Illinois Tool Works (ITW) Projected to Release Earnings on Tuesday

Illinois Tool Works (NYSE:ITW) is projected to post its Q3 2026 results before the market opens on Tuesday, October 27th. Analysts expect Illinois Tool Works to announce earnings of $2.97 per share and revenue of $4.26 billion for the quarter. Illinois Tool Works has set its FY 2026 guidance at 11.350-11.550 EPS. Interested persons can check the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Tuesday, October 27, 2026 at 10:00 AM ET.

Illinois Tool Works (NYSE:ITW) last announced its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $2.84 EPS for the quarter, beating the consensus estimate of $2.80 by $0.04. Illinois Tool Works had a return on equity of 101.72% and a net margin of 19.39%. The business had revenue of $4.30 billion during the quarter, compared to analysts’ expectations of $4.19 billion. During the same quarter in the previous year, the business posted $2.58 EPS. The firm’s quarterly revenue was up 6.1% compared to the same quarter last year. On average, analysts expect Illinois Tool Works to post $11.42 EPS for the current fiscal year and $12.37 EPS for the next fiscal year.

Illinois Tool Works Trading Up 0.0%

NYSE:ITW opened at $275.80 on Monday. The company has a market capitalization of $78.55 billion, a P/E ratio of 25.00, a P/E/G ratio of 2.98 and a beta of 0.96. The stock’s 50 day moving average price is $271.82 and its 200 day moving average price is $269.04. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.81 and a current ratio of 1.11. Illinois Tool Works has a 52 week low of $238.82 and a 52 week high of $303.15.

Illinois Tool Works Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 9th. Shareholders of record on Wednesday, September 30th were given a $1.72 dividend. This is a positive change from Illinois Tool Works’s previous quarterly dividend of $1.61. This represents a $6.88 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Wednesday, September 30th. Illinois Tool Works’s payout ratio is presently 62.38%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on ITW. UBS Group set a $277.00 price target on shares of Illinois Tool Works in a research note on Friday, October 9th. JPMorgan Chase & Co. downgraded shares of Illinois Tool Works from an “overweight” rating to a “neutral” rating and cut their price target for the company from $350.00 to $270.00 in a report on Friday, October 9th. Citigroup reaffirmed a “neutral” rating on shares of Illinois Tool Works in a research note on Monday, July 13th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Illinois Tool Works from $287.00 to $281.00 and set a “hold” rating for the company in a report on Wednesday, September 30th. Finally, Wolfe Research reiterated an “underperform” rating and issued a $286.00 price objective on shares of Illinois Tool Works in a report on Thursday, July 9th. One research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $273.42.

Insider Buying and Selling

In related news, CAO Matteo Pigozzo sold 277 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $289.22, for a total value of $80,113.94. Following the completion of the sale, the chief accounting officer directly owned 3,394 shares in the company, valued at approximately $981,612.68. The trade was a 7.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Ernest Santi sold 41,431 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $287.09, for a total value of $11,894,425.79. Following the sale, the director directly owned 266,288 shares of the company’s stock, valued at $76,448,621.92. The trade was a 13.46% decrease in their position. The SEC filing for this sale provides additional information. 0.83% of the stock is currently owned by company insiders.

About Illinois Tool Works

Illinois Tool Works Inc (NYSE: ITW) is a diversified industrial manufacturer that develops and produces specialized equipment, components, consumables and systems for customers in a range of industries. Founded in 1912 and headquartered in Glenview, Illinois, the company serves markets worldwide through a portfolio of highly engineered businesses.

ITW’s operations include food equipment, automotive components, welding products, test and measurement equipment, electronics materials, polymers and fluids, construction products, and specialty products.