Illinois Tool Works (ITW) – Investment Analysts’ Weekly Ratings Changes

Several analysts have recently updated their ratings and price targets for Illinois Tool Works (NYSE: ITW):

• 10/13/2026 – Illinois Tool Works was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 10/9/2026 – Illinois Tool Works was given a new $277.00 price target by UBS Group.
• 10/9/2026 – Illinois Tool Works was downgraded by JPMorgan Chase & Co. from “overweight” to “neutral”. They now have a $270.00 price target on the stock, down from $350.00.
• 10/5/2026 – Illinois Tool Works had its price target lowered by Truist Financial from $308.00 to $297.00. They now have a “hold” rating on the stock.
• 9/30/2026 – Illinois Tool Works had its price target lowered by Deutsche Bank Aktiengesellschaft from $287.00 to $281.00. They now have a “hold” rating on the stock.
• 9/28/2026 – Illinois Tool Works was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.

Illinois Tool Works Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Wednesday, September 30th were paid a dividend of $1.72 per share. This is an increase from Illinois Tool Works’s previous quarterly dividend of $1.61. This represents a $6.88 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Wednesday, September 30th. Illinois Tool Works’s payout ratio is 62.38%.

Insiders Place Their Bets

In related news, CAO Matteo C. Pigozzo sold 277 shares of the firm’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $289.22, for a total transaction of $80,113.94. Following the completion of the sale, the chief accounting officer directly owned 3,394 shares of the company’s stock, valued at approximately $981,612.68. This trade represents a 7.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ernest Santi sold 41,431 shares of Illinois Tool Works stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $287.09, for a total transaction of $11,894,425.79. Following the sale, the director directly owned 266,288 shares in the company, valued at $76,448,621.92. This trade represents a 13.46% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.83% of the company’s stock.

Illinois Tool Works Inc (NYSE: ITW) is a diversified industrial manufacturer that develops and produces specialized equipment, components, consumables and systems for customers in a range of industries. Founded in 1912 and headquartered in Glenview, Illinois, the company serves markets worldwide through a portfolio of highly engineered businesses.

ITW’s operations include food equipment, automotive components, welding products, test and measurement equipment, electronics materials, polymers and fluids, construction products, and specialty products.