DailyIQ
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Sector:IndustrialsAll sectors
Last updated 4 minutes ago

ITW·Illinois Tool Works Inc.

$.
+. (+.%)
High
$274.88
Open
$274.41
Market Cap
77.98B
52W High
$303.16
Low
$271.54
P. Close
$271.50
P/E
24.88
52W Low
$238.82
Fwd P/E
22.29
DailyIQ Est.
$267.38
Technical Score (1D)
91
BUY
News Sentiment
69
BULLISH
JPMorgan has raised its price target for ITW to $310 from $295, signaling a bullish outlook. The upgrade stems from the broker’s confidence in ITW’s diversified product mix and robust balance sheet, which should cushion the company against cyclical swings. With industrial demand expected to grow, the firm is positioned to capture higher sales volumes, potentially boosting revenue. Margin expansion is also anticipated, as ITW’s cost controls and pricing power could improve profitability. These factors together suggest that ITW could see a positive earnings trajectory over the next 1–10 trading days. Traders should monitor the upcoming earnings release for guidance on revenue growth and margin performance. Additionally, watch for any updates on ITW’s capital allocation plans, such as share buybacks or dividend adjustments. Any deviation from the projected earnings or capital allocation could quickly alter the market’s perception. Keep an eye on broader industrial sector sentiment, as ITW’s performance may be influenced by macro demand shifts.
Earnings Summary
Illinois Tool Works (ITW) is a diversified industrial manufacturer headquartered in Glenview, Illinois, offering specialized products across automotive OEM, food equipment, test & measurement, welding, polymers & fluids, construction products, and specialty products, serving both OEMs and aftermarket channels within the broader industrial machinery sector. In the most recent quarter, Q1 2026, ITW reported revenue of $4.016 billion, a modest decline from $4.093 billion in Q4 2025, while EPS rose to $2.66 from $2.72, slightly lower but still above the $2.56356 estimate, marking another beat. The following quarter, Q2 2026, saw revenue climb to $4.231 billion versus $4.016 billion in Q1 2026, indicating a rebound, though EPS data is pending; historically, ITW has consistently outperformed earnings estimates, with six of the last seven quarters beating EPS forecasts and revenue growth remaining steady at roughly 2–3 % annually. This streak underscores a resilient earnings trajectory, with the company maintaining margin discipline even as it navigates cyclical industrial demand. Recent news highlights include the firm’s announcement of a July 28, 2026 earnings release and webcast, providing analysts a clear window to assess guidance on revenue, margins, and capital allocation, and a Truist Securities upgrade to a Hold rating with a $301 price target, reflecting confidence in ITW’s ongoing operational performance and dividend sustainability. Investors should watch the upcoming earnings call for guidance on revenue growth, margin trends, and any capital allocation plans such as share buybacks or dividend adjustments, as these factors will be key to confirming or revising the upgraded target and will influence short‑term sentiment in the industrial sector.

EPS

EstBeatMiss
$2.28$2.43$2.58$2.73$2.88Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$2.80 - -
Q1'26$2.56$2.66+3.8%
Q4'25$2.71$2.72+0.3%
Q3'25$2.70$2.81+4.0%
Q2'25$2.57$2.58+0.5%
Q1'25$2.35$2.38+1.1%

Revenue

EstBeatMiss
$3.8B$3.9B$4.0B$4.2B$4.3BQ1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$4.2B - -
Q1'26$4.0B$4.0B+0.2%
Q4'25$4.1B$4.1B-0.4%
Q3'25 - $4.1B -
Q2'25 - $4.1B -
Q1'25 - $3.8B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

ITW Stock Snapshot

ITW is currently trading at $272.44, giving Illinois Tool Works Inc. a market cap of 77.98B and a P/E ratio of 24.9. Today's range spans $271.54–$274.88, with shares opening at $274.41 and moving up $0.94 (0.3%) from the prior close. DailyIQ's technical score sits at 91/100 (BUY) with a news sentiment reading of 69/100.

Over the past year ITW has traded between $238.82 and $303.16 - the current price is +14.1% off the 52-week low and -10.1% from the high. 24 analysts cover the stock with a Hold consensus and a mean 12-month target of $280.05 (range $219.00–$317.00), implying upside of +2.8%.

The BUY technical setup for ITW (91/100) is worth attention in the context of the broader Industrials sector. At $272.44 (in the middle of its 52-week range), with 77.98B in capitalization and bullish sentiment at 69/100 The current P/E ratio stands at 24.9., this large-cap name sits at the intersection where momentum strategies and fundamental growth investors both find something to like. Annual range: $238.82–$303.16.

Earnings revision cycles in large-cap Industrials names tend to compound: when technicals confirm a BUY thesis (91/100) and news sentiment (69/100, bullish) supports the narrative, analyst upgrades follow price rather than lead it. At $272.44 (in the middle of its 52-week range), ITW's position within the $238.82–$303.16 annual range suggests there's room for multiple expansion before the stock encounters meaningful technical resistance.