(Updates with the stock price movement in the headline and first paragraph.)

Illinois Tool Works (ITW) shares rose 4.5% in Tuesday trading after the company posted Q2 earnings and revenue above expectations and lifted its 2026 EPS guidance.

Earnings in the three months ended June 30 rose to $2.84 per diluted share from $2.58 a year earlier.

Analysts surveyed by FactSet expected $2.79.

Operating revenue rose to $4.30 billion from $4.05 billion.

Analysts expected $4.19 billion.

The company boosted full-year EPS guidance to $11.35 to $11.55 from the prior range of $11.10 to $11.50. Analysts expect $11.31.

Price: 297.69, Change: +12.87, Percent Change: +4.52