Illinois Tool Works Inc. (NYSE:ITW) Receives Average Rating of “Reduce” from Brokerages

Posted by Brenda Bartman on Sep 17th, 2026

Shares of Illinois Tool Works Inc. (NYSE:ITW – Get Free Report) have been given an average rating of “Reduce” by the thirteen brokerages that are currently covering the company, Marketbeat.com reports. Five analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $281.25.

A number of research firms have issued reports on ITW. Truist Financial lifted their target price on shares of Illinois Tool Works from $280.00 to $301.00 and gave the company a “hold” rating in a research note on Thursday, July 2nd. Weiss Ratings upgraded shares of Illinois Tool Works from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, August 11th. Robert W. Baird raised their price target on shares of Illinois Tool Works from $278.00 to $297.00 and gave the company a “neutral” rating in a report on Wednesday, July 29th. Wolfe Research reiterated an “underperform” rating and issued a $286.00 price objective on shares of Illinois Tool Works in a report on Thursday, July 9th. Finally, Citigroup reissued a “neutral” rating on shares of Illinois Tool Works in a research report on Monday, July 13th.

Read Our Latest Report on ITW

Insider Buying and Selling

In related news, CAO Matteo Pigozzo sold 277 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $289.22, for a total value of $80,113.94. Following the completion of the sale, the chief accounting officer directly owned 3,394 shares in the company, valued at approximately $981,612.68. The trade was a 7.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Ernest Santi sold 41,431 shares of the company’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 of the company’s stock, valued at $76,448,621.92. The trade was a 13.46% decrease in their position. The SEC filing for this sale provides additional information. 0.83% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Illinois Tool Works

Several large investors have recently made changes to their positions in the business. Anchor Investment Management LLC grew its stake in shares of Illinois Tool Works by 2.5% in the second quarter. Anchor Investment Management LLC now owns 4,682 shares of the industrial products company’s stock worth $1,266,000 after acquiring an additional 113 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in Illinois Tool Works by 0.6% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 11,217 shares of the industrial products company’s stock valued at $3,034,000 after purchasing an additional 65 shares during the last quarter. MCF Advisors LLC raised its stake in Illinois Tool Works by 2.1% during the 2nd quarter. MCF Advisors LLC now owns 2,281 shares of the industrial products company’s stock valued at $620,000 after purchasing an additional 48 shares during the last quarter. National Pension Service boosted its holdings in Illinois Tool Works by 2.5% in the 2nd quarter. National Pension Service now owns 733,107 shares of the industrial products company’s stock valued at $198,283,000 after purchasing an additional 17,921 shares during the period. Finally, Engineers Gate Manager LP grew its position in Illinois Tool Works by 18.6% in the 2nd quarter. Engineers Gate Manager LP now owns 16,628 shares of the industrial products company’s stock worth $4,497,000 after purchasing an additional 2,611 shares during the last quarter. Institutional investors and hedge funds own 79.77% of the company’s stock.

Illinois Tool Works Stock Down 0.5%

ITW opened at $267.20 on Friday. The company has a market capitalization of $76.10 billion, a PE ratio of 24.23, a price-to-earnings-growth ratio of 2.88 and a beta of 0.98. The company has a debt-to-equity ratio of 2.26, a current ratio of 1.11 and a quick ratio of 0.81. Illinois Tool Works has a fifty-two week low of $238.82 and a fifty-two week high of $303.15. The business has a 50-day moving average of $279.95 and a 200-day moving average of $268.96.

Illinois Tool Works (NYSE:ITW – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $2.84 EPS for the quarter, beating the consensus estimate of $2.80 by $0.04. Illinois Tool Works had a return on equity of 101.72% and a net margin of 19.39%.The business had revenue of $4.30 billion during the quarter, compared to analysts’ expectations of $4.19 billion. During the same quarter in the previous year, the business posted $2.58 EPS. The firm’s quarterly revenue was up 6.1% compared to the same quarter last year. Illinois Tool Works has set its FY 2026 guidance at 11.350-11.550 EPS. Equities research analysts forecast that Illinois Tool Works will post 11.43 EPS for the current fiscal year.

Illinois Tool Works Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Wednesday, September 30th will be issued a dividend of $1.72 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $6.88 dividend on an annualized basis and a dividend yield of 2.6%. This is a positive change from Illinois Tool Works’s previous quarterly dividend of $1.61. Illinois Tool Works’s payout ratio is currently 58.39%.

Illinois Tool Works Company Profile

(Get Free Report)

Illinois Tool Works Inc (NYSE: ITW) is a diversified industrial manufacturer that develops and produces specialized equipment, components, consumables and related solutions for businesses worldwide. Its products are used across industries including automotive, food service, construction, electronics, welding and general manufacturing.

The company operates through several business segments, including Automotive, Food Equipment, Test & Measurement and Electronics, Welding, Polymers & Fluids, Construction Products, and Specialty Products.