Fortive (FTV) Stock Price, News & Analysis

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fortive in the last year. There are currently 6 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" FTV shares.
View FTV analyst ratings or view top-rated stocks.

13 equities research analysts have issued twelve-month price targets for Fortive's stock. Their FTV share price targets range from $70.00 to $101.00. On average, they predict the company's share price to reach $86.31 in the next twelve months. This suggests a possible upside of 6.0% from the stock's current price.
View analysts price targets for FTV or view top-rated stocks among Wall Street analysts.

Fortive's stock was trading at $73.63 at the beginning of the year. Since then, FTV stock has increased by 10.5% and is now trading at $81.39.
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Fortive saw a increase in short interest in the month of February. As of February 29th, there was short interest totaling 3,300,000 shares, an increase of 8.2% from the February 14th total of 3,050,000 shares. Based on an average daily trading volume, of 1,680,000 shares, the days-to-cover ratio is presently 2.0 days.
View Fortive's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our FTV earnings forecast.

Fortive will be holding an earnings conference call on Wednesday, April 24th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 647-362-9199 with passcode "6922572".

Fortive Co. (NYSE:FTV) issued its quarterly earnings data on Wednesday, January, 31st. The technology company reported $0.98 EPS for the quarter, beating analysts' consensus estimates of $0.93 by $0.05. The technology company had revenue of $1.58 billion for the quarter, compared to analysts' expectations of $1.56 billion. Fortive had a trailing twelve-month return on equity of 12.12% and a net margin of 14.27%. The company's revenue for the quarter was up 3.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.88 EPS.
Read the conference call transcript.

Fortive declared a quarterly dividend on Thursday, April 4th. Shareholders of record on Friday, May 31st will be paid a dividend of $0.08 per share on Friday, June 28th. This represents a $0.32 annualized dividend and a yield of 0.39%. The ex-dividend date is Friday, May 31st.
Read our dividend analysis for FTV.

Fortive (NYSE:FTV) pays an annual dividend of $0.32 per share and currently has a dividend yield of 0.39%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 13.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FTV will have a dividend payout ratio of 7.73% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FTV.

ETFs with the largest weight of Fortive (NYSE:FTV) stock in their portfolio include Hennessy Stance ESG Large Cap ETF (STNC), Gabelli Automation ETF (GAST), Global X U.S. Infrastructure Development ETF (PAVE), WisdomTree U.S. AI Enhanced Value Fund (AIVL), Invesco Zacks Mid-Cap ETF (CZA), First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF), Putnam Sustainable Leaders ETF (PLDR) and BlackRock Large Cap Value ETF (BLCV).

Fortive updated its FY24 earnings guidance on Wednesday, January, 31st. The company provided earnings per share guidance of $3.73-3.85 for the period, compared to the consensus EPS estimate of $3.68. The company issued revenue guidance of ~$6.4-6.5 billion, compared to the consensus revenue estimate of $6.35 billion.

25 employees have rated Fortive Chief Executive Officer James A. Lico on Glassdoor.com. James A. Lico has an approval rating of 72% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Fortive investors own include Visa (V), Corbus Pharmaceuticals (CRBP), HP (HPQ), Lowe's Companies (LOW), NVIDIA (NVDA), Western Digital (WDC), Danaher (DHR), Micron Technology (MU), Intel (INTC) and Viveve Medical (VIVE).

Fortive's stock is owned by many different retail and institutional investors. Top institutional investors include Ferguson Wellman Capital Management Inc. (0.24%), Mountain Pacific Investment Advisers Inc. ID (0.08%), ST Germain D J Co. Inc. (0.06%), Addenda Capital Inc. (0.03%), Chesley Taft & Associates LLC (0.02%) and Shorepath Capital Management LLC (0.02%). Insiders that own company stock include Alan G Spoon, Barbara B Hulit, Charles E Mclaughlin, Christopher M Mulhall, Gwen L Shaneyfelt, Patrick K Murphy, Peter C Underwood, Peter C Underwood, Stacey A Walker, Steven M Rales and Tamara S Newcombe.
View institutional ownership trends.

Shares of FTV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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