Mather Group LLC. Has $16.10 Million Stock Holdings in Illinois Tool Works Inc. $ITW

Mather Group LLC. grew its position in Illinois Tool Works Inc. (NYSE:ITW) by 4.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 65,383 shares of the industrial products company’s stock after purchasing an additional 2,848 shares during the quarter. Mather Group LLC.’s holdings in Illinois Tool Works were worth $16,104,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Mayflower Financial Advisors LLC grew its stake in Illinois Tool Works by 3.8% in the 4th quarter. Mayflower Financial Advisors LLC now owns 1,065 shares of the industrial products company’s stock valued at $262,000 after buying an additional 39 shares during the last quarter. Cary Street Partners Investment Advisory LLC lifted its position in Illinois Tool Works by 4.2% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 988 shares of the industrial products company’s stock worth $244,000 after acquiring an additional 40 shares during the last quarter. Fort Washington Investment Advisors Inc. OH boosted its holdings in Illinois Tool Works by 1.3% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 3,015 shares of the industrial products company’s stock valued at $743,000 after acquiring an additional 40 shares during the period. Everpar Advisors LLC grew its position in shares of Illinois Tool Works by 1.7% in the third quarter. Everpar Advisors LLC now owns 2,574 shares of the industrial products company’s stock valued at $671,000 after purchasing an additional 42 shares during the last quarter. Finally, Confluence Wealth Services Inc. increased its stake in shares of Illinois Tool Works by 1.0% in the third quarter. Confluence Wealth Services Inc. now owns 4,171 shares of the industrial products company’s stock worth $1,087,000 after purchasing an additional 43 shares during the period. 79.77% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, EVP Axel Beck sold 4,223 shares of the firm’s stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $290.22, for a total value of $1,225,599.06. Following the completion of the transaction, the executive vice president directly owned 5,789 shares of the company’s stock, valued at $1,680,083.58. This trade represents a 42.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ernest Scott Santi sold 167,345 shares of Illinois Tool Works stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $290.93, for a total transaction of $48,685,680.85. Following the sale, the director owned 258,766 shares in the company, valued at $75,282,792.38. This represents a 39.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.88% of the company’s stock.

Illinois Tool Works Stock Down 2.1%

NYSE ITW opened at $260.82 on Friday. Illinois Tool Works Inc. has a twelve month low of $214.66 and a twelve month high of $303.15. The stock has a market cap of $75.17 billion, a PE ratio of 24.86, a PEG ratio of 14.24 and a beta of 1.13. The firm has a 50-day simple moving average of $276.79 and a 200 day simple moving average of $260.63. The company has a debt-to-equity ratio of 2.07, a quick ratio of 0.89 and a current ratio of 1.21.

Illinois Tool Works (NYSE:ITW) last issued its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.69 by $0.03. The firm had revenue of $4.09 billion for the quarter, compared to analyst estimates of $4.07 billion. Illinois Tool Works had a return on equity of 95.16% and a net margin of 19.11%.The company’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same period in the previous year, the company posted $2.54 earnings per share. Illinois Tool Works has set its FY 2026 guidance at 11.000-11.400 EPS. On average, research analysts forecast that Illinois Tool Works Inc. will post 10.39 EPS for the current year.

Illinois Tool Works Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Investors of record on Tuesday, March 31st will be paid a $1.61 dividend. This represents a $6.44 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Tuesday, March 31st. Illinois Tool Works’s dividend payout ratio is presently 61.39%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Wolfe Research boosted their price objective on Illinois Tool Works from $276.00 to $295.00 and gave the stock an “underperform” rating in a research report on Friday, February 27th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Illinois Tool Works in a research report on Wednesday, January 28th. The Goldman Sachs Group reiterated a “sell” rating and set a $253.00 price target on shares of Illinois Tool Works in a report on Tuesday, February 3rd. 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 research report on Wednesday, February 4th. Finally, Robert W. Baird set a $278.00 price objective on shares of Illinois Tool Works in a research note on Wednesday, February 4th. Two investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat, Illinois Tool Works has an average rating of “Reduce” and a consensus price target of $275.69.

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.