Illinois Tool Works Inc. (ITW) Stock Price & Analysis
Illinois Tool Works Inc. (ITW) closed at USD 279.24 on Thursday, October 22, 2026, up 0.88% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 276.8; the Oct 22, 2026 session ranged USD 267.86–279.71 on volume of 2,155,186 shares. Market capitalization is $79.53B, with a 52-week range of USD 238.82–303.16 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:27 UTC.
Also available as compact Markdown for AI agents: nexqual.com/ITW.md
Key facts (ITW)
- Last four reported quarters (through Jun 30, 2026): revenue $16.5B, net income $3.19B (19.4% margin), free cash flow $2.92B (SEC filings).
- Valuation: P/E 24.9x (avg 24.0x at the last 3 fiscal year-ends), EV/EBITDA 18.8x, net debt $8.86B.
- 2 of 80 tracked superinvestors hold ITW (13F, Q2 2026): 0 new, 1 added, 0 reduced, 1 unchanged.
- Insider open-market sales, last ~7 months: 2 Form 4 filings, $12.0M; 2 not under a Rule 10b5-1 plan ($12.0M); 0 by opportunistic insiders, 1 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 1 Form 4 filing, $200K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Hold (mean 3.13 on a 1–5 scale) (16 analysts), mean target USD 294.57 (range 249–326).
- Total return with dividends: 1Y +11.2% vs S&P 500 +14.9%; 5Y +40.0% vs S&P 500 +80.3%.
- Next earnings: 2026-10-27, EPS estimate USD 2.98, revenue estimate $4.25B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (ITW)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $14.5B | $15.9B | $16.1B | $15.9B | $16.0B | $16.5B |
| Gross profit | $5.97B | $7.80B | $8.16B | $8.29B | $8.49B | — |
| Operating income | $3.48B | $3.79B | $4.04B | $4.26B | $4.22B | $4.36B |
| Net income | $2.69B | $3.03B | $2.96B | $3.49B | $3.07B | $3.19B |
| EPS (diluted) | $8.51 | $9.77 | $9.74 | $11.71 | $10.49 | — |
| Free cash flow | $2.26B | $1.94B | $3.08B | $2.84B | $2.71B | $2.92B |
| Gross margin | 41.3% | 48.9% | 50.7% | 52.2% | 52.9% | — |
| Operating margin | 24.1% | 23.8% | 25.1% | 26.8% | 26.3% | 26.5% |
| Net margin | 18.6% | 19.0% | 18.4% | 21.9% | 19.1% | 19.4% |
| Revenue growth | +15.0% | +10.2% | +1.1% | -1.3% | +0.9% | — |
| Cash + short-term investments | $1.53B | $708M | $1.06B | $948M | $851M | — |
| Total debt | $7.48B | $6.71B | $7.70B | $7.08B | $7.68B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (ITW)
P/E 24.9x · P/S 4.8x · EV/EBITDA 18.8x · EV/Sales 5.4x · P/FCF 27.2x · P/B 27.5x · FCF yield 3.67% · Earnings yield 4.02% · Dividend yield (paid, TTM) 2.30% · Buyback yield (TTM) 2.36% · Net debt $8.86B · EV $88.4B
P/E at fiscal year-ends: Dec 2025 23.5x, Dec 2024 21.6x, Dec 2023 26.9x.
Superinvestors (SEC 13F-HR, Q2 2026) (ITW)
2 of 80 tracked investors hold ITW. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Thomas Gayner | Markel Group | 0.67% | $88.6M | Unchanged |
| Mairs & Power | Mairs & Power Funds | <0.01% | $415K | Added +3.4% |
Insider sales (SEC Form 4, open-market, last ~7 months) (ITW)
0 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-19 | Santi Ernest Scott | Director | 41,431 | $11.9M | 13.5% | No | Routine (sold in Feb each year 2023–2025; this trade is outside those months) |
| 2026-08-13 | Pigozzo Matteo C. | VP & Chief Accounting Officer | 277 | $80K | 5.8% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Insider purchases (SEC Form 4, open-market, last ~7 months) (ITW)
1 purchase, $200K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-06-02 | Scanlon Jennifer F. | Director | 806 | $200K | 247.99 | Too little history (no open-market trades in 2023–2025) |
Analysts (ITW)
Consensus Hold (mean 3.13 on a 1–5 scale), 16 analysts; mean target USD 294.57 (low 249, high 326).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-09 | JP Morgan | Downgrade | Overweight → Neutral | $350 → $277 |
| 2026-10-05 | Truist Securities | Target lowered | Hold | $308 → $297 |
| 2026-08-11 | Evercore ISI Group | Target raised | Underperform | $272 → $309 |
| 2026-07-29 | JP Morgan | Target raised | Overweight | $310 → $350 |
| 2026-07-29 | Baird | Target raised | Neutral | $278 → $297 |
| 2026-07-13 | JP Morgan | Target raised | Overweight | $295 → $310 |
| 2026-07-02 | Truist Securities | Target raised | Hold | $280 → $301 |
Total return (dividends reinvested) (ITW)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +11.2% | +40.0% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +11.3% | +7.0% |
| Volatility (annualized) | 21.7% | 21.4% |
| Max drawdown | -17.4% (Feb 2026→Jun 2026) | -27.4% (Dec 2021→Jun 2022) |
ITW analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $2.98 | $2.93 | +1.5% | $4.25B | 11 |
| Next quarter (ends Dec 2026) | $2.96 | $2.93 | +1.3% | $4.25B | 11 |
| Current fiscal year (ends Dec 2026) | $11.44 | $11.35 | +0.9% | $16.83B | 12 |
| Next fiscal year (ends Dec 2027) | $12.35 | $12.20 | +1.2% | $17.44B | 13 |
Key Statistics (as of October 23, 2026 at 09:27 UTC)
| Price | USD 279.24 |
|---|---|
| Change | ▲ 0.88% (up) |
| Previous Close | USD 276.8 |
| Open | USD 277.68 |
| Day Range | USD 267.86 – 279.71 |
| 52-Week Range | USD 238.82 – 303.16 |
| Volume | 2,155,186 shares |
| Market Cap | $79.53B |
| Exchange | NYQ |
Technical Analysis (ITW)
Nexqual's technical model rates ITW "BUY" based on 5 bullish and 1 bearish signals across 127 daily candles, as of October 23, 2026 at 09:27 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 64.58 (neutral) |
| vs SMA50 | Above (USD 272.53) |
| MACD | 1.25 (positive) |
Analyst Ratings (ITW)
Wall Street analysts rate ITW "Hold" based on 16 analysts, with a mean price target of USD 294.57 (range USD 249–326), per Nexqual as of October 23, 2026 at 09:27 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 16 |
| Mean Target | USD 294.57 |
| High Target | USD 326 |
| Low Target | USD 249 |
| Buy / Hold / Sell | 1 / 12 / 3 |
Earnings (ITW)
| Next Earnings Date | 2026-10-27 |
|---|---|
| EPS Estimate | USD 2.97 |
| Revenue Estimate | $4.25B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 2.84 vs est 2.8 ▲ beat |
| 2026-03-31 | USD 2.66 vs est 2.56 ▲ beat |
| 2025-12-31 | USD 2.72 vs est 2.69 ▲ beat |
| 2025-09-30 | USD 2.81 vs est 2.7 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:27 UTC.
Financials & Fundamentals (ITW)
| Total Revenue | $16.47B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +6.10% |
| Gross Margin | +44.16% |
| Operating Margin | +26.90% |
| Profit Margin | +19.39% |
| ROE | +104.62% |
| Debt / Equity | 3.35 |
| Current Ratio | 1.11 |
| Total Cash | $839.00M |
| Total Debt | $9.69B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $2.92B (17.7% of revenue) |
Source: Nexqual, October 23, 2026 at 09:27 UTC.
Financial Health Score (ITW)
Nexqual rates Illinois Tool Works Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 09:27 UTC.
| Growth | Mixed — Revenue +0.9% YoY (annual), slow |
|---|---|
| Profitability | Strong — Gross margin 44%, operating 27% (last 12 months) |
| Balance Sheet | Critical — $839M cash and investments vs $9.69B debt (Jun 2026, SEC) |
| Cash Flow | Strong — FCF $2.92B (last 4 quarters to Jun 2026, SEC), 18% margin |
| Efficiency | Strong — ROE 105%, ROA 16.9% |
Ownership (ITW)
| Insider Ownership | +0.37% |
|---|---|
| Institutional Ownership | +86.95% |
| Shares Outstanding | 284.80M |
| Float | 257.73M |
| Short % of Float | +3.24% |
Source: Nexqual, October 23, 2026 at 09:27 UTC.
Leadership (ITW)
Illinois Tool Works Inc. is led by Christopher A. O'Herlihy, President, CEO & Director, per Nexqual as of October 23, 2026 at 09:27 UTC.
| President, CEO & Director | Christopher A. O'Herlihy |
|---|---|
| Senior VP & CFO | Michael M. Larsen |
| Executive Vice President of Specialty Products | Kenneth T. Escoe |
| Executive Vice President of Food Equipment | Axel R. J. Beck |
| Vice President of Investor Relations | Erin Linnihan |
Major Backers & Investors (ITW)
Notable institutional backers of Illinois Tool Works Inc. include Briar Hall Management LLC, State Farm Mutual Automobile Insurance Co, Morgan Stanley, according to Nexqual as of October 23, 2026 at 09:27 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Briar Hall Management LLC | 9.06% |
| State Farm Mutual Automobile Insurance Co | 7.38% |
| Morgan Stanley | 1.72% |
| Capital Group | 1.71% |
| Fidelity | 1.19% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 8.58% |
| BlackRock | 8.17% |
| State Street | 4.49% |
| Northern Trust | 3.88% |
| Geode Capital | 2.49% |
Source: Nexqual, October 23, 2026 at 09:27 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| CMI | Cummins Inc. | USD 519.53 | ▼ 4.18% |
| EMR | Emerson Electric Company | USD 160.29 | ▼ 1.73% |
| AME | AMETEK, Inc. | USD 238.82 | ▼ 4.58% |
| PH | Parker-Hannifin Corporation | USD 893.21 | ▼ 6.78% |
| ROK | Rockwell Automation, Inc. | USD 423.87 | ▼ 3.34% |
| ETN | Eaton Corporation, PLC | USD 368.99 | ▼ 6.33% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:27 UTC. This page is informational and not investment advice.
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