What is Seaport Res Ptn’s Forecast for Fortive Q1 Earnings?

Fortive Co. (NYSE:FTV) – Seaport Res Ptn lowered their Q1 2025 earnings per share (EPS) estimates for Fortive in a research report issued on Wednesday, October 30th. Seaport Res Ptn analyst S. Graham now expects that the technology company will earn $0.91 per share for the quarter, down from their previous forecast of $0.92. 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 $1.02 EPS and Q4 2025 earnings at $1.20 EPS.

Several other brokerages also recently issued reports on FTV. TD Cowen raised Fortive from a “hold” rating to a “buy” rating and increased their price objective for the stock from $75.00 to $90.00 in a research note on Monday, July 8th. JPMorgan Chase & Co. raised shares of Fortive from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $90.00 to $92.00 in a research note on Thursday, October 10th. StockNews.com raised Fortive from a “hold” rating to a “buy” rating in a research report on Friday, September 13th. Wells Fargo & Company dropped their target price on Fortive from $82.00 to $77.00 and set an “equal weight” rating on the stock in a research report on Thursday. Finally, Wolfe Research cut Fortive from an “outperform” rating to a “peer perform” rating in a research note on Friday, September 6th. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, Fortive has a consensus rating of “Moderate Buy” and an average target price of $88.20.

Fortive Trading Down 0.1 %

Fortive stock opened at $71.34 on Monday. The company has a 50 day moving average price of $75.27 and a 200 day moving average price of $74.39. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.95 and a current ratio of 1.25. Fortive has a 52 week low of $64.69 and a 52 week high of $87.10. The firm has a market capitalization of $24.75 billion, a price-to-earnings ratio of 28.42, a P/E/G ratio of 1.96 and a beta of 1.13.

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

Fortive Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Tuesday, September 17th were given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.45%. The ex-dividend date of this dividend was Friday, September 13th. Fortive’s dividend payout ratio is 12.75%.

Insider Transactions at Fortive

In other Fortive news, CFO Charles E. Mclaughlin sold 6,864 shares of the business’s stock in a transaction on Friday, September 13th. The shares were sold at an average price of $74.03, for a total transaction of $508,141.92. Following the completion of the transaction, the chief financial officer now owns 73,391 shares of the company’s stock, valued at $5,433,135.73. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Fortive news, SVP Jonathan L. Schwarz sold 14,223 shares of the stock in a transaction on Friday, September 13th. The shares were sold at an average price of $73.80, for a total value of $1,049,657.40. Following the completion of the sale, the senior vice president now directly owns 68,161 shares of the company’s stock, valued at $5,030,281.80. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Charles E. Mclaughlin sold 6,864 shares of the business’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $74.03, for a total transaction of $508,141.92. Following the transaction, the chief financial officer now owns 73,391 shares in the company, valued at approximately $5,433,135.73. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.01% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Fortive

A number of institutional investors have recently added to or reduced their stakes in FTV. Atria Investments Inc lifted its position in shares of Fortive by 1.6% in the 3rd quarter. Atria Investments Inc now owns 10,591 shares of the technology company’s stock worth $836,000 after acquiring an additional 163 shares during the period. Assetmark Inc. raised its stake in shares of Fortive by 18.4% in the third quarter. Assetmark Inc. now owns 32,004 shares of the technology company’s stock valued at $2,526,000 after purchasing an additional 4,979 shares in the last quarter. Capital Performance Advisors LLP acquired a new stake in Fortive during the third quarter worth $25,000. Olstein Capital Management L.P. boosted its stake in Fortive by 58.8% during the third quarter. Olstein Capital Management L.P. now owns 79,500 shares of the technology company’s stock worth $6,275,000 after buying an additional 29,441 shares in the last quarter. Finally, Principal Financial Group Inc. increased its holdings in Fortive by 2.7% in the 3rd quarter. Principal Financial Group Inc. now owns 406,085 shares of the technology company’s stock valued at $32,052,000 after buying an additional 10,795 shares during the period. 94.94% of the stock is owned by institutional investors and hedge funds.

Fortive Company Profile

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.