Seaport Res Ptn Comments on Fortive’s Q1 Earnings (NYSE:FTV)

Fortive Co. (NYSE:FTV) – Research analysts at Seaport Res Ptn reduced their Q1 2025 earnings per share estimates for Fortive in a report released on Monday, December 23rd. Seaport Res Ptn analyst S. Graham now expects that the technology company will post earnings of $0.90 per share for the quarter, down from their previous forecast of $0.91. The consensus estimate for Fortive’s current full-year earnings is $3.85 per share. Seaport Res Ptn also issued estimates for Fortive’s Q2 2025 earnings at $0.99 EPS, Q3 2025 earnings at $1.00 EPS, FY2025 earnings at $4.07 EPS, Q1 2026 earnings at $1.00 EPS, Q2 2026 earnings at $1.11 EPS, Q3 2026 earnings at $1.10 EPS and FY2026 earnings at $4.50 EPS.

Other analysts have also recently issued research reports about the stock. Citigroup cut shares of Fortive from a “buy” rating to a “neutral” rating and lowered their target price for the company from $92.00 to $86.00 in a research note on Monday, December 9th. Royal Bank of Canada lowered their price objective on Fortive from $85.00 to $77.00 and set a “sector perform” rating on the stock in a research note on Thursday, October 31st. Argus restated a “hold” rating on shares of Fortive in a research report on Monday, November 18th. Raymond James upgraded Fortive from a “market perform” rating to an “outperform” rating and set a $85.00 price target on the stock in a research report on Thursday, September 5th. Finally, JPMorgan Chase & Co. upgraded Fortive from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $90.00 to $92.00 in a research note on Thursday, October 10th. Seven analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $86.82.

Fortive Trading Up 0.7 %

Shares of Fortive stock opened at $75.00 on Tuesday. The company’s fifty day moving average price is $76.05 and its two-hundred day moving average price is $74.44. The firm has a market capitalization of $26.02 billion, a PE ratio of 29.88, a price-to-earnings-growth ratio of 2.15 and a beta of 1.14. Fortive has a 52-week low of $66.15 and a 52-week high of $87.10. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.25 and a quick ratio of 0.99.

Fortive (NYSE:FTV) last released its quarterly earnings data on Wednesday, October 30th. The technology company reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. The business had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.55 billion. Fortive had a return on equity of 12.56% and a net margin of 14.35%. Fortive’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.85 earnings per share.

Institutional Trading of Fortive

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FTV. Private Advisor Group LLC lifted its position in Fortive by 3.6% during the 3rd quarter. Private Advisor Group LLC now owns 3,899 shares of the technology company’s stock valued at $308,000 after purchasing an additional 135 shares during the period. Patton Albertson Miller Group LLC lifted its holdings in Fortive by 1.7% in the third quarter. Patton Albertson Miller Group LLC now owns 8,854 shares of the technology company’s stock valued at $699,000 after buying an additional 150 shares during the period. Andina Capital Management LLC boosted its stake in Fortive by 3.4% in the third quarter. Andina Capital Management LLC now owns 4,585 shares of the technology company’s stock valued at $362,000 after acquiring an additional 152 shares during the last quarter. Axiom Advisory LLC boosted its stake in Fortive by 1.6% in the third quarter. Axiom Advisory LLC now owns 10,048 shares of the technology company’s stock valued at $734,000 after acquiring an additional 157 shares during the last quarter. Finally, Mill Creek Capital Advisors LLC grew its holdings in Fortive by 4.7% during the 2nd quarter. Mill Creek Capital Advisors LLC now owns 3,641 shares of the technology company’s stock worth $270,000 after acquiring an additional 162 shares during the period. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Fortive

In other Fortive news, SVP Peter C. Underwood sold 5,000 shares of the stock in a transaction on Monday, November 11th. The stock was sold at an average price of $76.58, for a total value of $382,900.00. Following the transaction, the senior vice president now directly owns 48,346 shares in the company, valued at approximately $3,702,336.68. This trade represents a 9.37 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Stacey A. Walker sold 171,808 shares of the business’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $71.71, for a total value of $12,320,351.68. Following the sale, the senior vice president now owns 42,651 shares of the company’s stock, valued at approximately $3,058,503.21. The trade was a 80.11 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.01% of the company’s stock.

Fortive Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, November 29th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.43%. The ex-dividend date of this dividend is Friday, November 29th. Fortive’s dividend payout ratio is currently 12.75%.

About Fortive

Fortive Corporation designs, develops, manufactures, and services professional and engineered products, software, and services in the United States, China, and internationally. It operates in three segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment provides advanced instrumentation, software, and services, including electrical test and measurement, facility and asset lifecycle software applications, and connected worker safety and compliance solutions for manufacturing, process industries, healthcare, utilities and power, communications and electronics, and other industries.