Envestnet Portfolio Solutions Inc. Buys 80,284 Shares of Illinois Tool Works Inc. $ITW

23 Sep 2026, 23:07 by Kim Johansen · The Markets Daily

Envestnet Portfolio Solutions Inc. increased its stake in shares of Illinois Tool Works Inc. (NYSE:ITW – Free Report) by 4,323.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 82,141 shares of the industrial products company’s stock after buying an additional 80,284 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Illinois Tool Works were worth $22,217,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Winnow Wealth LLC lifted its position in Illinois Tool Works by 1.0% during the fourth quarter. Winnow Wealth LLC now owns 3,809 shares of the industrial products company’s stock worth $941,000 after acquiring an additional 37 shares during the last quarter. Crown Wealth Group LLC grew its position in shares of Illinois Tool Works by 4.0% in the first quarter. Crown Wealth Group LLC now owns 953 shares of the industrial products company’s stock valued at $248,000 after purchasing an additional 37 shares during the last quarter. Argos Wealth Advisors LLC increased its stake in shares of Illinois Tool Works by 2.6% during the first quarter. Argos Wealth Advisors LLC now owns 1,526 shares of the industrial products company’s stock worth $397,000 after purchasing an additional 39 shares during the period. CYBER HORNET ETFs LLC lifted its holdings in Illinois Tool Works by 5.4% during the 4th quarter. CYBER HORNET ETFs LLC now owns 778 shares of the industrial products company’s stock worth $192,000 after purchasing an additional 40 shares during the last quarter. Finally, JFS Wealth Advisors LLC boosted its stake in Illinois Tool Works by 21.5% in the 2nd quarter. JFS Wealth Advisors LLC now owns 226 shares of the industrial products company’s stock valued at $61,000 after purchasing an additional 40 shares during the period. Institutional investors and hedge funds own 79.77% of the company’s stock.

Insider Activity at Illinois Tool Works

In other Illinois Tool Works news, Director Ernest Santi sold 41,431 shares of the company’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $287.09, for a total transaction of $11,894,425.79. Following the completion of the sale, the director directly owned 266,288 shares in the company, valued at $76,448,621.92. This represents a 13.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Matteo C. Pigozzo sold 277 shares of the firm’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $289.22, for a total value of $80,113.94. Following the completion of the sale, the chief accounting officer directly owned 3,394 shares in the company, valued at approximately $981,612.68. This represents a 7.55% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.83% of the company’s stock.

Illinois Tool Works Price Performance

Shares of ITW traded up $2.86 during trading hours on Wednesday, hitting $273.33. 1,115,941 shares of the company were exchanged, compared to its average volume of 1,374,168. The company has a market cap of $77.85 billion, a price-to-earnings ratio of 24.78, a P/E/G ratio of 2.86 and a beta of 0.98. Illinois Tool Works Inc. has a fifty-two week low of $238.82 and a fifty-two week high of $303.15. The company has a quick ratio of 0.81, a current ratio of 1.11 and a debt-to-equity ratio of 2.26. The firm’s fifty day moving average is $279.89 and its 200 day moving average is $268.41.

Illinois Tool Works (NYSE:ITW – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $2.84 EPS for the quarter, beating analysts’ consensus estimates of $2.80 by $0.04. The business had revenue of $4.30 billion during the quarter, compared to the consensus estimate of $4.19 billion. Illinois Tool Works had a return on equity of 101.72% and a net margin of 19.39%.Illinois Tool Works’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.58 earnings per share. Illinois Tool Works has set its FY 2026 guidance at 11.350-11.550 EPS. On average, equities analysts anticipate that Illinois Tool Works Inc. will post 11.43 earnings per share for the current fiscal year.

Illinois Tool Works Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Wednesday, September 30th will be issued a dividend of $1.72 per share. This is a boost from Illinois Tool Works’s previous quarterly dividend of $1.61. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $6.88 dividend on an annualized basis and a dividend yield of 2.5%. Illinois Tool Works’s payout ratio is currently 58.39%.

Analyst Ratings Changes

A number of research analysts have commented on ITW shares. UBS Group reaffirmed a “neutral” rating and issued a $300.00 price objective on shares of Illinois Tool Works in a report on Wednesday, July 29th. Truist Financial boosted their target price on shares of Illinois Tool Works from $280.00 to $301.00 and gave the company a “hold” rating in a research report on Thursday, July 2nd. Robert W. Baird upped their price target on shares of Illinois Tool Works from $278.00 to $297.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. Citigroup reaffirmed a “neutral” rating on shares of Illinois Tool Works in a research report on Monday, July 13th. Finally, Weiss Ratings raised shares of Illinois Tool Works from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. Two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average target price of $281.25.

Read Our Latest Analysis on ITW

About Illinois Tool Works

(Free Report)

Illinois Tool Works Inc (NYSE: ITW) is a diversified industrial manufacturer that develops and produces specialized equipment, components, consumables and related solutions for businesses worldwide. Its products are used across industries including automotive, food service, construction, electronics, welding and general manufacturing.