What is Seaport Res Ptn's Forecast for Fortive Q2 Earnings?

Key Points

• Seaport Res Ptn has reduced its Q2 2026 earnings estimate for Fortive Corporation to $0.65 per share, down from the previous forecast of $0.66.
• Fortive's latest quarterly earnings report showed an EPS of $0.58, which missed the consensus estimate of $0.60, with revenues falling short at $1.52 billion.
• The stock has received mixed ratings from equity analysts, with a consensus rating of "Hold" and a target price of $62.79, reflecting uncertainty in its future performance.

Fortive Corporation (NYSE:FTV - Free Report) - Investment analysts at Seaport Res Ptn reduced their Q2 2026 earnings estimates for shares of Fortive in a note issued to investors on Wednesday, October 1st. Seaport Res Ptn analyst S. Graham now expects that the technology company will post earnings per share of $0.65 for the quarter, down from their previous forecast of $0.66. 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 $0.88 EPS.

Fortive (NYSE:FTV - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The technology company reported $0.58 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.02). The business had revenue of $1.52 billion during the quarter, compared to analysts' expectations of $1.54 billion. Fortive had a net margin of 13.62% and a return on equity of 11.96%. Fortive's revenue was down .4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.93 earnings per share. Fortive has set its FY 2025 guidance at 2.500-2.600 EPS.

A number of other equities analysts have also commented on FTV. TD Cowen lowered Fortive from a "buy" rating to a "hold" rating and dropped their price target for the company from $85.00 to $50.00 in a research note on Tuesday, July 15th. Zacks Research raised shares of Fortive from a "strong sell" rating to a "hold" rating in a research note on Monday, September 15th. BNP Paribas restated a "neutral" rating on shares of Fortive in a report on Thursday, June 12th. Cowen lowered shares of Fortive from a "buy" rating to a "hold" rating in a report on Tuesday, July 15th. Finally, Melius lowered shares of Fortive from a "buy" rating to a "hold" rating and set a $62.00 price target for the company. in a research report on Tuesday, July 22nd. Four research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $62.79.

Fortive Stock Performance

FTV opened at $49.76 on Friday. The company has a fifty day moving average of $48.37 and a 200 day moving average of $60.19. Fortive has a fifty-two week low of $46.34 and a fifty-two week high of $83.32. The stock has a market capitalization of $16.84 billion, a price-to-earnings ratio of 22.41, a PEG ratio of 3.18 and a beta of 1.15. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.82 and a current ratio of 0.98.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. True Wealth Design LLC raised its position in Fortive by 815.4% during the second quarter. True Wealth Design LLC now owns 476 shares of the technology company's stock worth $25,000 after acquiring an additional 424 shares during the period. Accent Capital Management LLC acquired a new position in Fortive in the 1st quarter valued at about $26,000. Global X Japan Co. Ltd. grew its holdings in shares of Fortive by 114.2% during the 1st 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. Geneos Wealth Management Inc. boosted its position 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 worth $37,000 after purchasing an additional 357 shares during the period. Finally, Capital Analysts LLC grew its stake in shares of Fortive by 41.0% in the first quarter. Capital Analysts LLC now owns 523 shares of the technology company's stock valued at $38,000 after buying an additional 152 shares in the last quarter. 94.94% of the stock is owned by institutional investors and hedge funds.

Fortive Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Friday, September 12th were issued a $0.06 dividend. The ex-dividend date of this dividend was Friday, September 12th. This represents a $0.24 dividend on an annualized basis and a yield of 0.5%. Fortive's payout ratio is presently 10.81%.

About Fortive

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.