Munich Reinsurance Co Stock Corp in Munich Acquires New Holdings in Fortive Corporation $FTV

Key Points

• Munich Re acquired a new stake of 93,935 shares in Fortive in Q4, valued at about $5.26 million, and institutional investors now own roughly 94.94% of the stock.
• Fortive beat Q4 expectations with EPS $0.90 (vs. $0.83 est.) and revenue $1.12B (vs. $1.09B), and set FY2026 guidance of 2.900–3.000 EPS (analysts expect ~2.94).
• The company has a market cap of $18.81B and a PE of 35.31, pays a quarterly dividend of $0.06 (≈0.4% yield), and carries an average analyst rating of Hold with a $60 target price.

Munich Reinsurance Co Stock Corp in Munich acquired a new stake in Fortive Corporation (NYSE:FTV - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 93,935 shares of the technology company's stock, valued at approximately $5,255,000.

Other institutional investors and hedge funds have also modified their holdings of the company. HighTower Advisors LLC grew its position in shares of Fortive by 208.8% in the 3rd quarter. HighTower Advisors LLC now owns 32,938 shares of the technology company's stock valued at $1,614,000 after purchasing an additional 22,271 shares during the period. Brookstone Capital Management boosted its position in Fortive by 49.8% during the 3rd quarter. Brookstone Capital Management now owns 76,393 shares of the technology company's stock worth $3,742,000 after acquiring an additional 25,397 shares during the last quarter. Y Intercept Hong Kong Ltd boosted its position in Fortive by 96.4% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 73,423 shares of the technology company's stock worth $3,597,000 after acquiring an additional 36,037 shares during the last quarter. Rakuten Investment Management Inc. acquired a new position in Fortive during the 3rd quarter worth approximately $2,834,000. Finally, J. Safra Sarasin Holding AG acquired a new position in Fortive during the 3rd quarter worth approximately $1,333,000. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Fortive Stock Down 0.0%

FTV opened at $61.09 on Friday. Fortive Corporation has a 1-year low of $46.34 and a 1-year high of $74.67. The stock's fifty day simple moving average is $57.39 and its 200 day simple moving average is $54.72. The company has a current ratio of 0.71, a quick ratio of 0.58 and a debt-to-equity ratio of 0.36. The stock has a market cap of $18.81 billion, a PE ratio of 35.31, a price-to-earnings-growth ratio of 3.31 and a beta of 1.09.

Fortive (NYSE:FTV - Get Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The technology company reported $0.90 earnings per share 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 business had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.09 billion. During the same quarter in the prior year, the business earned $1.17 EPS. The firm's revenue for the quarter 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, research analysts expect that Fortive Corporation will post 2.94 earnings per share for the current year.

Fortive Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research firms have weighed in on FTV. Wells Fargo & Company reduced their price target on Fortive from $65.00 to $58.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 1st. Royal Bank Of Canada upped their price objective on Fortive from $56.00 to $65.00 and gave the stock a "sector perform" rating in a research note on Thursday, February 5th. Zacks Research cut Fortive from a "strong-buy" rating to a "hold" rating in a research note on Tuesday. Weiss Ratings reiterated a "hold (c-)" rating on shares of Fortive in a research note on Monday, December 29th. Finally, Robert W. Baird set a $65.00 price target on Fortive in a research note on Thursday, February 5th. Two research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Fortive currently has an average rating of "Hold" and an average target price of $60.00.

Insiders Place Their Bets

In other Fortive news, Director Kate Mitchell sold 7,131 shares of the 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 $1,853,753.50. This trade represents a 18.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.92% of the stock is owned by insiders.

Fortive Profile

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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