Fortive (NYSE:FTV) Issues FY 2026 Earnings Guidance

Fortive (NYSE:FTV) issued an update on its FY 2026 earnings guidance on Wednesday morning. 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 -.

Fortive Stock Down 7.7%

NYSE FTV traded down $4.92 during trading hours on Wednesday, hitting $59.16. 3,414,704 shares of the company traded hands, compared to its average volume of 3,402,619. Fortive has a twelve month low of $46.34 and a twelve month high of $64.56. The stock has a market capitalization of $17.89 billion, a price-to-earnings ratio of 35.50 and a beta of 1.06. The business’s 50-day moving average is $61.01 and its 200-day moving average is $58.66. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.57 and a current ratio of 0.71.

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

Fortive Dividend Announcement

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

Fortive announced that its board has initiated a share buyback plan on Monday, May 4th that permits the company to buyback 20,000,000 shares. This buyback authorization permits the technology company to reacquire shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Fortive in a research report on Friday, May 22nd. JPMorgan Chase & Co. lifted their price objective on Fortive from $63.00 to $64.00 and gave the stock an “underweight” rating in a report on Tuesday, May 12th. Truist Financial upped their price objective on shares of Fortive from $61.00 to $67.00 and gave the stock a “hold” rating in a research report on Thursday, July 2nd. Royal Bank Of Canada raised their target price on shares of Fortive from $59.00 to $63.00 and gave the stock a “sector perform” rating in a report on Friday, May 1st. Finally, Morgan Stanley upped their price target on Fortive from $58.00 to $59.00 and gave the stock an “equal weight” rating in a research report on Wednesday, June 3rd. 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. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $63.00.

Insider Transactions at Fortive

In related news, 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 transaction, the senior vice president directly owned 87,780 shares of the company’s stock, valued at approximately $5,337,901.80. The trade was a 35.14% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.65% of the company’s stock.

Fortive News Roundup

Here are the key news stories impacting Fortive this week:

• Positive Sentiment: Fortive exceeded Wall Street expectations, reporting adjusted EPS of $0.74 versus the $0.71 consensus and revenue of approximately $1.10 billion versus estimates of $1.07 billion. Revenue increased 8% year over year. MarketBeat earnings report
• Positive Sentiment: Core revenue growth accelerated to 6.7%, while adjusted EBITDA rose 12% and adjusted EPS increased 28% on an adjusted basis, signaling improving operating momentum. Demand in Fortive’s industrial automation business was described as resilient. Reuters article
• Positive Sentiment: Management raised its fiscal 2026 adjusted EPS outlook to $2.95-$3.05, with the midpoint slightly above the roughly $2.99 analyst consensus. The company also cited stronger cash flow and continued disciplined capital allocation. Zacks earnings article
• Neutral Sentiment: The headline quarterly results were favorable, although reported EPS of $0.74 remained below the $0.90 posted in the year-ago quarter. Investors may be comparing the improvement in adjusted performance with the broader earnings trend and Fortive’s valuation.
• Negative Sentiment: The market’s negative reaction suggests that the earnings beat and raised outlook may not have been sufficient to satisfy high expectations, particularly with the stock trading near its recent high. The report did not signal a major deterioration, but investors appear to be taking profits or focusing on the mixed year-over-year EPS comparison. Fortive second-quarter results

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Viking Global Investors LP grew its position in Fortive by 28.7% during the 3rd quarter. Viking Global Investors LP now owns 20,483,680 shares of the technology company’s stock worth $1,003,495,000 after purchasing an additional 4,571,056 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of Fortive by 29.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 20,046,352 shares of the technology company’s stock valued at $1,106,760,000 after acquiring an additional 4,532,031 shares during the last quarter. Hotchkis & Wiley Capital Management LLC raised its holdings in Fortive by 205.6% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 3,719,200 shares of the technology company’s stock worth $182,204,000 after buying an additional 2,502,300 shares during the period. The Manufacturers Life Insurance Company grew its stake in Fortive by 70.0% in the fourth quarter. The Manufacturers Life Insurance Company now owns 5,626,871 shares of the technology company’s stock valued at $310,809,000 after purchasing an additional 2,316,202 shares in the last quarter. Finally, Dodge & Cox raised its holdings in Fortive by 3.7% in the 4th quarter. Dodge & Cox now owns 44,157,822 shares of the technology company’s stock valued at $2,437,953,000 after acquiring an additional 1,562,028 shares during the period. Institutional investors and hedge funds 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.