ITWIndustrials · Specialty Industrial MachineryThe 16 Wall Street analysts covering Illinois Tool Works Inc. hold a median 12-month price target of $300 — +1.8% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 74 of 100 as at 6 Aug 2026 — in the upper half. Here, the model and the Street point the same way.
Consensus tells you what everyone already believes. The model scores Illinois Tool Works Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Volatility (99): The share price has been relatively steady.
Accruals (39): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.
Size (3): Larger than most of the companies we track — more scrutinised, less often mispriced.
The rank is the raw material. Whether the rules would actually own Illinois Tool Works Inc. — and when they’d sell — is the membership.
The bullish and bearish analyst opinions on ITW, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
The green dot is the last close — the median target sits +1.8% from it.
Of the 20 most recent actions, 3 moved their price target up and 0 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 29 July 2026 | Baird | Maintains | Neutral | $278 → $297 |
| 29 July 2026 | JP Morgan | Maintains | Overweight | $310 → $350 |
| 13 July 2026 | JP Morgan | Maintains | Overweight | $295 → $310 |
| 13 July 2026 | JP Morgan | Maintains | Overweight | — |
| 2 July 2026 | Truist Securities | Maintains | Hold | — |
| 4 May 2026 | Citigroup | Maintains | Neutral | — |
| 4 May 2026 | Wells Fargo | Maintains | Underweight | — |
| 1 May 2026 | JP Morgan | Maintains | Overweight | — |
| 10 Apr 2026 | JP Morgan | Maintains | Overweight | — |
| 1 Apr 2026 | Barclays | Maintains | Underweight | — |
| 1 Apr 2026 | Wells Fargo | Maintains | Underweight | — |
| 23 Feb 2026 | Evercore ISI Group | Maintains | Underperform | — |
| 9 Feb 2026 | Barclays | Maintains | Underweight | — |
| 4 Feb 2026 | Citigroup | Maintains | Neutral | — |
| 4 Feb 2026 | Wells Fargo | Maintains | Underweight | — |
| 7 Jan 2026 | Wells Fargo | Maintains | Underweight | — |
| 16 Dec 2025 | Goldman Sachs | Downgrade | Sell | — |
| 18 Nov 2025 | B of A Securities | Upgrade | Neutral | — |
| 27 Oct 2025 | Barclays | Maintains | Underweight | — |
| 27 Oct 2025 | Truist Securities | Maintains | Hold | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 31% of US stocks
Cheaper than 24% of US stocks
Cheaper than 4% of US stocks
Cheaper than 17% of US stocks
Higher than 44% of US stocks
Higher than 47% of US stocks
Higher than 56% of US stocks
Higher than 86% of US stocks
Higher than 82% of US stocks
Higher than 96% of US stocks
Higher than 98% of US stocks
Higher than 49% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The nearest names by industry and size, scored by the same model — like for like.
Computed off the Friday close and sent before the US open.
Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. ITW appears on the weeks it earns a place.
ITW's Board of Directors approved a 7% increase in the annual cash dividend from $6.44 to $6.88 per share, effective with the fourth-quarter dividend of $1.72 payable on October 9, 2026.
Why it matters — A dividend increase signals management's confidence in the company's cash flow and financial health, which is closely watched by income-focused investors.
The article highlights industrial dividend growers as under-the-radar stocks that steadily increase their payouts over time. It presents these companies as attractive August stock picks, though the text does not name Illinois Tool Works specifically.
Why it matters — Because ITW is an industrial dividend-paying company, coverage of industrial dividend growers signals the broader sector's income appeal to ITW watchers.
Illinois Tool Works reported record second-quarter operating income, driven by accelerated growth in several capital-expenditure-related businesses, leading the company to raise its full-year organic growth and earnings outlook.
Why it matters — The raised full-year guidance and record operating income signal that ITW's capital-expenditure-related segments are performing strongly, making this update relevant for assessing the company's near-term financial trajectory.
Illinois Tool Works' stock rose after the company upgraded its full-year organic sales growth guidance, citing signs of recovery in the U.S. manufacturing sector in 2026.
Why it matters — Since ITW's performance is closely tied to manufacturing activity, an upgraded sales forecast signals improving demand for its industrial products and equipment.
Seeking Alpha published the transcript of Illinois Tool Works Inc.'s Q2 2026 earnings call, covering the company's second-quarter financial results and management commentary.
Why it matters — Investors tracking ITW rely on earnings-call transcripts for direct insight into the company's quarterly performance and strategic outlook.
The 16 Wall Street analysts covering Illinois Tool Works Inc. have a median 12-month price target of $300, with estimates ranging from $249 to $350. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 16 analysts covering Illinois Tool Works Inc., 2 rate it a Buy, 10 a Hold and 4 a Sell. Ticker Nerd's systematic factor model ranks Illinois Tool Works Inc. 74 out of 100 across roughly 4,600 US stocks as at 6 Aug 2026. None of this is personal advice — it does not consider your circumstances.
As at 6 Aug 2026, Illinois Tool Works Inc. ranks 74 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Volatility (99 of 100).
No one can know that. What the data says: the median 12-month target from 16 analysts implies +1.8% from the last close, and Ticker Nerd's factor model ranks Illinois Tool Works Inc. 74 out of 100 as at 6 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering Illinois Tool Works Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for ITW are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $249 to $350 over the next 12 months.
Illinois Tool Works Inc. returned +17.3% over the 12 months to 6 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.
Illinois Tool Works Inc. is a diversified industrial manufacturing company that develops specialized equipment, consumables, and related service solutions for a wide range of end markets.
The most recent item we track (GlobeNewsWire, 7 Aug 2026): "ITW Announces 7% Dividend Increase and $6 Billion Share Repurchase Program". ITW's Board of Directors approved a 7% increase in the annual cash dividend from $6.44 to $6.88 per share, effective with the fourth-quarter dividend of $1.72 payable on October 9, 2026.
Illinois Tool Works Inc. is a diversified industrial manufacturing company that develops specialized equipment, consumables, and related service solutions for a wide range of end markets. The company operates through seven segments: Automotive OEM, Food Equipment, Test and Measurement and Electronics, Welding, Polymers and Fluids, Construction Products, and Specialty Products. Its offerings span components and fasteners for vehicles, commercial kitchen equipment, testing and inspection systems, welding equipment and consumables, industrial adhesives and fluids, construction fastening systems, and packaging, coding, and appliance components. Illinois Tool Works Inc. serves industrial, commercial, and institutional customers globally, providing highly engineered, application-specific products that are integrated into customers’ production processes and infrastructure. Founded in 1912 and headquartered in Glenview, Illinois, the company plays a significant role in the industrials sector by supplying essential tools, systems, and consumables that support manufacturing efficiency, maintenance, and operations across multiple industries worldwide.
CEO Mr. Christopher A. O'Herlihy · 43,000 employees · United States · https://www.itw.com