Fortive (NYSE:FTV) Releases Q2 2025 Earnings Guidance

Fortive (NYSE:FTV - Get Free Report) issued an update on its second quarter 2025 earnings guidance on Friday morning. The company provided earnings per share guidance of 0.850-0.900 for the period, compared to the consensus earnings per share estimate of 0.890. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Barclays reissued an "overweight" rating and set a $86.00 target price (up previously from $84.00) on shares of Fortive in a research note on Tuesday, June 3rd. Robert W. Baird reduced their price objective on shares of Fortive from $88.00 to $82.00 and set an "outperform" rating on the stock in a research report on Wednesday, May 7th. Royal Bank Of Canada boosted their target price on shares of Fortive from $78.00 to $79.00 and gave the stock a "sector perform" rating in a report on Monday, June 9th. JPMorgan Chase & Co. raised their target price on shares of Fortive from $73.00 to $87.00 and gave the company an "overweight" rating in a research note on Friday, May 16th. Finally, Truist Financial reduced their price target on shares of Fortive from $90.00 to $81.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Fortive currently has a consensus rating of "Moderate Buy" and a consensus target price of $82.62.

Fortive Stock Up 0.3%

Shares of NYSE:FTV opened at $69.81 on Friday. The company has a market cap of $23.73 billion, a price-to-earnings ratio of 30.62, a PEG ratio of 2.89 and a beta of 1.11. Fortive has a 12 month low of $60.39 and a 12 month high of $83.32. The company has a current ratio of 0.99, a quick ratio of 0.78 and a debt-to-equity ratio of 0.29. The company has a 50-day moving average price of $69.66 and a 200 day moving average price of $74.09.

Fortive (NYSE:FTV - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The technology company reported $0.85 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.85. The business had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.49 billion. Fortive had a return on equity of 13.19% and a net margin of 12.90%. The company's quarterly revenue was down 3.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.83 earnings per share. As a group, equities research analysts predict that Fortive will post 4.05 earnings per share for the current year.

Fortive Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Wednesday, April 30th will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.46%. The ex-dividend date is Friday, May 30th. Fortive's payout ratio is 14.04%.

Fortive announced that its Board of Directors has authorized a stock buyback plan on Tuesday, May 27th that permits the company to repurchase 15,630,000 outstanding shares. This repurchase authorization permits the technology company to buy shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's management believes its stock is undervalued.

Insider Activity

In related news, CEO James A. Lico sold 175,000 shares of the business's stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $72.40, for a total transaction of $12,670,000.00. Following the completion of the transaction, the chief executive officer now owns 428,585 shares in the company, valued at $31,029,554. The trade was a 28.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Peter C. Underwood sold 14,327 shares of the company's stock in a transaction on Monday, May 12th. The shares were sold at an average price of $73.88, for a total value of $1,058,478.76. Following the completion of the transaction, the senior vice president now directly owns 51,750 shares in the company, valued at $3,823,290. This trade represents a 21.68% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.92% of the company's stock.

Institutional Trading of Fortive

Large investors have recently made changes to their positions in the stock. Brighton Jones LLC boosted its position in Fortive by 97.1% in the 4th quarter. Brighton Jones LLC now owns 5,706 shares of the technology company's stock valued at $428,000 after buying an additional 2,811 shares during the period. Empowered Funds LLC raised its stake in shares of Fortive by 6.9% during the first quarter. Empowered Funds LLC now owns 6,619 shares of the technology company's stock valued at $484,000 after acquiring an additional 430 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of Fortive by 246.2% in the first quarter. Geneos Wealth Management Inc. now owns 502 shares of the technology company's stock valued at $37,000 after purchasing an additional 357 shares during the period. 94.94% of the stock is owned by hedge funds and other institutional investors.

Fortive Company Profile

Fortive Corporation designs, develops, manufactures, and services professional and engineered products, software, and services in the United States, China, and internationally. It operates in three segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment provides advanced instrumentation, software, and services, including electrical test and measurement, facility and asset lifecycle software applications, and connected worker safety and compliance solutions for manufacturing, process industries, healthcare, utilities and power, communications and electronics, and other industries.

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