Q3 EPS Estimate for Illinois Tool Works Reduced by Analyst

Illinois Tool Works Inc. (NYSE:ITW - Free Report) - Analysts at Seaport Res Ptn lowered their Q3 2025 earnings estimates for Illinois Tool Works in a note issued to investors on Monday, November 4th. Seaport Res Ptn analyst W. Liptak now forecasts that the industrial products company will earn $2.71 per share for the quarter, down from their prior forecast of $2.84. The consensus estimate for Illinois Tool Works' current full-year earnings is $10.75 per share.

A number of other equities research analysts have also recently weighed in on the company. Evercore ISI decreased their price objective on Illinois Tool Works from $251.00 to $246.00 and set an "in-line" rating for the company in a research note on Monday, August 19th. Argus raised shares of Illinois Tool Works to a "strong-buy" rating in a research report on Wednesday, July 31st. Robert W. Baird increased their target price on shares of Illinois Tool Works from $240.00 to $250.00 and gave the company a "neutral" rating in a research report on Thursday, October 31st. Truist Financial lifted their price target on shares of Illinois Tool Works from $281.00 to $312.00 and gave the stock a "buy" rating in a report on Wednesday, October 9th. Finally, Jefferies Financial Group decreased their price objective on Illinois Tool Works from $275.00 to $240.00 and set a "hold" rating for the company in a report on Thursday, July 11th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $256.40.

Illinois Tool Works Stock Down 0.9 %

Illinois Tool Works stock traded down $2.60 during mid-day trading on Thursday, reaching $272.87. 833,531 shares of the company were exchanged, compared to its average volume of 1,061,582. Illinois Tool Works has a 12-month low of $227.66 and a 12-month high of $277.58. The business has a fifty day moving average of $256.78 and a 200 day moving average of $247.80. The firm has a market cap of $80.58 billion, a P/E ratio of 23.60, a PEG ratio of 3.85 and a beta of 1.10. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.97 and a current ratio of 1.36.

Illinois Tool Works (NYSE:ITW - Get Free Report) last posted its quarterly earnings results on Wednesday, October 30th. The industrial products company reported $2.65 EPS for the quarter, beating the consensus estimate of $2.53 by $0.12. Illinois Tool Works had a net margin of 21.66% and a return on equity of 97.06%. The business had revenue of $3.97 billion during the quarter, compared to analyst estimates of $4.02 billion. During the same quarter in the previous year, the business posted $2.55 EPS. The company's quarterly revenue was down 1.6% compared to the same quarter last year.

Illinois Tool Works Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Tuesday, December 31st will be given a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date of this dividend is Tuesday, December 31st. Illinois Tool Works's dividend payout ratio is presently 51.90%.

Institutional Trading of Illinois Tool Works

Several large investors have recently made changes to their positions in the business. Fairscale Capital LLC acquired a new position in Illinois Tool Works during the second quarter valued at $30,000. Catalyst Capital Advisors LLC acquired a new position in shares of Illinois Tool Works in the 3rd quarter valued at about $32,000. Financial Connections Group Inc. purchased a new stake in shares of Illinois Tool Works in the second quarter worth about $30,000. Northwest Investment Counselors LLC acquired a new stake in Illinois Tool Works during the third quarter worth about $35,000. Finally, Meeder Asset Management Inc. raised its position in Illinois Tool Works by 261.4% during the second quarter. Meeder Asset Management Inc. now owns 159 shares of the industrial products company's stock valued at $38,000 after acquiring an additional 115 shares in the last quarter. 79.77% of the stock is owned by hedge funds and other institutional investors.

About Illinois Tool Works

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.