ITWNYSEGeneral Industrial Machinery & EquipmentFiscal year ends December 31
ILLINOIS TOOL WORKS INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$270.17−2.11 (-0.77%)
Close on Oct 19, 2026
- Market cap
- $77.54B
- P/E (TTM)
- 25.8
- Dividend yield
- 2.26%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
85.5%
244M of 285M shares
Institutional holders
1,963
150 new, 98 sold out
Net institutional buying
2M
In Q2 2026
Insider trades, 12 months
2 buys · 14 sales
Net sold $65.43M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Briar Hall Management LLC | 25,850,978 | 8.91% | 13G (passive) | Dec 31, 2025 |
| BlackRock, Inc. | 21,203,045 | 7.00% | 13G (passive) amendment | Dec 31, 2023 |
| Vanguard Capital Management | 20,177,404 | 7.00% | 13G (passive) | Mar 31, 2026 |
| and State Farm Mutual Automobile Insurance Company | 16,632,273 | 5.53% | 13G (passive) amendment | Feb 12, 2024 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of ITW | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Briar Hall Management LLC | 25,811,219 | 9.06% | $6.98B | −24,324 | 100.00% |
| BlackRock, Inc. | 23,279,289 | 8.17% | $6.30B | −94,405 | 0.09% |
| State Farm Mutual Automobile Insurance Co | 21,029,900 | 7.38% | $5.69B | – | 3.89% |
| Vanguard Capital Management LLC | 17,483,266 | 6.14% | $4.73B | +56,046 | 0.10% |
| State Street Corp | 12,788,570 | 4.49% | $3.48B | +128,089 | 0.10% |
| Northern Trust Corp | 11,061,411 | 3.88% | $2.99B | −140,168 | 0.35% |
| Geode Capital Management, LLC | 7,084,318 | 2.49% | $1.92B | +25,030 | 0.10% |
| Vanguard Portfolio Management LLC | 6,943,927 | 2.44% | $1.88B | +148,205 | 0.08% |
| Morgan Stanley | 4,899,971 | 1.72% | $1.33B | −504,270 | 0.07% |
| Capital Research Global Investors | 4,879,245 | 1.71% | $1.32B | +120,954 | 0.18% |
| Wells Fargo & Company/Mn | 4,367,704 | 1.53% | $1.18B | −266,148 | 0.19% |
| Goldman Sachs Group Inc | 3,998,938 | 1.40% | $1.08B | +360,855 | 0.09% |
| Fisher Asset Management, LLC | 3,829,798 | 1.34% | $1.04B | +58,322 | 0.31% |
| Ameriprise Financial Inc | 3,606,085 | 1.27% | $975.46M | +1,060,538 | 0.20% |
| Norges Bank | 3,220,679 | 1.13% | $871.10M | New | 0.09% |
| Massachusetts Financial Services Co /Ma/ | 2,578,238 | 0.91% | $698.08M | −731,762 | 0.22% |
| Bank Of America Corp /De/ | 2,373,661 | 0.83% | $642.00M | −631,998 | 0.04% |
| Invesco Ltd. | 2,268,064 | 0.80% | $613.44M | +93,584 | 0.05% |
| Bank of New York Mellon Corp | 2,230,067 | 0.78% | $603.17M | −65,667 | 0.10% |
| Dimensional Fund Advisors LP | 2,228,668 | 0.78% | $602.75M | +183,659 | 0.11% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 1,963 | 244M | 85.5% | 150 / 690 | 755 / 98 | 13M | 10M |
| Q1 2026 | 1,946 | 242M | 84.8% | 186 / 651 | 721 / 104 | 38M | 14M |
| Q4 2025 | 1,893 | 245M | 86.2% | 211 / 565 | 763 / 131 | 15M | 9M |
| Q3 2025 | 1,845 | 240M | 84.4% | 126 / 630 | 683 / 100 | 7M | 9M |
| Q2 2025 | 1,851 | 243M | 85.2% | 135 / 627 | 697 / 110 | 7M | 8M |
| Q1 2025 | 1,849 | 244M | 85.8% | 141 / 633 | 706 / 108 | 8M | 7M |
| Q4 2024 | 1,843 | 244M | 85.8% | 221 / 629 | 631 / 99 | 10M | 7M |
| Q3 2024 | 1,752 | 243M | 85.2% | 144 / 580 | 673 / 97 | 27M | 8M |
| Q2 2024 | 1,728 | 245M | 86.0% | 97 / 635 | 632 / 139 | 9M | 16M |
| Q1 2024 | 1,791 | 253M | 88.7% | 151 / 621 | 636 / 92 | 15M | 11M |
| Q4 2023 | 1,753 | 248M | 87.2% | 239 / 512 | 665 / 86 | 12M | 9M |
| Q3 2023 | 1,625 | 245M | 86.1% | 102 / 561 | 594 / 99 | 8M | 7M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of ITW | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 8,675,338 | 3.05% | $2.35B | 0.10% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 6,784,454 | 2.38% | $1.83B | 0.11% | Jun 30, 2026 |
| iShares Core S&P 500 ETF | 3,601,002 | 1.26% | $973.96M | 0.11% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 3,356,161 | 1.18% | $829.91M | 0.10% | May 31, 2026 |
| Vanguard Value Index Fund | 2,602,425 | 0.91% | $703.88M | 0.28% | Jun 30, 2026 |
| Investment Co of America | 2,458,574 | 0.86% | $664.97M | 0.36% | Jun 30, 2026 |
| MFS Value Fund | 2,012,943 | 0.71% | $497.76M | 0.97% | May 31, 2026 |
| Columbia Dividend Income Fund | 1,552,453 | 0.55% | $383.89M | 0.81% | May 31, 2026 |
| State Street(R) Industrial Select Sector SPDR(R) ETF | 1,541,725 | 0.54% | $416.99M | 1.23% | Jun 30, 2026 |
| Vanguard Dividend Appreciation Index Fund | 1,481,291 | 0.52% | $425.06M | 0.32% | Jul 31, 2026 |
| Vanguard Institutional Index Fund | 1,421,334 | 0.50% | $384.43M | 0.11% | Jun 30, 2026 |
| iShares MSCI USA Quality Factor ETF | 1,256,736 | 0.44% | $360.62M | 0.78% | Jul 31, 2026 |
| Capital Group Dividend Value ETF | 1,160,425 | 0.41% | $286.95M | 0.82% | May 31, 2026 |
| Vanguard High Dividend Yield Index Fund | 1,158,165 | 0.41% | $332.34M | 0.34% | Jul 31, 2026 |
| American Mutual Fund | 1,036,089 | 0.36% | $297.31M | 0.25% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Christopher A. O'Herlihy | President & CEO, Director | 61,490 | 0.02% | Feb 17, 2026 |
| Matteo C. Pigozzo | VP & Chief Accounting Officer | 4,497 | 0.00% | Aug 17, 2026 |
| Christopher P. Rauch | SVP, General Counsel & Secy. | 348 | 0.00% | Feb 17, 2026 |
| T. Kenneth Escoe | Executive Vice President | 9,632 | 0.00% | Feb 17, 2026 |
| Randall J. Scheuneman | VP & Chief Accounting Officer | 10,864 | 0.00% | Feb 17, 2026 |
| Michael M. Larsen | SVP & CFO | 54,578 | 0.02% | Feb 17, 2026 |
| Sharon Szafranski | Executive Vice President | 9,294 | 0.00% | Feb 17, 2026 |
| Axel Beck | Executive Vice President | 8,187 | 0.00% | Feb 17, 2026 |
| Patricia A. Hartzell | Executive Vice President | 3,965 | 0.00% | Feb 17, 2026 |
| Javier Gracia Carbonell | Executive Vice President | 3,630 | 0.00% | Feb 17, 2026 |
| Guilherme de Figueiredo Silva | Executive Vice President | 2,557 | 0.00% | Feb 17, 2026 |
| Mark A. Thibeault | Executive Vice President | 750 | 0.00% | Feb 17, 2026 |
| Mary Katherine Lawler | SVP & Chief HR Officer | 32,019 | 0.01% | Feb 17, 2026 |
| Jennifer Kaplan Schott | SVP, General Counsel & Secy. | 2,382 | 0.00% | Feb 18, 2025 |
| Ernest Scott Santi | Director | 272,478 | 0.10% | Aug 21, 2026 |
| Jennifer F. Scanlon | Director | 1,776 | 0.00% | Aug 11, 2026 |
| Susan Crown | Director | 63,219 | 0.02% | Aug 11, 2026 |
| David Byron Smith Jr | Director | 139,889 | 0.05% | Aug 11, 2026 |
| Richard H. Lenny | Director | 21,965 | 0.01% | May 12, 2026 |
| James W. Griffith | Director | 24,127 | 0.01% | May 12, 2026 |
| Jaime A. Irick | Director | 2,286 | 0.00% | May 12, 2026 |
| Pamela B. Strobel | Director | 39,374 | 0.01% | May 12, 2026 |
| Darrell L. Ford | Director | 7,787 | 0.00% | May 12, 2026 |
| Kelly J. Grier | Director | 3,332 | 0.00% | May 12, 2026 |
| Jay L. Henderson | Director | 25,088 | 0.01% | May 12, 2026 |
| Daniel J. Brutto | Director | 23,951 | 0.01% | May 12, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Ernest Scott Santi Director | Aug 19, 2026 | Sale | −8,928 | $288.22 | $2.57M | 268,178 |
| Ernest Scott Santi Director | Aug 19, 2026 | Sale | −8,142 | $287.35 | $2.34M | 277,106 |
| Ernest Scott Santi Director | Aug 19, 2026 | Sale | −22,471 | $286.37 | $6.44M | 285,248 |
| Ernest Scott Santi Director | Aug 19, 2026 | Option exercise | +41,431 | $187.86 | $7.78M | 307,719 |
| Ernest Scott Santi Director | Aug 19, 2026 | Sale | −1,890 | $289.19 | $546.57K | 266,288 |
| Matteo C. Pigozzo VP & Chief Accounting Officer | Aug 13, 2026 | Sale | −277 | $289.22 | $80.11K | 3,394 |
| David Byron Smith Jr Director | Aug 7, 2026 | Award | +130 | $296.66 | $38.57K | 30,372 |
| Ernest Scott Santi Director | Aug 7, 2026 | Award | +117.98 | $296.66 | $35.00K | 266,288 |
| Jennifer F. Scanlon Director | Aug 7, 2026 | Award | +117.98 | $296.66 | $35.00K | 1,776 |
| Susan Crown Director | Aug 7, 2026 | Award | +58 | $296.66 | $17.21K | 59,219 |
| Jennifer F. Scanlon Director | Jun 2, 2026 | Buy | +806 | $247.99 | $199.88K | 1,652 |
| Pamela B. Strobel Director | May 8, 2026 | Award | −765 | $254.76 | $194.89K | 39,374 |
| Daniel J. Brutto Director | May 8, 2026 | Award | +765 | $254.76 | $194.89K | 23,951 |
| Jay L. Henderson Director | May 8, 2026 | Award | +765 | $254.76 | $194.89K | 25,088 |
| David Byron Smith Jr Director | May 8, 2026 | Award | +917 | $254.76 | $233.61K | 30,242 |
| Susan Crown Director | May 8, 2026 | Award | +833 | $254.76 | $212.22K | 59,034 |
| Kelly J. Grier Director | May 8, 2026 | Award | +765 | $254.76 | $194.89K | 3,332 |
| Ernest Scott Santi Director | May 8, 2026 | Award | +1,883 | $254.76 | $479.71K | 266,128 |
| Richard H. Lenny Director | May 8, 2026 | Award | +765 | $254.76 | $194.89K | 21,965 |
| Darrell L. Ford Director | May 8, 2026 | Award | +765 | $254.76 | $194.89K | 7,787 |
| James W. Griffith Director | May 8, 2026 | Award | +765 | $254.76 | $194.89K | 24,127 |
| Jennifer F. Scanlon Director | May 8, 2026 | Award | +846 | $254.76 | $215.53K | 846 |
| Jaime A. Irick Director | May 8, 2026 | Award | +765 | $254.76 | $194.89K | 2,286 |
| Randall J. Scheuneman VP & Chief Accounting Officer | Feb 12, 2026 | Tax withholding | −253 | $298.51 | $75.52K | 10,864 |
| Randall J. Scheuneman VP & Chief Accounting Officer | Feb 12, 2026 | Option exercise | +803 | – | – | 11,117 |
| Patricia A. Hartzell Executive Vice President | Feb 12, 2026 | Tax withholding | −569 | $298.51 | $169.85K | 3,965 |
| Patricia A. Hartzell Executive Vice President | Feb 12, 2026 | Option exercise | +1,883 | – | – | 4,534 |
| Axel Beck Executive Vice President | Feb 12, 2026 | Option exercise | +2,398 | – | – | 8,187 |
| Axel Beck Executive Vice President | Feb 12, 2026 | Tax withholding | −1,063 | $298.51 | $317.32K | 7,124 |
| Michael M. Larsen SVP & CFO | Feb 12, 2026 | Tax withholding | −2,348 | $298.51 | $700.90K | 54,578 |
| Michael M. Larsen SVP & CFO | Feb 12, 2026 | Option exercise | +6,424 | – | – | 56,926 |
| Ernest Scott Santi Director | Feb 12, 2026 | Tax withholding | −4,241 | $298.51 | $1.27M | 264,216 |
| Ernest Scott Santi Director | Feb 12, 2026 | Option exercise | +9,572 | – | – | 268,457 |
| T. Kenneth Escoe Executive Vice President | Feb 12, 2026 | Tax withholding | −568 | $298.51 | $169.55K | 8,150 |
| T. Kenneth Escoe Executive Vice President | Feb 12, 2026 | Option exercise | +1,883 | – | – | 8,718 |
| Guilherme de Figueiredo Silva Executive Vice President | Feb 12, 2026 | Tax withholding | −193 | $298.51 | $57.61K | 2,557 |
| Guilherme de Figueiredo Silva Executive Vice President | Feb 12, 2026 | Option exercise | +598 | – | – | 2,750 |
| Sharon Szafranski Executive Vice President | Feb 12, 2026 | Option exercise | +2,098 | – | – | 9,294 |
| Sharon Szafranski Executive Vice President | Feb 12, 2026 | Tax withholding | −631 | $298.51 | $188.36K | 8,663 |
| Mark A. Thibeault Executive Vice President | Feb 12, 2026 | Option exercise | +469 | – | – | 750 |
| Mark A. Thibeault Executive Vice President | Feb 12, 2026 | Tax withholding | −157 | $298.51 | $46.87K | 593 |
| Javier Gracia Carbonell Executive Vice President | Feb 12, 2026 | Tax withholding | −923 | $298.51 | $275.52K | 3,630 |
| Javier Gracia Carbonell Executive Vice President | Feb 12, 2026 | Option exercise | +1,883 | – | – | 4,553 |
| Mary Katherine Lawler SVP & Chief HR Officer | Feb 12, 2026 | Option exercise | +2,740 | – | – | 31,521 |
| Mary Katherine Lawler SVP & Chief HR Officer | Feb 12, 2026 | Tax withholding | −1,214 | $298.51 | $362.39K | 30,307 |
| Christopher A. O'Herlihy President & CEO, Director | Feb 12, 2026 | Tax withholding | −2,610 | $298.51 | $779.11K | 59,527 |
| Christopher A. O'Herlihy President & CEO, Director | Feb 12, 2026 | Option exercise | +7,024 | – | – | 62,137 |
| Christopher P. Rauch SVP, General Counsel & Secy. | Feb 10, 2026 | Tax withholding | −129 | $294.25 | $37.96K | 348 |
| Christopher P. Rauch SVP, General Counsel & Secy. | Feb 10, 2026 | Option exercise | +477 | – | – | 477 |
| Ernest Scott Santi Director | Feb 6, 2026 | Award | +119.22 | $293.57 | $35.00K | 258,885 |
| Mary Katherine Lawler SVP & Chief HR Officer | Feb 6, 2026 | Sale | −17,279 | $291.90 | $5.04M | 28,781 |
| Mary Katherine Lawler SVP & Chief HR Officer | Feb 6, 2026 | Option exercise | +17,279 | $163.36 | $2.82M | 46,060 |
| Susan Crown Director | Feb 6, 2026 | Award | +61 | $293.57 | $17.91K | 58,081 |
| David Byron Smith Jr Director | Feb 6, 2026 | Award | +131 | $293.57 | $38.46K | 29,325 |
| Axel Beck Executive Vice President | Feb 5, 2026 | Sale | −4,223 | $290.22 | $1.23M | 5,789 |
| Axel Beck Executive Vice President | Feb 5, 2026 | Option exercise | +3,261 | $128.00 | $417.41K | 7,404 |
| Axel Beck Executive Vice President | Feb 5, 2026 | Option exercise | +2,608 | $163.36 | $426.04K | 10,012 |
| Ernest Scott Santi Director | Feb 4, 2026 | Sale | −17,864 | $289.85 | $5.18M | 360,362 |
| Ernest Scott Santi Director | Feb 4, 2026 | Sale | −47,885 | $288.72 | $13.83M | 378,226 |
| Ernest Scott Santi Director | Feb 4, 2026 | Option exercise | +167,345 | $144.21 | $24.13M | 426,111 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Ernest Scott Santi Director | Aug 19, 2026 | 41,431 | $11.87M | Aug 19, 2026 | Stock Option Exercise |
| Matteo C. Pigozzo Officer | Aug 13, 2026 | 277 | $80.11K | Aug 13, 2026 | Restricted Stock Vesting |
| Mary Katherine Lawler Officer | Feb 6, 2026 | 17,279 | $5.04M | Feb 6, 2026 | Option Granted 02/15/2018 |
| Axel Beck Officer | Feb 5, 2026 | 4,223 | $1.23M | Feb 5, 2026 | Option Granted - 02/10/2017 |
| Ernest Scott Santi Director | Feb 4, 2026 | 167,345 | $47.14M | Feb 4, 2026 | Option Granted - 02/15/2019 |
| Pamela B. Strobel Director | Nov 5, 2025 | 1,521 | $373.02K | Nov 5, 2025 | Restricted Stock Vesting |
| Randall J. Scheuneman Officer | Sep 11, 2025 | 6,802 | $1.80M | Sep 11, 2025 | Option Granted 02/10/2017 |
| Jennifer Kaplan Schott Former Officer | Jun 12, 2025 | 3,536 | $871.02K | Jun 12, 2025 | Option Granted 02/10/2023 |
| Jennifer Kaplan Schott Former Officer | May 8, 2025 | 3,559 | $871.96K | May 8, 2025 | Option Granted - 02/11/2022 |
| Jennifer Kaplan Schott Former Officer | Apr 9, 2025 | 3,500 | $822.50K | Apr 9, 2025 | Option Granted - 02/11/2022 |
| Christopher A. O'Herlihy Officer, Director | Mar 7, 2025 | 48,453 | $13.29M | Mar 7, 2025 | Option Granted - 02/10/2017 |
| Michael M. Larsen Officer | Mar 7, 2025 | 41,472 | $11.25M | Mar 7, 2025 | Option Granted 02/15/2019 |
| Ernest Scott Santi Director | Feb 20, 2025 | 73,453 | $19.44M | Feb 20, 2025 | Option Granted 02/15/2018 |
| Ernest Scott Santi Director | Feb 19, 2025 | 70,000 | $18.43M | Feb 19, 2025 | Option Granted - 02/15/2018 |
| Mary Katherine Lawler Officer | Nov 6, 2024 | 11,647 | $3.18M | Nov 6, 2024 | Option Granted 02/10/2017 |