Illinois Tool Works Inc (ITW) shareholders
ITWNYSEGeneral Industrial Machinery & EquipmentFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 28, 2026Score 9/3030% above fair value
$287.52+0.77 (+0.27%)
Close on Nov 13, 2026Market cap $81.71BP/E –Yield 2.13%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
85.7%
244M of 284M shares
Institutional holders
1,963
150 new, 98 sold out
Net institutional buying
2M
In Q2 2026
Insider trades, 12 months
2 buys · 20 sales
Net sold $82.62M
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 | 9.08% | $6.98B | −24,324 | 100.00% |
| BlackRock, Inc. | 23,279,289 | 8.19% | $6.30B | −94,405 | 0.09% |
| State Farm Mutual Automobile Insurance Co | 21,029,900 | 7.40% | $5.69B | – | 3.89% |
| Vanguard Capital Management LLC | 17,483,266 | 6.15% | $4.73B | +56,046 | 0.10% |
| State Street Corp | 12,788,570 | 4.50% | $3.48B | +128,089 | 0.10% |
| Northern Trust Corp | 11,061,411 | 3.89% | $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 | 1.72% | $1.32B | +120,954 | 0.18% |
| Wells Fargo & Company/Mn | 4,367,704 | 1.54% | $1.18B | −266,148 | 0.19% |
| Goldman Sachs Group Inc | 3,998,938 | 1.41% | $1.08B | +360,855 | 0.09% |
| Fisher Asset Management, LLC | 3,829,798 | 1.35% | $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 | 0.84% | $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 | 85.7% | 150 / 690 | 755 / 98 | 13M | 10M |
| Q1 2026 | 1,946 | 242M | 85.0% | 186 / 651 | 721 / 104 | 38M | 14M |
| Q4 2025 | 1,893 | 245M | 86.3% | 211 / 565 | 763 / 131 | 15M | 9M |
| Q3 2025 | 1,845 | 240M | 84.5% | 126 / 630 | 683 / 100 | 7M | 9M |
| Q2 2025 | 1,851 | 243M | 85.4% | 135 / 627 | 697 / 110 | 7M | 8M |
| Q1 2025 | 1,849 | 244M | 86.0% | 141 / 633 | 706 / 108 | 8M | 7M |
| Q4 2024 | 1,843 | 244M | 86.0% | 221 / 629 | 631 / 99 | 10M | 7M |
| Q3 2024 | 1,752 | 243M | 85.4% | 144 / 580 | 673 / 97 | 27M | 8M |
| Q2 2024 | 1,728 | 245M | 86.2% | 97 / 635 | 632 / 139 | 9M | 16M |
| Q1 2024 | 1,791 | 253M | 88.9% | 151 / 621 | 636 / 92 | 15M | 11M |
| Q4 2023 | 1,753 | 248M | 87.4% | 239 / 512 | 665 / 86 | 12M | 9M |
| Q3 2023 | 1,625 | 245M | 86.3% | 102 / 561 | 594 / 99 | 8M | 7M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
708 funds held ITW in Q2 2026, 63% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| 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 | 2.39% | $1.83B | 0.11% | Jun 30, 2026 |
| iShares Core S&P 500 ETF | 3,601,002 | 1.27% | $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 | 0.92% | $703.88M | 0.28% | Jun 30, 2026 |
| Investment Co of America | 2,458,574 | 0.87% | $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 | 267,269 | 0.09% | Nov 10, 2026 |
| Jennifer F. Scanlon | Director | 1,906 | 0.00% | Nov 10, 2026 |
| Susan Crown | Director | 63,420 | 0.02% | Nov 10, 2026 |
| David Byron Smith Jr | Director | 140,026 | 0.05% | Nov 10, 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 |
|---|---|---|---|---|---|---|
| David Byron Smith Jr Director | Nov 6, 2026 | Award | +137 | $280.95 | $38.49K | 30,509 |
| Jennifer F. Scanlon Director | Nov 6, 2026 | Award | +124.58 | $280.95 | $35.00K | 1,906 |
| Susan Crown Director | Nov 6, 2026 | Award | +62 | $280.95 | $17.42K | 59,420 |
| Ernest Scott Santi Director | Nov 6, 2026 | Award | +124.58 | $280.95 | $35.00K | 262,969 |
| Ernest Scott Santi Director | Nov 4, 2026 | Gift | −3,489 | – | – | 262,844 |
| Ernest Scott Santi Director | Nov 4, 2026 | Sale | −480 | $294.52 | $141.37K | 266,333 |
| Ernest Scott Santi Director | Nov 4, 2026 | Sale | −6,077 | $293.76 | $1.79M | 266,813 |
| Ernest Scott Santi Director | Nov 4, 2026 | Sale | −44,349 | $293.32 | $13.01M | 272,890 |
| Ernest Scott Santi Director | Nov 4, 2026 | Sale | −926 | $291.79 | $270.20K | 317,239 |
| Ernest Scott Santi Director | Nov 4, 2026 | Sale | −2,793 | $291.00 | $812.76K | 318,165 |
| Ernest Scott Santi Director | Nov 4, 2026 | Sale | −1,205 | $289.82 | $349.23K | 320,958 |
| Ernest Scott Santi Director | Nov 4, 2026 | Sale | −4,170 | $288.99 | $1.21M | 322,163 |
| Ernest Scott Santi Director | Nov 4, 2026 | Option exercise | +60,000 | $187.86 | $11.27M | 326,333 |
| 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 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of float
3.01%
9M shares short
Days to cover
5.8
At 1M shares a day
Change since last report
+3.1%
From 8M shares
Short volume, 20 days
69.5%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Illinois Tool Works's stock actually held short. Settlement fails (shares not delivered on time) peaked at 5,429 shares on Aug 25, 2026 over the last 90 days.
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 | Nov 4, 2026 | 60,000 | $17.57M | Nov 4, 2026 | Stock Option Exercise |
| 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 |
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