Illinois Tool Works Inc. $ITW Stock Acquired by ProShare Advisors LLC

ProShare Advisors LLC increased its holdings in Illinois Tool Works Inc. (NYSE:ITW) by 1.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 643,565 shares of the industrial products company’s stock after buying an additional 7,453 shares during the period. ProShare Advisors LLC’s holdings in Illinois Tool Works were worth $165,576,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of ITW. B. Metzler seel. Sohn & Co. AG purchased a new position in Illinois Tool Works during the 2nd quarter worth $5,017,000. Sanctuary Advisors LLC purchased a new stake in Illinois Tool Works in the second quarter worth about $14,028,000. Cibc World Market Inc. bought a new position in Illinois Tool Works during the 2nd quarter worth about $3,887,000. Sapient Capital LLC increased its position in Illinois Tool Works by 227.7% during the 2nd quarter. Sapient Capital LLC now owns 13,611 shares of the industrial products company’s stock valued at $3,703,000 after purchasing an additional 9,457 shares during the period. Finally, Fidelity National Financial Inc. purchased a new position in Illinois Tool Works during the 2nd quarter valued at about $20,583,000. Institutional investors own 79.77% of the company’s stock.

Illinois Tool Works Stock Down 0.8%

Shares of NYSE ITW opened at $279.02 on Friday. Illinois Tool Works Inc. has a 52-week low of $238.82 and a 52-week high of $303.15. The business’s 50 day moving average is $271.41 and its two-hundred day moving average is $270.69. The firm has a market cap of $79.30 billion, a price-to-earnings ratio of 24.87, a PEG ratio of 3.06 and a beta of 0.96. The company has a quick ratio of 0.81, a current ratio of 1.29 and a debt-to-equity ratio of 2.28.

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

Illinois Tool Works Increases Dividend

The firm also recently announced 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 a boost from Illinois Tool Works’s previous quarterly dividend of $1.61. This represents a $6.88 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Wednesday, September 30th. Illinois Tool Works’s payout ratio is 61.32%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on ITW shares. Wolfe Research reissued an “underperform” rating and set a $286.00 price objective on shares of Illinois Tool Works in a report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft cut their price objective on Illinois Tool Works from $287.00 to $281.00 and set a “hold” rating for the company in a research note on Wednesday, September 30th. Weiss Ratings raised shares of Illinois Tool Works from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday. Truist Financial restated a “hold” rating and set a $293.00 price target (down from $297.00) on shares of Illinois Tool Works in a research report on Wednesday. Finally, UBS Group set a $277.00 target price on Illinois Tool Works in a report on Friday, October 9th. One equities research analyst has rated the stock with a Buy rating, seven have given a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Illinois Tool Works currently has an average rating of “Reduce” and an average target price of $276.33.

Insider Buying and Selling

In other news, Director Ernest Santi sold 41,431 shares of the stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $287.09, for a total transaction of $11,894,425.79. Following the transaction, the director owned 266,288 shares of the company’s stock, valued at approximately $76,448,621.92. This trade represents a 13.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Matteo Pigozzo sold 277 shares of the business’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $289.22, for a total transaction of $80,113.94. Following the transaction, the chief accounting officer directly owned 3,394 shares of the company’s stock, valued at $981,612.68. The trade was a 7.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.83% of the company’s stock.

More Illinois Tool Works News

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

• Positive Sentiment: ITW declared a $1.72-per-share quarterly dividend, payable January 15, 2027, to shareholders of record on December 31, 2026. The payout reinforces the company’s commitment to returning cash to shareholders and its reputation as a long-term income investment. ITW Board of Directors Declares Quarterly Dividend
• Positive Sentiment: Recent earnings provided some support: ITW exceeded third-quarter earnings expectations, reporting $3.00 per share versus the $2.97 consensus estimate, while revenue grew approximately 4.5% year over year. The results suggest resilient profitability despite some sales pressure.
• Neutral Sentiment: Coverage of ITW’s third-quarter earnings call highlights continued analyst focus on demand trends, margins and the company’s outlook. Investors are looking for clarity on whether growth can accelerate across its industrial businesses. The top 5 analyst questions from Illinois Tool Works’s Q3 earnings call
• Negative Sentiment: Citigroup’s pessimistic forecast adds pressure to the stock’s valuation narrative, particularly after ITW’s shares had traded near their 12-month high. A premium earnings multiple leaves less room for disappointing growth or guidance. Citigroup Issues Pessimistic Forecast for Illinois Tool Works Stock Price
• Negative Sentiment: A recent comparison concluded that 3M currently offers stronger stock gains, earnings-growth prospects and valuation than ITW, potentially encouraging investors to favor competing industrial names. 3M vs. Illinois Tool: Which Industrial Conglomerate Stock is a Stronger Pick?

About Illinois Tool Works

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.