Illinois Tool Works (NYSE:ITW) Announces Quarterly Earnings Results

Illinois Tool Works (NYSE:ITW) issued its quarterly earnings data on Wednesday. The industrial products company reported $2.54 EPS for the quarter, beating the consensus estimate of $2.50 by $0.04, Zacks reports. Illinois Tool Works had a return on equity of 97.06% and a net margin of 21.66%. Illinois Tool Works updated its FY 2025 guidance to 10.150-10.550 EPS.

Illinois Tool Works Price Performance

Illinois Tool Works stock traded down $4.68 during trading on Wednesday, reaching $250.00. The company had a trading volume of 758,011 shares, compared to its average volume of 923,765. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.97 and a current ratio of 1.36. The firm’s 50-day simple moving average is $261.20 and its 200 day simple moving average is $257.14. The firm has a market capitalization of $73.82 billion, a PE ratio of 21.63, a price-to-earnings-growth ratio of 3.61 and a beta of 1.11. Illinois Tool Works has a 1-year low of $232.77 and a 1-year high of $279.13.

Analysts Set New Price Targets

Several brokerages recently commented on ITW. Barclays decreased their price objective on shares of Illinois Tool Works from $270.00 to $265.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 8th. Citigroup reduced their price objective on Illinois Tool Works from $279.00 to $265.00 and set a “neutral” rating for the company in a research note on Monday, January 13th. Stifel Nicolaus cut their price target on shares of Illinois Tool Works from $268.00 to $266.00 and set a “hold” rating on the stock in a report on Friday, January 24th. StockNews.com raised shares of Illinois Tool Works from a “hold” rating to a “buy” rating in a report on Wednesday, January 22nd. Finally, Wells Fargo & Company reduced their target price on shares of Illinois Tool Works from $260.00 to $250.00 and set an “underweight” rating for the company in a report on Tuesday, January 7th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $272.67.

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.