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$249.94
At close: May 20 EDT
$249.94
0.000.00%
Pre-Market: 4:06 PM EDT
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Illinois Tool Works Analyst Ratings and Price Targets | NYSE:ITW | Benzinga
Illinois Tool Works Inc has a consensus price target of $249.17 based on the ratings of 18 analysts. The high is $295 issued by JP Morgan on February 3, 2025. The low is $181 issued by Deutsche Bank on April 12, 2023. The 3 most-recent analyst ratings were released by Evercore ISI Group, Stifel, and Barclays on May 19, 2025, May 1, 2025, and May 1, 2025, respectively. With an average price target of $239.67 between Evercore ISI Group, Stifel, and Barclays, there's an implied -4.11% downside for Illinois Tool Works Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Evercore ISI Group
Stifel
Barclays
Truist Securities
Baird
1calculated from analyst ratings
Analyst Ratings for Illinois Tool Works
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/19/2025 | Buy Now | -0.38% | Evercore ISI Group | David Raso69% | $252 → $249 | Maintains | Underperform | Get Alert |
| 05/01/2025 | Buy Now | -6.78% | Stifel | Nathan Jones79% | $227 → $233 | Maintains | Hold | Get Alert |
| 05/01/2025 | Buy Now | -5.18% | Barclays | Julian Mitchell75% | $240 → $237 | Maintains | Equal-Weight | Get Alert |
| 05/01/2025 | Buy Now | 13.63% | Truist Securities | Jamie Cook71% | $302 → $284 | Maintains | Buy | Get Alert |
| 05/01/2025 | Buy Now | -2.38% | Baird | Mig Dobre49% | $239 → $244 | Maintains | Neutral | Get Alert |
| 04/14/2025 | Buy Now | 1.22% | Citigroup | Andrew Kaplowitz84% | $265 → $253 | Maintains | Neutral | Get Alert |
| 04/14/2025 | Buy Now | -9.18% | Stifel | Nathan Jones79% | $259 → $227 | Maintains | Hold | Get Alert |
| 04/10/2025 | Buy Now | -3.98% | Barclays | Julian Mitchell75% | $252 → $240 | Maintains | Equal-Weight | Get Alert |
| 04/07/2025 | Buy Now | -6.38% | UBS | Steven Fisher74% | $269 → $234 | Maintains | Neutral | Get Alert |
| 03/26/2025 | Buy Now | 0.82% | Barclays | Julian Mitchell75% | $260 → $252 | Maintains | Equal-Weight | Get Alert |
| 03/10/2025 | Buy Now | 4.02% | Barclays | Julian Mitchell75% | $262 → $260 | Maintains | Equal-Weight | Get Alert |
| 02/19/2025 | Buy Now | 0.82% | Evercore ISI Group | David Raso69% | $255 → $252 | Maintains | Underperform | Get Alert |
| 02/07/2025 | Buy Now | 4.83% | Barclays | Julian Mitchell75% | $265 → $262 | Maintains | Equal-Weight | Get Alert |
| 02/06/2025 | Buy Now | 3.62% | Stifel | Nathan Jones79% | $266 → $259 | Maintains | Hold | Get Alert |
| 02/06/2025 | Buy Now | -1.98% | Wells Fargo | Joseph O'Dea60% | $250 → $245 | Maintains | Underweight | Get Alert |
| 02/03/2025 | Buy Now | 18.03% | JP Morgan | Tami Zakaria70% | $300 → $295 | Maintains | Overweight | Get Alert |
| 01/24/2025 | Buy Now | 6.43% | Stifel | Nathan Jones79% | $268 → $266 | Maintains | Hold | Get Alert |
| 01/13/2025 | Buy Now | 6.03% | Citigroup | Andrew Kaplowitz84% | $279 → $265 | Maintains | Neutral | Get Alert |
| 01/08/2025 | Buy Now | 6.03% | Barclays | Julian Mitchell75% | $270 → $265 | Maintains | Equal-Weight | Get Alert |
| 01/07/2025 | Buy Now | 0.02% | Wells Fargo | Joseph O'Dea60% | $260 → $250 | Maintains | Underweight | Get Alert |
| 12/19/2024 | Buy Now | 27.23% | Truist Securities | Jamie Cook71% | $312 → $318 | Maintains | Buy | Get Alert |
| 12/11/2024 | Buy Now | 7.23% | Stifel | Nathan Jones79% | $262 → $268 | Maintains | Hold | Get Alert |
| 12/09/2024 | Buy Now | 11.63% | Citigroup | Andrew Kaplowitz84% | $266 → $279 | Maintains | Neutral | Get Alert |
| 12/06/2024 | Buy Now | 16.03% | Jefferies | Stephen Volkmann70% | $255 → $290 | Maintains | Hold | Get Alert |
| 12/05/2024 | Buy Now | 8.03% | Barclays | Julian Mitchell75% | $230 → $270 | Upgrade | Underweight → Equal-Weight | Get Alert |
| 11/13/2024 | Buy Now | 2.02% | Evercore ISI Group | David Raso69% | $246 → $255 | Downgrade | In-Line → Underperform | Get Alert |
| 11/01/2024 | Buy Now | -7.98% | Barclays | Julian Mitchell75% | $215 → $230 | Maintains | Underweight | Get Alert |
| 10/31/2024 | Buy Now | 0.02% | Baird | Mig Dobre49% | $240 → $250 | Maintains | Neutral | Get Alert |
| 10/16/2024 | Buy Now | 4.83% | Stifel | Nathan Jones79% | $260 → $262 | Maintains | Hold | Get Alert |
| 10/09/2024 | Buy Now | 24.83% | Truist Securities | Jamie Cook71% | $281 → $312 | Maintains | Buy | Get Alert |
| 10/07/2024 | Buy Now | 0.02% | Wells Fargo | Joseph O'Dea60% | $236 → $250 | Maintains | Underweight | Get Alert |
| 08/19/2024 | Buy Now | -1.58% | Evercore ISI Group | — | $251 → $246 | Maintains | In-Line | Get Alert |
| 07/31/2024 | Buy Now | -13.98% | Barclays | Julian Mitchell75% | $217 → $215 | Maintains | Underweight | Get Alert |
| 07/31/2024 | Buy Now | 8.03% | JP Morgan | Tami Zakaria70% | $267 → $270 | Maintains | Overweight | Get Alert |
| 07/31/2024 | Buy Now | -5.58% | Wells Fargo | Joseph O'Dea60% | $230 → $236 | Maintains | Underweight | Get Alert |
| 07/31/2024 | Buy Now | 4.02% | Stifel | Nathan Jones79% | $268 → $260 | Maintains | Hold | Get Alert |
| 07/31/2024 | Buy Now | 12.43% | Truist Securities | Jamie Cook71% | $283 → $281 | Maintains | Buy | Get Alert |
| 07/25/2024 | Buy Now | 6.83% | JP Morgan | Tami Zakaria70% | $275 → $267 | Maintains | Overweight | Get Alert |
| 07/18/2024 | Buy Now | 7.23% | Stifel | Nathan Jones79% | $259 → $268 | Maintains | Hold | Get Alert |
| 07/11/2024 | Buy Now | -3.98% | Jefferies | Stephen Volkmann70% | $275 → $240 | Maintains | Hold | Get Alert |
| 07/10/2024 | Buy Now | -7.98% | Wells Fargo | Joseph O'Dea60% | $244 → $230 | Maintains | Underweight | Get Alert |
| 07/02/2024 | Buy Now | 13.23% | Truist Securities | Jamie Cook71% | $305 → $283 | Maintains | Buy | Get Alert |
| 06/04/2024 | Buy Now | -13.18% | Barclays | Julian Mitchell75% | $229 → $217 | Maintains | Underweight | Get Alert |
| 05/02/2024 | Buy Now | -8.38% | Barclays | Julian Mitchell75% | $230 → $229 | Maintains | Underweight | Get Alert |
| 05/01/2024 | Buy Now | -2.38% | Wells Fargo | Joseph O'Dea60% | $255 → $244 | Maintains | Underweight | Get Alert |
| 05/01/2024 | Buy Now | 22.03% | Truist Securities | Jamie Cook71% | $303 → $305 | Maintains | Buy | Get Alert |
| 04/17/2024 | Buy Now | 3.62% | Stifel | Nathan Jones79% | $258 → $259 | Maintains | Hold | Get Alert |
| 04/08/2024 | Buy Now | 7.63% | Citigroup | Andrew Kaplowitz84% | $258 → $269 | Maintains | Neutral | Get Alert |
| 04/02/2024 | Buy Now | -7.98% | Barclays | Julian Mitchell75% | $224 → $230 | Maintains | Underweight | Get Alert |
| 03/14/2024 | Buy Now | 21.23% | Truist Securities | Jamie Cook71% | → $303 | Initiates | → Buy | Get Alert |
| 02/06/2024 | Buy Now | -3.98% | Wells Fargo | Joseph O'Dea60% | $277 → $240 | Downgrade | Equal-Weight → Underweight | Get Alert |
| 02/05/2024 | Buy Now | -10.38% | Barclays | Julian Mitchell75% | $215 → $224 | Maintains | Underweight | Get Alert |
| 01/23/2024 | Buy Now | -4.38% | Stifel | Nathan Jones79% | $238 → $239 | Maintains | Hold | Get Alert |
| 01/10/2024 | Buy Now | -5.98% | B of A Securities | Andrew Obin72% | $260 → $235 | Downgrade | Neutral → Underperform | Get Alert |
| 12/19/2023 | Buy Now | -4.78% | Stifel | Nathan Jones79% | $236 → $238 | Maintains | Hold | Get Alert |
| 12/19/2023 | Buy Now | 10.83% | Wells Fargo | Joe O'Dea64% | $220 → $277 | Maintains | Equal-Weight | Get Alert |
| 12/11/2023 | Buy Now | 2.42% | Citigroup | Andrew Kaplowitz84% | $244 → $256 | Maintains | Neutral | Get Alert |
| 10/16/2023 | Buy Now | 2.02% | JP Morgan | Tami Zakaria70% | $265 → $255 | Maintains | Overweight | Get Alert |
| 08/03/2023 | Buy Now | -7.18% | Morgan Stanley | Joshua Pokrzywinski73% | $230 → $232 | Maintains | Underweight | Get Alert |
| 08/02/2023 | Buy Now | 3.22% | Citigroup | Andrew Kaplowitz84% | $256 → $258 | Maintains | Neutral | Get Alert |
| 08/02/2023 | Buy Now | 16.83% | Credit Suisse | Jamie Cook71% | $281 → $292 | Maintains | Outperform | Get Alert |
| 07/19/2023 | Buy Now | 0.02% | Stifel | Nathan Jones79% | $236 → $250 | Maintains | Hold | Get Alert |
| 07/17/2023 | Buy Now | -7.98% | Morgan Stanley | Joshua Pokrzywinski73% | $230 → $230 | Reiterates | Underweight → Underweight | Get Alert |
| 07/12/2023 | Buy Now | -7.98% | Morgan Stanley | Joshua Pokrzywinski73% | $211 → $230 | Maintains | Underweight | Get Alert |
| 07/10/2023 | Buy Now | -3.98% | Wells Fargo | Joe O'Dea64% | $235 → $240 | Maintains | Equal-Weight | Get Alert |
| 07/10/2023 | Buy Now | -15.98% | Barclays | Julian Mitchell75% | $203 → $210 | Maintains | Underweight | Get Alert |
| 05/08/2023 | Buy Now | -5.98% | Wells Fargo | Joe O'Dea64% | $227 → $235 | Maintains | Equal-Weight | Get Alert |
| 05/03/2023 | Buy Now | 2.42% | Citigroup | Andrew Kaplowitz84% | $255 → $256 | Maintains | Neutral | Get Alert |
| 05/03/2023 | Buy Now | -5.58% | Stifel | Nathan Jones79% | $240 → $236 | Maintains | Hold | Get Alert |
| 05/03/2023 | Buy Now | -15.58% | Morgan Stanley | Joshua Pokrzywinski73% | $223 → $211 | Maintains | Underweight | Get Alert |
| 05/03/2023 | Buy Now | 12.43% | Credit Suisse | Jamie Cook71% | $282 → $281 | Maintains | Outperform | Get Alert |
| 05/03/2023 | Buy Now | -18.78% | Barclays | Julian Mitchell75% | $205 → $203 | Maintains | Underweight | Get Alert |
| 04/18/2023 | Buy Now | 6.03% | JP Morgan | Tami Zakaria70% | $275 → $265 | Maintains | Overweight | Get Alert |
| 04/17/2023 | Buy Now | -3.98% | Stifel | Nathan Jones79% | $241 → $240 | Maintains | Hold | Get Alert |
| 04/13/2023 | Buy Now | -9.18% | Wells Fargo | Joseph O'Dea60% | $250 → $227 | Maintains | Equal-Weight | Get Alert |
| 04/12/2023 | Buy Now | -27.58% | Deutsche Bank | Nicole Deblase80% | $183 → $181 | Maintains | Sell | Get Alert |
| 04/06/2023 | Buy Now | -17.98% | Barclays | Julian Mitchell75% | $211 → $205 | Maintains | Underweight | Get Alert |
| 02/09/2023 | Buy Now | -1.98% | UBS | Steven Fisher74% | $213 → $245 | Maintains | Neutral | Get Alert |
| 02/07/2023 | Buy Now | -10.78% | Morgan Stanley | Joshua Pokrzywinski73% | $174 → $223 | Maintains | Underweight | Get Alert |
| 02/03/2023 | Buy Now | 12.83% | Credit Suisse | Jamie Cook71% | $259 → $282 | Maintains | Outperform | Get Alert |
| 02/03/2023 | Buy Now | 2.02% | Citigroup | Andrew Kaplowitz84% | $232 → $255 | Maintains | Neutral | Get Alert |
| 01/24/2023 | Buy Now | -11.18% | Baird | Mig Dobre49% | $200 → $222 | Maintains | Neutral | Get Alert |
| 01/19/2023 | Buy Now | -11.98% | Wells Fargo | Joe O'Dea64% | $210 → $220 | Maintains | Equal-Weight | Get Alert |
| 01/06/2023 | Buy Now | -30.38% | Morgan Stanley | Joshua Pokrzywinski73% | $172 → $174 | Maintains | Underweight | Get Alert |
| 01/05/2023 | Buy Now | -15.98% | Wells Fargo | Joe O'Dea64% | $187 → $210 | Maintains | Equal-Weight | Get Alert |
| 01/05/2023 | Buy Now | -26.38% | Barclays | Julian Mitchell75% | $172 → $184 | Maintains | Underweight | Get Alert |
| 01/03/2023 | Buy Now | -11.98% | Vertical Research | Jeffrey Sprague78% | $240 → $220 | Downgrade | Buy → Hold | Get Alert |
| 12/15/2022 | Buy Now | -4.78% | Goldman Sachs | Joe Ritchie75% | $210 → $238 | Maintains | Neutral | Get Alert |
| 12/09/2022 | Buy Now | -7.18% | Citigroup | Andrew Kaplowitz84% | $202 → $232 | Maintains | Neutral | Get Alert |
| 10/27/2022 | Buy Now | -31.18% | Morgan Stanley | Joshua Pokrzywinski73% | $165 → $172 | Maintains | Underweight | Get Alert |
| 10/26/2022 | Buy Now | -2.78% | Credit Suisse | Jamie Cook71% | $229 → $243 | Maintains | Outperform | Get Alert |
| 10/13/2022 | Buy Now | -33.98% | Deutsche Bank | Nicole Deblase80% | $188 → $165 | Maintains | Sell | Get Alert |
| 10/12/2022 | Buy Now | -33.98% | Morgan Stanley | Joshua Pokrzywinski73% | $191 → $165 | Maintains | Underweight | Get Alert |
| 10/11/2022 | Buy Now | -24.78% | Stifel | Nathan Jones79% | $192 → $188 | Maintains | Hold | Get Alert |
| 10/03/2022 | Buy Now | -31.18% | Barclays | Julian Mitchell75% | $179 → $172 | Maintains | Underweight | Get Alert |
| 08/24/2022 | Buy Now | -11.98% | B of A Securities | Andrew Obin72% | → $220 | Reinstates | → Neutral | Get Alert |
| 08/15/2022 | Buy Now | -24.78% | Deutsche Bank | Nicole Deblase80% | → $188 | Downgrade | Hold → Sell | Get Alert |
| 08/03/2022 | Buy Now | -23.58% | Morgan Stanley | Joshua Pokrzywinski73% | $182 → $191 | Maintains | Underweight | Get Alert |
| 08/03/2022 | Buy Now | -8.38% | Credit Suisse | Jamie Cook71% | $225 → $229 | Maintains | Outperform | Get Alert |
| 08/03/2022 | Buy Now | -25.18% | Wells Fargo | Joseph O'Dea60% | $180 → $187 | Maintains | Equal-Weight | Get Alert |
FAQ
What is the target price for Illinois Tool Works (ITW) stock?
The latest price target for Illinois Tool Works (NYSE:ITW) was reported by Evercore ISI Group on May 19, 2025. The analyst firm set a price target for $249.00 expecting ITW to fall to within 12 months (a possible -0.38% downside). 43 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Illinois Tool Works (ITW)?
The latest analyst rating for Illinois Tool Works (NYSE:ITW) was provided by Evercore ISI Group, and Illinois Tool Works maintained their underperform rating.
When was the last upgrade for Illinois Tool Works (ITW)?
The last upgrade for Illinois Tool Works Inc happened on December 5, 2024 when Barclays raised their price target to $270. Barclays previously had an underweight for Illinois Tool Works Inc.
When was the last downgrade for Illinois Tool Works (ITW)?
The last downgrade for Illinois Tool Works Inc happened on November 13, 2024 when Evercore ISI Group changed their price target from $246 to $255 for Illinois Tool Works Inc.
When is the next analyst rating going to be posted or updated for Illinois Tool Works (ITW)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Illinois Tool Works, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Illinois Tool Works was filed on May 19, 2025 so you should expect the next rating to be made available sometime around May 19, 2026.
Is the Analyst Rating Illinois Tool Works (ITW) correct?
While ratings are subjective and will change, the latest Illinois Tool Works (ITW) rating was a maintained with a price target of $252.00 to $249.00. The current price Illinois Tool Works (ITW) is trading at is $249.94, which is out of the analyst’s predicted range.
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