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

Illinois Tool Works (NYSE:ITW) will likely be issuing its Q3 2026 results before the market opens on Tuesday, October 27th. Analysts expect Illinois Tool Works to post 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 may visit the company’s upcoming Q3 2026 earnings report 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 data on Tuesday, July 28th. The industrial products company reported $2.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.80 by $0.04. The firm had revenue of $4.30 billion for the quarter, compared to the consensus estimate of $4.19 billion. Illinois Tool Works had a net margin of 19.39% and a return on equity of 101.72%. The business’s revenue for the quarter was up 6.1% on a year-over-year basis. During the same period in the prior year, the company posted $2.58 earnings per share. 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 Stock Performance

NYSE:ITW opened at $275.80 on Friday. Illinois Tool Works has a twelve month low of $238.82 and a twelve month high of $303.15. The company has a quick ratio of 0.81, a current ratio of 1.11 and a debt-to-equity ratio of 2.26. The stock’s 50-day simple moving average is $271.82 and its 200 day simple moving average is $268.97. The firm has a market capitalization of $78.55 billion, a PE ratio of 25.00, a price-to-earnings-growth ratio of 2.98 and a beta of 0.96.

Illinois Tool Works Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Investors of record on Wednesday, September 30th were given a dividend of $1.72 per share. The ex-dividend date was Wednesday, September 30th. This represents a $6.88 dividend on an annualized basis and a yield of 2.5%. This is an increase from Illinois Tool Works’s previous quarterly dividend of $1.61. Illinois Tool Works’s dividend payout ratio is presently 62.38%.

Wall Street Analyst Weigh In

ITW has been the subject of a number of recent research reports. Robert W. Baird increased their price objective on Illinois Tool Works from $278.00 to $297.00 and gave the company a “neutral” rating in a report on Wednesday, July 29th. Citigroup reaffirmed a “neutral” rating on shares of Illinois Tool Works in a report on Monday, July 13th. JPMorgan Chase & Co. lowered Illinois Tool Works from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $350.00 to $270.00 in a research report on Friday, October 9th. Deutsche Bank Aktiengesellschaft decreased their price target on Illinois Tool Works from $287.00 to $281.00 and set a “hold” rating for the company in a research note on Wednesday, September 30th. Finally, UBS Group set a $277.00 price objective on Illinois Tool Works in a research report on Friday, October 9th. One equities research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus target price of $273.42.

Insider Activity

In related news, CAO Matteo C. Pigozzo sold 277 shares of the stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $289.22, for a total transaction of $80,113.94. Following the completion of the sale, the chief accounting officer directly owned 3,394 shares of the company’s stock, valued at approximately $981,612.68. This trade represents a 7.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Ernest Santi sold 41,431 shares of Illinois Tool Works stock in a transaction 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 owned 266,288 shares in the company, valued at $76,448,621.92. The trade was a 13.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.83% of the stock is currently owned by company insiders.

Illinois Tool Works Company Profile

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.