New York State Teachers Retirement System Sells 15,493 Shares of Fortive Corporation $FTV

New York State Teachers Retirement System lessened its holdings in shares of Fortive Corporation (NYSE:FTV) by 5.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 276,566 shares of the technology company’s stock after selling 15,493 shares during the period. New York State Teachers Retirement System owned about 0.09% of Fortive worth $15,269,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of FTV. Park Avenue Securities LLC lifted its stake in shares of Fortive by 2.5% during the 4th quarter. Park Avenue Securities LLC now owns 8,401 shares of the technology company’s stock worth $464,000 after acquiring an additional 208 shares during the last quarter. Transcend Capital Advisors LLC boosted its holdings in Fortive by 4.8% during the 4th quarter. Transcend Capital Advisors LLC now owns 5,534 shares of the technology company’s stock valued at $306,000 after acquiring an additional 252 shares during the period. Turning Point Benefit Group Inc. grew its position in Fortive by 15.5% in the 4th quarter. Turning Point Benefit Group Inc. now owns 2,039 shares of the technology company’s stock valued at $113,000 after acquiring an additional 274 shares during the last quarter. GAMMA Investing LLC increased its stake in Fortive by 13.1% in the fourth quarter. GAMMA Investing LLC now owns 2,516 shares of the technology company’s stock worth $139,000 after purchasing an additional 291 shares during the period. Finally, CX Institutional increased its stake in Fortive by 8.7% in the third quarter. CX Institutional now owns 3,693 shares of the technology company’s stock worth $181,000 after purchasing an additional 296 shares during the period. Institutional investors own 94.94% of the company’s stock.

More Fortive News

Here are the key news stories impacting Fortive this week:

• Positive Sentiment: Q1 results: Fortive reported stronger-than-expected Q1 results — core revenue growth (~5%), adjusted EBITDA up ~13%, and adjusted EPS growth of ~25% with reported revenue of $2.14B and EPS of $0.70, topping consensus estimates. This beat is cited as the primary near-term fundamental upside. Fortive Reports First Quarter 2026 Results
• Positive Sentiment: Analyst reaction: Royal Bank of Canada raised its price target from $59 to $63 (sector perform), signaling some analyst confidence in the beat and the company’s strategy execution. The raise provides modest upside support. RBC raises Fortive price target to $63
• Neutral Sentiment: Earnings coverage & detail: Multiple transcripts and call highlights (earnings call transcript and slide deck) provide detail on demand strength and execution of the “Fortive Accelera” strategy; useful for judgment but not new catalyst. Fortive Corporation (FTV) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Industry note: Zacks’ industry outlook singled out AMETEK and Fortive among peers — a thematic mention that can influence relative-sector flows but is not a company-specific catalyst. Zacks Industry Outlook Highlights AMETEK and Fortive
• Negative Sentiment: Guidance and YoY EPS comparisons: Fortive set FY2026 adjusted EPS guidance of $2.90–$3.00 vs. consensus ~2.96 — roughly in line but slightly light at the midpoint — and GAAP EPS this quarter fell vs. the prior year (Q1 2026 $0.70 vs. Q1 2025 $0.85), which is keeping some investors cautious about growth durability. Fortive (NYSE:FTV) Beats Q1 CY2026 Sales Expectations

Fortive Stock Performance

Shares of Fortive stock opened at $59.20 on Monday. The firm has a market cap of $18.23 billion, a P/E ratio of 35.45, a P/E/G ratio of 3.19 and a beta of 1.09. The company has a current ratio of 0.71, a quick ratio of 0.57 and a debt-to-equity ratio of 0.43. Fortive Corporation has a 12 month low of $46.34 and a 12 month high of $74.67. The stock’s fifty day moving average price is $57.70 and its 200-day moving average price is $55.15.

Fortive (NYSE:FTV) last released its quarterly earnings data on Thursday, April 30th. The technology company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.06. Fortive had a return on equity of 12.66% and a net margin of 12.84%.The firm had revenue of $2.14 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same period in the previous year, the company posted $0.85 earnings per share. The firm’s quarterly revenue was up 7.7% on a year-over-year basis. Fortive has set its FY 2026 guidance at 2.900-3.000 EPS. On average, equities research analysts expect that Fortive Corporation will post 2.94 earnings per share for the current fiscal year.

Fortive Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 13th were given a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Friday, March 13th. Fortive’s dividend payout ratio is presently 13.87%.

Wall Street Analysts Forecast Growth

FTV has been the subject of a number of recent analyst reports. Zacks Research lowered shares of Fortive from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Citigroup raised their price target on shares of Fortive from $64.00 to $65.00 and gave the stock a “neutral” rating in a research note on Friday. Morgan Stanley lifted their price objective on shares of Fortive from $53.00 to $58.00 and gave the company an “equal weight” rating in a report on Wednesday, March 18th. JPMorgan Chase & Co. boosted their price objective on shares of Fortive from $57.00 to $63.00 and gave the company an “underweight” rating in a research report on Wednesday, February 11th. Finally, Truist Financial dropped their target price on shares of Fortive from $57.00 to $56.00 and set a “hold” rating on the stock in a research note on Monday, April 20th. Two analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $59.92.

Insider Buying and Selling at Fortive

In other news, Director Kate Mitchell sold 7,131 shares of the stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $58.34, for a total transaction of $416,022.54. Following the transaction, the director directly owned 31,775 shares in the company, valued at approximately $1,853,753.50. This trade represents a 18.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.92% of the company’s stock.

Fortive Company Profile

Fortive Corporation (NYSE: FTV) is a diversified industrial technology company headquartered in Everett, Washington. The company was created through a spin‑off from Danaher Corporation in 2016 and has since focused on building a portfolio of professional instrumentation and industrial technology businesses. In 2020 Fortive completed a further portfolio separation with the spin‑off of Vontier, concentrating Fortive’s activities on higher‑margin instrumentation, software and services.

Fortive’s operations center on professional test and measurement, sensing and monitoring, software‑enabled solutions, and lifecycle services that support industrial and commercial customers.