Illinois Tool Works Inc. $ITW Position Boosted by Lido Advisors LLC

Lido Advisors LLC grew its holdings in shares of Illinois Tool Works Inc. (NYSE:ITW) by 17.3% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 33,775 shares of the industrial products company’s stock after buying an additional 4,986 shares during the period. Lido Advisors LLC’s holdings in Illinois Tool Works were worth $8,690,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. BlackRock Inc. bought a new position in Illinois Tool Works during the second quarter worth $6,296,349,000. State Street Corp grew its holdings in Illinois Tool Works by 1.0% in the second quarter. State Street Corp now owns 12,788,570 shares of the industrial products company’s stock worth $3,479,219,000 after purchasing an additional 128,089 shares during the period. Bank of America Corp DE grew its holdings in Illinois Tool Works by 2.5% in the first quarter. Bank of America Corp DE now owns 3,005,659 shares of the industrial products company’s stock worth $782,343,000 after purchasing an additional 72,951 shares during the period. Bank of New York Mellon Corp bought a new stake in Illinois Tool Works in the second quarter valued at $603,166,000. Finally, Dimensional Fund Advisors LP increased its stake in Illinois Tool Works by 3.0% in the first quarter. Dimensional Fund Advisors LP now owns 2,045,009 shares of the industrial products company’s stock valued at $532,261,000 after purchasing an additional 60,009 shares in the last quarter. Institutional investors and hedge funds own 79.77% of the company’s stock.

Insider Transactions at Illinois Tool Works

In related news, Director Ernest Santi sold 60,000 shares of the company’s stock in a transaction on Wednesday, November 4th. The stock was sold at an average price of $292.87, for a total transaction of $17,572,200.00. Following the completion of the sale, the director owned 266,333 shares in the company, valued at approximately $78,000,945.71. This represents a 18.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.83% of the company’s stock.

Illinois Tool Works Price Performance

Shares of NYSE ITW opened at $286.77 on Friday. Illinois Tool Works Inc. has a fifty-two week low of $238.82 and a fifty-two week high of $303.15. The stock has a market cap of $81.50 billion, a price-to-earnings ratio of 25.56, a PEG ratio of 3.17 and a beta of 0.92. The company has a debt-to-equity ratio of 2.28, a quick ratio of 0.94 and a current ratio of 1.29. The firm’s 50-day simple moving average is $272.95 and its 200 day simple moving average is $271.97.

Illinois Tool Works (NYSE:ITW) last issued its quarterly earnings data on Tuesday, October 27th. The industrial products company reported $3.00 EPS for the quarter, topping analysts’ consensus estimates of $2.97 by $0.03. The firm had revenue of $4.24 billion during the quarter, compared to analyst estimates of $4.26 billion. Illinois Tool Works had a return on equity of 103.35% and a net margin of 19.39%. The company’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same period in the previous year, the company posted $2.81 EPS. As a group, research analysts anticipate that Illinois Tool Works Inc. will post 11.49 earnings per share for the current fiscal year.

Illinois Tool Works Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 15th. Investors of record on Thursday, December 31st will be given a dividend of $1.72 per share. The ex-dividend date of this dividend is Thursday, December 31st. This represents a $6.88 annualized dividend and a dividend yield of 2.4%. Illinois Tool Works’s payout ratio is presently 61.32%.

Analyst Ratings Changes

Several brokerages have recently weighed in on ITW. Deutsche Bank dropped their price objective on shares of Illinois Tool Works from $287.00 to $281.00 and set a “hold” rating on the stock in a report on Wednesday, September 30th. Truist Financial restated a “hold” rating and issued a $293.00 target price (down from $297.00) on shares of Illinois Tool Works in a research note on Wednesday, October 28th. UBS Group set a $277.00 target price on Illinois Tool Works in a research report on Friday, October 9th. The Goldman Sachs Group reaffirmed a “sell” rating and set a $270.00 price target on shares of Illinois Tool Works in a research note on Tuesday, October 27th. Finally, JPMorgan Chase & Co. downgraded Illinois Tool Works from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from $350.00 to $270.00 in a research note on Friday, October 9th. One analyst has rated the stock with a Buy rating, seven have given a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $276.33.

Trending Headlines about Illinois Tool Works

These are some of the ITW headlines that stood out recently:

• Positive Sentiment: ITW raised its 2026 outlook following a third-quarter margin gain, a potentially supportive sign for earnings expectations. Illinois Tool Works stock lifts 2026 outlook after Q3 margin gain
• Positive Sentiment: Zacks Research modestly increased its estimates for Q4 2026 EPS to $2.96 from $2.93, FY2026 EPS to $11.46 from $11.39, and Q2 2027 EPS to $3.04 from $3.03. These revisions suggest slightly improved near-term expectations.
• Negative Sentiment: Zacks Research trimmed estimates across several later periods, including FY2027 EPS to $12.21 from $12.33 and FY2028 EPS to $13.08 from $13.20, alongside cuts to multiple 2027–2028 quarterly forecasts. The reductions could temper the positive impact of the higher 2026 outlook.

About Illinois Tool Works

Illinois Tool Works Inc. (NYSE: ITW) is a diversified manufacturer serving industrial and commercial customers around the world. Founded in 1912, the company is known for its decentralized operating model and focus on specialized products and solutions. ITW’s businesses make products and equipment for a range of markets, including automotive, food service, construction, welding, and testing and measurement. Its offerings include food-service equipment, welding systems and consumables, automotive components, construction products, polymers and fluids, and laboratory and electronics testing equipment.