Rossmore Private Capital Has $1.54 Million Stock Holdings in Illinois Tool Works Inc. $ITW

Rossmore Private Capital boosted its stake in shares of Illinois Tool Works Inc. (NYSE:ITW) by 52.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,205 shares of the industrial products company’s stock after purchasing an additional 2,125 shares during the period. Rossmore Private Capital’s holdings in Illinois Tool Works were worth $1,538,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Meridian Wealth Management LLC boosted its position in Illinois Tool Works by 1.3% during the fourth quarter. Meridian Wealth Management LLC now owns 2,818 shares of the industrial products company’s stock valued at $694,000 after purchasing an additional 37 shares during the last quarter. Mayflower Financial Advisors LLC boosted its position in Illinois Tool Works by 3.8% during the fourth quarter. Mayflower Financial Advisors LLC now owns 1,065 shares of the industrial products company’s stock valued at $262,000 after purchasing an additional 39 shares during the last quarter. Revisor Wealth Management LLC boosted its position in Illinois Tool Works by 1.4% during the fourth quarter. Revisor Wealth Management LLC now owns 2,841 shares of the industrial products company’s stock valued at $734,000 after purchasing an additional 39 shares during the last quarter. Concord Asset Management LLC VA boosted its position in Illinois Tool Works by 1.1% during the fourth quarter. Concord Asset Management LLC VA now owns 3,591 shares of the industrial products company’s stock valued at $884,000 after purchasing an additional 39 shares during the last quarter. Finally, Fort Washington Investment Advisors Inc. OH boosted its position in Illinois Tool Works by 1.3% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 3,015 shares of the industrial products company’s stock valued at $743,000 after purchasing an additional 40 shares during the last quarter. 79.77% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ITW has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. cut their price objective on Illinois Tool Works from $303.00 to $295.00 and set an “overweight” rating for the company in a research report on Friday, May 1st. Citigroup raised their price objective on Illinois Tool Works from $284.00 to $287.00 and gave the company a “neutral” rating in a research report on Monday, May 4th. Wells Fargo & Company raised their price objective on Illinois Tool Works from $245.00 to $255.00 and gave the company an “underweight” rating in a research report on Monday, May 4th. Evercore cut their price objective on Illinois Tool Works from $296.00 to $272.00 in a research report on Monday, May 11th. Finally, Wolfe Research raised their price objective on Illinois Tool Works from $276.00 to $295.00 and gave the company an “underperform” rating in a research report on Friday, February 27th. Two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and five have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $271.92.

Key Stories Impacting Illinois Tool Works

Here are the key news stories impacting Illinois Tool Works this week:

• Positive Sentiment: Wells Fargo lifted its price target on Illinois Tool Works to $255 from $245, suggesting improved demand trends in short-cycle markets, even though the firm kept an Underweight rating. Wells Fargo Sees Improving Demand Trends for Illinois Tool Works (ITW)
• Positive Sentiment: Zacks Research nudged up its FY2026 EPS estimate for Illinois Tool Works to $11.29 from $11.21, and also increased its FY2028 estimate to $13.27 from $13.21, indicating a slightly better long-term earnings outlook.
• Neutral Sentiment: Zacks Research made small upward revisions to some future-quarter estimates, including Q3 2027 and Q4 2027, while leaving the broader full-year outlook mostly unchanged.
• Negative Sentiment: The same Zacks notes also trimmed several near-term estimates, including Q2 2026, Q4 2026, Q1 2027, Q2 2027 and FY2027 EPS, which may be weighing on sentiment around near-term growth.

Illinois Tool Works Stock Performance

NYSE:ITW opened at $247.85 on Monday. The stock has a market cap of $71.31 billion, a P/E ratio of 23.01, a PEG ratio of 4.26 and a beta of 1.04. The stock has a 50 day simple moving average of $264.17 and a 200 day simple moving average of $262.01. The company has a current ratio of 1.19, a quick ratio of 0.86 and a debt-to-equity ratio of 2.04. Illinois Tool Works Inc. has a 1-year low of $238.82 and a 1-year high of $303.15.

Illinois Tool Works (NYSE:ITW) last released its quarterly earnings results on Thursday, April 30th. The industrial products company reported $2.66 earnings per share for the quarter, topping the consensus estimate of $2.57 by $0.09. The business had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $4.01 billion. Illinois Tool Works had a return on equity of 97.36% and a net margin of 19.32%.The firm’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period last year, the firm posted $2.38 EPS. Illinois Tool Works has set its FY 2026 guidance at 11.100-11.500 EPS. Research analysts anticipate that Illinois Tool Works Inc. will post 11.37 earnings per share for the current year.

Illinois Tool Works Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Tuesday, June 30th will be issued a dividend of $1.61 per share. This represents a $6.44 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Tuesday, June 30th. Illinois Tool Works’s dividend payout ratio (DPR) is presently 59.80%.

Illinois Tool Works Profile

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.