Swiss Life Asset Management Ltd Has $17.21 Million Stock Position in Illinois Tool Works Inc. $ITW

Posted by Brenda Bartman on May 12th, 2026

Swiss Life Asset Management Ltd lifted its stake in shares of Illinois Tool Works Inc. (NYSE:ITW – Free Report) by 4.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 69,863 shares of the industrial products company’s stock after purchasing an additional 2,955 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in Illinois Tool Works were worth $17,207,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of ITW. Caisse de depot et placement du Quebec grew its holdings in shares of Illinois Tool Works by 293.0% during the 3rd quarter. Caisse de depot et placement du Quebec now owns 424,547 shares of the industrial products company’s stock worth $110,705,000 after purchasing an additional 316,512 shares in the last quarter. SG Americas Securities LLC boosted its stake in Illinois Tool Works by 316.3% in the fourth quarter. SG Americas Securities LLC now owns 366,012 shares of the industrial products company’s stock valued at $90,149,000 after buying an additional 278,085 shares in the last quarter. Marshall Wace LLP boosted its stake in Illinois Tool Works by 161.3% in the third quarter. Marshall Wace LLP now owns 400,152 shares of the industrial products company’s stock valued at $104,344,000 after buying an additional 246,994 shares in the last quarter. UBS Group AG boosted its stake in Illinois Tool Works by 10.7% in the fourth quarter. UBS Group AG now owns 2,101,383 shares of the industrial products company’s stock valued at $517,571,000 after buying an additional 203,863 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in Illinois Tool Works by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 26,887,218 shares of the industrial products company’s stock valued at $6,622,322,000 after buying an additional 189,229 shares in the last quarter. 79.77% of the stock is owned by institutional investors and hedge funds.

Illinois Tool Works Price Performance

Illinois Tool Works stock opened at $252.16 on Tuesday. The company has a current ratio of 1.19, a quick ratio of 0.86 and a debt-to-equity ratio of 2.04. The company has a market capitalization of $72.55 billion, a PE ratio of 23.41, a P/E/G ratio of 4.38 and a beta of 1.04. Illinois Tool Works Inc. has a 12 month low of $238.82 and a 12 month high of $303.15. The stock has a 50-day moving average price of $267.26 and a two-hundred day moving average price of $262.04.

Illinois Tool Works (NYSE:ITW – Get Free Report) last posted its earnings results on Thursday, April 30th. The industrial products company reported $2.66 EPS for the quarter, beating the consensus estimate of $2.57 by $0.09. The firm had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $4.01 billion. Illinois Tool Works had a return on equity of 97.36% and a net margin of 19.32%.The business’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period last year, the company earned $2.38 earnings per share. Illinois Tool Works has set its FY 2026 guidance at 11.100-11.500 EPS. Analysts expect that Illinois Tool Works Inc. will post 11.36 EPS for the current year.

Illinois Tool Works Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Tuesday, June 30th will be given a $1.61 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $6.44 annualized dividend and a yield of 2.6%. Illinois Tool Works’s dividend payout ratio (DPR) is currently 59.80%.

Analyst Ratings Changes

Several research firms recently weighed in on ITW. JPMorgan Chase & Co. reduced their price objective on Illinois Tool Works from $303.00 to $295.00 and set an “overweight” rating on the stock in a research note on Friday, May 1st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Illinois Tool Works in a research note on Monday, April 27th. Robert W. Baird set a $278.00 price objective on Illinois Tool Works in a research note on Wednesday, February 4th. Truist Financial raised their price objective on Illinois Tool Works from $275.00 to $280.00 and gave the company a “hold” rating in a research note on Wednesday, February 4th. Finally, The Goldman Sachs Group reaffirmed a “sell” rating and issued a $254.00 price objective on shares of Illinois Tool Works in a research note on Thursday, April 30th. Two research analysts have rated the stock with a Buy rating, six have given a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $271.92.

Check Out Our Latest Analysis on Illinois Tool Works

About Illinois Tool Works

(Free Report)

Illinois Tool Works Inc (ITW) is a diversified industrial manufacturer that designs and produces a broad array of engineered products, consumables and related service solutions for industrial customers. Its offerings span engineered fastening systems, specialty components, industrial equipment, welding products, foodservice and packaging equipment, adhesives and polymer products, and test-and-measurement technologies. These products are used as critical inputs by customers across automotive, construction, electronics, foodservice, maintenance and other industrial end markets.

The company operates a decentralized business model in which independently managed businesses focus on niche product lines and close customer relationships.