Illinois Tool Works, Inc’s recent filing unveils that its Former Officer Schott Jennifer Kaplan acquired Company’s shares for reported $0.87 million on Jun 12 ’25. In the deal valued at $246.33 per share,3,536 shares were bought.
Then, SMITH DAVID BYRON JR bought 872 shares, generating $210,292 in total proceeds. Upon buying the shares at $241.16, the Director now owns 122,884 shares.
Before that, Schott Jennifer Kaplan bought 3,559 shares. Illinois Tool Works, Inc shares valued at $871,955 were divested by the Former Officer at a price of $245.00 per share.
BofA Securities downgraded its Illinois Tool Works, Inc [ITW] rating to an Underperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who increased its forecast for the stock in mid February from “a Sell” to “a Hold”. Barclays also remained covering ITW and has increased its forecast on December 05, 2024 with a “an Equal weight” recommendation from previously “an Underweight” rating. Evercore ISI revised its rating on November 13, 2024. It rated ITW as “an Underperform” which previously was an “an In-line”.
Price Performance Review of ITW
On Friday, Illinois Tool Works, Inc [NYSE:ITW] saw its stock fall -1.84% to $241.48. Over the last five days, the stock has lost -2.46%. Illinois Tool Works, Inc shares have fallen nearly -4.76% since the year began. Nevertheless, the stocks have risen 1.36% over the past one year. While a 52-week high of $279.13 was reached on 03/10/25, a 52-week low of $214.66 was recorded on 04/08/25.
Levels Of Support And Resistance For ITW Stock
The 24-hour chart illustrates a support level at 240.00, which if violated will result in even more drops to 238.53. On the upside, there is a resistance level at 243.97. A further resistance level may holdings at 246.47.
How much short interest is there in Illinois Tool Works, Inc?
A steep rise in short interest was recorded in Illinois Tool Works, Inc stocks on 2025-05-30, dropping by 84375.0 shares to a total of 6.51 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 6.59 million shares. There was a decline of -1.3%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on March 14, 2024 when Truist began covering the stock and recommended ‘”a Buy”‘ rating along with a $301 price target.
