B of A Securities has upgraded Illinois Tool Works Inc (ITW) to Neutral from Underperform as of November 17, 2025. The current stock price stands at $241.93.
This upgrade underscores a more optimistic outlook on the company's future, potentially driven by improved fundamentals or enhanced confidence in its strategic direction. Illinois Tool Works, headquartered in Glenview, Illinois, manufactures a diverse range of industrial products and equipment across various segments, including Automotive OEM, Food Equipment, and Welding, among others.
As of November 18, 2025, Illinois Tool Works boasts a market capitalization of $70.0 billion, a P/E ratio of 23.15, and an EPS of 10.31. The company has a dividend yield of 266.8%. Upcoming earnings reports are scheduled for April 27, 2026, with an estimated EPS of $2.57 and revenue of $4.0 billion, followed by July 27, 2026, with an estimated EPS of $2.86 and revenue of $4.2 billion.
Analyst ratings and price targets reflect professional opinions based on rigorous research and financial models. While these assessments can provide valuable insights, they are based on assumptions that may not always materialize. Investors should weigh multiple factors, including company fundamentals and industry trends, when making decisions. Analyst views should serve as one of many inputs in the investment process, as ratings can evolve with new information.
This recent upgrade adds to a mixed analyst sentiment, with the consensus rating currently holding at "Hold," according to data from November 1, 2025. In the last 90 days, B of A Securities is among several firms adjusting their ratings on Illinois Tool Works, reflecting the dynamic nature of market assessments.