Seaport Res Ptn Has Negative Estimate for ITW Q2 Earnings

Illinois Tool Works Inc. (NYSE:ITW - Free Report) - Stock analysts at Seaport Res Ptn cut their Q2 2025 EPS estimates for Illinois Tool Works in a report released on Monday, May 5th. Seaport Res Ptn analyst W. Liptak now forecasts that the industrial products company will post earnings per share of $2.57 for the quarter, down from their previous estimate of $2.60. The consensus estimate for Illinois Tool Works' current full-year earnings is $10.39 per share. Seaport Res Ptn also issued estimates for Illinois Tool Works' Q4 2025 earnings at $2.78 EPS, FY2025 earnings at $10.41 EPS, Q1 2026 earnings at $2.49 EPS, Q2 2026 earnings at $2.89 EPS, Q3 2026 earnings at $3.00 EPS, Q4 2026 earnings at $3.07 EPS and FY2026 earnings at $11.44 EPS.

Several other brokerages also recently commented on ITW. Bank of America downgraded shares of Illinois Tool Works from a "neutral" rating to an "underperform" rating and set a $220.00 price objective on the stock. in a research report on Wednesday, May 7th. StockNews.com cut shares of Illinois Tool Works from a "buy" rating to a "hold" rating in a research note on Thursday, February 6th. JPMorgan Chase & Co. dropped their price objective on shares of Illinois Tool Works from $300.00 to $295.00 and set an "overweight" rating for the company in a research note on Monday, February 3rd. Barclays dropped their price objective on shares of Illinois Tool Works from $240.00 to $237.00 and set an "equal weight" rating for the company in a research note on Thursday, May 1st. Finally, Truist Financial dropped their price objective on shares of Illinois Tool Works from $302.00 to $284.00 and set a "buy" rating for the company in a research note on Thursday, May 1st. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Illinois Tool Works has an average rating of "Hold" and a consensus target price of $253.67.

Illinois Tool Works Stock Performance

ITW traded up $8.01 during trading on Wednesday, hitting $250.51. The company's stock had a trading volume of 462,111 shares, compared to its average volume of 1,015,534. The company has a quick ratio of 0.99, a current ratio of 1.36 and a debt-to-equity ratio of 1.90. Illinois Tool Works has a one year low of $214.66 and a one year high of $279.13. The firm has a market cap of $73.40 billion, a PE ratio of 21.37, a P/E/G ratio of 4.56 and a beta of 1.12. The business's 50 day simple moving average is $243.34 and its 200-day simple moving average is $255.87.

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

Illinois Tool Works Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 11th. Stockholders of record on Monday, June 30th will be issued a $1.50 dividend. The ex-dividend date is Monday, June 30th. This represents a $6.00 annualized dividend and a dividend yield of 2.40%. Illinois Tool Works's payout ratio is 52.77%.

Insider Transactions at Illinois Tool Works

In other Illinois Tool Works news, CFO Michael M. Larsen sold 41,472 shares of the stock in a transaction on Friday, March 7th. The stock was 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 owns 50,502 shares of the company's stock, valued at approximately $13,698,667.50. This trade represents a 45.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Christopher A. O'herlihy sold 48,453 shares of the stock in a transaction on Friday, March 7th. The shares were sold at an average price of $274.36, for a total value of $13,293,565.08. Following the sale, the chief executive officer now directly owns 55,113 shares in the company, 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. Over the last three months, insiders have sold 159,925 shares of company stock worth $42,973,845. 0.88% of the stock is currently owned by company insiders.

Institutional Trading of Illinois Tool Works

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Baron Wealth Management LLC boosted its position in shares of Illinois Tool Works by 4.5% in the 4th quarter. Baron Wealth Management LLC now owns 910 shares of the industrial products company's stock worth $231,000 after purchasing an additional 39 shares in the last quarter. F M Investments LLC boosted its position in shares of Illinois Tool Works by 4.9% in the 4th quarter. F M Investments LLC now owns 896 shares of the industrial products company's stock worth $227,000 after purchasing an additional 42 shares in the last quarter. Trust Co of the South boosted its position in shares of Illinois Tool Works by 2.9% in the 1st quarter. Trust Co of the South now owns 1,478 shares of the industrial products company's stock worth $367,000 after purchasing an additional 42 shares in the last quarter. Clearstead Trust LLC boosted its position in shares of Illinois Tool Works by 0.9% in the 1st quarter. Clearstead Trust LLC now owns 4,758 shares of the industrial products company's stock worth $1,180,000 after purchasing an additional 43 shares in the last quarter. Finally, Harbour Investments Inc. boosted its position in shares of Illinois Tool Works by 1.2% in the 4th quarter. Harbour Investments Inc. now owns 3,696 shares of the industrial products company's stock worth $937,000 after purchasing an additional 44 shares in the last quarter. Institutional investors 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.