Truist Financial Keeps Their Hold Rating on Illinois Tool Works (ITW)

Truist Financial analyst Jamie Cook maintained a Hold rating on Illinois Tool Works today and set a price target of $280.00.

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According to TipRanks, Cook is a 5-star analyst with an average return of 17.9% and a 69.96% success rate. Cook covers the Industrials sector, focusing on stocks such as Caterpillar, Quanta Services, and CSW Industrials.

In addition to Truist Financial, Illinois Tool Works also received a Hold from Bank of America Securities’s Andrew Obin in a report issued today. However, yesterday, Goldman Sachs maintained a Sell rating on Illinois Tool Works (NYSE: ITW).

Based on Illinois Tool Works’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $4.02 billion and a net profit of $768 million. In comparison, last year the company earned a revenue of $3.84 billion and had a net profit of $700 million

Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ITW in relation to earlier this year. Most recently, in February 2026, Mary Katherine Lawler, the SVP & CHRO of ITW sold 17,279.00 shares for a total of $5,043,740.10.