +1 312 706 2704
Stifel Nathan Jones +1 303 291 5208
UBS Steven Fisher +1 212 713 8634
Vertical Research Partners Jeff Sprague +1 203 276 5665
Wells Fargo Andrew Casey +1 617 603 4265
Wolfe Research Nigel Coe +1 646 582 9259

Illinois Tool Works Inc. is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Illinois Tool Works Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Illinois Tool Works Inc. or its management. Illinois Tool Works Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.