Fortive (NYSE:FTV) Stock Unloaded Rep. Lisa C. McClain

Key Points

• Representative Lisa C. McClain sold between $1,001 and $15,000 in shares of Fortive Corporation (NYSE:FTV) on July 10th from her brokerage account.
• Fortive's stock is currently priced at $48.11 and has shown a 0.6% increase; however, it reported lower than expected earnings with $0.58 EPS for the last quarter.
• A board-approved share repurchase program allows Fortive to buy back approximately 15.6 million shares, indicating confidence in the stock's undervaluation.

Representative Lisa C. McClain (R-Michigan) recently sold shares of Fortive Corporation NYSE: FTV. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Fortive stock on July 10th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Fortive Price Performance

Shares of FTV traded up $0.15 during trading hours on Wednesday, hitting $48.31. The stock had a trading volume of 3,164,633 shares, compared to its average volume of 3,322,449. The company's fifty day moving average is $55.47 and its two-hundred day moving average is $66.80. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.98 and a quick ratio of 0.82. Fortive Corporation has a 52 week low of $46.34 and a 52 week high of $83.32. The stock has a market capitalization of $16.35 billion, a price-to-earnings ratio of 21.74, a P/E/G ratio of 3.02 and a beta of 1.08.

Fortive (NYSE:FTV - Get Free Report) last posted its earnings results on Wednesday, July 30th. The technology company reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.02). Fortive had a return on equity of 11.96% and a net margin of 13.62%.The firm had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.54 billion. During the same period in the previous year, the company posted $0.93 EPS. The firm's revenue for the quarter was down .4% compared to the same quarter last year. Fortive has set its FY 2025 guidance at 2.500-2.600 EPS. On average, analysts anticipate that Fortive Corporation will post 4.05 EPS for the current year.

Fortive announced that its Board of Directors has initiated a stock buyback plan on Tuesday, May 27th that allows the company to repurchase 15,630,000 outstanding shares. This repurchase authorization allows the technology company to reacquire shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its stock is undervalued.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in FTV. Redmond Asset Management LLC raised its position in shares of Fortive by 1.0% in the 1st quarter. Redmond Asset Management LLC now owns 14,515 shares of the technology company's stock valued at $1,062,000 after acquiring an additional 142 shares during the period. Capital Analysts LLC raised its position in shares of Fortive by 41.0% in the 1st quarter. Capital Analysts LLC now owns 523 shares of the technology company's stock valued at $38,000 after acquiring an additional 152 shares during the period. Tandem Capital Management Corp ADV raised its position in shares of Fortive by 0.6% in the 1st quarter. Tandem Capital Management Corp ADV now owns 27,557 shares of the technology company's stock valued at $2,017,000 after acquiring an additional 160 shares during the period. Forum Financial Management LP increased its stake in Fortive by 2.3% during the 1st quarter. Forum Financial Management LP now owns 7,119 shares of the technology company's stock worth $521,000 after purchasing an additional 161 shares in the last quarter. Finally, RDA Financial Network increased its stake in Fortive by 3.5% during the 1st quarter. RDA Financial Network now owns 4,965 shares of the technology company's stock worth $363,000 after purchasing an additional 169 shares in the last quarter. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

FTV has been the topic of several analyst reports. Melius Research raised shares of Fortive to a "hold" rating in a report on Tuesday, July 22nd. Mizuho decreased their price objective on shares of Fortive from $85.00 to $65.00 and set an "outperform" rating on the stock in a report on Wednesday, July 16th. BNP Paribas reissued a "neutral" rating on shares of Fortive in a report on Thursday, June 12th. Wells Fargo & Company decreased their price objective on shares of Fortive from $72.00 to $55.00 and set an "equal weight" rating on the stock in a report on Tuesday, July 1st. Finally, Royal Bank Of Canada decreased their price objective on shares of Fortive from $58.00 to $56.00 and set a "sector perform" rating on the stock in a report on Thursday, July 31st. Five research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $65.57.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

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.