Fortive Corporation $FTV Position Boosted by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp grew its stake in shares of Fortive Corporation (NYSE:FTV) by 97.0% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 24,833 shares of the technology company’s stock after acquiring an additional 12,230 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Fortive were worth $1,373,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Root Financial Partners LLC lifted its stake in Fortive by 43.6% in the fourth quarter. Root Financial Partners LLC now owns 553 shares of the technology company’s stock valued at $31,000 after acquiring an additional 168 shares during the last quarter. Rothschild Investment LLC grew its position in shares of Fortive by 20.5% in the fourth quarter. Rothschild Investment LLC now owns 1,113 shares of the technology company’s stock valued at $61,000 after purchasing an additional 189 shares during the last quarter. Empowered Funds LLC increased its position in Fortive by 2.3% in the 4th quarter. Empowered Funds LLC now owns 8,733 shares of the technology company’s stock worth $482,000 after buying an additional 197 shares during the period. Clearstead Trust LLC increased its position in Fortive by 29.8% during the fourth quarter. Clearstead Trust LLC now owns 953 shares of the technology company’s stock worth $53,000 after acquiring an additional 219 shares during the period. Finally, First Citizens Bank & Trust Co. grew its position in Fortive by 4.2% in the 1st quarter. First Citizens Bank & Trust Co. now owns 5,604 shares of the technology company’s stock worth $310,000 after purchasing an additional 224 shares during the last quarter. Institutional investors and hedge funds own 94.94% of the company’s stock.

Insiders Place Their Bets

In other Fortive news, SVP Peter C. Underwood sold 47,557 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $60.81, for a total transaction of $2,891,941.17. Following the completion of the transaction, the senior vice president directly owned 87,780 shares in the company, valued at $5,337,901.80. This represents a 35.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.65% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

FTV has been the subject of a number of research analyst reports. Zacks Research lowered shares of Fortive from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Truist Financial lifted their target price on Fortive from $61.00 to $67.00 and gave the stock a “hold” rating in a research report on Thursday, July 2nd. Weiss Ratings restated a “hold (c)” rating on shares of Fortive in a research note on Friday, May 22nd. JPMorgan Chase & Co. upped their price target on Fortive from $63.00 to $64.00 and gave the company an “underweight” rating in a report on Tuesday, May 12th. Finally, Argus raised Fortive from a “hold” rating to a “buy” rating and set a $68.00 price objective on the stock in a report on Monday, May 11th. Two research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Fortive currently has a consensus rating of “Hold” and an average price target of $63.00.

Key Fortive News

Here are the key news stories impacting Fortive this week:

• Positive Sentiment: Fortive reported second-quarter adjusted EPS of $0.74, ahead of the $0.71 analyst consensus, while revenue reached approximately $1.10 billion versus expectations of $1.07 billion. Revenue increased 8% year over year. Fortive Reports Second Quarter 2026 Results
• Positive Sentiment: Underlying momentum improved: core revenue growth accelerated to 6.7%, adjusted EBITDA rose 12%, and adjusted EPS growth was 28%, according to the company. Management cited resilient demand in its industrial automation business as a key driver. Industrial products maker Fortive lifts profit view on strong automation business
• Positive Sentiment: Fortive raised its fiscal 2026 adjusted EPS guidance to $2.95–$3.05, broadly consistent with the $2.99 consensus, and highlighted improved cash generation and continued capital-allocation actions, including additional share repurchases. FTV Q2 Earnings Beat on Core Growth, Guidance Raised
• Neutral Sentiment: The company’s outlook implies continued growth, but the midpoint of the revised guidance is only slightly below or near some analyst expectations, limiting the potential for a major positive surprise. Fortive Q2 2026 Earnings Call Transcript
• Negative Sentiment: Reported EPS declined from $0.90 in the year-ago quarter to $0.74, even though revenue grew, which may have raised concerns about comparisons and earnings quality. With Fortive trading at a relatively elevated earnings multiple, investors may also have expected a larger guidance increase.

Fortive Stock Performance

NYSE:FTV opened at $59.38 on Thursday. Fortive Corporation has a 12-month low of $46.34 and a 12-month high of $64.56. The company has a quick ratio of 0.57, a current ratio of 0.71 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $17.96 billion, a PE ratio of 35.56 and a beta of 1.06. The firm has a 50-day moving average price of $61.02 and a 200 day moving average price of $58.69.

Fortive (NYSE:FTV) last released its quarterly earnings data on Wednesday, July 29th. The technology company reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.03. Fortive had a return on equity of 12.66% and a net margin of 12.84%.The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same period in the previous year, the business earned $0.90 earnings per share. The company’s quarterly revenue was up 8.0% on a year-over-year basis. Fortive has set its FY 2026 guidance at 2.950-3.050 EPS. Research analysts anticipate that Fortive Corporation will post 2.98 earnings per share for the current fiscal year.

Fortive declared that its Board of Directors has initiated a stock repurchase plan on Monday, May 4th that permits the company to buyback 20,000,000 shares. This buyback authorization permits the technology company to purchase shares of its stock through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its stock is undervalued.

Fortive Announces Dividend

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

Fortive 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.