Seaport Res Ptn Comments on Fortive’s Q2 Earnings (NYSE:FTV)

Fortive Co. (NYSE:FTV) – Stock analysts at Seaport Res Ptn lowered their Q2 2025 earnings per share (EPS) estimates for Fortive in a research note issued to investors on Sunday, May 4th. Seaport Res Ptn analyst S. Graham now anticipates that the technology company will post earnings per share of $0.90 for the quarter, down from their previous estimate of $0.99. The consensus estimate for Fortive’s current full-year earnings is $4.05 per share. Seaport Res Ptn also issued estimates for Fortive’s Q3 2025 earnings at $0.94 EPS, Q4 2025 earnings at $1.11 EPS, FY2025 earnings at $3.80 EPS, Q1 2026 earnings at $0.89 EPS, Q2 2026 earnings at $0.96 EPS, Q4 2026 earnings at $1.22 EPS and FY2026 earnings at $4.10 EPS.

FTV has been the subject of a number of other research reports. Barclays lowered their target price on shares of Fortive from $85.00 to $84.00 and set an “overweight” rating for the company in a research note on Tuesday. Royal Bank of Canada upped their price objective on Fortive from $68.00 to $72.00 and gave the stock a “sector perform” rating in a research report on Friday, May 2nd. StockNews.com lowered Fortive from a “buy” rating to a “hold” rating in a research report on Monday, February 10th. BNP Paribas downgraded Fortive from an “outperform” rating to a “neutral” rating and set a $67.00 price target for the company. in a report on Wednesday, April 9th. Finally, Citigroup dropped their price target on shares of Fortive from $84.00 to $69.00 and set a “neutral” rating on the stock in a research note on Monday, April 14th. Eight investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Fortive has a consensus rating of “Hold” and a consensus price target of $80.75.

Fortive Trading Down 0.3 %

NYSE FTV opened at $67.41 on Tuesday. Fortive has a 52 week low of $60.39 and a 52 week high of $83.32. The firm has a 50 day moving average of $70.62 and a two-hundred day moving average of $75.05. The company has a quick ratio of 0.91, a current ratio of 1.16 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $22.91 billion, a PE ratio of 28.56, a price-to-earnings-growth ratio of 2.68 and a beta of 1.10.

Fortive (NYSE:FTV) last announced its quarterly earnings data on Thursday, May 1st. The technology company reported $0.85 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.85. Fortive had a return on equity of 13.15% and a net margin of 13.36%. The business had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.49 billion. During the same quarter last year, the business posted $0.83 EPS. The business’s quarterly revenue was down 3.3% compared to the same quarter last year.

Institutional Trading of Fortive

Several hedge funds have recently modified their holdings of FTV. Pacer Advisors Inc. raised its position in Fortive by 4,854.2% in the first quarter. Pacer Advisors Inc. now owns 1,451,325 shares of the technology company’s stock worth $106,208,000 after acquiring an additional 1,422,030 shares in the last quarter. Assetmark Inc. grew its stake in shares of Fortive by 49.3% during the 1st quarter. Assetmark Inc. now owns 24,101 shares of the technology company’s stock worth $1,764,000 after purchasing an additional 7,956 shares during the period. Auto Owners Insurance Co increased its holdings in shares of Fortive by 3,078.9% in the 1st quarter. Auto Owners Insurance Co now owns 138,281 shares of the technology company’s stock valued at $10,737,000 after purchasing an additional 133,931 shares in the last quarter. Oak Thistle LLC acquired a new stake in shares of Fortive in the first quarter valued at about $652,000. Finally, Bank Julius Baer & Co. Ltd Zurich boosted its holdings in Fortive by 2,408.4% during the first quarter. Bank Julius Baer & Co. Ltd Zurich now owns 128,031 shares of the technology company’s stock worth $9,409,000 after buying an additional 122,927 shares in the last quarter. 94.94% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Fortive

In related news, SVP Stacey A. Walker sold 3,002 shares of the firm’s stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $79.05, for a total value of $237,308.10. Following the completion of the sale, the senior vice president now owns 42,373 shares in the company, valued at $3,349,585.65. This trade represents a 6.62 % decrease in their ownership of the stock. 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 32,085 shares of Fortive stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $78.86, for a total value of $2,530,223.10. Following the completion of the sale, the chief financial officer now directly owns 76,126 shares in the company, valued at $6,003,296.36. This represents a 29.65 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 243,385 shares of company stock worth $19,508,529. 1.01% of the stock is currently owned by insiders.

Fortive Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Wednesday, April 30th will be given a dividend of $0.08 per share. The ex-dividend date is Friday, May 30th. This represents a $0.32 dividend on an annualized basis and a yield of 0.47%. Fortive’s payout ratio is 14.04%.

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.