Zacks Research Issues Positive Forecast for ITW Earnings

Illinois Tool Works Inc. (NYSE:ITW) – Equities researchers at Zacks Research boosted their Q3 2025 earnings per share (EPS) estimates for Illinois Tool Works in a research report issued to clients and investors on Wednesday, August 13th. Zacks Research analyst A. Bhattacharjee now forecasts that the industrial products company will post earnings per share of $2.68 for the quarter, up from their previous forecast of $2.63. The consensus estimate for Illinois Tool Works’ current full-year earnings is $10.39 per share. Zacks Research also issued estimates for Illinois Tool Works’ Q4 2025 earnings at $2.73 EPS, FY2025 earnings at $10.37 EPS, Q1 2026 earnings at $2.52 EPS, Q2 2026 earnings at $2.82 EPS, Q3 2026 earnings at $2.91 EPS, Q4 2026 earnings at $2.89 EPS and Q2 2027 earnings at $3.01 EPS.

ITW has been the subject of a number of other research reports. Truist Financial cut Illinois Tool Works from a “buy” rating to a “hold” rating and set a $283.00 price objective for the company. in a research report on Thursday, July 31st. Stifel Nicolaus lifted their price objective on Illinois Tool Works from $255.00 to $261.00 and gave the company a “hold” rating in a research report on Thursday, July 31st. UBS Group lifted their price objective on Illinois Tool Works from $243.00 to $255.00 and gave the company a “neutral” rating in a research report on Thursday, July 31st. Barclays lifted their price objective on Illinois Tool Works from $240.00 to $243.00 and gave the company an “equal weight” rating in a research report on Monday, August 4th. Finally, Evercore ISI reduced their price objective on Illinois Tool Works from $252.00 to $249.00 and set an “underperform” rating for the company in a research report on Monday, May 19th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $259.33.

Illinois Tool Works Stock Performance

Shares of Illinois Tool Works stock opened at $262.57 on Thursday. The stock has a market cap of $76.54 billion, a PE ratio of 23.01, a price-to-earnings-growth ratio of 5.77 and a beta of 1.09. The business has a fifty day simple moving average of $253.62 and a 200-day simple moving average of $250.15. The company has a quick ratio of 1.15, a current ratio of 1.59 and a debt-to-equity ratio of 2.40. Illinois Tool Works has a 12 month low of $214.66 and a 12 month high of $279.13.

Illinois Tool Works (NYSE:ITW) last issued its earnings results on Wednesday, July 30th. The industrial products company reported $2.58 EPS for the quarter, topping the consensus estimate of $2.56 by $0.02. The business had revenue of $4.05 billion during the quarter, compared to analysts’ expectations of $4.01 billion. Illinois Tool Works had a return on equity of 90.89% and a net margin of 21.31%. Illinois Tool Works’s revenue was up .6% compared to the same quarter last year. During the same quarter last year, the firm posted $2.54 earnings per share.

Illinois Tool Works Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 10th. Shareholders of record on Tuesday, September 30th will be issued a dividend of $1.61 per share. This represents a $6.44 annualized dividend and a yield of 2.5%. This is an increase from Illinois Tool Works’s previous quarterly dividend of $1.50. The ex-dividend date is Tuesday, September 30th. Illinois Tool Works’s dividend payout ratio is 52.59%.

Insiders Place Their Bets

In related news, Director David Byron Smith, Jr. bought 872 shares of the business’s stock in a transaction on Monday, June 2nd. The shares were bought at an average cost of $241.16 per share, for a total transaction of $210,291.52. Following the completion of the acquisition, the director directly owned 122,884 shares in the company, valued at approximately $29,634,705.44. This represents a 0.71% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.88% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Illinois Tool Works

Several institutional investors have recently bought and sold shares of ITW. Norges Bank bought a new position in shares of Illinois Tool Works in the second quarter worth about $821,888,000. GAMMA Investing LLC increased its stake in shares of Illinois Tool Works by 26,372.8% in the first quarter. GAMMA Investing LLC now owns 2,065,675 shares of the industrial products company’s stock worth $5,123,080,000 after purchasing an additional 2,057,872 shares during the period. Auto Owners Insurance Co increased its stake in shares of Illinois Tool Works by 55,978.4% in the first quarter. Auto Owners Insurance Co now owns 1,430,000 shares of the industrial products company’s stock worth $354,654,000 after purchasing an additional 1,427,450 shares during the period. Nuveen LLC bought a new position in shares of Illinois Tool Works in the first quarter worth about $293,928,000. Finally, Northern Trust Corp increased its stake in shares of Illinois Tool Works by 3.9% in the fourth quarter. Northern Trust Corp now owns 13,667,653 shares of the industrial products company’s stock worth $3,465,570,000 after purchasing an additional 508,188 shares during the period. 79.77% of the stock is currently owned by institutional investors.

About Illinois Tool Works

Illinois Tool Works Inc manufactures and sells industrial products and equipment in the United States and internationally. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products.