PFA Pension Forsikringsaktieselskab Acquires Shares of 22,781 Illinois Tool Works Inc. $ITW

Key Points

• PFA Pension Forsikringsaktieselskab acquired a new stake of 22,781 shares (~$5.71M) in Illinois Tool Works in Q4, and institutional investors now own 79.77% of the company.
• Significant insider selling occurred recently: Director Ernest Scott Santi sold 167,345 shares for about $48.7M (a 39.27% reduction) and EVP Axel Beck sold 4,223 shares, leaving insiders with 0.83% ownership.
• Illinois Tool Works beat quarterly EPS estimates ($2.66 vs. $2.57) and set FY2026 guidance of 11.10–11.50 EPS, yet analysts hold a mixed view with a consensus rating of "Reduce" and an average price target of $270.46.

PFA Pension Forsikringsaktieselskab acquired a new stake in Illinois Tool Works Inc. (NYSE:ITW - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 22,781 shares of the industrial products company's stock, valued at approximately $5,714,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ITW. AE Wealth Management LLC lifted its stake in Illinois Tool Works by 128.4% in the third quarter. AE Wealth Management LLC now owns 9,128 shares of the industrial products company's stock worth $2,380,000 after acquiring an additional 5,131 shares during the last quarter. Siemens Fonds Invest GmbH lifted its stake in Illinois Tool Works by 70.1% in the third quarter. Siemens Fonds Invest GmbH now owns 18,226 shares of the industrial products company's stock worth $4,753,000 after acquiring an additional 7,508 shares during the last quarter. Madison Asset Management LLC lifted its stake in Illinois Tool Works by 411.8% in the third quarter. Madison Asset Management LLC now owns 87,875 shares of the industrial products company's stock worth $22,914,000 after acquiring an additional 70,704 shares during the last quarter. Mediolanum International Funds Ltd lifted its stake in Illinois Tool Works by 10.4% in the third quarter. Mediolanum International Funds Ltd now owns 103,161 shares of the industrial products company's stock worth $26,964,000 after acquiring an additional 9,738 shares during the last quarter. Finally, Huntleigh Advisors Inc. lifted its stake in Illinois Tool Works by 111.2% in the third quarter. Huntleigh Advisors Inc. now owns 16,276 shares of the industrial products company's stock worth $4,244,000 after acquiring an additional 8,569 shares during the last quarter. Institutional investors own 79.77% of the company's stock.

Insider Buying and Selling

In other Illinois Tool Works news, Director Ernest Scott Santi sold 167,345 shares of the company's stock in a transaction on 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 sale, the director owned 258,766 shares of the company's stock, 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 Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Axel Beck sold 4,223 shares of the firm's stock in a transaction on 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 owned 5,789 shares of the company's stock, valued at approximately $1,680,083.58. This represents a 42.18% decrease in their position. The SEC filing for this sale provides additional information. 0.83% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on ITW shares. The Goldman Sachs Group reiterated a "sell" rating and issued a $254.00 price target on shares of Illinois Tool Works in a research note on Thursday. JPMorgan Chase & Co. decreased their price target on shares of Illinois Tool Works from $303.00 to $295.00 and set an "overweight" rating for the company in a research note on Friday. Weiss Ratings reiterated a "buy (b-)" rating on shares of Illinois Tool Works in a research note on Monday, April 27th. Wells Fargo & Company lifted their price target on shares of Illinois Tool Works from $245.00 to $255.00 and gave the stock an "underweight" rating in a research note on Monday. Finally, Robert W. Baird set a $278.00 price target on shares of Illinois Tool Works in a research note on Wednesday, February 4th. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Reduce" and an average price target of $270.46.

Illinois Tool Works Stock Performance

Shares of ITW opened at $251.56 on Tuesday. The stock has a market capitalization of $72.47 billion, a P/E ratio of 23.36, a P/E/G ratio of 4.59 and a beta of 1.04. The company has a debt-to-equity ratio of 2.04, a quick ratio of 0.86 and a current ratio of 1.19. Illinois Tool Works Inc. has a 1 year low of $236.68 and a 1 year high of $303.15. The company's fifty day moving average is $270.96 and its two-hundred day moving average is $261.87.

Illinois Tool Works (NYSE:ITW - Get Free Report) last issued its earnings results on Thursday, April 30th. The industrial products company reported $2.66 earnings per share for the quarter, beating the consensus estimate of $2.57 by $0.09. Illinois Tool Works had a net margin of 19.32% and a return on equity of 97.36%. The business had revenue of $4.02 billion for the quarter, compared to the consensus estimate of $4.01 billion. During the same quarter in the previous year, the firm earned $2.38 earnings per share. The business's quarterly revenue 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. On average, sell-side analysts predict that Illinois Tool Works Inc. will post 11.26 earnings per share for the current year.

Illinois Tool Works Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 9th. Shareholders of record on Tuesday, March 31st were issued a $1.61 dividend. This represents a $6.44 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Tuesday, March 31st. Illinois Tool Works's payout ratio is currently 59.80%.

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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