Illinois Tool Works (ITW) – Research Analysts’ Recent Ratings Changes

Several analysts have recently updated their ratings and price targets for Illinois Tool Works (NYSE: ITW):

• 10/28/2026 – Illinois Tool Works was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
• 10/28/2026 – Illinois Tool Works had its “hold” rating reaffirmed by Truist Financial. They now have a $293.00 price target on the stock, down from $297.00.
• 10/28/2026 – Illinois Tool Works had its price target lowered by Citigroup from $317.00 to $310.00. They now have a “neutral” rating on the stock.
• 10/27/2026 – Illinois Tool Works had its “sell” rating reaffirmed by The Goldman Sachs Group. They now have a $270.00 price target on the stock.
• 10/13/2026 – Illinois Tool Works was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 10/9/2026 – Illinois Tool Works was given a new $277.00 price target by UBS Group.
• 10/9/2026 – Illinois Tool Works was downgraded by JPMorgan Chase & Co. from “overweight” to “neutral”. They now have a $270.00 price target on the stock, down from $350.00.
• 10/5/2026 – Illinois Tool Works had its price target lowered by Truist Financial from $308.00 to $297.00. They now have a “hold” rating on the stock.
• 9/30/2026 – Illinois Tool Works had its price target lowered by Deutsche Bank Aktiengesellschaft from $287.00 to $281.00. They now have a “hold” rating on the stock.
• 9/28/2026 – Illinois Tool Works was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.

Illinois Tool Works Trading Up 0.4%

NYSE:ITW opened at $288.01 on Wednesday. The stock’s fifty day moving average price is $272.22 and its two-hundred day moving average price is $271.68. The company has a market cap of $81.85 billion, a P/E ratio of 25.67, a P/E/G ratio of 3.15 and a beta of 0.92. The company has a debt-to-equity ratio of 2.28, a current ratio of 1.29 and a quick ratio of 0.94. Illinois Tool Works Inc. has a 1 year low of $238.82 and a 1 year high of $303.15.

Illinois Tool Works (NYSE:ITW) last issued its earnings results on Tuesday, October 27th. The industrial products company reported $3.00 EPS for the quarter, topping the consensus estimate of $2.97 by $0.03. The business had revenue of $4.24 billion during the quarter, compared to the consensus estimate of $4.26 billion. Illinois Tool Works had a return on equity of 103.35% and a net margin of 19.39%. The firm’s revenue was up 4.5% compared to the same quarter last year. During the same quarter last year, the company earned $2.81 EPS. As a group, analysts expect that Illinois Tool Works Inc. will post 11.49 EPS for the current year.

Illinois Tool Works Announces Dividend

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

Insiders Place Their Bets

In related news, CAO Matteo Pigozzo sold 277 shares of the stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $289.22, for a total value of $80,113.94. Following the sale, the chief accounting officer owned 3,394 shares in the company, valued at approximately $981,612.68. This trade represents a 7.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Ernest Santi sold 60,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 4th. The shares were 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 $78,000,945.71. This represents a 18.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 101,708 shares of company stock worth $29,546,740 in the last quarter. 0.83% of the stock is currently owned by company insiders.

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.