Illinois Tool Works (ITW) Stock Price, Fundamentals & Analysis

What ITW does

Illinois Tool Works (NYSE: ITW) is a stock in the US Industrials sector, specifically the Specialty Industrial Machinery industry. The company provides industrial products and equipment across North America, Europe, the Middle East, Africa, the Asia Pacific, and South America. It operates through seven segments, including Automotive OEM, Food Equipment, Test & Measurement and Electronics, Welding, Polymers & Fluids, Construction Products, and Specialty Products. ITW is part of the S&P 500.

Key numbers explained

• The current price is 273.42 USD, up +1.09% today.
• The trailing P/E ratio of 24.8 shows how much investors pay per dollar of past earnings; a lower figure can suggest a cheaper valuation relative to earnings.
• The forward P/E ratio of 22 uses expected future earnings and is often compared to the trailing P/E to see if the market expects growth or decline.
• The dividend yield of 2.54% is the annual dividend as a percentage of the share price, representing the cash return to shareholders.
• The ex-dividend date is Sep 30, 2026; buying before this date is typically required to receive the next dividend.
• 58% of earnings are paid out as dividends, indicating the share of profit returned to shareholders.
• The beta of 1 means the stock’s price tends to move in line with the overall market.
• The price-to-book ratio of 26.91 compares the market price to the company’s book value per share.

Recent news

Recent headlines highlight that ITW appears among industrials stocks with impressive fundamentals, while other articles discuss the company’s Q2 earnings in the context of general industrial machinery peers. One headline notes that Illinois Tool exhibits strong prospects despite persisting headwinds, and another focuses on the broader manufacturing landscape at an industry assembly show.

What to watch

Investors typically monitor macroeconomic conditions, industrial demand cycles, and currency movements, which can affect companies like ITW that operate globally. Changes in interest rates, raw material costs, and trade policies are general factors that can influence the Specialty Industrial Machinery sector. Earnings reports, such as the upcoming one on Oct 23, 2026, often drive short-term price movement and can shift analyst views on the sector.