Analyst Report: Illinois Tool Works Inc

<p>Argus</p>
<p>•</p>
<p>Mar 16, 2026</p>
<h3>Illinois Tool Works Inc.: Raising target price</h3>
<p>Summary</p>
<p>Founded in 1912, Illinois Tool Works is a global manufacturer of engineered industrial products and equipment. The company's operations are divided into seven segments: Test &amp; Measurement and Electronics, Automotive OEM, Polymers &amp; Fluids, Food Equipment, Welding, Construction Products, and Specialty Products.</p>
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<h3>Analyst Profile</h3>
<p>Kristina Ruggeri</p>
<p>Analyst: Generalist</p>
<p>Kristina began working with Argus Research in 2019. She is responsible for covering selected Consumer Discretionary and Consumer Staples Stocks and has nearly 20 years of experience in the financial services industry. Kristina began her career at Price Waterhouse where she audited asset managers, broker dealers, and banks. Later she joined J.P. Morgan as a financial analyst. In 1994, Kristina joined Bankers Trust Company where she managed the daily operations of several equity derivative funds and later implemented tools to mitigate risk and improve workflow processes. Prior to working with Argus, Kristina was a Senior Director at S&amp;P Global where she led key competitive intelligence and market research initiatives and executed programs to better understand client needs. Kristina earned a BS in Accounting and a minor in Spanish from Bucknell University. She holds an MBA in Finance from New York University’s Stern School of Business and is a Certified Public Accountant. Kristina is also a certified teacher in the State of New Jersey and devotes time to working with elementary and middle school-aged students.</p>