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Top 5 Companies in the Industrial Machinery Industry With the Highest Level of Cash (ITW, IR, FTV, PH, DOV)

By James Quinn

Below are the three companies in the Industrial Machinery industry with the highest cash equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.

Illinois Tool Wo ranks highest with a CE of $3,000. Ingersoll-Rand is next with a CE of $2,000. Fortive Corp ranks third highest with a CE of $962.

Parker Hannifin follows with a CE of $924, and Dover Corp rounds out the top five with a CE of $754.

SmarTrend is tracking the current trend status for Illinois Tool Wo and will alert subscribers who have ITW in their portfolio or watchlist when shares have changed trend direction.

Keywords: highest level of cash illinois tool wo Ingersoll-Rand :ftv fortive corp parker hannifin dover corp

Ticker(s): ITW IR PH DOV