Illinois Tool Works stock gains 3.2% as 2026 outlook stays higher
Published on 11/14/2026 at 11:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOutlook and shareholder returns
- Illinois Tool Works raised its full-year 2026 GAAP earnings outlook after reporting third-quarter results.
- Revenue growth guidance increased, while the organic growth target remained unchanged.
- The company raised its annualized dividend by 7 percent to 6.88 US dollars per share.
Illinois Tool Works stock traded at 260.85 euros on Lang & Schwarz at 11:21 CET on Saturday, November 14, 2026, 0.17 percent below the Xetra close of Friday, November 13. The Xetra close rose 3.20 percent over the week from 253.20 euros on Friday, November 6, to 261.30 euros on Friday, November 13.
Higher full-year targets
On October 27, Illinois Tool Works reported third-quarter 2026 results and raised its full-year outlook. In its official results release, the company set GAAP earnings guidance at 11.45 to 11.55 US dollars per share, lifting the midpoint by 0.05 US dollars.
ITW also raised its full-year revenue growth outlook to 4.5 to 5.5 percent from its previous range. The organic growth target remained 3 to 4 percent. Third-quarter revenue increased 4.4 percent to 4.236 billion US dollars, while the operating margin reached a quarterly record of 27.8 percent.
Dividend remains a shareholder focus
The company raised its dividend by 7 percent to an annualized 6.88 US dollars per share. The increase marked the 63rd consecutive year of dividend growth. ITW also repurchased 187 million US dollars of stock during the quarter and expects about 1.5 billion US dollars of repurchases in 2026.
Illinois Tool Works at a glance
- Company: Illinois Tool Works Inc.
- ISIN: US4523081093
- Xetra symbol: ILT.DE
- Lang & Schwarz quote: 260.85 euros on November 14, 2026, at 11:21 CET
- Xetra close: 261.30 euros on November 13, 2026
- Weekly change: 3.20 percent from November 6 to November 13, 2026
- Annualized dividend: 6.88 US dollars per share
Industrial stocks remain sensitive to input costs, demand across manufacturing markets and currency movements. See Current market reports for the broader market environment.
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