Fortive (NYSE: FTV) has recently received a number of price target changes and ratings updates:
- 5/4/2026 – Fortive had its “hold” rating reaffirmed by Truist Financial Corporation. They now have a $61.00 price target on the stock, up from $56.00.
- 5/4/2026 – Fortive had its price target raised by Wells Fargo & Company from $58.00 to $65.00. They now have an “equal weight” rating on the stock.
- 5/1/2026 – Fortive had its price target raised by Citigroup Inc. from $64.00 to $65.00. They now have a “neutral” rating on the stock.
- 5/1/2026 – Fortive had its price target raised by Royal Bank Of Canada from $59.00 to $63.00. They now have a “sector perform” rating on the stock.
- 4/21/2026 – Fortive was downgraded by Zacks Research from “strong-buy” to “hold”.
- 4/20/2026 – Fortive had its price target lowered by Truist Financial Corporation from $57.00 to $56.00. They now have a “hold” rating on the stock.
- 4/1/2026 – Fortive had its price target lowered by Wells Fargo & Company from $65.00 to $58.00. They now have an “equal weight” rating on the stock.
- 3/18/2026 – Fortive had its price target raised by Morgan Stanley from $53.00 to $58.00. They now have an “equal weight” rating on the stock.
Fortive Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 13th were given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Friday, March 13th. Fortive’s payout ratio is currently 14.37%.
Insider Buying and Selling at Fortive
In other Fortive news, Director Kate Mitchell sold 7,131 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $58.34, for a total transaction of $416,022.54. Following the transaction, the director owned 31,775 shares of the company’s stock, valued at approximately $1,853,753.50. This trade represents a 18.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Peter C. Underwood sold 47,557 shares of the business’s stock in a transaction dated Monday, May 4th. The shares were 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 directly owned 87,780 shares of the company’s stock, valued at $5,337,901.80. The trade was a 35.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.92% of the company’s stock.
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.
Further Reading
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