NYSE:FTV - Fortive Stock Price, Forecast & News

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

Fortive announced a quarterly dividend on Tuesday, January 28th. Investors of record on Friday, February 28th will be given a dividend of $0.07 per share on Friday, March 27th. This represents a $0.28 dividend on an annualized basis and a yield of 0.36%. The ex-dividend date is Thursday, February 27th. View Fortive's Dividend History.

Fortive Corp (NYSE:FTV) posted its earnings results on Thursday, February, 6th. The technology company reported $1.03 earnings per share for the quarter, topping analysts' consensus estimates of $0.97 by $0.06. The technology company earned $2 billion during the quarter, compared to analyst estimates of $1.95 billion. The business's revenue was up 13.9% on a year-over-year basis. During the same period last year, the firm earned $0.91 earnings per share. View Fortive's Earnings History.

Fortive is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Fortive.

Fortive issued an update on its FY20 earnings guidance on Thursday, February, 6th. The company provided EPS guidance of $3.68-3.78 for the period, compared to the Thomson Reuters consensus estimate of $3.78.

15 brokerages have issued 12 month price targets for Fortive's shares. Their forecasts range from $65.00 to $99.00. On average, they anticipate Fortive's stock price to reach $81.92 in the next year. This suggests a possible upside of 5.3% from the stock's current price. View Analyst Price Targets for Fortive.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortive in the last year. There are currently 1 sell rating, 6 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Fortive.

News stories about FTV stock have trended neutral recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Fortive earned a news sentiment score of 0.2 on InfoTrie's scale. They also gave headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Fortive.

Fortive saw a drop in short interest during the month of January. As of January 15th, there was short interest totalling 6,760,000 shares, a drop of 5.2% from the December 31st total of 7,130,000 shares. Based on an average daily volume of 1,790,000 shares, the days-to-cover ratio is presently 3.8 days. Currently, 2.3% of the shares of the stock are short sold. View Fortive's Current Options Chain.

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), Western Digital (WDC), Viveve Medical (VIVE), NVIDIA (NVDA), Danaher (DHR), The Coca-Cola (KO) and Paypal (PYPL).

Fortive's stock is owned by many different of institutional and retail investors. Top institutional investors include Massachusetts Financial Services Co. MA (2.37%), Artisan Partners Limited Partnership (2.30%), Champlain Investment Partners LLC (0.94%), Bessemer Group Inc. (0.72%), Bank of New York Mellon Corp (0.63%) and Baillie Gifford & Co. (0.58%). 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 CIBC Private Wealth Group LLC, Schroder Investment Management Group, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, Public Employees Retirement Association of Colorado, Marshall Wace LLP, Williams Jones Wealth Management LLC., King Luther Capital Management Corp and Renaissance Technologies LLC. Company insiders that have sold Fortive company stock in the last year include Barbara B Hulit, Emily A Weaver, 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 Artisan Partners Limited Partnership, William Blair Investment Management LLC, Parnassus Investments CA, Marshall Wace North America L.P., Alyeska Investment Group L.P., Point72 Asset Management L.P., Massachusetts Financial Services Co. MA and Cipher Capital LP. 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 $77.81.