Roberts Glore & Co. Inc. IL Takes Position in Illinois Tool Works Inc. $ITW

Posted by Stanley Muller on Aug 26th, 2026

Roberts Glore & Co. Inc. IL purchased a new position in shares of Illinois Tool Works Inc. (NYSE:ITW – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 12,163 shares of the industrial products company’s stock, valued at approximately $3,290,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ITW. Cresta Advisors Ltd. bought a new position in Illinois Tool Works during the 4th quarter worth approximately $25,000. Motiv8 Investments LLC bought a new position in Illinois Tool Works during the fourth quarter worth $27,000. Kemnay Advisory Services Inc. bought a new position in Illinois Tool Works during the fourth quarter worth $27,000. Abound Wealth Management boosted its holdings in Illinois Tool Works by 178.6% in the second quarter. Abound Wealth Management now owns 117 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 75 shares during the period. Finally, Wilkerson Advisory Group LLC increased its stake in Illinois Tool Works by 77.6% during the first quarter. Wilkerson Advisory Group LLC now owns 119 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 52 shares during the last quarter. 79.77% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. UBS Group reissued a “neutral” rating and set a $300.00 target price on shares of Illinois Tool Works in a report on Wednesday, July 29th. Truist Financial boosted their price objective on shares of Illinois Tool Works from $280.00 to $301.00 and gave the company a “hold” rating in a research report on Thursday, July 2nd. Wells Fargo & Company increased their price objective on shares of Illinois Tool Works from $245.00 to $255.00 and gave the stock an “underweight” rating in a research note on Monday, May 4th. Citigroup reissued a “neutral” rating on shares of Illinois Tool Works in a report on Monday, July 13th. Finally, Weiss Ratings raised Illinois Tool Works from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $281.25.

Read Our Latest Analysis on ITW

Illinois Tool Works Stock Down 0.8%

ITW stock opened at $281.78 on Wednesday. The stock has a market cap of $80.25 billion, a PE ratio of 25.55, a price-to-earnings-growth ratio of 4.80 and a beta of 0.99. The firm’s 50-day simple moving average is $278.75 and its 200 day simple moving average is $271.54. Illinois Tool Works Inc. has a fifty-two week low of $238.82 and a fifty-two week high of $303.15. The company has a quick ratio of 0.81, a current ratio of 1.11 and a debt-to-equity ratio of 2.26.

Illinois Tool Works (NYSE:ITW – Get Free Report) last posted its earnings results on Tuesday, July 28th. The industrial products company reported $2.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.80 by $0.04. Illinois Tool Works had a net margin of 19.39% and a return on equity of 101.72%. The firm had revenue of $4.30 billion during the quarter, compared to analyst estimates of $4.19 billion. During the same period in the previous year, the business posted $2.58 EPS. Illinois Tool Works’s revenue was up 6.1% on a year-over-year basis. Illinois Tool Works has set its FY 2026 guidance at 11.350-11.550 EPS. As a group, sell-side analysts predict that Illinois Tool Works Inc. will post 11.45 EPS for the current year.

Illinois Tool Works Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Wednesday, September 30th will be given a dividend of $1.72 per share. This is a boost from Illinois Tool Works’s previous quarterly dividend of $1.61. This represents a $6.88 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Wednesday, September 30th. Illinois Tool Works’s payout ratio is presently 58.39%.

Insider Buying and Selling

In related news, Director Ernest Scott Santi sold 41,431 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $287.09, for a total value of $11,894,425.79. Following the sale, the director directly owned 266,288 shares in the company, valued at $76,448,621.92. This trade represents a 13.46% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Matteo C. Pigozzo sold 277 shares of Illinois Tool Works stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $289.22, for a total value of $80,113.94. Following the sale, the chief accounting officer directly owned 3,394 shares in the company, valued at $981,612.68. The trade was a 7.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.83% of the company’s stock.

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.