Fortive (NYSE:FTV) Releases FY 2026 Earnings Guidance

Fortive (NYSE:FTV) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.950-3.050 for the period, compared to the consensus estimate of 2.990. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on FTV. Truist Financial increased their target price on shares of Fortive from $61.00 to $67.00 and gave the company a “hold” rating in a research report on Thursday, July 2nd. JPMorgan Chase & Co. upped their price objective on shares of Fortive from $63.00 to $64.00 and gave the company an “underweight” rating in a research note on Tuesday, May 12th. Citigroup increased their price objective on shares of Fortive from $64.00 to $65.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Weiss Ratings restated a “hold (c)” rating on shares of Fortive in a report on Friday, May 22nd. Finally, Zacks Research cut shares of Fortive from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Two analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $63.00.

Fortive Stock Performance

NYSE:FTV opened at $64.09 on Wednesday. The company has a quick ratio of 0.57, a current ratio of 0.71 and a debt-to-equity ratio of 0.43. Fortive has a twelve month low of $46.34 and a twelve month high of $64.56. The company has a fifty day moving average of $61.01 and a 200-day moving average of $58.66. The firm has a market capitalization of $19.38 billion, a P/E ratio of 38.38 and a beta of 1.06.

Fortive (NYSE:FTV) last issued its earnings results on Wednesday, July 29th. The technology company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.03. Fortive had a net margin of 12.84% and a return on equity of 12.66%. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.07 billion. Fortive has set its FY 2026 guidance at 2.950-3.050 EPS. As a group, sell-side analysts anticipate that Fortive will post 2.98 EPS for the current year.

Fortive Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Monday, June 22nd were given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Monday, June 22nd. Fortive’s payout ratio is presently 14.37%.

Fortive declared that its board has authorized a share repurchase program on Monday, May 4th that permits the company to buyback 20,000,000 outstanding shares. This buyback authorization permits the technology company to repurchase shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company’s board believes its shares are undervalued.

Insider Transactions at Fortive

In other Fortive news, SVP Peter C. Underwood sold 47,557 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $60.81, for a total value of $2,891,941.17. Following the completion of the sale, the senior vice president owned 87,780 shares of the company’s stock, valued at approximately $5,337,901.80. This trade represents a 35.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.65% of the company’s stock.

Institutional Trading of Fortive

A number of hedge funds and other institutional investors have recently bought and sold shares of FTV. Brighton Jones LLC lifted its position in Fortive by 97.1% in the 4th quarter. Brighton Jones LLC now owns 5,706 shares of the technology company’s stock valued at $428,000 after acquiring an additional 2,811 shares in the last quarter. Empowered Funds LLC raised its position in Fortive by 6.9% in the 1st quarter. Empowered Funds LLC now owns 6,619 shares of the technology company’s stock valued at $484,000 after buying an additional 430 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in Fortive by 246.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 502 shares of the technology company’s stock valued at $37,000 after acquiring an additional 357 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Fortive by 87.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,270 shares of the technology company’s stock worth $118,000 after acquiring an additional 1,062 shares in the last quarter. Finally, Cerity Partners LLC grew its position in Fortive by 3.3% in the 2nd quarter. Cerity Partners LLC now owns 80,595 shares of the technology company’s stock worth $4,201,000 after purchasing an additional 2,548 shares in the last quarter. Institutional investors own 94.94% 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.