Brokers Issue Forecasts for Fortive’s Q1 Earnings (NYSE:FTV)

Fortive Co. (NYSE:FTV) – Analysts at Seaport Res Ptn cut their Q1 2025 earnings per share (EPS) estimates for Fortive in a note issued to investors on Wednesday, October 30th. Seaport Res Ptn analyst S. Graham now expects that the technology company will earn $0.91 per share for the quarter, down from their prior forecast of $0.92. The consensus estimate for Fortive’s current full-year earnings is $3.85 per share. Seaport Res Ptn also issued estimates for Fortive’s Q2 2025 earnings at $1.02 EPS and Q4 2025 earnings at $1.20 EPS.

A number of other research analysts also recently weighed in on FTV. Morgan Stanley assumed coverage on Fortive in a report on Friday, September 6th. They set an “overweight” rating and a $89.00 price target on the stock. StockNews.com upgraded shares of Fortive from a “hold” rating to a “buy” rating in a report on Friday, September 13th. JPMorgan Chase & Co. upgraded Fortive from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $90.00 to $92.00 in a report on Thursday, October 10th. Royal Bank of Canada lowered their target price on Fortive from $85.00 to $77.00 and set a “sector perform” rating on the stock in a research note on Thursday, October 31st. Finally, Wolfe Research lowered Fortive from an “outperform” rating to a “peer perform” rating in a research report on Friday, September 6th. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $88.20.

Fortive Trading Up 0.3 %

NYSE FTV opened at $71.39 on Monday. The firm’s 50 day moving average price is $75.17 and its two-hundred day moving average price is $74.27. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.99 and a current ratio of 1.25. Fortive has a twelve month low of $64.69 and a twelve month high of $87.10. The stock has a market cap of $24.77 billion, a price-to-earnings ratio of 28.44, a PEG ratio of 1.96 and a beta of 1.13.

Fortive (NYSE:FTV) last issued its quarterly earnings results on Wednesday, October 30th. The technology company reported $0.97 EPS for the quarter, topping the consensus estimate of $0.93 by $0.04. Fortive had a net margin of 14.35% and a return on equity of 12.56%. The firm had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.55 billion. During the same period in the previous year, the business earned $0.85 earnings per share. Fortive’s revenue for the quarter was up 2.7% compared to the same quarter last year.

Fortive Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Tuesday, September 17th were issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date was Friday, September 13th. Fortive’s dividend payout ratio (DPR) is currently 12.75%.

Insider Transactions at Fortive

In other news, SVP Jonathan L. Schwarz sold 14,223 shares of the firm’s stock in a transaction on Friday, September 13th. The shares were sold at an average price of $73.80, for a total value of $1,049,657.40. Following the sale, the senior vice president now owns 68,161 shares in the company, valued at approximately $5,030,281.80. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, SVP Jonathan L. Schwarz sold 14,223 shares of Fortive stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $73.80, for a total transaction of $1,049,657.40. Following the sale, the senior vice president now owns 68,161 shares of the company’s stock, valued at approximately $5,030,281.80. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Stacey A. Walker sold 171,808 shares of the business’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $71.71, for a total value of $12,320,351.68. Following the sale, the senior vice president now owns 42,651 shares in the company, valued at approximately $3,058,503.21. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 192,895 shares of company stock worth $13,878,151 over the last three months. 1.01% of the stock is currently owned by insiders.

Institutional Trading of Fortive

Several institutional investors have recently made changes to their positions in FTV. Capital Performance Advisors LLP acquired a new stake in Fortive during the third quarter valued at approximately $25,000. Ridgewood Investments LLC acquired a new stake in shares of Fortive in the 2nd quarter valued at $30,000. International Assets Investment Management LLC bought a new stake in shares of Fortive in the 2nd quarter worth about $30,000. Goodman Advisory Group LLC acquired a new stake in shares of Fortive during the 2nd quarter worth about $31,000. Finally, Advisors Asset Management Inc. acquired a new position in Fortive in the first quarter valued at about $32,000. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Fortive Company Profile

Fortive Corporation designs, develops, manufactures, and services professional and engineered products, software, and services in the United States, China, and internationally. It operates in three segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment provides advanced instrumentation, software, and services, including electrical test and measurement, facility and asset lifecycle software applications, and connected worker safety and compliance solutions for manufacturing, process industries, healthcare, utilities and power, communications and electronics, and other industries.