Fortive (NYSE:FTV) Releases FY 2026 Earnings Guidance

Fortive (NYSE:FTV) updated its FY 2026 earnings guidance on Wednesday. The company provided 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

Several research firms have issued reports on FTV. Morgan Stanley boosted their price objective on Fortive from $58.00 to $59.00 and gave the stock an “equal weight” rating in a report on Wednesday, June 3rd. JPMorgan Chase & Co. upped their price target on shares of Fortive from $63.00 to $64.00 and gave the company an “underweight” rating in a research report on Tuesday, May 12th. Zacks Research cut shares of Fortive from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Citigroup boosted their target price on shares of Fortive from $64.00 to $65.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Finally, Royal Bank Of Canada increased their target price on Fortive from $59.00 to $63.00 and gave the company a “sector perform” rating in a report on Friday, May 1st. Two research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Fortive currently has an average rating of “Hold” and an average target price of $63.10.

Fortive Stock Down 0.6%

FTV stock opened at $58.12 on Friday. The company has a 50 day moving average of $61.00 and a two-hundred day moving average of $58.71. The company has a quick ratio of 0.57, a current ratio of 1.24 and a debt-to-equity ratio of 0.58. Fortive has a 12-month low of $46.34 and a 12-month high of $64.56. The company has a market cap of $17.58 billion, a price-to-earnings ratio of 34.25 and a beta of 1.06.

Fortive (NYSE:FTV) last issued its earnings results on Wednesday, July 29th. The technology company reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.03. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.07 billion. Fortive had a return on equity of 15.33% and a net margin of 12.38%.The business’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.90 earnings per share. Fortive has set its FY 2026 guidance at 2.950-3.050 EPS. On average, equities analysts anticipate that Fortive will post 2.98 earnings per share for the current fiscal year.

Fortive Dividend Announcement

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

Fortive declared that its board has approved a stock buyback program on Monday, May 4th that allows the company to buyback 20,000,000 outstanding shares. This buyback authorization allows the technology company to repurchase shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity

In other news, SVP Peter C. Underwood sold 47,557 shares of the stock in a transaction dated 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 transaction, the senior vice president owned 87,780 shares of the company’s stock, valued at approximately $5,337,901.80. This represents a 35.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.65% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of FTV. Brighton Jones LLC boosted its stake in Fortive by 97.1% during the 4th quarter. Brighton Jones LLC now owns 5,706 shares of the technology company’s stock valued at $428,000 after purchasing an additional 2,811 shares during the period. Empowered Funds LLC lifted its holdings in shares of Fortive by 6.9% during the first quarter. Empowered Funds LLC now owns 6,619 shares of the technology company’s stock worth $484,000 after buying an additional 430 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in shares of Fortive by 246.2% in the first 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 during the period. EverSource Wealth Advisors LLC grew its position in 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 purchasing an additional 1,062 shares during the last quarter. Finally, Cerity Partners LLC lifted its position in Fortive by 3.3% in the second 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 during the period. Institutional investors own 94.94% of the company’s stock.

About Fortive

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.