Illinois Tool Works (NYSE:ITW) Price Target Raised to $278.00

18 Jan 2026, 05:22 by Renee Jackson · The Cerbat Gem

Illinois Tool Works (NYSE:ITW – Free Report) had its target price increased by Wolfe Research from $264.00 to $278.00 in a research report report published on Thursday,MarketScreener reports. The brokerage currently has an underperform rating on the industrial products company’s stock.

A number of other equities analysts also recently commented on ITW. Weiss Ratings reissued a “buy (b-)” rating on shares of Illinois Tool Works in a research report on Friday, October 31st. Robert W. Baird set a $265.00 price objective on shares of Illinois Tool Works in a research report on Monday, October 27th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Illinois Tool Works from $265.00 to $268.00 and gave the stock a “hold” rating in a research report on Thursday, October 2nd. The Goldman Sachs Group lowered Illinois Tool Works from a “neutral” rating to a “sell” rating and dropped their target price for the company from $258.00 to $230.00 in a report on Tuesday, December 16th. Finally, Barclays lifted their price target on Illinois Tool Works from $243.00 to $244.00 and gave the stock an “underweight” rating in a report on Monday, October 27th. Two equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $261.08.

Check Out Our Latest Analysis on Illinois Tool Works

Illinois Tool Works Stock Performance

NYSE:ITW opened at $263.56 on Thursday. Illinois Tool Works has a 52 week low of $214.66 and a 52 week high of $278.13. The company has a fifty day simple moving average of $250.14 and a two-hundred day simple moving average of $254.83. The company has a quick ratio of 1.11, a current ratio of 1.53 and a debt-to-equity ratio of 2.39. The company has a market cap of $76.46 billion, a price-to-earnings ratio of 25.56, a price-to-earnings-growth ratio of 14.16 and a beta of 1.15.

Illinois Tool Works (NYSE:ITW – Get Free Report) last announced its quarterly earnings data on Friday, October 24th. The industrial products company reported $2.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.72 by $0.09. Illinois Tool Works had a return on equity of 93.26% and a net margin of 19.05%.The business had revenue of $4.06 billion for the quarter, compared to analysts’ expectations of $4.09 billion. During the same period last year, the firm earned $3.91 earnings per share. The company’s revenue for the quarter was up 2.3% compared to the same quarter last year. Illinois Tool Works has set its FY 2025 guidance at 10.400-10.500 EPS. As a group, equities analysts anticipate that Illinois Tool Works will post 10.39 earnings per share for the current fiscal year.

Illinois Tool Works Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 9th. Stockholders of record on Wednesday, December 31st were issued a $1.61 dividend. This represents a $6.44 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend was Wednesday, December 31st. Illinois Tool Works’s payout ratio is presently 62.46%.

Insider Transactions at Illinois Tool Works

In related news, Director Pamela B. Strobel sold 1,521 shares of the firm’s stock in a transaction that occurred on Wednesday, November 5th. The stock was sold at an average price of $245.25, for a total transaction of $373,025.25. Following the transaction, the director owned 39,249 shares in the company, valued at $9,625,817.25. This trade represents a 3.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.88% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Illinois Tool Works

A number of hedge funds have recently modified their holdings of the business. Brighton Jones LLC increased its stake in Illinois Tool Works by 5.3% in the fourth quarter. Brighton Jones LLC now owns 5,519 shares of the industrial products company’s stock valued at $1,399,000 after purchasing an additional 277 shares during the period. Bison Wealth LLC grew its holdings in shares of Illinois Tool Works by 2.3% during the fourth quarter. Bison Wealth LLC now owns 3,555 shares of the industrial products company’s stock worth $901,000 after buying an additional 81 shares during the last quarter. Balefire LLC raised its stake in Illinois Tool Works by 10.6% during the 2nd quarter. Balefire LLC now owns 1,871 shares of the industrial products company’s stock valued at $463,000 after acquiring an additional 180 shares during the last quarter. Sivia Capital Partners LLC raised its stake in Illinois Tool Works by 20.6% during the 2nd quarter. Sivia Capital Partners LLC now owns 1,038 shares of the industrial products company’s stock valued at $257,000 after acquiring an additional 177 shares during the last quarter. Finally, Sovran Advisors LLC grew its stake in shares of Illinois Tool Works by 12.0% in the 2nd quarter. Sovran Advisors LLC now owns 2,736 shares of the industrial products company’s stock valued at $706,000 after purchasing an additional 293 shares during the last quarter. 79.77% of the stock is currently owned by hedge funds and other institutional investors.

About Illinois Tool Works

(Get Free Report)

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.