Zacks Research Analysts Increase Earnings Estimates for ITW

Illinois Tool Works Inc. (NYSE:ITW) – Equities researchers at Zacks Research raised their Q4 2025 earnings per share estimates for Illinois Tool Works in a report issued on Wednesday, February 19th. Zacks Research analyst A. Bhattacharjee now anticipates that the industrial products company will post earnings of $2.63 per share for the quarter, up from their prior estimate of $2.62. The consensus estimate for Illinois Tool Works’ current full-year earnings is $10.39 per share. Zacks Research also issued estimates for Illinois Tool Works’ Q2 2026 earnings at $2.86 EPS, Q3 2026 earnings at $2.94 EPS and FY2026 earnings at $11.20 EPS.

Other equities research analysts have also issued research reports about the company. Citigroup lowered their price objective on Illinois Tool Works from $279.00 to $265.00 and set a “neutral” rating on the stock in a report on Monday, January 13th. Robert W. Baird lifted their price target on Illinois Tool Works from $240.00 to $250.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. Deutsche Bank Aktiengesellschaft upgraded Illinois Tool Works from a “sell” rating to a “hold” rating and set a $257.00 price objective for the company in a research report on Wednesday, February 19th. Jefferies Financial Group boosted their target price on shares of Illinois Tool Works from $255.00 to $290.00 and gave the stock a “hold” rating in a research report on Friday, December 6th. Finally, Stifel Nicolaus cut their price target on shares of Illinois Tool Works from $266.00 to $259.00 and set a “hold” rating for the company in a report on Thursday, February 6th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $269.30.

Illinois Tool Works Trading Up 1.1 %

Shares of Illinois Tool Works stock opened at $264.41 on Monday. The firm has a market cap of $77.60 billion, a price-to-earnings ratio of 22.56, a price-to-earnings-growth ratio of 4.56 and a beta of 1.11. Illinois Tool Works has a 52-week low of $232.77 and a 52-week high of $279.13. The company’s 50-day simple moving average is $256.84 and its 200-day simple moving average is $258.91. The company has a quick ratio of 0.99, a current ratio of 1.36 and a debt-to-equity ratio of 1.90.

Illinois Tool Works (NYSE:ITW) last announced its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $2.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.50 by $0.04. Illinois Tool Works had a net margin of 21.94% and a return on equity of 95.39%.

Hedge Funds Weigh In On Illinois Tool Works

Institutional investors have recently made changes to their positions in the stock. Prudent Man Investment Management Inc. acquired a new position in Illinois Tool Works in the 4th quarter valued at about $25,000. Ameriflex Group Inc. purchased a new stake in shares of Illinois Tool Works during the fourth quarter worth about $26,000. Redwood Park Advisors LLC acquired a new position in shares of Illinois Tool Works in the fourth quarter valued at approximately $26,000. Glass Jacobson Investment Advisors llc lifted its stake in shares of Illinois Tool Works by 336.0% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 109 shares of the industrial products company’s stock valued at $28,000 after buying an additional 84 shares during the period. Finally, Sugar Maple Asset Management LLC acquired a new stake in Illinois Tool Works during the fourth quarter worth approximately $28,000. 79.77% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Illinois Tool Works

In related news, Director Ernest Scott Santi sold 70,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $263.30, for a total value of $18,431,000.00. Following the sale, the director now owns 260,224 shares of the company’s stock, valued at approximately $68,516,979.20. This represents a 21.20 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.26% of the stock is currently owned by insiders.

Illinois Tool Works Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Monday, March 31st will be paid a $1.50 dividend. The ex-dividend date is Monday, March 31st. This represents a $6.00 dividend on an annualized basis and a yield of 2.27%. Illinois Tool Works’s payout ratio is 51.19%.

About Illinois Tool Works

Illinois Tool Works Inc manufactures and sells industrial products and equipment in the United States and internationally. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products.