Rossmore Private Capital Buys 2,125 Shares of Illinois Tool Works Inc. $ITW

Rossmore Private Capital boosted its stake in Illinois Tool Works Inc. (NYSE:ITW) by 52.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,205 shares of the industrial products company’s stock after purchasing an additional 2,125 shares during the quarter. Rossmore Private Capital’s holdings in Illinois Tool Works were worth $1,538,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ITW. Brighton Jones LLC increased its holdings in Illinois Tool Works by 5.3% in the fourth quarter. Brighton Jones LLC now owns 5,519 shares of the industrial products company’s stock valued at $1,399,000 after purchasing an additional 277 shares during the last quarter. Bison Wealth LLC increased its holdings in shares of Illinois Tool Works by 2.3% in the fourth quarter. Bison Wealth LLC now owns 3,555 shares of the industrial products company’s stock worth $901,000 after acquiring an additional 81 shares in the last quarter. Sivia Capital Partners LLC increased its holdings in shares of Illinois Tool Works by 20.6% in the second quarter. Sivia Capital Partners LLC now owns 1,038 shares of the industrial products company’s stock worth $257,000 after acquiring an additional 177 shares in the last quarter. Sei Investments Co. increased its holdings in shares of Illinois Tool Works by 22.0% in the second quarter. Sei Investments Co. now owns 106,784 shares of the industrial products company’s stock worth $26,401,000 after acquiring an additional 19,248 shares in the last quarter. Finally, Treasurer of the State of North Carolina increased its holdings in shares of Illinois Tool Works by 2.2% in the second quarter. Treasurer of the State of North Carolina now owns 136,884 shares of the industrial products company’s stock worth $33,845,000 after acquiring an additional 2,890 shares in the last quarter. Institutional investors own 79.77% of the company’s stock.

More Illinois Tool Works News

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

• Positive Sentiment: Wells Fargo lifted its price target on Illinois Tool Works to $255 from $245, suggesting improved demand trends in short-cycle markets, even though the firm kept an Underweight rating. Wells Fargo Sees Improving Demand Trends for Illinois Tool Works (ITW)
• Positive Sentiment: Zacks Research nudged up its FY2026 EPS estimate for Illinois Tool Works to $11.29 from $11.21, and also increased its FY2028 estimate to $13.27 from $13.21, indicating a slightly better long-term earnings outlook.
• Neutral Sentiment: Zacks Research made small upward revisions to some future-quarter estimates, including Q3 2027 and Q4 2027, while leaving the broader full-year outlook mostly unchanged.
• Negative Sentiment: The same Zacks notes also trimmed several near-term estimates, including Q2 2026, Q4 2026, Q1 2027, Q2 2027 and FY2027 EPS, which may be weighing on sentiment around near-term growth.

Illinois Tool Works Stock Up 0.1%

ITW stock opened at $247.85 on Monday. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.19 and a quick ratio of 0.86. The stock has a market capitalization of $71.31 billion, a P/E ratio of 23.01, a P/E/G ratio of 4.26 and a beta of 1.04. The business has a 50-day moving average of $264.17 and a 200-day moving average of $262.01. Illinois Tool Works Inc. has a fifty-two week low of $238.82 and a fifty-two week high of $303.15.

Illinois Tool Works (NYSE:ITW) last posted its quarterly earnings data on Thursday, April 30th. The industrial products company reported $2.66 earnings per share for the quarter, topping the consensus estimate of $2.57 by $0.09. The company had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $4.01 billion. Illinois Tool Works had a return on equity of 97.36% and a net margin of 19.32%.Illinois Tool Works’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.38 earnings per share. Illinois Tool Works has set its FY 2026 guidance at 11.100-11.500 EPS. On average, sell-side analysts anticipate that Illinois Tool Works Inc. will post 11.37 earnings per share for the current fiscal year.

Illinois Tool Works Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Tuesday, June 30th will be given a dividend of $1.61 per share. This represents a $6.44 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, June 30th. Illinois Tool Works’s dividend payout ratio is currently 59.80%.

Analyst Ratings Changes

Several brokerages have issued reports on ITW. UBS Group restated a “neutral” rating and issued a $285.00 price target on shares of Illinois Tool Works in a report on Wednesday, February 4th. Barclays lowered their price target on Illinois Tool Works from $275.00 to $250.00 and set an “underweight” rating for the company in a report on Wednesday, April 1st. Weiss Ratings restated a “buy (b-)” rating on shares of Illinois Tool Works in a report on Monday, April 27th. JPMorgan Chase & Co. lowered their price target on Illinois Tool Works from $303.00 to $295.00 and set an “overweight” rating for the company in a report on Friday, May 1st. Finally, Citigroup increased their price target on Illinois Tool Works from $284.00 to $287.00 and gave the stock a “neutral” rating in a report on Monday, May 4th. Two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $271.92.

Illinois Tool Works Company 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.