Q1 EPS Forecast for Illinois Tool Works Increased by Analyst

Illinois Tool Works Inc. (NYSE:ITW) – Analysts at Zacks Research boosted their Q1 2026 EPS estimates for Illinois Tool Works in a note issued to investors on Tuesday, February 17th. Zacks Research analyst Team now anticipates that the industrial products company will earn $2.53 per share for the quarter, up from their prior estimate of $2.52. The consensus estimate for Illinois Tool Works’ current full-year earnings is $10.39 per share. Zacks Research also issued estimates for Illinois Tool Works’ Q2 2026 earnings at $2.85 EPS, Q3 2026 earnings at $2.94 EPS, Q4 2026 earnings at $2.90 EPS, FY2026 earnings at $11.21 EPS, Q1 2027 earnings at $2.79 EPS and Q4 2027 earnings at $3.12 EPS.

Illinois Tool Works (NYSE:ITW) last announced its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $2.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.69 by $0.03. Illinois Tool Works had a return on equity of 95.16% and a net margin of 19.11%.The company had revenue of $4.09 billion for the quarter, compared to the consensus estimate of $4.07 billion. During the same quarter in the previous year, the business earned $2.54 EPS. Illinois Tool Works’s revenue was up 4.1% compared to the same quarter last year. Illinois Tool Works has set its FY 2026 guidance at 11.000-11.400 EPS.

Several other analysts have also recently weighed in on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Illinois Tool Works in a report on Wednesday, January 28th. Wells Fargo & Company lifted their target price on shares of Illinois Tool Works from $250.00 to $270.00 and gave the company an “underweight” rating in a research note on Wednesday, February 4th. Barclays raised their price objective on shares of Illinois Tool Works from $244.00 to $275.00 and gave the stock an “underweight” rating in a report on Monday, February 9th. Bank of America upgraded Illinois Tool Works from an “underperform” rating to a “neutral” rating and upped their target price for the stock from $220.00 to $255.00 in a report on Tuesday, November 18th. Finally, Robert W. Baird set a $278.00 target price on Illinois Tool Works in a research report on Wednesday, February 4th. Two equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat, Illinois Tool Works presently has an average rating of “Reduce” and an average price target of $272.92.

Illinois Tool Works Price Performance

ITW opened at $296.15 on Thursday. The stock’s 50 day moving average price is $264.41 and its 200-day moving average price is $257.96. Illinois Tool Works has a 52-week low of $214.66 and a 52-week high of $303.15. The stock has a market capitalization of $85.35 billion, a PE ratio of 28.23, a price-to-earnings-growth ratio of 15.93 and a beta of 1.15. The company has a debt-to-equity ratio of 2.07, a quick ratio of 0.89 and a current ratio of 1.21.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Cresta Advisors Ltd. purchased a new position in Illinois Tool Works in the 4th quarter worth approximately $25,000. Corsicana & Co. bought a new stake in shares of Illinois Tool Works in the 3rd quarter worth $26,000. Motiv8 Investments LLC purchased a new position in shares of Illinois Tool Works in the fourth quarter worth $27,000. Kemnay Advisory Services Inc. bought a new position in shares of Illinois Tool Works during the fourth quarter valued at $27,000. Finally, Lodestone Wealth Management LLC purchased a new stake in shares of Illinois Tool Works during the fourth quarter valued at $28,000. 79.77% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, EVP Axel Beck sold 4,223 shares of the firm’s stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $290.22, for a total transaction of $1,225,599.06. Following the completion of the transaction, the executive vice president directly owned 5,789 shares in the company, valued at $1,680,083.58. This trade represents a 42.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ernest Scott Santi sold 167,345 shares of the company’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $290.93, for a total transaction of $48,685,680.85. Following the completion of the transaction, the director owned 258,766 shares in the company, valued at approximately $75,282,792.38. The trade was a 39.27% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.88% of the stock is owned by company insiders.

Illinois Tool Works Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 9th. Investors of record on Tuesday, March 31st will be given a dividend of $1.61 per share. This represents a $6.44 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, March 31st. Illinois Tool Works’s dividend payout ratio (DPR) is 61.39%.

About Illinois Tool Works

Illinois Tool Works Inc (ITW) is a diversified industrial manufacturer that designs and produces a broad array of engineered products, consumables and related service solutions for industrial customers. Its offerings span engineered fastening systems, specialty components, industrial equipment, welding products, foodservice and packaging equipment, adhesives and polymer products, and test-and-measurement technologies. These products are used as critical inputs by customers across automotive, construction, electronics, foodservice, maintenance and other industrial end markets.

The company operates a decentralized business model in which independently managed businesses focus on niche product lines and close customer relationships.