Illinois Tool Works Shares Fall After Barclays Downgrade\n\nPublished on 08/14/2025 at 03:03 pm EDT\n\nBarclays has downgraded Illinois Tool Works to Underweight from Equalweight, with a price target of $243. The move has contributed to a decline in the company's stock price. The share price closed at $262.49 on the NYSE, with a 1.81% drop over the five-day period. This downgrade comes amid a broader shift in analyst sentiment, with other major firms such as Wells Fargo and Truist also adjusting their ratings and price targets. While Barclays maintains a cautious outlook, other analysts like UBS, Goldman Sachs, and Deutsche Bank have maintained or slightly adjusted their price targets, reflecting a mixed market response. The company continues to demonstrate strong fundamentals, including a recent 7.3% increase in its quarterly dividend to $1.61, payable on October 10, 2025. Additionally, Illinois Tool Works has raised its 2025 full-year profit forecast, citing confidence in price hikes and improved demand. The company's diversified product portfolio, spanning automotive equipment, electronic equipment, industrial kitchens, construction systems, metallurgical equipment, polymers, and specialty products, supports its resilient performance across key markets including the United States, Europe-Middle East-Africa, and Asia-Pacific. With 44,000 employees and a strong presence in multiple geographies, ITW remains a key player in the consumer goods conglomerates sector.

Illinois Tool Works Shares Fall After Barclays Downgrade

Barclays has downgraded Illinois Tool Works to Underweight from Equalweight, setting a price target of $243, which contributed to a 1.81% drop in the company's stock price to $262.49 on the NYSE. The move follows a broader shift in analyst sentiment, with Wells Fargo and Truist also adjusting their ratings. While Barclays maintains a cautious outlook, UBS, Goldman Sachs, and Deutsche Bank have maintained or slightly adjusted their price targets. Illinois Tool Works has raised its 2025 full-year profit forecast, citing confidence in price hikes and improved demand. The company reported a 7.3% increase in its quarterly dividend to $1.61, payable on October 10, 2025, and maintains a diversified product portfolio across automotive, industrial, and specialty sectors. It operates in the U.S., Europe-Middle East-Africa, and Asia-Pacific with 44,000 employees.