Illinois Tool Works schedules results with a USD 273.42 target for Illinois Tool Works stock

Published on 10/16/2026 at 10:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Illinois Tool Works stock costs EUR 241.80 on October 16, 2026 as second-quarter revenue reached USD 4.30 billion. Margin was 26.70 percent.

Industrial results and market context

Illinois Tool Works set October 27, 2026, for its third-quarter results release.
Second-quarter revenue reached USD 4.30 billion, up 6.10 percent year over year.
Illinois Tool Works stock traded at EUR 241.80 at 10:10 a.m. CEST at Lang & Schwarz on October 16, 2026.
Market capitalization stood at USD 77.2 billion as of October 16, 2026.

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Illinois Tool Works stock was trading at EUR 241.80 at Lang & Schwarz on October 16, 2026, at 10:10 a.m. CEST. GlobeNewswire reported on October 15, 2026, that Illinois Tool Works will release its third-quarter 2026 results on October 27, 2026, at 7:00 a.m. CDT and hold its earnings webcast at 9:00 a.m. CDT.

October 27 results carry the next test

The scheduled release gives investors a defined checkpoint after a strong second quarter. Illinois Tool Works reported revenue of USD 4.30 billion for the second quarter of 2026, an increase of 6.10 percent from the prior-year quarter, according to Zacks on October 3, 2026.

The same report said adjusted earnings per share reached USD 2.84 in the second quarter, above the USD 2.80 consensus estimate. Operating margin was 26.70 percent, up 0.40 percentage points from the year-ago quarter, while operating cash flow reached USD 723.00 million.

What does the guidance imply for earnings?

The second-quarter figures came with a higher full-year outlook. Illinois Tool Works guided to adjusted earnings per share of USD 11.35 to USD 11.55 for 2026, revenue growth of 4.00 percent to 5.00 percent, organic revenue growth of 3.00 percent to 4.00 percent and an operating margin of 26.50 percent to 27.50 percent, according to Zacks.

That guidance sets a numerical hurdle for the October report. MarketBeat wrote on October 16, 2026, that analysts expected third-quarter earnings of USD 2.97 per share and revenue of USD 4.26 billion. The same report cited a consensus price target of USD 273.42 and an average rating of Reduce.

Three dated signals frame the stock

On July 28, 2026, second-quarter earnings per share reached USD 2.84, compared with USD 2.58 in the prior-year quarter. On October 3, 2026, Zacks described the second-quarter revenue increase as 6.10 percent year over year. On October 15, 2026, Illinois Tool Works announced the October 27 results release through GlobeNewswire.

Upcoming reporting date

The next substantiated company date is October 27, 2026, for the third-quarter results release and earnings webcast.

Industrial scale supports the valuation context

Illinois Tool Works describes itself as a global multi-industry manufacturing company with seven industry-leading segments, according to Illinois Tool Works. The finance snapshot placed its market capitalization at USD 77.2 billion as of October 16, 2026, while its primary listing is on the NYSE under ticker ITW.

Stock price and investor perspective

The combination of a scheduled results date, raised full-year guidance and a USD 273.42 consensus target leaves the October release as the next measurable test for the earnings trajectory. The company enters that date with second-quarter operating margin of 26.70 percent and revenue of USD 4.30 billion.

The further course of trading is shown by the continuously updated real-time quote of Illinois Tool Works stock.