Calamos Advisors LLC Decreases Stake in Illinois Tool Works Inc. $ITW

Calamos Advisors LLC decreased its position in Illinois Tool Works Inc. (NYSE:ITW) by 3.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 60,902 shares of the industrial products company’s stock after selling 2,327 shares during the period. Calamos Advisors LLC’s holdings in Illinois Tool Works were worth $15,000,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ITW. Lodestone Wealth Management LLC purchased a new stake in Illinois Tool Works in the 4th quarter valued at about $28,000. Beacon Financial Strategies CORP purchased a new stake in Illinois Tool Works in the 4th quarter valued at about $29,000. True Wealth Design LLC increased its stake in Illinois Tool Works by 341.9% in the 3rd quarter. True Wealth Design LLC now owns 137 shares of the industrial products company’s stock valued at $36,000 after buying an additional 106 shares during the last quarter. MTM Investment Management LLC increased its stake in Illinois Tool Works by 70.5% in the 3rd quarter. MTM Investment Management LLC now owns 162 shares of the industrial products company’s stock valued at $42,000 after buying an additional 67 shares during the last quarter. Finally, Financial Consulate Inc. purchased a new stake in Illinois Tool Works in the 3rd quarter valued at about $43,000. Hedge funds and other institutional investors own 79.77% of the company’s stock.

Trending Headlines about Illinois Tool Works

Here are the key news stories impacting Illinois Tool Works this week:

• Positive Sentiment: Wall Street expects ITW to report earnings growth next week; analysts see the company as having the right setup for a likely beat, which supports near-term upside into the report. Illinois Tool Works (ITW) Reports Next Week: Wall Street Expects Earnings Growth (Zacks)
• Positive Sentiment: Analyst write-up positions ITW as a top defensive stock (ranked 6th on a defensive list), highlighting its 80/20 front-to-back process and steady cash generation — a reason some investors buy on weakness. Illinois Tool Works Inc. (ITW): Emerging as Premier Defensive Play
• Neutral Sentiment: General coverage names ITW among large-cap stocks to watch; this is broad interest/visibility but not new company-specific catalyst. 1 Large-Cap Stock Worth Your Attention and 2 We Find Risky
• Negative Sentiment: MarketWatch notes ITW underperformed rivals on Friday, signaling relative weakness vs. peers that can amplify selling when sector sentiment turns cautious. Illinois Tool Works Inc. stock underperforms Friday when compared to competitors
• Negative Sentiment: Peer Allegion flagged rising costs and FX headwinds ahead of earnings — signals that cost/forex pressure is present across industrial peers and could temper ITW’s margin outlook. Allegion Gears Up to Post Q1 Earnings: Is a Beat in the Offing?
• Negative Sentiment: IDEX warned of weak end-market demand in parts (fire safety) and rising costs — another indicator of demand/margin pressure in the industrials group. IDEX Gears Up to Report Q1 Earnings: What’s in the Cards?
• Negative Sentiment: Gates Industrial is expected to report an earnings decline, reflecting weaker industrial demand in parts of the cycle — a caution for investors watching momentum across the space. Analysts Estimate Gates Industrial (GTES) to Report a Decline in Earnings: What to Look Out for
• Negative Sentiment: Avery Dennison’s preview highlights margin pressures and a negative earnings surprise signal — adds to the theme of input-cost and margin risk across packaging/industrial stocks. Avery Dennison to Report Q1 Earnings: What’s in Store for the Stock?

Analyst Ratings Changes

ITW has been the subject of several research analyst reports. Wells Fargo & Company decreased their price target on shares of Illinois Tool Works from $270.00 to $245.00 and set an “underweight” rating for the company in a research note on Wednesday, April 1st. Citigroup raised their price target on shares of Illinois Tool Works from $271.00 to $284.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 4th. Weiss Ratings restated a “buy (b-)” rating on shares of Illinois Tool Works in a research note on Wednesday, January 28th. Barclays decreased their price target on shares of Illinois Tool Works from $275.00 to $250.00 and set an “underweight” rating for the company in a research note on Wednesday, April 1st. Finally, Wolfe Research raised their price target on shares of Illinois Tool Works from $276.00 to $295.00 and gave the stock an “underperform” rating in a research note on Friday, February 27th. Two analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $270.00.

Insider Activity at Illinois Tool Works

In related news, Director Ernest Scott Santi sold 167,345 shares of the firm’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $290.93, for a total value of $48,685,680.85. Following the completion of the transaction, the director directly owned 258,766 shares of the company’s stock, valued at approximately $75,282,792.38. This trade represents a 39.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Axel Beck sold 4,223 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $290.22, for a total transaction of $1,225,599.06. Following the completion of the transaction, the executive vice president directly owned 5,789 shares of the company’s stock, valued at approximately $1,680,083.58. This trade represents a 42.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.83% of the stock is currently owned by company insiders.

Illinois Tool Works Trading Down 1.4%

Shares of ITW stock opened at $269.44 on Friday. The company has a 50 day moving average of $273.43 and a 200-day moving average of $261.27. The company has a quick ratio of 0.89, a current ratio of 1.21 and a debt-to-equity ratio of 2.07. Illinois Tool Works Inc. has a 12-month low of $228.76 and a 12-month high of $303.15. The firm has a market cap of $77.62 billion, a P/E ratio of 25.69, a PEG ratio of 4.90 and a beta of 1.13.

Illinois Tool Works (NYSE:ITW) last issued its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.69 by $0.03. The company had revenue of $4.09 billion during the quarter, compared to analyst estimates of $4.07 billion. Illinois Tool Works had a net margin of 19.11% and a return on equity of 95.16%. Illinois Tool Works’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same quarter last year, the business posted $2.54 EPS. Illinois Tool Works has set its FY 2026 guidance at 11.000-11.400 EPS. Sell-side analysts anticipate that Illinois Tool Works Inc. will post 11.26 earnings per share for the current year.

Illinois Tool Works Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 9th. Investors of record on Tuesday, March 31st were issued a $1.61 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $6.44 annualized dividend and a yield of 2.4%. Illinois Tool Works’s dividend payout ratio (DPR) is 61.39%.

Illinois Tool Works Profile

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.

The company operates a decentralized business model in which independently managed businesses focus on niche product lines and close customer relationships.