Illinois Tool Works Inc. $ITW Position Boosted by Machina Capital S.A.S.

Posted by Brenda Bartman on Nov 12th, 2026

Machina Capital S.A.S. lifted its position in shares of Illinois Tool Works Inc. (NYSE:ITW – Free Report) by 125.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,901 shares of the industrial products company’s stock after acquiring an additional 11,621 shares during the period. Illinois Tool Works makes up about 0.7% of Machina Capital S.A.S.’s portfolio, making the stock its 19th largest holding. Machina Capital S.A.S.’s holdings in Illinois Tool Works were worth $5,377,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Letson Investment Management Inc. boosted its holdings in shares of Illinois Tool Works by 1.7% in the 3rd quarter. Letson Investment Management Inc. now owns 10,495 shares of the industrial products company’s stock valued at $2,700,000 after purchasing an additional 179 shares in the last quarter. Confluence Wealth Services Inc. increased its stake in shares of Illinois Tool Works by 53.6% in the 3rd quarter. Confluence Wealth Services Inc. now owns 6,103 shares of the industrial products company’s stock valued at $1,570,000 after purchasing an additional 2,129 shares during the last quarter. Mesirow Financial Investment Management Inc. raised its holdings in shares of Illinois Tool Works by 1.2% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 29,903 shares of the industrial products company’s stock worth $7,693,000 after buying an additional 363 shares in the last quarter. Woodley Farra Manion Portfolio Management Inc. raised its holdings in shares of Illinois Tool Works by 5.2% during the 3rd quarter. Woodley Farra Manion Portfolio Management Inc. now owns 24,424 shares of the industrial products company’s stock worth $6,324,000 after buying an additional 1,215 shares in the last quarter. Finally, Lido Advisors LLC raised its holdings in shares of Illinois Tool Works by 17.3% during the 3rd quarter. Lido Advisors LLC now owns 33,775 shares of the industrial products company’s stock worth $8,690,000 after buying an additional 4,986 shares in the last quarter. Institutional investors and hedge funds own 79.77% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on ITW. Robert W. Baird upped their price objective on Illinois Tool Works from $278.00 to $297.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 29th. The Goldman Sachs Group reiterated a “sell” rating and issued a $270.00 target price on shares of Illinois Tool Works in a research report on Tuesday, October 27th. Weiss Ratings raised Illinois Tool Works from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, October 28th. JPMorgan Chase & Co. cut shares of Illinois Tool Works from an “overweight” rating to a “neutral” rating and dropped their target price for the stock from $350.00 to $270.00 in a report on Friday, October 9th. Finally, UBS Group set a $277.00 target price on shares of Illinois Tool Works in a report on Friday, October 9th. One equities research analyst has rated the stock with a Buy rating, seven have given a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Reduce” and an average target price of $276.33.

Read Our Latest Research Report on ITW

Illinois Tool Works Stock Performance

NYSE ITW opened at $288.44 on Thursday. The firm’s fifty day moving average price is $272.60 and its two-hundred day moving average price is $271.83. The stock has a market cap of $81.97 billion, a PE ratio of 25.71, a PEG ratio of 3.16 and a beta of 0.92. The company has a debt-to-equity ratio of 2.28, a quick ratio of 0.94 and a current ratio of 1.29. Illinois Tool Works Inc. has a fifty-two week low of $238.82 and a fifty-two week high of $303.15.

Illinois Tool Works (NYSE:ITW – Get Free Report) last announced its quarterly earnings results on Tuesday, October 27th. The industrial products company reported $3.00 EPS for the quarter, beating analysts’ consensus estimates of $2.97 by $0.03. Illinois Tool Works had a return on equity of 103.35% and a net margin of 19.39%. The company had revenue of $4.24 billion during the quarter, compared to analysts’ expectations of $4.26 billion. During the same period in the prior year, the company earned $2.81 EPS. Illinois Tool Works’s revenue was up 4.5% compared to the same quarter last year. On average, equities analysts expect that Illinois Tool Works Inc. will post 11.49 EPS for the current fiscal year.

Illinois Tool Works Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 15th. Investors of record on Thursday, December 31st will be given a dividend of $1.72 per share. The ex-dividend date is Thursday, December 31st. This represents a $6.88 dividend on an annualized basis and a yield of 2.4%. Illinois Tool Works’s payout ratio is currently 61.32%.

Illinois Tool Works News Summary

Investors following ITW have been watching these news items:

Negative Sentiment: Zacks cut its FY2027 EPS estimate to $12.21 from $12.33 and its FY2028 estimate to $13.08 from $13.20. It also reduced forecasts for several quarters, including Q3 2027 ($3.17 from $3.27) and Q3 2028 ($3.39 from $3.48). The revisions could pressure sentiment, although the new annual estimates still imply higher earnings in 2027 and 2028 than the cited current-year consensus of $11.49. Illinois Tool Works analyst estimates

Insider Transactions at Illinois Tool Works

In other Illinois Tool Works news, Director Ernest Santi sold 60,000 shares of the company’s stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $292.87, for a total value of $17,572,200.00. Following the completion of the transaction, the director owned 266,333 shares of the company’s stock, valued at $78,000,945.71. This represents a 18.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.83% of the stock is currently owned by insiders.

Illinois Tool Works Profile

(Free Report)

Illinois Tool Works Inc. (NYSE: ITW) is a diversified manufacturer serving industrial and commercial customers around the world. Founded in 1912, the company is known for its decentralized operating model and focus on specialized products and solutions. ITW’s businesses make products and equipment for a range of markets, including automotive, food service, construction, welding, and testing and measurement. Its offerings include food-service equipment, welding systems and consumables, automotive components, construction products, polymers and fluids, and laboratory and electronics testing equipment.