Illinois Tool Works
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)
115% more first-time investments, than exits
New positions opened: 211 | 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]
5% more funds holding
Funds holding: 1,724 [Q3] → 1,804 (+80) [Q4]
2.3% more ownership
Funds ownership: 80.13% [Q3] → 82.43% (+2.3%) [Q4]
0% more capital invested
Capital invested by funds: $62.3B [Q3] → $62.5B (+$194M) [Q4]
1% less repeat investments, than reductions
Existing positions increased: 616 | Existing positions reduced: 624
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Citigroup Andrew Kaplowitz 36% 1-year accuracy 31 / 86 met price target | 5%upside $253 | Neutral Maintained | 14 Apr 2025 |
Stifel Nathan Jones 34% 1-year accuracy 25 / 73 met price target | 5%downside $227 | Hold Maintained | 14 Apr 2025 |
Barclays Julian Mitchell 36% 1-year accuracy 46 / 128 met price target | 0%upside $240 | Equal-Weight Maintained | 10 Apr 2025 |
UBS Steven Fisher 35% 1-year accuracy 11 / 31 met price target | 2%downside $234 | Neutral Maintained | 7 Apr 2025 |
Evercore ISI Group David Raso 25% 1-year accuracy 5 / 20 met price target | 5%upside $252 | Underperform Maintained | 19 Feb 2025 |
Financial journalist opinion
Based on 14 articles about ITW published over the past 30 days
