Q1 2025 EPS Estimates for Illinois Tool Works Inc. (NYSE:ITW) Raised by Seaport Res Ptn

Illinois Tool Works Inc. (NYSE:ITW) – Research analysts at Seaport Res Ptn lifted their Q1 2025 EPS estimates for Illinois Tool Works in a research report issued to clients and investors on Thursday, May 2nd. Seaport Res Ptn analyst W. Liptak now forecasts that the industrial products company will post earnings per share of $2.56 for the quarter, up from their previous estimate of $2.48. The consensus estimate for Illinois Tool Works’ current full-year earnings is $10.29 per share. Seaport Res Ptn also issued estimates for Illinois Tool Works’ Q2 2025 earnings at $2.71 EPS, Q3 2025 earnings at $2.75 EPS and Q4 2025 earnings at $2.89 EPS.

Illinois Tool Works (NYSE:ITW) last released its quarterly earnings data on Tuesday, April 30th. The industrial products company reported $2.44 EPS for the quarter, beating analysts’ consensus estimates of $2.35 by $0.09. The business had revenue of $3.97 billion during the quarter, compared to analysts’ expectations of $4.03 billion. Illinois Tool Works had a net margin of 19.07% and a return on equity of 97.82%. The firm’s quarterly revenue was down 1.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.33 EPS.

ITW has been the subject of a number of other reports. Truist Financial increased their target price on Illinois Tool Works from $303.00 to $305.00 and gave the stock a “buy” rating in a research note on Wednesday, May 1st. Bank of America lowered shares of Illinois Tool Works from a “neutral” rating to an “underperform” rating and dropped their price objective for the stock from $260.00 to $235.00 in a report on Wednesday, January 10th. Barclays reduced their target price on shares of Illinois Tool Works from $230.00 to $229.00 and set an “underweight” rating for the company in a research note on Thursday, May 2nd. StockNews.com raised Illinois Tool Works from a “hold” rating to a “buy” rating in a research note on Wednesday, May 1st. Finally, Citigroup upped their price objective on Illinois Tool Works from $258.00 to $269.00 and gave the stock a “neutral” rating in a research report on Monday, April 8th. Four investment analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $257.78.

Illinois Tool Works Trading Up 0.5 %

NYSE ITW opened at $245.15 on Monday. Illinois Tool Works has a one year low of $217.06 and a one year high of $271.15. The company has a debt-to-equity ratio of 2.07, a current ratio of 1.32 and a quick ratio of 0.94. The firm has a market cap of $73.24 billion, a P/E ratio of 24.18, a P/E/G ratio of 3.59 and a beta of 1.14. The stock’s 50-day moving average is $258.45 and its 200-day moving average is $252.17.

Illinois Tool Works Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 11th. Investors of record on Friday, June 28th will be issued a dividend of $1.40 per share. The ex-dividend date is Friday, June 28th. This represents a $5.60 dividend on an annualized basis and a yield of 2.28%. Illinois Tool Works’s payout ratio is 55.23%.

Insiders Place Their Bets

In related news, EVP Sharon Szafranski sold 801 shares of Illinois Tool Works stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $256.42, for a total transaction of $205,392.42. Following the completion of the transaction, the executive vice president now owns 5,870 shares in the company, valued at $1,505,185.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, Chairman Ernest Scott Santi sold 45,676 shares of the stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $256.12, for a total value of $11,698,537.12. Following the transaction, the chairman now directly owns 221,015 shares of the company’s stock, valued at $56,606,361.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Sharon Szafranski sold 801 shares of Illinois Tool Works stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $256.42, for a total transaction of $205,392.42. Following the sale, the executive vice president now directly owns 5,870 shares of the company’s stock, valued at approximately $1,505,185.40. The disclosure for this sale can be found here. Over the last three months, insiders have sold 89,471 shares of company stock valued at $23,248,816. 0.88% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Illinois Tool Works

Hedge funds have recently bought and sold shares of the stock. Metis Global Partners LLC increased its position in Illinois Tool Works by 0.7% during the first quarter. Metis Global Partners LLC now owns 16,502 shares of the industrial products company’s stock worth $4,428,000 after acquiring an additional 110 shares during the period. Empowered Funds LLC grew its position in shares of Illinois Tool Works by 212.9% during the 1st quarter. Empowered Funds LLC now owns 13,314 shares of the industrial products company’s stock worth $3,573,000 after purchasing an additional 9,059 shares in the last quarter. Quantbot Technologies LP increased its holdings in shares of Illinois Tool Works by 181.1% during the first quarter. Quantbot Technologies LP now owns 9,190 shares of the industrial products company’s stock worth $2,466,000 after purchasing an additional 5,921 shares during the period. Envestnet Portfolio Solutions Inc. raised its position in shares of Illinois Tool Works by 78.3% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 36,921 shares of the industrial products company’s stock valued at $9,907,000 after buying an additional 16,216 shares in the last quarter. Finally, Empirical Finance LLC boosted its stake in shares of Illinois Tool Works by 3.4% in the first quarter. Empirical Finance LLC now owns 10,127 shares of the industrial products company’s stock valued at $2,717,000 after buying an additional 335 shares during the period. 79.77% of the stock is currently owned by institutional investors and hedge funds.

About Illinois Tool Works

Illinois Tool Works Inc manufactures and sells industrial products and equipment in the United States and internationally. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products.