Rating Change
JP Morgan analysts reiterated a Overweight rating on Illinois Tool Works Inc. (NYSE:ITW) on July 29, 2026.
reiterateNYSE:ITW
JP Morgan Reiterates Overweight Rating on Illinois Tool Works Inc. (ITW)
Rating Change JP Morgan analysts reiterated a Overweight rating on Illinois Tool Works Inc. (NYSE:ITW) on July 29, 2026. Market Context Illinois Tool Works Inc.
Market Context
Illinois Tool Works Inc. operates in the Industrials sector. The stock currently trades at $292.45 with a market capitalization of $75.3B. The stock has gained 22.3% over the past 52 weeks.
Analyst coverage from JP Morgan 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 |
|---|---|---|---|
| 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 |
| May 04, 2026 | Citigroup | Neutral | N/A |
Related Tools: Analyst Ratings Dashboard | View ITW Stock Page
Frequently Asked Questions
What does a Overweight rating mean for ITW?
A Overweight rating from JP Morgan 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.