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 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
233% more call options, than puts
Call options by funds: $244M | Put options by funds: $73.1M
23% more first-time investments, than exits
New positions opened: 132 | Existing positions closed: 107
9% less repeat investments, than reductions
Existing positions increased: 614 | Existing positions reduced: 678
1.33% less ownership
Funds ownership: 82.46% [Q4 2024] → 81.13% (-1.33%) [Q1 2025]
2% less funds holding
Funds holding: 1,811 [Q4 2024] → 1,778 (-33) [Q1 2025]
6% less capital invested
Capital invested by funds: $62.5B [Q4 2024] → $58.7B (-$3.78B) [Q1 2025]
20% less funds holding in top 10
Funds holding in top 10: 15 [Q4 2024] → 12 (-3) [Q1 2025]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Evercore ISI Group David Raso | 1%downside $249 | Underperform Maintained | 19 May 2025 |
Stifel Nathan Jones | 7%downside $233 | Hold Maintained | 1 May 2025 |
Barclays Julian Mitchell | 6%downside $237 | Equal-Weight Maintained | 1 May 2025 |
Truist Securities Jamie Cook | 13%upside $284 | Buy Maintained | 1 May 2025 |
Baird Mig Dobre | 3%downside $244 | Neutral Maintained | 1 May 2025 |
Financial journalist opinion
Based on 14 articles about ITW published over the past 30 days









