J.P. Morgan Keeps Their Buy Rating on Illinois Tool Works (ITW)

In a report released today, Tami Zakaria from J.P. Morgan maintained a Buy rating on Illinois Tool Works, with a price target of $295.00.

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According to TipRanks, Zakaria is a 5-star analyst with an average return of 11.4% and a 60.23% success rate. Zakaria covers the Industrials sector, focusing on stocks such as Waste Connections, Deere, and Agco.

Currently, the analyst consensus on Illinois Tool Works is a Hold with an average price target of $274.56.

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.