NYSE:ITWMachinery
Should Goldman’s Sell Call Amid Record Margins and Reaffirmed Guidance Require Action From Illinois Tool Works (ITW) Investors?
In December, Goldman Sachs downgraded Illinois Tool Works to Sell from Neutral, even as the company posted a record 27.4% operating margin in Q3 2025 and reaffirmed its full-year operating margin and EPS guidance.
This mix of bearish analyst sentiment and resilient profitability highlights a tension between perceived valuation limits and management’s confidence in the underlying business.
Next, we’ll examine how Goldman Sachs’ Sell call, set against Illinois Tool Works’ record margins and...