Generali Asset Management SPA SGR Grows Stock Holdings in Illinois Tool Works Inc. $ITW

Generali Asset Management SPA SGR boosted its holdings in Illinois Tool Works Inc. (NYSE:ITW) by 13.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,259 shares of the industrial products company’s stock after buying an additional 4,270 shares during the period. Generali Asset Management SPA SGR’s holdings in Illinois Tool Works were worth $8,684,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of ITW. Caisse de depot et placement du Quebec grew its stake in Illinois Tool Works by 293.0% in the 3rd quarter. Caisse de depot et placement du Quebec now owns 424,547 shares of the industrial products company’s stock valued at $110,705,000 after buying an additional 316,512 shares in the last quarter. SG Americas Securities LLC grew its stake in Illinois Tool Works by 316.3% in the 4th quarter. SG Americas Securities LLC now owns 366,012 shares of the industrial products company’s stock valued at $90,149,000 after buying an additional 278,085 shares in the last quarter. Marshall Wace LLP grew its stake in Illinois Tool Works by 161.3% in the 3rd quarter. Marshall Wace LLP now owns 400,152 shares of the industrial products company’s stock valued at $104,344,000 after buying an additional 246,994 shares in the last quarter. UBS Group AG grew its stake in Illinois Tool Works by 10.7% in the 4th quarter. UBS Group AG now owns 2,101,383 shares of the industrial products company’s stock valued at $517,571,000 after buying an additional 203,863 shares in the last quarter. Finally, Vanguard Group Inc. grew its stake in Illinois Tool Works by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 26,887,218 shares of the industrial products company’s stock valued at $6,622,322,000 after buying an additional 189,229 shares in the last quarter. 79.77% of the stock is currently owned by hedge funds and other institutional investors.

Illinois Tool Works Stock Performance

NYSE ITW opened at $255.45 on Friday. 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 2.04, a quick ratio of 0.86 and a current ratio of 1.19. The company has a market capitalization of $73.59 billion, a P/E ratio of 23.72, a P/E/G ratio of 4.48 and a beta of 1.04. The company has a fifty day moving average of $268.73 and a 200-day moving average of $262.06.

Illinois Tool Works (NYSE:ITW) last posted its quarterly earnings data on Thursday, April 30th. The industrial products company reported $2.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.57 by $0.09. Illinois Tool Works had a net margin of 19.32% and a return on equity of 97.36%. The company had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $4.01 billion. During the same period in the previous year, the firm posted $2.38 EPS. The firm’s revenue was up 4.6% compared to the same quarter last year. Illinois Tool Works has set its FY 2026 guidance at 11.100-11.500 EPS. As a group, equities research analysts predict that Illinois Tool Works Inc. will post 11.36 EPS for the current fiscal year.

Illinois Tool Works Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Tuesday, March 31st were issued a dividend of $1.61 per share. This represents a $6.44 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend was Tuesday, March 31st. Illinois Tool Works’s payout ratio is currently 59.80%.

Wall Street Analyst Weigh In

ITW has been the subject of a number of recent analyst reports. UBS Group restated a “neutral” rating and set a $285.00 price target on shares of Illinois Tool Works in a research report on Wednesday, February 4th. The Goldman Sachs Group restated a “sell” rating and set a $254.00 price target on shares of Illinois Tool Works in a research report on Thursday, April 30th. Wolfe Research boosted their price target on shares of Illinois Tool Works from $276.00 to $295.00 and gave the company an “underperform” rating in a research report on Friday, February 27th. Robert W. Baird set a $278.00 price target on shares of Illinois Tool Works in a research report on Wednesday, February 4th. Finally, Truist Financial boosted their price target on shares of Illinois Tool Works from $275.00 to $280.00 and gave the company a “hold” rating in a research report on Wednesday, February 4th. Two analysts have rated the stock with a Buy rating, six have given a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, Illinois Tool Works has an average rating of “Reduce” and a consensus price target of $270.46.

About Illinois Tool Works

Illinois Tool Works Inc (ITW) is a diversified industrial manufacturer that designs and produces a broad array of engineered products, consumables and related service solutions for industrial customers. Its offerings span engineered fastening systems, specialty components, industrial equipment, welding products, foodservice and packaging equipment, adhesives and polymer products, and test-and-measurement technologies. These products are used as critical inputs by customers across automotive, construction, electronics, foodservice, maintenance and other industrial end markets.

The company operates a decentralized business model in which independently managed businesses focus on niche product lines and close customer relationships.