Illinois Tool Works Inc. $ITW Stock Holdings Lowered by B. Metzler seel. Sohn & Co. AG

Key Points

• B. Metzler seel. Sohn & Co. AG cut its Illinois Tool Works stake by 34% in the second quarter, selling 9,538 shares and retaining 18,548 shares valued at about $5.0 million. Institutional investors and hedge funds collectively own 79.77% of ITW.
• Illinois Tool Works exceeded quarterly expectations, reporting $2.84 in EPS and $4.30 billion in revenue, with revenue rising 6.1% year over year. The company issued fiscal 2026 EPS guidance of $11.35–$11.55.
• The company raised its quarterly dividend to $1.72 per share, equivalent to an annualized $6.88 payout and a 2.5% yield. Analyst sentiment remains mixed, with a consensus “Reduce” rating and an average price target of $281.25.

B. Metzler seel. Sohn & Co. AG lessened its position in Illinois Tool Works Inc. (NYSE:ITW - Free Report) by 34.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,548 shares of the industrial products company's stock after selling 9,538 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Illinois Tool Works were worth $5,017,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of Illinois Tool Works during the second quarter valued at approximately $6,296,349,000. Norges Bank acquired a new stake in Illinois Tool Works in the fourth quarter worth approximately $808,351,000. Bank of New York Mellon Corp bought a new position in Illinois Tool Works during the 2nd quarter valued at $603,166,000. Legal & General Group Plc acquired a new position in shares of Illinois Tool Works during the 2nd quarter valued at $500,748,000. Finally, Deutsche Bank AG bought a new stake in shares of Illinois Tool Works in the 2nd quarter worth $221,746,000. 79.77% of the stock is owned by institutional investors and hedge funds.

Illinois Tool Works Stock Performance

Illinois Tool Works stock opened at $271.54 on Friday. Illinois Tool Works Inc. has a fifty-two week low of $238.82 and a fifty-two week high of $303.15. The firm's 50 day simple moving average is $280.36 and its 200-day simple moving average is $270.63. The company has a debt-to-equity ratio of 2.26, a current ratio of 1.11 and a quick ratio of 0.81. The company has a market cap of $77.33 billion, a P/E ratio of 24.62, a price-to-earnings-growth ratio of 3.64 and a beta of 0.98.

Illinois Tool Works (NYSE:ITW - Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $2.84 EPS for the quarter, beating the consensus estimate of $2.80 by $0.04. Illinois Tool Works had a net margin of 19.39% and a return on equity of 101.72%. The business had revenue of $4.30 billion during the quarter, compared to the consensus estimate of $4.19 billion. During the same quarter in the prior year, the firm earned $2.58 EPS. The firm's quarterly revenue was up 6.1% on a year-over-year basis. Illinois Tool Works has set its FY 2026 guidance at 11.350-11.550 EPS. As a group, equities research analysts predict that Illinois Tool Works Inc. will post 11.45 EPS for the current year.

Illinois Tool Works Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Wednesday, September 30th will be issued a dividend of $1.72 per share. This is a positive change from Illinois Tool Works's previous quarterly dividend of $1.61. This represents a $6.88 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Wednesday, September 30th. Illinois Tool Works's dividend payout ratio is presently 58.39%.

Insider Activity

In other Illinois Tool Works news, CAO Matteo Pigozzo sold 277 shares of the firm's stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $289.22, for a total transaction of $80,113.94. Following the completion of the sale, the chief accounting officer directly owned 3,394 shares in the company, valued at approximately $981,612.68. This trade represents a 7.55% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Ernest Santi sold 41,431 shares of the company's stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $287.09, for a total value of $11,894,425.79. Following the completion of the transaction, the director owned 266,288 shares in the company, valued at $76,448,621.92. This represents a 13.46% 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 corporate insiders.

Analyst Upgrades and Downgrades

ITW has been the subject of several research reports. Weiss Ratings raised Illinois Tool Works from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Tuesday, August 11th. Evercore cut their price target on shares of Illinois Tool Works from $296.00 to $272.00 in a report on Monday, May 11th. Wolfe Research reaffirmed an "underperform" rating and issued a $286.00 price objective on shares of Illinois Tool Works in a research note on Thursday, July 9th. UBS Group reissued a "neutral" rating and set a $300.00 target price on shares of Illinois Tool Works in a research note on Wednesday, July 29th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Illinois Tool Works from $310.00 to $350.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 29th. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat.com, Illinois Tool Works currently has an average rating of "Reduce" and a consensus price target of $281.25.

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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