Capstone Capital Management Ltd Invests $790,000 in Illinois Tool Works Inc. $ITW

Capstone Capital Management Ltd purchased a new position in Illinois Tool Works Inc. (NYSE:ITW) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 3,206 shares of the industrial products company’s stock, valued at approximately $790,000.

Several other large investors have also bought and sold shares of ITW. Cresta Advisors Ltd. bought a new position in Illinois Tool Works in the 4th quarter valued at approximately $25,000. Lodestone Wealth Management LLC bought a new stake in shares of Illinois Tool Works during the 4th quarter valued at $28,000. Beacon Financial Strategies CORP bought a new stake in Illinois Tool Works during the 4th quarter valued at approximately $29,000. Ares Financial Consulting LLC purchased a new position in shares of Illinois Tool Works during the fourth quarter valued at about $31,000. Finally, MTM Investment Management LLC grew its holdings in shares of Illinois Tool Works by 70.5% in the third quarter. MTM Investment Management LLC now owns 162 shares of the industrial products company’s stock valued at $42,000 after purchasing an additional 67 shares in the last quarter. 79.77% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on ITW shares. JPMorgan Chase & Co. reduced their price target on Illinois Tool Works from $303.00 to $295.00 and set an “overweight” rating on the stock in a report on Friday, May 1st. Barclays dropped their target price on Illinois Tool Works from $275.00 to $250.00 and set an “underweight” rating on the stock in a research note on Wednesday, April 1st. Robert W. Baird set a $278.00 target price on shares of Illinois Tool Works in a report on Wednesday, February 4th. Evercore dropped their price target on shares of Illinois Tool Works from $296.00 to $272.00 in a research note on Monday, May 11th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Illinois Tool Works in a research note on Monday, April 27th. Two analysts have rated the stock with a Buy rating, six have issued a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, Illinois Tool Works currently has a consensus rating of “Reduce” and a consensus target price of $271.92.

Illinois Tool Works Stock Performance

NYSE ITW opened at $249.15 on Tuesday. The company has a market capitalization of $71.68 billion, a P/E ratio of 23.13, a PEG ratio of 4.26 and a beta of 1.04. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.19 and a quick ratio of 0.86. The business has a 50 day moving average price of $263.51 and a 200 day moving average price of $262.03. 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 posted its quarterly earnings results on Thursday, April 30th. The industrial products company reported $2.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.57 by $0.09. Illinois Tool Works had a return on equity of 97.36% and a net margin of 19.32%.The firm had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $4.01 billion. During the same quarter in the previous year, the business earned $2.38 earnings per share. The firm’s quarterly revenue was up 4.6% compared to the same quarter last year. Illinois Tool Works has set its FY 2026 guidance at 11.100-11.500 EPS. Sell-side analysts expect that Illinois Tool Works Inc. will post 11.37 EPS for the current fiscal year.

Illinois Tool Works Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Tuesday, June 30th will be given a $1.61 dividend. This represents a $6.44 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Tuesday, June 30th. Illinois Tool Works’s dividend payout ratio is currently 59.80%.

Illinois Tool Works Company 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.