Illinois Tool Works Inc. $ITW Position Lifted by PBU The Pension Fund of Early Childhood & Youth Educators

PBU The Pension Fund of Early Childhood & Youth Educators lifted its position in shares of Illinois Tool Works Inc. (NYSE:ITW) by 3.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 95,935 shares of the industrial products company’s stock after acquiring an additional 3,369 shares during the quarter. PBU The Pension Fund of Early Childhood & Youth Educators’ holdings in Illinois Tool Works were worth $24,682,000 at the end of the most recent reporting period.

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

Illinois Tool Works Stock Down 0.7%

Shares of NYSE:ITW opened at $286.77 on Friday. The firm has a market cap of $81.50 billion, a P/E ratio of 25.56, a P/E/G ratio of 3.17 and a beta of 0.92. Illinois Tool Works Inc. has a 12-month low of $238.82 and a 12-month high of $303.15. The business has a fifty day simple moving average of $272.95 and a 200 day simple moving average of $271.97. The company has a quick ratio of 0.94, a current ratio of 1.29 and a debt-to-equity ratio of 2.28.

Illinois Tool Works (NYSE:ITW) last released its quarterly earnings results on Tuesday, October 27th. The industrial products company reported $3.00 EPS for the quarter, beating analysts’ consensus estimates of $2.97 by $0.03. The firm had revenue of $4.24 billion for 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 business’s revenue was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.81 EPS. Analysts predict that Illinois Tool Works Inc. will post 11.49 earnings per share for the current year.

Illinois Tool Works Announces Dividend

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

Insider Activity at Illinois Tool Works

In related news, Director Ernest Santi sold 60,000 shares of Illinois Tool Works stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $292.87, for a total value of $17,572,200.00. Following the transaction, the director directly owned 266,333 shares of the company’s stock, valued at $78,000,945.71. The trade was a 18.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.83% of the stock is currently owned by corporate insiders.

Recent Illinois Tool Works Headlines

Investors following ITW have been watching these headlines:

• 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.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. JPMorgan Chase & Co. downgraded Illinois Tool Works from an “overweight” rating to a “neutral” rating and lowered their price objective for the company from $350.00 to $270.00 in a research note on Friday, October 9th. Truist Financial reiterated a “hold” rating and set a $293.00 target price (down from $297.00) on shares of Illinois Tool Works in a research report on Wednesday, October 28th. Robert W. Baird lifted their target price on shares of Illinois Tool Works from $278.00 to $297.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 29th. Weiss Ratings raised shares of Illinois Tool Works from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, October 28th. Finally, Citigroup decreased their price target on shares of Illinois Tool Works from $317.00 to $310.00 and set a “neutral” rating for the company in a research report on Wednesday, October 28th. One investment analyst has rated the stock with a Buy rating, seven have issued a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average target price of $276.33.

Illinois Tool Works Profile

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.