Equities Analysts Set Expectations for ITW Q1 Earnings

Illinois Tool Works Inc. (NYSE:ITW) – Stock analysts at Zacks Research lowered their Q1 2026 earnings per share (EPS) estimates for Illinois Tool Works in a report issued on Wednesday, November 13th. Zacks Research analyst A. Bhattacharjee now forecasts that the industrial products company will post earnings of $2.68 per share for the quarter, down from their prior estimate of $2.71. The consensus estimate for Illinois Tool Works’ current full-year earnings is $10.13 per share.

Several other equities research analysts have also recently commented on the company. Barclays boosted their target price on Illinois Tool Works from $215.00 to $230.00 and gave the stock an “underweight” rating in a report on Friday, November 1st. Argus upgraded shares of Illinois Tool Works to a “strong-buy” rating in a research report on Wednesday, July 31st. StockNews.com upgraded shares of Illinois Tool Works from a “hold” rating to a “buy” rating in a research report on Thursday, October 31st. Robert W. Baird lifted their price objective on shares of Illinois Tool Works from $240.00 to $250.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. Finally, Evercore ISI cut shares of Illinois Tool Works from an “in-line” rating to an “underperform” rating and boosted their price target for the company from $246.00 to $255.00 in a report on Wednesday, November 13th. Four analysts have rated the stock with a sell rating, four have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Illinois Tool Works presently has an average rating of “Hold” and an average target price of $257.30.

Illinois Tool Works Stock Performance

ITW opened at $266.46 on Monday. Illinois Tool Works has a twelve month low of $232.77 and a twelve month high of $277.58. The stock has a market cap of $78.69 billion, a PE ratio of 23.05, a price-to-earnings-growth ratio of 4.19 and a beta of 1.10. The business’s 50 day moving average is $260.94 and its 200-day moving average is $249.34. The company has a current ratio of 1.36, a quick ratio of 0.97 and a debt-to-equity ratio of 1.94.

Illinois Tool Works (NYSE:ITW) last released its quarterly earnings results on Wednesday, October 30th. The industrial products company reported $2.65 earnings per share for the quarter, beating analysts’ consensus estimates of $2.53 by $0.12. The company had revenue of $3.97 billion for the quarter, compared to analysts’ expectations of $4.02 billion. Illinois Tool Works had a return on equity of 97.06% and a net margin of 21.66%. The business’s revenue for the quarter was down 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.55 earnings per share.

Institutional Investors Weigh In On Illinois Tool Works

Hedge funds have recently bought and sold shares of the company. PEAK6 Investments LLC boosted its holdings in Illinois Tool Works by 17.5% during the first quarter. PEAK6 Investments LLC now owns 942 shares of the industrial products company’s stock valued at $253,000 after acquiring an additional 140 shares during the period. Wolverine Asset Management LLC bought a new stake in shares of Illinois Tool Works in the third quarter valued at about $1,179,000. Handelsbanken Fonder AB lifted its stake in shares of Illinois Tool Works by 7.3% in the third quarter. Handelsbanken Fonder AB now owns 144,995 shares of the industrial products company’s stock valued at $37,999,000 after buying an additional 9,825 shares during the period. BDF Gestion bought a new stake in shares of Illinois Tool Works in the second quarter valued at about $1,727,000. Finally, NewEdge Advisors LLC lifted its stake in shares of Illinois Tool Works by 7.8% in the second quarter. NewEdge Advisors LLC now owns 175,921 shares of the industrial products company’s stock valued at $41,686,000 after buying an additional 12,804 shares during the period. 79.77% of the stock is currently owned by institutional investors.

Illinois Tool Works Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Tuesday, December 31st will be issued a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date is Tuesday, December 31st. Illinois Tool Works’s dividend payout ratio (DPR) is 51.90%.

Illinois Tool Works Company Profile

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.