Q3 EPS Forecast for Illinois Tool Works Decreased by Analyst

Illinois Tool Works Inc. (NYSE:ITW) – Stock analysts at Zacks Research reduced their Q3 2025 earnings per share (EPS) estimates for Illinois Tool Works in a report issued on Wednesday, May 14th. Zacks Research analyst A. Bhattacharjee now expects that the industrial products company will earn $2.63 per share for the quarter, down from their previous forecast of $2.72. 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’ Q2 2026 earnings at $2.77 EPS, Q3 2026 earnings at $2.84 EPS and FY2026 earnings at $10.97 EPS.

ITW has been the subject of several other research reports. JPMorgan Chase & Co. decreased their target price on Illinois Tool Works from $300.00 to $295.00 and set an “overweight” rating for the company in a research report on Monday, February 3rd. Wells Fargo & Company decreased their target price on Illinois Tool Works from $250.00 to $245.00 and set an “underweight” rating for the company in a research report on Thursday, February 6th. Deutsche Bank Aktiengesellschaft upgraded Illinois Tool Works from a “sell” rating to a “hold” rating and set a $257.00 target price for the company in a research report on Wednesday, February 19th. Bank of America lowered Illinois Tool Works from a “neutral” rating to an “underperform” rating and set a $220.00 target price for the company. in a research report on Wednesday, May 7th. Finally, Evercore ISI decreased their target price on Illinois Tool Works from $255.00 to $252.00 and set an “underperform” rating for the company in a research report on Wednesday, February 19th. Three analysts have rated the stock with a sell rating, eight have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Illinois Tool Works currently has an average rating of “Hold” and a consensus target price of $253.67.

Illinois Tool Works Trading Up 1.4%

NYSE:ITW opened at $251.33 on Monday. The company has a debt-to-equity ratio of 1.90, a quick ratio of 0.99 and a current ratio of 1.36. Illinois Tool Works has a one year low of $214.66 and a one year high of $279.13. The business’s 50-day simple moving average is $241.76 and its 200 day simple moving average is $255.54. The stock has a market cap of $73.64 billion, a price-to-earnings ratio of 21.44, a price-to-earnings-growth ratio of 4.56 and a beta of 1.12.

Illinois Tool Works (NYSE:ITW) last released its quarterly earnings results on Wednesday, April 30th. The industrial products company reported $2.38 EPS for the quarter, topping the consensus estimate of $2.34 by $0.04. Illinois Tool Works had a return on equity of 95.39% and a net margin of 21.94%. The business had revenue of $3.84 billion for the quarter, compared to analysts’ expectations of $3.83 billion. During the same quarter in the previous year, the firm posted $2.44 earnings per share. The company’s revenue was down 3.4% compared to the same quarter last year.

Illinois Tool Works Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 11th. Investors of record on Monday, June 30th will be given a dividend of $1.50 per share. The ex-dividend date is Monday, June 30th. This represents a $6.00 annualized dividend and a dividend yield of 2.39%. Illinois Tool Works’s dividend payout ratio is presently 52.77%.

Insider Buying and Selling

In other Illinois Tool Works news, Director Ernest Scott Santi sold 70,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $263.30, for a total value of $18,431,000.00. Following the completion of the sale, the director now owns 260,224 shares in the company, valued at approximately $68,516,979.20. This trade represents a 21.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Michael M. Larsen sold 41,472 shares of the firm’s stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of $271.25, for a total value of $11,249,280.00. Following the completion of the sale, the chief financial officer now owns 50,502 shares of the company’s stock, valued at $13,698,667.50. This represents a 45.09% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 159,925 shares of company stock valued at $42,973,845. Insiders own 0.88% of the company’s stock.

Institutional Investors Weigh In On Illinois Tool Works

A number of hedge funds and other institutional investors have recently bought and sold shares of ITW. Prudent Man Investment Management Inc. acquired a new stake in Illinois Tool Works during the 4th quarter valued at $25,000. Redwood Park Advisors LLC acquired a new stake in Illinois Tool Works during the 4th quarter valued at $26,000. Ameriflex Group Inc. bought a new position in Illinois Tool Works in the 4th quarter valued at $26,000. von Borstel & Associates Inc. bought a new position in Illinois Tool Works in the 1st quarter valued at $26,000. Finally, Sugar Maple Asset Management LLC bought a new position in Illinois Tool Works in the 4th quarter valued at $28,000. 79.77% of the stock is owned by institutional investors and hedge funds.

Illinois Tool Works Company Profile

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.