Cwm LLC maintained its stake in Fortive Corporation (NYSE:FTV) during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 1,678 shares of the technology company’s stock at the end of the second quarter. Cwm LLC’s holdings in Fortive Corporation were worth $106,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Quadrant Capital Group LLC increased its stake in shares of Fortive Corporation by 0.4% in the first quarter. Quadrant Capital Group LLC now owns 1,991 shares of the technology company’s stock worth $112,000 after buying an additional 7 shares during the last quarter. CENTRAL TRUST Co increased its stake in shares of Fortive Corporation by 1.0% in the second quarter. CENTRAL TRUST Co now owns 2,313 shares of the technology company’s stock worth $147,000 after buying an additional 23 shares during the last quarter. Advisor Partners LLC increased its stake in shares of Fortive Corporation by 0.7% in the first quarter. Advisor Partners LLC now owns 7,150 shares of the technology company’s stock worth $431,000 after buying an additional 51 shares during the last quarter. Atria Investments LLC increased its stake in shares of Fortive Corporation by 1.4% in the second quarter. Atria Investments LLC now owns 4,570 shares of the technology company’s stock worth $289,000 after buying an additional 61 shares during the last quarter. Finally, Advantus Capital Management Inc increased its stake in shares of Fortive Corporation by 0.4% in the first quarter. Advantus Capital Management Inc now owns 30,300 shares of the technology company’s stock worth $1,825,000 after buying an additional 110 shares during the last quarter. 79.15% of the stock is owned by institutional investors.

Fortive Corporation (NYSE:FTV) opened at 63.61 on Thursday. Fortive Corporation has a 52-week low of $46.81 and a 52-week high of $65.21. The stock’s 50 day moving average is $63.70 and its 200-day moving average is $60.04. The company has a market capitalization of $22.05 billion and a P/E ratio of 24.95.

Fortive Corporation (NYSE:FTV) last announced its quarterly earnings results on Thursday, April 27th. The technology company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.03. Fortive Corporation had a net margin of 14.16% and a return on equity of 34.24%. The firm had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.53 billion. During the same period in the previous year, the business posted $0.60 earnings per share. The business’s revenue for the quarter was up 4.1% on a year-over-year basis. Analysts predict that Fortive Corporation will post $2.75 EPS for the current fiscal year.

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A number of equities research analysts have issued reports on FTV shares. J P Morgan Chase & Co raised shares of Fortive Corporation from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $56.00 to $66.00 in a research report on Friday, March 24th. SunTrust Banks, Inc. raised shares of Fortive Corporation from a “hold” rating to a “buy” rating and set a $67.00 target price for the company in a research report on Wednesday, March 29th. Royal Bank Of Canada initiated coverage on shares of Fortive Corporation in a research report on Thursday, March 23rd. They set a “sector perform” rating and a $63.00 target price for the company. Cowen and Company increased their target price on shares of Fortive Corporation from $46.00 to $52.00 and gave the company a “market perform” rating in a research report on Wednesday, April 19th. Finally, Zacks Investment Research raised shares of Fortive Corporation from a “hold” rating to a “buy” rating and set a $68.00 target price for the company in a research report on Wednesday, April 12th. Nine investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Fortive Corporation currently has a consensus rating of “Hold” and an average target price of $59.92.

In other news, VP Emily A. Weaver sold 3,749 shares of Fortive Corporation stock in a transaction that occurred on Wednesday, May 31st. The shares were sold at an average price of $62.27, for a total value of $233,450.23. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Raj Ratnakar sold 11,642 shares of Fortive Corporation stock in a transaction that occurred on Tuesday, May 23rd. The stock was sold at an average price of $62.31, for a total transaction of $725,413.02. Following the completion of the sale, the vice president now owns 5,020 shares of the company’s stock, valued at $312,796.20. The disclosure for this sale can be found here. Insiders sold 147,385 shares of company stock valued at $9,187,369 over the last quarter.

About Fortive Corporation

Fortive Corporation is a diversified industrial growth company. The Company designs, develops, manufactures and markets professional and engineered products, software and services for a range of end markets. The Company operates through two segments: Professional Instrumentation and Industrial Technologies.

Institutional Ownership by Quarter for Fortive Corporation (NYSE:FTV)

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