Fortive Corporation (NYSE:FTV) Given Consensus Recommendation of "Hold" by Analysts

Key Points

• Analyst consensus: "Hold" — Fifteen brokers give Fortive an average rating of Hold (2 sell, 10 hold, 2 buy, 1 strong buy) with a mean 12‑month price target of $61.23.
• Quarterly results and guidance: Fortive reported $0.90 EPS vs. $0.83 expected and revenue +4.7% YoY, and set FY2026 guidance of $2.90–3.00 EPS compared with analysts' average forecast of about $4.05.
• Dividend and insider activity: The company announced a $0.06 quarterly dividend (0.4% yield) payable Mar. 27, while director Kate Mitchell sold 7,131 shares and insiders own roughly 0.92% of the stock; institutional ownership is about 94.94%.

Fortive Corporation (NYSE:FTV - Get Free Report) has been assigned an average rating of "Hold" from the fifteen brokerages that are presently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $61.2308.

Several research analysts have issued reports on the company. Mizuho reissued an "underperform" rating and issued a $51.00 target price (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. Wells Fargo & Company raised their price objective on shares of Fortive from $59.00 to $65.00 and gave the stock an "equal weight" rating in a report on Thursday, February 5th. Morgan Stanley upped their target price on shares of Fortive from $53.00 to $58.00 and gave the company an "equal weight" rating in a report on Wednesday. Finally, Royal Bank Of Canada lifted their price target on shares of Fortive from $56.00 to $65.00 and gave the stock a "sector perform" rating in a research note on Thursday, February 5th.

Fortive Price Performance

Shares of FTV opened at $55.57 on Friday. The firm has a fifty day simple moving average of $56.40 and a two-hundred day simple moving average of $53.06. The firm has a market cap of $17.11 billion, a PE ratio of 32.12, a P/E/G ratio of 2.96 and a beta of 1.10. The company has a current ratio of 0.71, a quick ratio of 0.58 and a debt-to-equity ratio of 0.36. Fortive has a 1-year low of $46.34 and a 1-year high of $76.54.

Fortive (NYSE:FTV - Get Free Report) last released its quarterly earnings results on Wednesday, February 4th. The technology company reported $0.90 earnings per share (EPS) for the quarter, topping 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%.During the same period in the prior year, the company posted $1.17 EPS. The company'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. On average, equities analysts anticipate that Fortive will post 4.05 EPS for the current year.

Fortive Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 13th will be given a dividend of $0.06 per share. The ex-dividend date is Friday, March 13th. This represents a $0.24 annualized dividend and a yield of 0.4%. Fortive's payout ratio is 13.87%.

Insider Transactions at Fortive

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

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in FTV. Brighton Jones LLC lifted its holdings in Fortive by 97.1% during the fourth quarter. Brighton Jones LLC now owns 5,706 shares of the technology company's stock valued at $428,000 after purchasing an additional 2,811 shares in the last quarter. Empowered Funds LLC raised its position in shares of 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 purchasing an additional 430 shares during the period. Geneos Wealth Management Inc. lifted its stake 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 buying an additional 357 shares in the last quarter. Allworth Financial LP lifted its stake in shares of Fortive by 98.3% during the 2nd quarter. Allworth Financial LP now owns 1,259 shares of the technology company's stock valued at $66,000 after buying an additional 624 shares in the last quarter. Finally, Creative Planning boosted its holdings in Fortive by 16.7% in the 2nd quarter. Creative Planning now owns 39,681 shares of the technology company's stock worth $2,069,000 after buying an additional 5,665 shares during the period. 94.94% of the stock is currently owned by institutional investors.

Fortive Company 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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