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ITW

ILLINOIS TOOL WORKS INC

At today's price, ILLINOIS TOOL WORKS INC (ITW) is priced for +13.4% growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
+13.4% growth
Priced In
within-range

Key Takeaways

• Illinois Tool Works is a seven-segment industrial built on a distinctive operating model the company calls the ⟦"80/20 Front-to-Back process,"⟧ which it uses to focus each business on its most important customers and products and to run unusually high margins. • At $264.04 no valuation family reaches the price: the stock is rich on assets, earnings power, peer multiples, and even forward growth, so the price embeds a large premium for quality and durability. • First-quarter 2026 results showed

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Institutional ownership

1,891 institutional managers reported holding ITW in 13F filings for the quarter ended 2026-03-31. Together they hold about 83% of the company; the top 10 hold 50%. 144 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 9.5M shares were sold short as of the 2026-06-15 count, about 3% of shares outstanding (7.5 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

ITW has cut its share count 8.7% over the past five years, spending $7.13B on repurchases. It pays a dividend, and has paid one every year in our records (18 and counting), raised 12 years straight; the current rate is $6.22 a share annually. Cash returned over the past three years: $4.76B in dividends and $4.13B in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at ITW over the trailing three years: 2023: 1 buy totaling $242k; 2024: 2 buys totaling $360k; 2025: 2 buys totaling $1.89M; 2026: 1 buy totaling $200k. 24 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

ITW's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-05-5.0%-4.7%
2023-10-25+1.6%+16.7%
2024-02-10-1.9%-0.9%
2024-05-03-2.8%-4.4%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

ITW's latest 8-K filings: 2026-05-22 (items 5.02); 2026-05-12 (items 5.07); 2026-04-30 (items 2.02, 9.01); 2026-02-23 (items 1.01, 1.02, 2.03, 9.01); 2026-02-03 (items 2.02, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

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Last analyzed: June 27, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.