Illinois Tool Works Inc. (NYSE:ITW) is included among the 15 Best DRIP Stocks to Own Right Now.Baird Raises Illinois Tool Works (ITW) Price Target to $265, Maintains Neutral Rating
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On October 27, Baird raised its price target on Illinois Tool Works Inc. (NYSE:ITW) to $265 from $258, while maintaining a Neutral rating on the stock, as reported by The Fly. The firm updated its financial model after the company’s third-quarter results, which reflected modestly positive organic growth, a sign of gradual improvement in performance.
A couple of days later, on October 29, Illinois Tool Works Inc. (NYSE:ITW) declared a quarterly dividend of $1.61 per share, consistent with its previous payout. The company continues to uphold its reputation as a Dividend King, boasting an impressive 53 consecutive years of dividend increases. For the third quarter of 2025, the company reported revenue of $4.1 billion, up 2% year over year, including 1% organic growth.
Illinois Tool Works Inc. (NYSE:ITW) is a global diversified manufacturer engaged in producing specialized industrial equipment, consumables, and related services across a wide range of end markets.
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Baird Raises Illinois Tool Works (ITW) Price Target to $265, Maintains Neutral Rating
Published 6 hours ago
Nov 8, 2025 at 5:29 AM
Neutral
