Seaport Res Ptn Brokers Lower Earnings Estimates for ITW

Illinois Tool Works Inc. (NYSE:ITW) – Analysts at Seaport Res Ptn reduced their Q1 2025 earnings per share estimates for Illinois Tool Works in a research report issued to clients and investors on Thursday, February 6th. Seaport Res Ptn analyst W. Liptak now forecasts that the industrial products company will post earnings of $2.39 per share for the quarter, down from their prior estimate of $2.48. The consensus estimate for Illinois Tool Works’ current full-year earnings is $10.14 per share. Seaport Res Ptn also issued estimates for Illinois Tool Works’ Q2 2025 earnings at $2.60 EPS, FY2025 earnings at $10.50 EPS, Q1 2026 earnings at $2.64 EPS, Q2 2026 earnings at $2.81 EPS, Q3 2026 earnings at $2.91 EPS, Q4 2026 earnings at $2.89 EPS and FY2026 earnings at $11.24 EPS.

Illinois Tool Works (NYSE:ITW) last announced its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $2.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.50 by $0.04. Illinois Tool Works had a net margin of 21.66% and a return on equity of 97.06%.

Several other equities research analysts have also weighed in on the stock. Wells Fargo & Company lowered their target price on shares of Illinois Tool Works from $250.00 to $245.00 and set an “underweight” rating on the stock in a report on Thursday. Stifel Nicolaus reduced their target price on Illinois Tool Works from $266.00 to $259.00 and set a “hold” rating on the stock in a report on Thursday. Evercore ISI cut Illinois Tool Works from an “in-line” rating to an “underperform” rating and raised their price target for the company from $246.00 to $255.00 in a report on Wednesday, November 13th. JPMorgan Chase & Co. decreased their target price on Illinois Tool Works from $300.00 to $295.00 and set an “overweight” rating on the stock in a report on Monday. Finally, Citigroup reduced their price target on shares of Illinois Tool Works from $279.00 to $265.00 and set a “neutral” rating on the stock in a research report on Monday, January 13th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $271.33.

Illinois Tool Works Stock Performance

NYSE:ITW opened at $254.86 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.36 and a debt-to-equity ratio of 1.94. The firm has a 50-day moving average price of $260.77 and a 200 day moving average price of $257.12. The firm has a market capitalization of $75.26 billion, a PE ratio of 22.05, a price-to-earnings-growth ratio of 3.61 and a beta of 1.11. Illinois Tool Works has a 12-month low of $232.77 and a 12-month high of $279.13.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Sugar Maple Asset Management LLC purchased a new stake in shares of Illinois Tool Works in the fourth quarter valued at $28,000. True Wealth Design LLC raised its position in Illinois Tool Works by 1,060.0% in the 3rd quarter. True Wealth Design LLC now owns 116 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 106 shares during the period. Catalyst Capital Advisors LLC purchased a new position in shares of Illinois Tool Works during the third quarter valued at approximately $32,000. Ulland Investment Advisors LLC bought a new position in shares of Illinois Tool Works during the fourth quarter valued at approximately $33,000. Finally, Northwest Investment Counselors LLC purchased a new stake in shares of Illinois Tool Works in the third quarter worth approximately $35,000. 79.77% of the stock is owned by hedge funds and other institutional investors.

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.