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Regents Gate Capital LLP Sells 22,390 Shares of Illinois Tool Works Inc. $ITW
Regents Gate Capital LLP significantly reduced its stake in Illinois Tool Works Inc. by selling 22,390 shares, representing a 45.6% cut in its holdings. This move leaves the institutional investor with 26,733 shares, valued at approximately $6.97 million. Concurrently, several Illinois Tool Works executives engaged in insider selling, while the company reported strong quarterly earnings, beat EPS estimates, and announced a quarterly dividend of $1.61.