Mitsubishi UFJ Trust & Banking Corp Has $80.11 Million Stock Holdings in Illinois Tool Works Inc. $ITW

Key Points

• Mitsubishi UFJ Trust & Banking increased its position in Illinois Tool Works by 8.9% to 325,200 shares, representing about 0.11% of the company and valued at roughly $80.11 million.
• Illinois Tool Works beat quarterly expectations with EPS of $2.72 (vs. $2.69 est.) and revenue of $4.09B, issued FY2026 guidance of $11.00–$11.40 EPS, and pays a quarterly dividend of $1.61 (annualized $6.44, ~2.4% yield).
• Significant insider selling occurred recently: director Ernest Scott Santi sold 167,345 shares (~$48.7M) and EVP Axel Beck sold 4,223 shares, each substantially reducing their holdings.

Mitsubishi UFJ Trust & Banking Corp increased its position in shares of Illinois Tool Works Inc. (NYSE:ITW - Free Report) by 8.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 325,200 shares of the industrial products company's stock after purchasing an additional 26,696 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.11% of Illinois Tool Works worth $80,107,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in shares of Illinois Tool Works by 5.3% during the fourth quarter. Brighton Jones LLC now owns 5,519 shares of the industrial products company's stock worth $1,399,000 after buying an additional 277 shares in the last quarter. Bison Wealth LLC boosted its holdings in shares of Illinois Tool Works by 2.3% in the 4th quarter. Bison Wealth LLC now owns 3,555 shares of the industrial products company's stock worth $901,000 after acquiring an additional 81 shares in the last quarter. Sivia Capital Partners LLC boosted its holdings in shares of Illinois Tool Works by 20.6% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,038 shares of the industrial products company's stock worth $257,000 after acquiring an additional 177 shares in the last quarter. Sei Investments Co. grew its position in Illinois Tool Works by 22.0% during the 2nd quarter. Sei Investments Co. now owns 106,784 shares of the industrial products company's stock worth $26,401,000 after acquiring an additional 19,248 shares during the last quarter. Finally, Treasurer of the State of North Carolina increased its holdings in Illinois Tool Works by 2.2% during the 2nd quarter. Treasurer of the State of North Carolina now owns 136,884 shares of the industrial products company's stock valued at $33,845,000 after purchasing an additional 2,890 shares in the last quarter. 79.77% of the stock is currently owned by institutional investors and hedge funds.

Illinois Tool Works Stock Performance

Shares of NYSE:ITW opened at $269.93 on Tuesday. The stock has a market capitalization of $77.76 billion, a P/E ratio of 25.73, a P/E/G ratio of 4.84 and a beta of 1.13. 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 1-year low of $228.76 and a 1-year high of $303.15. The business has a 50-day moving average price of $272.84 and a two-hundred day moving average price of $261.48.

Illinois Tool Works (NYSE:ITW - Get Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $2.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.69 by $0.03. The firm 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. Equities analysts predict that Illinois Tool Works Inc. will post 11.26 earnings per share for the current year.

Illinois Tool Works Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 9th. Investors 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 dividend on an annualized basis and a dividend yield of 2.4%. Illinois Tool Works's payout ratio is 61.39%.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. The Goldman Sachs Group reissued a "sell" rating and issued a $253.00 price objective on shares of Illinois Tool Works in a research note on Tuesday, February 3rd. Robert W. Baird set a $278.00 price target on Illinois Tool Works in a report on Wednesday, February 4th. Citigroup upped their price target 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. Wolfe Research increased their price objective on shares of Illinois Tool Works from $276.00 to $295.00 and gave the stock an "underperform" rating in a report on Friday, February 27th. Finally, Wells Fargo & Company dropped their target price on shares of Illinois Tool Works from $270.00 to $245.00 and set an "underweight" rating for the company in a research note on Wednesday, April 1st. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and five have assigned a Sell rating to the company's stock. Based on data from MarketBeat, Illinois Tool Works currently has an average rating of "Reduce" and a consensus price target of $270.00.

Insider Transactions at Illinois Tool Works

In related news, Director Ernest Scott Santi sold 167,345 shares of the company's stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $290.93, for a total value of $48,685,680.85. Following the completion of the sale, the director owned 258,766 shares in the company, valued at approximately $75,282,792.38. This represents a 39.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Axel Beck sold 4,223 shares of the stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $290.22, for a total value of $1,225,599.06. Following the completion of the transaction, the executive vice president directly owned 5,789 shares in the company, valued at $1,680,083.58. The trade was a 42.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.83% of the company's stock.

About Illinois Tool Works

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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