Illinois Tool Works Inc
ILLINOIS TOOL WORKS INC is classified under Industrials / Industrial Machinery & Equipment and appears not currently profitable on the latest normalized snapshot.
Business. Illinois Tool Works Inc. (NYSE: ITW) is a consumer goods conglomerate that operates within the Consumer Staples sector. The company generates revenue primarily through the sale of products. Specific details regarding its operating segments and geographic mix are not provided in the available data. The firm is headquartered in the United States and is listed on the New York Stock Exchange.
Analyst recommendations
17 analysts · consensus HoldAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
- Congressional trades
- CongressShelley M Capito — Illinois Tool Works Inc. Common Stock2026-02-24 · Republican · WV · Sale · $1,001 - $15,000
- CongressLisa McClain — Illinois Tool Works Inc. Common2025-10-31 · Republican · MI · Sale · $1,001 - $15,000
- CongressLisa McClain — Illinois Tool Works Inc. Common2025-10-30 · Republican · MI · Sale · $1,001 - $15,000
- CongressLisa McClain — Illinois Tool Works Inc. Common2025-10-30 · Republican · MI · Purchase · $1,001 - $15,000
- CongressLisa McClain — Illinois Tool Works Inc. Common2025-06-17 · Republican · MI · Purchase · $1,001 - $15,000
- CongressScott Scott Franklin — Illinois Tool Works Inc. Common2024-09-25 · Republican · FL · Purchase · $1,001 - $15,000
Pre-earnings brief
Illinois Tool Works Inc (ITW) has recorded significant volatility in its institutional ownership structure, marked by major holder changes detected throughout July 2026. These shifts involve substantial adjustments in share counts for specific investors, including investor ID 931 and investor ID 587, with positions swinging between holdings of approximately 6,396 shares and over 202,000 shares for the former, and from nearly 940,000 shares down to 2,911 shares for the latter. These modifications, flagged with major severity, reflect dynamic reallocations within the company’s top 38 holders during the period ending March 31, 2026. The magnitude of these changes is notable given the context of ITW’s broader corporate profile. The company maintains a lean executive team with seven officers and holds membership in one major index, suggesting a stable operational framework despite the turbulence in its shareholder base. With no analyst coverage currently tracking the stock, these holder movements represent some of the most visible external signals regarding market sentiment and institutional positioning for the ticker. The specific nature of the holder changes indicates a rapid rotation of capital. Investor ID 931, for instance, saw its position fluctuate significantly, moving from a weight of 0.0008% to 0.025% and back again, while Investor ID 587 drastically reduced its stake from a 14.1% weight to just 0.0004%. These adjustments, detected between July 2 and July 12, 2026, highlight a period of intense rebalancing among key stakeholders, potentially signaling divergent views on the company’s near-term prospects or portfolio adjustments unrelated to fundamental performance. This analysis represents the first comprehensive review for ITW, meaning there is no prior baseline for computing deltas in these metrics. Consequently, the observed holder changes provide the initial snapshot of institutional behavior for the company. As ITW continues to operate with its current officer count and index status, these early signals of holder volatility will be critical for understanding how institutional investors are positioning themselves relative to the firm’s established market presence.
Signals & dispatch
Composite-score breakdown
Synthesis
Illinois Tool Works Inc. (NYSE: ITW) is a consumer goods conglomerate that operates within the Consumer Staples sector. The company generates revenue primarily through the sale of products. Specific details regarding its operating segments and geographic mix are not provided in the available data. The firm is headquartered in the United States and is listed on the New York Stock Exchange.
ILLINOIS TOOL WORKS INC (ITW) is currently classified as Industrial Machinery within Industrial Machinery & Equipment (Industrials). Classification confidence: 0.97 (rule-based classification). Capital structure on the latest snapshot: total assets 16,264,000,000 USD, total equity 3,230,000,000, short-term debt 999,000,000, long-term debt 6,603,000,000. Net cash position is approximately -6,775,000,000 USD. Self-calculated market cap is 74,250,998,500 USD (market_price × shares_outstanding_diluted). Profitability profile: revenue 4,016,000,000, gross profit 0, operating income 1,020,000,000, net income 0. Risk profile from automated assessment: liquidity risk high, dilution risk medium. Flags: Current ratio is close to the minimum comfort range.; Net cash is negative after subtracting total debt.; Source documents mention dilution or offering risk.. Recent news context: [TRIGGER] allocator_boost: allocator_boost (allocator) on ITW — watcher=allocator; producer_version=ws49-p2a-v2; plan_date=2026-07-28; rank=27; ev=9.356709; company_id=f838cc59-ea2b-4636-8977-66089a1eb7f5; jurisdiction=US; term_contributions={'event_proximity': 3.0, 'gradability': 2.0, 'staleness': 3.663562, 'credibility_interest': 0.693147}; days_since_analysis=38; pending_promises=1; reason=Allocator coverage boost rank #27 EV=9.356709 for ITW (hot+stale; days_since=38); contributing_watchers=allocator (source=allocator; url=allocator:2026-07-28:ITW). Additional context: allocator_boost: watcher=allocator; producer_version=ws49-p2a-v2; plan_date=2026-07-28; rank=27; ev=9.356709; company_id=f838cc59-ea2b-4636-8977-66089a1eb7f5; jurisdiction=US; term_contributions={'event_proximity': 3.0, 'gradability': 2.0, 'staleness': 3.663562, 'credibility_interest': 0.693147}; days_since_analysis=38; pending_promises=1; reason=Allocator coverage boost rank #27 EV=9.356709 for ITW (hot+stale; days_since=38); contributing_watchers=allocator.
Illinois Tool Works Inc (ITW) has recorded significant volatility in its institutional ownership structure, marked by major holder changes detected throughout July 2026. These shifts involve substantial adjustments in share counts for specific investors, including investor ID 931 and investor ID 587, with positions swinging between holdings of approximately 6,396 shares and over 202,000 shares for the former, and from nearly 940,000 shares down to 2,911 shares for the latter. These modifications, flagged with major severity, reflect dynamic reallocations within the company’s top 38 holders during the period ending March 31, 2026. The magnitude of these changes is notable given the context of ITW’s broader corporate profile. The company maintains a lean executive team with seven officers and holds membership in one major index, suggesting a stable operational framework despite the turbulence in its shareholder base. With no analyst coverage currently tracking the stock, these holder movements represent some of the most visible external signals regarding market sentiment and institutional positioning for the ticker. The specific nature of the holder changes indicates a rapid rotation of capital. Investor ID 931, for instance, saw its position fluctuate significantly, moving from a weight of 0.0008% to 0.025% and back again, while Investor ID 587 drastically reduced its stake from a 14.1% weight to just 0.0004%. These adjustments, detected between July 2 and July 12, 2026, highlight a period of intense rebalancing among key stakeholders, potentially signaling divergent views on the company’s near-term prospects or portfolio adjustments unrelated to fundamental performance. This analysis represents the first comprehensive review for ITW, meaning there is no prior baseline for computing deltas in these metrics. Consequently, the observed holder changes provide the initial snapshot of institutional behavior for the company. As ITW continues to operate with its current officer count and index status, these early signals of holder volatility will be critical for understanding how institutional investors are positioning themselves relative to the firm’s established market presence.
- Debt to equity is about 2.35x.
- [TRIGGER] allocator_boost: allocator_boost (allocator) on ITW — watcher=allocator; producer_version=ws49-p2a-v2; plan_date=2026-07-28; rank=27; ev=9.356709; company_id=f838cc59-ea2b-4636-8977-66089a1eb7f5; jurisdiction=US; term_contributions={'event_proximity': 3.0, 'gradability': 2.0, 'staleness': 3.663562, 'credibility_interest': 0.693147}; days_since_analysis=38; pending_promises=1; reason=Allocator coverage boost rank #27 EV=9.356709 for ITW (hot+stale; days_since=38); contributing_watchers=allocator (source=allocator; url=allocator:2026-07-28:ITW)
- Companyfacts coverage was partial; recent filing facts backfilled short_term_debt.
- and Subsidiaries Statement of Income (Unaudited) Three Months Ended March 31, In millions except per share amounts 2026 2025 Operating Revenue $ 4,016 $ 3,839 Cost of revenue 2,256 2,161 Selling, administrative, and research and development expenses 722 706 Amortization and impairment of intangible assets 18 21 Operating Income 1,020 951 Interest expense ( 73 ) ( 68 ) Other income (expense) 20 12 Income Before Taxes 967 895 Income Taxes 199 195 Net Income $ 768 $ 700 Net Income Per Share: Basic $ 2.66 $ 2.39 Diluted $ 2.66 $ 2.38 Shares of Common Stock Outstanding During the Period: Average 288.3 293.6 Average assuming dilution 289.1 294.5 The Notes to Financial Statements are an integral part of this statement.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Revenue $4.02B; Operating income $1.02B.
- ▍Revenue $4.02B
- ▍Operating income $1.02B
- ▍Operating margin 25.4%
Revenue $11.95B; Operating income $3.13B.
- ▍Revenue $11.95B
- ▍Operating income $3.13B
- ▍Operating margin 26.2%
Revenue $7.89B; Operating income $2.02B.
- ▍Revenue $7.89B
- ▍Operating income $2.02B
- ▍Operating margin 25.6%
Revenue $16.04B; Operating income $4.22B.
- ▍Revenue $16.04B
- ▍Operating income $4.22B
- ▍Operating margin 26.3%
Revenue $15.90B; Operating income $4.26B.
- ▍Revenue $15.90B
- ▍Operating income $4.26B
- ▍Operating margin 26.8%
Revenue $15.90B; Operating income $4.26B.
- ▍Revenue $15.90B
- ▍Operating income $4.26B
- ▍Operating margin 26.8%
Revenue $16.11B; Operating income $4.04B.
- ▍Revenue $16.11B
- ▍Operating income $4.04B
- ▍Operating margin 25.1%
Revenue $16.11B; Operating income $4.04B.
- ▍Revenue $16.11B
- ▍Operating income $4.04B
- ▍Operating margin 25.1%
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 11,30 |
| Revenue | —no estimate | —no estimate | 16,6B USD |
| Operating income | —no estimate | —no estimate | 4,5B USD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Current ratio is close to the minimum comfort range.
- Net cash is negative after subtracting total debt.
- Source documents mention dilution or offering risk.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- SVP & CFO · Employee Stock Option → Common StockAcquired 27 830 @ $299,60grant · 2026-02-13
- Executive Vice President · Employee Stock Option → Common StockAcquired 10 120 @ $299,60grant · 2026-02-13
- Executive Vice President · Employee Stock Option → Common StockAcquired 10 120 @ $299,60grant · 2026-02-13
- VP & Chief Accounting Officer · Employee Stock Option → Common StockAcquired 3 225 @ $299,60grant · 2026-02-13
- Executive Vice President · Employee Stock Option → Common StockAcquired 6 957 @ $299,60grant · 2026-02-13
- Executive Vice President · Employee Stock Option → Common StockAcquired 10 120 @ $299,60grant · 2026-02-13
- Executive Vice President · Employee Stock Option → Common StockAcquired 10 120 @ $299,60grant · 2026-02-13
- Executive Vice President · Employee Stock Option → Common StockAcquired 10 436 @ $299,60grant · 2026-02-13
- SVP & Chief HR Officer · Employee Stock Option → Common StockAcquired 12 333 @ $299,60grant · 2026-02-13
- Executive Vice President · Employee Stock Option → Common StockAcquired 8 538 @ $299,60grant · 2026-02-13
- Executive Vice President · Performance Share Units (granted 2/10/23) → Common StockDisposed 1 883exercise · 2026-02-12
- Executive Vice President · Performance Share Units (granted 2/10/23) → Common StockDisposed 598exercise · 2026-02-12
- SVP & CFO · Performance Share Units (granted 2/10/23) → Common StockDisposed 6 424exercise · 2026-02-12
- SVP & Chief HR Officer · Performance Share Units (granted 2/10/23) → Common StockDisposed 2 740exercise · 2026-02-12
- Executive Vice President · Performance Share Units (granted 2/10/23) → Common StockDisposed 1 883exercise · 2026-02-12
- Executive Vice President · Performance Share Units (granted 2/10/23) → Common StockDisposed 1 883exercise · 2026-02-12
- Executive Vice President · Performance Share Units (granted 2/10/23) → Common StockDisposed 2 398exercise · 2026-02-12
- Director · Performance Share Units (granted 2/10/23) → Common StockDisposed 9 572exercise · 2026-02-12
- Executive Vice President · Performance Share Units (granted 2/10/23) → Common StockDisposed 469exercise · 2026-02-12
- VP & Chief Accounting Officer · Performance Share Units (granted 2/10/23) → Common StockDisposed 803exercise · 2026-02-12
- Executive Vice President · Performance Share Units (granted 2/10/23) → Common StockDisposed 2 098exercise · 2026-02-12
Actions
Ask Handelsavisen
- Market data
- Regulatory filings
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Enterprise Valuemarket_cap - net_cash
- Ev To Revenueenterprise_value / revenue
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Capex To Revenuecapital_expenditure / revenue
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- ILLINOIS TOOL WORKS INC company facts · 2026-07-28
- ILLINOIS TOOL WORKS INC 10-Q 2026-05-07 · 2026-07-28
- ILLINOIS TOOL WORKS INC 10-K 2026-02-13 · 2026-07-28
- ILLINOIS TOOL WORKS INC 10-Q 2025-10-24 · 2026-07-28
- ILLINOIS TOOL WORKS INC 10-Q 2025-08-01 · 2026-07-28
- allocator_boost (allocator) on ITW · 2026-07-28
- Illinois Tool Works Inc Market data — analyst estimates · 2026-07-28
- Illinois Tool Works Inc Market data — ESG · 2026-07-28
- Illinois Tool Works Inc — company reference export (2026-07-05) · 2026-07-28
Ownership & reference
Top holders
- Institutional Investor · as of 2022-09-300,46 %$0M
- Investment Managers · as of 2026-03-310,39 %$2 916M
- Investment Managers · as of 2026-03-310,33 %$982M
- Institutional Investor · as of 2026-03-310,29 %$860M
- Brokerage Firms · as of 2026-03-310,24 %$1 206M
- Investment Managers · as of 2026-03-310,19 %$1 239M
- Investment Managers · as of 2026-03-310,19 %$350M
- Institutional Investor · as of 2026-03-310,15 %$663M
- Investment Managers · as of 2026-03-310,14 %$245M
- Investment Managers · as of 2026-03-310,12 %$947M
- Investment Managers · as of 2026-03-310,11 %$3 315M
- Investment Managers · as of 2026-03-310,11 %$1 839M
- Investment Managers · as of 2024-06-300,11 %$4 891M
- Investment Managers · as of 2026-03-310,11 %$532M
- Institutional Investor · as of 2026-03-310,11 %$598M
- Investment Managers · as of 2026-03-310,11 %$713M
- Investment Managers · as of 2025-12-310,10 %$6 622M
- Investment Managers · as of 2026-03-310,09 %$205M
- Investment Managers · as of 2024-12-310,09 %$310M
- Funds · as of 2026-03-310,09 %$566M
- Investment Managers · as of 2026-03-310,08 %$1 407M
- Investment Managers · as of 2026-03-310,07 %$416M
- Brokerage Firms · as of 2026-03-310,06 %$181M
- Investment Managers · as of 2026-03-310,05 %$86M
- Investment Managers · as of 2026-03-310,04 %$157M
- Investment Managers · as of 2026-03-310,04 %$53M
- Investment Managers · as of 2026-03-310,03 %$43M
- Institutional Investor · as of 2026-03-310,03 %$53M
- Investment Managers · as of 2026-03-310,02 %$98M
- Investment Managers · as of 2026-03-310,02 %$65M
- Institutional Investor · as of 2026-03-310,01 %$260M
- Investment Managers · as of 2026-03-310,01 %$22M
- Investment Managers · as of 2026-03-310,01 %$0M
- Institutional Investor · as of 2026-03-310,00 %$10M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$2M
Leadership
- Axel BeckExecutive Vice President
- Chris A. O'HerlihyPresident, Chief Executive Officer, Director
- Javier Gracia CarbonellExecutive Vice President
- Kenneth EscoeExecutive Vice President
- Michael R. ZimmermanExecutive Vice President
- Patricia A. HartzellExecutive Vice President
- Sharon A. SzafranskiExecutive Vice President
Insider activity
- Director · Common StockBought 806 @ $247,99$200K · 2026-06-02
- Director · Common StockOther 765 @ $254,76$195K · 2026-05-08
- Director · Common StockOther 765 @ $254,76$195K · 2026-05-08
- Director · Common StockOther 765 @ $254,76$195K · 2026-05-08
- Director · Common StockOther 765 @ $254,76$195K · 2026-05-08
- Director · Common StockOther 1 883 @ $254,76$480K · 2026-05-08
- Director · Common StockOther 846 @ $254,76$216K · 2026-05-08
- Director · Common StockOther 765 @ $254,76$195K · 2026-05-08
- Director · Common StockOther 917 @ $254,76$234K · 2026-05-08
- Director · Common StockOther 765 @ $254,76$195K · 2026-05-08
- Director · Common StockOther 833 @ $254,76$212K · 2026-05-08
- Director · Common StockOther 765 @ $254,76$195K · 2026-05-08
- Director · Common StockOther 765 @ $254,76$195K · 2026-05-08
- Director · Common StockOther 9 572 · 2026-02-12
- Director · Common StockOther 4 241 @ $298,51$1,3M · 2026-02-12
- Executive Vice President · Common StockOther 2 398 · 2026-02-12
- Executive Vice President · Common StockOther 1 063 @ $298,51$317K · 2026-02-12
- Executive Vice President · Common StockOther 1 883 · 2026-02-12
- Executive Vice President · Common StockOther 568 @ $298,51$170K · 2026-02-12
- Executive Vice President · Common StockOther 1 883 · 2026-02-12
- Executive Vice President · Common StockOther 569 @ $298,51$170K · 2026-02-12
- SVP & Chief HR Officer · Common StockOther 2 740 · 2026-02-12
- SVP & Chief HR Officer · Common StockOther 1 214 @ $298,51$362K · 2026-02-12
- SVP & CFO · Common StockOther 6 424 · 2026-02-12
- SVP & CFO · Common StockOther 2 348 @ $298,51$701K · 2026-02-12
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Total assets (YoY) (2025-12-31 vs 2024-12-31): 7.2%Derived (calculated)
- R&D expense (YoY) (2025-12-31 vs 2024-12-31): 3.4%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): -10.2%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -4.7%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): -10.5%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): -1.1%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): -10.4%Derived (calculated)
- Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): -0.6%Derived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): -4.1%Derived (calculated)
- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): 8.4%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): 0.9%Derived (calculated)
- Current ratio (FY 2025-12-31): 1.21xDerived (calculated)
- Operating income (annual): USD 4.22BSEC XBRL filing
- EPS (basic) (annual): USD-PER-SHARES 11SEC XBRL filing
- Revenue (annual): USD 16.04BSEC XBRL filing
- EPS (diluted) (annual): USD-PER-SHARES 10SEC XBRL filing
- Cash & equivalents (annual): USD 851MSEC XBRL filing
- Total assets (annual): USD 16.15BSEC XBRL filing
- Shares outstanding (annual): 288.6MSEC XBRL filing
- Current assets (annual): USD 6.2BSEC XBRL filing
- Capex (annual): USD 419MSEC XBRL filing
- Current liabilities (annual): USD 5.13BSEC XBRL filing
- Long-term debt (annual): USD 7.68BSEC XBRL filing
- Cost of revenue (annual): USD 7.56BSEC XBRL filing