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

Posted by Stanley Muller on Jul 31st, 2026

Shares of Illinois Tool Works Inc. (NYSE:ITW – Get Free Report) have received an average recommendation of “Reduce” from the thirteen analysts that are presently covering the company, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $281.25.

Several analysts recently commented on the stock. Evercore reduced their price target on shares of Illinois Tool Works from $296.00 to $272.00 in a research report on Monday, May 11th. JPMorgan Chase & Co. lifted their price objective on shares of Illinois Tool Works from $310.00 to $350.00 and gave the company an “overweight” rating in a research note on Wednesday. Robert W. Baird upped their target price on shares of Illinois Tool Works from $278.00 to $297.00 and gave the company a “neutral” rating in a report on Wednesday. Citigroup reiterated a “neutral” rating on shares of Illinois Tool Works in a research note on Monday, July 13th. Finally, UBS Group reissued a “neutral” rating and set a $300.00 price target on shares of Illinois Tool Works in a report on Wednesday.

Check Out Our Latest Stock Report on Illinois Tool Works

Illinois Tool Works Price Performance

Shares of NYSE ITW opened at $283.87 on Friday. The company has a current ratio of 1.11, a quick ratio of 0.86 and a debt-to-equity ratio of 2.26. Illinois Tool Works has a twelve month low of $238.82 and a twelve month high of $303.15. The stock has a 50 day moving average of $265.61 and a two-hundred day moving average of $268.12. The stock has a market cap of $81.67 billion, a P/E ratio of 25.74, a P/E/G ratio of 4.97 and a beta of 1.00.

Illinois Tool Works (NYSE:ITW – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $2.84 earnings per share for the quarter, beating the consensus estimate of $2.80 by $0.04. The business had revenue of $4.30 billion during the quarter, compared to the consensus estimate of $4.19 billion. Illinois Tool Works had a return on equity of 101.72% and a net margin of 19.39%.The company’s revenue was up 6.1% compared to the same quarter last year. During the same period in the prior year, the company earned $2.58 earnings per share. Illinois Tool Works has set its FY 2026 guidance at 11.350-11.550 EPS. On average, research analysts forecast that Illinois Tool Works will post 11.5 earnings per share for the current year.

Illinois Tool Works Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Tuesday, June 30th were given a dividend of $1.61 per share. This represents a $6.44 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Tuesday, June 30th. Illinois Tool Works’s dividend payout ratio (DPR) is presently 59.80%.

Insider Buying and Selling at Illinois Tool Works

In related news, Director Jennifer F. Scanlon bought 806 shares of the stock in a transaction on Tuesday, June 2nd. The shares were bought 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 trade represents a 95.27% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.83% of the company’s stock.

Institutional Investors Weigh In On Illinois Tool Works

Several hedge funds have recently modified their holdings of ITW. Meridian Wealth Management LLC lifted its position in shares of Illinois Tool Works by 1.3% during the 4th quarter. Meridian Wealth Management LLC now owns 2,818 shares of the industrial products company’s stock valued at $694,000 after acquiring an additional 37 shares during the period. Winnow Wealth LLC grew its holdings in shares of Illinois Tool Works by 1.0% in the 4th quarter. Winnow Wealth LLC now owns 3,809 shares of the industrial products company’s stock worth $941,000 after acquiring an additional 37 shares during the period. Crown Wealth Group LLC increased its stake in Illinois Tool Works by 4.0% in the 1st quarter. Crown Wealth Group LLC now owns 953 shares of the industrial products company’s stock valued at $248,000 after purchasing an additional 37 shares in the last quarter. Mayflower Financial Advisors LLC increased its stake in Illinois Tool Works by 3.8% in the 4th quarter. Mayflower Financial Advisors LLC now owns 1,065 shares of the industrial products company’s stock valued at $262,000 after purchasing an additional 39 shares in the last quarter. Finally, Revisor Wealth Management LLC raised its holdings in Illinois Tool Works by 1.4% during the fourth quarter. Revisor Wealth Management LLC now owns 2,841 shares of the industrial products company’s stock worth $734,000 after purchasing an additional 39 shares during the last quarter. 79.77% of the stock is owned by institutional investors and hedge funds.

About Illinois Tool Works

(Get 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.