Zacks Research Issues Pessimistic Forecast for ITW Earnings

Illinois Tool Works Inc. (NYSE:ITW) – Zacks Research cut their Q1 2025 earnings estimates for shares of Illinois Tool Works in a report released on Wednesday, February 19th. Zacks Research analyst A. Bhattacharjee now expects that the industrial products company will earn $2.34 per share for the quarter, down from their prior estimate of $2.46. The consensus estimate for Illinois Tool Works’ current full-year earnings is $10.41 per share. Zacks Research also issued estimates for Illinois Tool Works’ Q2 2025 earnings at $2.56 EPS, Q3 2025 earnings at $2.72 EPS, FY2025 earnings at $10.25 EPS, Q1 2026 earnings at $2.61 EPS and FY2027 earnings at $12.07 EPS.

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 net margin of 21.94% and a return on equity of 95.39%.

Other equities research analysts have also recently issued research reports about the stock. Citigroup cut their price objective on shares of Illinois Tool Works from $279.00 to $265.00 and set a “neutral” rating for the company in a research note on Monday, January 13th. Robert W. Baird increased their price target 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. Evercore ISI dropped their price target on shares of Illinois Tool Works from $255.00 to $252.00 and set an “underperform” rating for the company in a research report on Wednesday. Deutsche Bank Aktiengesellschaft raised shares of Illinois Tool Works from a “sell” rating to a “hold” rating and set a $257.00 price target for the company in a research report on Wednesday. Finally, Stifel Nicolaus dropped their price target on shares of Illinois Tool Works from $266.00 to $259.00 and set a “hold” rating for the company in a research report on Thursday, February 6th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $269.30.

Illinois Tool Works Price Performance

Shares of Illinois Tool Works stock opened at $265.42 on Friday. Illinois Tool Works has a 52-week low of $232.77 and a 52-week high of $279.13. The stock has a market capitalization of $77.90 billion, a price-to-earnings ratio of 22.65, a price-to-earnings-growth ratio of 4.52 and a beta of 1.11. The company has a fifty day moving average of $257.23 and a 200-day moving average of $258.12. The company has a debt-to-equity ratio of 1.90, a quick ratio of 0.99 and a current ratio of 1.36.

Illinois Tool Works Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Monday, March 31st will be paid a $1.50 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $6.00 annualized dividend and a dividend yield of 2.26%. Illinois Tool Works’s payout ratio is 51.19%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Pensionfund Sabic increased its stake in shares of Illinois Tool Works by 37.0% in the 4th quarter. Pensionfund Sabic now owns 7,400 shares of the industrial products company’s stock worth $1,876,000 after acquiring an additional 2,000 shares in the last quarter. Franklin Resources Inc. increased its stake in shares of Illinois Tool Works by 41.0% in the 3rd quarter. Franklin Resources Inc. now owns 1,370,254 shares of the industrial products company’s stock worth $358,321,000 after acquiring an additional 398,676 shares in the last quarter. Clark & Stuart Inc bought a new position in shares of Illinois Tool Works in the 4th quarter worth about $1,729,000. Czech National Bank increased its stake in shares of Illinois Tool Works by 5.9% in the 4th quarter. Czech National Bank now owns 58,265 shares of the industrial products company’s stock worth $14,774,000 after acquiring an additional 3,227 shares in the last quarter. Finally, Wolverine Asset Management LLC bought a new position in shares of Illinois Tool Works in the 3rd quarter worth about $1,179,000. 79.77% of the stock is currently owned by institutional investors.

Illinois Tool Works Company Profile

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.