Global X Japan Co. Ltd. Has $2.51 Million Stock Holdings in Illinois Tool Works Inc. $ITW

Key Points

• Global X Japan boosted its stake in Illinois Tool Works by 152%, buying 6,148 shares to own 10,193 shares valued at about $2.51 million at the end of the quarter.
• Institutional activity was heavy — notable buys include Norges Bank's new ~$821.9 million position and Invesco's 2.22 million-share holding (institutional ownership ~79.8%) — while insiders trimmed exposure, including a director sale of 167,345 shares for roughly $48.7 million (insiders now own 0.88%).
• Analysts are mixed but bearish on balance, with a MarketBeat consensus rating of "Reduce" and a $275.69 target; the company did beat Q4 EPS ($2.72 vs. $2.69), set FY2026 guidance of 11.00–11.40 EPS, and announced a $1.61 quarterly dividend (2.5% yield).

Global X Japan Co. Ltd. grew its holdings in shares of Illinois Tool Works Inc. (NYSE:ITW - Free Report) by 152.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,193 shares of the industrial products company's stock after buying an additional 6,148 shares during the quarter. Global X Japan Co. Ltd.'s holdings in Illinois Tool Works were worth $2,511,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Norges Bank purchased a new stake in Illinois Tool Works in the 2nd quarter valued at $821,888,000. Caisse de depot et placement du Quebec grew its stake in shares of Illinois Tool Works by 293.0% in the 3rd quarter. Caisse de depot et placement du Quebec now owns 424,547 shares of the industrial products company's stock worth $110,705,000 after acquiring an additional 316,512 shares in the last quarter. SG Americas Securities LLC raised its holdings 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 during the last quarter. Marshall Wace LLP raised its holdings in shares of 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 valued at $104,344,000 after purchasing an additional 246,994 shares during the last quarter. Finally, Invesco Ltd. lifted its position in shares of Illinois Tool Works by 9.1% during the second quarter. Invesco Ltd. now owns 2,220,345 shares of the industrial products company's stock valued at $548,980,000 after purchasing an additional 185,416 shares in the last quarter. Institutional investors own 79.77% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on ITW. Truist Financial boosted their target price on Illinois Tool Works from $275.00 to $280.00 and gave the stock a "hold" rating in a research note on Wednesday, February 4th. JPMorgan Chase & Co. lifted their price objective on shares of Illinois Tool Works from $310.00 to $327.00 and gave the stock an "overweight" rating in a research report on Wednesday, March 4th. Barclays increased their target price on shares of Illinois Tool Works from $244.00 to $275.00 and gave the company an "underweight" rating in a research report on Monday, February 9th. UBS Group reiterated a "neutral" rating and issued a $285.00 price objective on shares of Illinois Tool Works in a research note on Wednesday, February 4th. Finally, Citigroup increased their target price on shares of Illinois Tool Works from $271.00 to $284.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 4th. Two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat.com, Illinois Tool Works has a consensus rating of "Reduce" and a consensus price target of $275.69.

Insider Transactions at Illinois Tool Works

In other news, Director Ernest Scott Santi sold 167,345 shares of the business's stock in a transaction dated Wednesday, February 4th. The stock was 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. The trade was a 39.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Axel Beck sold 4,223 shares of the firm's stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $290.22, for a total transaction of $1,225,599.06. Following the completion of the sale, the executive vice president directly owned 5,789 shares in the company, valued at $1,680,083.58. This represents a 42.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.88% of the company's stock.

Illinois Tool Works Trading Down 2.1%

Shares of Illinois Tool Works stock opened at $260.82 on Friday. The company's 50-day moving average price is $276.79 and its 200-day moving average price is $260.63. The company has a current ratio of 1.21, a quick ratio of 0.89 and a debt-to-equity ratio of 2.07. Illinois Tool Works Inc. has a 12-month low of $214.66 and a 12-month high of $303.15. The company has a market cap of $75.17 billion, a price-to-earnings ratio of 24.86, a PEG ratio of 14.24 and a beta of 1.13.

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

Illinois Tool Works Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Investors of record on Tuesday, March 31st will be given a dividend of $1.61 per share. This represents a $6.44 annualized dividend and a yield of 2.5%. The ex-dividend date is Tuesday, March 31st. Illinois Tool Works's payout ratio is presently 61.39%.

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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