Illinois Tool Works Inc. (NYSE:ITW) is seeing significant activity, both on the buying and selling end of the market. Major players like the
Employees Retirement System of Texas and Global Retirement Partners LLC have recently invested in ITW. There seems to be a positive shift in the market sentiment with
B of A Securities upgrading ITW and brighter profit outlook for 2026, paving way for potential growth. However, not all investments are on the rise; for instance,
Korea Investment CORP and Choreo LLC recently sold their ITW shares.
Barclays and
Baird have increased the price targets for ITW, maintaining an underweight and neutral rating respectively. Despite Q3 sales falling below analyst estimates, ITW's planned share buyback and strategies to manage commodity costs have elicited varied responses from the market. ITW's Q3 earnings results, and the prospect of strong margin growth amid slow but steady growth outlook, have investors keenly watching. ITW's impressive returns on capital shouldn't be overlooked, and the company's recent dividend rate increase shows promise.
Illinois Tool Works ITW News Analytics from Wed, 16 Apr 2025 07:00:00 GMT to Sat, 29 Nov 2025 12:18:51 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -3