Research Analysts Set Expectations for ITW Q1 Earnings

Illinois Tool Works Inc. (NYSE:ITW) – Investment analysts at Zacks Research dropped their Q1 2026 earnings estimates for shares of Illinois Tool Works in a report released on Wednesday, July 16th. Zacks Research analyst A. Bhattacharjee now expects that the industrial products company will earn $2.54 per share for the quarter, down from their prior forecast of $2.55. 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’ FY2026 earnings at $10.95 EPS, Q1 2027 earnings at $2.80 EPS and FY2027 earnings at $11.72 EPS.

Several other analysts have also issued reports on the stock. Wells Fargo & Company raised their price target on shares of Illinois Tool Works from $230.00 to $235.00 and gave the stock an “underweight” rating in a research report on Tuesday, July 1st. UBS Group decreased their price target on shares of Illinois Tool Works from $269.00 to $234.00 and set a “neutral” rating on the stock in a research report on Monday, April 7th. Citigroup raised their price target on shares of Illinois Tool Works from $254.00 to $265.00 and gave the stock a “neutral” rating in a research report on Monday, July 14th. Truist Financial decreased their price target on shares of Illinois Tool Works from $302.00 to $284.00 and set a “buy” rating on the stock in a research report on Thursday, May 1st. Finally, Robert W. Baird lifted their target price on shares of Illinois Tool Works from $239.00 to $244.00 and gave the company a “neutral” rating in a research report on Thursday, May 1st. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $253.83.

Illinois Tool Works Stock Performance

Shares of ITW opened at $255.22 on Friday. The company has a market capitalization of $74.78 billion, a PE ratio of 22.45, a price-to-earnings-growth ratio of 5.40 and a beta of 1.09. Illinois Tool Works has a one year low of $214.66 and a one year high of $279.13. The company has a debt-to-equity ratio of 2.25, a current ratio of 1.60 and a quick ratio of 1.16. The company’s fifty day moving average price is $249.03 and its 200 day moving average price is $249.53.

Illinois Tool Works (NYSE:ITW) last posted its 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. The firm had revenue of $3.84 billion for the quarter, compared to the consensus estimate of $3.83 billion. Illinois Tool Works had a net margin of 21.37% and a return on equity of 92.77%. The business’s quarterly revenue was down 3.4% on a year-over-year basis. During the same period in the prior year, the business posted $2.44 earnings per share.

Illinois Tool Works Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 11th. Investors of record on Monday, June 30th were paid a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.35%. The ex-dividend date was Monday, June 30th. Illinois Tool Works’s dividend payout ratio (DPR) is 52.77%.

Insider Buying and Selling at Illinois Tool Works

In related news, Director David Byron Smith, Jr. purchased 872 shares of Illinois Tool Works stock in a transaction dated Monday, June 2nd. The stock was bought at an average price 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 of the company’s stock, valued at $29,634,705.44. This represents a 0.71% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.88% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. McGuire Investment Group LLC raised its position in Illinois Tool Works by 0.9% during the second quarter. McGuire Investment Group LLC now owns 43,646 shares of the industrial products company’s stock worth $10,791,000 after acquiring an additional 397 shares in the last quarter. RKL Wealth Management LLC raised its position in Illinois Tool Works by 3.5% during the second quarter. RKL Wealth Management LLC now owns 7,747 shares of the industrial products company’s stock worth $1,915,000 after acquiring an additional 260 shares in the last quarter. SOA Wealth Advisors LLC. raised its position in Illinois Tool Works by 90.9% during the second quarter. SOA Wealth Advisors LLC. now owns 105 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 50 shares in the last quarter. Childress Capital Advisors LLC raised its position in Illinois Tool Works by 37.8% during the second quarter. Childress Capital Advisors LLC now owns 2,250 shares of the industrial products company’s stock worth $556,000 after acquiring an additional 617 shares in the last quarter. Finally, Columbia Asset Management raised its position in Illinois Tool Works by 7.3% during the second quarter. Columbia Asset Management now owns 9,555 shares of the industrial products company’s stock worth $2,362,000 after acquiring an additional 651 shares in the last quarter. Institutional investors and hedge funds own 79.77% of the company’s stock.

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.