Illinois Tool Works Inc. $ITW Stock: Lido Advisors LLC Boosts Holdings

Lido Advisors LLC lifted its stake in shares of Illinois Tool Works Inc. (NYSE:ITW) by 17.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 33,775 shares of the industrial products company’s stock after purchasing an additional 4,986 shares during the quarter. Lido Advisors LLC’s holdings in Illinois Tool Works were worth $8,690,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. Keybank National Association OH grew its stake in shares of Illinois Tool Works by 1.3% during the third quarter. Keybank National Association OH now owns 48,230 shares of the industrial products company’s stock worth $12,409,000 after buying an additional 641 shares during the last quarter. D Orazio & Associates Inc. lifted its stake in shares of Illinois Tool Works by 3.0% in the 3rd quarter. D Orazio & Associates Inc. now owns 1,823 shares of the industrial products company’s stock valued at $469,000 after acquiring an additional 53 shares during the last quarter. New York Life Investment Management LLC lifted its stake in shares of Illinois Tool Works by 0.6% in the 3rd quarter. New York Life Investment Management LLC now owns 45,700 shares of the industrial products company’s stock valued at $11,758,000 after acquiring an additional 281 shares during the last quarter. Cpwa LLC lifted its stake in shares of Illinois Tool Works by 10.2% in the 3rd quarter. Cpwa LLC now owns 905 shares of the industrial products company’s stock valued at $240,000 after acquiring an additional 84 shares during the last quarter. Finally, Torrey Growth & Income Advisors boosted its holdings in shares of Illinois Tool Works by 25.0% during the 3rd quarter. Torrey Growth & Income Advisors now owns 1,000 shares of the industrial products company’s stock valued at $264,000 after acquiring an additional 200 shares in the last quarter. 79.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Illinois Tool Works news, Director Ernest Santi sold 60,000 shares of the stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $292.87, for a total transaction of $17,572,200.00. Following the completion of the sale, the director directly owned 266,333 shares in the company, valued at approximately $78,000,945.71. This trade represents a 18.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.83% of the company’s stock.

Illinois Tool Works Stock Down 0.7%

Shares of NYSE ITW opened at $286.77 on Friday. The company has a market capitalization of $81.50 billion, a P/E ratio of 25.56, a price-to-earnings-growth ratio of 3.17 and a beta of 0.92. Illinois Tool Works Inc. has a 52-week low of $238.82 and a 52-week high of $303.15. The company has a debt-to-equity ratio of 2.28, a quick ratio of 0.94 and a current ratio of 1.29. The company’s 50 day moving average price is $272.95 and its 200-day moving average price is $271.97.

Illinois Tool Works (NYSE:ITW) last posted its quarterly earnings data on Tuesday, October 27th. The industrial products company reported $3.00 EPS for the quarter, beating analysts’ consensus estimates of $2.97 by $0.03. Illinois Tool Works had a net margin of 19.39% and a return on equity of 103.35%. The company had revenue of $4.24 billion for the quarter, compared to analyst estimates of $4.26 billion. During the same period in the prior year, the firm posted $2.81 EPS. The company’s quarterly revenue was up 4.5% on a year-over-year basis. Equities analysts forecast that Illinois Tool Works Inc. will post 11.49 earnings per share for the current year.

Illinois Tool Works Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 15th. Investors of record on Thursday, December 31st will be issued a $1.72 dividend. The ex-dividend date is Thursday, December 31st. This represents a $6.88 annualized dividend and a yield of 2.4%. Illinois Tool Works’s payout ratio is presently 61.32%.

Trending Headlines about Illinois Tool Works

These are some of the ITW headlines that stood out recently:

• Positive Sentiment: ITW raised its 2026 outlook following a third-quarter margin gain, a potentially supportive sign for earnings expectations. Illinois Tool Works stock lifts 2026 outlook after Q3 margin gain
• Positive Sentiment: Zacks Research modestly increased its estimates for Q4 2026 EPS to $2.96 from $2.93, FY2026 EPS to $11.46 from $11.39, and Q2 2027 EPS to $3.04 from $3.03. These revisions suggest slightly improved near-term expectations.
• Negative Sentiment: Zacks Research trimmed estimates across several later periods, including FY2027 EPS to $12.21 from $12.33 and FY2028 EPS to $13.08 from $13.20, alongside cuts to multiple 2027–2028 quarterly forecasts. The reductions could temper the positive impact of the higher 2026 outlook.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on ITW. Robert W. Baird boosted their price objective on Illinois Tool Works from $278.00 to $297.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 29th. Weiss Ratings upgraded Illinois Tool Works from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, October 28th. The Goldman Sachs Group reiterated a “sell” rating and issued a $270.00 target price on shares of Illinois Tool Works in a research report on Tuesday, October 27th. Citigroup cut their price target on Illinois Tool Works from $317.00 to $310.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 28th. Finally, UBS Group set a $277.00 price target on Illinois Tool Works in a report on Friday, October 9th. One equities research analyst has rated the stock with a Buy rating, seven have given a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average price target of $276.33.

Illinois Tool Works Profile

Illinois Tool Works Inc. (NYSE: ITW) is a diversified manufacturer serving industrial and commercial customers around the world. Founded in 1912, the company is known for its decentralized operating model and focus on specialized products and solutions. ITW’s businesses make products and equipment for a range of markets, including automotive, food service, construction, welding, and testing and measurement. Its offerings include food-service equipment, welding systems and consumables, automotive components, construction products, polymers and fluids, and laboratory and electronics testing equipment.