Fortive Corporation (NYSE:FTV – Free Report) – Equities researchers at Seaport Res Ptn dropped their Q2 2026 earnings per share (EPS) estimates for shares of Fortive in a research report issued to clients and investors on Wednesday, October 1st. Seaport Res Ptn analyst S. Graham now forecasts that the technology company will post earnings of $0.65 per share for the quarter, down from their previous forecast of $0.66. The consensus estimate for Fortive’s current full-year earnings is $4.05 per share. Seaport Res Ptn also issued estimates for Fortive’s Q4 2026 earnings at $0.88 EPS.
Fortive (NYSE:FTV – Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The technology company reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.02). The business had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.54 billion. Fortive had a net margin of 13.62% and a return on equity of 11.96%. The business’s quarterly revenue was down .4% compared to the same quarter last year. During the same period last year, the business earned $0.93 earnings per share. Fortive has set its FY 2025 guidance at 2.500-2.600 EPS.
View Our Latest Analysis on Fortive
Fortive Trading Up 1.3%
NYSE FTV opened at $50.43 on Friday. Fortive has a twelve month low of $46.34 and a twelve month high of $83.32. The business’s fifty day moving average is $48.35 and its 200 day moving average is $60.03. The company has a quick ratio of 0.82, a current ratio of 0.98 and a debt-to-equity ratio of 0.28. The company has a market cap of $17.06 billion, a price-to-earnings ratio of 22.71, a price-to-earnings-growth ratio of 3.16 and a beta of 1.15.
Hedge Funds Weigh In On Fortive
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Redmond Asset Management LLC grew its position in Fortive by 1.0% in the 1st quarter. Redmond Asset Management LLC now owns 14,515 shares of the technology company’s stock valued at $1,062,000 after purchasing an additional 142 shares during the period. Capital Analysts LLC lifted its stake in shares of Fortive by 41.0% in the first quarter. Capital Analysts LLC now owns 523 shares of the technology company’s stock valued at $38,000 after buying an additional 152 shares in the last quarter. Tandem Capital Management Corp ADV grew its holdings in shares of Fortive by 0.6% during the first quarter. Tandem Capital Management Corp ADV now owns 27,557 shares of the technology company’s stock valued at $2,017,000 after buying an additional 160 shares during the last quarter. Forum Financial Management LP increased its position in shares of Fortive by 2.3% during the first quarter. Forum Financial Management LP now owns 7,119 shares of the technology company’s stock worth $521,000 after acquiring an additional 161 shares in the last quarter. Finally, RDA Financial Network raised its holdings in shares of Fortive by 3.5% in the 1st quarter. RDA Financial Network now owns 4,965 shares of the technology company’s stock worth $363,000 after acquiring an additional 169 shares during the last quarter. Institutional investors own 94.94% of the company’s stock.
Fortive Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Friday, September 12th were paid a $0.06 dividend. The ex-dividend date was Friday, September 12th. This represents a $0.24 annualized dividend and a dividend yield of 0.5%. Fortive’s payout ratio is currently 10.81%.
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.
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