Seaport Res Ptn Brokers Boost Earnings Estimates for Fortive

Key Points

• Seaport Res Ptn has increased its Q4 2025 earnings estimate for Fortive to $0.82 per share from a previous estimate of $0.77.
• Fortive's recent earnings report showed EPS of $0.58, missing expectations of $0.60, with a revenue of $1.52 billion compared to the anticipated $1.54 billion.
• Several analysts have adjusted their ratings for Fortive, with Barclays reducing its price target significantly from $86 to $58, reflecting a cautious outlook.

Fortive Corporation (NYSE:FTV - Free Report) - Equities researchers at Seaport Res Ptn increased their Q4 2025 earnings per share (EPS) estimates for Fortive in a report released on Wednesday, July 30th. Seaport Res Ptn analyst S. Graham now anticipates that the technology company will earn $0.82 per share for the quarter, up from their previous estimate of $0.77. The consensus estimate for Fortive's current full-year earnings is $4.05 per share. Seaport Res Ptn also issued estimates for Fortive's Q4 2026 earnings at $0.86 EPS.

A number of other equities research analysts also recently issued reports on FTV. Truist Financial reiterated a "hold" rating and set a $55.00 price target (down from $60.00) on shares of Fortive in a research report on Thursday, July 31st. Barclays lowered their price target on Fortive from $86.00 to $58.00 and set an "overweight" rating for the company in a research report on Wednesday, July 9th. Mizuho reduced their price objective on Fortive from $85.00 to $65.00 and set an "outperform" rating on the stock in a research note on Wednesday, July 16th. Royal Bank Of Canada dropped their price target on shares of Fortive from $58.00 to $56.00 and set a "sector perform" rating on the stock in a research note on Thursday, July 31st. Finally, Robert W. Baird decreased their price objective on shares of Fortive from $88.00 to $82.00 and set an "outperform" rating for the company in a report on Wednesday, May 7th. Thirteen analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, Fortive currently has an average rating of "Hold" and a consensus target price of $65.86.

Fortive Stock Performance

Shares of Fortive stock traded down $0.79 during trading hours on Monday, hitting $47.61. 5,499,458 shares of the company were exchanged, compared to its average volume of 3,262,901. The company has a current ratio of 0.98, a quick ratio of 0.82 and a debt-to-equity ratio of 0.28. The business has a 50-day moving average of $60.27 and a 200-day moving average of $69.08. Fortive has a 1 year low of $46.35 and a 1 year high of $83.32. The stock has a market capitalization of $16.11 billion, a price-to-earnings ratio of 21.45, a P/E/G ratio of 2.99 and a beta of 1.08.

Fortive (NYSE:FTV - Get Free Report) last announced its earnings results on Wednesday, July 30th. The technology company reported $0.58 EPS for the quarter, missing analysts' consensus estimates of $0.60 by ($0.02). Fortive had a net margin of 13.62% and a return on equity of 11.96%. The business had revenue of $1.52 billion during the quarter, compared to analysts' expectations of $1.54 billion. During the same period in the previous year, the company posted $0.93 earnings per share. Fortive's quarterly revenue was down .4% on a year-over-year basis.

Fortive declared that its Board of Directors has initiated a share buyback program on Tuesday, May 27th that authorizes the company to buyback 15,630,000 outstanding shares. This buyback authorization authorizes the technology company to repurchase shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's management believes its shares are undervalued.

Insiders Place Their Bets

In other news, CEO James A. Lico sold 175,000 shares of the firm's stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $72.40, for a total value of $12,670,000.00. Following the completion of the sale, the chief executive officer owned 428,585 shares of the company's stock, valued at $31,029,554. This trade represents a 28.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Peter C. Underwood sold 14,327 shares of the firm's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $73.88, for a total value of $1,058,478.76. Following the sale, the senior vice president owned 51,750 shares of the company's stock, valued at $3,823,290. The trade was a 21.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.92% of the stock is owned by insiders.

Institutional Trading of Fortive

A number of institutional investors and hedge funds have recently modified their holdings of the company. Parvin Asset Management LLC bought a new position in shares of Fortive in the fourth quarter worth about $26,000. American National Bank & Trust acquired a new stake in Fortive in the 1st quarter worth $26,000. Accent Capital Management LLC acquired a new stake in shares of Fortive during the 1st quarter worth approximately $26,000. Global X Japan Co. Ltd. lifted its position in Fortive by 114.2% in the first quarter. Global X Japan Co. Ltd. now owns 377 shares of the technology company's stock worth $28,000 after purchasing an additional 201 shares during the period. Finally, Park Square Financial Group LLC bought a new stake in Fortive in the fourth quarter valued at $30,000. 94.94% of the stock is currently owned by institutional investors and hedge funds.

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.