Rating Change
Evercore ISI Group reiterated its Underperform rating on Illinois Tool Works Inc. (NYSE:ITW) on August 11, 2026.
reiterateNYSE:ITW
Evercore ISI Group Reiterates Underperform Rating on Illinois Tool Works Inc. (ITW)
Evercore ISI Group reiterated its Underperform rating on Illinois Tool Works Inc. (NYSE:ITW) on August 11, 2026.
At publication ·
What changed
Illinois Tool Works Inc. (NYSE:ITW) · reiterate
- Firm
- Evercore ISI Group
- Rating
- Underperform to Underperform
- Price at event
- $293.76
- Market capitalization
- $75.3B
At a glance
Key takeaways
- Evercore ISI Group reiterated an Underperform rating on Illinois Tool Works Inc. (ITW) on August 11, 2026, suggesting the stock may underperform relative to the market.
Market Context
Illinois Tool Works Inc. operates in the Industrials sector. The stock currently trades at $293.75 with a market capitalization of $75.3B. The stock has gained 18.9% over the past 52 weeks.
Analyst coverage from Evercore ISI Group provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Illinois Tool Works Inc.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Illinois Tool Works Inc.
Among the 10 most recent ratings: 4 Buy, 3 Hold, 3 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Aug 11, 2026 | Evercore ISI Group | Underperform | N/A |
| Jul 29, 2026 | JP Morgan | Overweight | N/A |
| Jul 29, 2026 | Baird | Neutral | N/A |
| Jul 13, 2026 | JP Morgan | Overweight | N/A |
| Jul 02, 2026 | Truist Securities | Hold | N/A |
Related Tools: Analyst Ratings Dashboard | View ITW Stock Page
Frequently Asked Questions
What does the Underperform rating mean for ITW?
A rating of Underperform from Evercore ISI Group reflects the analyst's outlook on Illinois Tool Works Inc. (NYSE:ITW). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the ITW forecast page.
