New insider activity at Illinois Tool Works ( (ITW) ) has taken place on March 12, 2025.
In recent transactions involving Illinois Tool Works stock, VP & CFO Michael M. Larsen sold 41,472 shares, amounting to $11,249,470. Meanwhile, President & CEO Christopher O’Herlihy sold 48,453 shares, totaling $13,293,770.
Recent Updates on ITW stock
In the last 24 hours, Illinois Tool Works (ITW) experienced significant analyst activity. Deutsche Bank upgraded the stock from Sell to Hold, citing that the company’s previous premium multiple concerns have been addressed, as ITW now trades in line with peer averages. This upgrade follows a period of underperformance due to below-average organic growth and plateauing margins. Meanwhile, Barclays and Truist both lowered their price targets for ITW, reflecting conservative guidance and mixed financial results. Despite these challenges, ITW has demonstrated strong margins amid a decline in revenue, which has been a focal point in recent assessments.
More about Illinois Tool Works
YTD Price Performance: 7.06%
Average Trading Volume: 1,034,187
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $78.56B
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