Illinois Tool Works stock gets higher 2026 EPS outlook after Q3
Published on 10/29/2026 at 17:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSITW zeigt operative Fortschritte
- Der Umsatz im dritten Quartal stieg um 4,4 Prozent auf 4,236 Milliarden US-Dollar.
- Die operative Marge verbesserte sich auf 27,8 Prozent, während der freie Cashflow 851 Millionen US-Dollar erreichte.
- Die Jahresprognose für den bereinigten Gewinn je Aktie wurde auf 11,45 bis 11,55 US-Dollar angehoben.
Illinois Tool Works reported its third-quarter 2026 results on October 27 and raised its full-year outlook. The company's investor-relations release said revenue increased 4.4 percent to USD 4.236 billion, while operating income reached a quarterly record of USD 1.177 billion.
The Illinois Tool Works investor-relations release reported GAAP diluted earnings per share of USD 3.00, up 6.8 percent year over year. The operating margin expanded by 40 basis points to 27.8 percent, helped by enterprise initiatives and favorable price-cost development.
What has changed since our last report
The new report adds a higher earnings outlook and more detail on the quarter's operating performance. Illinois Tool Works raised its full-year GAAP EPS guidance by USD 0.05 at the midpoint to a range of USD 11.45 to USD 11.55. Revenue growth guidance was lifted to 4.5 to 5.5 percent, while organic growth guidance remained at 3 to 4 percent.
Management said the Welding segment's third-quarter revenue was reduced by an estimated USD 40 million after a tornado damaged two facilities in late July. Excluding that effect, the company estimated total organic growth at approximately 5 percent instead of the reported 3.8 percent. The associated operating-income loss was largely offset by business interruption insurance, and the company expects the forward impact to be immaterial.
Cash generation remained a central investor consideration. Operating cash flow was USD 953 million and free cash flow was USD 851 million, equal to 100 percent of net income. The company also reported USD 187 million in share repurchases during the quarter and raised its annualized dividend by 7 percent to USD 6.88 per share.
Price context for investors
At Lang & Schwarz, the stock stood at EUR 249.90 at 17:13:05 Berlin time on October 29. That was 1.13 percent above the EUR 247.10 quote recorded at 17:41 CEST in our October 27 report. This is a separate comparison from the Xetra daily close; no verified October 29 Xetra closing value is included here. The real-time quote of Illinois Tool Works stock provides the live market reference.
Illinois Tool Works Inc. at a glance
- Company: Illinois Tool Works Inc.
- ISIN: US4523081093
- Ticker: ITW
- Primary exchange: NYSE
- Lang & Schwarz price: EUR 249.90 at 17:13:05 Berlin time on October 29, 2026
- Change since the October 27 report: up 1.13 percent from EUR 247.10
- Market capitalization: USD 79,524,707,129 at 16:24:19 UTC on October 29, 2026
- Sector / Industry: Industrials / Industrial Machinery
Market context: broader market developments are covered in S&P 500 market coverage.
