MarketBeat reports a USD 282 target for Illinois Tool Works stock

Published on 10/06/2026 at 17:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 4.30 billion, up 6.10 percent year over year. Illinois Tool Works stock last traded at EUR 240.30 on September 25, 2026 after EUR 238.80.

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Illinois Tool Works (ISIN US4523081093) was last at EUR 240.30 on Tradegate on September 25, 2026 at 8:15 p.m. CEST, while MarketBeat reported a USD 282.00 consensus target and a Reduce rating on October 6, 2026. The report covered 13 analyst ratings and listed five Sell recommendations.

Revenue beats and guidance rises

Illinois Tool Works delivered USD 4.30 billion of revenue in the second quarter of 2026, up 6.10 percent from the year-earlier quarter. Diluted earnings per share reached USD 2.84, compared with a USD 2.80 consensus estimate, according to Zacks in its report on the second-quarter results.

The operating margin reached 26.70 percent in the second quarter, 0.40 percentage points higher than a year earlier. Operating cash flow was USD 723.0 million, up 31.50 percent from the year-earlier quarter, giving the margin and cash conversion figures greater weight than the modest consensus rating.

Guidance supports the earnings case

Zacks reported that Illinois Tool Works raised its full-year 2026 earnings guidance to USD 11.35-11.55 per share from USD 11.10-11.50. The company also lifted its full-year revenue growth outlook to 4-5 percent and its organic revenue growth outlook to 3-4 percent.

The contrast is clear: the second-quarter revenue beat and higher 2026 outlook point to improving operations, while the Reduce consensus shows that analysts still require further evidence. MarketBeat linked the potential upgrade case to demand in welding and electronics associated with data center construction, but the next quarterly report remains the more direct test of that thesis.

Tradegate quote remains the reference

The stock was last at EUR 240.30 on Tradegate on September 25, 2026 at 8:15 p.m. CEST, plus 0.63 percent versus the Tradegate close of EUR 238.80. Price source: substitute price Tradegate, Lang & Schwarz without data set.