Zacks Research Issues Pessimistic Forecast for ITW Earnings

Illinois Tool Works Inc. (NYSE:ITW - Free Report) - Analysts at Zacks Research lowered their Q3 2025 EPS estimates for Illinois Tool Works in a note issued to investors on Wednesday, May 14th. Zacks Research analyst A. Bhattacharjee now anticipates that the industrial products company will earn $2.63 per share for the quarter, down from their prior estimate of $2.72. The consensus estimate for Illinois Tool Works' current full-year earnings is $10.39 per share. Zacks Research also issued estimates for Illinois Tool Works' Q2 2026 earnings at $2.77 EPS, Q3 2026 earnings at $2.84 EPS and FY2026 earnings at $10.97 EPS.

Several other analysts have also recently weighed in on the stock. Stifel Nicolaus raised their target price on shares of Illinois Tool Works from $227.00 to $233.00 and gave the company a "hold" rating in a report on Thursday, May 1st. Barclays cut their price objective on shares of Illinois Tool Works from $240.00 to $237.00 and set an "equal weight" rating on the stock in a report on Thursday, May 1st. Truist Financial cut their price objective on shares of Illinois Tool Works from $302.00 to $284.00 and set a "buy" rating on the stock in a report on Thursday, May 1st. Wells Fargo & Company cut their price objective on shares of Illinois Tool Works from $250.00 to $245.00 and set an "underweight" rating on the stock in a report on Thursday, February 6th. Finally, Bank of America cut shares of Illinois Tool Works from a "neutral" rating to an "underperform" rating and set a $220.00 target price on the stock. in a report on Wednesday, May 7th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $253.42.

Illinois Tool Works Stock Down 1.1%

NYSE:ITW traded down $2.68 during mid-day trading on Monday, hitting $242.03. The stock had a trading volume of 752,546 shares, compared to its average volume of 1,017,625. The stock has a 50-day simple moving average of $241.07 and a two-hundred day simple moving average of $255.05. The company has a market capitalization of $70.91 billion, a PE ratio of 20.65, a PEG ratio of 4.56 and a beta of 1.12. Illinois Tool Works has a twelve month low of $214.66 and a twelve month high of $279.13. The company has a current ratio of 1.36, a quick ratio of 0.99 and a debt-to-equity ratio of 1.90.

Illinois Tool Works (NYSE:ITW - Get Free Report) last issued its earnings results on Wednesday, April 30th. The industrial products company reported $2.38 earnings per share for the quarter, beating the consensus estimate of $2.34 by $0.04. The firm had revenue of $3.84 billion for the quarter, compared to analysts' expectations of $3.83 billion. Illinois Tool Works had a net margin of 21.94% and a return on equity of 95.39%. The firm's revenue was down 3.4% compared to the same quarter last year. During the same quarter last year, the company earned $2.44 earnings per share.

Illinois Tool Works Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 11th. Shareholders of record on Monday, June 30th will be given a dividend of $1.50 per share. The ex-dividend date is Monday, June 30th. This represents a $6.00 annualized dividend and a dividend yield of 2.48%. Illinois Tool Works's payout ratio is currently 52.77%.

Insiders Place Their Bets

In other Illinois Tool Works news, CFO Michael M. Larsen sold 41,472 shares of the business's stock in a transaction on Friday, March 7th. The shares were sold at an average price of $271.25, for a total transaction of $11,249,280.00. Following the sale, the chief financial officer now directly owns 50,502 shares in the company, valued at approximately $13,698,667.50. The trade was a 45.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Christopher A. O'herlihy sold 48,453 shares of Illinois Tool Works stock in a transaction on Friday, March 7th. The stock was sold at an average price of $274.36, for a total value of $13,293,565.08. Following the transaction, the chief executive officer now directly owns 55,113 shares of the company's stock, valued at $15,120,802.68. This trade represents a 46.78% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.88% of the company's stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Clarity Financial LLC acquired a new position in shares of Illinois Tool Works during the 4th quarter worth $315,000. Milestone Asset Management LLC acquired a new position in shares of Illinois Tool Works during the 4th quarter worth $941,000. Heck Capital Advisors LLC acquired a new position in shares of Illinois Tool Works during the 4th quarter worth $739,000. MOKAN Wealth Management Inc. acquired a new position in Illinois Tool Works in the 4th quarter valued at about $1,096,000. Finally, EP Wealth Advisors LLC raised its stake in Illinois Tool Works by 42.2% in the 4th quarter. EP Wealth Advisors LLC now owns 5,718 shares of the industrial products company's stock valued at $1,450,000 after purchasing an additional 1,698 shares during the last quarter. Institutional investors and hedge funds own 79.77% of the company's stock.

About Illinois Tool Works

Illinois Tool Works Inc manufactures and sells industrial products and equipment in the United States and internationally. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products.