Schroder Investment Management Group Boosts Holdings in Illinois Tool Works Inc. $ITW

Key Points

• Schroder Investment Management Group increased its stake in Illinois Tool Works by 6.2% to 1,672,289 shares, owning about 0.58% of the company worth roughly $434.4 million.
• Company insiders executed large sales: EVP Axel Beck sold 4,223 shares and Director Ernest Scott Santi sold 167,345 shares for approximately $48.7 million, leaving insiders with about 0.88% ownership.
• Illinois Tool Works modestly beat estimates with Q results (EPS $2.72 vs. $2.69), set FY 2026 guidance of 11.00–11.40 EPS, and declared a quarterly dividend of $1.61 ($6.44 annual, ~2.3% yield).

Schroder Investment Management Group lifted its stake in shares of Illinois Tool Works Inc. (NYSE:ITW - Free Report) by 6.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,672,289 shares of the industrial products company's stock after purchasing an additional 97,171 shares during the period. Schroder Investment Management Group owned about 0.58% of Illinois Tool Works worth $434,411,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Certified Advisory Corp purchased a new stake in shares of Illinois Tool Works during the third quarter worth approximately $432,000. PFG Advisors raised its position in shares of Illinois Tool Works by 7.9% in the third quarter. PFG Advisors now owns 11,698 shares of the industrial products company's stock valued at $3,050,000 after buying an additional 858 shares during the last quarter. B. Metzler seel. Sohn & Co. AG lifted its stake in shares of Illinois Tool Works by 2.8% in the third quarter. B. Metzler seel. Sohn & Co. AG now owns 28,250 shares of the industrial products company's stock worth $7,366,000 after buying an additional 763 shares in the last quarter. Vinva Investment Management Ltd boosted its position in Illinois Tool Works by 32.5% during the third quarter. Vinva Investment Management Ltd now owns 76,587 shares of the industrial products company's stock worth $20,018,000 after acquiring an additional 18,801 shares during the last quarter. Finally, CreativeOne Wealth LLC boosted its position in Illinois Tool Works by 173.9% during the third quarter. CreativeOne Wealth LLC now owns 5,576 shares of the industrial products company's stock worth $1,454,000 after acquiring an additional 3,540 shares during the last quarter. 79.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Illinois Tool Works

In related news, EVP Axel Beck sold 4,223 shares of Illinois Tool Works stock in a transaction that occurred 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 in the company, valued at approximately $1,680,083.58. The trade was a 42.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Ernest Scott Santi sold 167,345 shares of the stock in a transaction that occurred on 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 sale, the director owned 258,766 shares in the company, valued at approximately $75,282,792.38. This trade represents a 39.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.88% of the company's stock.

Illinois Tool Works Stock Performance

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

Illinois Tool Works (NYSE:ITW - Get Free Report) last released its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $2.72 EPS for the quarter, topping the consensus estimate of $2.69 by $0.03. Illinois Tool Works had a return on equity of 95.16% and a net margin of 19.11%.The business had revenue of $4.09 billion during the quarter, compared to analyst estimates of $4.07 billion. During the same period last year, the business posted $2.54 earnings per share. The company's quarterly 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. Equities research analysts forecast that Illinois Tool Works Inc. will post 10.39 EPS for the current year.

Illinois Tool Works Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 9th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $1.61 per share. The ex-dividend date is Tuesday, March 31st. This represents a $6.44 dividend on an annualized basis and a yield of 2.3%. Illinois Tool Works's dividend payout ratio is 61.39%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on ITW shares. The Goldman Sachs Group reissued a "sell" rating and issued a $253.00 target price on shares of Illinois Tool Works in a research note on Tuesday, February 3rd. Wolfe Research upped their target price on Illinois Tool Works from $276.00 to $295.00 and gave the company an "underperform" rating in a report on Friday, February 27th. Barclays boosted their price target 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 target price on shares of Illinois Tool Works in a report on Wednesday, February 4th. Finally, Citigroup raised their price target on shares of Illinois Tool Works from $271.00 to $284.00 and gave the stock a "neutral" rating in a report on Wednesday, February 4th. Two research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat, Illinois Tool Works has a consensus rating of "Reduce" and an average target price of $275.69.

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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