Illinois Tool Works (ITW) Stock Forecast & Price Target

$258.43 -4.06 (-1.55%)

Closing price 08/15/2025 03:58 PM Eastern

Extended Trading

$258.58 +0.14 (+0.06%)

As of 08/15/2025 07:54 PM Eastern

Illinois Tool Works - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Reduce

Based on 12 Analyst Ratings

Sell
3

Hold
8

Buy
1

Based on 12 Wall Street analysts who have issued ratings for Illinois Tool Works in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 12 analysts, 3 have given a sell rating, 8 have given a hold rating, and 1 has given a buy rating for ITW.

Consensus Price Target

$259.33
0.35% Upside

According to the 12 analysts' twelve-month price targets for Illinois Tool Works, the average price target is $259.33. The highest price target for ITW is $295.00, while the lowest price target for ITW is $220.00. The average price target represents a forecasted upside of 0.35% from the current price of $258.43.

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ITW Analyst Ratings Over Time

Type	Current Forecast 8/16/24 to 8/16/25	1 Month Ago 7/17/24 to 7/17/25	3 Months Ago 5/18/24 to 5/18/25	1 Year Ago 8/17/23 to 8/16/24
Strong Buy	0 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	1 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)
Hold	8 Hold rating(s)	7 Hold rating(s)	7 Hold rating(s)	3 Hold rating(s)
Sell	3 Sell rating(s)	3 Sell rating(s)	3 Sell rating(s)	3 Sell rating(s)
Consensus Price Target	$259.33	$253.83	$253.67	$250.75
Forecasted Upside	0.35% Upside	-1.55% Downside	0.93% Upside	3.64% Upside
Consensus Rating	Reduce	Hold	Hold	Hold

ITW Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

ITW Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Illinois Tool Works Stock vs. The Competition

Type	Illinois Tool Works	Industrials Companies	S&P 500
Consensus Rating Score	1.83	2.68	2.53
Consensus Rating	Reduce	Moderate Buy	Moderate Buy
Predicted Upside	0.35% Upside	136.00% Upside	11.76% Upside
News Sentiment Rating	Positive News See Recent ITW News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/4/2025	Barclays 3 of 5 stars	Julian Mitchell Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$240.00 ➝ $243.00	-4.78%
7/31/2025	Wells Fargo & Company 3 of 5 stars	Joseph O'Dea Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Underweight ➝ Underweight	$235.00 ➝ $250.00	-2.54%
7/31/2025	Stifel Nicolaus 4 of 5 stars	Nathan Jones Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Hold ➝ Hold	$255.00 ➝ $261.00	+1.75%
7/31/2025	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Steven Fisher Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$243.00 ➝ $255.00	-0.76%
7/31/2025	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$283.00	+11.72%
7/14/2025	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Andrew Kaplowitz Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$254.00 ➝ $265.00	+2.73%
5/19/2025	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Raso Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Underperform ➝ Underperform	$252.00 ➝ $249.00	-0.93%
5/7/2025	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Underperform	$220.00	-8.41%
5/1/2025	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating	Mig Dobre Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$239.00 ➝ $244.00	+1.73%
2/19/2025	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sell ➝ Hold	$257.00	-1.92%
Get the Latest News and Ratings for ITW and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Illinois Tool Works and its competitors with MarketBeat's FREE daily newsletter.
2/3/2025	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Tami Zakaria Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$300.00 ➝ $295.00	+15.17%
12/6/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$255.00 ➝ $290.00	+5.35%
7/31/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Eade Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 04:21 AM ET.

Should I Buy Illinois Tool Works Stock? ITW Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, August 15, 2025. Please send any questions or comments about these Illinois Tool Works pros and cons to contact@marketbeat.com.

Illinois Tool Works
Bull Case

Here are some ways that investors could benefit from investing in Illinois Tool Works Inc.:

The company recently reported earnings per share (EPS) of $2.58, exceeding analysts' expectations, which indicates strong financial performance and potential for growth.
Illinois Tool Works Inc. has a high return on equity of 90.89%, suggesting effective management and a strong ability to generate profits from shareholders' equity.
The company has increased its quarterly dividend to $1.61, reflecting a commitment to returning value to shareholders. This translates to an annualized dividend yield of 2.5%, which can be attractive for income-focused investors.
With a net margin of 21.31%, Illinois Tool Works Inc. demonstrates efficient cost management and profitability, which can be appealing for long-term investors.
The current stock price is around $259, which may present a favorable entry point for investors looking to capitalize on the company's growth potential.

Illinois Tool Works
Bear Case

Investors should be bearish about investing in Illinois Tool Works Inc. for these reasons:

Despite recent earnings growth, the company has faced downgrades from several analysts, indicating potential concerns about future performance and market conditions.
Some analysts have set price targets below the current stock price, suggesting that the stock may be overvalued at its current level.
The dividend payout ratio is at 52.59%, which, while sustainable, indicates that a significant portion of earnings is being distributed as dividends, potentially limiting reinvestment in growth opportunities.
Market sentiment has been mixed, with a consensus rating of "Hold" from analysts, which may indicate uncertainty about the company's future prospects.
With three analysts rating the stock as a sell, there may be underlying concerns about the company's competitive position and market dynamics.

ITW Forecast - Frequently Asked Questions

: According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Illinois Tool Works is $259.33, with a high forecast of $295.00 and a low forecast of $220.00.
: 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Illinois Tool Works in the last year. There are currently 3 sell ratings, 8 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "reduce" ITW shares.
: According to analysts, Illinois Tool Works's stock has a predicted upside of 0.35% based on their 12-month stock forecasts.
: Over the previous 90 days, Illinois Tool Works's stock had 1 downgrade by analysts.
: Illinois Tool Works has been rated by research analysts at Barclays, Citigroup, Evercore ISI, Stifel Nicolaus, Truist Financial, UBS Group, and Wells Fargo & Company in the past 90 days.
: Analysts like Illinois Tool Works less than other "industrials" companies. The consensus rating for Illinois Tool Works is Reduce while the average consensus rating for "industrials" companies is Moderate Buy. Learn more on how ITW compares to other companies.

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This page (NYSE:ITW) was last updated on 8/16/2025 by MarketBeat.com Staff

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Illinois Tool Works (ITW) Stock Forecast & Price Target