Illinois Tool Works Inc. $ITW Stock Position Decreased by Atria Investments Inc

Atria Investments Inc cut its position in shares of Illinois Tool Works Inc. (NYSE:ITW) by 12.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,539 shares of the industrial products company’s stock after selling 2,190 shares during the period. Atria Investments Inc’s holdings in Illinois Tool Works were worth $3,827,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cresta Advisors Ltd. purchased a new stake in shares of Illinois Tool Works during the 4th quarter worth about $25,000. Lodestone Wealth Management LLC purchased a new stake in shares of Illinois Tool Works during the 4th quarter worth about $28,000. Beacon Financial Strategies CORP purchased a new stake in shares of Illinois Tool Works during the 4th quarter worth about $29,000. Ares Financial Consulting LLC purchased a new stake in shares of Illinois Tool Works during the 4th quarter worth about $31,000. Finally, MTM Investment Management LLC raised its stake in shares of Illinois Tool Works by 70.5% during the 3rd quarter. MTM Investment Management LLC now owns 162 shares of the industrial products company’s stock worth $42,000 after purchasing an additional 67 shares in the last quarter. 79.77% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently weighed in on ITW. JPMorgan Chase & Co. cut their price target on Illinois Tool Works from $303.00 to $295.00 and set an “overweight” rating for the company in a research note on Friday, May 1st. Citigroup raised their price target on Illinois Tool Works from $284.00 to $287.00 and gave the stock a “neutral” rating in a research note on Monday, May 4th. The Goldman Sachs Group reaffirmed a “sell” rating and set a $254.00 price target on shares of Illinois Tool Works in a research note on Thursday, April 30th. Truist Financial increased their price objective on Illinois Tool Works from $275.00 to $280.00 and gave the company a “hold” rating in a report on Wednesday, February 4th. Finally, UBS Group reissued a “neutral” rating and set a $285.00 price objective on shares of Illinois Tool Works in a report on Wednesday, February 4th. Two research analysts have rated the stock with a Buy rating, six have given a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average target price of $271.92.

Trending Headlines about Illinois Tool Works

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

• Positive Sentiment: Wells Fargo said demand trends for Illinois Tool Works are improving and lifted its price target to $255 from $245, even while keeping an Underweight rating. That suggests analysts see some near-term stabilization in the company’s short-cycle businesses. Wells Fargo Sees Improving Demand Trends for Illinois Tool Works (ITW)
• Neutral Sentiment: Zacks Research raised its FY2026 EPS estimate to $11.29 from $11.21 and nudged FY2028 to $13.27 from $13.21, implying confidence in longer-term earnings power. Illinois Tool Works estimate updates
• Neutral Sentiment: However, Zacks also trimmed several near- to mid-term earnings estimates, including Q2 2026, Q4 2026, Q1 2027, Q2 2027 and FY2027, which points to a softer short-term earnings outlook. Illinois Tool Works estimate updates
• Negative Sentiment: Wells Fargo kept an Underweight rating despite the higher target, and the stock has been trading well below its 50-day and 200-day moving averages, signaling ongoing investor caution. Wells Fargo Sees Improving Demand Trends for Illinois Tool Works (ITW)

Illinois Tool Works Stock Performance

Shares of NYSE ITW opened at $247.85 on Friday. The company has a debt-to-equity ratio of 2.04, a quick ratio of 0.86 and a current ratio of 1.19. The firm has a market cap of $71.31 billion, a price-to-earnings ratio of 23.01, a P/E/G ratio of 4.26 and a beta of 1.04. The business’s 50-day simple moving average is $264.17 and its 200-day simple moving average is $261.91. Illinois Tool Works Inc. has a 52 week low of $238.82 and a 52 week high of $303.15.

Illinois Tool Works (NYSE:ITW) last issued its quarterly earnings data on Thursday, April 30th. The industrial products company reported $2.66 EPS for the quarter, beating analysts’ consensus estimates of $2.57 by $0.09. The business had revenue of $4.02 billion for the quarter, compared to analyst estimates of $4.01 billion. Illinois Tool Works had a return on equity of 97.36% and a net margin of 19.32%.The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.38 EPS. Illinois Tool Works has set its FY 2026 guidance at 11.100-11.500 EPS. As a group, equities research analysts expect that Illinois Tool Works Inc. will post 11.37 earnings per share for the current fiscal year.

Illinois Tool Works Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Tuesday, June 30th will be issued a $1.61 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $6.44 dividend on an annualized basis and a yield of 2.6%. Illinois Tool Works’s dividend payout ratio (DPR) is 59.80%.

About Illinois Tool Works

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.