Illinois Tool Works (ITW) is up 3.9% today. Here is some analysis on what might have caused this price movement.
Analysis: The move appears tied to a mix of constructive analyst sentiment and confidence heading into second-quarter results later this month. Illinois Tool Works also entered the period with momentum from a solid first quarter, including higher profit guidance, which likely gave investors more confidence in the setup.
Details:
Illinois Tool Works is scheduled to report second-quarter 2026 results on July 28, which can draw buying interest when investors expect another steady quarter.On July 13, one large bank lifted its price target on ITW to $310 and kept a positive rating, signaling upside potential ahead of earnings.In its first-quarter release, the company reported revenue of about $4.02 billion, GAAP EPS of $2.66, and raised full-year 2026 GAAP EPS guidance to $11.10 to $11.50.The company also reiterated expectations for positive organic growth across all seven segments and about $1.5 billion of share repurchases in 2026, supporting the broader investment case.Sources:
Illinois Tool Works Investor Relations, TipRanks, GlobeNewswire
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$ITW Insider Trading Activity
$ITW insiders have traded $ITW stock on the open market 9 times in the past 6 months. Of those trades, 1 have been purchases and 8 have been sales.
Here’s a breakdown of recent trading of $ITW stock by insiders over the last 6 months:
- ERNEST SCOTT SANTI has made 0 purchases and 6 sales selling 167,345 shares for an estimated $48,686,119.
- MARY KATHERINE LAWLER (SVP & Chief HR Officer) sold 17,279 shares for an estimated $5,043,740
- AXEL BECK (Executive Vice President) sold 4,223 shares for an estimated $1,225,599
- JENNIFER F. SCANLON purchased 806 shares for an estimated $199,879
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
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$ITW Hedge Fund Activity
We have seen 736 institutional investors add shares of $ITW stock to their portfolio, and 779 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- TWO SIGMA INVESTMENTS, LP added 1,374,421 shares (+1467.6%) to their portfolio in Q1 2026, for an estimated $357,748,042
- MORGAN STANLEY added 1,329,392 shares (+32.6%) to their portfolio in Q1 2026, for an estimated $346,027,443
- BLACKROCK, INC. added 1,254,121 shares (+5.7%) to their portfolio in Q1 2026, for an estimated $326,435,155
- NEUBERGER BERMAN GROUP LLC added 574,367 shares (+1419.3%) to their portfolio in Q1 2026, for an estimated $149,501,986
- RENAISSANCE TECHNOLOGIES LLC added 538,200 shares (+442.5%) to their portfolio in Q1 2026, for an estimated $140,088,078
- UBS GROUP AG removed 501,698 shares (-23.9%) from their portfolio in Q1 2026, for an estimated $130,586,972
- FRANKLIN RESOURCES INC removed 496,747 shares (-56.8%) from their portfolio in Q1 2026, for an estimated $129,298,276
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$ITW Government Contracts
We have seen $8,478,002 of award payments to $ITW over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.
$ITW Congressional Stock Trading
Members of Congress have traded $ITW stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $ITW stock by members of Congress over the last 6 months:
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
$ITW Price Targets
Multiple analysts have issued price targets for $ITW recently. We have seen 6 analysts offer price targets for $ITW in the last 6 months, with a median target of $291.0.
Here are some recent targets:
- Jamie Cook from Truist Securities set a target price of $301.0 on 07/02/2026
- Andrew Kaplowitz from Citigroup set a target price of $287.0 on 05/04/2026
- Joseph O'Dea from Wells Fargo set a target price of $255.0 on 05/04/2026
- Tami Zakaria from JP Morgan set a target price of $295.0 on 05/01/2026
- Julian Mitchell from Barclays set a target price of $250.0 on 04/01/2026
- David Raso from Evercore ISI Group set a target price of $296.0 on 02/23/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
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Illinois Tool Works rises as target hike and pre-earnings optimism support shares
Illinois Tool Works (ITW) is up 3.9% today. Here is some analysis on what might have caused this price movement.
Analysis: The move appears tied to a mix of constructive analyst sentiment and confidence heading into second-quarter results later this month. Illinois Tool Works also entered the period with momentum from a solid first quarter, including higher profit guidance, which likely gave investors more confidence in the setup.
Details:
Sources:
Illinois Tool Works Investor Relations, TipRanks, GlobeNewswire
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$ITW Insider Trading Activity
$ITW insiders have traded $ITW stock on the open market 9 times in the past 6 months. Of those trades, 1 have been purchases and 8 have been sales.
Here’s a breakdown of recent trading of $ITW stock by insiders over the last 6 months:
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$ITW Hedge Fund Activity
We have seen 736 institutional investors add shares of $ITW stock to their portfolio, and 779 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$ITW Government Contracts
We have seen $8,478,002 of award payments to $ITW over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.
$ITW Congressional Stock Trading
Members of Congress have traded $ITW stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $ITW stock by members of Congress over the last 6 months:
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
$ITW Price Targets
Multiple analysts have issued price targets for $ITW recently. We have seen 6 analysts offer price targets for $ITW in the last 6 months, with a median target of $291.0.
Here are some recent targets:
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
Read full article here »