Key Points
- Director Ernest Scott Santi sold 167,345 shares on Feb. 4 at an average price of $290.93 for proceeds of $48.69M, cutting his stake by 39.27% to 258,766 shares valued at about $75.28M.
- Illinois Tool Works beat quarterly estimates with EPS of $2.72 (vs. $2.69 est.) and revenue of $4.09B (vs. $4.07B), and set FY2026 guidance of 11.00–11.40 EPS versus analysts' consensus near 10.39.
- Analyst sentiment is mixed: MarketBeat's consensus rating is "Reduce" with an average target of $270.69, even as some brokers (e.g., JPMorgan) raised targets up to $310, while the stock trades near its 1‑year high around $293.
Illinois Tool Works Inc. (NYSE:ITW - Get Free Report) Director Ernest Scott Santi sold 167,345 shares of the company's stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $290.93, for a total transaction of $48,685,680.85. Following the transaction, the director 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Illinois Tool Works Stock Performance
NYSE ITW opened at $293.63 on Friday. The company has a debt-to-equity ratio of 2.07, a current ratio of 1.21 and a quick ratio of 1.11. The stock's 50 day simple moving average is $256.81 and its 200-day simple moving average is $255.86. The company has a market cap of $85.18 billion, a PE ratio of 27.99, a price-to-earnings-growth ratio of 15.50 and a beta of 1.15. Illinois Tool Works Inc. has a 1-year low of $214.66 and a 1-year high of $294.79.
Illinois Tool Works (NYSE:ITW - Get Free Report) last announced its 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 for the quarter, compared to analysts' expectations of $4.07 billion. Illinois Tool Works had a net margin of 19.11% and a return on equity of 95.16%. The firm's quarterly revenue was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.54 EPS. Illinois Tool Works has set its FY 2026 guidance at 11.000-11.400 EPS. As a group, equities research analysts anticipate that Illinois Tool Works Inc. will post 10.39 EPS for the current fiscal year.
Analyst Ratings Changes
A number of brokerages have commented on ITW. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Illinois Tool Works in a research note on Wednesday, January 28th. Bank of America upgraded Illinois Tool Works from an "underperform" rating to a "neutral" rating and upped their price objective for the company from $220.00 to $255.00 in a report on Tuesday, November 18th. Truist Financial upped their price target on Illinois Tool Works from $275.00 to $280.00 and gave the company a "hold" rating in a research note on Wednesday. Citigroup boosted their price objective on shares of Illinois Tool Works from $271.00 to $284.00 and gave the company a "neutral" rating in a report on Wednesday. Finally, JPMorgan Chase & Co. increased their target price on shares of Illinois Tool Works from $275.00 to $310.00 and gave the stock an "overweight" rating in a research note on Wednesday. Two analysts have rated the stock with a Buy rating, seven have given a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat, Illinois Tool Works currently has a consensus rating of "Reduce" and an average target price of $270.69.
Read Our Latest Analysis on ITW
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in ITW. Planning Alternatives Ltd. ADV raised its stake in Illinois Tool Works by 2.6% in the fourth quarter. Planning Alternatives Ltd. ADV now owns 1,558 shares of the industrial products company's stock valued at $384,000 after buying an additional 39 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new position in shares of Illinois Tool Works during the fourth quarter worth about $39,000. Advisory Alpha LLC boosted its position in shares of Illinois Tool Works by 15.5% in the 4th quarter. Advisory Alpha LLC now owns 2,814 shares of the industrial products company's stock valued at $693,000 after purchasing an additional 377 shares during the period. Evoke Wealth LLC grew its stake in Illinois Tool Works by 28.8% during the 4th quarter. Evoke Wealth LLC now owns 4,169 shares of the industrial products company's stock worth $1,034,000 after buying an additional 932 shares during the last quarter. Finally, Principle Wealth Partners LLC lifted its stake in Illinois Tool Works by 26.8% in the fourth quarter. Principle Wealth Partners LLC now owns 6,104 shares of the industrial products company's stock valued at $1,503,000 after buying an additional 1,289 shares during the last quarter. Hedge funds and other institutional investors own 79.77% of the company's stock.
About Illinois Tool Works
(
Get Free Report)
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.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
