Bluebird Wealth Management LLC Takes Position in Illinois Tool Works Inc. $ITW

Key Points

• Bluebird Wealth Management acquired a new stake of 4,869 shares in Illinois Tool Works (ITW) in Q4, valued at about $1.20 million, and institutional investors now own roughly 79.8% of the company with several large funds significantly increasing holdings.
• Illinois Tool Works beat the latest-quarter estimates with EPS of $2.66 (vs. $2.57) and revenue of $4.02 billion, and set FY 2026 guidance of 11.10–11.50 EPS (analysts forecast ~11.36).
• Wall Street sentiment is cautious: the consensus rating is "Reduce" with a $270.46 target price and a mixed analyst split (2 Buys, 6 Holds, 5 Sells) after several recent target adjustments.

Bluebird Wealth Management LLC acquired a new stake in Illinois Tool Works Inc. (NYSE:ITW - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,869 shares of the industrial products company's stock, valued at approximately $1,199,000.

Several other hedge funds also recently modified their holdings of ITW. Caisse de depot et placement du Quebec boosted its position in shares of Illinois Tool Works by 293.0% in the third quarter. Caisse de depot et placement du Quebec now owns 424,547 shares of the industrial products company's stock valued at $110,705,000 after acquiring an additional 316,512 shares during the period. SG Americas Securities LLC raised its stake in shares of Illinois Tool Works by 316.3% in the fourth quarter. SG Americas Securities LLC now owns 366,012 shares of the industrial products company's stock valued at $90,149,000 after purchasing an additional 278,085 shares in the last quarter. Marshall Wace LLP lifted its position in Illinois Tool Works by 161.3% in the third quarter. Marshall Wace LLP now owns 400,152 shares of the industrial products company's stock worth $104,344,000 after purchasing an additional 246,994 shares during the period. UBS Group AG lifted its position in Illinois Tool Works by 10.7% in the fourth quarter. UBS Group AG now owns 2,101,383 shares of the industrial products company's stock worth $517,571,000 after purchasing an additional 203,863 shares during the period. Finally, Vanguard Group Inc. increased its holdings in Illinois Tool Works by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 26,887,218 shares of the industrial products company's stock valued at $6,622,322,000 after buying an additional 189,229 shares during the period. 79.77% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on ITW shares. JPMorgan Chase & Co. lowered their price target on shares of Illinois Tool Works from $303.00 to $295.00 and set an "overweight" rating on the stock in a report on Friday, May 1st. Barclays lowered their price target on shares of Illinois Tool Works from $275.00 to $250.00 and set an "underweight" rating on the stock in a report on Wednesday, April 1st. Citigroup boosted their price target on shares of Illinois Tool Works from $284.00 to $287.00 and gave the company a "neutral" rating in a report on Monday. Robert W. Baird set a $278.00 price target on shares of Illinois Tool Works in a report on Wednesday, February 4th. Finally, UBS Group reissued a "neutral" rating and issued a $285.00 price target on shares of Illinois Tool Works in a report on Wednesday, February 4th. Two equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Reduce" and a consensus target price of $270.46.

Illinois Tool Works Stock Performance

Illinois Tool Works stock opened at $260.73 on Thursday. 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 stock has a fifty day moving average price of $269.51 and a two-hundred day moving average price of $262.02. Illinois Tool Works Inc. has a 52-week low of $236.68 and a 52-week high of $303.15. The firm has a market capitalization of $75.11 billion, a P/E ratio of 24.21, a P/E/G ratio of 4.38 and a beta of 1.04.

Illinois Tool Works (NYSE:ITW - Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The industrial products company reported $2.66 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $4.02 billion during the quarter, compared to analyst estimates of $4.01 billion. During the same period in the prior year, the company posted $2.38 earnings per share. The business's revenue for the quarter was up 4.6% compared to the same quarter last year. Illinois Tool Works has set its FY 2026 guidance at 11.100-11.500 EPS. As a group, analysts anticipate that Illinois Tool Works Inc. will post 11.36 EPS for the current fiscal year.

Illinois Tool Works Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 9th. Shareholders of record on Tuesday, March 31st were paid a dividend of $1.61 per share. This represents a $6.44 annualized dividend and a yield of 2.5%. The ex-dividend date was Tuesday, March 31st. Illinois Tool Works's dividend payout ratio is currently 59.80%.

Illinois Tool Works Company 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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