Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Technical Reports on Machinery Stocks -- Cummins, Illinois Tool Works, Dover, and Xylem

ITW, DOV, CMI, XYL

PR Newswire

NEW YORK, February 17, 2017 /PRNewswire/ --

In today's pre-market research, Stock-Callers.com has issued research reports on the following Diversified Machinery stocks: Cummins Inc. (NYSE: CMI), Illinois Tool Works Inc. (NYSE: ITW), Dover Corp. (NYSE: DOV), and Xylem Inc. (NYSE: XYL). These companies are part of the Industrial Goods sector, which is engaged in the manufacture and sale of heavy equipment for things like defense and construction. Download the free research reports on these stocks today:

http://stock-callers.com/registration

Cummins  

Columbus, Indiana headquartered Cummins Inc.'s stock finished Thursday's session 0.16% higher at $152.18. A total volume of 1.55 million shares was traded, which was above their three months average volume of 1.40 million shares. The Company's shares have advanced 8.78% in the past month, 11.28% in the previous three months, and 11.35% on an YTD basis. The stock is trading 6.75% above its 50-day moving average and 20.61% above its 200-day moving average. Additionally, shares of Cummins, which designs, manufactures, distributes, and services diesel and natural gas engines, and engine-related component products, have a Relative Strength Index (RSI) of 71.61.

On January 19th, 2017, research firm Longbow upgraded the Company's stock rating from 'Neutral' to 'Buy'.

On February 14th, 2017, Cummins' Board of Directors declared a quarterly common stock cash dividend of $1.025 per share, payable on March 06th, 2017, to shareholders of record on February 24th, 2017. See our free and comprehensive research report on CMI at:

http://stock-callers.com/registration/?symbol=CMI


Illinois Tool Works  

On Thursday, shares in Glenview, Illinois headquartered Illinois Tool Works Inc. recorded a trading volume of 1.19 million shares. The stock ended the session 0.39% higher at $130.26. The Company's shares have advanced 5.34% in the last one month, 4.78% over the previous three months, and 6.37% since the start of this year. The stock is trading 3.93% above its 50-day moving average and 12.49% above its 200-day moving average. Moreover, shares of Illinois Tool Works, which manufactures and sells industrial products and equipment worldwide, have an RSI of 72.09.

On February 10th, 2017, Illinois Tool Works' Board of Directors declared a dividend on the Company's common stock of $0.65 per share for Q1 FY17. The dividend equates to $2.60 per share on a full-year basis. The dividend will be paid on April 11th, 2017, to shareholders of record as of March 31st, 2017. ITW free research report PDF is just a click away at:

http://stock-callers.com/registration/?symbol=ITW


Dover  

Shares in Downers Grove, Illinois headquartered Dover Corp. closed the day 0.21% lower at $79.98. The stock recorded a trading volume of 798,210 shares. The Company's shares have gained 2.02% in the last month, 12.45% in the previous three months, and 6.74% on an YTD basis. The stock is trading 3.18% and 12.21% above its 50-day and 200-day moving averages, respectively. 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 59.03.

On January 27th, 2017, research firm Stifel reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $76 a share to $85 a share.

On February 14th, 2017, Dover announced that it has completed the sale of its Performance Motorsports International unit (PMI) headquartered in Mentor, Ohio, to Race Winning Brands, a portfolio company of Kinderhook Industries, LLC for total consideration of $150 million, which includes Dover`s retention of a minority ownership interest in the ongoing business. PMI is a leading manufacturer of pistons and other engine related components serving the motorsports and powersports markets. Sign up for your complimentary report on DOV at:

http://stock-callers.com/registration/?symbol=DOV


Xylem  

At the close of trading on Thursday, shares in Rye Brook, New York headquartered Xylem Inc. finished 0.17% higher at $47.75. The stock recorded a trading volume of 1.18 million shares. The Company's shares are trading below their 200-day moving average by 0.89%. Furthermore, shares of Xylem, which engages in the design, manufacture, and application of engineered technologies for the water and wastewater applications, have an RSI of 43.52.

On February 02nd, 2017, Xylem reported Q4 2016 net income of $50 million, or $0.28 per share. The Company delivered adjusted net income of $118 million, or $0.66 per share, in Q4 2016, up 10% on a y-o-y basis. Xylem's revenue was $1.1 billion for Q4 2016, up 10% due to the contribution of the Sensus business, which was acquired on October 31st, 2016. For the full year 2016, Xylem generated $3.8 billion in revenue, up 3% on a reported basis and 1% organically. Full-year 2016 reported net income was $260 million, or $1.45 per share, with an operating margin of 10.8%.

On February 03rd, 2017, research firm Boenning & Scattergood upgraded the Company's stock rating from 'Neutral' to 'Outperform'. Register for free on Stock-Callers.com and download the latest research report on XYL at:

http://stock-callers.com/registration/?symbol=XYL

--

Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number:  +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today