Zacks Research Brokers Reduce Earnings Estimates for ITW

Illinois Tool Works Inc. (NYSE:ITW) – Research analysts at Zacks Research lowered their Q1 2025 earnings per share estimates for shares of Illinois Tool Works in a note issued to investors on Monday, January 27th. Zacks Research analyst A. Bhattacharjee now expects that the industrial products company will earn $2.46 per share for the quarter, down from their previous estimate of $2.47. The consensus estimate for Illinois Tool Works’ current full-year earnings is $10.13 per share. Zacks Research also issued estimates for Illinois Tool Works’ Q4 2025 earnings at $2.62 EPS, FY2025 earnings at $10.45 EPS, Q1 2026 earnings at $2.66 EPS, Q2 2026 earnings at $2.84 EPS, Q3 2026 earnings at $2.82 EPS, Q4 2026 earnings at $2.79 EPS and FY2026 earnings at $11.11 EPS.

Illinois Tool Works (NYSE:ITW) last released its quarterly earnings data on Wednesday, October 30th. The industrial products company reported $2.65 earnings per share for the quarter, topping analysts’ consensus estimates of $2.53 by $0.12. The company had revenue of $3.97 billion during the quarter, compared to analyst estimates of $4.02 billion. Illinois Tool Works had a net margin of 21.66% and a return on equity of 97.06%. The firm’s revenue for the quarter was down 1.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.55 earnings per share.

Several other equities analysts have also issued reports on the stock. Wells Fargo & Company cut their price objective on shares of Illinois Tool Works from $260.00 to $250.00 and set an “underweight” rating on the stock in a report on Tuesday, January 7th. Evercore ISI lowered Illinois Tool Works from an “in-line” rating to an “underperform” rating and boosted their price target for the stock from $246.00 to $255.00 in a research report on Wednesday, November 13th. Jefferies Financial Group upped their price objective on Illinois Tool Works from $255.00 to $290.00 and gave the stock a “hold” rating in a research note on Friday, December 6th. Stifel Nicolaus reduced their target price on shares of Illinois Tool Works from $268.00 to $266.00 and set a “hold” rating for the company in a report on Friday, January 24th. Finally, Barclays lowered their price target on shares of Illinois Tool Works from $270.00 to $265.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 8th. Two analysts have rated the stock with a sell rating, five have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Illinois Tool Works presently has an average rating of “Hold” and an average target price of $269.89.

Illinois Tool Works Trading Up 1.4 %

NYSE:ITW opened at $259.88 on Wednesday. The firm has a 50-day simple moving average of $262.55 and a 200-day simple moving average of $256.86. Illinois Tool Works has a one year low of $232.77 and a one year high of $279.13. The firm has a market cap of $76.74 billion, a P/E ratio of 22.48, a P/E/G ratio of 3.60 and a beta of 1.11. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.97 and a current ratio of 1.36.

Hedge Funds Weigh In On Illinois Tool Works

Several hedge funds and other institutional investors have recently modified their holdings of ITW. State Street Corp raised its holdings in shares of Illinois Tool Works by 1.2% in the third quarter. State Street Corp now owns 12,434,001 shares of the industrial products company’s stock worth $3,277,127,000 after buying an additional 149,272 shares during the last quarter. Geode Capital Management LLC raised its stake in Illinois Tool Works by 2.7% in the 3rd quarter. Geode Capital Management LLC now owns 6,292,268 shares of the industrial products company’s stock worth $1,645,972,000 after acquiring an additional 167,422 shares during the last quarter. Fisher Asset Management LLC lifted its position in Illinois Tool Works by 4.2% during the 3rd quarter. Fisher Asset Management LLC now owns 3,347,326 shares of the industrial products company’s stock worth $877,234,000 after acquiring an additional 135,023 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Illinois Tool Works by 1.8% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,849,448 shares of the industrial products company’s stock valued at $484,685,000 after purchasing an additional 32,656 shares during the period. Finally, Stifel Financial Corp raised its stake in shares of Illinois Tool Works by 1.0% in the third quarter. Stifel Financial Corp now owns 1,757,245 shares of the industrial products company’s stock worth $460,533,000 after purchasing an additional 17,139 shares during 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.