Illinois Tool Works Inc. $ITW Stock Position Decreased by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH cut its stake in shares of Illinois Tool Works Inc. (NYSE:ITW) by 5.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 173,850 shares of the industrial products company’s stock after selling 9,812 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Illinois Tool Works were worth $43,073,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of ITW. Lodestone Wealth Management LLC purchased a new stake in shares of Illinois Tool Works in the fourth quarter valued at $28,000. Beacon Financial Strategies CORP purchased a new stake in shares of Illinois Tool Works in the fourth quarter valued at $29,000. True Wealth Design LLC lifted its holdings in shares of Illinois Tool Works by 341.9% in the third quarter. True Wealth Design LLC now owns 137 shares of the industrial products company’s stock valued at $36,000 after purchasing an additional 106 shares in the last quarter. MTM Investment Management LLC lifted its holdings in shares of Illinois Tool Works by 70.5% in the third quarter. MTM Investment Management LLC now owns 162 shares of the industrial products company’s stock valued at $42,000 after purchasing an additional 67 shares in the last quarter. Finally, Financial Consulate Inc. purchased a new stake in shares of Illinois Tool Works in the third quarter valued at $43,000. 79.77% of the stock is owned by institutional investors.

Insider Transactions at Illinois Tool Works

In related news, Director Ernest Scott Santi sold 167,345 shares of Illinois Tool Works stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $290.93, for a total transaction of $48,685,680.85. Following the sale, the director directly owned 258,766 shares of the company’s stock, valued at $75,282,792.38. This trade represents a 39.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Axel Beck sold 4,223 shares of Illinois Tool Works stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $290.22, for a total value of $1,225,599.06. Following the sale, the executive vice president directly owned 5,789 shares in the company, valued at approximately $1,680,083.58. This trade represents a 42.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.83% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on ITW shares. Wolfe Research increased their target price on Illinois Tool Works from $276.00 to $295.00 and gave the company an “underperform” rating in a report on Friday, February 27th. Wells Fargo & Company lowered their target price on shares of Illinois Tool Works from $270.00 to $245.00 and set an “underweight” rating on the stock in a research report on Wednesday, April 1st. Weiss Ratings reissued a “buy (b-)” rating on shares of Illinois Tool Works in a research report on Wednesday, January 28th. JPMorgan Chase & Co. lowered their target price on shares of Illinois Tool Works from $327.00 to $303.00 and set an “overweight” rating on the stock in a research report on Friday, April 10th. Finally, UBS Group reaffirmed a “neutral” rating and issued a $285.00 price target on shares of Illinois Tool Works in a research report on Wednesday, February 4th. Two analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Reduce” and an average target price of $270.00.

Illinois Tool Works Trading Down 1.5%

Shares of NYSE:ITW opened at $267.11 on Thursday. The company has a market cap of $76.95 billion, a P/E ratio of 25.46, a P/E/G ratio of 4.87 and a beta of 1.13. The stock’s 50-day moving average is $274.52 and its 200-day moving average is $261.07. Illinois Tool Works Inc. has a 52-week low of $228.76 and a 52-week high of $303.15. The company has a debt-to-equity ratio of 2.07, a quick ratio of 0.89 and a current ratio of 1.21.

Illinois Tool Works (NYSE:ITW) last issued its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.69 by $0.03. The company had revenue of $4.09 billion for the quarter, compared to the consensus estimate of $4.07 billion. Illinois Tool Works had a return on equity of 95.16% and a net margin of 19.11%.The firm’s revenue was up 4.1% compared to the same quarter last year. During the same period last year, the business posted $2.54 earnings per share. Illinois Tool Works has set its FY 2026 guidance at 11.000-11.400 EPS. Equities research analysts predict that Illinois Tool Works Inc. will post 11.26 earnings per share for the current year.

Illinois Tool Works Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 9th. Investors 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 dividend on an annualized basis and a yield of 2.4%. Illinois Tool Works’s dividend payout ratio (DPR) is 61.39%.

About Illinois Tool Works

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.