Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Illinois Tool Works, Inc shares valued at $871,955 were purchased by Schott Jennifer Kaplan on May 08 ’25. At $245.00 per share, Schott Jennifer Kaplan acquired 3,559 shares.
Also, Schott Jennifer Kaplan purchased 3,500 shares, netting a total of over 822,500 in proceeds.
Before that, O’HERLIHY CHRISTOPHER A had sold 48,453 shares from its account. In a trade valued at $13,293,771, the President & CEO traded Illinois Tool Works, Inc shares for $274.36 each. Upon closing the transaction, the insider’s holdings decreased to 48,453 shares, worth approximately $13.44 million.
As published in a research note from BofA Securities on May 07, 2025, Illinois Tool Works, Inc [ITW] has been rated down from a Neutral to an Underperform and the price target has been revised to $220. Analysts at Deutsche Bank upgraded the stock from ‘”a Sell”‘ to ‘”a Hold”‘ outlook in a report released in mid February. As of December 05, 2024, Barclays has increased its “an Underweight” rating to a “an Equal weight” for ITW. Earlier on November 13, 2024, Evercore ISI downgraded its rating. Their new recommendation was “an Underperform” for ITW stock which previously was a “an In-line”.
Analyzing ITW Stock Performance
During the last five days, there has been a drop of approximately -2.44%. Over the course of the year, Illinois Tool Works, Inc shares have dropped approximately -3.84%. Shares of the company reached a 52-week high of $278.13 on 03/10/25 and a 52-week low of $214.66 on 04/08/25.
Support And Resistance Levels for Illinois Tool Works, Inc (ITW)
According to the 24-hour chart, there is a support level at 242.37, which, if violated, would cause prices to drop to 240.90. In the upper region, resistance lies at 246.44. The next price resistance is at 249.04. RSI (Relative Strength Index) is 49.55 on the 14-day chart, showing neutral technical sentiment.