Fortive Stock Price, News & Analysis (NYSE:FTV)

Fortive trades on the New York Stock Exchange (NYSE) under the ticker symbol "FTV."

Fortive announced a quarterly dividend on Thursday, August 15th. Stockholders of record on Friday, August 30th will be paid a dividend of $0.07 per share on Friday, September 27th. This represents a $0.28 annualized dividend and a dividend yield of 0.41%. The ex-dividend date of this dividend is Thursday, August 29th. View Fortive's Dividend History.

Fortive Corp (NYSE:FTV) posted its quarterly earnings data on Thursday, July, 25th. The technology company reported $0.90 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.89 by $0.01. The technology company had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.93 billion. Fortive had a net margin of 38.22% and a return on equity of 18.43%. The firm's quarterly revenue was up 16.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.91 earnings per share. View Fortive's Earnings History.

Fortive is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Fortive.

Fortive issued an update on its FY19 earnings guidance on Thursday, July, 25th. The company provided EPS guidance of $3.45-3.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.59.

13 brokers have issued 12 month target prices for Fortive's shares. Their predictions range from $65.00 to $99.00. On average, they anticipate Fortive's stock price to reach $81.6480 in the next year. This suggests a possible upside of 19.8% from the stock's current price. View Analyst Price Targets for Fortive.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortive in the last year. There are currently 1 sell rating, 5 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fortive.

Media coverage about FTV stock has trended somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Fortive earned a news sentiment score of -1.3 on InfoTrie's scale. They also gave media headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Fortive.

Fortive saw a drop in short interest in August. As of August 31st, there was short interest totalling 7,406,500 shares, a drop of 17.2% from the July 31st total of 8,939,900 shares. Based on an average daily volume of 1,710,000 shares, the days-to-cover ratio is currently 4.3 days. Currently, 2.5% of the company's shares are short sold. View Fortive's Current Options Chain.

Some companies that are related to Fortive include Roper Technologies (ROP), Keysight Technologies (KEYS), Cognex (CGNX), Sensata Technologies (ST), MKS Instruments (MKSI), Mesa Laboratories (MLAB), Rudolph Technologies (RTEC), Hurco Companies (HURC), Crawford United (CRAWA), Hickok (HICKA), Clearsign Combustion (CLIR), International Isotopes (INIS), Sypris Solutions (SYPR), Electro-Sensors (ELSE) and Schmitt Industries (SMIT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Fortive investors own include Visa (V), Corbus Pharmaceuticals (CRBP), HP (HPQ), Lowe's Companies (LOW), NVIDIA (NVDA), Western Digital (WDC), Viveve Medical (VIVE), Danaher (DHR), Micron Technology (MU) and Paypal (PYPL).

Fortive's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.63%), Brown Advisory Inc. (1.80%), Northern Trust Corp (1.30%), Nuveen Asset Management LLC (1.16%), Bessemer Group Inc. (0.80%) and Winslow Capital Management LLC (0.71%). Company insiders that own Fortive stock include Alan G Spoon, Barbara B Hulit, Charles E Mclaughlin, Emily A Weaver, James A Lico, Jonathan L Schwarz, Martin Gafinowitz, Raj Ratnakar, Stacey A Walker and William W Pringle. View Institutional Ownership Trends for Fortive.

FTV stock was sold by a variety of institutional investors in the last quarter, including Atlanta Capital Management Co. L L C, Amundi Pioneer Asset Management Inc., Brown Advisory Inc., Vanguard Group Inc., Victory Capital Management Inc., Jennison Associates LLC, Jennison Associates LLC and Argent Capital Management LLC. Company insiders that have sold Fortive company stock in the last year include Barbara B Hulit, Emily A Weaver, James A Lico, Jonathan L Schwarz, Martin Gafinowitz, Stacey A Walker and William W Pringle. View Insider Buying and Selling for Fortive.

FTV stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Baillie Gifford & Co., Schroder Investment Management Group, CIBC Private Wealth Group LLC, D. E. Shaw & Co. Inc., Winslow Capital Management LLC, Elkfork Partners LLC and Glen Harbor Capital Management LLC. View Insider Buying and Selling for Fortive.

Shares of FTV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of FTV stock can currently be purchased for approximately $68.18.

Fortive has a market capitalization of $22.88 billion and generates $6.45 billion in revenue each year. The technology company earns $2.91 billion in net income (profit) each year or $3.06 on an earnings per share basis. Fortive employs 24,000 workers across the globe.View Additional Information About Fortive.

The official website for Fortive is http://www.fortive.com/.

Fortive's mailing address is 6920 SEAWAY BLVD., EVERETT WA, 98203. The technology company can be reached via phone at 425-446-5000 or via email at [email protected]