Fortive Corporation (NYSE:FTV) Receives Consensus Rating of "Hold" from Analysts

Key Points

• Analysts have a consensus “Hold” rating on Fortive, with eight holds, two buys and two sells. The average 12-month price target is $63.10, versus a recent share price of $54.44.
• Fortive exceeded quarterly expectations, reporting adjusted earnings of $0.74 per share versus the $0.71 consensus and revenue of $1.10 billion. Revenue increased 8% year over year, and full-year 2026 EPS guidance is $2.95–$3.05.
• The company raised its quarterly dividend from $0.06 to $0.07 per share, implying a $0.28 annual payout and a 0.5% yield. Separately, a senior vice president sold 8,662 shares, while institutional investors own 94.94% of the stock.

Shares of Fortive Corporation (NYSE:FTV - Get Free Report) have received an average rating of "Hold" from the twelve research firms that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $63.10.

FTV has been the topic of a number of analyst reports. Argus reaffirmed a "buy" rating and set a $68.00 price objective on shares of Fortive in a report on Wednesday, August 19th. Truist Financial reaffirmed a "hold" rating and issued a $68.00 price target (up from $67.00) on shares of Fortive in a report on Thursday, July 30th. Morgan Stanley upped their price target on shares of Fortive from $58.00 to $59.00 and gave the company an "equal weight" rating in a research note on Wednesday, June 3rd. Finally, Weiss Ratings downgraded Fortive from a "hold (c)" rating to a "hold (c-)" rating in a research note on Thursday, August 27th.

Insider Buying and Selling

In other Fortive news, SVP Peter C. Underwood sold 8,662 shares of the firm's stock in a transaction on Monday, August 10th. The shares were sold at an average price of $61.59, for a total value of $533,492.58. Following the completion of the transaction, the senior vice president directly owned 79,118 shares of the company's stock, valued at $4,872,877.62. This trade represents a 9.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.65% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. DV Equities LLC purchased a new position in Fortive during the fourth quarter worth about $25,000. Keating Financial Advisory Services Inc. purchased a new stake in shares of Fortive in the 2nd quarter valued at about $30,000. Virtus Advisers LLC purchased a new stake in shares of Fortive in the 2nd quarter valued at about $30,000. Geneos Wealth Management Inc. boosted its position in shares of Fortive by 246.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 502 shares of the technology company's stock valued at $37,000 after acquiring an additional 357 shares during the last quarter. Finally, Root Financial Partners LLC boosted its position in shares of Fortive by 43.6% during the 4th quarter. Root Financial Partners LLC now owns 553 shares of the technology company's stock valued at $31,000 after acquiring an additional 168 shares during the last quarter. Institutional investors own 94.94% of the company's stock.

Fortive Stock Performance

Shares of Fortive stock opened at $54.44 on Friday. The company has a market cap of $16.44 billion, a PE ratio of 32.22, a price-to-earnings-growth ratio of 2.31 and a beta of 1.05. Fortive has a 52 week low of $47.31 and a 52 week high of $64.56. The business has a 50 day moving average price of $60.24 and a 200-day moving average price of $59.39. The company has a quick ratio of 1.00, a current ratio of 1.24 and a debt-to-equity ratio of 0.58.

Fortive (NYSE:FTV - Get Free Report) last posted its earnings results on Wednesday, July 29th. The technology company reported $0.74 earnings per share for the quarter, beating analysts' consensus estimates of $0.71 by $0.03. Fortive had a return on equity of 15.33% and a net margin of 12.38%.The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same quarter last year, the company earned $0.90 earnings per share. The company's revenue for the quarter was up 8.0% on a year-over-year basis. Fortive has set its FY 2026 guidance at 2.950-3.050 EPS. Equities analysts anticipate that Fortive will post 3.02 earnings per share for the current fiscal year.

Fortive Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 4th will be paid a $0.07 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.28 annualized dividend and a yield of 0.5%. This is a boost from Fortive's previous quarterly dividend of $0.06. Fortive's dividend payout ratio is currently 16.57%.

Fortive Company Profile

Fortive Corporation NYSE: FTV is a diversified industrial technology company that develops and provides essential products, software and services for customers in healthcare, manufacturing, utilities, commercial facilities and other professional markets. Its businesses focus on improving workplace productivity, safety, compliance, asset performance and operational efficiency.

Fortive's portfolio has included brands such as Fluke, Tektronix, Industrial Scientific, Accruent, Gordian, Provation and ASP.

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