9,650 Shares in Illinois Tool Works Inc. $ITW Acquired by Argo Wealth Advisory LLC

Key Points

• Argo Wealth Advisory LLC bought a new position of 9,650 shares in Illinois Tool Works (ITW) in Q4, valued at about $2.38 million and representing roughly 1.4% of the firm's portfolio (its 28th-largest holding).
• ITW reported Q results of $2.72 EPS (beat by $0.03) on $4.09B revenue and set FY2026 guidance of 11.00–11.40 EPS; the stock trades near $265 while analysts offer mixed ratings (average "Reduce") with a $270 average price target.

Argo Wealth Advisory LLC acquired a new position in Illinois Tool Works Inc. (NYSE:ITW - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 9,650 shares of the industrial products company's stock, valued at approximately $2,377,000. Illinois Tool Works comprises approximately 1.4% of Argo Wealth Advisory LLC's investment portfolio, making the stock its 28th largest position.

Several other institutional investors have also recently bought and sold shares of ITW. Corsicana & Co. acquired a new stake in Illinois Tool Works during the 3rd quarter worth $26,000. Lodestone Wealth Management LLC acquired a new stake in Illinois Tool Works during the 4th quarter worth $28,000. Beacon Financial Strategies CORP acquired a new stake in Illinois Tool Works during the 4th quarter worth $29,000. True Wealth Design LLC grew its holdings in Illinois Tool Works by 341.9% during the 3rd quarter. True Wealth Design LLC now owns 137 shares of the industrial products company's stock worth $36,000 after acquiring an additional 106 shares during the period. Finally, MTM Investment Management LLC grew its holdings in shares of Illinois Tool Works by 70.5% in the 3rd quarter. MTM Investment Management LLC now owns 162 shares of the industrial products company's stock valued at $42,000 after buying an additional 67 shares during the period. Institutional investors own 79.77% of the company's stock.

Illinois Tool Works Stock Up 0.4%

Shares of ITW opened at $265.39 on Friday. Illinois Tool Works Inc. has a 52 week low of $224.90 and a 52 week high of $303.15. The firm has a market cap of $76.45 billion, a P/E ratio of 25.30, a price-to-earnings-growth ratio of 4.75 and a beta of 1.13. The firm's 50-day simple moving average is $276.40 and its 200 day simple moving average is $260.79. The company has a debt-to-equity ratio of 2.07, a quick ratio of 0.89 and a current ratio of 1.21.

Illinois Tool Works (NYSE:ITW - Get Free Report) last announced its earnings results on Tuesday, February 3rd. The industrial products company reported $2.72 EPS for the quarter, topping the consensus estimate of $2.69 by $0.03. The company had revenue of $4.09 billion for the quarter, compared to analysts' expectations of $4.07 billion. Illinois Tool Works had a net margin of 19.11% and a return on equity of 95.16%. The business's revenue for the quarter was up 4.1% on a year-over-year basis. During the same period last year, the firm earned $2.54 earnings per share. Illinois Tool Works has set its FY 2026 guidance at 11.000-11.400 EPS. On average, analysts forecast that Illinois Tool Works Inc. will post 10.39 earnings per share for the current year.

Illinois Tool Works Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Tuesday, March 31st were paid a dividend of $1.61 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $6.44 annualized dividend and a dividend yield of 2.4%. Illinois Tool Works's dividend payout ratio (DPR) is presently 61.39%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on ITW. Barclays decreased their price target on shares of Illinois Tool Works from $275.00 to $250.00 and set an "underweight" rating for the company in a report on Wednesday, April 1st. Wolfe Research boosted their price target on shares of Illinois Tool Works from $276.00 to $295.00 and gave the company an "underperform" rating in a report on Friday, February 27th. Wells Fargo & Company decreased their price target on shares of Illinois Tool Works from $270.00 to $245.00 and set an "underweight" rating for the company in a report on Wednesday, April 1st. Citigroup boosted their price target on shares of Illinois Tool Works from $271.00 to $284.00 and gave the company a "neutral" rating in a report on Wednesday, February 4th. Finally, Weiss Ratings reissued a "buy (b-)" rating on shares of Illinois Tool Works in a report on Wednesday, January 28th. Two equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and five have assigned a Sell rating to the company's stock. According to data from MarketBeat, Illinois Tool Works presently has an average rating of "Reduce" and an average price target of $270.00.

Insider Buying and Selling at Illinois Tool Works

In other news, Director Ernest Scott Santi sold 167,345 shares of the firm's stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $290.93, for a total transaction of $48,685,680.85. Following the completion of the transaction, the director owned 258,766 shares of the company's stock, valued at approximately $75,282,792.38. This trade represents a 39.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Axel Beck sold 4,223 shares of Illinois Tool Works stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $290.22, for a total transaction of $1,225,599.06. Following the transaction, the executive vice president directly owned 5,789 shares of the company's stock, valued at $1,680,083.58. This represents a 42.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.83% of the stock is currently owned by company insiders.

Illinois Tool Works Profile

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.

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