Zacks Research Has Negative Estimate for ITW Q2 Earnings

Illinois Tool Works Inc. (NYSE:ITW) – Equities researchers at Zacks Research cut their Q2 2025 earnings per share estimates for shares of 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 $2.53 per share for the quarter, down from their prior estimate of $2.56. 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 $2.65 EPS, FY2025 earnings at $10.19 EPS, Q1 2026 earnings at $2.55 EPS, Q4 2026 earnings at $2.80 EPS, Q1 2027 earnings at $2.81 EPS and FY2027 earnings at $11.74 EPS.

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 analysts’ consensus estimates of $2.34 by $0.04. The business had revenue of $3.84 billion during the quarter, compared to analysts’ expectations of $3.83 billion. Illinois Tool Works had a net margin of 21.94% and a return on equity of 95.39%. The business’s quarterly revenue was down 3.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.44 EPS.

ITW has been the topic of a number of other research reports. StockNews.com downgraded shares of Illinois Tool Works from a “buy” rating to a “hold” rating in a research report on Thursday, February 6th. JPMorgan Chase & Co. reduced their price objective on shares of Illinois Tool Works from $300.00 to $295.00 and set an “overweight” rating for the company in a research note on Monday, February 3rd. Stifel Nicolaus increased their price objective on shares of Illinois Tool Works from $227.00 to $233.00 and gave the company a “hold” rating in a research report on Thursday, May 1st. UBS Group lowered their target price on shares of Illinois Tool Works from $269.00 to $234.00 and set a “neutral” rating for the company in a report on Monday, April 7th. Finally, Truist Financial decreased their price objective on shares of Illinois Tool Works from $302.00 to $284.00 and set a “buy” rating for the company in a report on Thursday, May 1st. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Illinois Tool Works presently has an average rating of “Hold” and an average target price of $253.67.

Illinois Tool Works Stock Up 1.4%

NYSE:ITW opened at $251.33 on Friday. Illinois Tool Works has a 1-year low of $214.66 and a 1-year high of $279.13. The firm’s 50-day moving average price is $241.76 and its 200-day moving average price is $255.64. The company has a market capitalization of $73.64 billion, a PE ratio of 21.44, a P/E/G ratio of 4.56 and a beta of 1.12. The company has a debt-to-equity ratio of 1.90, a current ratio of 1.36 and a quick ratio of 0.99.

Institutional Trading of Illinois Tool Works

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Prudent Man Investment Management Inc. acquired a new position in shares of Illinois Tool Works in the 4th quarter worth approximately $25,000. Ameriflex Group Inc. purchased a new position in shares of Illinois Tool Works in the fourth quarter worth approximately $26,000. Redwood Park Advisors LLC purchased a new position in shares of Illinois Tool Works in the fourth quarter worth approximately $26,000. von Borstel & Associates Inc. purchased a new position in shares of Illinois Tool Works in the first quarter worth approximately $26,000. Finally, Glass Jacobson Investment Advisors llc increased its position in shares of Illinois Tool Works by 336.0% in the fourth quarter. Glass Jacobson Investment Advisors llc now owns 109 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 84 shares in the last quarter. 79.77% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Ernest Scott Santi sold 70,000 shares of Illinois Tool Works stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $263.30, for a total value of $18,431,000.00. Following the sale, the director now directly owns 260,224 shares in the company, valued at $68,516,979.20. This trade represents a 21.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Michael M. Larsen sold 41,472 shares of the business’s stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $271.25, for a total transaction of $11,249,280.00. Following the sale, the chief financial officer now owns 50,502 shares in the company, valued at $13,698,667.50. This trade represents a 45.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 159,925 shares of company stock worth $42,973,845 over the last ninety days. 0.88% of the stock is currently owned by insiders.

Illinois Tool Works Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 11th. Stockholders of record on Monday, June 30th will be given a $1.50 dividend. 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%.

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.