Natixis Advisors LLC Lowers Position in Illinois Tool Works Inc. $ITW

Key Points

• Natixis Advisors trimmed its stake in Illinois Tool Works by 2.8% in Q3, selling 7,909 shares and ending the period with 275,890 shares valued at about $71.94 million (0.10% ownership).
• ITW beat Q4 expectations with $2.72 EPS on $4.09 billion revenue, set FY2026 guidance of $11.00–$11.40 EPS, and announced a quarterly dividend of $1.61 ($6.44 annualized, ~2.3% yield; ex-dividend March 31).
• Significant insider selling occurred—Director Ernest Scott Santi sold 167,345 shares (~$48.7M)—and analysts are mixed, with the stock carrying an average MarketBeat rating of "Reduce" and an average target of $275.69.

Natixis Advisors LLC lowered its position in Illinois Tool Works Inc. (NYSE:ITW - Free Report) by 2.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 275,890 shares of the industrial products company's stock after selling 7,909 shares during the period. Natixis Advisors LLC owned 0.10% of Illinois Tool Works worth $71,941,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in ITW. Cary Street Partners Investment Advisory LLC boosted its holdings in shares of Illinois Tool Works by 4.2% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 988 shares of the industrial products company's stock valued at $244,000 after buying an additional 40 shares in the last quarter. Everpar Advisors LLC increased its stake in shares of Illinois Tool Works by 1.7% in the 3rd quarter. Everpar Advisors LLC now owns 2,574 shares of the industrial products company's stock worth $671,000 after acquiring an additional 42 shares in the last quarter. Confluence Wealth Services Inc. increased its stake in shares of Illinois Tool Works by 1.0% in the 3rd quarter. Confluence Wealth Services Inc. now owns 4,171 shares of the industrial products company's stock worth $1,087,000 after acquiring an additional 43 shares in the last quarter. Montag A & Associates Inc. lifted its position in Illinois Tool Works by 0.7% during the 3rd quarter. Montag A & Associates Inc. now owns 6,605 shares of the industrial products company's stock valued at $1,733,000 after acquiring an additional 43 shares during the period. Finally, BLB&B Advisors LLC boosted its stake in Illinois Tool Works by 2.9% during the third quarter. BLB&B Advisors LLC now owns 1,605 shares of the industrial products company's stock worth $419,000 after acquiring an additional 45 shares in the last quarter. Institutional investors own 79.77% of the company's stock.

Illinois Tool Works Price Performance

Shares of NYSE ITW opened at $276.95 on Monday. The firm has a market cap of $79.82 billion, a P/E ratio of 26.40, a PEG ratio of 14.84 and a beta of 1.13. Illinois Tool Works Inc. has a twelve month low of $214.66 and a twelve month high of $303.15. The company has a quick ratio of 0.89, a current ratio of 1.21 and a debt-to-equity ratio of 2.07. The company has a 50 day moving average of $273.02 and a 200 day moving average of $260.47.

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

Illinois Tool Works Announces Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $6.44 annualized dividend and a dividend yield of 2.3%. Illinois Tool Works's dividend payout ratio (DPR) is 61.39%.

Insider Activity

In other news, Director Ernest Scott Santi sold 167,345 shares of Illinois Tool Works stock in a transaction that occurred on Wednesday, February 4th. The shares were 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 directly owned 258,766 shares in the company, valued at $75,282,792.38. The trade was a 39.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Axel Beck sold 4,223 shares of the business'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 transaction, the executive vice president directly owned 5,789 shares of the company's stock, valued at $1,680,083.58. The trade was a 42.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.88% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on ITW. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Illinois Tool Works in a research note on Wednesday, January 28th. Wolfe Research boosted their price target on Illinois Tool Works from $276.00 to $295.00 and gave the stock an "underperform" rating in a research report on Friday, February 27th. Barclays upped their price target on Illinois Tool Works from $244.00 to $275.00 and gave the stock an "underweight" rating in a research note on Monday, February 9th. The Goldman Sachs Group reiterated a "sell" rating and set a $253.00 price objective on shares of Illinois Tool Works in a research note on Tuesday, February 3rd. Finally, Evercore dropped their target price on Illinois Tool Works from $261.00 to $253.00 and set an "underperform" rating on the stock in a report on Monday, November 17th. 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.com, the stock presently has an average rating of "Reduce" and an average target price of $275.69.

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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