Fortive Corporation $FTV Shares Sold by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG lowered its holdings in Fortive Corporation (NYSE:FTV) by 6.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 113,334 shares of the technology company’s stock after selling 8,191 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Fortive were worth $6,257,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. HighTower Advisors LLC grew its holdings in Fortive by 208.8% during the 3rd quarter. HighTower Advisors LLC now owns 32,938 shares of the technology company’s stock valued at $1,614,000 after purchasing an additional 22,271 shares in the last quarter. Brookstone Capital Management grew its holdings in Fortive by 49.8% during the 3rd quarter. Brookstone Capital Management now owns 76,393 shares of the technology company’s stock valued at $3,742,000 after purchasing an additional 25,397 shares in the last quarter. Y Intercept Hong Kong Ltd grew its holdings in Fortive by 96.4% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 73,423 shares of the technology company’s stock valued at $3,597,000 after purchasing an additional 36,037 shares in the last quarter. Rakuten Investment Management Inc. acquired a new stake in Fortive during the 3rd quarter valued at $2,834,000. Finally, J. Safra Sarasin Holding AG acquired a new stake in Fortive during the 3rd quarter valued at $1,333,000. Institutional investors and hedge funds own 94.94% of the company’s stock.

Insider Buying and Selling

In other Fortive news, Director Kate Mitchell sold 7,131 shares of the stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $58.34, for a total transaction of $416,022.54. Following the transaction, the director directly owned 31,775 shares in the company, valued at $1,853,753.50. This represents a 18.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.92% of the stock is owned by company insiders.

Fortive Trading Up 0.4%

NYSE FTV opened at $61.12 on Friday. Fortive Corporation has a 12 month low of $46.34 and a 12 month high of $74.67. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.71 and a quick ratio of 0.58. The company has a market capitalization of $18.82 billion, a price-to-earnings ratio of 35.33, a price-to-earnings-growth ratio of 3.29 and a beta of 1.09. The company’s fifty day moving average price is $57.30 and its two-hundred day moving average price is $54.64.

Fortive (NYSE:FTV) last posted its quarterly earnings data on Wednesday, February 4th. The technology company reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.07. Fortive had a net margin of 12.48% and a return on equity of 11.98%. The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same period in the prior year, the firm posted $1.17 EPS. The firm’s revenue was up 4.7% compared to the same quarter last year. Fortive has set its FY 2026 guidance at 2.900-3.000 EPS. As a group, research analysts predict that Fortive Corporation will post 2.94 earnings per share for the current fiscal year.

Fortive Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 13th were paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Friday, March 13th. Fortive’s dividend payout ratio is 13.87%.

Analyst Ratings Changes

FTV has been the subject of a number of recent analyst reports. Robert W. Baird set a $65.00 price target on shares of Fortive in a report on Thursday, February 5th. Mizuho reaffirmed an “underperform” rating and set a $51.00 price target (down from $54.00) on shares of Fortive in a report on Monday, January 5th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Fortive in a report on Monday, December 29th. Morgan Stanley raised their price target on shares of Fortive from $53.00 to $58.00 and gave the company an “equal weight” rating in a report on Wednesday, March 18th. Finally, Zacks Research lowered shares of Fortive from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Two analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $60.00.

About Fortive

Fortive Corporation (NYSE: FTV) is a diversified industrial technology company headquartered in Everett, Washington. The company was created through a spin‑off from Danaher Corporation in 2016 and has since focused on building a portfolio of professional instrumentation and industrial technology businesses. In 2020 Fortive completed a further portfolio separation with the spin‑off of Vontier, concentrating Fortive’s activities on higher‑margin instrumentation, software and services.

Fortive’s operations center on professional test and measurement, sensing and monitoring, software‑enabled solutions, and lifecycle services that support industrial and commercial customers.