Wealthfront Advisers LLC increased its holdings in Fortive Corporation (NYSE:FTV – Free Report) by 19.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 97,569 shares of the technology company’s stock after purchasing an additional 16,055 shares during the quarter. Wealthfront Advisers LLC’s holdings in Fortive were worth $5,387,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently modified their holdings of FTV. Quent Capital LLC bought a new stake in shares of Fortive in the third quarter worth about $28,000. Exchange Traded Concepts LLC boosted its holdings in Fortive by 46.7% in the third quarter. Exchange Traded Concepts LLC now owns 741 shares of the technology company’s stock valued at $36,000 after acquiring an additional 236 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in 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 in the last quarter. J.Safra Asset Management Corp boosted its holdings in Fortive by 71.1% in the third quarter. J.Safra Asset Management Corp now owns 782 shares of the technology company’s stock valued at $38,000 after acquiring an additional 325 shares in the last quarter. Finally, Dorato Capital Management bought a new stake in Fortive in the fourth quarter valued at $45,000. 94.94% of the stock is owned by institutional investors.
Fortive Stock Performance
Fortive stock opened at $59.77 on Friday. The stock’s 50 day simple moving average is $57.70 and its two-hundred day simple moving average is $55.06. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.58 and a current ratio of 0.71. The stock has a market cap of $18.40 billion, a price-to-earnings ratio of 34.55, a PEG ratio of 3.34 and a beta of 1.09. Fortive Corporation has a fifty-two week low of $46.34 and a fifty-two week high of $74.67.
Fortive Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 13th were issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Friday, March 13th. Fortive’s payout ratio is 13.87%.
Key Fortive News
Here are the key news stories impacting Fortive this week:
- Positive Sentiment: Q1 results beat expectations — Fortive reported $0.70 EPS vs. consensus ~$0.64 and revenue of $2.14B, beating estimates and showing year‑over‑year revenue growth. Fortive Reports First Quarter 2026 Results
- Positive Sentiment: Underlying operational momentum — management highlighted ~5% core revenue growth, ~13% adjusted EBITDA growth and ~25% adjusted EPS growth, attributing strength to demand and execution of the “Fortive Accelera” strategy. This supports upside to organic performance if sustained. Fortive Reports First Quarter 2026 Results
- Neutral Sentiment: Management commentary and slides available — the earnings slide deck and call transcript provide detail on segment trends, backlog and margin drivers; these will matter for whether adjusted outperformance converts into longer‑term earnings acceleration. Read the call/slide deck for detail. Q1 Earnings Call Transcript
- Negative Sentiment: FY2026 EPS guidance set to $2.90–3.00 — management’s range sits around (and slightly under) consensus (~2.96), which likely tempered the post‑print reaction despite the quarter beat; investors may view the guide as conservative relative to the quarter’s strength. Quarterly release and guidance
- Negative Sentiment: GAAP vs. adjusted dynamics — reported GAAP EPS ($0.70) was lower than last year’s $0.85 (while adjusted EPS rose), which can create investor uncertainty about one‑time items and the sustainability of adjusted metrics. Expect scrutiny of reconciliation items in the slide deck and MD&A. Zacks Q1 coverage
Insider Activity at Fortive
In other news, Director Kate Mitchell sold 7,131 shares of the business’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $58.34, for a total transaction of $416,022.54. Following the sale, the director owned 31,775 shares in the company, valued at approximately $1,853,753.50. The trade was a 18.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.92% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts recently weighed in on FTV shares. Citigroup reiterated a “neutral” rating on shares of Fortive in a report on Friday. Barclays lifted their price target on shares of Fortive from $56.00 to $63.00 and gave the company an “equal weight” rating in a report on Monday, February 9th. Truist Financial cut their price target on shares of Fortive from $57.00 to $56.00 and set a “hold” rating on the stock in a report on Monday, April 20th. Morgan Stanley lifted their price target on shares of Fortive from $53.00 to $58.00 and gave the company an “equal weight” rating in a report on Wednesday, March 18th. Finally, Robert W. Baird set a $65.00 price objective on Fortive in a research report on Thursday, February 5th. Two analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $60.00.
Read Our Latest Analysis on Fortive
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.
See Also
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