US Bancorp DE Reduces Stock Holdings in Illinois Tool Works Inc. $ITW

US Bancorp DE trimmed its position in Illinois Tool Works Inc. (NYSE:ITW) by 2.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 248,633 shares of the industrial products company’s stock after selling 5,489 shares during the period. US Bancorp DE’s holdings in Illinois Tool Works were worth $61,238,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in ITW. Caisse de depot et placement du Quebec raised its stake in shares of Illinois Tool Works by 293.0% in the third quarter. Caisse de depot et placement du Quebec now owns 424,547 shares of the industrial products company’s stock worth $110,705,000 after buying an additional 316,512 shares during the period. SG Americas Securities LLC raised its stake in shares of Illinois Tool Works by 316.3% in the fourth quarter. SG Americas Securities LLC now owns 366,012 shares of the industrial products company’s stock worth $90,149,000 after buying an additional 278,085 shares during the period. Marshall Wace LLP raised its stake in shares of Illinois Tool Works by 161.3% in the third quarter. Marshall Wace LLP now owns 400,152 shares of the industrial products company’s stock worth $104,344,000 after buying an additional 246,994 shares during the period. UBS Group AG raised its stake in shares of Illinois Tool Works by 10.7% in the fourth quarter. UBS Group AG now owns 2,101,383 shares of the industrial products company’s stock worth $517,571,000 after buying an additional 203,863 shares during the period. Finally, Vanguard Group Inc. raised its stake in shares of Illinois Tool Works by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 26,887,218 shares of the industrial products company’s stock worth $6,622,322,000 after buying an additional 189,229 shares during the period. Institutional investors own 79.77% of the company’s stock.

Key Headlines Impacting Illinois Tool Works

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

• Positive Sentiment: Q1 beat and guidance bump — ITW delivered $2.66 GAAP EPS (+12% YoY) on $4.02B revenue, and raised FY 2026 GAAP EPS to a $11.10–$11.50 range, which supports upside to consensus. ITW Reports First Quarter 2026 Results
• Positive Sentiment: Operational improvement — operating margin expanded 60 bps to 25.4% (enterprise initiatives added 120 bps) and management cited stronger cash flow and execution, suggesting continued earnings leverage if trends persist. ITW Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Guidance largely in line with estimates — the new FY EPS range is close to sell‑side consensus, leaving limited surprise to drive further rerating absent stronger organic demand. Investors will watch forward revenue cadence and margins. Compared to Estimates, ITW Q1 Earnings
• Negative Sentiment: Muted organic growth and mixed segment performance — organic revenue was roughly flat (~0.4%), several end markets (Automotive OEM, Food Equipment, Construction Products, Specialty Products) showed declines, and management indicated part of the EPS lift reflects a lower effective tax-rate assumption; investors are interpreting this as lower demand‑driven upside and took profits. Insider selling and a range of divergent analyst targets add to near‑term uncertainty. Illinois Tool Works slides as investors focus on muted organic growth

Insider Activity at Illinois Tool Works

In other news, EVP Axel Beck sold 4,223 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $290.22, for a total transaction of $1,225,599.06. Following the transaction, the executive vice president owned 5,789 shares of the company’s stock, valued at approximately $1,680,083.58. The trade was a 42.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Ernest Scott Santi sold 167,345 shares of the business’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $290.93, for a total value of $48,685,680.85. Following the transaction, the director directly owned 258,766 shares in the company, valued at approximately $75,282,792.38. This represents a 39.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.83% of the company’s stock.

Illinois Tool Works Stock Performance

NYSE ITW opened at $258.01 on Friday. The company has a market cap of $74.33 billion, a P/E ratio of 24.60, a P/E/G ratio of 4.77 and a beta of 1.13. The company has a debt-to-equity ratio of 2.07, a quick ratio of 0.89 and a current ratio of 1.21. The business’s 50 day moving average price is $270.96 and its 200-day moving average price is $261.65. Illinois Tool Works Inc. has a fifty-two week low of $236.68 and a fifty-two week high of $303.15.

Illinois Tool Works (NYSE:ITW) last released its earnings results on Thursday, April 30th. The industrial products company reported $2.66 earnings per share for the quarter, beating the consensus estimate of $2.57 by $0.09. The firm had revenue of $4.02 billion for the quarter, compared to the consensus estimate of $4.01 billion. Illinois Tool Works had a return on equity of 95.16% and a net margin of 19.11%.The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.38 EPS. Illinois Tool Works has set its FY 2026 guidance at 11.100-11.500 EPS. Sell-side analysts predict that Illinois Tool Works Inc. will post 11.26 earnings per share for the current year.

Illinois Tool Works Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 9th. Stockholders of record on Tuesday, March 31st were given a dividend of $1.61 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $6.44 annualized dividend and a dividend yield of 2.5%. Illinois Tool Works’s payout ratio is currently 61.39%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. The Goldman Sachs Group reaffirmed a “sell” rating and issued a $254.00 price objective on shares of Illinois Tool Works in a research note on Thursday. Wells Fargo & Company decreased their price objective on Illinois Tool Works from $270.00 to $245.00 and set an “underweight” rating on the stock in a research note on Wednesday, April 1st. UBS Group reaffirmed a “neutral” rating and issued a $285.00 price objective on shares of Illinois Tool Works in a research note on Wednesday, February 4th. Wolfe Research raised their price objective on Illinois Tool Works from $276.00 to $295.00 and gave the stock an “underperform” rating in a research note on Friday, February 27th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Illinois Tool Works in a research note on Monday. Two equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $270.08.

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.