Fortive (FTV) Projected to Release Quarterly Earnings on Wednesday

Fortive (NYSE:FTV - Get Free Report) will likely be announcing its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect Fortive to announce earnings of $0.7040 per share and revenue of $1.07 billion for the quarter. Fortive has set its FY 2026 guidance at 2.950-3.050 EPS. Individuals may visit the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 12:00 PM ET.

Fortive (NYSE:FTV - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The technology company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.03. Fortive had a return on equity of 15.33% and a net margin of 12.38%. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same period in the prior year, the company posted $0.90 EPS. The firm's revenue for the quarter was up 8.0% compared to the same quarter last year. On average, analysts expect Fortive to post $3.02 EPS for the current fiscal year and $3.24 EPS for the next fiscal year.

Fortive Trading Up 1.5%

Shares of FTV opened at $58.33 on Wednesday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.24 and a quick ratio of 1.00. Fortive has a 1 year low of $48.88 and a 1 year high of $64.56. The company has a 50 day simple moving average of $57.46 and a two-hundred day simple moving average of $59.43. The firm has a market cap of $17.62 billion, a P/E ratio of 34.51, a price-to-earnings-growth ratio of 2.38 and a beta of 1.07.

Fortive Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 4th were issued a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 0.5%. This is a boost from Fortive's previous quarterly dividend of $0.06. The ex-dividend date of this dividend was Friday, September 4th. Fortive's payout ratio is presently 16.57%.

Insider Activity at Fortive

In related news, SVP Peter C. Underwood sold 8,662 shares of the firm's stock in a transaction on Monday, August 10th. The shares were sold at an average price of $61.59, for a total value of $533,492.58. Following the completion of the transaction, the senior vice president directly owned 79,118 shares of the company's stock, valued at approximately $4,872,877.62. This trade represents a 9.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.65% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Truist Financial cut their target price on shares of Fortive from $68.00 to $63.00 and set a "hold" rating for the company in a research note on Monday, October 5th. Weiss Ratings downgraded shares of Fortive from a "hold (c)" rating to a "hold (c-)" rating in a report on Thursday, August 27th. Argus reiterated a "buy" rating and issued a $68.00 price target on shares of Fortive in a research note on Wednesday, August 19th. JPMorgan Chase & Co. dropped their price objective on shares of Fortive from $64.00 to $56.00 and set an "underweight" rating for the company in a report on Friday, October 9th. Finally, Evercore started coverage on shares of Fortive in a report on Monday, September 28th. They set a "hold" rating and a $60.00 price objective for the company. Two investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $61.27.

About Fortive

Fortive Corporation NYSE: FTV is a diversified industrial technology company that develops and provides products, software and services designed to improve the productivity, safety, reliability and efficiency of businesses and public-sector organizations. Its offerings support customers in industries including manufacturing, healthcare, utilities, transportation, commercial facilities and government.

The company's portfolio includes electronic test and measurement equipment, calibration and asset-management solutions, workplace and facility-management software, engineering and infrastructure software, product identification and traceability systems, and healthcare technology.

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