Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Illinois Tool Works Inc. before investing.

In this article, we go over a few key elements for understanding Illinois Tool Works Inc.’s stock price such as:

• Illinois Tool Works Inc.’s current stock price and volume
• Why Illinois Tool Works Inc.’s stock price changed recently
• Upgrades and downgrades for ITW from analysts
• ITW’s stock price momentum as measured by its relative strength

About Illinois Tool Works Inc. (ITW)

Before we jump into Illinois Tool Works Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Illinois Tool Works Inc. provides industrial products and equipment in North America, Europe, the Middle East, Africa, the Asia Pacific, and South America. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM segment offers plastic and metal components, fasteners, and assemblies for automobiles, light trucks, and other industrial uses. The Food Equipment segment provides warewashing, cooking, refrigeration, and food processing equipment; kitchen exhaust, ventilation, and pollution control systems; and food equipment maintenance and repair services. The Test & Measurement and Electronics segment produce and sells test and measurement; and electronic manufacturing and maintenance, repair, and operations solutions. The Welding segment produces arc welding equipment, and metal arc welding consumables and related accessories. The Polymers & Fluids segment produces adhesives, sealants, lubrication and cutting fluids, and fluids and polymers for auto aftermarket maintenance and appearance. The Construction Products segment offers engineered fastening systems and solutions for the residential construction, renovation/remodel, and commercial construction markets. The Specialty Products segment provides beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. The company serves automotive OEM and aftermarket, commercial food equipment, construction, general industrial, industrial capital goods, consumer durables, and other markets, as well as MRO markets. It distributes its products directly to industrial manufacturers, as well as through independent distributors. Illinois Tool Works Inc. was founded in 1912 and is based in Glenview, Illinois.

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Illinois Tool Works Inc.’s Stock Price as of Market Close

As of July 31, 2026, 4:00 PM, CST, Illinois Tool Works Inc.’s stock price was $286.950.

Illinois Tool Works Inc. is up 1.15% from its previous closing price of $283.700.

During the last market session, Illinois Tool Works Inc.’s stock traded between $281.870 and $287.990. Currently, there are approximately 288.30 million shares outstanding for Illinois Tool Works Inc..

Illinois Tool Works Inc.’s price-earnings (P/E) ratio is currently at 26.6, which is low compared to the Machinery industry median of 27.9. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Illinois Tool Works Inc. Stock Price History

Illinois Tool Works Inc.’s (ITW) price is currently up 6.09% so far this month.

During the month of July, Illinois Tool Works Inc.’s stock price has reached a high of $301.920 and a low of $263.550.

Over the last year, Illinois Tool Works Inc. has hit prices as high as $303.155 and as low as $238.820. Year to date, Illinois Tool Works Inc.’s stock is up 16.5%.

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What Caused Illinois Tool Works Inc. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of July 31, 2026,, no analysts have changed their rating of Illinois Tool Works Inc.’s stock over the last month.

Additionally, you'll want to evaluate Illinois Tool Works Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Illinois Tool Works Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Illinois Tool Works Inc.’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Illinois Tool Works Inc. (ITW) by visiting AAII Stock Evaluator.

Relative Price Strength of Illinois Tool Works Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 31, 2026, Illinois Tool Works Inc. has a weighted four-quarter relative price strength of 0.97%, which translates to a Momentum Score of 56 and is considered to be Average.

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Illinois Tool Works Inc. Stock Price: Bottom Line

As of July 31, 2026, Illinois Tool Works Inc.’s stock price is $286.950, which is up 1.15% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Illinois Tool Works Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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