Illinois Tool Works (ITW)

• Market cap: $67.7B
• 1 day: 0.45%
• 5 days: 2.04%
• 1 month: -9.87%
• 3 months: -9.96%
• 6 months: -11.44%
• Year to date: -7.68%
• 1 year: -7.49%
• 5 years: 45.57%
• 10 years: 140.78%
• Sector: Industrials
• Industry: Specialty Industrial Machinery

About: Founded in 1912, Illinois Tool Works has become a diversified industrial manufacturer through acquisitions and innovations that follow customer needs. ITW operates through seven business segments, with no segment representing more than one fifth of revenue. ITW's automotive OEM segment sells vehicle components; its food equipment segment sells commercial kitchen appliances; its test & measurement and electronics segment sells inspection and analysis equipment; its welding segment sells welding equipment and consumables; its polymers & fluids segment sells industrial and consumer adhesives, solvents, and coatings; its construction products segment sells building fasteners and tools; and its specialty products segment sells medical, packaging, HVAC, and airport ground equipment.

Employees: 44,000

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

113% more first-time investments, than exits

New positions opened: 209 | Existing positions closed: 98

61% more call options, than puts

Call options by funds: $77.4M | Put options by funds: $47.9M

15% more funds holding in top 10

Funds holding in top 10: 13 [Q3] → 15 (+2) [Q4]

4% more funds holding

Funds holding: 1,724 [Q3] → 1,801 (+77) [Q4]

2.22% more ownership

Funds ownership: 80.13% [Q3] → 82.35% (+2.22%) [Q4]

0% more capital invested

Capital invested by funds: $62.3B [Q3] → $62.4B (+$138M) [Q4]

1% less repeat investments, than reductions

Existing positions increased: 616 | Existing positions reduced: 623

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $227 2% downside
• Avg. target: $249 8% upside
• High target: $295 28% upside

7 analyst ratings

• positive: 1 14%
• neutral: 4 57%
• negative: 2 29%

Citigroup Andrew Kaplowitz 15% 1-year accuracy 13 / 88 met price target	10% upside $253	Neutral Maintained	14 Apr 2025
Stifel Nathan Jones 19% 1-year accuracy 14 / 72 met price target	2% downside $227	Hold Maintained	14 Apr 2025
Barclays Julian Mitchell 35% 1-year accuracy 44 / 124 met price target	4% upside $240	Equal-Weight Maintained	10 Apr 2025
UBS Steven Fisher 27% 1-year accuracy 8 / 30 met price target	1% upside $234	Neutral Maintained	7 Apr 2025
Evercore ISI Group David Raso 20% 1-year accuracy 4 / 20 met price target	9% upside $252	Underperform Maintained	19 Feb 2025