Illinois Tool Works (ITW) News Today

Illinois Tool Works (NYSE: ITW) shares are moving on the back of several analyst updates, corporate guidance revisions and a dividend hike. Here’s what investors need to know:

• Positive Sentiment: ITW’s Board approved a 7% dividend increase to $1.61 per share for Q3 2025, reflecting strong cash flow and commitment to shareholder returns. Dividend Increase Announcement
• Positive Sentiment: ITW raised its full-year 2025 EPS guidance to $10.35–$10.55, topping the consensus of $10.28 per share, signaling confidence in its pricing and cost controls. FY2025 Guidance Update
• Positive Sentiment: Q2 results showed record EPS and better-than-expected sales, underpinning management’s decision to boost full-year profit outlook. Record Q2 Performance
• Positive Sentiment: Reuters reports ITW lifted its 2025 profit forecast, betting on continued price hikes across its diversified manufacturing segments. Profit Forecast Lift
• Neutral Sentiment: Stifel Nicolaus raised its price target on ITW to $261.00 but maintained a “hold” rating. Stifel Nicolaus Target Raise
• Neutral Sentiment: UBS Group lifted its target to $255.00, keeping a “neutral” rating on the shares. UBS Price Target Update
• Negative Sentiment: Wells Fargo retained an “underweight” stance despite raising its target to $250.00, reflecting concerns over limited upside. Wells Fargo Rating Note
• Negative Sentiment: Truist Financial downgraded ITW from “buy” to “hold,” citing competitive pressures and limited medium-term upside. Truist Downgrade