UBS Group AG Raises Stock Position in Fortive Corporation $FTV

Key Points

• UBS Group AG increased its stake in Fortive by 10.2% in Q4 to 6,863,651 shares (about 2.16%), worth roughly $378.9 million, joining multiple large institutional buyers that leave institutional ownership at about 94.94%.
• Fortive beat Q4 expectations with $0.90 EPS (vs. $0.83 est.) and $1.12B revenue (vs. $1.09B est.), and set FY2026 guidance of 2.900–3.000 EPS, roughly in line with the sell‑side consensus of ~2.94 EPS.
• The stock trades with a $19.09B market cap and a P/E of 35.85, a 52‑week range of $46.34–$74.67, and carries a consensus analyst rating of Hold with an average price target of $60.00.

UBS Group AG lifted its stake in shares of Fortive Corporation (NYSE:FTV - Free Report) by 10.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,863,651 shares of the technology company's stock after buying an additional 632,759 shares during the quarter. UBS Group AG owned about 2.16% of Fortive worth $378,942,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of FTV. Dodge & Cox lifted its position in shares of Fortive by 28.4% during the 3rd quarter. Dodge & Cox now owns 42,595,794 shares of the technology company's stock worth $2,086,768,000 after buying an additional 9,422,189 shares during the last quarter. Viking Global Investors LP lifted its position in shares of Fortive by 28.7% during the 3rd quarter. Viking Global Investors LP now owns 20,483,680 shares of the technology company's stock worth $1,003,495,000 after buying an additional 4,571,056 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its position in shares of Fortive by 55.2% during the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 8,709,913 shares of the technology company's stock worth $426,699,000 after buying an additional 3,096,711 shares during the last quarter. Hotchkis & Wiley Capital Management LLC lifted its position in shares of Fortive by 205.6% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 3,719,200 shares of the technology company's stock worth $182,204,000 after buying an additional 2,502,300 shares during the last quarter. Finally, Voloridge Investment Management LLC lifted its position in shares of Fortive by 70.9% during the 3rd quarter. Voloridge Investment Management LLC now owns 2,349,575 shares of the technology company's stock worth $115,106,000 after buying an additional 974,485 shares during the last quarter. Hedge funds and other institutional investors own 94.94% of the company's stock.

Fortive Stock Performance

Shares of FTV opened at $62.02 on Tuesday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.58 and a current ratio of 0.71. The stock has a market capitalization of $19.09 billion, a P/E ratio of 35.85, a P/E/G ratio of 3.31 and a beta of 1.09. The company's fifty day moving average is $57.49 and its two-hundred day moving average is $54.88. Fortive Corporation has a 1 year low of $46.34 and a 1 year high of $74.67.

Fortive (NYSE:FTV - Get Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The technology company reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.07. Fortive had a net margin of 12.48% and a return on equity of 11.98%. The company had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.09 billion. During the same period in the previous year, the company posted $1.17 EPS. Fortive's revenue was up 4.7% compared to the same quarter last year. Fortive has set its FY 2026 guidance at 2.900-3.000 EPS. On average, sell-side analysts predict that Fortive Corporation will post 2.94 earnings per share for the current year.

Fortive Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 13th were paid 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 13.87%.

Insider Buying and Selling at Fortive

In other news, Director Kate Mitchell sold 7,131 shares of the company's stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $58.34, for a total transaction of $416,022.54. Following the transaction, the director directly owned 31,775 shares of the company's stock, valued at $1,853,753.50. This represents a 18.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.92% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on FTV shares. Mizuho restated an "underperform" rating and set a $51.00 price objective (down from $54.00) on shares of Fortive in a research report on Monday, January 5th. JPMorgan Chase & Co. upped their price target on shares of Fortive from $57.00 to $63.00 and gave the company an "underweight" rating in a research report on Wednesday, February 11th. Barclays upped their price target on shares of Fortive from $56.00 to $63.00 and gave the company an "equal weight" rating in a research report on Monday, February 9th. Robert W. Baird set a $65.00 price target on shares of Fortive in a research report on Thursday, February 5th. Finally, Citigroup upped their price target on shares of Fortive from $59.00 to $64.00 and gave the company a "neutral" rating in a research report on Thursday, February 5th. Two 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's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $60.00.

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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