Lifeworks Advisors LLC Sells 2,551 Shares of Illinois Tool Works Inc. $ITW

Posted by Brian Himes on Jul 13th, 2026

Lifeworks Advisors LLC lessened its holdings in shares of Illinois Tool Works Inc. (NYSE:ITW – Free Report) by 11.3% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 20,007 shares of the industrial products company’s stock after selling 2,551 shares during the period. Lifeworks Advisors LLC’s holdings in Illinois Tool Works were worth $5,208,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Hudson Bay Capital Management LP raised its position in shares of Illinois Tool Works by 123.4% during the third quarter. Hudson Bay Capital Management LP now owns 23,063 shares of the industrial products company’s stock valued at $6,014,000 after buying an additional 12,741 shares during the last quarter. Y.D. More Investments Ltd acquired a new stake in Illinois Tool Works during the fourth quarter worth about $2,498,000. Gradient Investments LLC increased its stake in Illinois Tool Works by 691.3% during the fourth quarter. Gradient Investments LLC now owns 62,677 shares of the industrial products company’s stock valued at $15,437,000 after acquiring an additional 54,756 shares during the period. Orser Capital Management LLC acquired a new position in Illinois Tool Works in the 4th quarter valued at approximately $979,000. Finally, Aberdeen Group plc lifted its position in shares of Illinois Tool Works by 4.7% in the 4th quarter. Aberdeen Group plc now owns 245,504 shares of the industrial products company’s stock worth $60,468,000 after acquiring an additional 11,035 shares during the period. Institutional investors and hedge funds own 79.77% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on ITW. Evercore decreased their price objective on Illinois Tool Works from $296.00 to $272.00 in a report on Monday, May 11th. JPMorgan Chase & Co. reduced their target price on Illinois Tool Works from $303.00 to $295.00 and set an “overweight” rating for the company in a research report on Friday, May 1st. Wolfe Research reiterated an “underperform” rating and set a $286.00 price target on shares of Illinois Tool Works in a research note on Thursday. The Goldman Sachs Group restated a “sell” rating and issued a $254.00 price objective on shares of Illinois Tool Works in a research note on Thursday, April 30th. 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 equities research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average target price of $272.85.

Read Our Latest Analysis on Illinois Tool Works

Insider Buying and Selling

In other news, Director Jennifer F. Scanlon purchased 806 shares of Illinois Tool Works stock in a transaction on Tuesday, June 2nd. The shares were purchased at an average cost of $247.99 per share, for a total transaction of $199,879.94. Following the completion of the transaction, the director directly owned 1,652 shares in the company, valued at approximately $409,679.48. This represents a 95.27% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.83% of the stock is currently owned by company insiders.

Illinois Tool Works Stock Performance

Shares of NYSE:ITW opened at $269.18 on Monday. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.19 and a quick ratio of 0.86. The business’s fifty day moving average price is $258.05 and its two-hundred day moving average price is $265.32. Illinois Tool Works Inc. has a fifty-two week low of $238.82 and a fifty-two week high of $303.15. The stock has a market capitalization of $77.44 billion, a price-to-earnings ratio of 24.99, a price-to-earnings-growth ratio of 4.62 and a beta of 1.00.

Illinois Tool Works (NYSE:ITW – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The industrial products company reported $2.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $4.01 billion. During the same period last year, the business earned $2.38 earnings per share. The business’s revenue 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, analysts predict that Illinois Tool Works Inc. will post 11.37 EPS for the current fiscal year.

Illinois Tool Works Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Tuesday, June 30th were issued a dividend of $1.61 per share. This represents a $6.44 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Tuesday, June 30th. Illinois Tool Works’s dividend payout ratio (DPR) is currently 59.80%.

Illinois Tool Works Company Profile

(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.