Raiffeisen Bank International AG Has $1.31 Million Position in Illinois Tool Works Inc. $ITW

Raiffeisen Bank International AG raised its holdings in shares of Illinois Tool Works Inc. (NYSE:ITW) by 83.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,000 shares of the industrial products company’s stock after purchasing an additional 2,269 shares during the quarter. Raiffeisen Bank International AG’s holdings in Illinois Tool Works were worth $1,307,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Corsicana & Co. purchased a new position in shares of Illinois Tool Works during the third quarter valued at approximately $26,000. Vermillion & White Wealth Management Group LLC lifted its stake in Illinois Tool Works by 103.3% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 124 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 63 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new position in Illinois Tool Works during the 2nd quarter worth $31,000. True Wealth Design LLC grew its stake in shares of Illinois Tool Works by 341.9% in the 3rd quarter. True Wealth Design LLC now owns 137 shares of the industrial products company’s stock worth $36,000 after acquiring an additional 106 shares in the last quarter. Finally, MTM Investment Management LLC raised its holdings in shares of Illinois Tool Works by 70.5% in the third quarter. MTM Investment Management LLC now owns 162 shares of the industrial products company’s stock valued at $42,000 after purchasing an additional 67 shares during the last quarter. 79.77% of the stock is owned by hedge funds and other institutional investors.

Key Illinois Tool Works News

Here are the key news stories impacting Illinois Tool Works this week:

• Positive Sentiment: Zacks raised FY2026 EPS to $11.21 (from $11.17) and increased several 2026 quarterly estimates (Q1–Q4 2026 slightly higher), implying stronger near‑term earnings momentum for ITW. Zacks raises FY2026 & 2026 quarter estimates
• Positive Sentiment: Zacks lifted FY2027 guidance to $12.10 EPS and increased Q3 2027 to $3.13 — an upward revision to multi‑year expectations that supports a higher valuation multiple. Zacks raises FY2027 estimates
• Positive Sentiment: Zacks published FY2028 estimates at $13.21 EPS, showing continued expected earnings growth beyond FY2027. This longer‑range raise can improve investor confidence in ITW’s growth trajectory. Zacks issues FY2028 estimate
• Negative Sentiment: One small downgrade: Zacks trimmed Q1 2027 to $2.79 from $2.80 — a very minor change that slightly offsets other raises but is unlikely to materially alter the outlook on its own. Zacks trims Q1 2027 estimate

Illinois Tool Works Stock Performance

Shares of ITW opened at $294.61 on Friday. Illinois Tool Works Inc. has a 1 year low of $214.66 and a 1 year high of $303.15. The company has a debt-to-equity ratio of 2.07, a current ratio of 1.21 and a quick ratio of 0.89. The stock’s fifty day moving average price is $265.86 and its two-hundred day moving average price is $258.51. The firm has a market cap of $84.91 billion, a PE ratio of 28.08, a PEG ratio of 15.79 and a beta of 1.15.

Illinois Tool Works (NYSE:ITW) last posted its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.69 by $0.03. Illinois Tool Works had a return on equity of 95.16% and a net margin of 19.11%.The company had revenue of $4.09 billion during the quarter, compared to the consensus estimate of $4.07 billion. During the same quarter in the prior year, the company earned $2.54 EPS. The firm’s quarterly revenue was up 4.1% compared to the same quarter last year. Illinois Tool Works has set its FY 2026 guidance at 11.000-11.400 EPS. On average, equities research analysts forecast that Illinois Tool Works Inc. will post 10.39 EPS for the current year.

Illinois Tool Works Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Tuesday, March 31st will be paid a $1.61 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $6.44 annualized dividend and a dividend yield of 2.2%. Illinois Tool Works’s dividend payout ratio (DPR) is presently 61.39%.

Insider Buying and Selling

In related news, Director Ernest Scott Santi sold 167,345 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $290.93, for a total transaction of $48,685,680.85. Following the sale, the director directly owned 258,766 shares in the company, valued at approximately $75,282,792.38. This represents a 39.27% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Axel Beck sold 4,223 shares of Illinois Tool Works stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $290.22, for a total transaction of $1,225,599.06. Following the completion of the transaction, the executive vice president owned 5,789 shares of the company’s stock, valued at $1,680,083.58. This represents a 42.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.88% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on ITW. Bank of America upgraded shares of Illinois Tool Works from an “underperform” rating to a “neutral” rating and boosted their price target for the stock from $220.00 to $255.00 in a report on Tuesday, November 18th. Barclays lifted their target price on shares of Illinois Tool Works from $244.00 to $275.00 and gave the stock an “underweight” rating in a research report on Monday, February 9th. Wolfe Research reduced their target price on Illinois Tool Works from $278.00 to $276.00 and set an “underperform” rating for the company in a report on Wednesday, February 4th. Truist Financial increased their price target on Illinois Tool Works from $275.00 to $280.00 and gave the company a “hold” rating in a research report on Wednesday, February 4th. Finally, Evercore cut their price objective on Illinois Tool Works from $261.00 to $253.00 and set an “underperform” rating on the stock in a research report on Monday, November 17th. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $272.92.

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.