MV Capital Management Inc. Acquires Shares of 3,116 Illinois Tool Works Inc. $ITW

Posted by George Bondi on Jun 19th, 2026

MV Capital Management Inc. bought a new position in Illinois Tool Works Inc. (NYSE:ITW – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,116 shares of the industrial products company’s stock, valued at approximately $767,000.

Several other institutional investors and hedge funds have also modified their holdings of ITW. Cresta Advisors Ltd. purchased a new stake in shares of Illinois Tool Works during the fourth quarter worth $25,000. Motiv8 Investments LLC purchased a new position in Illinois Tool Works in the fourth quarter valued at about $27,000. Kemnay Advisory Services Inc. acquired a new position in Illinois Tool Works in the 4th quarter worth about $27,000. Lodestone Wealth Management LLC acquired a new position in Illinois Tool Works in the 4th quarter worth about $28,000. Finally, Beacon Financial Strategies CORP purchased a new stake in shares of Illinois Tool Works during the 4th quarter worth about $29,000. 79.77% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Citigroup lifted their price target on Illinois Tool Works from $284.00 to $287.00 and gave the company a “neutral” rating in a report on Monday, May 4th. Evercore cut their price objective on shares of Illinois Tool Works from $296.00 to $272.00 in a research report on Monday, May 11th. The Goldman Sachs Group reiterated a “sell” rating and issued a $254.00 target price on shares of Illinois Tool Works in a research note on Thursday, April 30th. Barclays decreased their target price on shares of Illinois Tool Works from $275.00 to $250.00 and set an “underweight” rating for the company in a research report on Wednesday, April 1st. Finally, Weiss Ratings downgraded shares of Illinois Tool Works from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. One research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat.com, Illinois Tool Works currently has a consensus rating of “Reduce” and an average target price of $271.92.

Get Our Latest Stock Analysis on ITW

Insider Activity

In other news, Director Jennifer F. Scanlon bought 806 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were acquired at an average cost of $247.99 per share, for a total transaction of $199,879.94. Following the purchase, the director owned 1,652 shares of the company’s stock, valued at $409,679.48. This represents a 95.27% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.83% of the company’s stock.

Illinois Tool Works Stock Performance

Shares of NYSE ITW opened at $264.38 on Friday. The business’s 50-day simple moving average is $258.59 and its 200-day simple moving average is $263.43. The company has a debt-to-equity ratio of 2.04, a quick ratio of 0.86 and a current ratio of 1.19. Illinois Tool Works Inc. has a 52 week low of $238.82 and a 52 week high of $303.15. The firm has a market cap of $76.06 billion, a price-to-earnings ratio of 24.55, a P/E/G ratio of 4.50 and a beta of 1.01.

Illinois Tool Works (NYSE:ITW – Get Free Report) last posted its earnings results on Thursday, April 30th. The industrial products company reported $2.66 earnings per share for the quarter, topping the consensus estimate of $2.57 by $0.09. Illinois Tool Works had a return on equity of 97.36% and a net margin of 19.32%.The firm had revenue of $4.02 billion during the quarter, compared to analyst estimates of $4.01 billion. During the same period in the previous year, the company earned $2.38 EPS. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. Illinois Tool Works has set its FY 2026 guidance at 11.100-11.500 EPS. As a group, equities research analysts expect that Illinois Tool Works Inc. will post 11.37 earnings per share for the current fiscal year.

Illinois Tool Works Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Tuesday, June 30th will be paid a $1.61 dividend. This represents a $6.44 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Tuesday, June 30th. Illinois Tool Works’s payout ratio is presently 59.80%.

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.