Danske Bank A S Buys 11,400 Shares of Fortive Corporation $FTV

Danske Bank A S boosted its stake in shares of Fortive Corporation (NYSE:FTV) by 3.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 335,142 shares of the technology company’s stock after buying an additional 11,400 shares during the period. Danske Bank A S’s holdings in Fortive were worth $18,503,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Dodge & Cox increased its position in Fortive by 28.4% during the 3rd quarter. Dodge & Cox now owns 42,595,794 shares of the technology company’s stock valued at $2,086,768,000 after buying an additional 9,422,189 shares in the last quarter. Viking Global Investors LP boosted its stake 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 valued at $1,003,495,000 after purchasing an additional 4,571,056 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in Fortive by 55.2% during the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 8,709,913 shares of the technology company’s stock valued at $426,699,000 after purchasing an additional 3,096,711 shares during the last quarter. Invesco Ltd. boosted its stake in Fortive by 7.1% during the 3rd quarter. Invesco Ltd. now owns 7,507,930 shares of the technology company’s stock valued at $367,814,000 after purchasing an additional 497,714 shares during the last quarter. Finally, UBS Group AG boosted its stake in Fortive by 10.2% during the 4th quarter. UBS Group AG now owns 6,863,651 shares of the technology company’s stock valued at $378,942,000 after purchasing an additional 632,759 shares during the last quarter. Institutional investors own 94.94% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on FTV shares. Mizuho reiterated an “underperform” rating and set a $51.00 target price (down from $54.00) on shares of Fortive in a research note on Monday, January 5th. Robert W. Baird set a $65.00 target price on Fortive in a research note on Thursday, February 5th. Truist Financial cut their target price on Fortive from $57.00 to $56.00 and set a “hold” rating on the stock in a research note on Monday, April 20th. Barclays increased their target price on Fortive from $56.00 to $63.00 and gave the company an “equal weight” rating in a research note on Monday, February 9th. Finally, Citigroup increased their target price on Fortive from $64.00 to $65.00 and gave the company a “neutral” rating in a research note on Friday. Two investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $59.92.

Insider Activity

In other news, Director Kate Mitchell sold 7,131 shares of the firm’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $58.34, for a total value of $416,022.54. Following the transaction, the director directly owned 31,775 shares in the company, valued at $1,853,753.50. This trade represents a 18.33% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.92% of the stock is currently owned by company insiders.

Fortive Stock Performance

FTV stock opened at $59.20 on Friday. The company has a market cap of $18.23 billion, a P/E ratio of 35.45, a price-to-earnings-growth ratio of 3.19 and a beta of 1.09. Fortive Corporation has a 1 year low of $46.34 and a 1 year high of $74.67. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.71 and a quick ratio of 0.58. The stock’s fifty day moving average price is $57.70 and its 200-day moving average price is $55.10.

Fortive (NYSE:FTV) last released its quarterly earnings results on Thursday, April 30th. The technology company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.64 by $0.06. The firm had revenue of $2.14 billion for the quarter, compared to the consensus estimate of $1.04 billion. Fortive had a return on equity of 12.66% and a net margin of 12.84%.The company’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period last year, the business posted $0.85 EPS. Fortive has set its FY 2026 guidance at 2.900-3.000 EPS. On average, equities analysts forecast that Fortive Corporation will post 2.94 earnings per share for the current year.

Fortive Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 13th were paid a $0.06 dividend. 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 dividend payout ratio (DPR) is 13.87%.

Key Fortive News

Here are the key news stories impacting Fortive this week:

• Positive Sentiment: Q1 results: Fortive reported stronger-than-expected Q1 results — core revenue growth (~5%), adjusted EBITDA up ~13%, and adjusted EPS growth of ~25% with reported revenue of $2.14B and EPS of $0.70, topping consensus estimates. This beat is cited as the primary near-term fundamental upside. Fortive Reports First Quarter 2026 Results
• Positive Sentiment: Analyst reaction: Royal Bank of Canada raised its price target from $59 to $63 (sector perform), signaling some analyst confidence in the beat and the company’s strategy execution. The raise provides modest upside support. RBC raises Fortive price target to $63
• Neutral Sentiment: Earnings coverage & detail: Multiple transcripts and call highlights (earnings call transcript and slide deck) provide detail on demand strength and execution of the “Fortive Accelera” strategy; useful for judgment but not new catalyst. Fortive Corporation (FTV) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Industry note: Zacks’ industry outlook singled out AMETEK and Fortive among peers — a thematic mention that can influence relative-sector flows but is not a company-specific catalyst. Zacks Industry Outlook Highlights AMETEK and Fortive
• Negative Sentiment: Guidance and YoY EPS comparisons: Fortive set FY2026 adjusted EPS guidance of $2.90–$3.00 vs. consensus ~2.96 — roughly in line but slightly light at the midpoint — and GAAP EPS this quarter fell vs. the prior year (Q1 2026 $0.70 vs. Q1 2025 $0.85), which is keeping some investors cautious about growth durability. Fortive (NYSE:FTV) Beats Q1 CY2026 Sales Expectations

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.