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

Illinois Tool Works (NYSE: ITW) recently received a number of ratings updates from brokerages and research firms:

• 2/7/2025 – Illinois Tool Works had its price target lowered by analysts at Barclays PLC from $265.00 to $262.00. They now have an “equal weight” rating on the stock.
• 2/6/2025 – Illinois Tool Works had its price target lowered by analysts at Wells Fargo & Company from $250.00 to $245.00. They now have an “underweight” rating on the stock.
• 2/6/2025 – Illinois Tool Works was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 2/6/2025 – Illinois Tool Works had its price target lowered by analysts at Stifel Nicolaus from $266.00 to $259.00. They now have a “hold” rating on the stock.
• 2/3/2025 – Illinois Tool Works had its price target lowered by analysts at JPMorgan Chase & Co. from $300.00 to $295.00. They now have an “overweight” rating on the stock.
• 1/24/2025 – Illinois Tool Works had its price target lowered by analysts at Stifel Nicolaus from $268.00 to $266.00. They now have a “hold” rating on the stock.
• 1/22/2025 – Illinois Tool Works was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 1/14/2025 – Illinois Tool Works was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 1/13/2025 – Illinois Tool Works had its price target lowered by analysts at Citigroup Inc. from $279.00 to $265.00. They now have a “neutral” rating on the stock.
• 1/8/2025 – Illinois Tool Works had its price target lowered by analysts at Barclays PLC from $270.00 to $265.00. They now have an “equal weight” rating on the stock.
• 1/7/2025 – Illinois Tool Works had its price target lowered by analysts at Wells Fargo & Company from $260.00 to $250.00. They now have an “underweight” rating on the stock.
• 12/19/2024 – Illinois Tool Works had its price target raised by analysts at Truist Financial Co. from $312.00 to $318.00. They now have a “buy” rating on the stock.

Illinois Tool Works Stock Down 1.1 %

Illinois Tool Works stock traded down $2.85 during midday trading on Wednesday, hitting $255.83. 502,732 shares of the stock were exchanged, compared to its average volume of 963,137. The business’s 50-day moving average price is $259.14 and its 200-day moving average price is $257.58. The company has a quick ratio of 0.97, a current ratio of 1.36 and a debt-to-equity ratio of 1.90. Illinois Tool Works Inc. has a 52-week low of $232.77 and a 52-week high of $279.13. The stock has a market capitalization of $75.55 billion, a price-to-earnings ratio of 21.83, a price-to-earnings-growth ratio of 4.79 and a beta of 1.11.

Illinois Tool Works (NYSE:ITW) last announced its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $2.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.50 by $0.04. Illinois Tool Works had a return on equity of 95.39% and a net margin of 21.94%. On average, research analysts expect that Illinois Tool Works Inc. will post 10.38 EPS for the current fiscal year.

Institutional Investors Weigh In On Illinois Tool Works

A number of hedge funds have recently made changes to their positions in ITW. O Shaughnessy Asset Management LLC increased its stake in Illinois Tool Works by 22.8% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 71,371 shares of the industrial products company’s stock valued at $18,097,000 after purchasing an additional 13,231 shares in the last quarter. Clearbridge Investments LLC increased its stake in shares of Illinois Tool Works by 1.3% in the fourth quarter. Clearbridge Investments LLC now owns 305,762 shares of the industrial products company’s stock worth $77,529,000 after acquiring an additional 3,911 shares during the period. RWA Wealth Partners LLC increased its holdings in Illinois Tool Works by 1.3% in the 4th quarter. RWA Wealth Partners LLC now owns 11,257 shares of the industrial products company’s stock worth $2,854,000 after acquiring an additional 144 shares in the last quarter. Schroder Investment Management Group raised its position in shares of Illinois Tool Works by 13.5% in the fourth quarter. Schroder Investment Management Group now owns 1,721,920 shares of the industrial products company’s stock valued at $436,214,000 after buying an additional 205,327 shares during the last quarter. Finally, Allianz SE purchased a new stake in shares of Illinois Tool Works in the fourth quarter valued at approximately $181,000. 79.77% of the stock is currently owned by hedge funds and other institutional investors.

Illinois Tool Works Inc manufactures and sells industrial products and equipment in the United States and internationally. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products.