Illinois Tool Works (NYSE:ITW) Given New $280.00 Price Target at Truist Financial

Illinois Tool Works (NYSE:ITW) had its target price increased by research analysts at Truist Financial from $275.00 to $280.00 in a research report issued on Wednesday,MarketScreener reports. The brokerage presently has a “hold” rating on the industrial products company’s stock. Truist Financial’s target price suggests a potential downside of 2.59% from the company’s current price.

ITW has been the subject of several other reports. Wells Fargo & Company reissued an “underweight” rating and issued a $270.00 price target on shares of Illinois Tool Works in a research report on Wednesday. Robert W. Baird set a $278.00 price target on Illinois Tool Works in a research report on Wednesday. Bank of America raised shares of Illinois Tool Works from an “underperform” rating to a “neutral” rating and increased their target price for the stock from $220.00 to $255.00 in a research note on Tuesday, November 18th. Citigroup reiterated a “neutral” rating on shares of Illinois Tool Works in a research report on Wednesday. Finally, Evercore ISI decreased their price objective on Illinois Tool Works from $261.00 to $253.00 and set an “underperform” rating on the stock in a report on Monday, November 17th. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $266.92.

Illinois Tool Works Stock Performance

Shares of NYSE ITW traded up $8.54 during trading on Wednesday, hitting $287.45. The company had a trading volume of 98,772 shares, compared to its average volume of 1,443,027. The stock has a 50 day simple moving average of $254.35 and a 200 day simple moving average of $255.13. The firm has a market capitalization of $83.39 billion, a P/E ratio of 28.05, a price-to-earnings-growth ratio of 14.15 and a beta of 1.15. Illinois Tool Works has a 12 month low of $214.66 and a 12 month high of $285.68. The company has a debt-to-equity ratio of 2.39, a quick ratio of 1.11 and a current ratio of 1.53.

Illinois Tool Works (NYSE:ITW) last released its earnings results on Tuesday, February 3rd. The industrial products company reported $2.72 earnings per share for the quarter, beating analysts’ consensus estimates of $2.69 by $0.03. The company had revenue of $4.09 billion for the quarter, compared to analysts’ expectations of $4.07 billion. Illinois Tool Works had a net margin of 19.05% and a return on equity of 93.26%. Illinois Tool Works’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.54 EPS. Illinois Tool Works has set its FY 2026 guidance at 11.000-11.400 EPS. As a group, analysts anticipate that Illinois Tool Works will post 10.39 earnings per share for the current year.

Institutional Investors Weigh In On Illinois Tool Works

A number of large investors have recently added to or reduced their stakes in the business. Pure Financial Advisors LLC increased its stake in shares of Illinois Tool Works by 55.3% during the 4th quarter. Pure Financial Advisors LLC now owns 1,432 shares of the industrial products company’s stock worth $353,000 after purchasing an additional 510 shares in the last quarter. Dynamic Wealth Strategies LLC boosted its position in Illinois Tool Works by 21.7% during the fourth quarter. Dynamic Wealth Strategies LLC now owns 571 shares of the industrial products company’s stock worth $141,000 after acquiring an additional 102 shares during the last quarter. Income Insurance Ltd acquired a new position in Illinois Tool Works in the 4th quarter valued at $203,000. D Orazio & Associates Inc. lifted its stake in shares of Illinois Tool Works by 4.8% during the 4th quarter. D Orazio & Associates Inc. now owns 1,323 shares of the industrial products company’s stock worth $326,000 after purchasing an additional 61 shares during the period. Finally, Plato Investment Management Ltd grew its position in shares of Illinois Tool Works by 9.2% in the fourth quarter. Plato Investment Management Ltd now owns 16,984 shares of the industrial products company’s stock valued at $4,204,000 after purchasing an additional 1,436 shares during the period. 79.77% of the stock is owned by institutional investors and hedge funds.

Illinois Tool Works News Roundup

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

• Positive Sentiment: Q4 beat on both EPS and revenue with stronger margins — GAAP EPS $2.72 vs. $2.69 est., revenue $4.09B, operating margin expanded to ~26.5%, and full-year 2025 EPS of $10.49 exceeded prior guidance. ITW Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: FY2026 guidance shows ~7% EPS growth at the midpoint with planned operating margin expansion (~100 bps) and share-buyback activity — supports earnings durability and returns of capital. Illinois Tool Surpasses Q4 Earnings Estimates, Issues 2026 View
• Positive Sentiment: Market reaction: shares pushed to a 52-week high after the results, reflecting investor enthusiasm for the beat, margin improvement and buyback/guidance mix. Illinois Tool Works Stock Smashes 52-Week High After Earnings Beat
• Neutral Sentiment: Investor materials and management commentary are available (call transcript and slide deck) — useful for digging into segment performance, pricing/volume trends and cadence of enterprise initiatives that drove margin gains. Listen to Conference Call / Transcript
• Negative Sentiment: Guidance is constructive but somewhat conservative versus some Street estimates — FY2026 EPS range ($11.00–$11.40) has a midpoint slightly below consensus, and revenue guidance implies modest organic growth (1–3%), which could limit upside if investors expected a more aggressive outlook. Illinois Tool Surpasses Q4 Earnings Estimates, Issues 2026 View

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.