Flossbach Von Storch SE Reduces Stake in Fortive Corporation $FTV

Key Points

• Flossbach Von Storch SE trimmed its stake in Fortive by 2.9% in Q4, selling 340,780 shares and now holds 11,305,369 shares (~3.56% of Fortive) worth about $624.17 million, making FTV its 17th-largest position.
• Fortive beat quarterly expectations, reporting $0.90 EPS versus $0.83 expected and $1.12B revenue versus $1.09B, and set FY2026 guidance of $2.90–$3.00 EPS (analysts forecast ~2.94).
• Market sentiment is mixed: the stock has an average analyst rating of "Hold" with a $60 price target after recent downgrades and target cuts, and insiders recently reduced holdings (Director Kate Mitchell sold 7,131 shares).

Flossbach Von Storch SE cut its stake in shares of Fortive Corporation (NYSE:FTV - Free Report) by 2.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,305,369 shares of the technology company's stock after selling 340,780 shares during the period. Fortive accounts for about 2.5% of Flossbach Von Storch SE's portfolio, making the stock its 17th biggest position. Flossbach Von Storch SE owned about 3.56% of Fortive worth $624,169,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of FTV. Brighton Jones LLC boosted its holdings in shares of Fortive by 97.1% in the 4th quarter. Brighton Jones LLC now owns 5,706 shares of the technology company's stock worth $428,000 after purchasing an additional 2,811 shares during the period. Empowered Funds LLC raised its holdings in Fortive by 6.9% during the 1st quarter. Empowered Funds LLC now owns 6,619 shares of the technology company's stock valued at $484,000 after buying an additional 430 shares during the period. Geneos Wealth Management Inc. lifted its position in Fortive by 246.2% in the first quarter. Geneos Wealth Management Inc. now owns 502 shares of the technology company's stock worth $37,000 after buying an additional 357 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in Fortive by 87.9% in the second quarter. EverSource Wealth Advisors LLC now owns 2,270 shares of the technology company's stock worth $118,000 after buying an additional 1,062 shares during the last quarter. Finally, Cerity Partners LLC boosted its stake in Fortive by 3.3% during the second quarter. Cerity Partners LLC now owns 80,595 shares of the technology company's stock worth $4,201,000 after buying an additional 2,548 shares during the period. 94.94% of the stock is owned by institutional investors.

Fortive Stock Performance

Shares of NYSE:FTV opened at $62.02 on Tuesday. The firm's 50 day simple moving average is $57.49 and its 200-day simple moving average is $54.88. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.58 and a current ratio of 0.71. Fortive Corporation has a one year low of $46.34 and a one year high of $74.67. The firm has a market cap of $19.09 billion, a PE ratio of 35.85, a price-to-earnings-growth ratio of 3.31 and a beta of 1.09.

Fortive (NYSE:FTV - Get Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The technology company reported $0.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.83 by $0.07. Fortive had a return on equity of 11.98% and a net margin of 12.48%.The firm had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the previous year, the business earned $1.17 earnings per share. Fortive's quarterly revenue was up 4.7% on a year-over-year basis. Fortive has set its FY 2026 guidance at 2.900-3.000 EPS. As a group, equities analysts predict that Fortive Corporation will post 2.94 EPS for the current year.

Fortive Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 13th were given a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, March 13th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.4%. Fortive's dividend payout ratio is presently 13.87%.

Insider Activity at Fortive

In other news, Director Kate Mitchell sold 7,131 shares of the firm's stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $58.34, for a total transaction of $416,022.54. Following the transaction, the director owned 31,775 shares in the company, valued at approximately $1,853,753.50. This trade represents a 18.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.92% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on FTV shares. Zacks Research downgraded shares of Fortive from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 21st. Wells Fargo & Company dropped their price target on shares of Fortive from $65.00 to $58.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 1st. Robert W. Baird set a $65.00 price objective on shares of Fortive in a research report on Thursday, February 5th. Mizuho reissued an "underperform" rating and issued a $51.00 price objective (down from $54.00) on shares of Fortive in a research note on Monday, January 5th. Finally, JPMorgan Chase & Co. boosted their target price on Fortive from $57.00 to $63.00 and gave the company an "underweight" rating in a research report on Wednesday, February 11th. Two analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $60.00.

About Fortive

Fortive Corporation NYSE: FTV is a diversified industrial technology company headquartered in Everett, Washington. The company was created through a spin‑off from Danaher Corporation in 2016 and has since focused on building a portfolio of professional instrumentation and industrial technology businesses. In 2020 Fortive completed a further portfolio separation with the spin‑off of Vontier, concentrating Fortive's activities on higher‑margin instrumentation, software and services.

Fortive's operations center on professional test and measurement, sensing and monitoring, software‑enabled solutions, and lifecycle services that support industrial and commercial customers.

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